BITCOIN PAUSES ON WAY TO $6,000; GOLD STABILIZES (10/3/17)

Bitcoin Gold

FintekNews compares the price of Bitcoin, Gold & Major Market Averages on a daily basis, and uses the Chicago Mercantile Exchange’s (CME) bitcoin indexes (BRR & BRTI) for bitcoin pricing.

10/3/17 Closing Prices:

Bitcoin:  $4,261.15  (+-$152.75)
Gold:  $1,272  (+$1.00)
Dow Jones Industrials:  22,641.67  (+84.07)
S&P500: 2,534.58  (+5.46) 

Nasdaq Composite:  6,531.71 
(+15.00)

CME CF Bitcoin Reference Rate & CME CF Bitcoin Real Time Index

Trading Summary Notes for Tuesday, 10/3/2017

  • BITCOIN settles back a touch on its upward march higher
  • Goldman Sachs looking to get into bitcoin trading. More demand coming
  • Lust like the stock market, buy the dips
  • GOLD steadies with a tiny rise
  • Should have support in the $1,250 area
  • Gold traders look at $1,255- $1,260 for a buying opportunity
  • LONG TERM BULLISH ON BITCOIN & GOLD

Current TRADING Positions:  LONG BITCOIN

Past Market

 

Read our PRIOR daily commentaries on Bitcoin vs Gold here
See other content on bitcoin & digital currencies here