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.

9/11/17 Closing Prices:

Bitcoin: $4,255.27 (-$103.08) Gold: $1,327 (-$20.00) Dow Jones Industrials: 22,057.37 (+259.58) S&P 500: 2,488.11 (+26.68) Nasdaq Composite: 6,432.26 (+72.07)

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

Trading Summary Notes for Monday, 9/11/2017

  • BITCOIN has more China rumors/news then buyers. Looking "heavy"
  • Is China a “currency/bitcoin manipulator”? Is China trading bitcoin? Hmmmm!
  • BITCOIN TRADERS..........lets "step aside". Looks like "the dip" may be a lot bigger
  • Use stops when trading bitcoin
  • GOLD got to $1,350 resistance AND our target
  • GOLD got hit with dollar relief rally and bond selloff (rates ticked up)
  • Gold traders can look to buy in the $1,305-$1,310 area
  • LONG TERM BULLISH ON BITCOIN & GOLD

C

urrent TRADING Positions: LONG GOLD

Past Market

Read our PRIOR daily commentaries on Bitcoin vs Gold here

See other content on bitcoin & digital currencies here