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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.
7/27/17 Closing Prices:
Bitcoin: $2,567.05 ($+76.78) Gold: $1,260 (-$1.00) Dow Jones Industrials: 21,796.55 (+85.54) S&P 500: 2,475.42 (-2.41) Nasdaq Composite: 6,382.19 (-40.50)
CME CF Bitcoin Reference Rate & CME CF Bitcoin Real Time IndexTrading Summary Notes for Thursday, 7/27/2017
- Opposite of yesterday. Bitcoin ignores SEC comments on ICO's and goes UP
- Bitcoin get yesterday's loss back. Its a wash
- Still lingering uncertainty on a “hard fork” (split). Aug 1st may bring ‘solid’ decision
- All this news is not that negative, just uncertain (markets hate that)
- Stay neutral on Bitcoin………prepare to be a buyer
- Gold holding above $1,250. A little jittery, but upside momentum growing
- Gold test of $1,300 soon?
- Can buy gold on dips against sell stop at $1,225
- LONG TERM BULLISH ON BITCOIN & GOLD
No Current TRADING Positions
Past Market:
Read our PRIOR daily commentaries on Bitcoin vs Gold here
See other content on bitcoin & digital currencies here