BITCOIN Sneaks Up Slightly, Ready to Rock? GOLD Moving Up Too, Breakout Coming? (4/10/18)

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.

4/10/18 Closing Prices:

Bitcoin:  $6,749.86  (+35.07) 
Gold:  $1,341  (+$4) 
Dow Jones Industrials:  24,408.00  (+428.90)
S&P 500:  2,656.87  (+43.71)

Nasdaq Composite:  7,094.30  (+143.96)

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

Trading Summary Notes for Tuesday, 4/10/2018

  • BITCOIN steadily firming up the last few days. Base in the $6,500-$7,000 area
  • Tax selling abating. Bitcoin seems poised to begin move higher
  • A close up above $7,000 would be very positive. Near term target $9,000
  • Longer term target $30,000-$35,000
  • GOLD slowly gaining momentum, getting ready for upside breakout
  • Close above $1,355 would be very positive
  • Once again, still looking for move to $1,390-$1,400.   Don’t be short gold
  • 2018 TOP PICKS……LONG BITCOIN AND GOLD

CURRENT TRADING POSITION:  Long BITCOIN & GOLD



CME CF Bitcoin Reference Rate & CME CF Bitcoin Real Time