BITCOIN Stabilizes at $9K; GOLD Moves Higher Up $3 (3/13/18)

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.

3/13/18 Closing Prices:

Bitcoin:  $9,051.47 (+$130.90) 
Gold:  $1,327  (+$3) 
Dow Jones Industrials:  25,007.03  (-171.58)
S&P 500:  2,765.31 (-17.71)

Nasdaq Composite:  7,511.01 (-77.31)

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

Trading Summary Notes for Tuesday, 3/13/2018

  • BITCOIN dances around the $9K area in subdued trading
  • Bitcoin going through a lack of interest. No new reasons to buy, no reasons to sell
  • Potential regulations are creating a “wait and see” environment
  • GOLD reverses early slight losses to finish higher
  • Gold seems to be stuck in a very tight trading range…..$1,310-$1,340
  • Still very bullish on gold
  • Gold is getting ready to challenge $1,400
  • Top 2018 “HOT” picks……… long both BITCOIN & GOLD

CURRENT TRADING POSITION:  Long BITCOIN & GOLD



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

Read our PRIOR daily commentaries