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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.
5/30/17 Closing Prices:
Bitcoin: $2,253.72 (+$17.98) Gold: $1,263 (-$4.00) Dow Jones Industrials: 21,029.47 (-50.81) S&P500: 2,412.91 (-2.91) Nasdaq Composite: 6,203.19 (-7.01)
CME CF Bitcoin Reference Rate & CME CF Bitcoin Real Time Index
Trading Summary Notes for Monday, 5/30/17:
- Bitcoin settling down for now.
- Bitcoin looks to continue sell off. Probably NOT as deep as many think.
- On sidelines currently. Let volatility settle down.
- Gold drops slightly. Still in tight range.
- Gold upside resistance @ $1285-$1300
- Gold has support @ $1225-$1235
NO CURRENT POSITION
Read our PRIOR daily commentaries on Bitcoin vs Gold here
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