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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.
6/20/17 Closing Prices:
Bitcoin: $2651.55 (+$88.72) Gold: $1,243 (-$2.00) Dow Jones Industrials: 21,467.14 (-61.85) S&P500: 2,437.03 (-16.43) Nasdaq Composite: 6,188.03 (-50.98)
CME CF Bitcoin Reference Rate & CME CF Bitcoin Real Time Index
Trading Summary Notes for Tuesday, 6/20/17:
- Bought Bitcoin @ $2,597
- Bitcoin poised for new move to new highs. Momentum has returned
- Where is bitcoin going? $5,000? $500K? $1M? UP IS THE ANSWER
- No way to put a value on bitcoin
- Raise near term buy target to $2550-$2600
- Gold testing support area.......$1240
- Gold acting very disappointing........for now.
- Gold close BELOW $1240 would be bearish.
- Hold gold for now.
Current Position LONG BITCOIN & LONG GOLD
Past Market
Read our PRIOR daily commentaries on Bitcoin vs Gold here
See other content on bitcoin & digital currencies here