GOLD BREAKS DOWN, FALLS SHARPLY; BITCOIN RIGHT BEHIND, WATCH OUT! (9/21/17)

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.

9/21/17 Closing Prices:

Bitcoin:  $3,850.16  (-$164.51)
Gold:  $1,291  (-$10.00)
Dow Jones Industrials:  22,359.23  (-53.36)
S&P 500:  2,500.60  (-7.64) 

Nasdaq Composite:  6,422.69 
(-33.35)

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

Trading Summary Notes for Thursday, 9/21/2017

  • BITCOIN waffles around $4,000, then begins decent. Selling picks up
  • BITCOIN’S sharp rally looks exhausted. Heading back down? YUP!
  • Looks like a ‘re-test” of last weeks lows are coming. Sit tight
  • SOLD GOLD on a stop at $1,293. Always use stops
  • Gold has broken support areas and now looks lower. $1,250??
  • STILL, LONG TERM BULLISH ON BITCOIN & GOLD

Current TRADING Positions:  No Current Trading Positions

Past Market

 

Read our PRIOR daily commentaries on Bitcoin vs Gold here

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