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.

4/30/18 Closing Prices:

Bitcoin: $9,265.07 (+$33.95) (from Friday's close) Gold: $1,317 (-$7) (from Friday's close) Dow Jones Industrials: 24,163.15 (-148.04) S&P 500: 2,648.05 (-21.86) Nasdaq Composite: 7,066.27 (-53.33)

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

Trading Summary Notes for Monday, 4/30/2018

  • Strong gains just before the weekend held for BITCOIN over the weekend
  • Pushing above $9,500 will set the next target at $12,000-$12,500
  • Momentum seems to be building again for a another leg up
  • U.S. Dollar strength pushes GOLD down into support area.......$1,315-$1,320
  • Geopolitical fears (Mideast) and lurking inflation will 'trump' interest rates and dollar strength.........at some point
  • GOLD gets major endorsement from DoubleLine CEO Jeff Gundlach
  • Looking for GOLD to move to $1,395-$1,400
  • 2018 TOP PICKS……LONG BITCOIN AND GOLD

CURRENT TRADING POSITION: Long BITCOIN & GOLD