Home The Taylor Report-Bitcoin vs Gold vs Ethereum Interest in BITCOIN Dying? Stuck Around $9K; GOLD Gets Nice ‘Pop’ UP...

Interest in BITCOIN Dying? Stuck Around $9K; GOLD Gets Nice ‘Pop’ UP (5/10/18)

 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.

5/10/18 Closing Prices:

Bitcoin:  $9,336.98  (+$67.59) 
Gold:  $1,321  (+$9)
Dow Jones Industrials:  24,739.53  (+196.99)
S&P 500:  2,723.07  (+25.28)

Nasdaq Composite:  7,404.98  (+65.07)

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

Trading Summary Notes for Thursday, 5/10/20

  • Interest in BITCOIN and cryptos currently non-existent
  • The $9,000 area seems to like quicksand
  • Morning buying dried up and after BRR closing time BITCOIN dropped down
  • Bitcoin futures having a dampening effect as futures volume increases
  • GOLD gets a nice jump up
  • A close above $1,320 would bring in buyers for a move back to $1,350-$1,355
  • Our price target is $1,395-$1,400

CURRENT TRADING POSITION:  Long BITCOIN & GOLD



CME CF Bitcoin Reference Rate & CME CF Bitcoin Real Time