Bitcoin Gold

Welcome to our new streamlined format for Bitcoin vs Gold (and beyond) and look for additional changes over the coming weeks, including a new logo and more.

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.

8/14/17 Closing Prices:

Bitcoin: $4,269.25 (+$722.04) Gold: $1,282 (-$9.00) Dow Jones Industrials: 21,993.71 (+135.39) S&P 500: 2,465.84 (+24.82) Nasdaq Composite: 6,340.23 (+83.68)

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

Trading Summary Notes for Monday, 8/14/2017

  • Another great weekend for bitcoin; tests and blows through $4,000
  • Hedge funds and ICO's helping propel rapid rise
  • Bitcoin’s upside trajectory getting stronger. $5,000 near term target in sight
  • After Bitcoin's rapid rise use extreme caution in chasing offers
  • Gold falls back after testing upper resistance $1,290-$1,300
  • Getting more bullish on gold. Buy gold on dips against sell stop at $1,250
  • A gold close above $1300 would be very bullish. Next stop would be $1,350
  • LONG TERM BULLISH ON BITCOIN & GOLD

Current TRADING Positions: LONG BITCOIN

Past Market:

Read our PRIOR daily commentaries on Bitcoin vs Gold here

See other content on bitcoin & digital currencies here