WE HOPE YOU ENJOY OUR NEW FORMAT FOR BITCOIN VS GOLD, INCLUDING A LINK TO THE NEW CME ETHEREUM INDEXES!
By Bill Taylor, Contributor
We compare the price of Bitcoin, Ethereum, & Gold, using the CME Bitcoin Indexes (BRR & BRTI) and the CME Ethereum Indexes (ETH_RR_USD) & (ETH_RTI_USD) for reference.
6/29/18 Closing Prices:
Bitcoin: $5,885.88 (-$218.95) Ethereum: $411.22 (-$25.40) Gold: $1,252 (+$5) Dow Jones Industrials: 24,271.41 (+$55.36) S&P 500: 2,718.37 (+2.06) Nasdaq Composite: 7,510.30 (+6.62)
CME CF Bitcoin Reference Rate & CME CF Bitcoin Real Time Index CME ETH_RR_USD Ethereum Reference Rate & CME ETH_RTI_USD Ethereum Real Time IndexTrading Summary Notes for Friday, 6/29/2018
- NO RALLIES for BITCOIN, ETH or Cryptos
- GOLD re-takes yesterday's loss.......up $5.00 and above $1,250
- Be prepared for a Crypto selling climax
- Markets always overshoot.....both up and down............BITCOIN $4,000, ETH $250 and GOLD $1,200
- Capitulation creates great buying opportunities
- Long term bullish on BTC, ETH and GOLD. Fundamental story intact
CURRENT TRADING POSITION:
NO CURRENT TRADING POSITIONS
Bill Taylor is Managing Partner at Fintek Capital & a frequent contributor to FintekNews