Home Bitcoin vs Gold Up Goes the BITCOIN, Back Over $9,000; GOLD Holds Support, Gets Major...

Up Goes the BITCOIN, Back Over $9,000; GOLD Holds Support, Gets Major Recommendation; Plus Rumors

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.

4/27/18 Closing Prices:

Bitcoin:  $9,231.12 (+$428.30) 
Gold:  $1,324  (+$6) 
Dow Jones Industrials:  24,311.19  (-11.15)
S&P 500:  2,669.91  (+2.97)

Nasdaq Composite:  7,119.80  (+1.12)

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

Trading Summary Notes for Friday, 4/27/2018

  • BITCOIN continues to rest and consolidate Back up over $9,000
  • Rumors have a large block of bitcoin hanging over the market
  • Potential large block being shopped at 5%-10% discount. When seller is cleaned up looking for $12,000-$12,500
  • GOLD holds our support at $1,315-$1,320. Rallies above that
  • Major gold endorsement from DoubleLine CEO Jeff Gundlach
  • Inflation is being vastly under estimated. Inflation very bullish for gold
  • Looking for GOLD to move to $1,395-$1,400

2018 TOP PICKS……LONG BITCOIN AND GOLD