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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.
6/25/17 Closing Prices:
Bitcoin: $2592.89 (-116.78) Gold: $1,257 (+$1.00) Dow Jones Industrials: 21,394.76 (-2.53) S&P500: 2,438.30 (+3.80) Nasdaq Composite: 6,265.25 (+28.57)
CME CF Bitcoin Reference Rate & CME CF Bitcoin Real Time Index
Trading Summary Notes for Sunday, 6/25/17:
- Bitcoin getting some weekend selling. Seems to be caught in a tight trading range ($2500-$2750)
- May be in for a very quiet period for a while
- Continue to believe bitcoin will go through $3,000………soon
- Gold held support area of $1240. Moving higher.
- Gold trading in $1240-$1300 range. Continue to believe gold will break out to the upside
- Getting a bit more bullish on gold
Current Position LONG BITCOIN & LONG GOLD
Past Market
Read our PRIOR daily commentaries on Bitcoin vs Gold here
See other content on bitcoin & digital currencies here