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.
9/18/17 Closing Prices:
Bitcoin: $4,072.79 (+$521.65) Gold: $1,307 (-$14.00) Dow Jones Industrials: 22,331.35 (+63.01) S&P 500: 2,503.87 (+3.64) Nasdaq Composite: 6,454.64 (+6.17)
CME CF Bitcoin Reference Rate & CME CF Bitcoin Real Time IndexTrading Summary Notes for Monday, 9/18/2017
- BITCOIN ROCKETS up after deep plunge last week. Up over 35% from bottom to Monday BRR 'fix'
- Volatility exists in bitcoin. Expect more
- Bitcoin heading back to $5,000? Perhaps. Trading bounce? Perhaps
- Looks like bitcoin will "test" $4,500. Then??????
- GOLD sells off on Fed fears. Fed meets this week to discuss interest rates and QE unwinding
- Wait for the news conference after announcement. Should be NO rate increase
- Gold right here in our "buy zone".........$1,305-$1.310. Traders use stops $1,285-$1,290
- LONG TERM BULLISH ON BITCOIN & GOLD
C
urrent TRADING Positions: LONG BITCOIN & LONG GOLD
Past Market
Read our PRIOR daily commentaries on Bitcoin vs Gold here
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