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.

6/21/17 Closing Prices:

Bitcoin: $2705.09 (+$53.54) Gold: $1,246 (+$3.00) Dow Jones Industrials: 21,410.03 (-57.11) S&P500: 2,435.61 (-1.42) Nasdaq Composite: 6,233.95 (-45.92)

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

Trading Summary Notes for Wednesday, 6/21/17:

  • Bitcoin poised for new move to new highs. Momentum has returned
  • Where is bitcoin going? $5,000? $500K? $1M? UP IS THE ANSWER
  • No way to put a value on bitcoin
  • Raise near term buy target to $2550-$2600
  • Gold testing support area…….$1240
  • Gold acting very disappointing……..for now.
  • Gold close BELOW $1240 would be bearish.
  • Hold gold for now.

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