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.
3/29/18 Closing Prices:
Bitcoin: $7,389.91 (-$539.05) Gold: $1,326 (+$1) Dow Jones Industrials: 24,103.11 (+254.69) S&P 500: 2,640.87 (+35.87) Nasdaq Composite: 7,063.44 (+114.22)
CME CF Bitcoin Reference Rate & CME CF Bitcoin Real Time IndexTrading Summary Notes for Thursday, 3/29/2018
- BITCOIN continues steep dive. Has a very ugly March--off over 30%
- Bitcoin buyers have disappeared. No one reason to point out
- After breaking $7,500 bitcoin COULD test recent $6,000+ - low
- Still long term bullish on bitcoin..........buy low, sell high
- GOLD steadies after yesterday's sharp drop; up $1.00
- Gold in months long trading range of $1,305-$1,310 to $1,350-$1,360
- Still looking for move to $1,390-$1,400. Don’t be short gold
CURRENT TRADING POSITION: Long GOLD
CME CF Bitcoin Reference Rate & CME CF Bitcoin Real Time