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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.

6/9/17 Closing Prices:

Bitcoin: $2,848.08 (+$105.15) Gold: $1,267 (-$12.00) Dow Jones Industrials: 21,271.97 (+89.44) S&P500: 2,431.77 (-2.02) Nasdaq Composite: 6,207.92 (-113.85)

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

Trading Summary Notes for Wednesday, 6/9/17:

• Bitcoin shakes off uncertainty and profit taking
• Bitcoin readies assault on $3000
• Bitcoin momentum still long term intact.
• "Dip buyers" look at $2450-$2500
• Gold drops after reaching top of recent resistance.....$1300
• Still looking for break out above $1300
• Gold near term price target $1375-$1395
• Gold has support @ $1240-$1250

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