Bitcoin Gold

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.

3/5/18 Closing Prices:

Bitcoin: $11,479.82 (+$640.50) (from Friday's close) Gold: $1,319 (-$2) (from Friday's close) Dow Jones Industrials: 24,874.76 (+336.70) S&P 500: 2,720.94 (+29.69) Nasdaq Composite: 7,330.71 (+72.84)

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

Trading Summary Notes for Monday, 3/5/2018

  • BITCOIN gaining strength and momentum. Climbs over the weekend
  • Getting ready to challenge $12K
  • Move above $12k-$12,500 will be super positive
  • Bitcoin break above $12,500K will lead to $15K. After that? $20K?
  • GOLD eases slightly on trade war fears being subdued
  • Inflation fears (yes, they ARE real) will come back to "page one"
  • Gold is getting ready to challenge $1,400……………at some point. $1,350 first
  • Top 2018 “HOT” picks……… long both BITCOIN & GOLD

CURRENT TRADING POSITION: Long BITCOIN & GOLD

CME CF Bitcoin Reference Rate & CME CF Bitcoin Real Time Index Read our PRIOR daily commentaries