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.
10/25/17 Closing Prices:
Bitcoin: $5,524.64 (-$132.35) Gold: $1,277 (-$0-) Dow Jones Industrials: 23,329.46 (-112.30) S&P500: 2,557.15 (-11.98) Nasdaq Composite: 6,563.89 (-34.54)
CME CF Bitcoin Reference Rate & CME CF Bitcoin Real Time IndexTrading Summary Notes for Wednesday, 10/25/2017
- BITCOIN sells off to move a bit farther from the $6,000 mark
- Could that area be a double top? Very possible
- Bitcoin could be forming a "head and shoulders" technical top. Stay tuned
- Bitcoin traders use caution
- GOLD moves very little. Finishes unchanged
- Gold may test the $1,250-$1,255 area. Lets be a buyer in that area
- LONG TERM BULLISH ON BITCOIN AND GOLD
C
urrent TRADING Positions: NO CURRENT TRADING POSITIONS
Read our PRIOR daily commentaries on Bitcoin vs Gold here
See other content on bitcoin & digital currencies here