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.
2/13/18 Closing Prices:
Bitcoin: $8,533.68 (-$77.07) Gold: $1,329 (+$7) Dow Jones Industrials: 24,640.45 (+39.18) S&P 500: 2,662.94 (+6.94) Nasdaq Composite: 7,013.51 (+31.55)
CME CF Bitcoin Reference Rate & CME CF Bitcoin Real Time IndexTrading Summary Notes for Tuesday, 2/13/2018
- BITCOIN hold steady in low vol session, eases a tiny bit and trades higher after BRR 'fix'
- Bullish confidence returning after nervous selling the past few weeks
- Next move up underway? Looks like it is. $10K should be next upside target
- Let the "dust settle" and always use trading stops
- GOLD moving strongly back higher. Looks like $1,350 will next 'test' area
- Gold held our support/entry level of $1,310-$1,315. That could be a floor for a while
- Inflation talk heating up again with wage inflation creeping in
- Top 2018 “HOT” picks……….. long both BITCOIN & GOLD
CURRENT TRADING POSITION: Long BITCOIN & GOLD
CME CF Bitcoin Reference Rate & CME CF Bitcoin Real Time IndexRead our PRIOR daily commentaries