Bitcoin Gold

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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.

6/19/17 Closing Prices:

Bitcoin: $2,562.88 (+117.84) Gold: $1,245 (-$10.00) Dow Jones Industrials: 21,528.99 (+144.71) S&P500: 2,453.46 (+20.31) Nasdaq Composite: 6,239.01 (+87.25)

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

Trading Summary Notes for Thursday, 6/19/17:

  • Bitcoin steady in the middle ($3,000-$2,000) after big sell off
  • If anyone is still short it might be time to re-think that position
  • Bitcoin MAY be "re-grouping" for another leg up
  • Raise near term buy target on bitcoin to $2250-$2300
  • Gold suffering from last week's FED outlook (slow growth, weak inflation)
  • However, gold may benefit from interest rates not increasing as previously forcast
  • Gold close BELOW $1240 would be bearish.
  • Hold gold for now.

Current Position LONG GOLD

Past Market

Read our PRIOR daily commentaries on Bitcoin vs Gold here

See other content on bitcoin & digital currencies here