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.
10/13/17 Closing Prices:
Bitcoin: $5,743.71 ($552.90) Gold: $1,303 (+$10) Dow Jones Industrials: 22,871.72 (+30.71) S&P500: 2,553.17 (+2.24) Nasdaq Composite: 6,605.80 (+14.29)
CME CF Bitcoin Reference Rate & CME CF Bitcoin Real Time IndexTrading Summary Notes for Friday, 10/13/2017
- BITCOIN leaps to new all time highs........$5,856 actually
- SOLD BITCOIN TRADING POSITION at $5,773. Target was $5,900-$6,000. Close enough
- Too much too fast. Expect some softness and pullback
- Was THAT the top of bitcoin?? Time will tell......I think not
- GOLD has a solid day. Close over $1,300 is positive
- With continued strength upside target is $1,350
- Place buy stops at $1,305-$1,310 for breakout. Make sure it stays ABOVE $1,300
- LONG TERM BULLISH ON BITCOIN AND GOLD
C
urrent TRADING Positions: NO current TRADING positions
Past Market
Read our PRIOR daily commentaries on Bitcoin vs Gold here
See other content on bitcoin & digital currencies here