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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.
6/14/17 Closing Prices:
Bitcoin: $2,606.03 (-$119.39) Gold: $1,260 (-$7.00) Dow Jones Industrials: 21,374.56 (+46.09) S&P500: 2,437.92 (-2.43) Nasdaq Composite: 6,194.89 (-25.48)
CME CF Bitcoin Reference Rate & CME CF Bitcoin Real Time Index
Trading Summary Notes for Wednesday, 6/14/17:
- Bitcoin has problems. Trading with/like tech stocks?
- SOLD BITCOIN @ $2640.
- Cancel near term buy area of $2450-$2500
- Bitcoin looks like a big plunge inevitable..............and I'm a bull
- Gold reverses early gains
- Gold appears to be back at the lower area of the $1240-$1300 range
- Looks like gold will NOT challenge and break out above $1300.....for a while
- Gold reacting to lower inflation expectations from the Fed
- Holding gold
Current Position LONG GOLD
Past Market
Read our PRIOR daily commentaries on Bitcoin vs Gold here
See other content on bitcoin & digital currencies here