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.
12/26/17 Closing Prices:
Bitcoin: $15,782.56 (+$2,880.33) from Friday 12/22 close Gold: $1,283 (+$9) from Friday 12/22 close Dow Jones Industrials: 24,746.21 (-7.85) S&P 500: 2,680.50 (-2.84) Nasdaq Composite: 6,936.25 (-23.71)
CME CF Bitcoin Reference Rate & CME CF Bitcoin Real Time IndexTrading Summary Notes for Tuesday, 12/26/2017
- BITCOIN right back to last Thursday's close. Friday and holiday weekend just a TEASE
- Bitcoin scared a lot of people out before the holiday weekend. Hit our $12K-$13k buy area
- Next target for bitcoin........$30K
- QUESTION? If bitcoin "experts" say its worth zero, why is it $25K+?
- GOLD heading up to resistance at $1,295-$1,300. Is this the breakout time?
- Gold pick up some followers going into 2018.
- Gold near term target $1,350...........after breaking above $1,300 of course
- Once again......Gold is under owned and under loved. Don’t be short gold
CURRENT TRADING POSITION: Long BITCOIN & GOLD
CME CF Bitcoin Reference Rate & CME CF Bitcoin Real Time Index Read our PRIOR daily commentaries on Bitcoin vs Gold here