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.
12/1/17 Closing Prices:
Bitcoin: $10,521.17 (+$1,168.67) Gold: $1,280 (-$5-) Dow Jones Industrials: 24,231.59 (-40.76) S&P 500: 2,642.22 (-5.36) Nasdaq Composite: 6,847.59 (-26.39)
CME CF Bitcoin Reference Rate & CME CF Bitcoin Real Time IndexTrading Summary Notes for Friday, 12/1/2017
- BITCOIN shakes off the sharp selloff and finishes way back above $10K
- Selling just evaporates. More new highs on the way?
- Bitcoin "dip buyers" came to the rescue. I'm a bull and I'm surprised
- GOLD firms up and perks up in a very tight trading range
- Gold in very tight trading range………….$1,270- $1,300
- Gold is under-owned, over looked and in the shadow of bitcoin
- Gold WILL be the surprise move to the upside. Upside target $1,350
- LONG TERM BULLISH ON BITCOIN AND GOLD
CURRENT TRADING POSITION: LONG GOLD
CME CF Bitcoin Reference Rate & CME CF Bitcoin Real Time Index Read our PRIOR daily commentaries on Bitcoin vs Gold here