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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.
6/26/17 Closing Prices:
Bitcoin: $2468.14 (-$241.53) Gold: $1,244 (-$12.00) Dow Jones Industrials: 21,409.55 (-2.53) S&P500: 2,439.07 (+0.77) Nasdaq Composite: 6,247.15 (-18.10)
CME CF Bitcoin Reference Rate & CME CF Bitcoin Real Time Index
Trading Summary Notes for Monday, 6/26/17:
- Sold Bitcoin $2467.
- Bitcoin breaking down. Ethereum 'flash crash" memories still linger
- $3,000 bitcoin starting to look very distant for a while
- Time to let bitcoin settle down. After shaking out too many longs?
- Still long term bullish on bitcoin.
- Gold sell off blamed on "fat finger" trade
- Gold still holding support area of $1240. Close below $1240 would be bearish
- Going "neutral" on gold for now.
Current Position LONG GOLD
Past Market:
Read our PRIOR daily commentaries on Bitcoin vs Gold here
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