Bitcoin Gold

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.

10/23/17 Closing Prices:

Bitcoin: $55,725.82 (-$77.67) from Friday Gold: $1,282 (+$1) Dow Jones Industrials: 23,273.96 (-54.67) S&P500: 2,564.98 (-10.23) Nasdaq Composite: 6,586.83 (-42.23)

C

urrent TRADING Positions: LONG BITCOIN

CME CF Bitcoin Reference Rate & CME CF Bitcoin Real Time Index

Trading Summary Notes for Monday, 10/23/2017

  • BITCOIN spikes above $6,000 over the weekend. Then pulls back
  • Pullback should be considered normal. Backing and filling
  • Bitcoin traders use caution
  • GOLD weakens early, then firms up
  • Gold may test the $1,250-$1,255 area. Lets be a buyer in that area
  • LONG TERM BULLISH ON BITCOIN AND GOLD

C

urrent TRADING Positions: LONG BITCOIN

Read our PRIOR daily commentaries on Bitcoin vs Gold here

See other content on bitcoin & digital currencies here