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.

9/29/17 Closing Prices:

Bitcoin: $4,184.72 (+$29.61) Gold: $1,281 (-$6.00) Dow Jones Industrials: 22,405.09 (+23.89) S&P500: 2,519.36 (+9.30) Nasdaq Composite: 6,495.96 (+42.51)

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

Trading Summary Notes for Friday, 9/29/2017

  • BITCOIN eases up a little higher on a quiet trading day
  • Upward momentum slowly building again. $6,000 next?
  • GOLD breaking down and technically weak
  • Gold looks like it will test the $1,250 area
  • Gold traders look at $1,255- $1,260 for a buying opportunity
  • LONG TERM BULLISH ON BITCOIN & GOLD

C

urrent TRADING Positions: LONG BITCOIN

Past Market

Read our PRIOR daily commentaries on Bitcoin vs Gold here

See other content on bitcoin & digital currencies here