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.
11/15/17 Closing Prices:
Bitcoin: $7,235.75 (+$644.75) Gold: $1,279 (-$2.00) Dow Jones Industrials: 23,271.28 (-138.19) S&P 500: 2,564.62 (-14.25) Nasdaq Composite: 6,706.21 (-31.66)
CME CF Bitcoin Reference Rate & CME CF Bitcoin Real Time IndexTrading Summary Notes for Wednesday, 11/15/2017
- BITCOIN takes a big leap up. Gathering strength for assault on $8,000
- Buying the bitcoin "dip' works again. Momentum very strong
- Bitcoin looks like it will take out the old highs and crack $8,000.........SOON
- GOLD gives back a couple of dollars. Grinding up slowly
- Slightly higher interest rates BUT also hotter inflation news
- Gold looking to break out above $1,300. Next stop $1,350
- LONG TERM BULLISH ON BITCOIN AND GOLD
CURRENT TRADING POSITION: LONG BITCOIN & LONG GOLD
CME CF Bitcoin Reference Rate & CME CF Bitcoin Real Time Index
Read our PRIOR daily commentaries on Bitcoin vs Gold