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.

4/23/18 Closing Prices:

Bitcoin: $8,903.54 (+$402.79) (from Friday's close) Gold: $1,324 (-$12) (from Friday's close) Dow Jones Industrials: 24,448.69 (-14.25) S&P 500: 2,670.29 (+0.15) Nasdaq Composite: 7,128.60 (-17.52)

Trading Summary Notes for Monday, 4/23/2018

• After a steady rise following tax selling last week, BITCOIN hits the $9,000 "wall"
• $9,000 + - was resistance last month. Slight pullback expected before next move higher
• Momentum now on the bullish side. A strong close above $9,100 would open the door to $12,000-$12,500
• Year end target..................$30,000-$35,000
• Ten year treasuries just shy of 3% push GOLD down big
• Higher interest rates keep pressure on gold
• Interest rates will take a 'back seat' to inflation shortly. Inflation is being vastly under estimated
• Inflation very bullish for gold
• Once again, gold continues to be locked in a very tight trading range ($1,315-$1,355)
• 2018 TOP PICKS……LONG BITCOIN AND GOLD

CURRENT TRADING POSITION: Long BITCOIN & GOLD

CME CF Bitcoin Reference Rate & CME CF Bitcoin Real Time