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.

4/24/18 Closing Prices:

Bitcoin: $9,285.56 (+$382.02) Gold: $1,332 (+$9) Dow Jones Industrials: 24,024.13 (-424.56) S&P 500: 2,634.56 (-35.73) Nasdaq Composite: 7,007.35 (-121.25)

Trading Summary Notes for Tuesday, 4/24/2018

• BITCOIN moves above $9,000, gets ready to step up toward $12,000-$12,500
• Upward momentum confirmed and bitcoin seems to be beginning another leg higher
• This next leg begins with a new group of large players (Soros, Rockefeller, institutions, etc)
• New highs by year end? Year end target………………$30,000-$35,000
• Ten year treasuries hit 3%. GOLD sold off in 'fear' of that but rallies on actual rate rise
• Interest rate NOT a worry, INFLATION INFLATION INFLATION
• Inflation is being vastly under estimated. Inflation very bullish for gold
• Another test of $1,350-$1,355 coming. A sold close above $1,355 VERY bullish
• Looking for GOLD to move to $1,395-$1,400
• 2018 TOP PICKS……LONG BITCOIN AND GOLD

CURRENT TRADING POSITION: Long BITCOIN & GOLD

CME CF Bitcoin Reference Rate & CME CF Bitcoin Real Time