Welcome to our new streamlined format for Bitcoin vs Gold (and beyond) and look for additional changes over the coming weeks, including a new logo and more.
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.
6/30/17 Closing Prices:
Bitcoin: $2,506.58 (-$39.01) Gold: $1,242 (-$3.00) Dow Jones Industrials: 21,349.63 (+62.60) S&P500: 2,423.41 (+3.71) Nasdaq Composite: 6,140.42 (-3.93)
CME CF Bitcoin Reference Rate & CME CF Bitcoin Real Time Index
Trading Summary Notes for Friday, 6/30/17:
- Bitcoin "Stuck in the Middle With You" (old popular song).
- Bitcoin rallied to $3,000, sold off to $2,000 and here we are at $2,500
- Re-grouping before heading for new highs............shortly (??)
- Still very bullish on bitcoin long term
- Gold just meandering
- Gold still holding support area of $1240. Close below $1240 would be bearish
- Neutral on gold
Current Position LONG GOLD
Past Market:
