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.

10/26/17 Closing Prices:

Bitcoin: $5,936.01 (+$411.36) Gold: $1,267 (-$10) Dow Jones Industrials: 23,400.86 (+71.40) S&P500: 2,560.40 (+3.25) Nasdaq Composite: 6,556.77 (-7.12)

Trading Summary Notes for Thursday, 10/26/2017

• BITCOIN leaps up big on friendly comments from big investors
• Threatens $6,000 again. Another up wave coming? Or...........??
• Not so sure of this rally. Bitcoin could be forming a “head and shoulders” technical top
• Bitcoin traders use caution
• GOLD drops again. Very hard to get upside momentum going
• Gold looks likely to test the $1,250-$1,255 area. Lets be a buyer in that area
• LONG TERM BULLISH ON BITCOIN AND GOLD

C

urrent TRADING Positions: NO CURRENT TRADING POSITIONS

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