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.

10/30/17 Closing Prices:

Bitcoin: $6,066.36 (+$311.85) from Friday's close Gold: $1,277 (+$4) Dow Jones Industrials: 23,348.74 (-85.45) S&P500: 2,572.83 (-8.24) Nasdaq Composite: 6,698.96 (-2.30)

Trading Summary Notes for Monday, 10/30/2017

• BITCOIN hits $6,300. Softens a bit and is poised for another move up
• New Trade; BOUGHT BITCOIN @ $6,055
• Momentum picking up for upside. Sell off did not last long
• GOLD also starting to gather strength.
• New Trade; BOUGHT GOLD @ $1,271
• Gold should be helped with news later this week. Inflation and strong labor market
• LONG TERM BULLISH ON BITCOIN AND GOLD

C

urrent TRADING Positions: LONG BITCOIN AND GOLD

Read our PRIOR daily commentaries on Bitcoin vs Gold here

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