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.

3/27/18 Closing Prices:

Bitcoin: $8,063.27 (-$8.18) Gold: $1,344 (-$8) Dow Jones Industrials: 23,857.71 (-344.89) S&P 500: 2,612.62 (-45.93) Nasdaq Composite: 7,008.81 (-211.74)

Trading Summary Notes for Tuesday, 3/27/2018

• BITCOIN basically unchanged, trades lower after London close (BRR)
• Still hesitating after Twitter bans crypto ads, tax selling
• Bitcoin stuck in tight range ($7,500-$9,000) in boring trade
• GOLD rally runs out of steam in $1,350-$1,360 resistance area
• Gold in months long trading range of $1,305-$1,310 to $1,350-$1,360
• Looking for move to $1,390-$1,400. Don’t be short gold
• Top 2018 “HOT” picks……… long both BITCOIN & GOLD

CURRENT TRADING POSITION: Long GOLD

CME CF Bitcoin Reference Rate & CME CF Bitcoin Real Time