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.

10/4/17 Closing Prices:

Bitcoin: $4,211.92 (-$49.23) Gold: $1,276 (+$4.00) Dow Jones Industrials: 22,661.64 (+19.97) S&P500: 2,537.74 (+3.16) Nasdaq Composite: 6,534.63 (+2.91)

Trading Summary Notes for Tuesday, 10/4/2017

• BITCOIN dips slightly. Becoming a 'dull' trade in the $4,000-$4,500 range
• Building a base OR building a top?
• I choose base and $6,000 BUT always use trading stops
• GOLD steadies around $1,265-$1,270 area
• Should have support in the $1,250 area
• Gold traders look at $1,255- $1,260 for a buying opportunity

C

urrent TRADING Positions: LONG BITCOIN

Past Market

Read our PRIOR daily commentaries on Bitcoin vs Gold here

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