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.
6/21/17 Closing Prices:
Bitcoin: $2705.09 (+$53.54) Gold: $1,246 (+$3.00) Dow Jones Industrials: 21,410.03 (-57.11) S&P500: 2,435.61 (-1.42) Nasdaq Composite: 6,233.95 (-45.92)
CME CF Bitcoin Reference Rate & CME CF Bitcoin Real Time Index
Trading Summary Notes for Wednesday, 6/21/17:
- Bitcoin poised for new move to new highs. Momentum has returned
- Where is bitcoin going? $5,000? $500K? $1M? UP IS THE ANSWER
- No way to put a value on bitcoin
- Raise near term buy target to $2550-$2600
- Gold testing support area…….$1240
- Gold acting very disappointing……..for now.
- Gold close BELOW $1240 would be bearish.
- Hold gold for now.
Current Position LONG BITCOIN & LONG GOLD
Past Market