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.

11/1/17 Closing Prices:

Bitcoin: $6,555.63 (+$178.95) Gold: $1,275 (+$4) Dow Jones Industrials: 23,435.01 (+57.77) S&P 500: 2,579.36 (+5.10) Nasdaq Composite: 6,716.53 (-11.14)

Trading Summary Notes for Wednesday, 11/1/2017

• BITCOIN hits more new highs. CME Group bitcoin futures a big factor
• Once again, Bitcoin gets even more credibility. Momentum clearly up
• Where is bitcoin going? UP
• GOLD inches back up. Not much interest BUT beginning to look VERY good
• 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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