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.

11/14/17 Closing Prices:

Bitcoin: $6,591.00 (-$16.76) Gold: $1,281 (+$3.00) Dow Jones Industrials: 23,409.47 (-30.23) S&P 500: 2,578.87 (-5.97) Nasdaq Composite: 6,737.87 (-19.72)

Trading Summary Notes for Tuesday, 11/14/2017

• BITCOIN eases off and becomes a bit more stable. Calm before a new move?
• BOUGHT BITCOIN @ $6,620. Looking for new move up.
• New move up could see $8,000+
• GOLD inches up on hotter inflation number here in the US
• Gold looking to break out above $1,300. Next stop $1,350
• LONG TERM BULLISH ON BITCOIN AND GOLD

CURRENT TRADING POSITION: LONG BITCOIN & LONG GOLD

CME CF Bitcoin Reference Rate & CME CF Bitcoin Real Time Index

Read our PRIOR daily commentaries on Bitcoin vs Gold

here