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.
7/7/17 Closing Prices:
Bitcoin: $2,516.27 (-$74.00) Gold: $1,212 (-$13.00) Dow Jones Industrials: 21,414.34 (+94.30) S&P 500: 2,425.18 (+15.43) Nasdaq Composite: 6,153.08 (+63.62)
CME CF Bitcoin Reference Rate & CME CF Bitcoin Real Time Index
Trading Summary Notes for Friday, 7/7/2017:
- Bitcoin back to the $2,500 "mid-point ($2,000-$3,000) from high & selloff
- Bitcoin in “summer doldrums” and, it seems, a “tug-of-war” between bulls & bears
- Bitcoin in choppy summer trade waiting for next big move (UP? Yup)
- Very much long term bullish on bitcoin
- Gold getting ready to test $1,200
- Gold broke support ($1,240) and now in downtrend
- LONG TERM INVESTORS.........BUY LOW/SELL HIGH Next few months start adding positions
No Current Trading Positions
Past Market:
