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.

2/13/18 Closing Prices:

Bitcoin: $8,533.68 (-$77.07) Gold: $1,329 (+$7) Dow Jones Industrials: 24,640.45 (+39.18) S&P 500: 2,662.94 (+6.94) Nasdaq Composite: 7,013.51 (+31.55)

Trading Summary Notes for Tuesday, 2/13/2018

• BITCOIN hold steady in low vol session, eases a tiny bit and trades higher after BRR 'fix'
• Bullish confidence returning after nervous selling the past few weeks
• Next move up underway? Looks like it is. $10K should be next upside target
• Let the "dust settle" and always use trading stops
• GOLD moving strongly back higher. Looks like $1,350 will next 'test' area
• Gold held our support/entry level of $1,310-$1,315. That could be a floor for a while
• Inflation talk heating up again with wage inflation creeping in
• Top 2018 “HOT” picks……….. long both BITCOIN & GOLD

CURRENT TRADING POSITION: Long BITCOIN & GOLD

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