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.

9/27/17 Closing Prices:

Bitcoin: $4,081.66 (+$140.74) Gold: $1,285 (-$11.00) Dow Jones Industrials: 22,340.71 (+56.39) S&P500: 2,507.04 (+10.20) Nasdaq Composite: 6,453.26 (+73.10)

Trading Summary Notes for Wednesday, 9/27/2017

• BITCOIN close above $4,000 to re-gain upside momentum
• BOUGHT BITCOIN at $4,046 on a buy stop for NEW TRADE
• Just can't seem to keep bitcoin down. ALWAYS a long term hold
• GOLD softens more on the strength of the dollar
• Too many longs in gold? Looks like it
• Gold looks to re-test the $1,250 area.
• LONG TERM BULLISH ON BITCOIN & GOLD

C

urrent TRADING Positions: LONG BITCOIN

Past Market

Read our PRIOR daily commentaries on Bitcoin vs Gold here

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