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.

12/26/17 Closing Prices:

Bitcoin: $15,782.56 (+$2,880.33) from Friday 12/22 close Gold: $1,283 (+$9) from Friday 12/22 close Dow Jones Industrials: 24,746.21 (-7.85) S&P 500: 2,680.50 (-2.84) Nasdaq Composite: 6,936.25 (-23.71)

Trading Summary Notes for Tuesday, 12/26/2017

• BITCOIN right back to last Thursday's close. Friday and holiday weekend just a TEASE
• Bitcoin scared a lot of people out before the holiday weekend. Hit our $12K-$13k buy area
• Next target for bitcoin........$30K
• QUESTION? If bitcoin "experts" say its worth zero, why is it $25K+?
• GOLD heading up to resistance at $1,295-$1,300. Is this the breakout time?
• Gold pick up some followers going into 2018.
• Gold near term target $1,350...........after breaking above $1,300 of course
• Once again......Gold is under owned and under loved. Don’t be short gold

CURRENT TRADING POSITION: Long BITCOIN & GOLD

CME CF Bitcoin Reference Rate & CME CF Bitcoin Real Time Index Read our PRIOR daily commentaries on Bitcoin vs Gold here