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.
8/22/17 Closing Prices:
Bitcoin: $3,897.30 (-$104.14) Gold: $1,285 (-$7.00) Dow Jones Industrials: 21,899.89 (+196.14) S&P 500: 2,452.51 (+24.14) Nasdaq Composite: 6,297.48 (+84.35)
CME CF Bitcoin Reference Rate & CME CF Bitcoin Real Time IndexTrading Summary Notes for Tuesday, 8/22/2017
- Bitcoin settles a little lower on today's Seg Wit nervousness
- Nervous sellers pave the way for aggressive buyers to take bitcoin to $5,000
- Bitcoin just digesting gains of last few weeks. $5,000 still in sight
- Bitcoin “dip buyers” can look for $3,700-$3,800 area to step in
- Gold "hanging in" just under $1,300. Acting well
- Gold looks ready to explode and go right through resistance at $1,300. Upside target $1,350
- Traders can buy gold on dips against sell stop at $1,250
- LONG TERM BULLISH ON BITCOIN & GOLD
Current TRADING Positions: LONG BITCOIN & LONG GOLD
Past Market:
