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.

1/4/18 Closing Prices:

Bitcoin: $14,608.18 (-$433.67) Gold: $1,322 (+$7) Dow Jones Industrials: 25,075.13 (+152.45) S&P 500: 2,723.99 (+10.93) Nasdaq Composite: 7,077.92 (+12.38)

Trading Summary Notes for Thursday, 1/4/2018

• BITCOIN experiencing holiday season, blah news and short term malaise
• Looks like $15,000 will be bitcoin's "home" for a bit
• Might be (??) a few days of low volatility
• Get ready. Next stop $30,000
• GOLD is in a strong uptrend. Looking at $1,350 near term
• Gold is under owned and under loved. Don’t be short gold
• Top 2018 “HOT” picks………..both BITCOIN & GOLD

CURRENT TRADING POSITION: Long GOLD

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