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.

4/26/18 Closing Prices:

Bitcoin: $8,802.82 (-$85.09) Gold: $1,318 (-$5) Dow Jones Industrials: 24,322.34 (+238.51) S&P 500: 2,666.94 (+27.54) Nasdaq Composite: 7,118.68 (+114.94)

Trading Summary Notes for Thursday, 4/26/2018

• BITCOIN continues to rest and consolidate just under $9,000
• Profit taking after BTC's run up seems to holding in the $8,800 area
• Upward momentum intact and bitcoin seems to be beginning another leg higher
• Next target $12,000-$12,500
• GOLD drops back even as ten year treasury note dips back below 3%
• Gold remains trapped in trading range of $1,315-$1,320 to $1,350-$1,355
• Inflation is being vastly under estimated. Inflation very bullish for gold
• Looking for GOLD to move to $1,395-$1,400
• 2018 TOP PICKS……LONG BITCOIN AND GOLD

CURRENT TRADING POSITION: Long BITCOIN & GOLD

CME CF Bitcoin Reference Rate & CME CF Bitcoin Real Time