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.

4/10/18 Closing Prices:

Bitcoin: $6,749.86 (+35.07) Gold: $1,341 (+$4) Dow Jones Industrials: 24,408.00 (+428.90) S&P 500: 2,656.87 (+43.71) Nasdaq Composite: 7,094.30 (+143.96)

Trading Summary Notes for Tuesday, 4/10/2018

• BITCOIN steadily firming up the last few days. Base in the $6,500-$7,000 area
• Tax selling abating. Bitcoin seems poised to begin move higher
• A close up above $7,000 would be very positive. Near term target $9,000
• Longer term target $30,000-$35,000
• GOLD slowly gaining momentum, getting ready for upside breakout
• Close above $1,355 would be very positive
• Once again, still looking for move to $1,390-$1,400. Don’t be short gold
• 2018 TOP PICKS......LONG BITCOIN AND GOLD

CURRENT TRADING POSITION: Long BITCOIN & GOLD

CME CF Bitcoin Reference Rate & CME CF Bitcoin Real Time