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.

2/15/18 Closing Prices:

Bitcoin: $9,842.22 (+$591.21) Gold: $1,354 (-0-) Dow Jones Industrials: 25,200.37 (+306.88) S&P 500: 2,731.20 (+32.57) Nasdaq Composite: 77,256.43 (+112.82)

Trading Summary Notes for Thursday, 2/15/2018

• BITCOIN leaps up to $10K, settles a touch lower. Trading back above $10K after 'close'.
• Closing above $10K for a few days will bring in new buying. $12k-$13k would be next target
• Next move up is underway. Bullish confidence returns
• Bitcoin acceptance becoming more prevalent globally. Expect regulators to watch closely
• GOLD finishes unchanged ABOVE $1,350
• Holding above $1,350 for a few days will make next move to $1,395-$1,400 next target
• Weak dollar and inflation pickup very bullish for gold
• Inflation picking up. Central banks BEHIND the curve?
• Top 2018 “HOT” picks……….. long both BITCOIN & GOLD

CURRENT TRADING POSITION: Long BITCOIN & GOLD

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