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.

4/2/18 Closing Prices:

Bitcoin: $6,936.23 (-$453.68) (since Friday's close) Gold: $1,341 (+$15) (since Friday's close) Dow Jones Industrials: 23,644.19 (-458.92) S&P 500: 2,581.88 (-58.99) Nasdaq Composite: 6,870.12 (-193.33)

CME CF Bitcoin Reference Rate & CME CF Bitcoin Real Time Index

Trading Summary Notes for Monday, 4/2/2018

• BITCOIN struggles to hold $7,000. Buyers are missing
• Are the new futures to blame for bitcoin's decline? (see FintekNews)
• Almost all news on bitcoin (cryptos) is coming out negative
• Bitcoin COULD test recent $6,000+ – low
• GOLD rockets up $15 to just below previous resistance.......$1,350-$1,360
• Gold's months long trading range ($1,310-$1,355) may be over. Breakout to the upside?
• Gold picks up momentum on weaker dollar and trade war talk
• Once again, still looking for move to $1,390-$1,400. Don’t be short gold

CURRENT TRADING POSITION: Long GOLD

CME CF Bitcoin Reference Rate & CME CF Bitcoin Real Time