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.
Sunday, 12/3/17 Closing Prices
Bitcoin: $11,741.34 (+$1,220.17 from Friday, 12/1)
12/1/17 Closing Prices:
Bitcoin: $10,521.17 (+$1,168.67)
Gold: $1,280 (-$5-)
Dow Jones Industrials: 24,231.59 (-40.76)
S&P 500: 2,642.22 (-5.36)
Nasdaq Composite: 6,847.59 (-26.39)
CME CF Bitcoin Reference Rate & CME CF Bitcoin Real Time IndexTrading Summary Notes for Friday, 12/1/2017
SUNDAY 12/3 BOUGHT BITCOIN $11,050
- BITCOIN shakes off the sharp selloff and finishes way back above $10K
- Selling just evaporates. More new highs on the way?
- Bitcoin “dip buyers” came to the rescue. I’m a bull and I’m surprised
- GOLD firms up and perks up in a very tight trading range
- Gold in very tight trading range………….$1,270- $1,300
- Gold is under-owned, over looked and in the shadow of bitcoin
- Gold WILL be the surprise move to the upside. Upside target $1,350
- LONG TERM BULLISH ON BITCOIN AND GOLD
CURRENT TRADING POSITION: LONG BITCOIN & GOLD
