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.

10/10/17 Closing Prices:

Bitcoin: $4,815.11 (+$181.00) Gold: $1,288 (+$3.00) Dow Jones Industrials: 22,830.68 (+69.61) S&P500: 2,550.64 (+5.91) Nasdaq Composite: 6,587.25 (+7.52)

Trading Summary Notes for Tuesday, 10/10/2017

• BITCOIN settles just under $4,900. Higher earlier
• Here comes new highs.......just over $5,000 by the way
• Solid momentum building. Volatility in bitcoin returning
• Is $6,000 a good target? YES! Before much higher in the long term
• GOLD almost touches $1,300 (again). Settles just under
• Gold’s reversal last week is very bullish. Next stop $1,300
• Traders use $1,260- $1,265 for a buying opportunity

C

urrent TRADING Positions: LONG BITCOIN

Past Market

Read our PRIOR daily commentaries on Bitcoin vs Gold here

See other content on bitcoin & digital currencies here