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.

9/20/17 Closing Prices:

Bitcoin: $4,014.67 (+$32.57) Gold: $1,301 (-$10.00) Dow Jones Industrials: 22,412.59 (+41.79) S&P 500: 2,508.24 (+1.59) Nasdaq Composite: 6,456.04 (-5.28)

Trading Summary Notes for Wednesday, 9/20/2017

• BITCOIN wanders around and settles only a bit higher (above $4,000)
• BITCOIN’S sharp rally looks exhausted. Heading back down? YUP!
• May be looking at another sharp drop and a test of last week’s low
• GOLD suffers from Fed's comments on rates. Hurricane weakness "transitory", won't stop rate increases
• Gold may be breaking down. Longs use stops for trading........$1,285-$1,290
• LONG TERM BULLISH ON BITCOIN & GOLD

C

urrent TRADING Positions: LONG GOLD

Past Market

Read our PRIOR daily commentaries on Bitcoin vs Gold here

See other content on bitcoin & digital currencies here