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.

9/6/17 Closing Prices:

Bitcoin: $4,590.70 (+$210.65) Gold: $1,334 (-$8.00) Dow Jones Industrials: 21,807.64 (+54.33) S&P 500: 2,465.54 (+7.69) Nasdaq Composite: 6,393.31 (+17.74)

Trading Summary Notes for Wednesday, 9/6/2017

• BITCOIN heads back toward $5,000. Bitcoin just won't stay down
• Same story, "Buy the Dips" on Bitcoin. $4,100-$4,200? Good place
• GOLD settles slightly lower. Taking a breather
• Gold very under owned with demand picking up. Geopolitical events helping
• GOLD upside target of $1,350. That’s for short term traders and may be low
• 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