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.

9/26/17 Closing Prices:

Bitcoin: $3,940.92 (+$77.75) Gold: $1,296 (-$12.00) Dow Jones Industrials: 22,284.32 (-11.77) S&P 500: 2,496.84 (+0.18) Nasdaq Composite: 6,380.16 (+9.57)

Trading Summary Notes for Tuesday, 9/26/2017

• BITCOIN strolls up above $3,900 in quiet trade
• The more bitcoin wanders around under $4,000 the more potential for downside
• Traders stay neutral on bitcoin. Shorts, use buy stops. Longs, use sell stops
• GOLD takes a trip to the downside on Yellen talk
• The gold action is a little disappointing. Too many longs?
• Gold may head back down to the $1,250 area. Or, another North Korea incident pops up
• LONG TERM BULLISH ON BITCOIN & GOLD

C

urrent TRADING Positions: No Current Trading Positions

Past Market

Read our PRIOR daily commentaries on Bitcoin vs Gold here

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