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.

5/10/18 Closing Prices:

Bitcoin: $9,336.98 (+$67.59) Gold: $1,321 (+$9) Dow Jones Industrials: 24,739.53 (+196.99) S&P 500: 2,723.07 (+25.28) Nasdaq Composite: 7,404.98 (+65.07)

Trading Summary Notes for Thursday, 5/10/20

• Interest in BITCOIN and cryptos currently non-existent
• The $9,000 area seems to like quicksand
• Morning buying dried up and after BRR closing time BITCOIN dropped down
• Bitcoin futures having a dampening effect as futures volume increases
• GOLD gets a nice jump up
• A close above $1,320 would bring in buyers for a move back to $1,350-$1,355
• Our price target is $1,395-$1,400

CURRENT TRADING POSITION: Long BITCOIN & GOLD

CME CF Bitcoin Reference Rate & CME CF Bitcoin Real Time