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.
10/20/17 Closing Prices:
Bitcoin: $5,803.49 (+$81.86) Gold: $1,281 (-$8) Dow Jones Industrials: 23,328.63 (+165.59) S&P500: 2,575.21 (+13.11) Nasdaq Composite: 6,629.05 (+23.99)
CME CF Bitcoin Reference Rate & CME CF Bitcoin Real Time IndexTrading Summary Notes for Friday, 10/20/2017
- BITCOIN pushing up toward $6,000. Looks like another big spike coming.
- So much for the "equity/bitcoin correlation". Both can go up....and up....and up
- If bitcoin begins moving up through $6,000 maybe put in buy stops to participate
- SATURDAY UPDATE: BOUGHT BITCOIN @ $6,025 ON A BUY STOP
- PLACE BITCOIN SELL STOP @ $5,720
- BITCOIN momentum certainly UP
- GOLD struggles for "market acceptance". Dead money it seems
- Gold may test the $1,250-$1,255 area. Lets be a buyer in that area
- LONG TERM BULLISH ON BITCOIN AND GOLD
C
urrent TRADING Positions: NO current TRADING positions
