Welcome to our new streamlined format for Bitcoin vs Gold (and beyond) and look for additional changes over the coming weeks, including a new logo and more.
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.
8/14/17 Closing Prices:
Bitcoin: $4,269.25 (+$722.04) Gold: $1,282 (-$9.00) Dow Jones Industrials: 21,993.71 (+135.39) S&P 500: 2,465.84 (+24.82) Nasdaq Composite: 6,340.23 (+83.68)
CME CF Bitcoin Reference Rate & CME CF Bitcoin Real Time IndexTrading Summary Notes for Monday, 8/14/2017
- Another great weekend for bitcoin; tests and blows through $4,000
- Hedge funds and ICO's helping propel rapid rise
- Bitcoin’s upside trajectory getting stronger. $5,000 near term target in sight
- After Bitcoin's rapid rise use extreme caution in chasing offers
- Gold falls back after testing upper resistance $1,290-$1,300
- Getting more bullish on gold. Buy gold on dips against sell stop at $1,250
- A gold close above $1300 would be very bullish. Next stop would be $1,350
- LONG TERM BULLISH ON BITCOIN & GOLD
Current TRADING Positions: LONG BITCOIN
Past Market:
