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.
10/12/17 Closing Prices:
Bitcoin: $5,190.81 ($414.18) Gold: $1,293 (+$0) Dow Jones Industrials: 22,841.01 (-31.88) S&P500: 2,550.93 (+-4.31) Nasdaq Composite: 6,591.51(-12.04)
CME CF Bitcoin Reference Rate & CME CF Bitcoin Real Time IndexTrading Summary Notes for Thursday, 10/12/2017
- BITCOIN explodes through $5,000......takes out old highs......AND moves even higher
- Like I've been saying....momentum has been building. Very strong
- Now what? The next stop will be $5,900-$6,000
- GO BITCOIN
- GOLD hangs just under $1,300......unchanged
- Not backing away from $1,300. Looks like a move higher
- Place buy stops just over $1,300 ($1,305-$1,310) for breakout
- Strong close above $1,300 would trigger a move to $1,350
C
urrent TRADING Positions: LONG BITCOIN
Past Market
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