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.
8/31/17 Closing Prices:
Bitcoin: $4,720.78 (+$158.80) Gold: $1,323 (+$15.00) Dow Jones Industrials: 21,948.10 (+55.67) S&P 500: 2,471.65 (+14.06) Nasdaq Composite: 6,428.66 (+60.35)
CME CF Bitcoin Reference Rate & CME CF Bitcoin Real Time IndexTrading Summary Notes for Thursday, 8/31/2017
- BITCOIN jumps to new highs. Closer to $5,000
- The bitcoin upward march continues. Momentum strong
- Close to $5,000. Traders may want to place some protective sell stops
- GOLD paused and consolidated above $1,300 successfully. Moving up nicely
- Gold upside target of $1,350
- Traders can buy GOLD with sell stops at $1,305-$1,310
- LONG TERM BULLISH ON BITCOIN & GOLD
C
urrent TRADING Positions: LONG BITCOIN & LONG GOLD
Past Market:
Read our PRIOR daily commentaries on Bitcoin vs Gold here
See other content on bitcoin & digital currencies here