Bitcoin following Bullish US Open in the Stock Market

The stock market indices picked up a bid just prior to the US Open. Funds have flowed out of Bitcoin into these indices. If the stock markets occur profit taking Bitcoin could have an upturn. If the stock markets continue to remain bid. Bitcoin could target $14,351 - 7th November 20:00 (UTC) lows.

Ethereum has lost the 38.2% Fibonacci and targets $433 the 23.6% Fibonacci level.

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