The rise in risk aversion which has benefitted the dollar further this morning has now helped to push the Bitcoin back underneath 13,000 again. The move lower is also related to the drop in the EUR/USD as of course there is a loose correlation in place between the two instruments that has been noted here many times previously. The move lower in Bitcoin is also further evidence of the extent of market operators banking gains on risk assets as the whole investment backdrop continues to deteriorate this week. As to where Bitcoin might head to next next is rather uncertain, but clearly a stronger dollar may not do it many favours. That dollar strength has not yet been endorsed by the better than expected US data which has just been released showing bigger than expected Q3 growth. That came in at 33.1% for the period compared to an expectation of a rise of around 32%. The latest weekly jobs claim numbers stateside were also better than expected. Bitcoin has just rebounded slightly just now trading at 13,100 after dropping to 12,986 a few moments ago