Bitcoin Forecast: Markets Give Up Early Gains – 02 October 2020

Bitcoin markets initially tried to rally during the trading session on Thursday but continue to find the $11,000 level to be a bit too much to overcome. That being said, the market looks as if it is trying to figure its way out for a longer-term move, and $11,000 is obviously a major resistance barrier that we cannot seem to get over. What is particularly interesting is that we had seen a lot of movement in the Forex markets due to the fact that the noise around Brexit continues, throwing the US dollar around.Because of all of this, it looks as if we are going to stay in the same range that we…

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