BTC Tests Resistance Ahead of U.S. Jobs Data
Bitcoin is trading around $81K, testing the key $80.5K–$81.5K resistance zone after a strong recovery from the lower range near $77.5K. Momentum has improved significantly, with BTC reclaiming the 4H moving average and RSI near 67, but price is now approaching the upper boundary of the broader range.
Today’s U.S. jobs data at 6:00 PM IST could be the catalyst for the next major move. With NFP expected at 55K, unemployment at 4.1%, and the Fed’s September decision approaching, the data could bring sharp volatility. A sustained move above $81.5K would signal a breakout from the range, while rejection would keep BTC within the current structure.
September 4, 2026 114
