Bitcoin news is coming The last day of September is a mixture of caution and optimism. Bitcoin is just above US$112,000, but the bigger story is not just the candle, but what the macro calendar is trying to offer. This week we’re packing labor market data, Fed speeches, corporate revenue and even the looming risk of government shutdowns. Each of these is not just stocks, Crypto Marketclosely tracks wider risk feelings.
Why is the Jobs Report important to Bitcoin News?
September Employment Report Friday is the main event. The Fed has cut annually as only 22,000 jobs last month and rising unemployment rates showed just 22,000 jobs. The cut gave Bitcoin prices a temporary lift as risky assets cheered on a more simple financial position.
But here is the tension. If the labor market becomes even softer, the fear of a recession will put pressure on investors and separate risk capital from unstable assets such as BTC prices. Meanwhile, if unemployment rates rise sufficiently to not induce the Fed but not panic, Bitcoin prices could benefit from a new risk-on-push. Traders carefully analyze numbers. Hot Job Prints can update the toning of fear, but weaker ones may strengthen demand for safe hulls.
Fed officials in the spotlight
Some Fed officials including John Williams And Beth Hammack speaks this week. After Chairman Jerome Powell admits that the Fed faced a “challenging” balanced act between unemployment and inflation, the market will have the advantage for hints on how to move next. With Bitcoin, that’s simple. Douche tones strengthen the case of liquidity-driven gatherings, but Hawkish’s warnings could rekindle the dollar’s strength and weigh the BTC.
Risk of government closure
Investors cannot ignore Washington’s political theatre. If Congress fails to reach the deal by Tuesday night, Government closure It could shake your confidence in the US market. Historically, shutdowns have caused short-term stock volatility, and Bitcoin prices could capture a movement of sympathy. However, for some crypto investors, political dysfunction strengthens long-term papers of decentralized assets as an alternative to traditional systems. Its duality could make BTC prices more responsive to headlines than usual.
Bitcoin News: Important Levels of Bitcoin Price
On the daily charts, Bitcoin priced at nearly 110,000 US dollars, after testing support, before attempting to rebound. Approximately 109,300 Bollinger Bands served as cushions, and buyers intervened to protect that zone. Immediate resistance is 113,900, with a middle bollinger band that provides a strong supply of nearly 118,500.
If the Bulls are able to clear the 114,000-116,000 bands, Momentum will accelerate towards the 120,000 mark and work with the 0.236 Fibonacci pivot. However, if the midband is not reclaimed, the door to a 108,000 retest will open, as well as the 105,000-104,000 Fibonacci clusters. In short, BTC prices are surrounded by range, but when the macro winds cooperate, they become slightly bullish.
Bitcoin News: What Should Investors Expect?
It’s not just candles and pivots this week. $Bitcoin Pass is determined by the way jobs form and supply rhetoric in a macromood. Dovish fed with soft labor data can promote risk rallies and increase $btc. But, on either side – the sturdy work and political shaking allowed the injecting volatility and pressure support levels.
