Bitcoin News: Traders Eye September Jobs Report for Cues on BTC Breakout Above $120K

Bitcoin News: Traders Eye September Jobs Report for Cues on BTC Breakout Above $120K

The Fed’s most recent rate cut initially provided a modest boost to Bitcoin, but investors say the path forward depends less on past easing than on Powell’s Tuesday speech and upcoming jobs data that is scheduled to be released on Friday.

Bitcoin Price Analysis: One Last Hurdle Remains Before BTC Hits New ATH

Bitcoin has shifted out of its “trapped between MAs and resistance” phase into a confirmed breakout, with liquidity sweeps and structural shifts tilting the bias strongly bullish. While short-term pullbacks remain possible, the market structure now favours continuation toward $120K–$124K, where the next significant supply block and sell-side liquidity cluster await. Technical Analysis By Shayan The Daily Chart On the daily timeframe, BTC has rec…