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#BTCReclaims80K


BTC JUST GOT HIT — HERE'S WHAT I'M WATCHING NEXT
Bitcoin's sharp move lower today wasn't just a simple “strong jobs report = BTC crash” story.

The U.S. August jobs report surprised the market with 162K new jobs, while expectations were around the mid-50K range. July was also revised from a previously reported loss to a 21K gain, while unemployment stayed at 4.1%.

That completely changed the tone of the market for a moment.

Treasury yields moved higher and the dollar strengthened after the release. At the same time, Bitcoin started losing momentum, and the move became much faster as leveraged long positions were forced out.

That's the part I think traders need to pay attention to.

The first move was macro.
The acceleration was leverage.

BTC had already been trading in a volatile range, so once important intraday levels failed, there wasn't much standing between price and the next liquidity pockets.

But here's where I don't want to make the same mistake as everyone else:

I'm not calling this a confirmed bearish reversal yet.

The market needs to show what happens after the liquidation wave.

If BTC stabilizes and starts reclaiming the levels it lost, today's dump could turn into another liquidity sweep rather than the beginning of a much deeper trend.

If sellers continue to control the market and BTC loses the recent $77K–$78K region, then I would start watching the mid-$70Ks, with the previous low around $75K–$76K becoming increasingly important.

On the other side, if BTC gets back above $80K and eventually reclaims the $82K area with real volume, the bearish pressure from today's move would weaken considerably.

So my roadmap is simple:

Hold the recent support → recovery attempt

Lose support → $75K–$76K becomes possible

Reclaim $82K → bullish momentum can return

I'm not interested in guessing the exact bottom.

After a move like this, the better trade is usually to wait for price to show where buyers are actually willing to defend.

One more thing matters here:

The jobs report was strong, but the market's reaction to Fed expectations was not as straightforward as the headline suggests. Reuters reported that the implied probability of a September hike actually moved lower after the data, even as yields rose. That's why I'm watching yields, the dollar and BTC price action together, rather than using the NFP number alone as a trading signal.

For me, BTC is now at a decision point — not a guaranteed crash, and definitely not a guaranteed recovery.

Let price confirm the next direction.

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