Bitcoin Reclaims $80K, but the Jobs Report Still Looms

Bitcoin (BTC) opened September 3 at $77,340, closed at $81,270, and tagged $82,300 intraday.

On the 4-hour, it put in two bottoms at $76,420 and $76,264, then cleared the $79,220 neckline on volume.

The measured move (neckline-to-bottom height projected up) lands around $82,100, which yesterday's high already filled. So rather than a breakout that's just getting started, I see this as a spot where the first leg of the bounce is already done.

In the bigger picture, price is back above the weekly MA50 at $80,389 and the November 2025 low at $80,600, but this week's candle is still open, and the May high at $82,850 sits right above.

24-hour CVD showed more than $900 million in net buying, driven mostly by orders of $100K and up, but the actual high at $82,300 stalled at the $82,200 sell wall.

The top-trader long share has also climbed to 66%, so the long liquidations below $79,376 and $77,753 remain a downside risk.

The US jobs report (https://www.bls.gov/schedule/news_release/empsit.htm) comes out tonight at 9:30 PM KST. Nonfarm payrolls are expected at 55K versus -23K prior, so depending on the result, the September rate path could get shaken up again.

A daily close above $82,850 means it has cleared the higher resistance too, while a drop back below $80,389~80,600 should be read as this $80K reclaim being invalidated.

On a Friday night like this, I'm more curious about where it closes after the shakeout than about the moment it prints a high.