Bitcoin price could revisit $76K after failed breakout

Bitcoin price erased an early move above $82,000 on Sept. 4 as stronger-than-expected US employment data lifted Treasury yields and weakened demand for risk assets. Summary Bitcoin price fell 2.1% on the daily chart after trading as high as $82,281 intraday. The $78,800–$79,300 area now serves as the main short-term breakout support. 4-hour RSI dropped to 53.45, showing that bullish momentum weakened after the rejection. Liquidity clusters near $80,200 and $81,800 could attract price if Bitcoin rebounds. Bitcoin price reverses after testing $82,000 According to data from crypto.news, Bitcoin (BTC) price briefly climbed above $82,000 on Friday before sellers forced the price back below $80,000, reversing the asset’s earlier gains. BTC reached an intraday peak of about $82,281 before falling toward $79,224. The Binance daily chart showed an open near $81,270, a low of $78,660, and a price around $79,560 at the time of capture, representing a 2.1% decline for the session. The reversal followed a sharp rally from Bitcoin’s mid-August base near $62,500. That advance carried the asset through $75,000 and into a consolidation range between roughly $76,000 and $82,000. Friday’s decline did...