Bitcoin price slips below $80K as jobs data lifts hike bets

Bitcoin price fell back below $80,000 after stronger-than-expected US employment data lifted Federal Reserve rate-hike expectations, while technical charts showed the rally had already met resistance near $82,500. Summary Bitcoin price traded near $79,600 after retreating from an intraday high around $81,370. US employers added 162,000 jobs in August, while unemployment remained unchanged at 4.1%. Daily resistance stands near $82,500, with 4-hour Supertrend support around $78,190. Liquidation clusters near $80,000 and $82,000 could shape Bitcoin’s next short-term move. Bitcoin price falls below $80,000 According to data from crypto.news, Bitcoin (BTC) price traded near $79,600 at the time of writing, down about 1.5% over 24 hours. The asset had reached an intraday high near $81,370 before sellers pushed it as low as $78,723. The pullback followed an earlier rally that carried Bitcoin above $82,000, its highest level since May. Buyers failed to sustain that move, leaving the price below a major resistance zone visible on the daily chart. Bitcoin’s daily candle showed the asset trading near $79,613 after touching a session high of $79,763. The price remained below horizontal resistan...