Bitcoin: Slides on Blowout Jobs Report

Bitcoin slid after a blowout jobs report lifted odds of fresh Fed rate hikes, according to Decrypt reporting on September 4, 2026.

Price action shows BTC holding the bullish structure above the EMA50 at $78362.04 while the EMA200 at $72679.74 anchors the broader uptrend; the MACD golden cross at 702.1 keeps momentum positive even as RSI at 52.66 signals neutral conditions inside the Bollinger Bands, with the upper band at $82238.46 capping near-term advances and the lower band at $75191.61 marking short-term support. Traders now watch for a clean test of the 50-EMA before any continuation higher in this BTC price prediction environment.