What Bitcoin Investors Will Be Watching Out for This Week?

Bitcoin news enters the final days of September with a mix of caution and optimism. While the Bitcoin price sits just above 112,000 USD, the bigger story isn’t only in the candles but in what the macro calendar is about to deliver. This week packs labor market data, Fed speeches, corporate earnings, and even the looming risk of a government shutdown. Each of these has the power to set the tone not just for equities but also for crypto market, which has been tracking broader risk sentiment closely.

Why the Jobs Report Matters for Bitcoin News?

The September employment report due Friday is the main event. Last month’s weak showing of just 22,000 jobs and a rising unemployment rate pushed the Fed into its first rate cut of the year. That cut gave Bitcoin price a temporary lift as risk assets cheered easier financial conditions.

But here’s the tension: if the labor market softens further, recession fears may weigh on investors, pulling risk capital away from volatile assets like BTC price. On the other hand, if unemployment rises just enough to keep the Fed dovish but not panic-inducing, Bitcoin price could benefit from a renewed risk-on push. Traders will be parsing the numbers carefully: a hot jobs print could trigger renewed tightening fears, while a weak one could reinforce safe-haven dollar demand.

Fed Officials in the Spotlight

Several Fed officials, including John Williams and Beth Hammack, will speak this week. After Chair Jerome Powell admitted the Fed faces a “challenging” balancing act between unemployment and inflation, markets will be on edge for hints about the next move. For Bitcoin, the implications are straightforward: dovish tones strengthen the case for liquidity-driven rallies, while hawkish warnings might reignite dollar strength and weigh on BTC.

Government Shutdown Risk

Investors can’t ignore the political theater in Washington. If Congress fails to reach a deal by Tuesday night, a government shutdown could shake confidence in U.S. markets. Historically, shutdowns have triggered short-term equity volatility, and Bitcoin price could catch sympathy moves. Yet, for some crypto investors, political dysfunction reinforces the long-term thesis of decentralized assets as an alternative to traditional systems. That duality could make BTC price more reactive to headlines than usual.

Bitcoin News: Key Levels for Bitcoin Price

On the daily chart, Bitcoin price is attempting a rebound after testing support near 110,000 USD. The lower Bollinger Band around 109,300 acted as a cushion, and buyers stepped in to defend that zone. The immediate resistance is at 113,900, the middle Bollinger band, followed by stronger supply near 118,500.

If bulls can clear the 114,000–116,000 band, momentum could accelerate toward the 120,000 mark, aligning with the 0.236 Fibonacci pivot. Failure to reclaim the mid-band, however, opens the door to retests of 108,000 and even the 105,000–104,000 Fibonacci cluster. In short, BTC price is rangebound but leaning slightly bullish if macro winds cooperate.

Bitcoin News: What Investors Should Expect?

This week isn’t just about candles and pivots. $Bitcoin path will be dictated by how the jobs report and Fed rhetoric shape the macro mood. A dovish Fed with soft labor data could fuel a risk rally, pushing $BTC higher. But a surprise on either side—strong jobs or political gridlock—could inject volatility and pressure support levels.