{"id":27918,"date":"2025-09-05T11:57:43","date_gmt":"2025-09-05T15:57:43","guid":{"rendered":"https:\/\/design-providers.com\/rise\/bitcoin-dives-back-under-111000-despite-nonfarm-payrolls-miss\/"},"modified":"2025-09-05T11:57:43","modified_gmt":"2025-09-05T15:57:43","slug":"bitcoin-dives-back-under-111000-despite-nonfarm-payrolls-miss","status":"publish","type":"post","link":"https:\/\/design-providers.com\/rise\/bitcoin-dives-back-under-111000-despite-nonfarm-payrolls-miss\/","title":{"rendered":"Bitcoin Dives Back Under $111,000 Despite Nonfarm Payrolls Miss"},"content":{"rendered":"\n<p><strong>Key points:<\/strong><\/p>\n<ul>\n<li>\n<p>Bitcoin disappoints with volatility around US jobs data, resulting in a dive under $111,000.<\/p>\n<\/li>\n<li>\n<p data-ct-non-breakable=\"undefined\">BTC price action gives up all its gains while gold goes on to hit yet another all-time high.<\/p>\n<\/li>\n<li>\n<p data-ct-non-breakable=\"undefined\">Traders maintain expectations of a $100,000 support retest.<\/p>\n<\/li>\n<\/ul>\n<p>Bitcoin (<a rel=\"nofollow\" target=\"_blank\" data-ct-non-breakable=\"null\" href=\"https:\/\/cointelegraph.com\/bitcoin-price\" title=\"null\">BTC<\/a>) flipped volatile at Friday\u2019s Wall Street open as US jobs data fell far short of expectations.<\/p>\n<p><em>BTC\/USD one-hour chart. Source: Cointelegraph\/TradingView<\/em><\/p>\n<h2>Gold beats record with US labor market \u201crapidly deteriorating\u201d<\/h2>\n<p>Data from <a rel=\"nofollow\" target=\"_blank\" data-ct-non-breakable=\"null\" href=\"https:\/\/subscription.cointelegraph.com\/?_gl=1*enpnlb*_ga*MTE3NDE3MjgzMC4xNzE1NjcwODE1*_ga_53R24TEEB1*MTc0NDcyNDI2NS40MS4xLjE3NDQ3MjQyNjkuNTYuMC45MTY3MzAwMzI.\" title=\"null\">Cointelegraph Markets Pro<\/a> and <a rel=\"nofollow\" target=\"_blank\" data-ct-non-breakable=\"null\" href=\"https:\/\/www.tradingview.com\/symbols\/BTCUSD\/?exchange=BITSTAMP\" rel=\"noopener nofollow\" target=\"_blank\" title=\"null\">TradingView<\/a> showed BTC\/USD reaching new September highs of $113,400 before dropping almost $3,000 in an hour.<\/p>\n<p>The August print of US nonfarm payrolls (NFP) confirmed that the economy added 22,000 jobs \u2014 far fewer than the anticipated 75,000.<\/p>\n<p>The US dollar&#8217;s strength plummeted as a result, while gold hit new all-time highs.<\/p>\n<p><em>XAU\/USD four-hour chart. Source: Cointelegraph\/TradingView<\/em><\/p>\n<p>Reacting, market participants agreed that the course was now set for a key risk-asset tailwind event: the Federal Reserve <a rel=\"nofollow\" target=\"_blank\" data-ct-non-breakable=\"null\" href=\"https:\/\/cointelegraph.com\/news\/btc-vs-very-bearish-gold-breakout-5-things-bitcoin-this-week\" title=\"null\">cutting interest rates<\/a> at its Sept. 17 meeting.<\/p>\n<p>Data from CME Group\u2019s <a rel=\"nofollow\" target=\"_blank\" data-ct-non-breakable=\"null\" href=\"https:\/\/www.cmegroup.com\/markets\/interest-rates\/cme-fedwatch-tool.html\" rel=\"noopener nofollow\" target=\"_blank\" title=\"null\">FedWatch Tool<\/a> underscored the likelihood of such an outcome.<\/p>\n<p>\u201cThis marks the 2nd lowest jobs report number since July 2021,\u201d trading resource The Kobeissi Letter wrote in part of a <a rel=\"nofollow\" target=\"_blank\" data-ct-non-breakable=\"null\" href=\"https:\/\/x.com\/KobeissiLetter\/status\/1963943227561537958\" rel=\"noopener nofollow\" target=\"_blank\" title=\"null\">thread on X<\/a>.\u00a0<\/p>\n<p>\u201cThe labor market is rapidly deteriorating.\u201d<em>Fed target rate probabilities for September FOMC meeting (screenshot). Source: CME Group<\/em><\/p>\n<p>Kobeissi noted that the job numbers for previous months had also been revised down.<\/p>\n<p>\u201cThe labor market is far worse than you think: Not only was June&#8217;s jobs number negative, but the US economy lost -357,000 full time jobs in August,\u201d founder Adam Kobeissi <a rel=\"nofollow\" target=\"_blank\" data-ct-non-breakable=\"null\" href=\"https:\/\/x.com\/TKL_Adam\/status\/1963961233368924464\" rel=\"noopener nofollow\" target=\"_blank\" title=\"null\">added<\/a>.<\/p>\n<h2>Bitcoin price targets double down on $100,000 dip<\/h2>\n<p>Despite the positive implications of the NFP print for Bitcoin, BTC price action offered a noticeably lackluster reaction.<\/p>\n<p><em><strong>Related: <\/strong><\/em><a rel=\"nofollow\" target=\"_blank\" data-ct-non-breakable=\"null\" href=\"https:\/\/cointelegraph.com\/news\/bitcoin-sets-2024-style-bear-trap-major-short-squeeze-trader\" rel=\"Bitcoin sets 2024-style bear trap ahead of \u2018major short squeeze\u2019:\u00a0Trader\" target=\"Bitcoin sets 2024-style bear trap ahead of \u2018major short squeeze\u2019:\u00a0Trader\" title=\"Bitcoin sets 2024-style bear trap ahead of \u2018major short squeeze\u2019:\u00a0Trader\"><em><strong>Bitcoin sets 2024-style bear trap ahead of \u2018major short squeeze\u2019:\u00a0Trader<\/strong><\/em><\/a><\/p>\n<p>This was not lost on some market participants, who included popular commentator WhalePanda.<\/p>\n<p lang=\"en\" dir=\"ltr\">Who banned Bitcoin? <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/t.co\/iOKhtC7Z3O\">pic.twitter.com\/iOKhtC7Z3O<\/a><\/p>\n<p>\u2014 WhalePanda (@WhalePanda) <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/twitter.com\/WhalePanda\/status\/1963971356128645348?ref_src=twsrc%5Etfw\">September 5, 2025<\/a><\/p>\n<p>Traders instead looked to key resistance levels still in need of being flipped back to support. Popular trader Daan Crypto Trades flagged the 200-period simple (SMA) and exponential (EMA) moving averages on four-hour time frames.<\/p>\n<p>\u201cThe 4H 200MA &amp; EMA are generally seen as a good momentum indicator for the short to mid timeframe trend. These have both acted as resistance for the past few weeks and are now being tested again,\u201d part of an X post explained.<\/p>\n<p><em>BTC\/USDT perpetual futures four-hour chart. Source: Daan Crypto Trades\/X<\/em><\/p>\n<p>\u201cThis is a very crucial level to reclaim for more upside,\u201d fellow trader ZYN <a rel=\"nofollow\" target=\"_blank\" data-ct-non-breakable=\"null\" href=\"https:\/\/x.com\/Zynweb3\/status\/1963918608351809933\" rel=\"noopener nofollow\" target=\"_blank\" title=\"null\">agreed<\/a> about the pre-NFP price zone, adding that \u201cbulls will be fully back\u201d should $113,000 support return.<\/p>\n<p>Bearish perspectives remained, with crypto investor and entrepreneur Ted Pillows reiterating expectations of a drop toward $100,000.<\/p>\n<p>\u201cAlso, if this level doesn\u2019t hold, BTC could go around $92K-$94K CME gap level,\u201d he <a rel=\"nofollow\" target=\"_blank\" data-ct-non-breakable=\"null\" href=\"https:\/\/x.com\/TedPillows\/status\/1963947976117657792\" rel=\"noopener nofollow\" target=\"_blank\" title=\"null\">warned<\/a> on the day.<\/p>\n<p><em>BTC\/USDT one-day chart. Source: Ted Pillows\/X<\/em><\/p>\n<p class=\"post-content__disclaimer\" type=\"\">This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.<\/p>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Key points: Bitcoin disappoints with volatility around US jobs data, resulting in a dive under $111,000. BTC price action gives up all its gains while gold goes on to hit yet another all-time high. Traders maintain expectations of a $100,000 support retest. Bitcoin (BTC) flipped volatile at Friday\u2019s Wall Street open as US jobs data [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":27919,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.cointelegraph.com\/cdn-cgi\/image\/format=auto,onerror=redirect,quality=90,width=1200\/https:\/\/s3.cointelegraph.com\/uploads\/2024-12\/01939c75-034a-7dec-a634-ff4a6d4222b1","fifu_image_alt":"","footnotes":""},"categories":[11990],"tags":[12062,13922,18208,18209],"class_list":["post-27918","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-crypto-plug","tag-bitcoin","tag-dives","tag-nonfarm","tag-payrolls"],"rttpg_featured_image_url":{"full":["https:\/\/images.cointelegraph.com\/cdn-cgi\/image\/format=auto,onerror=redirect,quality=90,width=1200\/https:\/\/s3.cointelegraph.com\/uploads\/2024-12\/01939c75-034a-7dec-a634-ff4a6d4222b1",0,0,false],"landscape":["https:\/\/images.cointelegraph.com\/cdn-cgi\/image\/format=auto,onerror=redirect,quality=90,width=1200\/https:\/\/s3.cointelegraph.com\/uploads\/2024-12\/01939c75-034a-7dec-a634-ff4a6d4222b1",0,0,false],"portraits":["https:\/\/images.cointelegraph.com\/cdn-cgi\/image\/format=auto,onerror=redirect,quality=90,width=1200\/https:\/\/s3.cointelegraph.com\/uploads\/2024-12\/01939c75-034a-7dec-a634-ff4a6d4222b1",0,0,false],"thumbnail":["https:\/\/images.cointelegraph.com\/cdn-cgi\/image\/format=auto,onerror=redirect,quality=90,width=1200\/https:\/\/s3.cointelegraph.com\/uploads\/2024-12\/01939c75-034a-7dec-a634-ff4a6d4222b1",150,150,false],"medium":["https:\/\/images.cointelegraph.com\/cdn-cgi\/image\/format=auto,onerror=redirect,quality=90,width=1200\/https:\/\/s3.cointelegraph.com\/uploads\/2024-12\/01939c75-034a-7dec-a634-ff4a6d4222b1",300,300,false],"large":["https:\/\/images.cointelegraph.com\/cdn-cgi\/image\/format=auto,onerror=redirect,quality=90,width=1200\/https:\/\/s3.cointelegraph.com\/uploads\/2024-12\/01939c75-034a-7dec-a634-ff4a6d4222b1",1024,1024,false],"1536x1536":["https:\/\/images.cointelegraph.com\/cdn-cgi\/image\/format=auto,onerror=redirect,quality=90,width=1200\/https:\/\/s3.cointelegraph.com\/uploads\/2024-12\/01939c75-034a-7dec-a634-ff4a6d4222b1",1536,1536,false],"2048x2048":["https:\/\/images.cointelegraph.com\/cdn-cgi\/image\/format=auto,onerror=redirect,quality=90,width=1200\/https:\/\/s3.cointelegraph.com\/uploads\/2024-12\/01939c75-034a-7dec-a634-ff4a6d4222b1",2048,2048,false],"post-thumbnail":["https:\/\/images.cointelegraph.com\/cdn-cgi\/image\/format=auto,onerror=redirect,quality=90,width=1200\/https:\/\/s3.cointelegraph.com\/uploads\/2024-12\/01939c75-034a-7dec-a634-ff4a6d4222b1",370,265,false],"kava-thumb-s":["https:\/\/images.cointelegraph.com\/cdn-cgi\/image\/format=auto,onerror=redirect,quality=90,width=1200\/https:\/\/s3.cointelegraph.com\/uploads\/2024-12\/01939c75-034a-7dec-a634-ff4a6d4222b1",150,85,false],"kava-thumb-s-2":["https:\/\/images.cointelegraph.com\/cdn-cgi\/image\/format=auto,onerror=redirect,quality=90,width=1200\/https:\/\/s3.cointelegraph.com\/uploads\/2024-12\/01939c75-034a-7dec-a634-ff4a6d4222b1",230,230,false],"kava-thumb-m":["https:\/\/images.cointelegraph.com\/cdn-cgi\/image\/format=auto,onerror=redirect,quality=90,width=1200\/https:\/\/s3.cointelegraph.com\/uploads\/2024-12\/01939c75-034a-7dec-a634-ff4a6d4222b1",400,400,false],"kava-thumb-m-vertical":["https:\/\/images.cointelegraph.com\/cdn-cgi\/image\/format=auto,onerror=redirect,quality=90,width=1200\/https:\/\/s3.cointelegraph.com\/uploads\/2024-12\/01939c75-034a-7dec-a634-ff4a6d4222b1",370,500,false],"kava-thumb-m-2":["https:\/\/images.cointelegraph.com\/cdn-cgi\/image\/format=auto,onerror=redirect,quality=90,width=1200\/https:\/\/s3.cointelegraph.com\/uploads\/2024-12\/01939c75-034a-7dec-a634-ff4a6d4222b1",570,450,false],"kava-thumb-l":["https:\/\/images.cointelegraph.com\/cdn-cgi\/image\/format=auto,onerror=redirect,quality=90,width=1200\/https:\/\/s3.cointelegraph.com\/uploads\/2024-12\/01939c75-034a-7dec-a634-ff4a6d4222b1",1170,650,false],"kava-thumb-xl":["https:\/\/images.cointelegraph.com\/cdn-cgi\/image\/format=auto,onerror=redirect,quality=90,width=1200\/https:\/\/s3.cointelegraph.com\/uploads\/2024-12\/01939c75-034a-7dec-a634-ff4a6d4222b1",1920,1080,false],"kava-thumb-masonry":["https:\/\/images.cointelegraph.com\/cdn-cgi\/image\/format=auto,onerror=redirect,quality=90,width=1200\/https:\/\/s3.cointelegraph.com\/uploads\/2024-12\/01939c75-034a-7dec-a634-ff4a6d4222b1",600,999,false],"kava-thumb-justify":["https:\/\/images.cointelegraph.com\/cdn-cgi\/image\/format=auto,onerror=redirect,quality=90,width=1200\/https:\/\/s3.cointelegraph.com\/uploads\/2024-12\/01939c75-034a-7dec-a634-ff4a6d4222b1",640,640,false],"kava-thumb-justify-2":["https:\/\/images.cointelegraph.com\/cdn-cgi\/image\/format=auto,onerror=redirect,quality=90,width=1200\/https:\/\/s3.cointelegraph.com\/uploads\/2024-12\/01939c75-034a-7dec-a634-ff4a6d4222b1",1280,640,false]},"rttpg_author":{"display_name":"#RiseCelestialStudios"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href=\"https:\/\/design-providers.com\/rise\/category\/crypto-plug\/\" rel=\"category tag\">CRYPTO PLUG<\/a>","rttpg_excerpt":"Key points: Bitcoin disappoints with volatility around US jobs data, resulting in a dive under $111,000. BTC price action gives up all its gains while gold goes on to hit yet another all-time high. Traders maintain expectations of a $100,000 support retest. Bitcoin (BTC) flipped volatile at Friday\u2019s Wall Street open as US jobs data&hellip;","_links":{"self":[{"href":"https:\/\/design-providers.com\/rise\/wp-json\/wp\/v2\/posts\/27918","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/design-providers.com\/rise\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/design-providers.com\/rise\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/design-providers.com\/rise\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/design-providers.com\/rise\/wp-json\/wp\/v2\/comments?post=27918"}],"version-history":[{"count":1,"href":"https:\/\/design-providers.com\/rise\/wp-json\/wp\/v2\/posts\/27918\/revisions"}],"predecessor-version":[{"id":27920,"href":"https:\/\/design-providers.com\/rise\/wp-json\/wp\/v2\/posts\/27918\/revisions\/27920"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/design-providers.com\/rise\/wp-json\/wp\/v2\/media\/27919"}],"wp:attachment":[{"href":"https:\/\/design-providers.com\/rise\/wp-json\/wp\/v2\/media?parent=27918"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/design-providers.com\/rise\/wp-json\/wp\/v2\/categories?post=27918"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/design-providers.com\/rise\/wp-json\/wp\/v2\/tags?post=27918"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}