Bitcoin Trades Flat: Key Catalysts to Watch Before the Next Breakout

Bitcoin edged around 1% higher and neared $113K over the past 24 hours, trading in a narrow band as investors balance cautious optimism against looming macro ￰0￱ markets assigning a 90% chance of a Federal Reserve rate cut by September 17, sovereign accumulation continuing, and technical signals flashing neutrality, BTC remains in a holding pattern just below ￰1￱ question is whether incoming policy decisions and structural demand can propel the next ￰2￱ Tailwinds: Fed Policy in Focus Weak August jobs data — just +22K jobs vs. +75K forecast — reinforced expectations that the Fed will cut rates this ￰3￱ now price in a 90% probability of easing, a shift that directly affects Bitcoin’s trajectory.

Historically, BTC has shown an inverse correlation to real yields and USD ￰4￱ the Fed moves dovishly, capital could flow back into risk assets, setting the stage for BTC to retest key ￰5￱ policy remains the dominant swing ￰6￱ are preparing for volatility around the September 17 meeting, with positioning cautious until confirmation ￰7￱ and Institutional Buying Provide Structural Support Despite Bitcoin’s -4.48% decline over 30 days, sovereign and institutional demand has proven resilient: El Salvador purchased 28 BTC ($3.1M) this week ahead of the 4th anniversary of its Bitcoin Law, bringing holdings to roughly 3,300 BTC ($373M). Japan’s Metaplanet announced a $61.4M BTC acquisition, signaling growing institutional interest from ￰8￱ retail sentiment remains hesitant, sovereign purchases and treasury allocations validate Bitcoin’s role as a reserve ￰9￱ demand provides a safety net, cushioning downside risks even in periods of muted ￰10￱ Picture: Neutral With a Bullish Bias BTC currently trades between its 7-day SMA ($111,109) and 30-day SMA ($113,730), signaling ￰11￱ RSI-14 at 49 points to neutral momentum, while a rising MACD histogram suggests an emerging bullish ￰12￱ levels to watch: Resistance: $113,836 (61.8% Fibonacci level).

A breakout here could target $117,892 (38.2% Fib). Support: $111K zone remains ￰13￱ here risks erasing short-term bullish ￰14￱ are balanced, leaning slightly ￰15￱ lack of conviction underscores the market’s wait-and-see approach ahead of macro ￰16￱ PR: Clarity When Markets Wait for Direction If PR has ever felt like trying to navigate a foggy road without headlights, Outset PR brings clarity with ￰17￱ as Bitcoin traders lean on technicals and macro signals to interpret market momentum, Outset PR builds strategies grounded in retrospective and real-time metrics to ensure communications generate lasting ￰18￱ of vague promises or generic outreach, Outset PR maps out narratives tied to product–market fit, timed precisely to market context, and selects media based on discoverability, domain authority, and conversion ￰19￱ approach ensures every client gains a forward-looking perspective: how their story will unfold, where it will land, and what impact it may ￰20￱ proprietary traffic acquisition technology blends editorial coverage with SEO and lead-generation, creating visibility that consistently outperforms standard ￰21￱ combining analytical rigor with boutique-level care, Outset PR has redefined what crypto PR looks ￰22￱ markets where narratives can shift overnight — just like Bitcoin’s swings around key resistance — the agency ensures clients don’t just get seen, but get seen in the right way, at the right time, and with verifiable ￰23￱ can find more information about Outset PR here: Website: ￰24￱ Telegram: ￰25￱ X: ￰26￱ Disclaimer: This article is provided for informational purposes ￰27￱ is not offered or intended to be used as legal, tax, investment, financial, or other advice.