Bitcoin trades at $64,000, down 1.5% on the day, still pinned below a ceiling that has frustrated bulls for weeks. The U.S. labor market posted a net loss of 23,000 jobs in July, the first since the post-pandemic recovery, while economists had penciled in a gain of 95,000. BTC tested its 50-day moving average before rolling back over, confirming a pattern of lower highs and lower lows since the May peak near $80,000. Support sits at $63,766 and resistance at $65,000, with a 7-day forecast flat at $63,935 and the RSI at 50, indicating perfect market neutrality.
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