# Bitcoin Tests $85,000 Zone Ahead of Three Key U.S. Data Releases

By Enna Lee

Canonical URL: https://www.tokenpost.com/news/investing/25251
Published: 2026-09-29T09:27:31.000Z
Updated: 2026-09-29T09:27:31.000Z
Section: Investing

> The $84,000-$85,000 long-term-holder supply cluster is in focus as August consumer-price data and September factory and employment reports approach.

Bitcoin (BTC) is testing the $84,000-$85,000 long-term-holder supply cluster as three U.S. economic releases approach, setting up potentially different signals on consumer prices, factory costs and employment.

Bitcoin reached an intraday low of $82,563 on Sept. 28, moving below the supply cluster. A sustained break below it would put the approximately $77,000 True Market Mean in view, while a recovery would refocus attention on the approximately $96,700 mean MVRV level.

The first release is the Bureau of Economic Analysis’ August personal income and outlays report on Sept. 30 at 8:30 a.m. ET (12:30 p.m. UTC). The report includes the personal-consumption-expenditures price index, which measures price changes for goods and services purchased by U.S. consumers.

August energy markets provide context for that report. Brent crude averaged $91 per barrel in August, $7 higher than in July, while Gulf countries’ diesel and gasoil exports averaged 390,000 barrels per day.

The Oct. 1 survey will provide a more recent indication of factory-cost pressures. The Institute for Supply Management is scheduled to release its September Manufacturing PMI at 10 a.m. ET (2 p.m. UTC), after its August survey recorded a Prices Index reading of 71.1 and Supplier Deliveries at 59.3.

The September employment report is scheduled for Oct. 2 at 8:30 a.m. ET (12:30 p.m. UTC). The three releases may present different signals on consumer inflation, factory costs and the Federal Reserve’s policy path.

The Federal Reserve raised its federal funds target range by 25 basis points to 3.75%-4% on Sept. 16, with the new range taking effect Sept. 17. The Federal Open Market Committee said, “Inflation remains elevated,” while adding that “Job gains have kept pace with the workforce, and the unemployment rate has changed little.”

The next scheduled event for markets is the August personal income and outlays release on Sept. 30.