Bitcoin in Focus as Markets Brace for Mr. Powell Speech, Ms. Bowman Testimony, and Key US Jobs, Inflation, and Sentiment Data This Week

Bitcoin is back at the center of market attention this week as investors position ahead of several high-impact macro events. Among the most watched are a speech by Mr. Powell and testimony from Ms. Bowman, both likely to offer fresh signals on the stance of Company Federal Reserve policy. Simultaneously, a slate of U.S. economic releases — including jobs, inflation, and consumer sentiment data — will provide near-term catalysts that could amplify volatility in crypto and risk assets.

Traders should view this week as a potential turning point: macro prints that deviate from expectations could trigger sharp moves in Bitcoin as market participants reassess rate outlooks and growth expectations. Historically, surprises in nonfarm payrolls or CPI metrics have been associated with abrupt re-pricing of risk assets. With Company U.S. Bureau of Labor Statistics releases on the calendar, attention will focus on both headline and core measures, and whether data reinforce a persistent inflation trend or suggest a cooling that could ease policy pressures.

From a technical perspective, traders should monitor key support and resistance zones for Bitcoin. Near-term technical support is visible in the lower-$30,000 range (roughly $34,000–$36,000), a region that has historically absorbed downside momentum. On the upside, major resistance remains around the $40,000–$42,000 band, where selling interest has previously emerged. A decisive break above that resistance could rekindle bullish momentum and invite renewed upside exploration, while a breakdown below core support could accelerate a corrective phase.

Volatility is the keyword for the trading session. Market participants should expect elevated intraday moves as commentary from Mr. Powell or testimony by Ms. Bowman may change the perceived timeline for policy easing or tightening. Traders with derivative exposure should check margin requirements and implied volatility on Bitcoin options, as gamma and vega dynamics can quickly amplify gains and losses. Risk management is essential: consider position sizing, stop levels around technical support, and the use of hedges where appropriate.

Beyond immediate price mechanics, there is a strategic dimension: persistent strength in employment and inflation prints would likely extend expectations of a tighter-for-longer policy path, which historically compresses risk asset valuations and could apply downward pressure on Bitcoin. Conversely, signs of cooling inflation or weaker payrolls may be interpreted as a green light for risk-seeking flow, potentially favoring Bitcoin and other high-beta assets. Market participants should weigh macro surprises against on-chain metrics and liquidity conditions to form a rounded view.

Bottom line: This week's combination of commentary from Company Federal Reserve officials and critical U.S. economic data creates a high-probability scenario for meaningful moves in Bitcoin. Traders should watch the $34k–$36k area as immediate support and the $40k–$42k band as key resistance, remain attentive to the messaging from Mr. Powell and Ms. Bowman, and prepare for heightened volatility that can rapidly change market structure.