Bitcoin heads for third winning week in a row as macro pressures mount

Bitcoin is on track for a third consecutive weekly gain, but its attempted breakout past $80,000 reversed after a stronger-than-expected jobs report. The data and rising Treasury yields have introduced renewed macro pressures that are weighing on risk assets. As a result, the rally appears momentum-driven but fragile, with upside likely to be capped and the market vulnerable to pullbacks on further hawkish economic news.