BTC was down 10% in the week leading up to September 1, reversing gains from the previous week as the dollar's decline paused. Upcoming U.S. economic data, particularly the ISM manufacturing PMI and nonfarm payrolls, will likely influence whether the dollar continues its weakening trend, which could impact risk assets like crypto. Analysts suggest that weaker-than-expected economic data could prompt the Fed to cut rates, potentially benefiting BTC by increasing monetary liquidity. However, concerns about a "growth scare" from poor PMI results or employment data could further pressure BTC, with technical indicators pointing to continued bearish momentum and potential declines toward $56k. Source: Coindesk