Bitcoin holds above $80K despite strong US jobs data shifting Fed rate cut expectations.

Bitcoin remains stable above $80,000 as traders debate if the recent pullback is a bullish retest or a deeper correction. Strong US labor data, with 115,000 jobs added in April, reduced expectations for Federal Reserve rate cuts, briefly pressuring risk assets. Despite this, Bitcoin's price structure still shows bullish signs, holding key support levels and suggesting potential for further gains. Traders are closely watching the $80,000 level, a critical psychological and liquidity zone, to gauge Bitcoin's next move amid mixed economic signals.