Bitcoin holds above $80K amid cautious trading ahead of key U.S. inflation data.

Bitcoin price has recovered to trade above $80,000 after a recent dip caused by strong U.S. jobs data, which reduced expectations for Federal Reserve rate cuts. Despite a 13% gain over the past month, the rally is fragile and driven largely by leveraged futures rather than strong organic demand. Market indicators like declining exchange reserves and increased buying activity suggest a stronger support base, but bitcoin remains stuck below major resistance levels. Traders are closely watching upcoming U.S. inflation data and Federal Reserve policy for signals on bitcoin's next move.