BTC Holds Strong Amid Inflation Focus and Key Technical Resistance

Bitcoin continues to trade above the $80,000 level for its longest stretch since February, showing resilient price action despite recent market volatility. Strength in tech stocks has also supported BTC sentiment, although the broader crypto market still lacks a major breakout catalyst.

Attention is now turning toward the US inflation data and oil prices, both of which could heavily influence risk assets this week. While strong US payroll data eased recession fears, growing global energy concerns continue to keep investors cautious.

Meanwhile, the CLARITY Act has passed the US House of Representatives, but its path through the Senate remains uncertain ahead of the mid-term elections. The outcome could play an important role in shaping the future regulatory environment for crypto markets.

On the technical side, BTCUSDT remains bullish on the 4H timeframe despite the latest pullback below 81.5K. Price recently faced rejection near the 82.5K resistance zone and is now consolidating around 81K after an aggressive rally from the 65K–70K region.

The bullish structure remains intact while Bitcoin holds above the key 79.5K–80K support area. Holding this zone could open the door for another move toward 82.5K and potentially 84.5K.

However, a breakdown below 79.5K may increase short-term bearish pressure, exposing 77K and 76K support levels next.

Momentum indicators are cooling from overbought territory, suggesting the market may continue consolidating before the next major directional move.

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