Bitcoin Pauses at $80K Ahead of Inflation Data

Bitcoin’s rally hit resistance near the $80,000 level as traders await the latest U.S. inflation data (the PCE index). The price hovered around $79,000 after briefly exceeding $81,000, with some profit-taking after a strong run. ETF inflows underpin the move, but momentum signals suggest overbought conditions. A sustained break above $80,000 could open a path to roughly $95,000–$100,000, while failing to hold the level could trigger a near-term pullback.