Can Bitcoin Price Hold Above $80,000 This Week?

Crypto Insight Summary: Bitcoin has recovered to around $82,500 after briefly falling below $80,000 last week. But the rebound faces a major test on Wednesday, when fresh US oil inventory data could revive the inflation fears that triggered the selloff. Macro Conditions Heavily Impact the Market Bitcoin fell to $79,770 on Thursday as investors reacted to another troubling Crypto Insight Analysis: Direction: Neutral Impact: Minor Impact Horizon: Short-term (1-3 days) Reasoning: Oil inventory data may cause short-term volatility but unlikely to shift BTC's long-term trend.