Will Bitcoin price surge to $80k as US core inflation falls, ETF inflows jump?

Bitcoin has recovered 16% from its yearly low and is testing the $70,000 resistance level. The potential surge to $80,000 is supported by increasing ETF inflows and declining US core inflation data.

• →Bitcoin price has jumped 16% from its lowest point this year and is approaching the crucial $70,000 resistance level.
• →Robust ETF inflows are providing strong institutional support for Bitcoin's price recovery.
• →Falling US core inflation is creating a favorable macroeconomic environment for risk assets like Bitcoin.
• →The combination of technical recovery and fundamental factors suggests potential for further upside momentum.
• →A break above $70,000 resistance could pave the way for Bitcoin to target the $80,000 price level.