Bitcoin has shown remarkable resilience, holding above the $80,000 threshold and trading at approximately $81,200 despite stronger-than-expected US inflation data. The Consumer Price Index (CPI) rose to 3.8% year-on-year in April, surpassing forecasts and leading to increased expectations of a Federal Reserve interest rate hike, now estimated at 35% probability before year-end. This inflation surge typically pressures risk-sensitive assets like Bitcoin, yet it has absorbed the news relatively well, with broader crypto markets also experiencing gains. Investors are particularly attentive to the upcoming summit between former US President Donald Trump and Chinese President Xi Jinping, as developments in US-China relations could influence market dynamics, especially concerning oil prices and tariffs. Technical analysis suggests Bitcoin is currently testing resistance levels, with potential upward targets set at $82,500 and beyond, while a failure to maintain these levels could lead to a drop towards $75,000.