Are you cranking the the piston around half a dozen times and letting pressure build up until the gauge reading stops increasing? As mentioned, one also wants to hold the throttle open so air can flow freely.
If you are doing it this way, 80psi reading is low. Next test is to pour a teaspoon of oil into the cylinder and retest. If pressure increases, this suggests your rings are leaking, if not, your valves are suspect.