Bitcoin Hits the Wall: $80k or Bust?Bitcoin / TetherUSBINANCE:BTCUSDTJfx_kingBitcoin just went on a tear, but it’s currently slamming into a major Supply Zone (that blue box) between $79,200 and $79,600. After a massive short squeeze fueled by the Middle East ceasefire news, BTC is finally showing some "exhaustion" at these highs. What I’m Seeing: The Rejection: Notice that sharp red candle right at the top? That’s sellers stepping in to protect the $80,000 psychological level. The Current Price: We're hovering at $78,708. It looks like the market is catching its breath after liquidating over $300M in shorts today. The Play: If we can’t close a 30m candle above that blue zone, expect a pullback to test the previous breakout level near $77,200. Verdict: The bulls are in control, but they just ran into a massive sell wall. It's a "wait and see" moment before the next leg up.