Bitcoin at Make or Break Zone 84K? or Back to 68K?Bitcoin / TetherUSBINANCE:BTCUSDTwesladBitcoin is testing a high confluence resistance zone at 79K–80K right now. This level sits directly on the upper boundary of the major ascending channel (higher timeframe) a proven supply zone that has repeatedly rejected price in the past. The broader structure is still bullish, but the current impulsive leg looks extended after completing a clean 5-wave move. We are now transitioning into a potential Wave 5 extension, which often produces one final push into the 81K–84K supply zone before exhaustion kicks in a classic fakeout scenario. Momentum is already fading as price grinds into resistance. This raises the risk of a short-term top, though it could also play out as consolidation before the next leg higher. Bearish scenario (higher probability if rejected here): Break and close below 75K support confirms weakness → initial target 72K, then deeper pullback into the 68.7K–68K demand zone (lower channel boundary). Bullish scenario: Clean breakout + sustained close above 84K invalidates the rejection thesis and opens the path toward $102k. Price is at a decisive inflection point, and the reaction here will define the next major move.