BTC retreats from 12-week high after seller wall caps rally at $79,400

Bitcoin's run to a 12-week high stalled at $79,400, where a concentrated seller wall absorbed the Iran-driven rally and forced a pullback. The level now stands as the clearest near-term resistance on the chart — a ceiling that bulls will need to reclaim with volume before any continuation trade is credible.

The pattern is a familiar one: geopolitical risk-on flows push BTC to a technical threshold, then profit-taking and pre-positioned shorts take over. How quickly buyers regroup around current levels will determine whether $79,400 becomes a base or a ceiling that defines the next leg lower.