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BTC faces resistance at $79.4K and could break higher or reject again, Sjuul Follings notes

BTC faces resistance at $79.4K and could break higher or reject again, Sjuul Follings notes
BTC retests $79.4K resistance level

Sjuul Follings, industry influencer, highlights that BTC is once again approaching a significant resistance level at $79.4K after facing several rejections there previously.

Follings asks whether the cryptocurrency could finally break through this resistance in the coming week or face another setback, suggesting increased market attention at this technical threshold.

Follings previously commented on BONK forming a rounded bottom pattern while lagging behind other coins. In a separate post, another market watcher linked the Terraform Labs lawsuit against Jane Street in February 2026 to a shift in BTC's post-U.S. market open trading pattern. These observations add context to the current technical focus on bitcoin's resistance level.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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