Bitcoin at Key Decision Point – Two Scenarios in Play

Bitcoin is approaching a major trendline resistance after a strong rally.
At this stage, I see two possible scenarios:

1️⃣ Scenario 1 (More Likely):
Price could reject from this resistance zone, triggering a pullback toward the lower blue trendline support. This move would sweep liquidity, reset the market, and set up the next bullish leg.

2️⃣ Scenario 2:
If bulls manage to break above the resistance without a deeper pullback, we could see a continuation toward new all-time highs around 114k.
However, given the extended rally and weakening momentum, a correction first seems more natural.

⚡ I'm watching for reaction around the resistance and the orange zones for confirmation.
Patience is key — no need to chase!