BTCUSD: Bearish Rejection From HTF Order BlockBitcoin / U.S. dollarBITSTAMP:BTCUSDForex_Market_InsightsBTCUSD is showing a potential bearish reversal setup after rejecting the higher-timeframe Bullish Order Block around 65,050–65,600. Price pushed into this major supply/resistance area but failed to sustain the bullish expansion, followed by a sharp rejection toward the 64,300 area. The HTF descending trendline is also acting as an important structural resistance. The recent rejection from the order block strengthens the possibility of a deeper corrective move if BTC fails to reclaim the 65,000+ region. The key near-term zone is the marked Breakaway Gap around 63,750–64,000. If price retraces into this area and fails to reclaim it, bearish continuation could develop toward the first Sell-Side Liquidity near 63,200. 🎯 The larger downside objective is the 63,200 liquidity pool, followed by the major 62,650–62,700 sell-side liquidity marked on the chart. ⚠️ However, if BTC reclaims and holds above 65,050, the bearish setup would weaken significantly, with the upper portion of the order block becoming the next area of interest. Overall Bias: 🔴 Bearish below 65,050, with the 63,750–64,000 Breakaway Gap acting as the key reaction/confirmation zone and 62,650–63,200 as the main downside liquidity targets.