BTC/USD: Bearish Breakdown from Order BlockBitcoin / U.S. dollarBITSTAMP:BTCUSDForex_Market_InsightsBTC/USD has rejected a major Order Block after tapping into the higher-timeframe supply zone, signaling that sellers remain firmly in control. The recent rally successfully filled the highlighted Fair Value Gap (FVG) before losing momentum, leading to a strong bearish reaction. This rejection suggests the bullish retracement has likely completed, with the dominant bearish trend now attempting to resume. Price has also broken below the ascending trendline that previously supported the recovery, confirming a shift in short-term market structure. The inability of buyers to maintain higher highs inside the order block further strengthens the probability of continued downside movement. As long as price remains below this supply area, every pullback into the FVG or Order Block may present fresh selling opportunities. The first downside objective is the Strong Support Zone around 61,500–61,000. A decisive break below this level would expose a larger liquidity pool and could accelerate selling pressure toward the Strong Fair Value Gap near 58,500–59,000, where institutional demand may begin to re-enter the market. For the bearish outlook to weaken, buyers would need to reclaim the Order Block and establish acceptance above the recent swing highs. Until that happens, market structure continues to favor sellers, with rallies likely serving as retracement opportunities rather than trend reversals. Key Levels: Resistance: 64,700–65,500 (Order Block + Supply Zone) Bearish Confirmation: Rejection from the Order Block and continuation below the broken trendline Target 1: 61,500–61,000 (Strong Support Zone) Target 2: 58,500–59,000 (Strong Fair Value Gap) Invalidation: Sustained close above the highlighted Order Block and supply zone.