📉 BTC/USD 30-Min Chart Breakdown
Bitcoin just confirmed a Market Structure Break (MSB) followed by the formation of a Buy-side Order Block (Bu-OB) — but price action has sharply rejected off resistance near $108.7k.
🔍 Key Observations:
✅ MSB confirmed above $109.6k, signaling a shift in structure.
🟥 Price tested and rejected from the $108.7k–$110k zone (supply).
🟩 Buy Order Block (Bu-OB) sits around $107.5k–$106.1k, potential demand area.
📉 Bearish pressure resumed after multiple failed attempts to reclaim higher highs.
📊 What's Next?
If the Bu-OB holds, we could see a bounce targeting back toward $108.7k. A clean break below $107.5k, though, opens room toward $106.1k and beyond.
