The BTC/USD 30-minute chart shows a potential bullish retracement setup. After a sharp downward move and a change of character (CHoCH), price has reacted near a support level around \$109,305. A bullish reaction suggests a possible move toward the identified **order block** near \$110,770. The blue projection line anticipates a retracement toward that order block zone before any further directional decision. This move aligns with a classic smart money concept setup, where price may seek liquidity before continuing.
BTCUSD
BTCUSD 
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.