On BTCUSD H1, the recent price action reveals a consolidation phase following a downtrend. The last three candles show a gradual decline, with the close at 60785.5 forming a key support level near the recent low of 59807.1. The price has been testing this area, and the latest candle's high of 61146.2 suggests a potential bullish reversal. Volume has been moderate, indicating cautious participation, but the recent close near the lower end of the consolidation range hints at accumulating buyers. The current setup displays a bullish bias as the price approaches the support level, with the recent low acting as…

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