The BTCUSD D1 chart reveals a potential bullish reversal after a prolonged downtrend. The recent low at 59237.55 (close to the entry level) was marked by a significant volume spike of 250,560, indicating strong buying pressure and possible support confirmation. Following this, the price rebounded with a bullish candle closing above key resistance levels, suggesting a shift in momentum. The prior consolidation phase showed decreasing volume, but the recent breakout coincides with increased trading activity, validating the strength of the move. The pair has been in a corrective phase since mid-April, with multiple lower highs and lower lows, but the…

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