On the H4 timeframe for BTCUSD, the price has been consolidating after a prolonged downtrend, with recent closes forming a clear support level at around 59,267.75. The entry candle (1782403200) closed near this support, accompanied by a notable volume spike of 155,292, indicating strong buying interest. This suggests a potential bullish reversal as the price found traction at the lower end of the consolidation range. The prior candles show a series of lower highs and lower lows, but the recent rejection below 59,267.75 and subsequent bounce signal a shift in momentum. With the current setup, the support level acts as…

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