BTC/USD AI Live Scan, 4-hour chart, Friday, 3 July 2026
Every read JAFX AI made on the BTC/USD 4-hour chart that day, newest first: trend, structure, the levels it marked and what it said to watch.
17:05 UTC
Downtrend, recovering off lows · RSI 58 · price 61,920.81
Higher lows since $58K base, capped under $63K.
Price carved a base around the $57.7-58K YTD-low band and has recovered ~7% to reclaim $60K, riding the dovish repricing after the sharp NFP miss (57K vs 110K) and Warsh's soft-inflation remarks. Higher lows have printed since the bottom, but the advance is running into the $62.5-63K supply wall that has capped every attempt this window. ATR remains elevated, keeping the swings wide as the tape works higher.
Double-bottom base near 57.7K, recovering into supply.
The H4 sold off from the mid-60Ks to a 57.7K low, where a matching low printed to form a double-bottom base. A two-day recovery has lifted price back above the 20- and 50-EMA into the low 62Ks, running toward the $63K supply wall flagged after the NFP miss and dovish Warsh comments drove the bounce. ATR(14) stays elevated, so this remains a wide, fast tape.
Support: 60,000.00, 58,900.00, 57,741.00
Resistance: 63,000.00, 64,200.00
What it said to watch
H4 close above 63000 supply wall would open the path back toward the 64200 prior high
Loss of the 60000 round number, then 58900 swing low, reopens the 57741 ytd low
ISM Services PMI Mon Jul 6 14:00 UTC could materially shift this read
Base building above 58K, higher lows since the low.
H4 remains a multi-week downtrend off the 67K high, but the sequence of lower lows stalled around the 58K YTD low, where price carved a rounded base and printed a bullish RSI divergence before rebounding ~6% — a macro relief move tied to the weak NFP (57K vs 110K) and Warsh's dovish tone. Price has now reclaimed 62K and sits above the EMA20 and EMA50, with the 63K supply wall the immediate ceiling. Rising lows since the 57741 print keep the corrective recovery intact for now.
Support: 60,000.00, 58,200.00, 57,741.00
Resistance: 63,000.00, 64,250.00
What it said to watch
H4 close above 63000 supply wall opens the path back toward the 64250 prior high
Loss of 60000 round number would question the recovery and re-expose the 58200 ytd low
ISM Services + Waller (Jul 6) and FOMC Minutes (Jul 8) could materially shift this read
Multi-day downtrend from the 67k high carved a series of lower highs into a 58k base, matching the YTD-low zone flagged as macro floor. Price has rebounded roughly 6% off that base after the soft NFP (57K vs 110K) and dovish Warsh commentary reclaimed 60k, and is now pressing the 63k supply wall. ATR(14) expanded through the selloff and price sits back above both the 20- and 50-period EMAs.
Support: 61,200.00, 60,000.00, 58,000.00
Resistance: 63,000.00, 64,250.00
What it said to watch
H4 close above 63000 supply wall opens the path toward 64250
Failure to hold 61200 / 60000 reopens the 58000 ytd low
ISM Services + Waller (Mon) and FOMC Minutes (Wed) could materially shift this read
Persistent downtrend since the $67.2K peak — lower highs stacked across six-plus weeks into a $57.7K YTD low. A sharp relief bounce off that base has reclaimed $60K and the EMA20, helped by the soft NFP print and dovish Warsh tone, but price stalls around the mid-fib of the whole downswing and remains capped below the $63K supply wall. Record June ETF outflows keep the move relief-driven rather than a confirmed trend shift.
Support: 60,000.00, 58,060.00
Resistance: 63,000.00
What it said to watch
H4 close above 63000 supply wall would open the path toward 65K
Failure to hold 60000 psych reopens the 58060 ytd low
FOMC Minutes Jul 8 could materially shift this read
Multi-day downtrend carried BTC from the 67K high down to the 58K YTD-low zone, where three tests built a rounded base. A dovish Warsh signal and the soft 57K NFP miss fuelled a late-window bounce that reclaimed the 60K round number, lifting price into the 38.2% retrace of the 67K→58K downswing. Recovery is stalling near 62K, still capped below the 63K supply wall.
What it said to watch
H4 close above the 63K supply wall needed to break the lower-high sequence
Failure to hold the 60K round number reopens the 58K YTD-low zone
ISM Services PMI (Mon Jul 6, 14:00 UTC) could materially shift this read
Lower highs into 57.7k YTD low, bounce reclaiming 60k.
Downtrend across the window: price carved successive lower highs and lower lows into the ~57.7k YTD low before a macro-driven relief bounce — weak NFP (57K) and dovish Warsh — reclaimed the 60k handle. The double-bottom base near 58k has held twice and the recover has pushed price back above both EMAs. ATR(14) stays elevated, so the swing is still lively rather than compressing, with the 63k supply wall the key overhead cap.
Support: 60,000.00, 57,741.00
Resistance: 63,000.00
What it said to watch
H4 close above 63000 supply wall opens path toward the prior highs
Failure to hold 60000 reclaim reopens the 57741 ytd low
FOMC Minutes (Wed) and ISM Services (Mon) could reprice the dovish read
BTC carved a base near the 57.7K YTD low and has clawed back above 60K, with the recovery leg driven by the dovish Warsh comments and the soft 57K NFP print flushing USD longs. Price is now retesting the 62K-63K supply band that capped every attempt earlier in the window, coinciding with roughly the 48% retracement of the 65.5K-to-57.7K decline. The bounce sits above reclaimed EMA20/EMA50, but the broader structure remains a series of lower highs.
Support: 60,000.00, 58,300.00, 57,740.00
Resistance: 63,000.00
What it said to watch
H4 close above the 63000 supply wall would open the path back toward the prior range
Failure to hold 60000 reopens the 58300-57740 base
ISM Services PMI Mon and FOMC Minutes Wed could materially shift this read