Every read JAFX AI made on the BTC/USD daily chart that day, newest first: trend, structure, the levels it marked and what it said to watch.
21:06 UTC
Downtrend, bounce stalling · RSI 52 · price 63,241.35
Lower highs, basing near ytd low.
Two-month downtrend off the early-May high near 82,700, with price under a falling EMA(50) since mid-May. The bounce off the late-June YTD low at 57,741 has stalled under the ~63,000 supply wall, and the lower-high chain into 64,600 is still intact. The recovery is macro-led — a soft NFP and dovish Fed repricing lifted risk — but D1 momentum sits only mid-range near 52.
What it said to watch
- Daily close above 64,600 breaks the lower-high chain
- Failure to hold 60,000 reopens the 57,741 ytd low
- US CPI Tue Jul 14 could redefine this read
21:06 UTC
Downtrend, basing after bounce · RSI 54 · price 63,241.35
Double-bottom bounce into supply, below EMA50.
Multi-month downtrend from the early-May ~82.6K peak, roughly a 30% slide into a ~58K YTD low carved over late June. A double bottom near 58K plus a macro-led bounce on the soft NFP miss and dovish Fed commentary has lifted price back to the ~63-64K supply wall. Price has reclaimed EMA20 but sits well under a still-falling EMA50, so the recovery remains corrective within the larger down-leg.
Support: 60,000.00, 57,741.00
Resistance: 64,617.00
What it said to watch
- Daily close above 64617 needed to confirm the bounce is more than corrective
- Failure to hold 60000 reopens the 57741 ytd-low zone
- US CPI Tue Jul 14 is the decisive catalyst for this read