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.
11:02 UTC
Downtrend, basing after capitulation low · RSI 57 · price 63,723.82
Range above 61k floor, capped near 64.4k.
BTC clawed off the 19-month low near 59,100 to ~64k on Iran-deal risk-on, and price is now ranging 61,000–64,375 with a higher low printed at 60,775. EMA20 has crossed back above EMA50 as the bounce holds, but repeated rejections at the 64,000–64,375 cap keep the recovery unconfirmed. ATR has eased off the flush-week extremes, with consolidation tightening below resistance.
What it said to watch
- H4 close above 64,375 opens the path toward the 66,800 zone
- Loss of the 61,000–61,800 shelf reopens the 59,137 low
- FOMC projections Jun 17 18:00 UTC could materially shift this read
11:02 UTC
Downtrend stabilising, recovery underway · RSI 56 · price 63,723.82
Ranging 61k-64.4k after 59.1k low.
Price carved a 19-month low at 59,100 before clawing back toward 64K, helped by softer US Core CPI/PPI prints and Iran-deal risk-on. Structure has shifted from clean downtrend to a multi-day range between the 61,800 shelf and the 64,375 cap, with higher lows building off the low. ATR remains elevated but recent bars are compressing into the range top.
What it said to watch
- H4 close above 64,375 opens the path to the 66,800 zone
- Loss of the 61,800 200w-ma shelf re-exposes the 59,100 cycle low
- FOMC projections Jun 17 18:00 UTC could materially shift this read