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 fading · RSI 46 · price 63,531.03
Lower highs, lower lows since late-April peak.
BTC has been in a defined D1 downtrend since the late-April peak near 82.7K, with a hawkish FOMC and a strong US data run draining risk appetite. The decline carved a cycle low at 59.1K before a bounce to 67.2K, but that recovery has stalled and price is fading back toward 63.5K, holding under both moving averages. Lower highs remain intact and momentum sits mid-range.
Support: 60,708.00, 59,138.00
Resistance: 67,183.00
What it said to watch
- Daily close below 60708 reopens the path to the 59138 cycle low
- Reclaim of the 67183 bounce high needed to break the lower-high chain
- S&P Global PMIs Jun 23 and Core PCE Jun 25 could materially shift this read
21:06 UTC
Downtrend, relief bounce fading · RSI 45 · price 63,531.03
Lower highs since late-April peak, holding 63K.
BTC remains in a downtrend off the late-April peak near 82.7K, with a sharp sell-off carving an early-June low at 59.1K. The relief bounce to 67.2K has faded back into the 63-64K zone as a hawkish Fed (dots revised up) and hot US data drain risk appetite. Price sits below a falling EMA(50), with the last four sessions printing successive lower closes back toward 63K.
Resistance: 67,183.01
What it said to watch
- Daily close below 59137 confirms continuation of the downtrend to a new low
- Hold vs break of the 63K psych zone defines the near-term floor
- Close above the 67183 bounce high would invalidate the lower-high sequence
- S&P Global PMIs (Jun 23) and Core PCE (Jun 25) could extend or unwind the hawkish-Fed pressure