Bitcoin / Yen may rise to 9607200 - 9678300

Our pivot point stands at 9300200.

Our preference

Rebound towards 9678300.

Alternative scenario

Below 9300200, expect 9181700 and 9111200.

Comment

The RSI is below 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price stands above its 20 period moving average (9415621) but below its 50 period moving average (9675917).

Supports and resistances

9820400 **

9749300 *

9678300 **

9607200

9421009 last

9346700

9300200 **

9181700 *

9111200 **

Number of asterisks represents the strength of support and resistance levels.