Bitcoin / Yen may rise to 9229900 - 9298100

Our pivot point stands at 8973300.

Our preference

Rebound towards 9298100.

Alternative scenario

Below 8973300, expect 8858900 and 8790900.

Comment

The RSI is below its neutrality area at 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price stands above its 20 period moving average (9060742) but below its 50 period moving average (9136264).

Supports and resistances

9434700 **

9366400 *

9298100 **

9229900

9077020 last

9018200

8973300 **

8858900 *

8790900 **

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