Bitcoin / Yen may rise to 10352200 - 10438800

Our pivot point stands at 10013900.

Our preference

Rebound towards 10438800.

Alternative scenario

Below 10013900, expect 9869100 and 9783000.

Comment

The RSI is below 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price is trading above its 20 period moving average (10120349) but under its 50 period moving average (10187068).

Supports and resistances

10611900 **

10525300 *

10438800 **

10352200

10149938 last

10070700

10013900 **

9869100 *

9783000 **

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