Bitcoin / Yen may rise to 10205000 - 10290400

Our pivot point stands at 9762000.

Our preference

Rebound towards 10290400.

Alternative scenario

The downside breakout of 9762000 would call for 9620900 and 9536900.

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 below its 20 and 50 period moving average (respectively at 9937389 and 10143752).

Supports and resistances

10461100 **

10375800 *

10290400 **

10205000

9934421 last

9817400

9762000 **

9620900 *

9536900 **

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