Bitcoin / Yen may rise to 9185900 - 9262700

8871900 is our pivot point.

Our preference

As long as 8871900 is support look for 9262700.

Alternative scenario

Below 8871900, expect 8743600 and 8667300.

Comment

The RSI is above its neutrality area at 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is above its 20 and 50 period moving average (respectively at 8868287 and 8538739).

Supports and resistances

9416400 **

9339600 *

9262700 **

9185900

9021411 last

8922200

8871900 **

8743600 *

8667300 **

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