Bitcoin / Yen may rise to 9302000 - 9414200

Our pivot point is at 8853400.

Our preference

The upside prevails as long as 8853400 is support.

Alternative scenario

Below 8853400, expect 8666400 and 8555100.

Comment

The RSI is above its neutrality area at 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 8960627 and 8844104).

Supports and resistances

9638700 **

9526500 *

9414200 **

9302000

9015168 last

8926800

8853400 **

8666400 *

8555100 **

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