Bitcoin / Yen may rise to 9453700 - 9534900

Our pivot point is at 9154000.

Our preference

Rebound towards 9534900.

Alternative scenario

The downside breakout of 9154000 would call for 9017900 and 8936900.

Comment

The RSI is below its neutrality area at 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price stands below its 20 and 50 period moving average (respectively at 9286117 and 9341504).

Supports and resistances

9697500 **

9616200 *

9534900 **

9453700

9280398 last

9207500

9154000 **

9017900 *

8936900 **

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