Bitcoin / Yen may rise to 9303000 - 9383000

Our pivot point is at 8949800.

Our preference

Rebound towards 9383000.

Alternative scenario

Below 8949800, expect 8816700 and 8737500.

Comment

The RSI is below 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 9100434 and 9195196).

Supports and resistances

9543000 **

9463000 *

9383000 **

9303000

9066440 last

9002100

8949800 **

8816700 *

8737500 **

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