Bitcoin / Yen may rise to 9180200 - 9259100

Our pivot point is at 8918100.

Our preference

Rebound towards 9259100.

Alternative scenario

Below 8918100, expect 8785500 and 8706600.

Comment

The RSI is below 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price is trading above its 20 period moving average (9002911) but under its 50 period moving average (9112343).

Supports and resistances

9417000 **

9338000 *

9259100 **

9180200

9022293 last

8970200

8918100 **

8785500 *

8706600 **

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