Bitcoin / Yen may rise to 10397800 - 10485700

Our pivot point stands at 10103000.

Our preference

The upside prevails as long as 10103000 is support.

Alternative scenario

Below 10103000, expect 9955300 and 9867400.

Comment

The RSI is above 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 10177090 and 10201737).

Supports and resistances

10661500 **

10573600 *

10485700 **

10397800

10221190 last

10161000

10103000 **

9955300 *

9867400 **

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