Bitcoin / Yen may rise to 10630000 - 10723700

10307200 is our pivot point.

Our preference

Rebound towards 10723700.

Alternative scenario

The downside breakout of 10307200 would call for 10150000 and 10056300.

Comment

The RSI is below its neutrality area at 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 10445061 and 10475796).

Supports and resistances

10911200 **

10817400 *

10723700 **

10630000

10435679 last

10369000

10307200 **

10150000 *

10056300 **

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