Bitcoin / Yen may rise to 10473600 - 10559700

Our pivot point stands at 10183400.

Our preference

Rebound towards 10559700.

Alternative scenario

Below 10183400, expect 10038800 and 9952700.

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 10311396 and 10390400).

Supports and resistances

10731900 **

10645800 *

10559700 **

10473600

10301388 last

10240200

10183400 **

10038800 *

9952700 **

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