Bitcoin / Yen may rise to 10524700 - 10611200

Our pivot point stands at 10213500.

Our preference

Rebound towards 10611200.

Alternative scenario

Below 10213500, expect 10068500 and 9982200.

Comment

The RSI is below 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price stands above its 20 period moving average (10294836) but below its 50 period moving average (10368329).

Supports and resistances

10784300 **

10697700 *

10611200 **

10524700

10332097 last

10270500

10213500 **

10068500 *

9982200 **

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