Here’s a concise technical analysis for $BTC
/JPY:
📊 BTC/JPY Overview
Current Price: ¥17,291,208 (~$117,812)
24h Change: +0.33%
24h High / Low: ¥17,375,624 / ¥17,220,929
24h Volume:
BTC: 24.15 BTC
JPY: ¥417.83M
---
📉 Market Depth & Technicals
Metric Value Comment
Resistance ¥17,469,692 / ¥17,532,450 Near-term resistance zone
Support ¥16,980,187 / ¥16,704,055 / ¥16,427,924 Multi-level demand zone
MA(5) 0.217299 BTC Recent short-term average volume
MA(10) 0.529669 BTC Declining volume — caution on momentum
📈 Technical Summary
Trend: Currently neutral-to-bullish; price is near the top of today’s range.
Momentum: Weakening slightly — small gain + lower volume.
Price Position: Holding above short-term support (~¥17.2M), but facing resistance at ¥17.5M.
Next Breakout Level: ¥17,532,450 — A clear break above could aim for ¥17.8M–¥18M.
Risk Level: Watch for breakdown below ¥16.98M — that may trigger sell pressure.
🔍 Strategy Ideas
Strategy Entry Point Target Range Stop Loss
Bullish ¥17,200,000 – ¥17,300,000 ¥17,800,000 – ¥18,000,000 ¥16,900,000
Bearish Below ¥16,700,000 ¥16,100,000 – ¥15,800,000 ¥17,100,000
---
Would you like a chart-based prediction or comparison against USD pair (BTC/USD) for deeper insight?
#BTC #ArbitrageTradingStrategy #USCryptoWeek #BinanceHODLerLA #Write2Earn