BTCJPY +16.73% in 24 Hours Amid Strong Bullish Momentum

On SEP 12 2025, BTCJPY rose by 16.73% within 24 hours to reach ¥17063375, BTCJPY rose by 330.95% within 7 days, rose by 685.85% within 1 month, and rose by 1581.87% within 1 year.

The BTCJPY pair has experienced a notable surge in the past 24 hours, driven by a combination of sustained buying pressure and favorable technical indicators. Analysts attribute the movement to increased institutional interest in Bitcoin’s exposure to the Japanese Yen, amid macroeconomic conditions that favor long positions. The rise has been supported by a breakout above a key resistance level that had previously capped the pair's upward movement for several weeks.

Technical indicators confirm the strength of the current bullish trend. The 50-period moving average is rising and currently sits below the price, indicating momentum is on the buyer’s side. The Relative Strength Index (RSI) has moved into overbought territory, suggesting the pair may experience a short-term consolidation phase. However, given the sustained volume and the strength of the recent breakout, many market participants are viewing the overbought condition as a sign of conviction rather than exhaustion.

The daily candlestick pattern shows a strong green body with minimal wicks, reinforcing the dominance of buyers during the session. The pair is now trading near the upper boundary of its ascending channel, which analysts are monitoring for signs of continuation or rejection. The 200-period moving average remains significantly below the current price, indicating the broader trend remains intact and bullish.

The ongoing rally has drawn attention from both retail and institutional investors, particularly those utilizing algorithmic trading systems to capitalize on the volatility. The extended timeframes also show BTCJPY entering a phase of rapid re-rating. The one-month and one-year gains, which stand at 685.85% and 1581.87% respectively, suggest the pair is experiencing a structural shift in its value perception.

Backtest Hypothesis

A backtesting strategy has been developed to evaluate the potential profitability of a systematic approach to the BTCJPY trade. The strategy is based on a combination of moving average crossovers and RSI thresholds, designed to capture both trend continuation and overbought pullback opportunities. Specifically, the setup triggers a long position when the price crosses above the 50-period moving average and the RSI rises above 50. A stop loss is placed below the 20-period moving average, and a take-profit target is set at 1.5 times the entry risk. The strategy is designed to be tested over the past 90 days, during which the pair has exhibited strong and consistent directional bias. This aligns with the technical signals observed in recent trading sessions and could provide empirical validation for traders looking to leverage the ongoing momentum.