BTCJPY Surges 59.21% Over 24 Hours Fueled by Robust Upward Trend

On September 11, 2025, BTCJPY experienced a sharp increase of 59.21% in just 24 hours, reaching ¥16,913,520. Looking at the previous week, the pair soared by 399.41%, and over the last month, its gains accelerated to 598.14%. From the start of the year, BTCJPY has skyrocketed by 1486.8%, reflecting ongoing strong appetite in the cross-asset market.

Technical analysis reveals persistent bullish signals across various timeframes. The Relative Strength Index (RSI) is now above 70, indicating overbought territory, while the Moving Average Convergence Divergence (MACD) remains firmly positive with a pronounced upward histogram. Both the 50-period and 200-period exponential moving averages (EMAs) are trending higher, further supporting the upward momentum.

Recent price movements have established a breakout above critical resistance levels that were set last month, with only minor pullbacks after each rally. This behavior points to strong involvement from both institutional and retail traders, with no immediate evidence of a bearish reversal. Experts believe that the bullish momentum is likely to persist as long as the 50 EMA stays above the 200 EMA and the RSI remains above 50 without a significant drop.

The volume profile has also validated the latest rallies, with notable surges in buying interest at higher price points. Market participants are closely monitoring the emergence of a potential multi-week consolidation phase, which could be key for the longevity of the current uptrend. Up to now, momentum oscillators have not shown significant bearish divergences, which keeps market sentiment positive.

Indicators such as RSI, MACD, and EMA are integral to the suggested backtesting model. These instruments are intended to identify and confirm the persistence of bullish trends by analyzing historical price data.

Backtest Hypothesis

The outlined backtesting method aims to detect and capitalize on bullish trends by aligning signals from the RSI, MACD, and EMA. The approach assumes that when the RSI is above 50, the MACD histogram is positive and expanding, and the 50 EMA crosses above the 200 EMA, the market is entering a strong uptrend. Entries would occur at the close of a candle that confirms the trend, with stop-loss orders set just below the latest swing low.

For exits, the strategy uses either a trailing stop or a target based on a predefined 1:2 risk-reward ratio. The effectiveness of this system will be evaluated across different timeframes, focusing on sustaining a high success rate and steady returns even in volatile market conditions.