Bitcoin / Yen may fall to 9027800 - 9104000

9450100 is our pivot point.

Our preference

Under pressure below 9450100.

Alternative scenario

Above 9450100, look for 9579500 and 9656500.

Comment

The RSI is below its neutrality area at 50. The MACD is positive and below its signal line. The MACD must penetrate its zero line to expect further downside. Moreover, the price stands below its 20 and 50 period moving average (respectively at 9371057 and 9373934).

Supports and resistances

9656500 **

9579500 *

9450100 **

9399300

9348490 last

9104000

9027800 **

8951500 *

8875300 **

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