Bitcoin / Yen may fall to 9565700 - 9649200

Our pivot point is at 9984400.

Our preference

The downside prevails as long as 9984400 is resistance.

Alternative scenario

Above 9984400, look for 10125600 and 10209500.

Comment

The RSI is below 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 10013880 and 10192257).

Supports and resistances

10209500 **

10125600 *

9984400 **

9929000

9824821 last

9649200

9565700 **

9482200 *

9398700 **

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