Bitcoin / Yen may fall to 10058600 - 10146400

Our pivot point is at 10465900.

Our preference

The downside prevails as long as 10465900 is resistance.

Alternative scenario

The upside breakout of 10465900, would call for 10613800 and 10701800.

Comment

The RSI is below 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 10429887 and 10482946).

Supports and resistances

10701800 **

10613800 *

10465900 **

10407800

10324783 last

10146400

10058600 **

9970800 *

9883000 **

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