Bitcoin / Yen may fall to 10345300 - 10454300

10904900 is our pivot point.

Our preference

The downside prevails as long as 10904900 is resistance.

Alternative scenario

Above 10904900, look for 11089400 and 11199200.

Comment

The RSI is below its neutrality area at 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 10756220 and 10786580).

Supports and resistances

11199200 **

11089400 *

10904900 **

10832400

10689410 last

10454300

10345300 **

10236400 *

10127400 **

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