Bitcoin / Yen may fall to 10456800 - 10559000

10944200 is our pivot point.

Our preference

Target 10456800.

Alternative scenario

Above 10944200, look for 11116600 and 11219300.

Comment

The RSI is below 50. The MACD is positive and below its signal line. The MACD must penetrate its zero line to expect further downside. Moreover, the price is below its 20 period moving average (10824498) but above its 50 period moving average (10768698).

Supports and resistances

11219300 **

11116600 *

10944200 **

10876400

10788003 last

10559000

10456800 **

10354600 *

10252300 **

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