Bitcoin / Yen may fall to 10003300 - 10089100

Our pivot point is at 10406800.

Our preference

The downside prevails as long as 10406800 is resistance.

Alternative scenario

The upside breakout of 10406800, would call for 10551300 and 10637300.

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 10319734 and 10345174).

Supports and resistances

10637300 **

10551300 *

10406800 **

10350000

10262692 last

10089100

10003300 **

9917500 *

9831800 **

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