Bitcoin / Yen may fall to 9723000 - 9806300

Our pivot point is at 10148600.

Our preference

The downside prevails as long as 10148600 is resistance.

Alternative scenario

Above 10148600, look for 10289600 and 10373500.

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 10149934 and 10237095).

Supports and resistances

10373500 **

10289600 *

10148600 **

10093300

10033961 last

9806300

9723000 **

9639600 *

9556200 **

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