Bitcoin / Yen may fall to 9581500 - 9665100

10006000 is our pivot point.

Our preference

Target 9581500.

Alternative scenario

Above 10006000, look for 10147400 and 10231600.

Comment

The RSI is below its neutrality area at 50. The MACD is below its signal line and positive. The MACD must penetrate its zero line to expect further downside. Moreover, the price is below its 20 period moving average (9880925) but above its 50 period moving average (9791596).

Supports and resistances

10231600 **

10147400 *

10006000 **

9950500

9852551 last

9665100

9581500 **

9497800 *

9414200 **

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