Bitcoin / South Korean won may rise to 91749800 - 92421900

Our pivot point is at 89240300.

Our preference

Rebound towards 92421900.

Alternative scenario

The downside breakout of 89240300 would call for 88114600 and 87444600.

Comment

The RSI is below 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price is trading above its 20 period moving average (90251643) but under its 50 period moving average (90304916).

Supports and resistances

93766200 **

93094000 *

92421900 **

91749800

90292490 last

89682500

89240300 **

88114600 *

87444600 **

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