Bitcoin / South Korean won may fall to 87077000 - 87739100

90473400 is our pivot point.

Our preference

The downside prevails as long as 90473400 is resistance.

Alternative scenario

Above 90473400, look for 91592400 and 92258500.

Comment

The RSI is below its neutrality area at 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 90156449 and 90485425).

Supports and resistances

92258500 **

91592400 *

90473400 **

90033700

89500288 last

87739100

87077000 **

86414800 *

85752700 **

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