Bitcoin / South Korean won may rise to 91215700 - 91884000

Our pivot point is at 88878700.

Our preference

Rebound towards 91884000.

Alternative scenario

Below 88878700, expect 87757600 and 87090300.

Comment

The RSI is below 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price stands below its 20 and 50 period moving average (respectively at 90056184 and 90426874).

Supports and resistances

93220400 **

92552200 *

91884000 **

91215700

89833365 last

89319100

88878700 **

87757600 *

87090300 **

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