Bitcoin / South Korean won may fall to 87236200 - 87899500

Our pivot point stands at 90580000.

Our preference

The downside prevails as long as 90580000 is resistance.

Alternative scenario

Above 90580000, look for 91700400 and 92367200.

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 89732970 and 90123403).

Supports and resistances

92367200 **

91700400 *

90580000 **

90139800

89374676 last

87899500

87236200 **

86572800 *

85909500 **

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