Bitcoin / South Korean won may fall to 91753900 - 92451700

Our pivot point is at 95402700.

Our preference

Under pressure below 95402700.

Alternative scenario

The upside breakout of 95402700, would call for 96582800 and 97285100.

Comment

The RSI is below 50. The MACD is below its signal line and positive. The MACD must penetrate its zero line to expect further downside. Moreover, the price stands below its 20 and 50 period moving average (respectively at 94381264 and 94065403).

Supports and resistances

97285100 **

96582800 *

95402700 **

94939200

93905270 last

92451700

91753900 **

91056200 *

90358500 **

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