Bitcoin / South Korean won may fall to 91723400 - 92420900

Our pivot point stands at 95110100.

Our preference

Under pressure below 95110100.

Alternative scenario

Above 95110100, look for 96286500 and 96986700.

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 94384471 and 94090895).

Supports and resistances

96986700 **

96286500 *

95110100 **

94647900

93932267 last

92420900

91723400 **

91025900 *

90328400 **

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