Bitcoin / South Korean won may fall to 89938000 - 90621900

Our pivot point stands at 93214200.

Our preference

The downside prevails as long as 93214200 is resistance.

Alternative scenario

Above 93214200, look for 94367100 and 95053400.

Comment

The RSI is below its neutrality area at 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 92627152 and 93502186).

Supports and resistances

95053400 **

94367100 *

93214200 **

92761200

92003372 last

90621900

89938000 **

89254100 *

88570200 **

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