Bitcoin / South Korean won may fall to 87977600 - 88646600

Our pivot point stands at 91134500.

Our preference

The downside prevails as long as 91134500 is resistance.

Alternative scenario

Above 91134500, look for 92261700 and 92932700.

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 91749052 and 92324077).

Supports and resistances

92932700 **

92261700 *

91134500 **

90691700

90237876 last

88646600

87977600 **

87308600 *

86639500 **

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