Bitcoin / South Korean won may rise to 98205600 - 98925000

Our pivot point stands at 95516600.

Our preference

The upside prevails as long as 95516600 is support.

Alternative scenario

Below 95516600, expect 94311800 and 93594600.

Comment

The RSI is above its neutrality area at 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 95965321 and 95400083).

Supports and resistances

100363900 **

99644400 *

98925000 **

98205600

96631568 last

95990000

95516600 **

94311800 *

93594600 **

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