Bitcoin / South Korean won may fall to 92611200 - 93507200

96735600 is our pivot point.

Our preference

The downside prevails as long as 96735600 is resistance.

Alternative scenario

Above 96735600, look for 98244800 and 99143200.

Comment

The RSI is below its neutrality area at 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 95930093 and 96014889). Finally, the Bitcoin / South Korean won is trading below its lower Bollinger band (standing at 95357220).

Supports and resistances

99143200 **

98244800 *

96735600 **

96142600

95343444 last

93507200

92611200 **

91715200 *

90819200 **

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