Bitcoin / South Korean won may rise to 94851200 - 95546100

Our pivot point is at 92086900.

Our preference

Rebound towards 95546100.

Alternative scenario

The downside breakout of 92086900 would call for 90925300 and 90233900.

Comment

The RSI is below 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price stands below its 20 and 50 period moving average (respectively at 93518088 and 94765025).

Supports and resistances

96935800 **

96240900 *

95546100 **

94851200

93214886 last

92543200

92086900 **

90925300 *

90233900 **

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