Bitcoin / South Korean won may fall to 89950900 - 90634900

Our pivot point stands at 93426000.

Our preference

The downside prevails as long as 93426000 is resistance.

Alternative scenario

Above 93426000, look for 94581500 and 95269400.

Comment

The RSI is below 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 92966811 and 94466411).

Supports and resistances

95269400 **

94581500 *

93426000 **

92972000

92496972 last

90634900

89950900 **

89266900 *

88582900 **

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