Bitcoin / South Korean won may fall to 92770200 - 93667700

Our pivot point stands at 96876900.

Our preference

The downside prevails as long as 96876900 is resistance.

Alternative scenario

Above 96876900, look for 98388400 and 99288100.

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 is trading under both its 20 and 50 period moving average (respectively at 95876037 and 96014832).

Supports and resistances

99288100 **

98388400 *

96876900 **

96283200

95627431 last

93667700

92770200 **

91872600 *

90975100 **

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