Bitcoin / South Korean won may rise to 93767200 - 94454100

Our pivot point stands at 91480500.

Our preference

Rebound towards 94454100.

Alternative scenario

Below 91480500, expect 90326500 and 89639700.

Comment

The RSI is below its neutrality area at 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 92710700 and 93983897).

Supports and resistances

95827900 **

95141000 *

94454100 **

93767200

92392665 last

91933800

91480500 **

90326500 *

89639700 **

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