Bitcoin / South Korean won may rise to 93975500 - 94663900

Our pivot point is at 91304400.

Our preference

Rebound towards 94663900.

Alternative scenario

Below 91304400, expect 90152700 and 89467200.

Comment

The RSI is below 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 92569908 and 93656374).

Supports and resistances

96040800 **

95352300 *

94663900 **

93975500

92500364 last

91756900

91304400 **

90152700 *

89467200 **

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