Bitcoin / South Korean won may rise to 98487500 - 99396400

Our pivot point is at 95156300.

Our preference

The upside prevails as long as 95156300 is support.

Alternative scenario

Below 95156300, expect 93634400 and 92728500.

Comment

The RSI is above its neutrality area at 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 95888831 and 96015534).

Supports and resistances

101214200 **

100305300 *

99396400 **

98487500

96437051 last

95754200

95156300 **

93634400 *

92728500 **

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