Bitcoin / South Korean won may fall to 87834600 - 88502500

Our pivot point is at 91199400.

Our preference

The downside prevails as long as 91199400 is resistance.

Alternative scenario

Above 91199400, look for 92327400 and 92998900.

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 stands below its 20 and 50 period moving average (respectively at 91286857 and 92164804).

Supports and resistances

92998900 **

92327400 *

91199400 **

90756300

90309549 last

88502500

87834600 **

87166700 *

86498700 **

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