Bitcoin / South Korean won may rise to 92131500 - 92806500

89889900 is our pivot point.

Our preference

Rebound.

Alternative scenario

Below 89889900, expect 88756100 and 88081100.

Comment

The RSI is above 50. The MACD is negative and above its signal line. The MACD must break above its zero level to trigger further gains. Moreover, the price stands above its 20 period moving average (90407507) but below its 50 period moving average (91083887).

Supports and resistances

94156300 **

93481400 *

92806500 **

92131500

90781061 last

90335400

89889900 **

88756100 *

88081100 **

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