Bitcoin / South Korean won may fall to 91349700 - 92206700

Our pivot point stands at 95529600.

Our preference

The downside prevails as long as 95529600 is resistance.

Alternative scenario

Above 95529600, look for 96976700 and 97838100.

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 95601149 and 95763132).

Supports and resistances

97838100 **

96976700 *

95529600 **

94961100

94302417 last

92206700

91349700 **

90492600 *

89635600 **

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