Bitcoin / South Korean won may rise to 108194000 - 114266400

Our pivot point stands at 88031900.

Our preference

The upside prevails as long as 88031900 is support.

Alternative scenario

Below 88031900, expect 77830400 and 71758100.

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 92243827 and 92611282).

Supports and resistances

126411200 **

120338800 *

114266400 **

108194000

96047400 last

92039700

88031900 **

77830400 *

71758100 **

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