Bitcoin / South Korean won may fall to 91690800 - 92551100

Our pivot point stands at 95985100.

Our preference

The downside prevails as long as 95985100 is resistance.

Alternative scenario

Above 95985100, look for 97439100 and 98304600.

Comment

The RSI is below its neutrality area at 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 95184132 and 95616565).

Supports and resistances

98304600 **

97439100 *

95985100 **

95413900

94457016 last

92551100

91690800 **

90830600 *

89970300 **

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