Bitcoin / South Korean won may fall to 91235200 - 92091200

Our pivot point stands at 95396100.

Our preference

The downside prevails as long as 95396100 is resistance.

Alternative scenario

Above 95396100, look for 96841100 and 97701300.

Comment

The RSI is below 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 94606310 and 95121978).

Supports and resistances

97701300 **

96841100 *

95396100 **

94828400

94244180 last

92091200

91235200 **

90379200 *

89523300 **

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