Bitcoin / South Korean won may fall to 64508900 - 70447400

91956800 is our pivot point.

Our preference

The downside prevails as long as 91956800 is resistance.

Alternative scenario

The upside breakout of 91956800, would call for 102131800 and 108188400.

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 87116905 and 86893390).

Supports and resistances

108188400 **

102131800 *

91956800 **

87959400

82570564 last

70447400

64508900 **

58570500 *

52632000 **

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