Bitcoin / South Korean won may rise to 95973200 - 96833300

92705400 is our pivot point.

Our preference

Rebound towards 96833300.

Alternative scenario

Below 92705400, expect 91266800 and 90410600.

Comment

The RSI is below its neutrality area at 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price stands above its 20 period moving average (93978644) but below its 50 period moving average (94311328).

Supports and resistances

98553400 **

97693300 *

96833300 **

95973200

94077962 last

93270500

92705400 **

91266800 *

90410600 **

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