Bitcoin / South Korean won may rise to 93282900 - 97554700

Our pivot point stands at 78304700.

Our preference

As long as 78304700 is support look for 97554700.

Alternative scenario

Below 78304700, expect 71200300 and 66971500.

Comment

The RSI is above its neutrality area at 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is above its 20 and 50 period moving average (respectively at 84394495 and 81726808).

Supports and resistances

106098300 **

101826500 *

97554700 **

93282900

84537505 last

81095800

78304700 **

71200300 *

66971500 **

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