Bitcoin / South Korean won may rise to 96850100 - 97718100

93819800 is our pivot point.

Our preference

As long as 93819800 is support look for 97718100.

Alternative scenario

Below 93819800, expect 92364000 and 91497400.

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 trading under its 20 period moving average (95197644) but above its 50 period moving average (94521305).

Supports and resistances

99454000 **

98586000 *

97718100 **

96850100

95024701 last

94391800

93819800 **

92364000 *

91497400 **

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