Bitcoin / South Korean won may rise to 92897300 - 93572900

Our pivot point is at 90445800.

Our preference

As long as 90445800 is support look for 93572900.

Alternative scenario

Below 90445800, expect 89313400 and 88639300.

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 (91613061) but above its 50 period moving average (90806483).

Supports and resistances

94924200 **

94248500 *

93572900 **

92897300

91513069 last

90890700

90445800 **

89313400 *

88639300 **

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