Bitcoin / South Korean won may rise to 96352900 - 97216300

Our pivot point stands at 93379100.

Our preference

Rebound towards 97216300.

Alternative scenario

Below 93379100, expect 91930100 and 91067600.

Comment

The RSI is below its neutrality area at 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 94578514 and 94812990).

Supports and resistances

98943300 **

98079800 *

97216300 **

96352900

94566013 last

93948400

93379100 **

91930100 *

91067600 **

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