Bitcoin / South Korean won may rise to 93922500 - 94605600

Our pivot point stands at 91485100.

Our preference

The upside prevails as long as 91485100 is support.

Alternative scenario

Below 91485100, expect 90339700 and 89657800.

Comment

The RSI is above 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 92087853 and 91820274).

Supports and resistances

95971700 **

95288700 *

94605600 **

93922500

92388202 last

91935100

91485100 **

90339700 *

89657800 **

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