Bitcoin / South Korean won may rise to 94254200 - 94909500

Our pivot point is at 91996500.

Our preference

The upside prevails as long as 91996500 is support.

Alternative scenario

Below 91996500, expect 90896600 and 90241900.

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 92567227 and 92832921).

Supports and resistances

96220000 **

95564800 *

94909500 **

94254200

92926738 last

92428500

91996500 **

90896600 *

90241900 **

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