Bitcoin / South Korean won may rise to 94204700 - 94859700

Our pivot point stands at 91990700.

Our preference

The upside prevails as long as 91990700 is support.

Alternative scenario

Below 91990700, expect 90890900 and 90236300.

Comment

The RSI is above 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 92574382 and 92779917).

Supports and resistances

96169500 **

95514600 *

94859700 **

94204700

92887483 last

92422800

91990700 **

90890900 *

90236300 **

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