Bitcoin / South Korean won may rise to 94116900 - 94771200

Our pivot point is at 91929000.

Our preference

The upside prevails as long as 91929000 is support.

Alternative scenario

Below 91929000, expect 90830000 and 90175800.

Comment

The RSI is above its neutrality area at 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 92190084 and 92402129).

Supports and resistances

96079800 **

95425500 *

94771200 **

94116900

92808242 last

92360800

91929000 **

90830000 *

90175800 **

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