Bitcoin / South Korean won may rise to 94270000 - 94925300

Our pivot point stands at 91905100.

Our preference

The upside prevails as long as 91905100 is support.

Alternative scenario

Below 91905100, expect 90806300 and 90152300.

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 92391572 and 92428584).

Supports and resistances

96236100 **

95580700 *

94925300 **

94270000

92803222 last

92336800

91905100 **

90806300 *

90152300 **

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