Bitcoin / South Korean won may rise to 98239100 - 99119500

Our pivot point stands at 95093900.

Our preference

As long as 95093900 is support look for 99119500.

Alternative scenario

Below 95093900, expect 93618300 and 92739900.

Comment

The RSI is above its neutrality area at 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 96031702 and 95395634).

Supports and resistances

100880300 **

99999900 *

99119500 **

98239100

96263316 last

95673600

95093900 **

93618300 *

92739900 **

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