Bitcoin / South Korean won may rise to 100054600 - 100917700

Our pivot point stands at 96975800.

Our preference

As long as 96975800 is support look for 100917700.

Alternative scenario

Below 96975800, expect 95529100 and 94668000.

Comment

The RSI is above 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is above its 20 and 50 period moving average (respectively at 97940242 and 96970556).

Supports and resistances

102643700 **

101780700 *

100917700 **

100054600

98215867 last

97544200

96975800 **

95529100 *

94668000 **

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