Bitcoin / South Korean won may rise to 100166500 - 101030500

Our pivot point stands at 97123200.

Our preference

As long as 97123200 is support look for 101030500.

Alternative scenario

Below 97123200, expect 95674300 and 94811800.

Comment

The RSI is above its neutrality area at 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is trading under its 20 period moving average (98407643) but above its 50 period moving average (97775040).

Supports and resistances

102758500 **

101894500 *

101030500 **

100166500

98382082 last

97692400

97123200 **

95674300 *

94811800 **

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