Bitcoin / South Korean won may rise to 100356100 - 101221700

Our pivot point stands at 97267000.

Our preference

As long as 97267000 is support look for 101221700.

Alternative scenario

Below 97267000, expect 95816000 and 94952300.

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 above its 20 and 50 period moving average (respectively at 98576163 and 98422180).

Supports and resistances

102952900 **

102087300 *

101221700 **

100356100

98593101 last

97837100

97267000 **

95816000 *

94952300 **

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