Bitcoin / South Korean won may fall to 95349100 - 96208600

Our pivot point stands at 99105400.

Our preference

The downside prevails as long as 99105400 is resistance.

Alternative scenario

The upside breakout of 99105400, would call for 100550000 and 101409900.

Comment

The RSI is below its neutrality area at 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 98012049 and 98197221).

Supports and resistances

101409900 **

100550000 *

99105400 **

98537900

97947987 last

96208600

95349100 **

94489600 *

93630100 **

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