Bitcoin / South Korean won may rise to 99985400 - 100847800

Our pivot point stands at 96945800.

Our preference

The upside prevails as long as 96945800 is support.

Alternative scenario

Below 96945800, expect 95499600 and 94638700.

Comment

The RSI is above its neutrality area at 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 97970004 and 97957227).

Supports and resistances

102572600 **

101710200 *

100847800 **

99985400

98124236 last

97514000

96945800 **

95499600 *

94638700 **

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