Bitcoin / South Korean won may rise to 95497800 - 96302600

Our pivot point is at 92733500.

Our preference

Rebound towards 96302600.

Alternative scenario

The downside breakout of 92733500 would call for 91382900 and 90578900.

Comment

The RSI is below its neutrality area at 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price stands below its 20 and 50 period moving average (respectively at 93807004 and 94010249).

Supports and resistances

97912100 **

97107300 *

96302600 **

95497800

93797469 last

93264100

92733500 **

91382900 *

90578900 **

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