Bitcoin / South Korean won may rise to 93306100 - 94040500

Our pivot point stands at 90835900.

Our preference

Rebound towards 94040500.

Alternative scenario

Below 90835900, expect 89602700 and 88868600.

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 above its 20 period moving average (91765833) but below its 50 period moving average (92412633).

Supports and resistances

95509100 **

94774800 *

94040500 **

93306100

91809733 last

91320400

90835900 **

89602700 *

88868600 **

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