Bitcoin / South Korean won may rise to 91982200 - 92706100

Our pivot point stands at 89282000.

Our preference

Rebound towards 92706100.

Alternative scenario

Below 89282000, expect 88069800 and 87348300.

Comment

The RSI is below its neutrality area at 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price stands below its 20 and 50 period moving average (respectively at 90615906 and 91479855).

Supports and resistances

94154000 **

93430000 *

92706100 **

91982200

90471895 last

89758200

89282000 **

88069800 *

87348300 **

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