Bitcoin / South Korean won may rise to 80718800 - 81261700

Our pivot point is at 77857600.

Our preference

Rebound towards 81261700.

Alternative scenario

The downside breakout of 77857600 would call for 76957900 and 76422300.

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 80349852 and 82438635).

Supports and resistances

82347400 **

81804500 *

81261700 **

80718800

79620779 last

78211100

77857600 **

76957900 *

76422300 **

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