Bitcoin / South Korean won may rise to 81748700 - 82298400

Our pivot point stands at 79635200.

Our preference

Rebound towards 82298400.

Alternative scenario

Below 79635200, expect 78715000 and 78167200.

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 is trading above its 20 period moving average (80396679) but under its 50 period moving average (80966548).

Supports and resistances

83398000 **

82848200 *

82298400 **

81748700

80529960 last

79996800

79635200 **

78715000 *

78167200 **

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