Bitcoin / South Korean won may fall to 68192300 - 72264300

85899100 is our pivot point.

Our preference

The downside prevails as long as 85899100 is resistance.

Alternative scenario

Above 85899100, look for 92749400 and 96826900.

Comment

The RSI is below 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 85683568 and 91558256).

Supports and resistances

96826900 **

92749400 *

85899100 **

83208000

80439109 last

72264300

68192300 **

64120300 *

60048300 **

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