Bitcoin / South Korean won may fall to 80042800 - 80641000

Our pivot point stands at 82670000.

Our preference

Eye 80042800.

Alternative scenario

The upside breakout of 82670000, would call for 83675500 and 84274000.

Comment

The RSI is below its neutrality area at 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price is below its 20 period moving average (82174594) but above its 50 period moving average (81752515).

Supports and resistances

84274000 **

83675500 *

82670000 **

82275000

81849001 last

80641000

80042800 **

79444600 *

78846500 **

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