Bitcoin / South Korean won may rise to 87080000 - 87717900

Our pivot point is at 84175100.

Our preference

Rebound towards 87717900.

Alternative scenario

Below 84175100, expect 83113300 and 82481300.

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 85851676 and 87355510).

Supports and resistances

88993800 **

88355900 *

87717900 **

87080000

85019506 last

84592200

84175100 **

83113300 *

82481300 **

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