Bitcoin / South Korean won may rise to 82364200 - 82967600

Our pivot point stands at 80147700.

Our preference

The upside prevails as long as 80147700 is support.

Alternative scenario

Below 80147700, expect 79136700 and 78534900.

Comment

The RSI is above 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 80600323 and 79062075).

Supports and resistances

84174300 **

83571000 *

82967600 **

82364200

81127542 last

80544800

80147700 **

79136700 *

78534900 **

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