Bitcoin / South Korean won may rise to 82042000 - 82643000

Our pivot point is at 79832800.

Our preference

The upside prevails as long as 79832800 is support.

Alternative scenario

The downside breakout of 79832800 would call for 78825800 and 78226300.

Comment

The RSI is above 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 79785848 and 80182977).

Supports and resistances

83845000 **

83244000 *

82643000 **

82042000

80768461 last

80228400

79832800 **

78825800 *

78226300 **

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