Bitcoin / South Korean won may rise to 86660000 - 87294900

Our pivot point stands at 83828900.

Our preference

As long as 83828900 is support look for 87294900.

Alternative scenario

Below 83828900, expect 82771500 and 82142100.

Comment

The RSI is above 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is below its 20 period moving average (85239059) but above its 50 period moving average (82978222).

Supports and resistances

88564500 **

87929700 *

87294900 **

86660000

85153252 last

84244300

83828900 **

82771500 *

82142100 **

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