Bitcoin / South Korean won may fall to 81982300 - 82605700

Our pivot point stands at 85510300.

Our preference

The downside prevails as long as 85510300 is resistance.

Alternative scenario

Above 85510300, look for 86568000 and 87197500.

Comment

The RSI is below 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 85203856 and 85317136).

Supports and resistances

87197500 **

86568000 *

85510300 **

85094800

84208719 last

82605700

81982300 **

81358900 *

80735500 **

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