Bitcoin / South Korean won may fall to 80597200 - 81210100

Our pivot point is at 83762700.

Our preference

The downside prevails as long as 83762700 is resistance.

Alternative scenario

Above 83762700, look for 84798700 and 85415400.

Comment

The RSI is below its neutrality area at 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 83230543 and 84608972).

Supports and resistances

85415400 **

84798700 *

83762700 **

83355600

82479565 last

81210100

80597200 **

79984400 *

79371500 **

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