Bitcoin / South Korean won may rise to 84688500 - 85552300

81735700 is our pivot point.

Our preference

Rebound towards 85552300.

Alternative scenario

Below 81735700, expect 80286000 and 79423200.

Comment

The RSI is below its neutrality area at 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price stands above its 20 period moving average (82880292) but below its 50 period moving average (83113801).

Supports and resistances

87279800 **

86416100 *

85552300 **

84688500

82938889 last

82305200

81735700 **

80286000 *

79423200 **

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