Bitcoin / South Korean won may rise to 87687200 - 88581500

Our pivot point stands at 83757900.

Our preference

As long as 83757900 is support look for 88581500.

Alternative scenario

Below 83757900, expect 82272400 and 81388200.

Comment

The RSI is above its neutrality area at 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is above its 20 and 50 period moving average (respectively at 84851790 and 83831403).

Supports and resistances

90370300 **

89475900 *

88581500 **

87687200

85029851 last

84341500

83757900 **

82272400 *

81388200 **

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