Bitcoin / South Korean won may rise to 84849000 - 85714400

80897400 is our pivot point.

Our preference

Rebound towards 85714400.

Alternative scenario

Below 80897400, expect 79462600 and 78608600.

Comment

The RSI is below 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price stands above its 20 period moving average (82242303) but below its 50 period moving average (83505218).

Supports and resistances

87445200 **

86579800 *

85714400 **

84849000

82525303 last

81461000

80897400 **

79462600 *

78608600 **

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