Bitcoin / South Korean won may rise to 83454300 - 84305500

80219700 is our pivot point.

Our preference

Rebound towards 84305500.

Alternative scenario

Below 80219700, expect 78796900 and 77950100.

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 below its 20 and 50 period moving average (respectively at 81599667 and 82387540).

Supports and resistances

86007800 **

85156600 *

84305500 **

83454300

81385676 last

80778600

80219700 **

78796900 *

77950100 **

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