Bitcoin / South Korean won may rise to 84548100 - 85410400

Our pivot point stands at 81521700.

Our preference

As long as 81521700 is support look for 85410400.

Alternative scenario

Below 81521700, expect 80075800 and 79215200.

Comment

The RSI is above 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 82636588 and 81999763).

Supports and resistances

87135100 **

86272800 *

85410400 **

84548100

82804285 last

82089700

81521700 **

80075800 *

79215200 **

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