Bitcoin / South Korean won may rise to 84807500 - 85672500

Our pivot point is at 81771200.

Our preference

As long as 81771200 is support look for 85672500.

Alternative scenario

Below 81771200, expect 80320900 and 79457700.

Comment

The RSI is above 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 82806921 and 82415658).

Supports and resistances

87402400 **

86537400 *

85672500 **

84807500

83031752 last

82340900

81771200 **

80320900 *

79457700 **

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