Bitcoin / South Korean won may rise to 84403300 - 85264100

Our pivot point is at 81510700.

Our preference

The upside prevails as long as 81510700 is support.

Alternative scenario

Below 81510700, expect 80065100 and 79204600.

Comment

The RSI is above its neutrality area at 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 81321477 and 81974356).

Supports and resistances

86985900 **

86125000 *

85264100 **

84403300

82681553 last

82078700

81510700 **

80065100 *

79204600 **

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