Bitcoin / South Korean won may rise to 84643900 - 85520300

Our pivot point stands at 81728200.

Our preference

The upside prevails as long as 81728200 is support.

Alternative scenario

The downside breakout of 81728200 would call for 80256100 and 79379800.

Comment

The RSI is above 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 81807721 and 81808701).

Supports and resistances

87272900 **

86396600 *

85520300 **

84643900

82891252 last

82306600

81728200 **

80256100 *

79379800 **

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