Bitcoin / South Korean won may rise to 87684600 - 88592400

Our pivot point is at 84551700.

Our preference

As long as 84551700 is support look for 88592400.

Alternative scenario

Below 84551700, expect 83028700 and 82122100.

Comment

The RSI is above its neutrality area at 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 85778207 and 84206623).

Supports and resistances

90408100 **

89500300 *

88592400 **

87684600

85780961 last

85150000

84551700 **

83028700 *

82122100 **

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