Bitcoin / South Korean won may fall to 82295600 - 83194100

Our pivot point stands at 86407100.

Our preference

The downside prevails as long as 86407100 is resistance.

Alternative scenario

The upside breakout of 86407100, would call for 87920600 and 88821600.

Comment

The RSI is below its neutrality area at 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 85741484 and 85721262).

Supports and resistances

88821600 **

87920600 *

86407100 **

85812500

85150898 last

83194100

82295600 **

81397100 *

80498500 **

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