Bitcoin / South Korean won may fall to 82382200 - 83281700

Our pivot point is at 86790300.

Our preference

The downside prevails as long as 86790300 is resistance.

Alternative scenario

Above 86790300, look for 88310500 and 89215500.

Comment

The RSI is below 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 85615842 and 85647129).

Supports and resistances

89215500 **

88310500 *

86790300 **

86193000

85176703 last

83281700

82382200 **

81482700 *

80583200 **

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