Bitcoin / South Korean won may fall to 81592300 - 82483200

Our pivot point is at 85690700.

Our preference

The downside prevails as long as 85690700 is resistance.

Alternative scenario

Above 85690700, look for 87191700 and 88085200.

Comment

The RSI is below its neutrality area at 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 84775973 and 85291778).

Supports and resistances

88085200 **

87191700 *

85690700 **

85101000

84266391 last

82483200

81592300 **

80701500 *

79810600 **

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