Bitcoin / South Korean won may rise to 81939300 - 82785900

Our pivot point stands at 79117400.

Our preference

Rebound towards 82785900.

Alternative scenario

Below 79117400, expect 77695300 and 76848800.

Comment

The RSI is below its neutrality area at 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 80755132 and 82088736).

Supports and resistances

84479200 **

83632500 *

82785900 **

81939300

80245057 last

79676100

79117400 **

77695300 *

76848800 **

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