Bitcoin / South Korean won may fall to 82487500 - 83101100

85178900 is our pivot point.

Our preference

The downside prevails as long as 85178900 is resistance.

Alternative scenario

Above 85178900, look for 86210200 and 86824100.

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 84427818 and 84755031).

Supports and resistances

86824100 **

86210200 *

85178900 **

84773700

84329566 last

83101100

82487500 **

81873900 *

81260300 **

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