Bitcoin / South Korean won may rise to 85576500 - 86190200

Our pivot point is at 83526200.

Our preference

Rebound towards 86190200.

Alternative scenario

The downside breakout of 83526200 would call for 82495200 and 81881600.

Comment

The RSI is below 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price stands below its 20 and 50 period moving average (respectively at 84427665 and 84706091).

Supports and resistances

87417700 **

86804000 *

86190200 **

85576500

84346447 last

83931200

83526200 **

82495200 *

81881600 **

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