Bitcoin / South Korean won may rise to 85512400 - 86125600

Our pivot point stands at 83293500.

Our preference

Rebound towards 86125600.

Alternative scenario

The downside breakout of 83293500 would call for 82265500 and 81653500.

Comment

The RSI is below its neutrality area at 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 84378201 and 84622974).

Supports and resistances

87352200 **

86738900 *

86125600 **

85512400

84105219 last

83697400

83293500 **

82265500 *

81653500 **

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