Bitcoin / South Korean won may fall to 80671000 - 81271000

Our pivot point stands at 83288900.

Our preference

The downside prevails as long as 83288900 is resistance.

Alternative scenario

Above 83288900, look for 84297300 and 84897600.

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 83173199 and 83914211).

Supports and resistances

84897600 **

84297300 *

83288900 **

82892700

82485722 last

81271000

80671000 **

80070900 *

79470800 **

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