Bitcoin / South Korean won may rise to 84285000 - 84889500

Our pivot point stands at 81689100.

Our preference

Rebound towards 84889500.

Alternative scenario

Below 81689100, expect 80680800 and 80080600.

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 above its 20 period moving average (82669128) but below its 50 period moving average (83635306).

Supports and resistances

86098400 **

85494000 *

84889500 **

84285000

82728464 last

82085200

81689100 **

80680800 *

80080600 **

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