Bitcoin / South Korean won may fall to 79238900 - 79828400

Our pivot point is at 82133400.

Our preference

The downside prevails as long as 82133400 is resistance.

Alternative scenario

Above 82133400, look for 83127800 and 83719800.

Comment

The RSI is below 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 82363688 and 83252761).

Supports and resistances

83719800 **

83127800 *

82133400 **

81742700

81345266 last

79828400

79238900 **

78649500 *

78060100 **

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