Bitcoin / South Korean won may rise to 83515700 - 84114600

Our pivot point is at 81507400.

Our preference

Rebound towards 84114600.

Alternative scenario

Below 81507400, expect 80501400 and 79902600.

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 (82181120) but below its 50 period moving average (82937717).

Supports and resistances

85312500 **

84713600 *

84114600 **

83515700

82308078 last

81902600

81507400 **

80501400 *

79902600 **

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