Bitcoin / South Korean won may rise to 84485400 - 85091300

82094000 is our pivot point.

Our preference

The upside prevails as long as 82094000 is support.

Alternative scenario

The downside breakout of 82094000 would call for 81080700 and 80477600.

Comment

The RSI is above 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 82150744 and 82585968).

Supports and resistances

86303100 **

85697200 *

85091300 **

84485400

83096641 last

82492000

82094000 **

81080700 *

80477600 **

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