Bitcoin / South Korean won may rise to 86117900 - 86735500

Our pivot point stands at 83949300.

Our preference

As long as 83949300 is support look for 86735500.

Alternative scenario

Below 83949300, expect 82913100 and 82296300.

Comment

The RSI is above its neutrality area at 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 84794755 and 83738520).

Supports and resistances

87970800 **

87353100 *

86735500 **

86117900

84874315 last

84356300

83949300 **

82913100 *

82296300 **

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