Bitcoin / South Korean won may fall to 84058800 - 84760300

87332000 is our pivot point.

Our preference

The downside prevails as long as 87332000 is resistance.

Alternative scenario

Above 87332000, look for 88513900 and 89217400.

Comment

The RSI is below its neutrality area at 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 86601343 and 86474199).

Supports and resistances

89217400 **

88513900 *

87332000 **

86867700

86352358 last

84760300

84058800 **

83357200 *

82655600 **

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