Good morning 🌞
If Bitcoin does not break 85500 then 88500 at least today
or in the next couple of days, it is closer to a correction than a rise. If you notice, Bitcoin has failed several times to surpass the resistance of 85500. This is evidence of weak buying power against selling strength at these levels, and this is the reason for the weakness in other currencies, keeping them in place or causing them to drop..
Bitcoin breaks supports but fails to break resistances, and this is also
another indication of selling strength against weak buying..
Bitcoin may break the resistance of 85500, yes, but at the same time, there is a very high chance that it will fail to break the next resistance of 88500 and enter a correction wave..
$BTC