If Bitcoin does not break 85500 then 88500 at least today
or in the next two days, it is closer to correction than to rising. If you notice, Bitcoin has failed several times to break the resistance at 85500. This is evidence of weak buying power compared to selling strength at these levels. This has caused weakness in other currencies, keeping them in place or causing them to drop.
Bitcoin breaks supports but fails to break resistances, which is also
another indication of selling strength versus weak buying.
Bitcoin may break the resistance at 85500, yes, but at the same time, there is a very high probability that it will fail to break the next resistance at 88500 and enter a correction wave.
