#Bitcoin Analysis & Quick Update
This is an essential and brief update on $BTC, so pay close attention.
Bitcoin is surging quickly and has broken through 59,800, as mentioned in my previous update.
Bitcoin could reach between 61,500 and 64,300 before we can expect a reversal. This rally appears to be a trap for retail investors.
A strong sell position is forming, and as previously stated, Bitcoin is likely to retest the $41k - $44k range during this downturn.
Be cautious with your funds. Another major update on Bitcoin is coming soon, so stay tuned.
