$BTC's weekly candle has closed above the crucial 31k support/resistance level for the first time since May 2022.

There's a possibility of a retest of the 31k level, and the bulls will need to defend this area. Success in this defense might prompt #BTC to test the 38-39K resistance level in November.

Bitcoin has entered a bullish phase, signaling the potential start of a bull run in the market.

#Crypto #dyor #EthereumScaling #BitcoinHalwing $BTC $BNB $ETH

@BreakOut_Expert