Is this the beginning of Bitcoin bull run?

• The Bitcoin price has risen above $30,000 for the first time in months, currently trading at around $30,700. We anticipate breaking the major resistance at $32,000 before confirming a breakout. Based on the bullish sentiment in the market today, we expect the price to test $35,000 to $40,000 and beyond if the breakout occurs; otherwise, it may result in a fakeout.

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  The key levels to watch on the upside are $32,000, the major resistance level Bitcoin needs to surpass, $35,000, which is the price everyone expects to see, and $37,000, a crucial resistance level before reaching $40,000.
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  Additionally, it's essential to consider the possibility of a fakeout, where the price experiences a temporary increase to attract more buyers, often followed by a significant drop. In such a scenario, be vigilant if the price falls below $29,000 or $28,000.

• As everyone expects the bull market to initiate a bullish cycle, this is the right time for you to start accumulating more Bitcoin and other coins with a strong use case. Make sure you take your risk management seriously.