Bitcoin price has surged to its highest level since July, surpassing $30,000 and recording significant gains for the week. However, there are indications of a potential bearish signal, with the TD Sequential indicator suggesting a sell signal. Analysts believe that for bulls to regain control, a flip and weekly candle close above $31,000 would be necessary. On the other hand, a retreat is possible, and if a head-and-shoulders pattern forms, it could lead to a retest of support levels around $28,492 or even a bearish target of $25,000. Positive news regarding ETFs could potentially drive the price towards $40,000.In other news, Chainlink (LINK) price has experienced a surge of over 23% in the past week, reaching its highest level since May 2022. This increase in price is attributed to whale accumulation and significant uptake on South Korean exchanges Bithumb and Upbit. These exchanges have accumulated a total of 945,000 LINK tokens, equivalent to around $9 million. Currently, exchanges hold approximately 202.6 million LINK, which represents 20.26% of the total supply. Despite some upward movements throughout the year, the LINK/USD pair has mostly been constrained below the $8.60 mark, with a low of $4.77 in June.