🚀 **Bitcoin Weekly Update: Bulls vs. Bears!** 🚀
Hey BTC enthusiasts! 🌟 Let's dive into this week's Bitcoin action. Despite the S&P 500 rallying and low consumer inflation hinting at a dollar supply glut, Bitcoin's price remained shaky. But don't fret, there's always a silver lining in the crypto world!
**Bearish Signals:**
1. **Resistance Struggle:** BTC has been unable to break the $70K mark, even dipping below $60K recently.
2. **USDT Withdrawals:** Over $1 billion in Tether was pulled from exchanges, hinting at potential market caution.
**Bullish Signals:**
1. **Exchange Exodus:** Investors are moving BTC off exchanges, signaling strong conviction to HODL.
2. **Technical Indicators:** Jamie Coutts' MSI model shows bullish momentum, reminiscent of last November's rally.
Stay tuned, Bitcoiners! 🌐📈