Recent analysis reveals that major technical indicators for Bitcoin show potential for upside price movements. However, despite these bullish signs, broader economic uncertainty remains a significant hurdle. Macro factors continue to dampen overall market sentiment, affecting investment decisions. Traders are advised to stay vigilant as global economic indicators unfold, as they can have substantial implications for Bitcoin’s next price action. Keeping an eye on both technical and macroeconomic signals will be crucial for navigating this market environment effectively.