Financial analysts have revised their bullish Bitcoin price forecasts, citing a range of challenges impacting the cryptocurrency market. Key factors include heightened regulatory scrutiny, adverse macroeconomic conditions, and persistent technological hurdles. Governments worldwide are tightening crypto regulations, while central banks are increasing interest rates, adding pressure to Bitcoin's market dynamics. Moreover, Bitcoin's scalability issues remain unresolved, contributing to a shift in investor sentiment. As a result, investors are becoming more cautious, with many diverting attention and capital to alternative cryptocurrencies, further impacting Bitcoin's price outlook.