Bitcoin's trajectory is currently influenced by macroeconomic factors more than internal crypto dynamics. Recent geopolitical tensions in the Middle East caused oil prices to surge and risk assets, including Bitcoin, to initially drop. However, Bitcoin quickly rebounded as de-escalation signals emerged. Meanwhile, institutional investments continue to flow into Bitcoin, providing a stabilizing force amid macro uncertainties. Bitcoin is trading near a critical resistance level, with potential for significant movement. A breakthrough could trigger rapid price acceleration due to short liquidations and increased media attention, while a rejection might lead to a pullback or consolidation. Three events could significantly impact Bitcoin's next move: U.S. regulatory developments, Federal Reserve liquidity shifts, and geopolitical tensions affecting oil prices. Regulatory progress could unlock institutional capital and boost market confidence, while Federal Reserve decisions on interest rates and inflation data are key short-term drivers. Geopolitical tensions remain unpredictable but can cause swift market reactions.