5 key factors to watch for Bitcoin this week

Cointelegraph has outlined five key factors to watch regarding Bitcoin's market performance this week. - The emergence of scenarios for a BTC retest of $65,000 and a potential drop into the $50,000 range. - The possibility of a recurring bear flag pattern similar to that seen in January. - Growing macroeconomic uncertainty from Middle East tensions, with gold entering a bearish phase and oil prices re-crossing the $100 mark. - Continued pressure on risk assets as the market prices in the possibility of a Federal Reserve interest rate hike. - Signs of capitulation from long-term holders, with the Spent Output Profit Ratio (SOPR) at 0.64.