Four key factors to watch for Bitcoin this week

Cointelegraph has outlined four key factors to watch in the Bitcoin market this week. - The weekly MACD indicator for BTC is showing its first bullish signal in a year, a pattern previously followed by a 25% price surge. - The approaching deadline for the '48-hour ultimatum' between the U.S. and Iran could introduce market volatility. - The release of key economic indicators, including the Consumer Price Index (CPI) and Personal Consumption Expenditures (PCE), is scheduled for this week. - A persistent bear flag pattern in BTC suggests a potential drop below $60,000.