Bitcoin (BTC) trudged toward $43,000 on Wednesday, Sept. 29, as a "macro predicament" kept bulls on their toes.

BTC/USD i-hr candle nautical chart (Bitstamp). Source: TradingView

BTC in still another dip beneath $41,000

Data from Cointelegraph Markets Pro and TradingView showed BTC/USD ranging slightly higher later a fresh $40,000 retest overnight.

The pair had shown what could be underlying strength after multiple probes of the $40,000 mark, but on Wednesday, traders were warning more than broadly, trivial had really improved.

"BTC is enjoying some recovery today but the macro predicament remains the same: It is still just beneath the 21-week EMA," trader and analyst Rekt Capital summarized in his latest Twitter update.

"$BTC needs to manage to reclaim ~$43600 this calendar week to build on the bullish momentum BTC generated after wicking into ~$40000 last week."
BTC/USD ane-week candle chart (Bitstamp) with 21-week exponential moving average (EMA). Source: TradingView

That level would place Bitcoin only over the $43,000 "worst-case scenario" price for its monthly shut, something which forecaster PlanB reiterated was still in play this week.

Localized events, namely major exchange Binance halting withdrawals and trading for 2 hours for scheduled maintenance, meanwhile, had petty impact on spot price action.

In terms of macro cues, Thursday remained set as the day for United States lawmakers to vote on the contentious $i-trillion "infrastructure bill" afterward an initial deadline was extended.

Binance Coin bucks apartment altcoin tendency

Altcoins held steady on the day, with Ether (ETH) unmoved at just below $3,000.

Related: Signs of fear emerge equally Ethereum price drops beneath $3,000 again

Only Binance Coin (BNB) produced any noticeable moves in the top 10 cryptocurrencies by market capitalization, up vii% after the maintenance episode completed.

As Cointelegraph reported Mon, altcoins are slated for a downtrend to wheel lows confronting Bitcoin in the coming months, before staging a comeback of their own in 2022.