Can the Bifrost go anywhere?

Could you elaborate on the potential capabilities and limitations of the Bifrost in terms of its destination capabilities? Specifically, does it possess the ability to traverse vast distances, spanning galaxies or even intergalactic voids? Or is its reach constrained to specific regions or dimensions? Furthermore, are there any known restrictions or barriers that could hinder its travel, such as natural phenomena, technological limitations, or other obstacles? Understanding the scope and limitations of the Bifrost's destination capabilities is crucial in assessing its overall value and functionality.