PANews reported on March 23 that, according to Cointelegraph, Bitget Research Chief Analyst Ryan Lee said that unless Bitcoin closes above the psychological level of $85,000 this week, Bitcoin prices may further decline next week. Ryan Lee added that in the context of ongoing trade war concerns, Bitcoin's weekly closing price breaking $85,000 would be "crucial for restoring upward momentum". A closing price above this level could prevent a drop to $76,000 and send a strong signal, while $87,000 would provide a more definitive bullish signal. Macro factors such as stable interest rates and cooling inflation support risk assets, but Sunday's closing price will be decisive.