On February 27, according to Theblock, Bitcoin had experienced a turbulent week, falling 21% from its all-time high of $110,000. Matt Mena, a cryptocurrency research strategist at 21Shares, believes that there may be some positive catalysts in the future. He pointed out that Nvidia's strong earnings report on Wednesday and possible signs of further cooling in inflation in core PCE data on Friday are key events that could push up Bitcoin prices. Matt Mena said: "A positive regulatory tailwind, coupled with Nvidia's strong earnings (which suggests continued increase in AI-driven demand and boosted overall risk sentiment), coupled with positive growth in personal consumption expenditure (PCE) inflation data this Friday, may create the perfect macro environment for Bitcoin to not only recover its previous highs, but also potentially exceed $150,000 as institutional and retail confidence soars." Matt Mena also emphasized that regulatory clarity could change the rules of the game for Bitcoin, especially when it comes to attracting institutional capital. He added: "If the United States provides clear guidance on stablecoins and broader digital asset regulation, we may see a large amount of institutional money entering the space."