PANews reported on March 23 that according to Cointelegraph, Bitget Research chief analyst Ryan Lee said that unless Bitcoin can break through the psychological barrier of $85,000 at the close of this week, the price of Bitcoin may fall further next week. Ryan Lee added that amid ongoing trade war concerns, a weekly close of Bitcoin above $85,000 would be "critical to restoring upward momentum". A close above this level could prevent a fall to $76,000 and send a strong signal, while $87,000 would provide a clearer bullish signal. Macro factors such as stable interest rates and cooling inflation support risky assets, but Sunday's closing price will be decisive.