According to Theblock, Bitcoin has experienced a turbulent week, down 21% from its all-time high of $110,000. Matt Mena, 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 further signs of inflation cooling in the core PCE data on Friday are key events that could push up Bitcoin prices. "The positive regulatory tailwind, coupled with NVIDIA's strong earnings (which suggests that AI-driven demand continues to increase and boost overall risk sentiment), coupled with positive growth in personal consumption spending (PCE) inflation data this Friday, could create a perfect macro environment for Bitcoin, allowing it to not only regain its previous highs, but also the potential for Bitcoin price to break $150,000 as institutional and retail confidence soars." Matt Mena also stressed that regulatory clarity could change the game rules of Bitcoin, especially in attracting institutional capital. “If the U.S. provides clear guidance on stablecoins and broader digital asset regulation, we may see a large amount of institutional funding entering the field,” he added.