“Bitcoin continues to pull back. After losing the key position of $30,000, according to Bitpush terminal data, as of the time of publication, BTC is trading near $27,330, with a 24-hour decline of 0.45%. Ethereum also fell in sync, erasing several weeks of gains after the Shanghai upgrade on April 12. In addition, net outflows from Bitcoin investment products last week reached $53.1 million, breaking the six-week streak of net inflows. However, Standard Chartered Bank analysts are optimistic about the medium and long-term trend of Bitcoin. Analysts believe that Bitcoin may reach $100,000 by 2024.”