Analyst: $100,000 may have become a high threshold or even an obstacle for BTC investors to make further profits

Odaily Odaily Trade Nation senior market analyst David Morrison said that although "$100,000" is a good round number price, it feels that this number has become a high threshold or even an obstacle for Bitcoin investors to make further profits. If Bitcoin starts to fall from now on, that may be all the market presents, especially if long-term holders decide to cash out in advance. However, David Morrison also pointed out that Bitcoin's upward momentum is likely to accumulate enough energy to push the price above the $100,000 mark. Once this resistance level is broken, it may become a trigger to push Bitcoin up again. (CNBC)