David Morrison, Senior Market Analyst at Trade Nation, said that although "100,000 US dollars" is a good round number price, it feels like this number has become a high threshold or even a barrier for Bitcoin investors to further profit, especially if Bitcoin starts to fall from now on. This may be everything the market presents, especially if long-term holders decide to cash out early. However, David Morrison also pointed out that Bitcoin's upward momentum is likely to accumulate enough energy to push the price through the $100,000 mark. Once this resistance level is broken, it may become a triggering factor for Bitcoin to rise again.

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