Trade Nation Senior Market Analyst David Morrison stated that while "$100,000" is a nice round number, it feels like this figure has become a high threshold, even an obstacle, for Bitcoin investors to profit further. If Bitcoin declines from now on, that could be all 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 very likely to accumulate enough energy to push the price beyond the $100,000 mark. Once this resistance level is broken, it could become a trigger to push Bitcoin higher again.