ChainCatcher message, 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 for Bitcoin investors to further profit, or even a barrier. If Bitcoin starts to decline from now, that may reflect everything the market is showing, 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 gather enough energy to push the price past the $100,000 mark. Once this resistance level is breached, it could trigger another surge in Bitcoin.