Analyst: $100,000 May Have Become a High Threshold, Even a Barrier for BTC Investors to Further Profit

CoinVoice has recently learned that Trade Nation senior market analyst David Morrison stated that while '$100,000' is a nice round price, it feels like this number has become a high threshold, even a barrier, for Bitcoin investors to further profit. If Bitcoin drops from now, it could represent everything the market shows, 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 beyond the $100,000 mark. Once this resistance level is broken, it could become a trigger to push Bitcoin higher again. [Original link]