ChainCatcher message, Trade Nation's senior market analyst David Morrison recently shared his views on the price trends of Bitcoin. While '$100,000' sounds like a nice round number target, it seems to have also become a significant psychological barrier for Bitcoin investors. 😅

If Bitcoin's price declines from now, it may indicate that the market has reached a certain limit, especially when long-term holders choose to cash out early. However, Morrison also optimistically pointed out that Bitcoin's upward momentum remains strong, and it may gather enough energy to break through the $100,000 threshold. 🚀 Once broken, this resistance level could become a trigger for further price increases. 📈

The market is ever-changing, and investments should be made with caution.