【Analyst: Profit Taking and Massive Sell-offs Hinder Recent Bitcoin Price Increase】According to Golden Finance, analysts state that profit taking and massive sell-offs hinder the increase in Bitcoin prices. BRN analyst Valentin Fournier emphasizes that Bitcoin faces significant obstacles in breaking through the $100,000 mark. He believes that market catalysts are strong and investor confidence is continuously growing, but Bitcoin is still struggling to break through the psychological price barrier of $100,000. The phenomenon of profit taking is evident, and the sell-off barrier of over 4,000 Bitcoins (worth approximately $384 million) must be cleared to achieve higher levels. (TheBlock)