According to BlockBeats, on December 2, BRN analyst Valentin Fournier stated that "despite strong market catalysts and growing investor confidence, bitcoin still faces significant obstacles to breaking through $100,000."
Fournier pointed out that "the profit-taking phenomenon is evident, and a massive sell wall of over 4,000 bitcoins, approximately $384 million, must be cleared for higher prices to be reached." (The Block)
