Analyst: 100,000 USD may become a high threshold for further profits for BTC investors, or even an obstacle

David Morrison, senior market analyst at Trade Nation, said that while "$100,000" is a good round price, it feels like this number has become a high barrier or even a barrier to further profits for bitcoin investors. If bitcoin starts to fall from now on, that may be all that 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 above the 100,000 dollar mark. Once this resistance level is broken, it may become a trigger to push bitcoin higher again.