Hello everyone! Welcome to our Six Degrees of Analysis program. Today, we’re going to take a deeper look at why Bitcoin’s progress toward breaking $100,000 is being held back. Although the price of Bitcoin has increased by more than 40% since the U.S. election, it has encountered a bottleneck when approaching the psychological threshold. Analysts pointed out that profit-taking by investors and selling behavior by long-term holders may be the main factors causing this phenomenon. We'll also hear from executives at digital asset managers about market pullbacks, as well as expert predictions for future gains. While Trump's supportive sentiment has injected some momentum into the market, specific crypto legislation will still face challenges. Can Bitcoin break through this important psychological barrier? There are more market dynamics waiting for us to analyze. Please continue to watch the details! #Bitcoin#One Hundred Thousand Dollars#Price#Psychological Gate#Rising Trend#Trump#Investor#Profit Taking#Long Term Holder#Bull Market
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