With profit-taking and heavy selling holding back the price of Bitcoin, according to analysts, BRN analyst Valentin Fournier emphasized that Bitcoin faces a major hurdle to break through the $100,000, arguing that despite strong market catalysts and growing investor confidence, Bitcoin is still struggling to break through the psychological price barrier of $100,000. The phenomenon of profit-taking is obvious, and the selling barrier of more than 4,000 bitcoins (worth about $384 million) must be cleared to achieve higher levels. (TheBlock)