Analysts said that due to profit-taking and heavy selling, Bitcoin prices have been hindered from rising. BRN analyst Valentin Fournier emphasized that Bitcoin faces major obstacles to breaking through $100,000. He believes that despite strong market catalysts and growing investor confidence, Bitcoin is still struggling to break through the psychological price barrier of $100,000. Profit-taking is obvious, and it will take more than 4,000 Bitcoins (worth about $384 million) to clear the selling barrier to achieve higher price levels. (TheBlock)