Bitcoin (BTC) has reached a notable milestone by hitting the $100,000 mark, as reported by QCP Capital. This advancement sparked optimism within the market at the start of the week.
However, QCP Capital has issued a cautionary note, warning that Bitcoin faces substantial resistance at this level. This threshold is reminiscent of the heavy selling pressure experienced in December.
The current scenario raises questions about Bitcoin's future trajectory and market stability, given its transition from periods of volatility to a possibly more stable price point.
