It is projected that Bitcoin's major resistance level is currently around $100,000, and an explosive rise is possible if it breaks through this level. Mike Novogratz, CEO of cryptocurrency financial services firm Galaxy Digital, recently stated this in an interview. According to U.Today, he said in an interview with Anthony Scaramucci, "Market momentum appears to have improved significantly compared to at least a month ago. While Bitcoin's upward trend may slow down in the short term due to the influence of the options market, the long-term outlook remains optimistic. Furthermore, the fact that the Bitcoin market is moving away from its four-year 'halving cycle' suggests that the asset is gradually maturing within the global financial market."
