It is projected that Bitcoin's major resistance level is currently around $100,000, and an explosive surge is possible if it breaks through this level. Mike Novogratz, CEO of cryptocurrency financial services firm Galaxy Digital, stated this in a recent 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 the impact of the options market may slow Bitcoin's short-term upward trend, the long-term outlook remains optimistic. Furthermore, the fact that the Bitcoin market is moving away from its 4-year ‘halving cycle’ suggests that the asset is gradually maturing within the global financial market.”
