Bitcoin spikes to 7-week highs as analyst doubts chances of $100K rebound

From Cointelegraph

April 25, 2025 10:45 am:

Bitcoin is experiencing a battle between buyers and sellers as BTC/USD reaches its highest levels since March. Traders are cautious due to rapid gains, with $100,000 seeming out of reach in the short term. Resistance looms as doubts persist over a breakout. Data shows BTC hitting new highs above $95,000, with a tug-of-war between a large-volume buyer and seller. Some traders are cautious, noting declining volume as price rises. Others expect consolidation before BTC returns to six figures. Market participants are watching for signs of continuation or exhaustion.

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