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

Key points:Bitcoin is witnessing a tussle between buy and sell volume as BTC/USD hits its highest levels since the start of March. BTC price action is making traders increasingly wary due to the pace of recent gains. $100,000 is likely to remain out of reach for the short term, multiple commentators say. Bitcoin (BTC) headed into key resistance after the April 25 Wall Street open as doubts over the BTC price breakout persisted source: https://cointelegraph.com/news/bitcoin-spikes-to-7-week-highs-analyst-doubts-chances-100k-rebound?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound