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Key points:<\/strong><\/p>\n Bitcoin is witnessing a tussle between buy and sell volume as BTC\/USD hits its highest levels since the start of March.<\/p>\n<\/li>\n BTC price action is making traders increasingly wary due to the pace of recent gains.<\/p>\n<\/li>\n $100,000 is likely to remain out of reach for the short term, multiple commentators say.<\/p>\n<\/li>\n<\/ul>\n Bitcoin (BTC<\/a>) headed into key resistance after the April 25 Wall Street open as doubts over the BTC price breakout persisted.<\/p>\n Data from Cointelegraph Markets Pro<\/a> and TradingView<\/a> showed BTC\/USD hitting new seven-week highs above $95,000.<\/p>\n Having preserved its yearly open at $93,500<\/a> as intraday support, Bitcoin went on to liquidate leveraged shorts as $100,000 came closer.<\/p>\n The latest data from monitoring resource CoinGlass<\/a> shows progress in taking upside liquidity across exchange order books.<\/p>\n Reacting, popular trader Daan Crypto Trades underscored the importance of the current price range in the context of the Bitcoin bull market.<\/p>\n \u201cTrading back above the Bull Market Support band as we speak,\u201d he wrote in an X post<\/a>, referring to a cluster of moving averages lost as support earlier in 2025<\/a>.<\/p>\n \u201cA weekly close above this level would be a good look for the larger timeframe and I’d expect new highs at some point as long as it holds above.\u201d<\/p><\/blockquote>\n Others were cautious, with fellow trader Skew revealing a tug-of-war between a large-volume buyer and seller.<\/p>\n \u201cPrice would be a lot lower than it is now without the passive buyer matching this market selling,\u201d he warned<\/a> alongside an order book print.<\/p>\n \u201cEventually one will throw in the towel & volatility will follow through.\u201d<\/p><\/blockquote>\n Continuing, Keith Alan, cofounder of trading resource Material Indicators, likewise doubted whether BTC\/USD could sustain a trip above $95,000.<\/p>\n Related: <\/strong><\/em>Bitcoin exchange outflows mimic 2023 as whales buy retail ‘panic’<\/strong><\/em><\/a><\/p>\n Alan noted<\/a> declining volume as price moved higher, repeated wicks below the yearly open and a \u201cdown\u201d signal on one of Material Indicators\u2019 proprietary trading tools.<\/p>\n \u201cFor me, a pump above $95k would invalidate the new signal, but I’d probably consider such a move to be a short squeeze unless we have a catalyst with some substance behind it,\u201d he summarized<\/a>.<\/p>\n\n
Bitcoin sellers and buyers battle for control<\/h2>\n
Waiting on a $100,000 BTC price \u201ccatalyst\u201d<\/h2>\n