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.
BTC/USD 1-hour chart. Source: Cointelegraph/TradingViewBitcoin sellers and buyers battle for control
Data from Cointelegraph Markets Pro and TradingView showed BTC/USD hitting new seven-week highs above $95,000.
Having preserved its yearly open at $93,500 as intraday support, Bitcoin went on to liquidate leveraged shorts as $100,000 came closer.
The latest data from monitoring resource CoinGlass shows progress in taking upside