Bitcoin spikes to 7-week highs as analyst doubts chances of $100K rebound
Bitcoin may be at its highest levels in nearly two months, but the odds of $100,000 returning remain slim, say commentators as sellers up pressure.
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.