Bitcoin News: Bitcoin reaches its highest level in 7 weeks, then slips below $94,000 as analysts doubt an immediate breakthrough of the $100,000 level. Bitcoin hit $95,000 after Wall Street opened on April 25, but has since retreated below $94,000, raising doubts about the strength of the recent rally. According to data from Cointelegraph Markets Pro and TradingView, the BTC/USD pair initially maintained support at its annual opening of $93,500, leading to a wave of short liquidations. However, the gains proved to be short-lived, as sellers reasserted pressure near key resistance levels.