#TradersLeague The price of bitcoin has risen by 5% in the last 48 hours, reaching an intraday high of USD 110,392 on Thursday, according to data from Cointelegraph Markets Pro and TradingView.

Despite this performance, the ability to surpass the all-time high of USD 112,000 is currently limited due to the lack of buyers.

The delta metric of Bitcoin's spot volume, an indicator that measures the net difference between buying and selling volumes, reveals that net spot buying on exchanges remains negative, even as the price of BTC attempts to break upward.