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Cryptocurrency News Articles
Bitcoin (BTC) Reclaims $95K as Bulls Dominate Pre-Market Trading
Apr 28, 2025 at 07:50 am
Bitcoin (BTC) retakes $95K as bulls dominate pre-market trading
Bitcoin (BTC) price broke decisively above the $95,100 threshold early Sunday, April 27, as renewed buying pressure swept across global crypto markets.
After spending most of the weekend consolidating near $93,000, BTC market momentum swung positive on Sunday morning with the U.S. rolling over tariffs on Chinese imports.
By midday Sunday, Bitcoin price rose as high as $95,115, posting 24-hour gains of approximately 1.0%, according to CoinGecko data.
On a weekly basis, BTC price saw a 10.6% uptick, outperforming both the Nasdaq’s S&P 500 Composite index and gold futures.
At press time, Bitcoin’s monthly gains now stands at 11.8%, while year-to-date returns remain strong at 48.4%.
Binance Co-Founder Changpeng Zhao calls out buy-the-dip strategy
In a post on X (formerly Twitter), Binance co-founder Changpeng Zhao hinted at further upside potential, posting the remark, “I hope you bought the dip. 😆🤷♂️” shortly after Bitcoin reclaimed the $95,000 mark.
Although short and cryptic, Zhao’s comments carry weight across the crypto community. As co-founder of the world’s largest cryptocurrency exchange by trading volume, CZ’s market insights often influence retail and institutional sentiment alike.
Bitcoin Price Forecast Today: BTC Eyes $102,500
Bitcoin price forecast today leans bullish after a resilient close above $94,300, firmly inside the upper Keltner Channel band at $94,319.51.
As seen in the TradingView chart below, The current BTC Keltner Channel expansion signals growing momentum, potentially a precursor to sustained rally toward the $102,500 target.
Supporting this narrative, the Parabolic SAR at $87,224.78 has shifted further below the current price, reinforcing a prevailing bullish trend.
The TM RSI reading at 66.31, while elevated, has not yet crossed into the overbought 70 zone, suggesting further room for upside.
On the downside, a bearish reversal could develop if Bitcoin decisively loses the $93,600 intraday low, risking a pullback toward the Keltner basis line at $88,615.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.
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