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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

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