Bitcoin Price Today: BTC moves above $95K as Changpeng Zhao Sends “Buy-the-Dip” Signal

Bitcoin price forecast today remains bullish as BTC defends $95K, with technical momentum signaling a potential move toward $102,500.
By ibrahim
Bitcoin Price Rallies As China Exempts Some US Imports From 125% Tariffs

Highlights

  • Bitcoin price broke above $95,100 on April 27 as bulls seized momentum during global pre-market trading sessions.
  • Trump’s decision to ease Chinese tariffs boosted risk appetite, helping Bitcoin outpace traditional assets like gold and the S&P 500.
  • Binance co-founder Changpeng Zhao issued a bullish “buy-the-dip” signal, further solidifying positive sentiment around Bitcoin’s short-term outlook.

Bitcoin price retakes $95K as bulls dominate pre-market; strong momentum eyes $102,500 amid U.S. tariff news and positive-leaning BTC technical indicators.

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Bitcoin (BTC) retakes $95K as bulls dominate pre-market trading

Bitcoin 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.

Fresh headlines confirming U.S. President Donald Trump’s plans to roll back tariffs on Chinese imports sparked a broader rally in equities and commodities, creating favorable spillover effects for Bitcoin.

Bitcoin (BTC) Price Action | Source: Coingecko
Bitcoin (BTC) Price Action | Source: Coingecko

By midday Sunday, Bitcoin price  traded as high as $95,115, posting 24-hour gains of approximately 1.0%, according to CoinGecko data.

On a weekly basis, BTC price posted 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%.

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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.

Binance co-founder Changpeng Zhao reacts to Bitcoin price breaking $95,000, April 27, 2025 | Source: X.com
Binance co-founder Changpeng Zhao reacts to Bitcoin price breaking $95,000, April 27, 2025 | Source: X.com

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.

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Bitcoin Price Forecast Today: BTC Eyes $102,500 as Bulls Defend Breakout

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.

Bitcoin price forecast today
Bitcoin price forecast today

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.

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Frequently Asked Questions (FAQs)

1. What caused Bitcoin price to retake $95,000 today?

Bitcoin surged above $95K as fresh buying pressure followed U.S. tariff rollback headlines, boosting global equities and crypto sentiment.

2. What is the current Bitcoin price trend outlook?

Bitcoin’s break above $94,300 and bullish technical indicators suggest potential continuation toward the $102,500 resistance level.

3. Could Bitcoin face downside risks this week?

If Bitcoin loses support at $93,600, a pullback toward $88,615 (Keltner Channel basis) could materialize.
ibrahim
Crypto analyst covering derivatives markets, macro trends, technical analysis, and DeFi. His works feature in-depth market insights, price forecasts, and institutional-grade research on digital assets.
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