Bitcoin Price Today: BTC moves above $95K as Changpeng Zhao Sends “Buy-the-Dip” Signal
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.
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.
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%.
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 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.
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.
Frequently Asked Questions (FAQs)
1. What caused Bitcoin price to retake $95,000 today?
2. What is the current Bitcoin price trend outlook?
3. Could Bitcoin face downside risks this week?
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