4.29 Tuesday Bitcoin Morning Thoughts

Reviewing yesterday's Bitcoin trend and trading ideas, the morning strategy suggested going long after a pullback, entering a long position directly at low levels. The long positions were held until the evening, reaching the morning's target price. After taking profits on the long positions, the evening strategy once again suggested going short publicly across the network, leading to new short entries that captured over a thousand points of movement.

Today's morning trend for Bitcoin is relatively strong, breaking directly above the 95000 point level. From the 1-hour K-line of Bitcoin, the price is moving directly from above the lower Bollinger Band to below the upper Bollinger Band, with an upward trend, likely to test the resistance at the upper band.

For aggressive traders, going long directly around 95000 is an option, while monitoring the pressure at 96000.

For conservative traders, focusing on short positions is advisable, suggesting going short between 95600 and 96200, targeting around 93500.