Regardless of the Easter festivities, the bulls and bears continue to go at each other. While it looked like the bulls are going to easily crush the resistance line at $61699 and push for new all-time highs, the bears work hard for a comeback to pull the price under $50350. Our primary expectation is that the bulls win the battle and reach new all-time highs. However, we do not count the bears out, giving them a 40% chance to start a longer correction below $46417.
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