News: Bitcoin experienced a significant price drop below $8,000 on September 24-25, 2019, leading to substantial liquidations and market drawdowns. While this presents a bearish short-term outlook, there are signs of recovery in major altcoins like Ethereum. Longer-term, institutional interest is growing with new derivatives platforms and mainstream financial services like SoFi entering the crypto space. Regulatory discussions, such as those involving Russian banks and US senators, continue to shape the market's perception and adoption potential.

Market Probabilities: 
Bull 40% | Base 30% | Bear 30%

Recommendations: 
Short-term: HOLD
Long-term: BUY
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