News: Bitcoin experienced a significant downturn today, falling to $63,000 and giving up post-Fed rate cut gains, largely driven by escalating geopolitical tensions in the Middle East and tempered expectations on the size of future Fed rate cuts. While Bitcoin ETFs continue to see inflows, the broader market sentiment has shifted to risk-off. Mining profitability also declined for the third consecutive month, potentially adding selling pressure. However, some corporate entities continue to accumulate Bitcoin, and retail inflows remain steady, hinting at underlying support.

Market Probabilities: 
Bull 35% | Base 40% | Bear 25%

Recommendations: 
Short-term: HOLD
Long-term: BUY
{"sentiment": "neutral", "price_direction": "up", "impact_strength": "medium", "timeframe": "medium_term", "confidence": 0.5, "key_reason": "The substantial holdings by major banks like Goldman Sachs and Morgan Stanley in Bitcoin ETFs signal"}