News: Bitcoin experienced a notable dip below $8,000, influenced by a broader 'risk-off' sentiment in tech stocks, indicating a bearish short-term trend. However, VanEck's renewed ETF filing and the development of new crypto use cases like Blockstack's app offer potential long-term bullish catalysts. Regulatory news remains mixed, with the SEC rejecting a Winklevoss ETF but South Korea considering changes to crypto exchange tax perks. Google's ban on mining apps adds to the cautious environment.

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

Recommendations: 
Short-term: HOLD
Long-term: BUY
{"sentiment": "neutral", "price_direction": "up", "impact_strength": "low", "timeframe": "medium_term", "confidence": 0.5, "key_reason": "The renewed effort by VanEck signals growing institutional demand for regulated Bitcoin products. Su"}