News: Bitcoin experienced a significant bullish breakout on April 29th, surpassing $8,000 and reaching its highest levels in nearly two months. This surge was driven by a combination of factors including the Federal Reserve's continued monetary stimulus, a growing narrative of Bitcoin as an inflation hedge, and positive technical indicators like the 200-day moving average cross. The market sentiment is leaning heavily towards FOMO (Fear Of Missing Out), with short positions being liquidated. While exchange outages occurred during the rally, the overall trend is strongly positive for the short term.

Market Probabilities: 
Bull 70% | Base 20% | Bear 10%

Recommendations: 
Short-term: BUY
Long-term: BUY
{"sentiment": "bullish", "price_direction": "up", "impact_strength": "high", "timeframe": "medium_term", "confidence": 0.75, "key_reason": "The strong price rally, driven by FOMO and positive technicals, indicates significant buying interes"}