News: Bitcoin has surged past $31,000, reaching a one-year high, driven by significant institutional interest stemming from multiple spot Bitcoin ETF filings. This has led to the largest weekly fund inflows in a year, turning investor sentiment bullish. The correlation between Bitcoin and tech stocks has hit a three-year low, suggesting independent market drivers. However, the approval of a leveraged Bitcoin futures ETF and a large options expiry introduce potential short-term volatility. Regulatory developments, such as the SEC's actions against major exchanges and discussions around crypto as gambling, continue to pose long-term risks.

Market Probabilities: 
Bull 60% | Base 30% | Bear 10%

Recommendations: 
Short-term: BUY
Long-term: BUY
{"sentiment": "bullish", "price_direction": "up", "impact_strength": "high", "timeframe": "medium_term", "confidence": 0.6499999999999999, "key_reason": "Bitcoin's inherent scarcity, with a hard cap of 21 million coins, is a foundational element of its v"}