News: Bitcoin shows resilience, bouncing to $11.8K, supported by positive technicals and a broader risk-on sentiment in equity markets. Significant investments in mining infrastructure by companies like Marathon Patent Group signal confidence in the network's future. Meanwhile, Ethereum's strong performance in DeFi continues to boost the altcoin market. Regulatory developments, such as Singapore's new code of practice for crypto firms, suggest a move towards greater clarity and stability, which could attract more institutional interest.

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

Recommendations: 
Short-term: BUY
Long-term: BUY
{"sentiment": "bullish", "price_direction": "up", "impact_strength": "low", "timeframe": "medium_term", "confidence": 0.625, "key_reason": "Massive government stimulus and potential fiat devaluation strengthen Bitcoin's narrative as an infl"}