News: Bitcoin continues its upward trajectory, consolidating recent gains and showing strong near-term bullish momentum. Positive sentiment is bolstered by endorsements from veteran investors like Bill Miller, who predict increased institutional adoption. However, the U.S. presidential election outcome introduces regulatory uncertainty, creating a mixed short-term outlook. Long-term, the narrative of Bitcoin as a hedge against currency devaluation and growing institutional adoption remains a dominant bullish factor.

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

Recommendations: 
Short-term: BUY
Long-term: BUY
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