News: Bitcoin has surged past $8,000, extending a strong winning streak and pushing the total crypto market cap to a ten-month high. This rally is fueled by increasing retail interest (FOMO), positive institutional news like Bakkt's upcoming futures tests, and a general bullish sentiment, with analysts setting ambitious price targets. However, concerns around exchange counterparty risk (Bitfinex/Tether) and bearish commentary from figures like Peter Schiff introduce potential short-term volatility.

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": 0.725, "key_reason": "Breaking the $8,000 level and extending a winning streak signals strong upward momentum, likely to a"}