News: As 2021 concludes, the crypto market shows mixed signals. Long-term, the narrative of Bitcoin as an inflation hedge and increasing institutional adoption via ETFs remain strong bullish drivers. However, concerns about regulatory clarity and the perceived limitations of protocol upgrades like Taproot introduce some bearish undertones. In the short term, thin holiday trading volumes are expected, but positive sentiment is present with major cryptocurrencies showing gains. Institutional buying on dips and corporate accumulation by MicroStrategy provide bullish support, while news of crypto hacks and tax loopholes could influence short-term trading behavior.

Market Probabilities: 
Bull 55% | Base 35% | Bear 10%

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