News: Bitcoin is experiencing significant volatility as the U.S. presidential election unfolds. Large outflows from Bitcoin ETFs and increased demand for protective put options suggest a short-term bearish sentiment driven by election uncertainty. However, long-term bullish factors like institutional adoption and positive analyst predictions remain. The Mt. Gox transfer also adds to short-term selling pressure. The market is closely watching the election results and their potential impact on regulatory policy.

Market Probabilities: 
Bull 35% | Base 40% | Bear 25%

Recommendations: 
Short-term: HOLD
Long-term: BUY
{"sentiment": "neutral", "price_direction": "up", "impact_strength": "high", "timeframe": "medium_term", "confidence": 0.5, "key_reason": "MicroStrategy's consistent and substantial Bitcoin purchases demonstrate strong institutional convic"}