News: Bitcoin experienced a slight uptick, trading around $33,816, with the near-term bullish trend intact despite recent volatility. The market is reacting positively to the largest-ever drop in Bitcoin mining difficulty, which has reduced transaction fees and is anticipated to spur more activity. Meanwhile, regulatory scrutiny continues globally, with firms withdrawing UK registration bids and the US targeting crypto in tax clampdowns, creating a mixed sentiment. Institutional interest remains a key driver, with Valkyrie raising funds for a Bitcoin ETF, signaling ongoing long-term bullish potential.

Market Probabilities: 
Bull 45% | Base 35% | Bear 20%

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