News: Bitcoin experienced a volatile day, dipping below $58,000 due to a pause in institutional buying and ongoing Mt. Gox distribution fears, but showed resilience with inflows into digital asset products. Political uncertainty surrounding the US election, particularly the rising odds of a Kamala Harris presidency, is creating bearish sentiment, with analysts suggesting a higher likelihood of a $5K price drop. Conversely, a historic low in Bitcoin held on exchanges signals strong hodling sentiment, potentially paving the way for a price spike. The lack of crypto mentions in the Musk-Trump interview had a muted impact.

Market Probabilities: 
Bull 40% | Base 30% | Bear 30%

Recommendations: 
Short-term: HOLD
Long-term: BUY
{"sentiment": "bullish", "price_direction": "up", "impact_strength": "low", "timeframe": "medium_term", "confidence": 0.5, "key_reason": "Significant and sustained inflows into spot Bitcoin ETFs demonstrate strong institutional demand. Th"}