News: Bitcoin is trading above $8,300, with some experts predicting an imminent bull run. However, low trading volumes suggest potential for a short-term pullback, indicating a possible bull trap. Regulatory news from Binance restricting U.S. users could impact liquidity, while Bakkt's upcoming futures contract testing remains a key institutional development. Bitcoin's performance as a hedge against trade war tensions is also a positive short-term driver.

Market Probabilities: 
Bull 50% | Base 30% | Bear 20%

Recommendations: 
Short-term: HOLD
Long-term: BUY
{"sentiment": "bullish", "price_direction": "up", "impact_strength": "low", "timeframe": "medium_term", "confidence": 0.55, "key_reason": "Institutional adoption through regulated entities like ICE is a significant long-term bullish signal"}