News: Bitcoin is showing resilience, trading above $29,000 following the Federal Reserve's 25 basis point rate hike. The market is interpreting the Fed's signal of a potential pause in future hikes as a bullish indicator. Strong retail adoption figures from Block's Cash App further support positive sentiment. However, ongoing banking sector concerns and regulatory scrutiny, such as the CFTC lawsuit against Binance, continue to introduce uncertainty. Meme coin activity, like PEPE's surge, highlights speculative interest but is less indicative of Bitcoin's fundamental direction.

Market Probabilities: 
Bull 60% | Base 30% | Bear 10%

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