News: Bitcoin experienced a significant surge over the weekend, driven by China's strong endorsement of blockchain technology, pushing prices towards $10,350. While this has created bullish momentum, Bitcoin has since retreated to the mid-$9,000s, indicating resistance at higher levels. The market remains sensitive to geopolitical events and regulatory developments, with institutional interest showing signs of growth through new ETPs and IPO filings.

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

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