News: Bitcoin experienced a slight dip to $11.5K, breaking below key moving averages, indicating short-term bearish sentiment. However, positive long-term signals persist, including the confirmation of crypto-friendly SEC Commissioner Hester Peirce, regulatory approval for Binance USD in New York, and the continued growth of DeFi. Institutional interest remains a strong underlying driver, with new data products and ETP listings on the horizon.

Market Probabilities: 
Bull 45% | Base 40% | Bear 15%

Recommendations: 
Short-term: HOLD
Long-term: BUY
{"sentiment": "bullish", "price_direction": "up", "impact_strength": "medium", "timeframe": "medium_term", "confidence": 0.525, "key_reason": "Square's strong earnings, driven by Bitcoin revenue, signals increasing mainstream adoption of crypt"}