News: Bitcoin is consolidating around the $63,500 support level, with mixed signals from the market. The SEC's rejection of the VanEck spot ETF is a short-term bearish catalyst, while the upcoming Taproot upgrade is a long-term bullish factor. Institutional adoption continues with major banks offering custody services, and companies like AMC accepting crypto payments, indicating growing mainstream integration. However, negative earnings from crypto firms like Bakkt and potential regulatory changes like the wash sale rule add to the uncertainty.

Market Probabilities: 
Bull 45% | Base 35% | Bear 20%

Recommendations: 
Short-term: HOLD
Long-term: BUY
{"sentiment": "bullish", "price_direction": "up", "impact_strength": "low", "timeframe": "medium_term", "confidence": 0.525, "key_reason": "The CEO's statement reflects a growing institutional view of crypto as a mainstream asset class. Thi"}