News: Bitcoin experienced a mixed day, trading within a range as markets awaited the Federal Reserve's policy decision and President Biden's address. While some technical indicators suggested a potential short-term bullish continuation, resistance at $56,000 capped immediate gains. News of institutional adoption, such as Nexon's $100M Bitcoin purchase and expansion in mining hardware orders, provided underlying support. However, concerns over potential capital gains tax hikes and a strengthening dollar introduced a bearish undertone. The overall sentiment remains cautiously optimistic, with key macro events likely to dictate short-term price action.

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

Recommendations: 
Short-term: HOLD
Long-term: BUY
{"sentiment": "bullish", "price_direction": "up", "impact_strength": "medium", "timeframe": "medium_term", "confidence": 0.525, "key_reason": "The integration of crypto trading into a widely used payment app like Venmo significantly lowers the"}