News: Bitcoin experienced a slight pullback, consolidating around $10,700 after a recent rally. However, positive sentiment is building around the upcoming Bakkt launch, which is expected to attract institutional investors and provide a significant bullish catalyst. Meanwhile, economic instability in Argentina is driving demand for Bitcoin as a hedge. On the altcoin front, Ethereum's price is struggling, and Huobi's expansion into DeFi could offer some support. Overall, the short-term outlook remains cautiously optimistic, with key events like the Bakkt launch on the horizon.

Market Probabilities: 
Bull 55% | Base 35% | Bear 10%

Recommendations: 
Short-term: BUY
Long-term: BUY
{"sentiment": "bullish", "price_direction": "up", "impact_strength": "low", "timeframe": "medium_term", "confidence": 0.6000000000000001, "key_reason": "The development of a digital currency by China's central bank represents a significant institutional"}