News: The market sentiment remains predominantly bearish, with Bitcoin prices dropping due to Russia's push for global crypto regulation via the FATF. Broader market weakness, driven by tech stock sell-offs and ongoing US-China trade tensions, further dampens risk appetite. However, positive developments like Coinbase securing significant funding and Goldman Sachs preparing to launch a Bitcoin trading product offer glimmers of institutional confidence and potential for future adoption, creating a mixed short-term outlook.

Market Probabilities: 
Bull 30% | Base 40% | Bear 30%

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