News: The long-term outlook for Bitcoin remains bullish, supported by continued institutional inflows into ETFs, positive macroeconomic indicators like Fed rate cut expectations, and growing adoption narratives. Key developments include the SEC approving options trading for Bitcoin ETFs, enhancing market infrastructure. Short-term signals are mixed, with positive sentiment from investor endorsements and high options open interest, but tempered by concerns over crypto security breaches and competition from altcoins. The upcoming U.S. Presidential election adds a layer of political uncertainty that could influence short-term price action.

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": 0.575, "key_reason": "Tesla's large Bitcoin holdings make any significant movement of these assets a market-moving event. "}