News: Bitcoin experienced a significant pullback, dropping below $23,000 as higher-than-expected US inflation data (PPI) reignited fears of aggressive Federal Reserve rate hikes. This macro concern led to a broader risk-off sentiment, impacting equities and most cryptocurrencies. However, the emergence of Bitcoin Ordinals as a new use case and the resilience shown by Bitcoin despite a technical 'death cross' suggest underlying strength. Institutional interest remains a key factor, with MicroStrategy continuing its capital raising efforts.

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

Recommendations: 
Short-term: HOLD
Long-term: BUY
{"sentiment": "neutral", "price_direction": "up", "impact_strength": "low", "timeframe": "medium_term", "confidence": 0.525, "key_reason": "The events of 2022, particularly the FTX collapse and broader macroeconomic pressures, have fundamen"}