News: Bitcoin is trading flat as global central banks prepare to scrutinize Facebook's Libra project, introducing regulatory uncertainty. Meanwhile, the Bitcoin network's hash rate has hit a new all-time high, indicating robust miner confidence and infrastructure growth. Developments like Binance launching a NYDFS-backed stablecoin and Sparkswap adding USD support to its Lightning Network exchange suggest progress in regulated on-ramps and scaling solutions. However, the market remains in consolidation, with mixed signals from altcoin analyses and a lack of strong directional momentum.

Market Probabilities: 
Bull 40% | Base 40% | Bear 20%

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