News: Bitcoin faced downward pressure, mirroring a broader sell-off in US equities driven by inflation and Fed policy concerns. Regulatory headwinds intensified as Democrats targeted crypto mining's environmental impact, while the SEC continued to reject spot Bitcoin ETF proposals. However, positive developments included institutional investment in mining infrastructure and symbolic crypto adoption by NYC's mayor, alongside technical indicators suggesting a potential Bitcoin breakout. MicroStrategy's CEO reiterated a strong 'hold' stance, providing some support.

Market Probabilities: 
Bull 35% | Base 40% | Bear 25%

Recommendations: 
Short-term: HOLD
Long-term: BUY
{"sentiment": "neutral", "price_direction": "up", "impact_strength": "low", "timeframe": "medium_term", "confidence": 0.5, "key_reason": "The creation of a Bitcoin City represents a bold, long-term experiment in national Bitcoin adoption."}