News: Bitcoin experienced significant volatility, dropping below $20,000 and then recovering above it, indicating a potential short-term bounce driven by retail interest and short-covering. However, broader macroeconomic concerns about inflation and recession persist, contributing to an overall bearish sentiment. The market is closely watching for further Fed commentary and economic data that could influence the direction of risk assets.

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

Recommendations: 
Short-term: HOLD
Long-term: HOLD
{"sentiment": "bullish", "price_direction": "sideways", "impact_strength": "high", "timeframe": "medium_term", "confidence": 0.5, "key_reason": "Fidelity's entry into offering Bitcoin in 401(k)s represents a significant institutional adoption ca"}