News: Bitcoin experienced a significant price drop, falling below $8,000 and showing bearish short-term indicators, with some traders anticipating further declines. However, positive long-term developments include institutional interest via E*Trade and Whole Foods accepting Bitcoin, alongside progress in scaling solutions like the Lightning Network. Regulatory news remains mixed, with the SEC delaying ETF decisions but suggesting Ethereum might be viewed as a currency.

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

Recommendations: 
Short-term: HOLD
Long-term: BUY
{"sentiment": "bullish", "price_direction": "up", "impact_strength": "medium", "timeframe": "medium_term", "confidence": 0.5, "key_reason": "The consensus among crypto experts regarding Bitcoin's upward price potential, citing major market d"}