News: Bitcoin experienced a notable price slide, hitting a 70-day low below $6.5K, indicating bearish short-term momentum. This decline occurred despite some positive news like Coinbase listing Ethereum Classic and a rebound in Bitcoin's price later in the day. However, negative sentiment was amplified by news of regulatory actions against a LocalBitcoins trader and Colombian banks shutting down Buda.com accounts, highlighting ongoing challenges with regulatory compliance and banking relationships. Macroeconomic factors like rising inflation and discussions around Central Bank Digital Currencies (CBDCs) add to the complex market environment, while tech sector news like Tesla layoffs also contributed to a cautious overall market sentiment.

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

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