News: Bitcoin's price action remains a key focus, with a recent pullback creating short-term volatility. However, the long-term outlook remains bullish, driven by strong institutional interest, particularly the anticipation of spot Bitcoin ETF approvals, with firms like VanEck projecting significant inflows. Macroeconomic factors, such as a weakening dollar and potential Fed rate pauses, also support a positive sentiment. While regulatory scrutiny, exemplified by Senator Warren's bill, presents a short-term risk, the overall trend points towards increasing adoption and integration of Bitcoin into traditional finance.

Market Probabilities: 
Bull 60% | Base 30% | Bear 10%

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