News: Bitcoin experienced a notable surge past $37,000, largely driven by the election of a crypto-friendly president in Argentina. This positive macroeconomic development, coupled with continued inflows into digital asset investment products and narrowing discounts on trusts like GBTC, paints a bullish short-term picture. However, the SEC's delay in approving spot Bitcoin ETFs introduced a note of caution, causing a slight retracement. Institutional adoption signals, such as Santander offering crypto trading, remain a strong long-term positive.

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

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