News: Bitcoin experienced a significant rally, breaking past $28,000 and even touching $30,000, driven by a surge of institutional interest and positive developments regarding potential spot Bitcoin ETFs. Major financial institutions like Fidelity, Schwab, and Citadel launched a new exchange (EDX Markets), while Deutsche Bank applied for a crypto custody license. Fed Chair Powell also acknowledged Bitcoin's 'staying power.' These factors collectively point to increased institutional adoption and a more favorable regulatory outlook, boosting overall market sentiment.

Market Probabilities: 
Bull 70% | Base 20% | Bear 10%

Recommendations: 
Short-term: BUY
Long-term: BUY
{"sentiment": "bullish", "price_direction": "up", "impact_strength": "medium", "timeframe": "medium_term", "confidence": 0.75, "key_reason": "The launch of EDX Markets, backed by major TradFi players, signifies a significant step towards inst"}