News: Bitcoin shows resilience, holding above $3,600 while other major currencies experience pullbacks, suggesting short-term strength. However, broader market concerns like potential Indian regulatory tightening and global economic volatility (indicated by oil and gold forecasts) present headwinds. Institutional sentiment remains cautiously optimistic with endorsements from figures like Mike Novogratz and research firms like Fundstrat predicting incremental improvements.

Market Probabilities: 
Bull 45% | Base 35% | Bear 20%

Recommendations: 
Short-term: HOLD
Long-term: BUY
{"sentiment": "bullish", "price_direction": "up", "impact_strength": "low", "timeframe": "medium_term", "confidence": 0.525, "key_reason": "A bearish prediction from a major financial institution like JP Morgan can significantly impact mark"}