News: The market sentiment appears cautiously optimistic, with several long-term indicators pointing towards potential growth, including institutional interest highlighted by Fidelity's research and Bakkt's infrastructure development. Short-term, positive retail adoption signals from Square and Litecoin's recovery are encouraging. However, regulatory scrutiny in Japan and the ongoing impact of the Bitfinex/Tether allegations remain key concerns. China's potential mining ban adds a layer of uncertainty to the mining landscape.

Market Probabilities: 
Bull 55% | Base 35% | Bear 10%

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