News: Bitcoin and major cryptocurrencies experienced a downturn today, with Bitcoin falling below $48,000, driven by concerns over rising US inflation (6.8% in November) and the potential for accelerated Federal Reserve tapering. Despite inflation often being cited as a bullish narrative for Bitcoin, the market appears more sensitive to the prospect of tighter monetary policy. The hashrate recovery and ongoing institutional interest in crypto funds provide some underlying support, but short-term sentiment is bearish due to macroeconomic headwinds and Omicron variant fears.

Market Probabilities: 
Bull 30% | Base 40% | Bear 30%

Recommendations: 
Short-term: SELL
Long-term: BUY
{"sentiment": "neutral", "price_direction": "up", "impact_strength": "medium", "timeframe": "medium_term", "confidence": 0.525, "key_reason": "Increased institutional interest and potential integration of stablecoins into traditional banking s"}