News: The crypto market is experiencing a significant bullish surge today, with Bitcoin breaking past $3,700 and leading a broader rally. This positive momentum is supported by reports of increasing investor optimism and the potential for lower mortgage rates to drive investment. However, ongoing regulatory uncertainties, such as the predicted denial of a Bitcoin ETF in 2019, and concerns about blockchain's systemic risk from traditional finance institutions, present long-term headwinds. Short-term, the market appears to be recovering from recent lows, with key exchanges like Bitfinex experiencing brief outages amidst the activity.

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

Recommendations: 
Short-term: BUY
Long-term: BUY
{"sentiment": "bullish", "price_direction": "up", "impact_strength": "medium", "timeframe": "medium_term", "confidence": 0.675, "key_reason": "The strong upward price movement for Bitcoin, breaking key resistance levels and triggering a wider "}