News: Bitcoin's price action remains choppy, trading below $66,000 as rising Treasury yields and uncertainty surrounding Fed rate cuts weigh on sentiment. While stablecoin expansion indicates continued capital inflow into the crypto market, the potential for large Bitcoin transfers from seized assets introduces short-term supply concerns. The launch of leveraged Bitcoin ETFs and increased ETF trading volumes in March suggest ongoing investor engagement, but mixed economic data and outflows from some ETFs point to a cautious short-term outlook. The upcoming jobs report will be a key catalyst for market direction.

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

Recommendations: 
Short-term: HOLD
Long-term: BUY
{"sentiment": "bullish", "price_direction": "up", "impact_strength": "medium", "timeframe": "medium_term", "confidence": 0.525, "key_reason": "MicroStrategy's consistent and substantial Bitcoin purchases reinforce its role as a corporate Bitco"}