News: Bitcoin remains range-bound, indicating market indecision, with technicals suggesting a potential short-term downside. However, positive developments in institutional infrastructure, such as Nasdaq's Quandl adding crypto data and Metaco securing custody insurance via Aon, provide long-term bullish signals. The addition of a new Bitcoin Core maintainer is a positive for protocol development. Meanwhile, regulatory monitoring in the Philippines and potential cost increases for miners in Iran and Russia introduce minor uncertainties.

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": 0.575, "key_reason": "The Bitfinex situation raises significant concerns about market integrity and regulatory oversight. "}