News: Bitcoin is showing signs of short-term bearishness, trading below its 200-day EMA and making lower highs, with key support levels being tested. However, longer-term bullish catalysts remain, including institutional interest via Bakkt and ETF filings, and growing retail adoption through platforms like Square. Regulatory scrutiny on Bitcoin ATMs presents a short-term headwind, while positive developments in mining infrastructure and ecosystem funding offer underlying support.

Market Probabilities: 
Bull 40% | Base 40% | Bear 20%

Recommendations: 
Short-term: HOLD
Long-term: BUY
{"sentiment": "neutral", "price_direction": "up", "impact_strength": "low", "timeframe": "medium_term", "confidence": 0.5, "key_reason": "A sustained increase in Bakkt volumes indicates growing institutional participation, which is a sign"}