News: Bitcoin is showing resilience, holding above $19,000 despite global macroeconomic headwinds and a decline in equity markets. Long-term holders appear to be accumulating, with significant Bitcoin outflows from exchanges. However, miners are offloading reserves, hitting multi-year lows, which could increase selling pressure. Regulatory news, such as the SEC fining Kim Kardashian for crypto promotion, reinforces the need for compliance. The market is also drawing comparisons to past periods of consolidation that preceded sharp declines, adding to short-term uncertainty.

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

Recommendations: 
Short-term: HOLD
Long-term: BUY
{"sentiment": "neutral", "price_direction": "up", "impact_strength": "medium", "timeframe": "medium_term", "confidence": 0.5, "key_reason": "Persistent high inflation and continued aggressive interest rate hikes by the Federal Reserve create"}