News: Bitcoin experienced a volatile day, briefly climbing back above $50,000 after a weekend correction, but then slipping back into the high $40,000s amid market indecision. Key developments include CBOE seeking SEC approval for a Bitcoin ETF and Goldman Sachs restarting its crypto trading desk, both bullish signals. However, uncertainty remains around potential SEC regulations under Gary Gensler. The decreasing liquid supply of Bitcoin, coupled with strong institutional interest, continues to support a bullish long-term outlook, while short-term price action is influenced by ETF developments and regulatory news.

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

Recommendations: 
Short-term: BUY
Long-term: BUY
{"sentiment": "bullish", "price_direction": "up", "impact_strength": "high", "timeframe": "medium_term", "confidence": 0.675, "key_reason": "The confluence of BNY Mellon's custody services and Mastercard's payment integration provided strong"}