News: Bitcoin continues its sharp decline, falling below $4,000 to a new yearly low, reflecting significant bearish sentiment driven by macroeconomic concerns and a lack of retail adoption. Major stock markets are also plummeting, indicating a strong correlation with broader financial instability. While some oversold conditions might suggest a temporary bounce, expert predictions point to further downside, with a potential bottom around $3,000.

Market Probabilities: 
Bull 15% | Base 35% | Bear 50%

Recommendations: 
Short-term: SELL
Long-term: HOLD
{"sentiment": "bearish", "price_direction": "down", "impact_strength": "medium", "timeframe": "medium_term", "confidence": 0.625, "key_reason": "Breaking below the significant $4,000 psychological level and hitting a 420-day low signifies extrem"}