News: The market is showing signs of a potential short-term reversal with Bitcoin experiencing its largest single-day gain since April, pushing prices back above $4,000. This positive price action is bolstered by significant institutional news, including Nasdaq's planned launch of new Bitcoin futures in early 2019 and NYSE Chairman Jeff Sprecher's confident outlook on crypto's longevity. On the regulatory front, Ohio's move to accept crypto for tax payments is a notable step towards mainstream adoption. However, bearish sentiment persists with some analysts predicting further price drops, and US regulatory actions like blacklisting Bitcoin addresses for ransomware activities add a layer of caution.

Market Probabilities: 
Bull 55% | Base 30% | Bear 15%

Recommendations: 
Short-term: BUY
Long-term: BUY
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