News: Bitcoin is showing resilience, inching towards $9,000 despite ongoing regulatory concerns from Asia, particularly South Korea's consideration of stricter exchange rules. The announcement of a Litecoin fork is creating uncertainty and price pressure for LTC. Meanwhile, the potential for government-issued cryptocurrencies and the formation of UK crypto trade bodies suggest evolving regulatory landscapes. Institutional interest, evidenced by Peter Thiel's investment, continues to be a long-term bullish factor, but broader macro trends like a strengthening dollar and rising rates pose a bearish headwind.

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": "Potential bans in major Asian markets like China and South Korea represent a significant regulatory "}