News: Bitcoin is showing strong recovery signs, nearly doubling from its February low, driven by positive regulatory sentiment from South Korea and Wyoming's pro-blockchain legislation. Major exchanges like Coinbase and Bitfinex adopting SegWit further enhance Bitcoin's utility. However, broader market weakness in traditional stocks and negative sentiment from major platforms like Facebook banning crypto ads present counterbalancing forces.

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

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