News: The cryptocurrency market is showing signs of continued weakness, with Bitcoin trading below $8,500 and facing potential downside risk according to technical analysis. Regulatory news is mixed, with positive developments in France regarding ICO regulations potentially attracting startups, while Twitter's ban on crypto ads adds to a growing list of platforms restricting promotions. Major exchanges like Huobi are making compliance moves in the US, indicating a push for regulated growth. However, the overall sentiment remains cautious due to the ongoing market slump and geopolitical trade concerns impacting broader markets.

Market Probabilities: 
Bull 30% | Base 40% | Bear 30%

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