News: Bitcoin experienced a notable pullback, dropping around 6% due to concerns over a new COVID-19 strain and a strengthening dollar, which impacted broader markets. Despite this short-term bearish pressure, long-term bullish sentiment remains strong, evidenced by continued institutional inflows and significant corporate treasury additions like MicroStrategy's latest purchase. Key developments include Square's Cash App integrating Bitcoin cashback and SkyBridge Capital launching a Bitcoin fund, signaling ongoing adoption and infrastructure development.

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

Recommendations: 
Short-term: HOLD
Long-term: BUY
{"sentiment": "bullish", "price_direction": "up", "impact_strength": "high", "timeframe": "medium_term", "confidence": 0.575, "key_reason": "The consistent and record-breaking inflows into crypto funds demonstrate robust institutional appeti"}