News: Bitcoin has surged past the $50,000 mark, driven by strong inflows into spot Bitcoin ETFs and anticipation of the upcoming halving event. This bullish momentum is supported by significant institutional investment, such as Peter Thiel's Founders Fund. However, hotter-than-expected US inflation data has introduced some short-term bearish pressure, causing a dip in Bitcoin and broader market indices, and tempering expectations for immediate Fed rate cuts. The market is now closely watching upcoming economic indicators for further direction.

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

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