News: Bitcoin ETFs continue to see strong inflows, with BlackRock's IBIT ranking among the top ETFs for 2024, indicating sustained institutional interest. Cathie Wood's commentary reinforces the narrative of Bitcoin substituting gold as a store of value. However, macroeconomic factors are creating headwinds, with strong economic data and hawkish Fed comments suggesting delayed rate cuts, which could dampen risk appetite. Miner selling ahead of the halving is also noted as a potential price cap. Coinbase faces potential revenue risks from lower ETF fees, while MicroStrategy continues to accumulate Bitcoin.

Market Probabilities: 
Bull 45% | Base 35% | Bear 20%

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