News: Bitcoin has surged past $40,000 and the $1 trillion market cap, driven by strong institutional buying and continued retail interest, as evidenced by platforms like eToro seeing record demand. However, potential short-term headwinds exist, including difficulties for retail investors to access Bitcoin and a JPMorgan warning that a potential Bitcoin ETF could draw capital from GBTC. Analysts also caution about a possible 50% price correction despite the bullish momentum. Miner revenues are up significantly, indicating network health.

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

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