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Yahoo Finance's Markets Reoporter Jared wing is feigning an "emergency" providing insights into what's driving the rally. For more expert insight and the latest market action, click and bitcoin could continue rallying this year, Standard Chartered said.

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Machine learning and AI: This method uses algorithms and statistical models to analyze large amounts of data and make predictions about future price movements. The gold price in Colombian Peso dropped by 1. Technical analysis: This method uses past price and volume data to try to identify patterns that can indicate future price movements.