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You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['Bitcoin , BTC to USD, fell by 6.17% on Saturday. Reversing a 0.35% gain from Friday, Bitcoin ended the day at $46,844.0. A mixed start to the day saw Bitcoin rise to an early morning intraday high $50,737.0 before hitting reverse. While falling short of the first major resistance level at $51,332, Bitcoin broke through the 23.6% FIB of $50,473. The reversal saw Bitcoin slide back through the 23.6% FIB to a final hour intraday low $46,644.0. Bitcoin also fell through the first major support level at $48,967 and the second major support level at $47,469. The near-term bullish trend remained intact in spite of the latest slide back to sub-$47,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $27,237 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was a mixed day on Saturday. Cardano’s ADA rallied by 8.24%, with Ripple’s XRP gaining 6.22% to buck the trend on the day. It was a bearish day for the rest of the majors, however. Chainlink slid by 11.04% to lead the way down. Binance Coin (-6.61%), Bitcoin Cash SV (-8.54%), Ethereum (-10.56%), and Litecoin (-8.07%) also struggled. Crypto.com Coin (-4.53%) and Polkadot (-3.07%) saw relatively modest losses on the day. In the current week, the crypto total market rose to a Wednesday high $2,577bn before sliding to an early Thursday low $1,965bn. At the time of writing, the total market cap stood at $2,162bn. Bitcoin’s dominance rose to a Monday high 46.90% before falling to a Saturday low 40.04%. At the time of writing, Bitcoin’s dominance stood at 40.88%. This Morning At the time of writing, Bitcoin was up by 1.08% to $47.352.0. A mixed start to the day saw Bitcoin fall to an early morning low $46,500.0 before rising to a high $47,429.0. Bitcoin left the major support and resistance levels untested early on. Elsewhere, it was a mixed start to the day. Crypto.com Coin was down by 3.24% to buck the trend at the start of the day. It was a bullish start for the rest of the majors, however. Story continues At the time of writing, Ethereum was up by 5.78% to lead the way. For the Bitcoin Day Ahead Bitcoin would need to move through the pivot level at $48,075 to support a run at the first major resistance level at $49,506 and the 23.6% FIB of $50,473. Support from the broader market would be needed for Bitcoin to break back through to $50,000 levels. Barring an extended crypto rally, the first major resistance level and Saturday’s high $50,737.0 would likely cap any upside. In the event of an extended crypto rally, Bitcoin could test resistance at $53,000 before any pullback. The second major resistance level sits at $52,168. Failure to move through the pivot at $48,075 would bring the first major support level at $45,413 into play. Barring another extended sell-off on the day, Bitcoin should steer clear of the 38.2% FIB of $41,592. The second major support level at $43,982 should limit the downside. This article was originally posted on FX Empire More From FXEMPIRE: Ethereum, Litecoin, and Ripple’s XRP – Daily Tech Analysis – May 15th, 2021 Natural Gas Price Prediction – Prices Fail at Resistance Despite Rig Count Natural Gas Weekly Price Forecast – Natural Gas Markets Continue to Show Hesitation The Crypto Daily – Movers and Shakers – May 16th, 2021 The Crypto Daily – Movers and Shakers – May 15th, 2021 Natural Gas Price Forecast – Natural Gas Markets Pull Back From Same Level', 'Bitcoin, BTC to USD, fell by 6.17% on Saturday. Reversing a 0.35% gain from Friday, Bitcoin ended the day at $46,844.0.\nA mixed start to the day saw Bitcoin rise to an early morning intraday high $50,737.0 before hitting reverse.\nWhile falling short of the first major resistance level at $51,332, Bitcoin broke through the 23.6% FIB of $50,473.\nThe reversal saw Bitcoin slide back through the 23.6% FIB to a final hour intraday low $46,644.0.\nBitcoin also fell through the first major support level at $48,967 and the second major support level at $47,469.\nThe near-term bullish trend remained intact in spite of the latest slide back to sub-$47,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $27,237 to form a near-term bearish trend.\nAcross the rest of the majors, it was a mixed day on Saturday.\nCardano’s ADArallied by 8.24%, withRipple’s XRPgaining 6.22% to buck the trend on the day.\nIt was a bearish day for the rest of the majors, however.\nChainlinkslid by 11.04% to lead the way down.\nBinance Coin(-6.61%),Bitcoin Cash SV(-8.54%),Ethereum(-10.56%), andLitecoin(-8.07%) also struggled.\nCrypto.com Coin(-4.53%) and Polkadot (-3.07%) saw relatively modest losses on the day.\nIn the current week, the crypto total market rose to a Wednesday high $2,577bn before sliding to an early Thursday low $1,965bn. At the time of writing, the total market cap stood at $2,162bn.\nBitcoin’s dominance rose to a Monday high 46.90% before falling to a Saturday low 40.04%. At the time of writing, Bitcoin’s dominance stood at 40.88%.\nAt the time of writing, Bitcoin was up by 1.08% to $47.352.0. A mixed start to the day saw Bitcoin fall to an early morning low $46,500.0 before rising to a high $47,429.0.\nBitcoin left the major support and resistance levels untested early on.\nElsewhere, it was a mixed start to the day.\nCrypto.com Coin was down by 3.24% to buck the trend at the start of the day.\nIt was a bullish start for the rest of the majors, however.\nAt the time of writing, Ethereum was up by 5.78% to lead the way.\nBitcoin would need to move through the pivot level at $48,075 to support a run at the first major resistance level at $49,506 and the 23.6% FIB of $50,473.\nSupport from the broader market would be needed for Bitcoin to break back through to $50,000 levels.\nBarring an extended crypto rally, the first major resistance level and Saturday’s high $50,737.0 would likely cap any upside.\nIn the event of an extended crypto rally, Bitcoin could test resistance at $53,000 before any pullback. The second major resistance level sits at $52,168.\nFailure to move through the pivot at $48,075 would bring the first major support level at $45,413 into play.\nBarring another extended sell-off on the day, Bitcoin should steer clear of the 38.2% FIB of $41,592. The second major support level at $43,982 should limit the downside.\nThisarticlewas originally posted on FX Empire\n• Ethereum, Litecoin, and Ripple’s XRP – Daily Tech Analysis – May 15th, 2021\n• Natural Gas Price Prediction – Prices Fail at Resistance Despite Rig Count\n• Natural Gas Weekly Price Forecast – Natural Gas Markets Continue to Show Hesitation\n• The Crypto Daily – Movers and Shakers – May 16th, 2021\n• The Crypto Daily – Movers and Shakers – May 15th, 2021\n• Natural Gas Price Forecast – Natural Gas Markets Pull Back From Same Level', "(Reuters) - Bitcoin rose 5.63 % to $49,337.72 by 0800 GMT on Sunday, adding $2,628.83 to its previous close. Bitcoin, the world's biggest and best-known cryptocurrency is up 77.9% from the year's low of $27,734 on Jan. 4, and down 24% from the year's high of $64,895.22 hit on April 14. Ether, the coin linked to the ethereum blockchain network, rose 6.1 % to $3,868.42 by 0800 GMT on Sunday, adding $222.41 to its previous close. (Reporting by Vishal Vivek in Bengaluru; Editing by David Clarke)", "(Reuters) - Bitcoin rose 5.63 % to $49,337.72 by 0800 GMT on Sunday, adding $2,628.83 to its previous close. Bitcoin, the world's biggest and best-known cryptocurrency is up 77.9% from the year's low of $27,734 on Jan. 4, and down 24% from the year's high of $64,895.22 hit on April 14. Ether, the coin linked to the ethereum blockchain network, rose 6.1 % to $3,868.42 by 0800 GMT on Sunday, adding $222.41 to its previous close. (Reporting by Vishal Vivek in Bengaluru; Editing by David Clarke)", "(Reuters) - Bitcoin rose 5.63 % to $49,337.72 by 0800 GMT on Sunday, adding $2,628.83 to its previous close. Bitcoin, the world's biggest and best-known cryptocurrency is up 77.9% from the year's low of $27,734 on Jan. 4, and down 24% from the year's high of $64,895.22 hit on April 14. Ether, the coin linked to the ethereum blockchain network, rose 6.1 % to $3,868.42 by 0800 GMT on Sunday, adding $222.41 to its previous close. (Reporting by Vishal Vivek in Bengaluru; Editing by David Clarke)", 'Investors have been increasingly viewing cryptocurrency-related stocks as an attractive investment theme. While cryptocurrencies are decentralized, investing in crypto stocks is a centralized way of exposure to the crypto space. The long-term outlook seems attractive for cryptocurrency stocks, and one player in particular that deserves a mention is Marathon Digital ( MARA ). At the beginning of the year, MARA stock was trading at $10.40. As Bitcoin surged, the stock touched a high of $56.60. Since then, profit booking and some correction in Bitcoin has taken the stock lower to current levels of around $23. As such, it seems that Marathon Digital stock is undervalued. It is important to understand that as a Bitcoin miner, the company’s prospects depend on the price trend for the cryptocurrency. Amid intermediate corrections, it seems probable that Bitcoin will remain in an uptrend. Reasons for this include the wider adoption of the cryptocurrency and the limited supply of 21 million Bitcoins. For Q1 2021, Coinbase reported $215 billion in trading volume and $122 billion in assets on platform from over 8,000 institutional customers. Its retail trade volume in the period was 120 billion. This is an indication of the broad-based adoption of the cryptocurrency from retail as well as institutional investors. That bodes well for Marathon Digital, and thus, the company is well positioned to benefit if Bitcoin prices surge. ( See Marathon Digital stock analysis on TipRanks ) Heralding Strong Growth in Revenue Over the next two years, Marathon Digital is positioned for strong revenue and cash flow growth. Putting things into perspective, the company had **Last 60 Days of Bitcoin's Closing Prices:** [58870.89, 57858.92, 58346.65, 58313.64, 57523.42, 54529.14, 54738.95, 52774.27, 51704.16, 55137.31, 55973.51, 55950.75, 57750.20, 58917.69, 58918.83, 59095.81, 59384.31, 57603.89, 58758.55, 59057.88, 58192.36, 56048.94, 58323.95, 58245.00, 59793.23, 60204.96, 59893.45, 63503.46, 63109.70, 63314.01, 61572.79, 60683.82, 56216.18, 55724.27, 56473.03, 53906.09, 51762.27, 51093.65, 50050.87, 49004.25, 54021.75, 55033.12, 54824.70, 53555.11, 57750.18, 57828.05, 56631.08, 57200.29, 53333.54, 57424.01, 56396.52, 57356.40, 58803.78, 58232.32, 55859.80, 56704.57, 49150.54, 49716.19, 49880.54, 46760.19] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2021-05-16 **Financial & Commodity Data:** - Gold Closing Price: $1837.90 - Crude Oil Closing Price: $65.37 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $877,870,227,459 - Hash Rate: 164348929.98192218 - Transaction Count: 219435.0 - Unique Addresses: 604353.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.20 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: The main indicators of on-chain analysis are reaching important areas of support today. On the one hand, their maintenance will be crucial for the consistency of the long-term bull market, and on the other hand, they give hidden signals to a potential increase in BTC price. In today’s analysis, we look at four on-chain indicators: NUPL, MVRV Z-Score, UTXOs in profit, and aSOPR. All this in view of the bearish price action of bitcoin, which reached an important support area today. BTC hits 21 EMA Last week, the price of bitcoin (BTC) made another attempt to break above the $60,000 level between May 8 and May 10. However, the area strongly rejected price action and led to a sharp drop in the following days. The short-term downtrend resulted in a loss of $50,000 level and a low at $45,700. Bitcoin lost 23% of its value in just four days. Currently, the price is trying to recover the lost $50,000 and generate a potentially bullish hammer candle . BTC Chart by Tradingview A very significant event today is hitting the weekly 21 EMA, which is currently at $46,600 (blue line). This line represents historic bull market support and has served as a rebound point many times in previous bitcoin cycles (blue arrows). Its maintenance is crucial for the integrity of the ongoing bull market. The fall below and the bearish retest was historically a strong signal of the end of a cycle (red arrows). BTC Chart by Tradingview The last time this line was touched was in early October 2020, just before the start of the biggest increases in this bull market. Today, bitcoin touches the weekly 21 EMA again. NUPL lowest in 2021 In the face of bitcoin’s key price action, it is worth looking at the behavior of some on-chain analysis indicators that can help determine where the main cryptocurrency is in the cycle. The first indicator is NUPL, which BeInCrypto wrote about last month . It is used to determine the total profit/loss for the circulating coins’ supply. Story continues The current value of this indicator is around 0.6. This is an important level that has served as resistance/support five times in the previous cycle. It was even hit during the mini-run in July 2019 when bitcoin peaked at $13,880. Net Unrealized Profit/Loss / Source: Glassnode Looking at the medium-term NUPL chart from the last 5 months, we can see that it currently records its lowest values in 2021. Interestingly, the indicator shows a hidden bullish divergence as its value decreases (red arrows) and the bitcoin price increases (blue arrows). Net Unrealized Profit/Loss / Source: Glassnode MVRV Z-Score is also the lowest in 2021 The second significant indicator is the MVRV Z-Score. It expresses the ratio between the difference between market capitalization and realized capitalization. In practice, it allows you to assess when bitcoin is over/undervalued relative to its “fair value.” In the long-term chart, we can see that the current value of MVRV Z-Score is around 3.3. This level also represented a minor area of resistance/support for the 2017 cycle. However, more importantly, it served as a short-term resistance during the bitcoin price action around December 2020. The main cryptocurrency then tried to break resistance from the historic ATH at $20,000. Today – with a price around $50,000 – we see a decline to the same level. MVRV Z-Score / Source: Glassnode In this year’s medium-term chart, we see a situation identical to the NUPL chart. The MVRV Z-Score has its lowest values in 2021 (red arrows), but the price of BTC is rising (blue arrows). This is an upward signal of hidden bullish divergence that usually leads to a trend continuation. MVRV Z-Score / Source: Glassnode On-chain support on UTXOs and aSOPR Two other indicators of on-chain analysis are touching important areas of support now – namely the percent of UTXOs in profit and aSOPR. The former expresses the percentage of UTXO whose price at creation time was lower than the current price. In other words, it allows you to estimate how many BTC addresses are making a profit. It turns out that this indicator has now fallen – for the second time in this run – to the area of 90%. This level was used as support five times in 2017. Each drop to this value was related to a local low on BTC price and provided a strong buy signal. Percent of UTXOs in Profit / Source: Glassnode Meanwhile, the medium-term aSOPR chart also shows an important reset level around one. If the graph of this indicator does not fall below the black line, it means that the average network user sells BTC at a profit. For the 2021 price action, it is already the fourth retest of this area. However, as long as it is above one, the integrity of the bull market is intact . Adjusted SOPR / Source: Glassnode Conclusion The four above-mentioned indicators of on-chain analysis reached important support areas, the maintenance of which was a signal for the continuation of the bull market in the past. Moreover, if you combine this with the fact that bitcoin has just hit the weekly 21 EMA – historic bull market support – then a strong continuation of uptrend can be expected. For BeInCrypto’s latest bitcoin (BTC) analysis, click here .... - Reddit Posts (Sample): [['u/thebitcoinmogul', 'Converting people from doge to bch', 130, '2021-05-16 00:15', 'https://www.reddit.com/r/btc/comments/nd9vuu/converting_people_from_doge_to_bch/', 'Everywhere I go, I only hear people talking about doge. Earlier today I was eating at my favorite Ramen restaurant and overheard some people next to us talking about their doge investment and how they know its going to 1 dollar. I asked them "excuse me but are you interested in crypto?" And they went on to tell me about how they made a ton already. I then asked them if they thought they could use it to buy goods, to which they said yes. I mentioned transaction fees and to my surprise they said they never noticed anything but they haven\'t tried sending any since they purchased. We did an experiment- they opened their wallets and sent doge back and forth once and saw roughly how much they lost. I then asked them to download the bitcoin.com wallet (since it\'s much better than using coinbase) and after helping them set up their keys on a freaking napkin, I sent them $5 in bch to show how little was lost. We ended up trading $20 bch for doge. I guess I\'m a doge holder too now, but this was fun as hell.', 'https://www.reddit.com/r/btc/comments/nd9vuu/converting_people_from_doge_to_bch/', 'nd9vuu', [['u/knowbodynows', 29, '2021-05-16 00:40', 'https://www.reddit.com/r/btc/comments/nd9vuu/converting_people_from_doge_to_bch/gy9hvq4/', 'Thedogecoinmogul taking one for the team. thank you for your service!', 'nd9vuu'], ['u/CDSagain', 13, '2021-05-16 00:44', 'https://www.reddit.com/r/btc/comments/nd9vuu/converting_people_from_doge_to_bch/gy9icxr/', 'Did that really happen ?', 'nd9vuu'], ['u/thebitcoinmogul', 22, '2021-05-16 00:55', 'https://www.reddit.com/r/btc/comments/nd9vuu/converting_people_from_doge_to_bch/gy9jjwv/', 'Yes it did, I like to be somewhat bold in scenarios like this because - its more fun to have strange and interesting interactions like this, ill probably never see them again, and I can talk about crypto with people if they are receptive.', 'nd9vuu'], ['u/thebitcoinmogul', 21, '2021-05-16 00:55', 'https://www.reddit.com/r/btc/comments/nd9vuu/converting_people_from_doge_to_bch/gy9jkwk/', 'It was a fun experience for all', 'nd9vuu'], ['u/Dinodanimal', 25, '2021-05-16 01:41', 'https://www.reddit.com/r/btc/comments/nd9vuu/converting_people_from_doge_to_bch/gy9omk9/', 'I respect the audacity to educate the ignorance of strangers.', 'nd9vuu']]], ['u/Epiphany79', 'Mathematically there is more ETH than ADA', 19, '2021-05-16 00:15', 'https://www.reddit.com/r/cardano/comments/nd9vv8/mathematically_there_is_more_eth_than_ada/', 'I just realized that there is more ETH than ADA. Hear me out.\n\nOne of the knocks I hear the most on ADA is that there\'s just "too much" ADA for it to thrive. As people can see now with Doge and other meme coins, the supply isn\'t outstripping popularity. There is about 32 billion ADA out there with a max 45 billion total ever. Let\'s say 45 for the sake of argument.\n\n45,000,000,000.000000 ADA\n\nNotice that after the decimal there are 6 zeros. That\'s important for later.\n\nCurrently there are about 115,886,000 ETH out there. Even though there are proposed deflationary methods (gas burns) that will reduce supply let\'s just round to 116 million.\n\n116,000,000.000000000000000000 ETH\n\nNotice all the zeros after the decimal? 18 to be exact. Are you getting the hint?\n\nETH is way more divisible for some odd reason. It never needed as many zeros as Bitcoin as it has way more supply. (There has to be some skimming method that is collecting all those decimals after the 8th or 9th digit, but that\'s another story.)\n\nLets see the two together:\n\n116,000,000.000000000000000000 ETH \n45,000,000,000.000000 ADA\n\nBecause ETH is more divisible, there is mathematically more units of ETH than ADA.\n\nHere\'s another way to look at it, with the decimals more in line.\n\n116,000,000.000000000000000000 ETH \n45,000,000,000.000000 ADA\n\nLet\'s see how practical this scales now with market cap. Say for some miraculous reason both ETH and ADA hit a high market cap of exactly say $2 trillion dollars each. First that\'d be amazing, second it gives us cleaner looking conversions based on possible future growth.\n\n$2T ETH @ 116M supply means 1 ETH would be $17,241.3793\n\n(I used more decimals for the USD just for less rounding ahead.)\n\nWith those numbers, $1 worth of ETH would be:\n\n0.000058000000034800 ETH = $1 USD\n\nLet\'s see Cardano. $2T ADA @ 45B supply means 1 ADA would be $44.444\n\nWith those numbers, $1 worth of ADA would be:\n\n0.022500 ADA = $1 USD\n\nSame market caps, lets see $1,000 USD\n\n0.058000000034800000 ETH = $1K USD \n22.500022 ADA = $1K USD\n\nAre you starting to see how much more practical the numbering is for ADA? All because they had the forethought that if/when crypto market caps immensely grow that a high supply of whole numbers is much easier to track.\n\nTL;DR\n\nADA has 17 digits in supply \nETH has 27', 'https://www.reddit.com/r/cardano/comments/nd9vv8/mathematically_there_is_more_eth_than_ada/', 'nd9vv8', [['u/677f729e00f5474b98', 15, '2021-05-16 00:16', 'https://www.reddit.com/r/cardano/comments/nd9vv8/mathematically_there_is_more_eth_than_ada/gy9f8vy/', 'Yup, its all smoke and mirrors, and the punters dont notice.', 'nd9vv8'], ['u/wanderingcryptowolf', 13, '2021-05-16 01:10', 'https://www.reddit.com/r/cardano/comments/nd9vv8/mathematically_there_is_more_eth_than_ada/gy9l8o5/', "This post is entirely incorrect. \n\n45b ADA \n116m ETH\n\nDo whatever you want with decimals. \n\nBut those two numbers don't change, and they are the numerical value used to determine the sum of market cap. \n\nThis is truly silly.\n\nEdit: downvote me all you like. Your post is factually incorrect. There is not more eth than Ada. If you believe there is, stay out of investing. And if you don't like any criticism or nullifying of your glorious hopium, you should also stay out of investing.", 'nd9vv8'], ['u/trembletimbers', 17, '2021-05-16 01:15', 'https://www.reddit.com/r/cardano/comments/nd9vv8/mathematically_there_is_more_eth_than_ada/gy9lree/', 'Nominal supply is completely meaningless.', 'nd9vv8'], ['u/SniffahScape', 12, '2021-05-16 02:11', 'https://www.reddit.com/r/cardano/comments/nd9vv8/mathematically_there_is_more_eth_than_ada/gy9rywl/', 'Thanks for taking your time and effort.', 'nd9vv8']]], ['u/Lucduboi', 'XRP will be more valuable than Bitcoin', 172, '2021-05-16 00:15', 'https://www.reddit.com/r/Ripple/comments/nd9w3r/xrp_will_be_more_valuable_than_bitcoin/', 'DD: Bitcoin takes to much electricity to produce, to run. Soon will be a thing in the past.\nWhereas XRP has been applied to 100 of banking apps around the world. It is growing too big and too big, that is why the SEC wanted to take a piece of this delicous cake. SEC doesnt care about us the poor regular traders, SeC only cares about its billionaire friends.\nWhat the good will come out of the lawsuit for Americans? ZERO. The lawsuit has been damaging Americans, finacially. XRP would be 5-10$ by now if Jay Clayton just left the SeC in good faith. Karma is a bitch, Jay Clayton will have to deal with the consequences.', 'https://www.reddit.com/r/Ripple/comments/nd9w3r/xrp_will_be_more_valuable_than_bitcoin/', 'nd9w3r', [['u/ALiteralHamSandwich', 253, '2021-05-16 01:05', 'https://www.reddit.com/r/Ripple/comments/nd9w3r/xrp_will_be_more_valuable_than_bitcoin/gy9krgy/', "Bitcoin and XRP don't serve the same purpose. The comparison doesn't make sense.", 'nd9w3r'], ['u/Oceantrader', 74, '2021-05-16 01:41', 'https://www.reddit.com/r/Ripple/comments/nd9w3r/xrp_will_be_more_valuable_than_bitcoin/gy9oox9/', "I disagree, Bitcoin's entire purpose was as a transactional currency which it has failed to capture micro transactions. It pivoted to a 'store of value or a hedge which given the time frame cannot be determined and is fueled only by speculation. It has nothing intrinsically meaningful that cannot be replaced, replicated or improved upon.", 'nd9w3r'], ['u/throwawayoregon81', 28, '2021-05-16 02:13', 'https://www.reddit.com/r/Ripple/comments/nd9w3r/xrp_will_be_more_valuable_than_bitcoin/gy9s8o4/', 'Value as in use? Than yes, value as in per coin? Never. Not until bitcoin fails at least. You will never see 60k xrp coin.', 'nd9w3r'], ['u/tussyville', 14, '2021-05-16 02:20', 'https://www.reddit.com/r/Ripple/comments/nd9w3r/xrp_will_be_more_valuable_than_bitcoin/gy9sz49/', 'BTC is inefficient garbage operating on an outdated algo (ETH isn\'t far behind). It will have no place in the Internet of Things, the future. I agree it\'s "digital gold" but only because as a stock/futures trader I recognize gold in terms of its trading profile: garbage that runs once in a while and something only weirdos and conspiracy theorists hold over long periods.', 'nd9w3r'], ['u/lj26ft', 23, '2021-05-16 03:42', 'https://www.reddit.com/r/Ripple/comments/nd9w3r/xrp_will_be_more_valuable_than_bitcoin/gya1mfi/', "Agreed, something becomes a store of value because it has utility. Btc has very little utility in real life. Store of value for BTC is a joke with one rain storm in northern China, the hash rate drops 30-40%. Much Decentralized, such safe, most store of value, lmao. Can't use it to buy anything not even Teslas", 'nd9w3r'], ['u/KombuchaWarfare', 40, '2021-05-16 04:01', 'https://www.reddit.com/r/Ripple/comments/nd9w3r/xrp_will_be_more_valuable_than_bitcoin/gya3n7a/', 'You have brain damage if you believe this.', 'nd9w3r'], ['u/randomly-generated', 26, '2021-05-16 04:21', 'https://www.reddit.com/r/Ripple/comments/nd9w3r/xrp_will_be_more_valuable_than_bitcoin/gya5nbg/', 'Never seen someone misuse the word "their" twice, in different ways, in one sentence. Impressive.', 'nd9w3r'], ['u/darkjediii', 17, '2021-05-16 05:40', 'https://www.reddit.com/r/Ripple/comments/nd9w3r/xrp_will_be_more_valuable_than_bitcoin/gyadb4c/', 'The only thing that cannot be replicated is that bitcoin w... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
43537.51, 42909.40, 37002.44, 40782.74, 37304.69, 37536.63, 34770.58, 38705.98, 38402.22, 39294.20
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['By Caroline Valetkevitch\nNEW YORK (Reuters) - Stock indexes edged lower globally on Monday, with technology shares weighing the most on the benchmark U.S. S&P 500 index, while gold prices hit their highest in more than three months as investors sought safety.\nU.S. Treasury yields, however, traded little changed even after a report showing the highest prices ever paid in a May manufacturing survey for New York State.\nThe Empire State Manufacturing Survey, produced by the New York Fed, showed the prices paid index rose to a record 83.5, the highest since the data series began in 2001, said Tom Simons, money market economist at Jefferies & Co.\nThe S&P 500 technology sector was down 0.7% and the biggest drag on the benchmark index. Wall Street\'s declines also follow the S&P 500\'s biggest one-day jump in more than a month on Friday.\nWhile the week is expected to be relatively quiet for economic data, investors will be anxious to see minutes on Wednesday from the Federal Reserve\'s policy meeting last month, which could shed more light on the policymakers\' outlook on an economic rebound.\n"The Fed has been pretty consistent in its message that it\'s going to be quite tolerant of inflation, it\'s not going to cause them to raise rates prematurely or pull back on asset purchases," Simons said.\nThe spread of the coronavirus was also a drag in some markets, with Singapore reporting the highest number of local infections in months and Taiwan seeing a spike in cases.\nThe Dow Jones Industrial Average fell 54.34 points, or 0.16%, to 34,327.79, the S&P 500 lost 10.56 points, or 0.25%, to 4,163.29 and the Nasdaq Composite dropped 50.93 points, or 0.38%, to 13,379.05.\nThe pan-European STOXX 600 index lost 0.05% and MSCI\'s gauge of stocks across the globe shed 0.09%.\nIn the Treasury market, the yield on benchmark 10-year U.S. Treasury notes was near flat at 1.65%, well below a spike to 1.77% in late March.\nThe dollar weakened slightly as inflation worries supported riskier currencies at the greenback\'s expense.\nThe dollar index fell 0.082%, with the euro unchanged at $1.2151.\nBitcoin dropped to a three-month low after Tesla Inc boss Elon Musk suggested over the weekend that the electric automaker may have already sold some of its holdings in the digital currency.\nOil prices climbed. Brent crude rose 1.1% to settle at $69.46 a barrel, while West Texas Intermediate (WTI) crude gained 1.4% to settle at $66.27.\nSpot gold jumped 1.3% to $1,866.84 per ounce, after hitting its highest since Feb. 1 at $1,868.26.\n(Additional reporting by Simon Jessop in London; Sumita Layek in Bengaluru; and Herbert Lash and Stephen Culp in New York; editing by Kirsten Donovan, Nick Macfie, Ed Osmond, Cynthia Osterman and Dan Grebler)', 'By Caroline Valetkevitch NEW YORK (Reuters) - Stock indexes edged lower globally on Monday, with technology shares weighing the most on the benchmark U.S. S&P 500 index, while gold prices hit their highest in more than three months as investors sought safety. U.S. Treasury yields, however, traded little changed even after a report showing the highest prices ever paid in a May manufacturing survey for New York State. The Empire State Manufacturing Survey, produced by the New York Fed, showed the prices paid index rose to a record 83.5, the highest since the data series began in 2001, said Tom Simons, money market economist at Jefferies & Co. The S&P 500 technology sector was down 0.7% and the biggest drag on the benchmark index. Wall Street\'s declines also follow the S&P 500\'s biggest one-day jump in more than a month on Friday. While the week is expected to be relatively quiet for economic data, investors will be anxious to see minutes on Wednesday from the Federal Reserve\'s policy meeting last month, which could shed more light on the policymakers\' outlook on an economic rebound. "The Fed has been pretty consistent in its message that it\'s going to be quite tolerant of inflation, it\'s not going to cause them to raise rates prematurely or pull back on asset purchases," Simons said. The spread of the coronavirus was also a drag in some markets, with Singapore reporting the highest number of local infections in months and Taiwan seeing a spike in cases. The Dow Jones Industrial Average fell 54.34 points, or 0.16%, to 34,327.79, the S&P 500 lost 10.56 points, or 0.25%, to 4,163.29 and the Nasdaq Composite dropped 50.93 points, or 0.38%, to 13,379.05. The pan-European STOXX 600 index lost 0.05% and MSCI\'s gauge of stocks across the globe shed 0.09%. In the Treasury market, the yield on benchmark 10-year U.S. Treasury notes was near flat at 1.65%, well below a spike to 1.77% in late March. The dollar weakened slightly as inflation worries supported riskier currencies at the greenback\'s expense. Story continues The dollar index fell 0.082%, with the euro unchanged at $1.2151. Bitcoin dropped to a three-month low after Tesla Inc boss Elon Musk suggested over the weekend that the electric automaker may have already sold some of its holdings in the digital currency. Oil prices climbed. Brent crude rose 1.1% to settle at $69.46 a barrel, while West Texas Intermediate (WTI) crude gained 1.4% to settle at $66.27. Spot gold jumped 1.3% to $1,866.84 per ounce, after hitting its highest since Feb. 1 at $1,868.26. (Additional reporting by Simon Jessop in London; Sumita Layek in Bengaluru; and Herbert Lash and Stephen Culp in New York; editing by Kirsten Donovan, Nick Macfie, Ed Osmond, Cynthia Osterman and Dan Grebler)', 'Bitcoin Bitcoin , BTC to USD, slid by 20.06% in the week ending 16 th May. Reversing a 2.96% gain from the previous week, Bitcoin ended the week at $46,597.0. A mixed start to the week saw Bitcoin rise to a Monday high intraweek high $59,589.8 before hitting reverse. Falling short of the first major resistance level at $60,831, Bitcoin slid to a Sunday intraweek low $44,021.0. The extended sell-off saw Bitcoin fall through the first major support level at $54,341 and the second major support level at $50,405. Bitcoin also fell through the 23.6% FIB of $50,473 to end the week at $46,500 levels. 4 days in the red that included a 12.53% slump on Wednesday and a 6.17% slide on Saturday delivered the downside for the week. For the week ahead Bitcoin would need move through the $50,069 pivot and the 23.6% FIB of $50,473 to support a run the first major resistance level at $56,118. Support from the broader market would be needed for Bitcoin to break out from $55,000 levels. Barring an extended crypto rally, the first major resistance level would likely cap any upside. In the event of an extended breakout, Bitcoin could test resistance at the April swing hi $64,829.0 before any pullback. The second major resistance level sits at $65,638. Failure to move through the $50,069 pivot and the 23.6% FIB of $50,473 would bring the 38.2% FIB of $41,592 and the first major support level at $40,549 into play. Barring another extended sell-off, Bitcoin should steer clear of sub-$40,000 support levels. The second major support level sits at $34,500. At the time of writing, Bitcoin was down by 3.09% to $45,156.7. A mixed start to the day saw Bitcoin rise to an early Monday morning high $46,796.0 before falling to a low $44,956.1. Bitcoin left the major support and resistance levels untested early on. Ethereum Ethereum fell by 8.73% in the week ending 16 th May. Partially reversing a 33.07% surge from the previous week, Ethereum ended the week at $3,585.62. A bullish start to the week saw Ethereum rally to a Wednesday intraweek high and a new swing hi $4,384.43 before hitting reverse. Ethereum broke through the first major resistance level at $4,277 to come within range of $4,400 levels. The reversal, however, saw Ethereum slide to a Sunday intraweek low $3,343.57. While steering clear of the first major support level at $3,266, Ethereum tested support at the 23.6% FIB of $3,369 before ending the week at $3,500 levels. 4-days in the red that included an 8.45% slide on Wednesday and a 10.56% tumble on Saturday delivered the downside. For the week ahead Ethereum would need to move through the pivot at $3,834 to bring the first major resistance level at $4,136 into play. Story continues Support from the broader market would be needed, however, for Ethereum to break back through to $4,000 levels. Barring an extended crypto rally, the first major resistance level and last week\x92s swing hi $4,384.3 would likely cap any upside. In the event of an extended breakout, Ethereum could test resistance at $5,000 before any pullback. The second major resistance level sits at $4,687. Failure to move through the pivot at $3,834 would bring the 23.6% FIB of $3,369 and the first major support level at $3,283 into play. Barring an extended sell-off in the week, Ethereum should steer clear of sub-$3,000 levels. The second major support sits at $2,980. At the time of writing, Ethereum was down by 5.22% to $3,398.42. A bearish start to the week saw Ethereum slide from an early Monday morning high $3,590.00 to a low $3,398.42. Ethereum left the major support and resistance levels untested at the start of the week. This article was originally posted on FX Empire More From FXEMPIRE: NZD/USD Forex Technical Analysis \x96 Trader Reaction to .7204 Sets the Tone The Week Ahead \x96 Economic Data, Central Bank Policy Meeting Minutes, and Geopolitics in Focus Morgan Stanley Lifts Sherwin-Williams\x92 Target Price to $315 Economic Data from China Sets the Tone With Stats on the Lighter Side in the Day Ahead EOS, Stellar\x92s Lumen, and Tron\x92s TRX \x96 Daily Analysis \x96 May 17th, 2021 Dogecoin \x96 Daily Tech Analysis \x96 May 17th, 2021 View comments', 'Bitcoin, BTC to USD, slid by 20.06% in the week ending 16thMay. Reversing a 2.96% gain from the previous week, Bitcoin ended the week at $46,597.0.\nA mixed start to the week saw Bitcoin rise to a Monday high intraweek high $59,589.8 before hitting reverse.\nFalling short of the first m **Last 60 Days of Bitcoin's Closing Prices:** [57858.92, 58346.65, 58313.64, 57523.42, 54529.14, 54738.95, 52774.27, 51704.16, 55137.31, 55973.51, 55950.75, 57750.20, 58917.69, 58918.83, 59095.81, 59384.31, 57603.89, 58758.55, 59057.88, 58192.36, 56048.94, 58323.95, 58245.00, 59793.23, 60204.96, 59893.45, 63503.46, 63109.70, 63314.01, 61572.79, 60683.82, 56216.18, 55724.27, 56473.03, 53906.09, 51762.27, 51093.65, 50050.87, 49004.25, 54021.75, 55033.12, 54824.70, 53555.11, 57750.18, 57828.05, 56631.08, 57200.29, 53333.54, 57424.01, 56396.52, 57356.40, 58803.78, 58232.32, 55859.80, 56704.57, 49150.54, 49716.19, 49880.54, 46760.19, 46456.06] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2021-05-17 **Financial & Commodity Data:** - Gold Closing Price: $1867.50 - Crude Oil Closing Price: $66.27 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $803,972,937,722 - Hash Rate: 150653185.81676203 - Transaction Count: 250910.0 - Unique Addresses: 684281.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.27 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Traders and analysts continue to talk up ether and alternative cryptocurrencies as bitcoin struggles to regain the $64,000 record price level attained weeks ago. • Bitcoin(BTC) trading around $52,964 as of 21:00 UTC (4 p.m. ET). Slipping 3.6% over the previous 24 hours. • Bitcoin’s 24-hour range: $52,622-$55,851 (CoinDesk 20) • BTC below the 10-hour and the 50-hour moving averages on the hourly chart, a bearish signal for market technicians. The price of bitcoin was dropping Thursday, going as low as $52,622 and settling at $52,964 as of press time. There’s been an almost $3,000 price change over the past 24 hours for the world’s oldest cryptocurrency, ranging from $55,851 down to $52,622. It’s the season for alternative cryptocurrencies, or “alts,” according to Rich Rosenblum, president of crypto market maker GSR. This might help explain why bitcoin has suddenly lost some of themomentum seen earlier this week. Related:China Is Opting Out of US-Run Financial System “When new money flows into BTC, people are less focused on alts,” Rosenblum told CoinDesk. “Once it feels like the bullish pattern for BTC breaks down, people roll some of those profits into alts.” The market dominance of bitcoin continues to decline, and it’s less than half of the total blockchain market Thursday. At 49.5% at press time it is down from 73% at the start of 2021. “Crypto natives might be taking profits in BTC to free up some capital to invest in alts,” Rosenblum said. Zachary Friedman, chief operating officer at quantitative firm GDA Capital, senses bitcoin’s rally might just be pausing. Related:Coinbase to Acquire Institutional Data Analytics Platform Skew “As we have seen with most bull cycles, bitcoin typically leads the charge,” Friedman said. “Once bitcoin tops, money is redistributed into altcoins, which marks the nearing end of these cycles, historically.” While ether keeps pushing to new highs almost daily, bitcoin’s all-time high above $64,400 came two weeks ago. For now, BTC is out of the limelight. “Ether and alts will likely keep up the bulk of the action for the next leg of this cycle,” Friedman said. Read More:Coinbase Debuts ‘Buy With PayPal’ Feature (but Read the Fine Print) Ether(ETH) rallied to a fresh all-time high Thursday around $2,800, before fading later in the day. The second-largest cryptocurrency by market capitalization was trading around $2,708 as of 21:00 UTC (4:00 p.m. ET), down 0.75% over the prior 24 hours. “Since the end of March, we’ve seen ETH going stronger against BTC,” said Élie Le Rest, partner at crypto quantitative trading firm ExoAlpha. The technical proposal EIP 1559 to fix the Ethereum blockchain’s problematic capacity constraints may be aiding in the bullish sentiment. “This bullish trend on ETH may be seen through different angles, but the upcoming upgrade including EIP 1559 is seen as a strong catalyst of the recent ETH bull run,” Le Rest said. Jason Lau, chief operating office of San Francisco-based exchange OKCoin, said ether appears to have decoupled from bitcoin. “This is significant as ETH/BTC had been in the ~0.02-0.04 BTC range for almost the past two years, but recently just hit ~0.05 BTC” Lau said. As of press time, the ETH/BTC pair, which signals traders rotating in and out of bitcoin into and from ether, is up 2.6% and well over 0.05 BTC. It has been mega bullish since April 27. “The [non-fungible token] boom, recent scalability improvements, Ethereum protocol upgrades andDeFi growthhave all contributed,” Lau said. “Those upcoming features are a great incentive for investors to tag along, contributing to ETH against BTC” Read More:As Ether Pushes Ever Higher, Crypto Traders Plot Price in Bitcoin Terms One of the biggest gainers in the altcoin space this year is Binance coin (BNB), an asset used to offset trading fees charged on the Binance exchange. On a percentage basis, BNB’s dominance, the share it takes up of total crypto market capitalization, has gained over 550% since the start of 2021. As of press time, BNB’s market dominance is at 4.4%. Digital assets on theCoinDesk 20are all in the red Thursday. Notable losers as of 21:00 UTC (4:00 p.m. ET): • aave(AAVE) – 7.2% • nucypher(NU)- 7% • yearn finance(YFI) – 3.5% Equities: • In Asia the Nikkei 225 index closed up 0.21% astech stocks climbed although investors had concerns over upcoming corporate earnings reports. • Europe’s FTSE 100 ended the day flat, down just 0.03% asan overwhelming amount of Q1 earnings data left traders mixed on the results. • In the United States, the S&P 500 index closed up 0.70% asvery strong earnings from Facebook and Apple led investors to push the buy button on stocks. Commodities: • Oil was up 2%. Price per barrel of West Texas Intermediate crude: $64.93. • Gold was in the red 0.40% and at $1,774 as of press time. • Silver is falling, down 0.30% and changing hands at $26.12. Read More:Fed’s Powell Says Market, as Exemplified by Dogecoin, Is ‘a Bit Frothy’ Treasurys: • The 10-year U.S. Treasury bond yield climbed Thursday to 1.636 and in the green 1.3%. • Bitcoin Stabilizes Near Support; Resistance Around $56K-$58K • NYSE-Owner ICE Sold Coinbase Stake for $1.2B... - Reddit Posts (Sample): [['u/i_have_chosen_a_name', 'I have estimated that right now there is about 20 billion dollars of real money sitting in buy orders on various exchanges that are not 100% Tether based.', 11, '2021-05-17 00:18', 'https://www.reddit.com/r/Buttcoin/comments/ndzi35/i_have_estimated_that_right_now_there_is_about_20/', "So Tesla is about to offload 1.5 billion. Then there is 18.5 billion left. Microstrategies have about 100 000 BTC which is 4.5 billion dollars on the markets right now. They will also start offloading this.\n\nNow there is only 14 billion dollars left. You think all the banks and smaller banks won't see this trend and not offload their bitcoins? Think again. There is supposedly 1000 trillion worth of Bitcoin around but we all know most of that price is fraud through Tether.\n\nSo Tesla might be about to to start by switching the music off, then microstrategies will switch the light on.\n\nAnd everybody will see there are a 1000 guys with just 14 chairs left to sit on. \n\n\nSo .... those peeps that put all their covid money in to Bitcoin. They about to be twice as poor as before covid.\n\n\nThe world always works like that. Fella's I think the peak is in. And I think Tether is going to print like crazy now and with a little bit of luck they will be forced to start freezing the Tether on kraken as a desperate attempt to uphold their peg.\n\n\nThey only got 2.8 billion in cash when the cashing out starts some of that 20 billions worth of buying orders will eventually flow over the usd/usdt pair which will cost Tether tons and tons of money.\n\nInteresting times ahead. Either the peak is in for this bull run or Tether is going to print another 60 billion dollars before summer is here in a desperate attempt to keep prices high enough or .... and they are fully capable of making money on the way down ... Tether will do a rug pull stop printing, stop wash trading and short on other exchanges cause they know it if crashes low enough some peeps will try to buy the dip and that's good money for them as well.", 'https://www.reddit.com/r/Buttcoin/comments/ndzi35/i_have_estimated_that_right_now_there_is_about_20/', 'ndzi35', [['u/TheAnalogKoala', 28, '2021-05-17 00:50', 'https://www.reddit.com/r/Buttcoin/comments/ndzi35/i_have_estimated_that_right_now_there_is_about_20/gydm3xl/', 'I would be really cautious declaring that *this* is the final crash. Bitcoin has proven remarkably resilient. You can stab it with your steely knives, but you just can’t kill the beast. \n\nIn hindsight, I think the conditions leading to the “final” crash (if there is such a thing, since a headless, distributed Ponzi-like scheme is actually an impressive innovation) will be clear in hindsight. We’re just too close now to get any perspective.', 'ndzi35'], ['u/[deleted]', 11, '2021-05-17 02:48', 'https://www.reddit.com/r/Buttcoin/comments/ndzi35/i_have_estimated_that_right_now_there_is_about_20/gydzzzs/', "> They only got 2.8 billion in cash\n\nThey *claim* to have 2.8 billion in cash. None of what they claim has been verified. They could have $3.50 in cash for all we know. Also, just because they have any cash doesn't mean that they'll use it to back Tethers and won't just walk off with it.\n\n> I have estimated that right now there is about 20 billion dollars of real money sitting in buy orders\n\nYou should show your work on how you got that number, since your entire analysis hinges on it.", 'ndzi35']]], ['u/giants263', '"It will be different this time", they said. "No more crazy dips, companies will never sell", they said.', 36, '2021-05-17 00:20', 'https://www.reddit.com/r/Bitcoin/comments/ndzk2f/it_will_be_different_this_time_they_said_no_more/', 'LOL. Bitcoin, you are beautiful as you are, never change.', 'https://www.reddit.com/r/Bitcoin/comments/ndzk2f/it_will_be_different_this_time_they_said_no_more/', 'ndzk2f', [['u/AllenWatson23', 17, '2021-05-17 00:23', 'https://www.reddit.com/r/Bitcoin/comments/ndzk2f/it_will_be_different_this_time_they_said_no_more/gydivwa/', "I'm a coiner, and I can confirm that plenty of people said that.", 'ndzk2f'], ['u/Rocket_Emojis', 15, '2021-05-17 01:29', 'https://www.reddit.com/r/Bitcoin/comments/ndzk2f/it_will_be_different_this_time_they_said_no_more/gydqqo5/', 'Look at the volume on cryptoquant, BTC is near historical lows. People are not selling.', 'ndzk2f']]], ['u/PMmeyournavel', 'If you want a laugh right now...', 59, '2021-05-17 00:30', 'https://www.reddit.com/r/CryptoCurrency/comments/ndzrgm/if_you_want_a_laugh_right_now/', "Take a look at the /r/investing subreddit. Ambulance chasers ecstatic that Bitcoin is going down in value. Boomers that have gone through life on easy mod celebrating the fact that people who have faith in crypto are experiencing turbulence. Physical manifestations of smugness, completely and unabashedly misunderstanding a topic that humbler individuals are quick to admit they don't fully grasp, and regurgitating their fridge-temp IQ takes into the world.\n\nTake a look there, and bottle your anger. Buy into crypto now if you can. Wait six months, and we'll see if that anger you've channeled has turned to mirth. I am absolutely drunk as shit but I'm pretty confident it's my sober self talking when I say I can't wait to prove every single dogbrained pompous walking tumor from there wrong in the years to come.", 'https://www.reddit.com/r/CryptoCurrency/comments/ndzrgm/if_you_want_a_laugh_right_now/', 'ndzrgm', [['u/stocktawk', 17, '2021-05-17 00:31', 'https://www.reddit.com/r/CryptoCurrency/comments/ndzrgm/if_you_want_a_laugh_right_now/gydjvk5/', 'I was totally against crypto but threw money into it in December. % kaboom upward', 'ndzrgm'], ['u/Kevin3683', 10, '2021-05-17 00:37', 'https://www.reddit.com/r/CryptoCurrency/comments/ndzrgm/if_you_want_a_laugh_right_now/gydklu9/', 'I never thought I’d be this deep into crypto. I’m here because of Covid. Thanks to the CARES act I was able to get a large sum of money out of my 401k with no early withdrawal penalty and the ability to spread the tax liability out over 3 years. I put half in certificates of deposits and half in the stock market. Then it hit me. I’ve been investing in 401k for 22 years. These CD’s aren’t earning me shit. My own stocks are doing ok but I’ll probably never have enough to comfortably retire on unless I wait until I’m 90. I started looking for riskier investments. I found crypto. As soon as my cd’s matured, in December 2020, I went balls deep into crypto.\n\nSpelling', 'ndzrgm'], ['u/whatisUN', 10, '2021-05-17 00:50', 'https://www.reddit.com/r/CryptoCurrency/comments/ndzrgm/if_you_want_a_laugh_right_now/gydm4ix/', 'as if the stock market isn’t the same shit... just as much speculation, just as much manipulation, but stocks are not neutral assets since companies have so much exposure to fiat depreciation. the only difference is that it’s “socially acceptable” to invest in the stock market. but hey here’s something weird: why are people not ok with leaving assets in fiat money? why are people forced into investing in an asset class that is inherently speculative and subject to wild changes (see: 2000, 2008, 2020) in the first place? and no, i’m not talking about crypto.\n\nthe stock market should be for companies who would like to raise equity, not for speculating on price appreciation (how long would it take TSLA to pay dividends in the amount that it’s price has skyrocketed by?) - secondary market doesn’t even help these companies raise equity unless they dump their shares on the market when the price is high!\n\ncrypto is a superior asset class for holding value. it is a necessary asset class as well, since everyone piling into the stock market with their 401k/savings bastardizes its original purpose', 'ndzrgm'], ['u/El_Jose_22', 14, '2021-05-17 01:35', 'https://www.reddit.com/r/CryptoCurrency/comments/ndzrgm/if_you_want_a_laugh_right_now/gydresh/', "When you have to find joy in other people losing money... I don't think you're making much either", 'ndzrgm']]], ['u/Comprehensive-Disk81', "This is not a war. Chill out or you'll turn it into one!", 336, '2021-05-17 00:37', 'https://www.reddit.com/r/Bitcoin/comments/ndzx1g/this_is_not_a_war_chill_out_or_youll_turn_it_into/', 'Elon, alt coins, BTC, stocks, manipulation. Blah blah blah blah blah. Has everyone forgotten what they came here for?\n\nI\'m from the USA and it\'s a two party system for a reason: to keep us divided. Reddit is an international means of communication, yet I see so much division. Division and distraction is the goal, to make us angry and confused. Is that what you want to be, angry and confused?\n\nYou\'re all doing a good job at it.\n\nDo not let "the powers that be" sway you from your life goals. Invest and hold. Rinse and repeat. Stop putting blame on outside personalities, and live the life you choose to live. Pay yourself first. \n\nListen to yourself first, and no one else.', 'https://www.reddit.com/r/Bitcoin/comments/ndzx1g/this_is_not_a_war_chill_out_or_youll_turn_it_into/', 'ndzx1g', [['u/Comprehensive-Disk81', 16, '2021-05-17 00:46', 'https://www.reddit.com/r/Bitcoin/comments/ndzx1g/this_is_not_a_war_chill_out_or_youll_turn_it_into/gydlp88/', 'To be mad at Elon, or anyone else for that matter, is giving Elon power. The market is controlled by emotions. We, the people, ARE the economy.', 'ndzx1g'], ['u/Comprehensive-Disk81', 10, '2021-05-17 00:53', 'https://www.reddit.com/r/Bitcoin/comments/ndzx1g/this_is_not_a_war_chill_out_or_youll_turn_it_into/gydmjyb/', 'I know plenty of boomers who are very successful, my stepfather being one of them. Blaming boomers and criticizing them will get you nowhere.', 'ndzx1g'], ['u/MuteUSOCrypto', 13, '2021-05-17 01:21', 'https://www.reddit.com/r/Bitcoin/comments/ndzx1g/this_is_not_a_war_chill_out_or_youll_turn_it_into/gydpsaf/', 'Good post.', 'ndzx1g'], ['u/theoretical_hipster', 14, '2021-05-17 02:12', 'https://www.reddit.com/r/Bitcoin/comments/ndzx1g/this_is_not_a_war_chill_out... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
42909.40, 37002.44, 40782.74, 37304.69, 37536.63, 34770.58, 38705.98, 38402.22, 39294.20, 38436.97
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['TORONTO, Ontario and BROSSARD, Québec, May 17, 2021 (GLOBE NEWSWIRE) --Bitfarms Ltd.(“Bitfarms”, or the “Company”) (TSXV: BITF // OTC:BFARF) announces it has entered into subscription agreements with certain institutional investors for gross proceeds of approximately CAD$75.0 million in a private placement in the United States, comprised of 14,150,944 common shares at CAD$5.30 per common share along with warrants to purchase an aggregate of up to 10,613,208 common shares. The warrants have an exercise price of USD$4.87 per common share and exercise period of three years. The net proceeds of the private placement will be used by the Company mainly to acquire additional miners, expand infrastructure, and improve its working capital position, in support of its plans to more than triple its hashrate in 2021 to 3.0 EH/s, then grow to 8.0 EH/s in 2022.\nThe private placement is expected to close on or about May 20, 2021, subject to satisfaction of customary closing conditions and approval of the TSX Venture Exchange.\nH.C. Wainwright & Co. is acting as the exclusive placement agent for the private placement in the United States.\nAbout Bitfarms Ltd.\nFounded in 2017, Bitfarms is a Bitcoin mining company, running vertically integrated mining operations with onsite technical repair, proprietary data analytics and Company-owned electrical engineering and installation services to deliver high operational performance and uptime.\nHaving demonstrated rapid growth and stellar operations, Bitfarms became the first Bitcoin mining company to complete its long form prospectus with the Ontario Securities Commission and started trading on the TSX-V in July 2019. On February 24, 2021 Bitfarms was honoured to be announced as a Rising Star by the TSX-V.\nBitfarms has a diversified production platform with five industrial scale facilities located in Québec. Each facility is 100% powered with environmentally friendly hydro power and secured with long-term power contracts. Bitfarms is currently the only publicly traded pure-play mining company audited by a Big Four audit firm.\nTo learn more about Bitfarms’ events, developments, and online communities:\nWebsite:www.bitfarms.com\nhttps://www.facebook.com/bitfarms/https://twitter.com/Bitfarms_iohttps://www.instagram.com/bitfarms/https://www.linkedin.com/company/bitfarms/\nDefined Terms\nCautionary Statement\nTrading in the securities of the Company should be considered highly speculative. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.\nForward-Looking Statements\nThis news release contains certain “forward-looking information” and “forward-looking statements” (collectively, “forward-looking information”) that are based on expectations, estimates and projections as at the date of this news release. The information in this release about future plans and objectives of the Company, including the intention to complete the private placement, the expected expenditure of the proceeds of the private placement, and the anticipated growth in its hashrate, are forward-looking information. Other forward-looking information includes, but is not limited to, information concerning: the intentions, plans and future actions of the Company, as well as Bitfarms’ ability to successfully mine digital currency, revenue increasing as currently anticipated, the ability to profitably liquidate current and future digital currency inventory, volatility of network difficulty and digital currency prices and the potential resulting significant negative impact on the Company’s operations, the construction and operation of expanded blockchain infrastructure as currently planned, and the regulatory environment for cryptocurrency in the applicable jurisdictions.\nAny statements that involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions, future events or performance (often but not always using phrases such as “expects”, or “does not expect”, “is expected”, “anticipates” or “does not anticipate”, “plans”, “budget”, “scheduled”, “forecasts”, “estimates”, “believes” or “intends” or variations of such words and phrases or stating that certain actions, events or results “may” or “could”, “would”, “might” or “will” be taken to occur or be achieved) are not statements of historical fact and may be forward-looking information and are intended to identify forward-looking information.\nThis forward-looking information is based on assumptions and estimates of management of the Company at the time they were made, and involves known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking information. Such factors include, among others, risks relating to: the global economic climate; dilution; the Company’s limited operating history; future capital needs and uncertainty of additional financing; the competitive nature of the industry; currency exchange risks; the need for the Company to manage its planned growth and expansion; the effects of product development and need for continued technology change; protection of proprietary rights; the effect of government regulation and compliance on the Company and the industry; network security risks; the ability of the Company to maintain properly working systems; reliance on key personnel; global economic and financial market deterioration impeding access to capital or increasing the cost of capital; and volatile securities markets impacting security pricing unrelated to operating performance. In addition, particular factors that could impact future results of the business of Bitfarms include, but are not limited to: the construction and operation of blockchain infrastructure may not occur as currently planned, or at all; expansion may not materialize as currently anticipated, or at all; the digital currency market; the ability to successfully mine digital currency; revenue may not increase as currently anticipated, or at all; it may not be possible to profitably liquidate the current digital currency inventory, or at all; a decline in digital currency prices may have a significant negative impact on operations; an increase in network difficulty may have a significant negative impact on operations; the volatility of digital currency prices; the anticipated growth and sustainability of hydroelectricity for the purposes of cryptocurrency mining in the applicable jurisdictions, the ability to complete current and future financings, any regulations or laws that will prevent Bitfarms from operating its business; historical prices of digital currencies and the ability to mine digital currencies that will be consistent with historical prices; an inability to predict and counteract the effects of COVID-19 on the business of the Company, including but not limited to the effects of COVID-19 on the price of digital currencies, capital market conditions, restriction on labour and international travel and supply chains; and, the adoption or expansion of any regulation or law that will prevent Bitfarms from operating its business, or make it more costly to do so. For further information concerning these and other risks and uncertainties, refer to the Company’s filings onwww.SEDAR.comincluding the annual information form for the year ended December 31, 2020, filed on April 7, 2021. The Company has also assumed that no significant events occur outside of Bitfarms’ normal course of business. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those expressed in forward-looking statements, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on any forward-looking information. The Company undertakes no obligation to revise or update any forward-looking information other than as required by law.\nContacts\nInvestor Relations:\nCORE IR+1 516 222 [email protected]\nUS Media:\nCORE IRJules Abraham, Director of Public [email protected]\nYAP GlobalMia Grodsky, Account [email protected]\nQuébec Media:\nRyan Affaires publiquesMarc Duchesne, Directeur / [email protected]', 'TORONTO, Ontario and BROSSARD, Québec, May 17, 2021 (GLOBE NEWSWIRE) -- Bitfarms Ltd. (\x93 Bitfarms \x94, or the \x93 Company \x94) ( TSXV: BITF // OTC:BFARF ) announces it has entered into subscription agreements with certain institutional investors for gross proceeds of approximately CAD$75.0 million in a private placement in the United States, comprised of 14,150,944 common shares at CAD$5.30 per common share along with warrants to purchase an aggregate of up to 10,613,208 common shares. The warrants have an exercise price of USD$4.87 per common share and exercise period of three years. The net proceeds of the private placement will be used by the Company mainly to acquire additional miners, expand infrastructure, and improve its working capital position, in support of its plans to more than triple its hashrate in 2021 to 3.0 EH/s, then grow to 8.0 EH/s in 2022. The private placement is expected to close on or about May 20, 2021, subject to satisfaction of customary closing conditions and approval of the TSX Venture Exchange. H.C. Wainwright & Co. is acting as the exclusive placement agent for the private placement in the United St **Last 60 Days of Bitcoin's Closing Prices:** [58346.65, 58313.64, 57523.42, 54529.14, 54738.95, 52774.27, 51704.16, 55137.31, 55973.51, 55950.75, 57750.20, 58917.69, 58918.83, 59095.81, 59384.31, 57603.89, 58758.55, 59057.88, 58192.36, 56048.94, 58323.95, 58245.00, 59793.23, 60204.96, 59893.45, 63503.46, 63109.70, 63314.01, 61572.79, 60683.82, 56216.18, 55724.27, 56473.03, 53906.09, 51762.27, 51093.65, 50050.87, 49004.25, 54021.75, 55033.12, 54824.70, 53555.11, 57750.18, 57828.05, 56631.08, 57200.29, 53333.54, 57424.01, 56396.52, 57356.40, 58803.78, 58232.32, 55859.80, 56704.57, 49150.54, 49716.19, 49880.54, 46760.19, 46456.06, 43537.51] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2021-05-18 **Financial & Commodity Data:** - Gold Closing Price: $1867.80 - Crude Oil Closing Price: $65.49 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $804,445,459,675 - Hash Rate: 124506765.13781984 - Transaction Count: 221018.0 - Unique Addresses: 619246.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.21 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: 4 Penny Stocks to Buy [Or Avoid] in April 2021 Penny stocks and cryptocurrency are in focus right now. To give some context, let’s talk about what these two assets are. On one hand, penny stocks are any company trading under $5 . While you can buy penny stocks on Robinhood and other platforms, many brokerages do not offer access to the OTC or over-the-counter exchange. This is where the majority of penny stocks are. It’s worth noting that stocks under $5 can be highly volatile due to both high speculation and the low price point. However, the opportunity for finding potential large gainers can be much larger than with blue chips. Moving forward, cryptocurrency is an asset class that has come to light in the past few years. While the popularity of crypto began with Bitcoin, many other cryptocurrencies are seeing just as much attention. This includes the rise of altcoins like DOGE Coin and others. Investors should also consider that DOGE Coin hit an all-time high of above $0.39 on April 15th. In the past three months, DOGE has increased in value by well over 4,050%. This is staggering and makes DOGE a unicorn in the investor market. While penny stocks have seen equally large value increases, this usually occurs over a longer period. If we take all of this into consideration, we see that penny stocks could correlate with cryptocurrency. Because these cheap assets are relatively similar in terms of price, they often can rise in tandem with one another. Considering this, here are four penny stocks to buy or avoid in April 2021. 4 Penny Stocks to Watch as Crypto Rises in Popularity Ebang International Holdings Inc. ( NASDAQ: EBON ) SOS Ltd. ADR ( NYSE: SOS ) Astrotech Corp. ( NASDAQ: ASTC ) Uxin Ltd. ( NASDAQ: UXIN ) 1. Ebang International Holdings Inc. If you haven’t heard of Ebang International Holdings, you’re probably not alone. However, the company has been making some big gains in the past few months that could make it worth considering. Before we get into why let’s discuss what EBON does. Story continues Through its various subsidiaries, Ebang researches, designs, and develops circuit chips used in Bitcoin mining. Its products are offered in the U.S., China, and Hong Kong. In addition to chips, it provides mining machine hosting services that allow its users to conduct mining operations from anywhere around the world. Additionally, Ebang works in the development of telecommunications products including fiber optic multiplexers, transmission network products, and other IoT-related devices. Its Bitcoin mining products are sold under the Ebit brand, where it serves both Bitcoin and telecommunications industries. In the past few months, Ebang International has made several big steps forward. This includes back in November when it was granted an exclusive license for its AsicBoost patent. This patent allows for increased Bitcoin mining performance by as much as 20%. Because Bitcoin is so energy-intensive, companies are constantly searching for ways to increase efficiency. So to increase performance by 20% is a large milestone. [Read More] 3 Penny Stocks To Buy According To Analysts; 100%-290% Price Targets Also, in February of this year, the company completed the design of a new chip that can simultaneously mine Litecoin and DOGE Coin. With the price of DOGE Coin increasing greatly on April 16th, investors are intent on finding penny stocks that relate. Considering all of this, is EBON stock worth watching? Penny_Stocks_to_Watch_Ebang International Holdings Inc. (EBON Stock Chart) 2. SOS Ltd. ADR Similar to Ebang, SOS Ltd. is a technology company with large ties to cryptocurrency. It offers marketing data, technology, and solutions for both emergency rescue services and individual members. Within its platform are offerings for markets such as medical rescue, cooperative cloud products, big data, intelligent software and hardware, and information cloud products. You might be wondering what SOS’s role in cryptocurrency is. In the past few months, it has transitioned heavily into a crypto mining company. While it does work on emergency services, SOS is now considered to be a blockchain and big data solutions provider. Its membership base encompasses more than 20 million individuals in China. During its most recent quarter, it announced that it mined 42 Bitcoins and 916 Ethereum. Given that Bitcoin is hovering around $60,000 as of April 15th, this alone amounts to more than $2.5 million in revenue. Additionally, during the first quarter, it received the third batch of 5,464 cryptocurrency mining rigs. Once they are fully operational, these rigs will vastly increase SOS’s overall Bitcoin and Ethereum mining capacity. [Read More] Penny Stocks on Robinhood to Watch After the Coinbase IPO “These mining results reflect the first quarter of operations, and the number of Bitcoins and Ethereum are higher than what we originally anticipated. We expect our output to grow in future quarters as we complete the installation of our third batch of mining rigs and have full quarters off operation.” CEO of SOS Ltd., Mr. Yandai Wang Considering its large role in the cryptocurrency industry, does SOS stock have a place on your watchlist? SOS Ltd. (SOS Stock Chart) Penny_Stocks_to_Watch_ 3. Astrotech Corp. Astrotech Corp. is another tech company, working on building scalable companies that utilize innovative technological solutions. The company is working on producing products through its subsidiary, BreathTech. The main device it is working on right now could provide early detection of lung diseases. In early April, Astrotech announced that BreathTech signed into an agreement with Cleveland Clinic to develop a rapid Covid-19 test that only uses a patient’s breath. The product, known as the BreathTest-1000, “aims to build and expand on our ongoing expertise in the area of breath testing, applying their technology to Covid-19,” according to Raed Dweik, MD, the Chairman of Cleveland Clinic’s Respiratory Institute. The CEO of BreathTech, Thomas Pickens, stated that “we are very pleased to kick off this study under the management of one of the most experienced respiratory disease detection institutions in the world. Due to the many mutations to the Covid-19 virus and other issues, we believe that society will need to continue to be at a heightened level of caution for the foreseeable future.” [Read More] 3 Pandemic Penny Stocks To Watch This Week Additionally, Astrotech recently closed on a $37.3 million bought deal offering. This should help to fund future endeavors and general corporate needs. While Astrotech itself does not engage in cryptocurrency-related business, the emphasis on crypto has helped to push the tech industry up. With its prospects in mind, is ASTC a penny stock to watch? Penny_Stocks_to_Watch_Astrotech Corp. (ASTC Stock Chart) 4. Uxin Ltd. Uxin is another tech company that could be seeing attention due to the rise of crypto. It operates as an online used car dealer, offering a large number of offerings. This includes value-added products and services such as nationwide logistics, delivery, title transfers, and more. On April 16th, shares of UXIN jumped up by around 8% in intraday trading. While there’s no singular reason for this, it could be attributed to news announced earlier in the day. News dropped early on Friday that Rich Way Global filed a 13G Filing, which is an institutional position report. This means that the institution (Rich Way Global), purchased 5.9% of outstanding Uxin stock. This is big deal because it shows institutional confidence in Uxin’s business. In addition to this announcement, the company recently disclosed a potential $300 million investment back in early April. According to the press release, two large Asia-based funds agreed to negotiate and possibly enter into definitive agreements with Uxin through senior convertible preferred shares. While not much else is known about this transaction, hopefully, Uxin will report more information in the coming weeks or months. With $300 million in financing, Uxin could engage in many new business opportunities. Whether this makes UXIN a penny stock to watch is up to you. Penny_Stocks_to_Watch_Uxin Ltd. (UXIN Stock Chart) [Read More] 4 Reddit Penny Stocks to Watch Before the End of the Month... - Reddit Posts (Sample): [['u/Willyhats', 'Everyone acting like there hasn’t been dips like this during a bitcoin bull market', 626, '2021-05-18 00:02', 'https://www.reddit.com/r/Bitcoin/comments/net9mu/everyone_acting_like_there_hasnt_been_dips_like/', 'This is the worst dip we’ve seen yet this cycle, but we’ve seen lots worse in previous cycles and bitcoin still came back to rally when the time came. Be patient. one bad thing happens and everyone seems to forget the long game. This is exactly how they want you to react so they can have your bitcoin. Quit feeding the FUD HODL', 'https://www.reddit.com/r/Bitcoin/comments/net9mu/everyone_acting_like_there_hasnt_been_dips_like/', 'net9mu', [['u/TvRtL33', 12, '2021-05-18 00:34', 'https://www.reddit.com/r/Bitcoin/comments/net9mu/everyone_acting_like_there_hasnt_been_dips_like/gyi21ap/', 'Splish Splash, bitcoin taking a bath 🛀', 'net9mu'], ['u/knox203', 58, '2021-05-18 00:49', 'https://www.reddit.com/r/Bitcoin/comments/net9mu/everyone_acting_like_there_hasnt_been_dips_like/gyi3uo5/', 'Happens every 30%+ correction, you start ignoring it all eventually. No matter what causes it, every dip is always the "worst dip", or the "last dip" according to the paper hands. Yet, here we are! To be honest, this is when I get the most excited, more time to DCA at lower prices = more Bitcoin. Keep hodling friends!', 'net9mu'], ['u/Willyhats', 24, '2021-05-18 00:52', 'https://www.reddit.com/r/Bitcoin/comments/net9mu/everyone_acting_like_there_hasnt_been_dips_like/gyi46kx/', 'Completely agree, im newish, started this cycle but i back tracked to learn its patterns and my hands are diamond encrusted. Anyone fearful isnt meant for this game , they fuel the whales. CRYPTO IS THE FUTURE', 'net9mu'], ['u/Willyhats', 31, '2021-05-18 00:52', 'https://www.reddit.com/r/Bitcoin/comments/net9mu/everyone_acting_like_there_hasnt_been_dips_like/gyi49t3/', 'Me too 🌝', 'net9mu'], ['u/jimmy_halfshaft', 67, '2021-05-18 01:08', 'https://www.reddit.com/r/Bitcoin/comments/net9mu/everyone_acting_like_there_hasnt_been_dips_like/gyi6958/', "Btc could drop to a penny and I'd still stack and hodl.", 'net9mu'], ['u/Willyhats', 38, '2021-05-18 01:12', 'https://www.reddit.com/r/Bitcoin/comments/net9mu/everyone_acting_like_there_hasnt_been_dips_like/gyi6pgj/', 'This is the energy the community needs, people who believe in the tech. A digital currency is inevitable', 'net9mu'], ['u/Grenadejumper221', 10, '2021-05-18 02:03', 'https://www.reddit.com/r/Bitcoin/comments/net9mu/everyone_acting_like_there_hasnt_been_dips_like/gyicr81/', "I think it's part to do with a lot of us having more money to loose than we have ever had before. It's going to take some getting used to", 'net9mu'], ['u/notimeformorons', 13, '2021-05-18 02:15', 'https://www.reddit.com/r/Bitcoin/comments/net9mu/everyone_acting_like_there_hasnt_been_dips_like/gyie7az/', 'I would settle for a quick pull back down to 4k.', 'net9mu'], ['u/new-rich_in-market', 22, '2021-05-18 02:33', 'https://www.reddit.com/r/Bitcoin/comments/net9mu/everyone_acting_like_there_hasnt_been_dips_like/gyigd14/', 'Agreed! \nNew investors are like babies- they buy some, go to sleep, wake up in the middle of night, check status of their 25$ investment, cry a little and fall back to sleep.', 'net9mu'], ['u/HansGruber14', 14, '2021-05-18 02:46', 'https://www.reddit.com/r/Bitcoin/comments/net9mu/everyone_acting_like_there_hasnt_been_dips_like/gyii1ls/', 'If peeing your pants is cool consider me Miles Davis!', 'net9mu'], ['u/tuningpt95', 18, '2021-05-18 03:08', 'https://www.reddit.com/r/Bitcoin/comments/net9mu/everyone_acting_like_there_hasnt_been_dips_like/gyikk5f/', 'Me too and I staked it for more', 'net9mu'], ['u/willmyfordmakeit', 10, '2021-05-18 03:38', 'https://www.reddit.com/r/Bitcoin/comments/net9mu/everyone_acting_like_there_hasnt_been_dips_like/gyio9om/', 'Got my limit orders in. Mama didn’t raise no bech', 'net9mu'], ['u/Thisnickname', 13, '2021-05-18 03:39', 'https://www.reddit.com/r/Bitcoin/comments/net9mu/everyone_acting_like_there_hasnt_been_dips_like/gyioboc/', "I've finally beat all fear. Took me about 4 years. Now I just smile and keep buying no matter what happens. Never scared, never feel like selling.", 'net9mu'], ['u/btcprint', 39, '2021-05-18 04:07', 'https://www.reddit.com/r/Bitcoin/comments/net9mu/everyone_acting_like_there_hasnt_been_dips_like/gyiroe1/', "2013 went from 200's to 80's before tearing to $1000+.\n\nFour years later, 2017, went from 3000 to 2000 before tearing to $20k\n\nFour years later, 2021, went from 64k to 42k before tearing to $420,069", 'net9mu'], ['u/-SleepyPenguin-', 15, '2021-05-18 04:16', 'https://www.reddit.com/r/Bitcoin/comments/net9mu/everyone_acting_like_there_hasnt_been_dips_like/gyisohd/', "If it goes to 4k I'll sell both my kidneys, eyes, ears and buy BTC. That's the only way to go all in. /s", 'net9mu'], ['u/LeonardSmallsJr', 24, '2021-05-18 04:43', 'https://www.reddit.com/r/Bitcoin/comments/net9mu/everyone_acting_like_there_hasnt_been_dips_like/gyivubw/', 'Math checks out. Consider this thesis peer reviewed.', 'net9mu'], ['u/Amexblackvisa', 17, '2021-05-18 05:01', 'https://www.reddit.com/r/Bitcoin/comments/net9mu/everyone_acting_like_there_hasnt_been_dips_like/gyixv8a/', 'I made the mistake of selling back when it tanked in 2018 lost about 30% and you obviously saw the rebound. Won’t be as stupid this time. Once bitten twice shy.', 'net9mu'], ['u/-SleepyPenguin-', 10, '2021-05-18 05:14', 'https://www.reddit.com/r/Bitcoin/comments/net9mu/everyone_acting_like_there_hasnt_been_dips_like/gyizb4w/', "You son of a bitch, I'm in", 'net9mu'], ['u/gacode2', 27, '2021-05-18 06:48', 'https://www.reddit.com/r/Bitcoin/comments/net9mu/everyone_acting_like_there_hasnt_been_dips_like/gyj8lrc/', "I may get downvoted to the seventh hell for this. But Realistically speaking, if Bitcoin ever drop down to 1 penny, it's over man.", 'net9mu']]], ['u/consciousbeast', '🔥Hoge is going to shock a lot of people. 🤯 Read more inside.', 227, '2021-05-18 00:05', 'https://www.reddit.com/r/hoge/comments/netbz1/hoge_is_going_to_shock_a_lot_of_people_read_more/', "Imagine if Bitcoin or Ethereum with all their seriousness were also fun as doge. That is what hoge is. No coin has the potential of generating real world money and businesses with its hybrid Dao but also fun (good branding) so people can relate to it like hoge does. Hoge is the perfect balance of fun and serious. That is what 🏦 and finance have been trying to do for years byt have failed FOR YEARS. It's seems we have the spark and fire to do just that. Just be patient abd continue to see this play out. The potential is there!", 'https://www.reddit.com/r/hoge/comments/netbz1/hoge_is_going_to_shock_a_lot_of_people_read_more/', 'netbz1', [['u/walnuttz', 22, '2021-05-18 00:35', 'https://www.reddit.com/r/hoge/comments/netbz1/hoge_is_going_to_shock_a_lot_of_people_read_more/gyi234v/', 'It will be a glorious day indeed. #HogefullyOptimistic', 'netbz1'], ['u/cthoma36', 17, '2021-05-18 00:52', 'https://www.reddit.com/r/hoge/comments/netbz1/hoge_is_going_to_shock_a_lot_of_people_read_more/gyi47qm/', 'Couldn’t agree more. Well said', 'netbz1'], ['u/dogememore', 12, '2021-05-18 01:12', 'https://www.reddit.com/r/hoge/comments/netbz1/hoge_is_going_to_shock_a_lot_of_people_read_more/gyi6nj4/', 'such true\n\nmuch agree \n\nso real', 'netbz1'], ['u/mesh_HOGE', 53, '2021-05-18 01:54', 'https://www.reddit.com/r/hoge/comments/netbz1/hoge_is_going_to_shock_a_lot_of_people_read_more/gyibr3b/', 'Exactly. We meme business.', 'netbz1'], ['u/consciousbeast', 19, '2021-05-18 01:56', 'https://www.reddit.com/r/hoge/comments/netbz1/hoge_is_going_to_shock_a_lot_of_people_read_more/gyibyu2/', 'I love how you say we meme business. That shoyld be one of phrases. Dope.', 'netbz1'], ['u/Mykonosi', 28, '2021-05-18 03:12', 'https://www.reddit.com/r/hoge/comments/netbz1/hoge_is_going_to_shock_a_lot_of_people_read_more/gyil2n3/', 'Yea Sounds like a great slogan. \n\nHoge.Finance\nWe meme business.', 'netbz1'], ['u/PrysmX', 11, '2021-05-18 04:50', 'https://www.reddit.com/r/hoge/comments/netbz1/hoge_is_going_to_shock_a_lot_of_people_read_more/gyiwpwd/', 'This needs to be official.', 'netbz1'], ['u/fre3ktown', 16, '2021-05-18 04:58', 'https://www.reddit.com/r/hoge/comments/netbz1/hoge_is_going_to_shock_a_lot_of_people_read_more/gyixjjj/', 'Sounds like the next billboard 😃', 'netbz1']]], ['u/ClaustrophobicShop', "Some projects need better marketing...I'm looking at you XTZ, ALGO, etc", 141, '2021-05-18 00:13', 'https://www.reddit.com/r/CryptoCurrency/comments/netiat/some_projects_need_better_marketingim_looking_at/', "Or, in other words...hey, media, there are more than just 2-3 cryptos out there. I keep seeing articles that say the only choices of capable cryptos are BTC, ETH, XRP, ADA. Seriously? There are so many other good ones that should be talked about: XTZ, ALGO, ICX, IOTA, ATOM, etc. Sorry for the rant, but these articles I'm seeing really want to sound like an authority that there are only a couple of choices.", 'https://www.reddit.com/r/CryptoCurrency/comments/netiat/some_projects_need_better_marketingim_looking_at/', 'netiat', [['u/step11234', 32, '2021-05-18 00:14', 'https://www.reddit.com/r/CryptoCurrency/comments/netiat/some_projects_need_better_marketingim_looking_at/gyhzhv0/', 'I agree (ALGO Maxi here), but i believe long term they will show their worth', 'netiat'], ['u/magus-21', 91, '2021-05-18 00:15', 'https://www.reddit.com/r/CryptoCurrency/comments/netiat/some_projects_need_better_marketingim_looking_at/gyhzmcp/', 'ALGO seems to be getting a LOT of (seemingly) grassroots attention lately. Sleeping giant in the mix?', 'netiat'], ['u/Renegade_Punk', 17, '2021-05-18 00:26', 'https://www.reddit.com/r/CryptoCurrency/comments/netiat/some_projects_need_better_marketingim_looking_at/gyi0ywl/', "XRP isn't even a good pick", 'netiat'], ['u/Probetsman', 38, '2021-05-18 00:29', 'https://www.reddit.com/r/CryptoCurrency/comments/netiat/some_projects_need_bet... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
37002.44, 40782.74, 37304.69, 37536.63, 34770.58, 38705.98, 38402.22, 39294.20, 38436.97, 35697.61
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['Ethereum Ethereum rose by 2.82% on Tuesday. Partially reversing an 8.41% slide from Monday, Ethereum ended the day at $3,375.96. A mixed start to the day saw Ethereum fall to an early morning intraday low $3,241.06 before making a move. Steering clear of the first major support level at $3,064, Ethereum rallied to a late morning intraday high $3,567.40. Ethereum broke through the 23.6% FIB of $3,369 and the first major resistance level at $3,546 before hitting reverse. The reversal saw Ethereum fall back through the first major resistance level and the 23.6% FIB of $3,369 before wrapping up the day at $3,375 levels. At the time of writing, Ethereum was up by 1.29% to $3,419.41. A mixed start to the day saw Ethereum fall to an early morning low $3,356.80 before rising to a high $3,419.76 While leaving the major support and resistance levels untested early on, Ethereum tested support at the 23.6% FIB of $3,369. For the day ahead Ethereum would need to avoid the $3,395 pivot to bring the first major resistance level at $3,549 into play. Support from the broader market would be needed, however, for Ethereum to break back through to $3,500 levels. Barring an extended crypto rally, the first major resistance level and resistance at $3,600 would likely cap any upside. In the event of a breakout, Ethereum could test the second major resistance level at $3,721. Failure to avoid a fall back through the $3,395 pivot would bring the 23.6% FIB of $3,369 and the first major support level at $3,222 into play. Barring an extended sell-off, however, Ethereum should steer clear of the second major support level at $3,069. Looking at the Technical Indicators First Major Support Level: $3,222 Pivot Level: $3,395 First Major Resistance Level: $3,549 23.6% FIB Retracement Level: $3,369 38.2% FIB Retracement Level: $2,740 62% FIB Retracement Level: $1,725 Litecoin Litecoin rose by 4.49% on Tuesday. Reversing a 4.94% loss from Monday, Litecoin ended the day at $294.13. Story continues A mixed start to the day saw Litecoin fall to an early morning intraday low $278.49 before making a move. Steering clear of the 38.2% FIB of $265 and the first major support level at $263, Litecoin rallied to a late morning intraday high $318.43. Litecoin broke through the first major resistance level at $298 and the second major resistance level at $315. An early afternoon pullback, however, saw Litecoin slide back to sub-$290 levels before finding support. Litecoin broke back through the first major resistance level at $298 to revisit $312 levels before ending the day at $294 levels. At the time of writing, Litecoin was up by 0.78% to $296.43. A mixed start to the day saw Litecoin fall to an early morning low $290.79 before rising to a high $296.91. Litecoin left the major support and resistance levels untested early on. For the day ahead Litecoin would need to move through the $297 pivot to bring the first major resistance level at $315 into play. Support from the broader market would be needed, however, for Litecoin to break back through to $315 levels. Barring an extended crypto rally, the first major resistance level and Tuesday\x92s high $318.43 would likely cap any upside. In the event of an extended breakout, Litecoin could test resistance at $340. Litecoin would need plenty of support, however, to break through the 23.6% FIB of $322. The second major resistance level sits at $336. Failure to move through the $297 pivot would bring the first major support level at $276 into play. Barring another extended sell-off, however, Litecoin should steer clear of the Second major support level at $258. the 38.2% FIB of $265 should limit the downside. Looking at the Technical Indicators First Major Support Level: $276 Pivot Level: $297 First Major Resistance Level: $315 23.6% FIB Retracement Level: $322 38.2% FIB Retracement Level: $265 62% FIB Retracement Level: $174 Ripple\x92s XRP Ripple\x92s XRP rallied by 6.46% on Tuesday. Following on from a 3.12% gain on Monday, Ripple\x92s XRP ended the day at $1.59238. A mixed start to the day saw Ripple\x92s XRP fall to an early morning intraday low $1.47311 before making a move. Steering clear of the first major support level at $1.3606, Ripple\x92s XRP rallied to a late morning intraday high $1.70425. Ripple\x92s XRP broke through the 23.6% FIB of $1.5426 and the first major resistance level at $1.5966. Coming up against the second major resistance level at $1.6979, however, Ripple\x92s XRP fell back to $1.52 levels. Finding late support, Ripple\x92s XRP broke back through the 23.6% FIB of $1.5426 to end the day at $1.59 levels. The first major resistance level at $1.5966 pinned Ripple\x92s XRP back late in the day. At the time of writing, Ripple\x92s XRP was up by 0.24% to $1.59621. A mixed start to the day saw Ripple\x92s XRP fall to an early morning low $1.57889 before rising to a high $1.59835. Ripple\x92s XRP left the major support and resistance levels untested early on. For the day ahead Ripple\x92s XRP will need to avoid a fall back through the $1.5900 pivot to bring the first major resistance level at $1.7067 into play. Support from the broader market would be needed, however, for Ripple\x92s XRP to break back through to $1.70 levels. Barring an extended crypto rally, the first major resistance level and Tuesday\x92s high $1.70425 would likely cap any upside. In the event of another extended rally, Ripple\x92s XRP could test resistance at $1.90 levels. The second major resistance level sits at $1.8209. Failure to avoid a fall back through the $1.5900 pivot would bring the 23.6% FIB of $1.5426 and the first major support level at $1.4757 into play. Barring another extended sell-off, however, Ripple\x92s XRP should steer clear of sub-$1.40 levels. The second major support level sits at $1.3590. Looking at the Technical Indicators First Major Support Level: $1.4757 Pivot Level: $1.5900 First Major resistance Level: $1.7067 23.6% FIB Retracement Level: $1.5426 38.2% FIB Retracement Level: $1.2807 62% FIB Retracement Level: $0.8573 Please let us know what you think in the comments below . Thanks, Bob This article was originally posted on FX Empire More From FXEMPIRE: Dogecoin \x96 Daily Tech Analysis \x96 May 19th, 2021 Silver Price Forecast \x96 Silver Markets Pullback After Initial Surge Higher S&P 500 Price Forecast \x96 Stock Markets Quiet on Tuesday The $217 Million Dollar Pizza: Don\x92t Let These 3 Stocks Get Away Like Bitcoin Natural Gas Price Forecast \x96 Natural Gas Markets Pull Back Crude Oil Price Update \x96 Momentum Could Shift to Downside on Close Under $66.28', 'Ethereumrose by 2.82% on Tuesday. Partially reversing an 8.41% slide from Monday, Ethereum ended the day at $3,375.96.\nA mixed start to the day saw Ethereum fall to an early morning intraday low $3,241.06 before making a move.\nSteering clear of the first major support level at $3,064, Ethereum rallied to a late morning intraday high $3,567.40.\nEthereum broke through the 23.6% FIB of $3,369 and the first major resistance level at $3,546 before hitting reverse.\nThe reversal saw Ethereum fall back through the first major resistance level and the 23.6% FIB of $3,369 before wrapping up the day at $3,375 levels.\nAt the time of writing, Ethereum was up by 1.29% to $3,419.41. A mixed start to the day saw Ethereum fall to an early morning low $3,356.80 before rising to a high $3,419.76\nWhile leaving the major support and resistance levels untested early on, Ethereum tested support at the 23.6% FIB of $3,369.\nEthereum would need to avoid the $3,395 pivot to bring the first major resistance level at $3,549 into play.\nSupport from the broader market would be needed, however, for Ethereum to break back through to $3,500 levels.\nBarring an extended crypto rally, the first major resistance level and resistance at $3,600 would likely cap any upside.\nIn the event of a breakout, Ethereum could test the second major resistance level at $3,721.\nFailure to avoid a fall back through the $3,395 pivot would bring the 23.6% FIB of $3,369 and the first major support level at $3,222 into play.\nBarring an extended sell-off, however, Ethereum should steer clear of the second major support level at $3,069.\nFirst Major Support Level: $3,222\nPivot Level: $3,395\nFirst Major Resistance Level: $3,549\n23.6% FIB Retracement Level: $3,369\n38.2% FIB Retracement Level: $2,740\n62% FIB Retracement Level: $1,725\nLitecoinrose by 4.49% on Tuesday. Reversing a 4.94% loss from Monday, Litecoin ended the day at $294.13.\nA mixed start to the day saw Litecoin fall to an early morning intraday low $278.49 before making a move.\nSteering clear of the 38.2% FIB of $265 and the first major support level at $263, Litecoin rallied to a late morning intraday high $318.43.\nLitecoin broke through the first major resistance level at $298 and the second major resistance level at $315.\nAn early afternoon pullback, however, saw Litecoin slide back to sub-$290 levels before finding support.\nLitecoin broke back through the first major resistance level at $298 to revisit $312 levels before ending the day at $294 levels.\nAt the time of writing, Litecoin was up by 0.78% to $296.43. A mixed start to the day saw Litecoin fall to an early morning low $290.79 before rising to a high $296.91.\nLitecoin left the major support and resistance levels untested early on.\nLitecoin would need to move through the $297 pivot to bring the first major resistance level at $315 into play.\nSupport from the broader market would be needed, however, for Litecoin to break back through to $315 levels.\nBarring an extended crypto rally, the first major resistance level and Tuesday’s high $318.43 would likely cap any upside.\nIn the event of an extended breakout, Litecoin could test resistance at $340. Litecoin would need plenty of support, however, to break through the 23.6% FIB of $322. The second major resistance level sits at $336.\nFailure to move through the $297 pivot would bring the first **Last 60 Days of Bitcoin's Closing Prices:** [58313.64, 57523.42, 54529.14, 54738.95, 52774.27, 51704.16, 55137.31, 55973.51, 55950.75, 57750.20, 58917.69, 58918.83, 59095.81, 59384.31, 57603.89, 58758.55, 59057.88, 58192.36, 56048.94, 58323.95, 58245.00, 59793.23, 60204.96, 59893.45, 63503.46, 63109.70, 63314.01, 61572.79, 60683.82, 56216.18, 55724.27, 56473.03, 53906.09, 51762.27, 51093.65, 50050.87, 49004.25, 54021.75, 55033.12, 54824.70, 53555.11, 57750.18, 57828.05, 56631.08, 57200.29, 53333.54, 57424.01, 56396.52, 57356.40, 58803.78, 58232.32, 55859.80, 56704.57, 49150.54, 49716.19, 49880.54, 46760.19, 46456.06, 43537.51, 42909.40] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2021-05-19 **Financial & Commodity Data:** - Gold Closing Price: $1881.30 - Crude Oil Closing Price: $63.36 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $729,763,005,609 - Hash Rate: 155633456.42227483 - Transaction Count: 263419.0 - Unique Addresses: 734818.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.23 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Subscribe to The Ledger for expert weekly analysis on fintech’s big stories, delivered free to your inbox. By the time SuperRare came online on April 4, 2018, the price of Bitcoin more than halved to less than $7,000 per Bitcoin from the year’s ebullient, near-$20,000 per Bitcoin start . The cryptocurrency-based art marketplace found itself, after months of labor, plunged into the depths of an industry-wide “ crypto winter .” Even so, during that troubled year, the website attracted a niche fanbase that bought and sold thousands of dollars of digital artworks per month. That devotion sustained SuperRare’s founders, who continued to work on the site, even if they had to take up freelance web consulting side-gigs to earn a living. “We stuck it out for quite a while with, like, really low volumes,” says John Crain, SuperRare’s cofounder and chief executive. “We were pretty confident that a market would eventually evolve, but I'm certainly surprised at how quickly things took off and how celebrities started tweeting about” the recent digital art craze . https://twitter.com/Benioff/status/1376705963995070466?s=20 This year has been a very different story. Cryptocurrency mania re-gripped the world in 2020, and that bullish exuberance has spilled over into the so-called crypto art world—juiced, no doubt, by the digital artist Beeple’s recent stunning $69 million Christie’s auction . Between January and February, average artist sales on SuperRare skyrocketed to $10 million from $2 million. This month the figure is nearing $27 million. SuperRare’s sudden growth has piqued investors’ interest. SuperRare said it plans to announce Tuesday that it has raised $9 million in venture capital funding. The new cash infusion follows the company raising an initial “seed” round of $1.4 million in Sept. Flipping the art market Nick Tomaino, founder and general partner of 1confirmation, a cryptocurrency-focused investment fund that is one of the deal’s leaders, says the investment speaks to the long-term potential for digital art . Story continues Non-fungible tokens, or NFTs , the blockchain-based digital collectible craze that is fueling the crypto art boom, “are obviously hyped like crazy right now,” says Tomaino, who is a digital art collector and an investor in the crypto art marketplace OpenSea . Other rival marketplaces include Rarible and Nifty Gateway. “The big Beeple sales have gotten the headlines,” continues Tomaino, who formerly worked in business development at Coinbase, America’s biggest cryptocurrency exchange. “But the broad growth of the industry as reflected by the data feels under covered.” Tomaino expects the upside for digital art—already a $400 million market, by his measure—to eclipse the pain of any possible short-term wintry bust. In 10 years, “digital art has a chance to exceed $3 trillion in total value and flip traditional art,” he says. In other words, Tomaino believes virtual art will garner a bigger market than its physical predecessor. This rosy forecast of his is based on a belief that blockchain technology will bring transparency, liquidity, and democratized access to a market once characterized by opacity, illiquidity, and exclusivity. Zooming out of the frame Other investors share that vision, or at least they see enough of it to back SuperRare. Co-leading the round is Velvet Sea Ventures, another venture capital fund. Other participants include tech investing celebrities such as Ashton Kutcher, Mark Cuban, Marc Benioff, Naval Ravikan,t and Chamath Palihapitiya. Samsung Next, the venture capital arm of the Korean electronics giant, is also participating in the round. Intriguingly, the company sells a high-end TV called “the frame” that doubles as a digital art display, a product that could benefit from a thriving digital art market. When asked about his interest in SuperRare, David Lee, who heads Samsung Next, describes possible synergy with “the frame” as “speculative.” Samsung’s big strength is mobile devices, he says, and “when we see more and more builders and developers in an area such as digital art, we get pumped up about what the future could look like and what how Samsung could support that future.” This isn’t Samsung’s first NFT-related investment. Samsung is a backer of Dapper Labs , another startup that specializes in digital collectibles . The two companies partnered last year to release a mobile app on Samsung Galaxy phones related to NBA Top Shots , one of the biggest virtual trading card franchises. “NFTs are a tool. They’re a piece of infrastructure that facilitates our collecting,” says SuperRare CEO Crain, noting that digital trading cards are an "obvious" application. “Along the way, as these kinds of new markets grow and mature, there are certainly going to be booms and busts.” Despite that cyclicality, Crain believes some behaviors are grounded deeply in human nature and have longevity. “Collecting is an ancient activity people have been doing for hundreds of years,” Crain opines. On that basis, he says, “digital art collecting is going to be a massive market.” More must-read finance coverage from Fortune : A fourth stimulus check? Don’t count on it Does Biden’s $1 billion in canceled student loans set the stage for mass debt forgiveness ? U.K. stocks are the "trade of the 2020s" says markets sage Rob Arnott Commentary: "Open banking" tech could make the economy truly inclusive You could soon be paying $3 per gallon of gas This story was originally featured on Fortune.com... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
40782.74, 37304.69, 37536.63, 34770.58, 38705.98, 38402.22, 39294.20, 38436.97, 35697.61, 34616.07
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['Consumers have received a fictitious email asking them to provide abitcoinwallet key that would purportedly enable a transfer of funds under the control of the U.S. Office of the Comptroller of the Currency (OCC), according to an alert from the agency on Wednesday.\nThe fake message, which contains multiple typos and grammatical errors, allegedly comes from the OCC or senior agency officials.\n“Your fund $10.5M is ready to be paid to you,” thecommunicationsaid. “Note your fund can only be paid to you VIA a Bitcoin Wallet Address ID NO.” The message claims that “the IMF.UNITED NATIONS and WORLD BANK have made a new policy that any debt or payment belonging to an individual above $1M should be paid through a bitcoin wallet address.”\nRelated:Australian Minister Says Government Has ‘No Issue’ With Crypto Investment\nThe federal regulatory agency warned that any communication claiming the OCC is “holding … funds for the benefit of any individual” is “fraudulent,” and that consumers should not respond “in any manner” to the message.\nThe fraudulent email comes two days after the U.S. Federal Trade Commission (FTC)reporteda dramatic surge in cryptocurrency investment scam reports over a six-month period extending from the last quarter of 2020 through the first quarter of 2021.\nAccording to the FTC, during this timeframe about 7,000 consumers reported losses from cryptocurrency scams amounting to over $80 million, a roughly 12-fold increase in the volume of reports and an almost 1,000% increase in reported losses compared to the same six-month period a year earlier.\nThe FTC said that younger consumers were most vulnerable to these scams. Investors between the ages of 20 and 49 were likelier to report losing money in cryptocurrency scams than older investors. The report also found that more than half the investment scam losses for people in their 20s and 30s involved cryptocurrency. However, individual losses to cryptocurrency scams among older age groups, although less frequent, were greater with a $3,250 median loss.\nRelated:Senate Banking Chairman ‘Concerned’ by OCC’s Crypto Charters\nIn the OCC alert, the agency said scammers instructed potential victims to respond to one of three email addresses: [email protected], [email protected] and [email protected].\nThe agency said consumers receiving the fraudulent emails should contact the OCC’s Special Supervision Division, the U.S. Department of the Treasury, Office Inspector General, the FTC or consumer protection groups.\n• OCC, Fed, FDIC Mulling Forming an Interagency Policy Team on Crypto\n• QuadrigaCX: An Exit Scam or Just a Crypto Tragedy?', 'Consumers have received a fictitious email asking them to provide a bitcoin wallet key that would purportedly enable a transfer of funds under the control of the U.S. Office of the Comptroller of the Currency (OCC), according to an alert from the agency on Wednesday. The fake message, which contains multiple typos and grammatical errors, allegedly comes from the OCC or senior agency officials. “Your fund $10.5M is ready to be paid to you,” the communication said. “Note your fund can only be paid to you VIA a Bitcoin Wallet Address ID NO.” The message claims that “the IMF.UNITED NATIONS and WORLD BANK have made a new policy that any debt or payment belonging to an individual above $1M should be paid through a bitcoin wallet address.” Related: Australian Minister Says Government Has ‘No Issue’ With Crypto Investment The federal regulatory agency warned that any communication claiming the OCC is “holding … funds for the benefit of any individual” is “fraudulent,” and that consumers should not respond “in any manner” to the message. The fraudulent email comes two days after the U.S. Federal Trade Commission (FTC) reported a dramatic surge in cryptocurrency investment scam reports over a six-month period extending from the last quarter of 2020 through the first quarter of 2021. According to the FTC, during this timeframe about 7,000 consumers reported losses from cryptocurrency scams amounting to over $80 million, a roughly 12-fold increase in the volume of reports and an almost 1,000% increase in reported losses compared to the same six-month period a year earlier. The FTC said that younger consumers were most vulnerable to these scams. Investors between the ages of 20 and 49 were likelier to report losing money in cryptocurrency scams than older investors. The report also found that more than half the investment scam losses for people in their 20s and 30s involved cryptocurrency. However, individual losses to cryptocurrency scams among older age groups, although less frequent, were greater with a $3,250 median loss. Story continues Related: Senate Banking Chairman ‘Concerned’ by OCC’s Crypto Charters In the OCC alert, the agency said scammers instructed potential victims to respond to one of three email addresses: [email protected], [email protected] and [email protected]. The agency said consumers receiving the fraudulent emails should contact the OCC’s Special Supervision Division, the U.S. Department of the Treasury, Office Inspector General, the FTC or consumer protection groups. Related Stories OCC, Fed, FDIC Mulling Forming an Interagency Policy Team on Crypto QuadrigaCX: An Exit Scam or Just a Crypto Tragedy?', 'Consumers have received a fictitious email asking them to provide abitcoinwallet key that would purportedly enable a transfer of funds under the control of the U.S. Office of the Comptroller of the Currency (OCC), according to an alert from the agency on Wednesday.\nThe fake message, which contains multiple typos and grammatical errors, allegedly comes from the OCC or senior agency officials.\n“Your fund $10.5M is ready to be paid to you,” thecommunicationsaid. “Note your fund can only be paid to you VIA a Bitcoin Wallet Address ID NO.” The message claims that “the IMF.UNITED NATIONS and WORLD BANK have made a new policy that any debt or payment belonging to an individual above $1M should be paid through a bitcoin wallet address.”\nRelated:Australian Minister Says Government Has ‘No Issue’ With Crypto Investment\nThe federal regulatory agency warned that any communication claiming the OCC is “holding … funds for the benefit of any individual” is “fraudulent,” and that consumers should not respond “in any manner” to the message.\nThe fraudulent email comes two days after the U.S. Federal Trade Commission (FTC)reporteda dramatic surge in cryptocurrency investment scam reports over a six-month period extending from the last quarter of 2020 through the first quarter of 2021.\nAccording to the FTC, during this timeframe about 7,000 consumers reported losses from cryptocurrency scams amounting to over $80 million, a roughly 12-fold increase in the volume of reports and an almost 1,000% increase in reported losses compared to the same six-month period a year earlier.\nThe FTC said that younger consumers were most vulnerable to these scams. Investors between the ages of 20 and 49 were likelier to report losing money in cryptocurrency scams than older investors. The report also found that more than half the investment scam losses for people in their 20s and 30s involved cryptocurrency. However, individual losses to cryptocurrency scams among older age groups, although less frequent, were greater with a $3,250 median loss.\nRelated:Senate Banking Chairman ‘Concerned’ by OCC’s Crypto Charters\nIn the OCC alert, the agency said scammers instructed potential victims to respond to one of three email addresses: [email protected], [email protected] and [email protected].\nThe agency said consumers receiving the fraudulent emails should contact the OCC’s Special Supervision Division, the U.S. Department of the Treasury, Office Inspector General, the FTC or consumer protection groups.\n• OCC, Fed, FDIC Mulling Forming an Interagency Policy Team on Crypto\n• QuadrigaCX: An Exit Scam or Just a Crypto Tragedy?', '* Pressure remains on bitcoin, cryptos after crash * MSCI AxJ index wobbles lower; dollar holds gains * Commods drop as China vows crackdown on speculation By Tom Westbrook SINGAPORE, May 20 (Reuters) - Stock markets struggled for traction on Thursday after a jittery session on Wall Street where cryptocurrencies crashed and a hint of tapering talk from the U.S. Federal Reserve drove selling in the bond market and lifted the safe-haven dollar. Benchmarks in South Korea and Japan were either side of flat in morning trade and Hong Kong\'s Hang Seng fell about 0.8% to pull MSCI\'s broadest index of Asia-Pacific shares outside Japan down by 0.2%. Bitcoin, which plunged as much as 30% to $30,000 overnight, was struggling for support around $36,000. U.S. stock futures wobbled just below flat. Commodities also fell, Treasuries nursed losses while the dollar held overnight gains. Fed minutes published on Wednesday said "a number" of officials thought that if the recovery holds up, it might be appropriate to "begin discussing a plan for adjusting the pace of asset purchases". "This is very much the market view, really," ING economist Rob Carnell said on the phone from Singapore, with traders expecting strong hints over summer that the taper is coming and that policy support could start to ease in December. "This is taking us to where we think we\'re going to go, and perhaps this removes a little bit of uncertainty around that - so you get a slight increase in bond yields and the dollar rallying a little bit." The yield on benchmark 10-year U.S. Treasuries rose 4.1 basis points overnight to 1.6830% and dipped to 1.6676% early in Tokyo trade. The dollar scraped itself off a four-month low to hover around $1.2183 per euro. The dollar also rose through its 20-day moving average against the yen, Aussie and kiwi. It last bought 109.17 yen and the dollar index was last at 90.149. On Wall Str **Last 60 Days of Bitcoin's Closing Prices:** [57523.42, 54529.14, 54738.95, 52774.27, 51704.16, 55137.31, 55973.51, 55950.75, 57750.20, 58917.69, 58918.83, 59095.81, 59384.31, 57603.89, 58758.55, 59057.88, 58192.36, 56048.94, 58323.95, 58245.00, 59793.23, 60204.96, 59893.45, 63503.46, 63109.70, 63314.01, 61572.79, 60683.82, 56216.18, 55724.27, 56473.03, 53906.09, 51762.27, 51093.65, 50050.87, 49004.25, 54021.75, 55033.12, 54824.70, 53555.11, 57750.18, 57828.05, 56631.08, 57200.29, 53333.54, 57424.01, 56396.52, 57356.40, 58803.78, 58232.32, 55859.80, 56704.57, 49150.54, 49716.19, 49880.54, 46760.19, 46456.06, 43537.51, 42909.40, 37002.44] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2021-05-20 **Financial & Commodity Data:** - Gold Closing Price: $1881.80 - Crude Oil Closing Price: $62.05 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $729,763,005,609 - Hash Rate: 139447576.95435822 - Transaction Count: 228039.0 - Unique Addresses: 694786.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.11 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: If you’ve been following the news, you undoubtedly know afew things about Bitcoin right now. Find:Why Some Money Experts Believe In Bitcoin and Others Don’t One: It’s a cryptocurrency. Two: One Bitcoin is worth more than $40,000 in U.S. dollars, although the price fluctuates wildly day to day. Three: Electric vehicle manufacturer Tesla recently invested in Bitcoin and announced it would soon allow people to purchase its cars using the cryptocurrency. But, if you’re like many people, you’re still fuzzy on a few things, including exactly what cryptocurrency is, how it works and if it’s a safe way to invest your money. See:Dogecoin’s Major Price Increase: Is It a Worthwhile Investment?Find:Bitcoin Is Pricey and Headed for a Crash – Consider These Smart Crypto Alternatives Bitcoin was invented in 2009 as a form of digital currency. Unlike paper money or debit cards, which represent paper money the buyer holds in a bank, Bitcoin has no physical form. It’s all stored digitally, providing increased security over checks, paper money transactions and even other digital transactions, which, again, represent the exchange of paper money held in accounts. As of Monday morning, Bitcoin’s value sits at $47,794, up approximately 20% since last week, according to Reuters. For perspective, in 2010, a single Bitcoin was worth only 8 cents in USD, Investopedia writes. See:Long-Term Investors Hold Most of the Bitcoin SupplyThe Hype Around NFTs:What Are They? And How Pricey Do They Get? Bitcoin was the first cryptocurrency, but today there are more than 6,700 cryptocurrencies traded on public markets, according to the website CoinMarketCap. Although Bitcoin and other cryptocurrencies are used for the exchange of goods and services on the private market, they are not considered legal tender like U.S. dollars and coins. Some of the most common cryptos right now include Ethereum, Bitcoin Cash and Litecoin, which you can purchase through Paypal. Other, less common cryptos are termed altcoins. The most popular altcoin is Dogecoin, popularized by billionaire Elon Musk’s tweets. He recently shared, “Bought some Dogecoin for lil X, so he can be a toddler hodler.” The tweet was accompanied by a video of Musk and singer Grimes’ infant son declaring, “Dadada!” See:Musk Tweets Again and Dogecoin – a Bitcoin Rival – SkyrocketsOptions:All About Ethereum (ETH) — To Help You Decided If It’s Worth the Investment “Cryptocurrency is a fully decentralized peer-to-peer electronic money implemented by cryptography,” says Rob Zel, founder of crypto exchange bitni.com. Due to their nature, cryptocurrencies are not regulated, which carries risk of market volatility and loss for investors. However, the security risks and risk of fraud when using Bitcoin and other cryptocurrencies are vastly reduced. Also, due to the highly secure nature of transactions, purchases cannot be traced. That means individuals can use crypto to purchase illegal or highly regulated merchandise, including certain classes of drugs or firearms. Cryptocurrencies use cryptography technology to keep transactions and coins secure. “Cryptography, or cryptology, is the practice and study of techniques for secure communication in the presence of third parties called adversaries. The most common form of cryptography is using codes to send messages securely between two individuals,” says Dr. Alexander Shipilov, CEO of iModX, a blockchain-based marketplace. See:Crypto Bubble Brings a Curious Problem for InvestorsFind:What Are Digital Wallets? Cryptocurrencies are traded by means of a blockchain, which Shipilov describes as “a way for multiple computers to come to a consensus about a set of information.” He says, “The most common use of a blockchain is to create a ledger of financial transactions between multiple individuals.” Blockchains operate via cryptography, with each block in the chain cryptographically connected to the previous one. “The blockchain is stored and shared across a network of peer-to-peer nodes, similar to file-sharing torrents. The blocks are cryptographically secured against tampering. This makes it very difficult for nefarious parties to modify or shut down,” Zel says. See:How to Invest in CryptocurrencyFind:The Most Googled Money Questions – Answered So, thanks to blockchain technology, Bitcoin and other crypto transactions may be inherently more secure than other types of digital transactions, such as online banking, money transfers through digital wallets or peer-to-peer payment services. But it’s important to emphasize that these services all use state-of-the-art encryption technology to protect your funds digitally. Also, most banks offer fraud protection so that if your account is hacked, the bank will return your missing funds up to a certain amount, which varies by institution. The technology used to keep crypto investments secure is also effective. In fact, it’s so secure that some people who invested in Bitcoin years ago have lost their password with no way to reset it. That wouldn’t happen with a regular bank account or peer-to-peer payment service, which offer ways to reset your online banking password so you can access your money. See:Steal These Money Secrets from 25 Millionaires Under 25Find:How to Invest Your Money in 2021 Although your crypto investment is likely “secure,” that doesn’t mean it’s “safe” by any means. There are two elements that make cryptocurrency riskier than holding cash in a bank account: market volatility and lack of federal insurance and regulation. When you hold your money in a bank account, it is FDIC-insured for up to $250,000 per depositor, per account class, per bank. That means if you have your own checking account with $100,000 in it, a savings account with $50,000 in it and a CD with a $100,000 investment, all within a single FDIC-insured bank, your funds are all protected by the Federal Deposit Insurance Corporation. If your bank goes out of business, you will not lose your money. On the other hand, if something happens to the company holding your crypto, you could lose your entire investment. See:Banks Might Treat Bitcoin Like ‘Real Money’ – These Experts Weigh the Pros and ConsFind:Mark Cuban – “Bitcoin is Exactly like the Dot Com Bubble” Crypto, like stocks and other investments, also tend to fluctuate wildly. When you hold cash in a bank, the value of your money will fluctuate marginally based on inflation or deflation. That represents the value of the dollar. But it’s highly unlikely you would lose — or gain — large amounts of money overnight. “Cryptocurrencies tend to be highly volatile,” Zel says. “In one day, a coin can move 20% or more. Some newly invented coins can jump 40x in their first few months.” There’s another concern for those seeking a safe haven for their money. “Occasionally, a newly invented coin will be a complete scam and the founders will take the money from investors and disappear, leaving them holding a worthless token,” Zel says. See:9 Investing Bubbles That Will Make You Rethink BitcoinFind:The Classic Cons Behind These Digital-Age Scams Right now, Bitcoin and other cryptocurrencies are considered both an asset, traded like stocks, and a currency, used in the exchange of goods and services. However, high transaction fees and the volatility of the coins prevent its widespread adoption as a currency, Zel says. You can use Bitcoin and other cryptos to make purchases, but it’s not always ideal. See:PayPal Finally Welcomes Bitcoin, More Cryptocurrencies Shipilov adds that the vast majority of cryptos right now are being treated as assets rather than currency. “They are being speculated on by investors who assume the asset will increase in value over a long-time horizon,” he says. However, although people have gained millions through their Bitcoin investments in the past year, crypto may not be the best choice for beginning investors or those with low risk tolerance. “Crypto are non-regulated assets with a high degree of volatility, limited government oversight, and the majority of cryptocurrency lose most or all their value extremely quickly, with over half failing in the first four months,” Shipilov warns. More From GOBankingRates • Don’t Miss Out on Nominating Your Favorite Small Business To Be Featured on GOBankingRates — Ends May 31 • Everything You Need To Know About Taxes This Year • What Income Level Is Considered Middle Class in Your State? • The Average Retirement Age in Every State Last updated: Feb. 15, 2021 This article originally appeared onGOBankingRates.com:How Does Cryptocurrency Work – and Is It Safe?... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
37304.69, 37536.63, 34770.58, 38705.98, 38402.22, 39294.20, 38436.97, 35697.61, 34616.07, 35678.13
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['Anyone new to the crypto sphere received a freezing cold bath this week as the whole space from Bitcoin downwards went through one of its terrifying swoons. The freefall kicked off after Elon Musk said Tesla will no longer accept Bitcoin as a form of payment due to the huge energy resources required to mine it and accelerated from there.\nCrypto mining was also high on the agenda this week at Nvidia (NVDA), but for an entirely different reason. The crypto gold rush has caused a huge uptick in demand for Nvidia’s GPUs which are used for mining Ethereum and other cryptocurrencies. This has caused massive shortages for gamers – Nvidia’s core customers – who have found it increasingly difficult to get their hands on the graphics cards.\nNvidia has made it clear where its priorities lie. After announcing in February that all new 3060 mid-range graphics cards would come with a feature that would drop the Ethereum hash rate, the GPU giant has now announced it will slash the hash rate in the latest 3080, 3070, and 3060 Ti cards, making them less desirable for miners. The cards are expected to hit the stores at the end of May.\nSo, what does this all mean for investors, specifically, those who have been worried that a drop in the price of Ethereum will see a big sell-off of cards, which will flood the secondhand market, creating excess supply?\nRaymond James’Chris Casothinks there are two implications to consider from the announced change.\n“First, it will significantly reduce demand from miners for new NVDA 30-series cards. That will move shift demand from mining to gaming,” the 5-star analyst said. “But secondly, we think it will significantly reduce the risk of miners selling their used cards. That’s because only 3080 and 3070 cards manufactured before May will be very valuable to miners, and there will be no new supply coming onto the market (except for the mining-specific CMP cards sold to large miners, which is expected to represent $50 million in 1Q revenue).”\nTaking all of this into consideration, Caso stays with the bulls. The analyst rates NVDA a Strong Buy along with a $750 price target. Investors could be sitting on gains of 28%, should the target be met over the following months. (To watch Caso’s track record,click here)\nOverall, Nvidia has most of Wall Street’s analyst corps on its side. Out of 27 recent reviews, 2 recommend to Hold, while all the rest say Buy, naturally culminating in a Strong Buy consensus rating. In the year ahead, the shares are anticipated to add 21% of muscle, considering the average price target stands at $680.20. (See Nvidia stock analysis on TipRanks)\nTo find good ideas for tech stocks trading at attractive valuations, visit TipRanks’Best Stocks to Buy, a newly launched tool that unites all of TipRanks’ equity insights.\nDisclaimer: The opinions expressed in this article are solely those of the featured analyst. The content is intended to be used for informational purposes only. It is very important to do your own analysis before making any investment.', 'Anyone new to the crypto sphere received a freezing cold bath this week as the whole space from Bitcoin downwards went through one of its terrifying swoons. The freefall kicked off after Elon Musk said Tesla will no longer accept Bitcoin as a form of payment due to the huge energy resources required to mine it and accelerated from there. Crypto mining was also high on the agenda this week at Nvidia ( NVDA ), but for an entirely different reason. The crypto gold rush has caused a huge uptick in demand for Nvidia\x92s GPUs which are used for mining Ethereum and other cryptocurrencies. This has caused massive shortages for gamers \x96 Nvidia\x92s core customers \x96 who have found it increasingly difficult to get their hands on the graphics cards. Nvidia has made it clear where its priorities lie. After announcing in February that all new 3060 mid-range graphics cards would come with a feature that would drop the Ethereum hash rate, the GPU giant has now announced it will slash the hash rate in the latest 3080, 3070, and 3060 Ti cards, making them less desirable for miners. The cards are expected to hit the stores at the end of May. So, what does this all mean for investors, specifically, those who have been worried that a drop in the price of Ethereum will see a big sell-off of cards, which will flood the secondhand market, creating excess supply? Raymond James\x92 Chris Caso thinks there are two implications to consider from the announced change. \x93First, it will significantly reduce demand from miners for new NVDA 30-series cards. That will move shift demand from mining to gaming,\x94 the 5-star analyst said. \x93But secondly, we think it will significantly reduce the risk of miners selling their used cards. That\x92s because only 3080 and 3070 cards manufactured before May will be very valuable to miners, and there will be no new supply coming onto the market (except for the mining-specific CMP cards sold to large miners, which is expected to represent $50 million in 1Q revenue).\x94 Story continues Taking all of this into consideration, Caso stays with the bulls. The analyst rates NVDA a Strong Buy along with a $750 price target. Investors could be sitting on gains of 28%, should the target be met over the following months. (To watch Caso\x92s track record, click here ) Overall, Nvidia has most of Wall Street\x92s analyst corps on its side. Out of 27 recent reviews, 2 recommend to Hold, while all the rest say Buy, naturally culminating in a Strong Buy consensus rating. In the year ahead, the shares are anticipated to add 21% of muscle, considering the average price target stands at $680.20. ( See Nvidia stock analysis on TipRanks ) To find good ideas for tech stocks trading at attractive valuations, visit TipRanks\x92 Best Stocks to Buy , a newly launched tool that unites all of TipRanks\x92 equity insights. Disclaimer: The opinions expressed in this article are solely those of the featured analyst. The content is intended to be used for informational purposes only. It is very important to do your own analysis before making any investment.', 'New York, NY, May 20, 2021 (GLOBE NEWSWIRE) -- (via Blockchain Wire ) Not many investors would have predicted that cryptocurrencies such as BTC, ETH, or the recent superstar DOGE could surge to records like nowadays. With enthusiasts enjoying the game and mainstream players start shifting their attention, the crypto industry is fully blooming, but the competition just started. As a premier global digital assets trading platform, BitMart has quickly gained a solid reputation and strong competitiveness by serving the most satisfactory service for both our users and clients. At present, BitMart has included over 400 digital assets among the most popular categories in the crypto market. With more than 440 trading pairs, BitMart users can always pick their favorites in Decentralized Finance (DeFi), Polkadot Ecosystem, Yield Farming, Non-Fungible Tokens (NFT), Storage, and so on. As meme currencies are popping up everywhere, BitMart is one of the first batch exchanges to list trending meme coins, for example, SHIB, with the highest ROI exceeding 1244.89%. The accomplishment is no coincidence but deeply rooted in BitMart\x92s dedication to bringing our users the latest projects and assets with high qualities and potentials. To achieve this, BitMart has been adhered to a sturdy process to seek exceptional projects. BitMart Photo Available Fundamentals are Key to Succes s First, we conduct a far-reaching due diligence and code review for every project to assess its fundamentals, including the token economy, technology infrastructure, product application, financing situation, team\x92s background, and user base. BitMart values projects with constant and steady progress before and after the listing. We believe that a proven team with a sustainable business model can build long-term benefits for our community. Something Beyond the Project Itself Besides these essentials, BitMart also focuses on vital factors beyond the project itself. We insist that a substantial project should have a robust ecosystem matched with an energetic community and a resourceful marketing team. Moreover, the project\x92s capability to manage the liquidity and maintain a smooth trading experience with a small spread and great depth is even more crucial in its success after the listing. Story continues Compliance is the Bottom Line Last but not least, BitMart always cherishes its compliance status. Therefore, only tokens with obvious utility functions or features that do not conform with securities law requirements will be listed. In addition, tokens with law violations or under law enforcement scrutiny are not eligible for listing on BitMart. Tips from BitMart CEO \x93I have three primary considerations when rating projects: 1. First is the fundamental technology, the underlying protocol, and the core algorithm technology. 2. I appreciate some public chain-based applications in the specific industry. 3. Some blockchain services which can form a digital services ecosystem, such as media, eCommerce, integrals, etc., will catch my attention,\x94 commented Sheldon Xia, Founder and CEO at BitMart. With the profound analysis and complete review of each project, BitMart offers its community some of the best coins in the market. At the same time, with the long-standing support and all-life cycle management for project teams, BitMart offers the clients sustainable development. The win-win-win pattern lies in the core of BitMart\x92s business strategy and will always be BitMart\x92s core competitiveness to bring refreshing experience to our community and clients. BitMart believes the determination and efforts to find the right project are critical for its long-term success as a premier global exchange during the crypto industry\x92s explosion. Finding the next best listing is also what BitMart constantly makes efforts in. Conta **Last 60 Days of Bitcoin's Closing Prices:** [54529.14, 54738.95, 52774.27, 51704.16, 55137.31, 55973.51, 55950.75, 57750.20, 58917.69, 58918.83, 59095.81, 59384.31, 57603.89, 58758.55, 59057.88, 58192.36, 56048.94, 58323.95, 58245.00, 59793.23, 60204.96, 59893.45, 63503.46, 63109.70, 63314.01, 61572.79, 60683.82, 56216.18, 55724.27, 56473.03, 53906.09, 51762.27, 51093.65, 50050.87, 49004.25, 54021.75, 55033.12, 54824.70, 53555.11, 57750.18, 57828.05, 56631.08, 57200.29, 53333.54, 57424.01, 56396.52, 57356.40, 58803.78, 58232.32, 55859.80, 56704.57, 49150.54, 49716.19, 49880.54, 46760.19, 46456.06, 43537.51, 42909.40, 37002.44, 40782.74] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2021-05-21 **Financial & Commodity Data:** - Gold Closing Price: $1876.70 - Crude Oil Closing Price: $63.58 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $760,204,279,522 - Hash Rate: 136957441.6516018 - Transaction Count: 226351.0 - Unique Addresses: 695822.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.19 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: PayPal, which last year added the ability to buy, hold and sell cryptocurrency, is pushing it as a payment method across the 29 million or so online merchants connected to the fintech giant. Announced Tuesday, PayPal’s Checkout will allow bitcoin (BTC), ether (ETH), bitcoin cash (BCH) and litecoin (LTC) to be seamlessly converted into U.S. dollars or other fiat currencies when making purchases, the same as credit card or a debit card would work inside a PayPal wallet, said PayPal – meaning merchants will not actually be the recipients of cryptocurrencies. Though the payments giant had said last year it was working on this feature, the news was enough to drive up the currencies involved, particularly BTC, which rose more than $1,000. Related: Galaxy Digital Prepares for US Listing in 2021, Names New CFO Calling it “a new way for businesses to get paid,” the checkout service is all about driving mainstream adoption of cryptocurrencies, said PayPal CEO Dan Schulman. “Enabling cryptocurrencies to make purchases at businesses around the world is the next chapter in driving the ubiquity and mass acceptance of digital currencies,” Schulman said in a statement. The company said in a blog post the product is “rolling out to PayPal customers in the U.S. from today and will be available broadly to customers in the U.S. in the coming weeks.” Hyped rollout Cryptocurrencies are going mainstream, with banks and institutional investors taking an interest, but the utility of bitcoin and other crypto tokens when it comes to buying goods has always been limited due to their volatility. Related: All About Bitcoin - April 2, 2021 PayPal, which made a huge splash when it officially entered the crypto space in October, wants to smooth those wrinkles out and get its wide network of merchants on board. Since introducing the crypto service, PayPal has increased weekly purchase limits two times from $10,000 to $15,000 and then $20,000 . Story continues Visa announced this week that it was testing out payments functionality using USDC stablecoin, a cryptocurrency held at parity with the U.S. dollar, on the Ethereum blockchain, via crypto-backed Visa cards. PayPal said its merchants will not incur any additional integrations or fees, and fiat conversions will take place at the standard PayPal conversion rates, according to a press release. Still, the terms and conditions for “Checkout with Crypto” include a number of important caveats. Chief among them is the tax liability: “Sales of Crypto Assets via Checkout with Crypto are taxable just like all other sales of Crypto Assets.” PayPal will provide the consumer with a 1099 tax form and report to the U.S. Internal Revenue Service as necessary, but “it is your responsibility to determine what taxes, if any, apply to transactions you make.” The T&C also warns the Checkout with Crypto service “may not be available as a funding option for all merchants, customers or purchases.” UPDATE (March 30, 10:50 UTC): Adds details from PayPal’s terms and conditions and background on the company’s history in the crypto sector. UPDATE (March 30, 10:50 UTC): Adds confirmation from PayPal, rewrites throughout. Adds coin activity. Related Stories PayPal Pushes Crypto Further Mainstream With Planned Checkout Service for 29M Merchants PayPal Pushes Crypto Further Mainstream With Planned Checkout Service for 29M Merchants... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
37536.63, 34770.58, 38705.98, 38402.22, 39294.20, 38436.97, 35697.61, 34616.07, 35678.13, 37332.86
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['Bitcoin , BTC to USD, fell by 7.88% on Friday. Partially revering a 10.42% gain from Thursday, Bitcoin ended the day at $37,391.4. A mixed start to the day saw Bitcoin rise to an early morning intraday high $42,298.1 before hitting reverse. While falling short of the first major resistance level at $43,579, Bitcoin broke through the 38.2% FIB of $41,592. The reversal, however, saw Bitcoin slide to a late intraday low $33,552.0. Bitcoin fell back through the 38.2% FIB and also fell through the first major support level at $36,264. Steering clear of sub-$30,000 levels, Bitcoin broke back through the first major support level to end the day at $37,300 levels. The near-term bullish trend remained intact in spite of the latest slide back to sub-$30,000 levels. For the bears, Bitcoin would need a sustained fall through the 62% FIB of $27,237 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was a bearish day on Friday. Bitcoin Cash SV tumbled by 20.71% to lead the way down, with Binance Coin (-16.70%) and Chainlink (-16.56%) not far behind. Cardano’s ADA (-13.97%), Ethereum (-12.26%), Litecoin (-14.64%), and Ripple’s XRP (-14.59%) also saw heavy losses. Crypto.com Coin (-5.51%) and Polkadot (-8.34%) saw relatively modest losses on the day, however. In the current week, the crypto total market rose to a Monday high $2,162bn before sliding to a Wednesday low $1,207bn. At the time of writing, the total market cap stood at $1,560bn. Bitcoin’s dominance fell to a Wednesday low 39.66% before surging to a Wednesday high 45.97%. At the time of writing, Bitcoin’s dominance stood at 44.66%. This Morning At the time of writing, Bitcoin was down by 0.19% to $37,320.0. A mixed start to the day saw Bitcoin rise to an early morning high $37,725.9 before falling to a low $37,024.0. Bitcoin left the major support and resistance levels untested early on. Elsewhere, it was also a bearish start to the day. At the time of writing, Polkadot was down by 2.55% to lead the way down. Story continues For the Bitcoin Day Ahead Bitcoin would need to move through the pivot level at $37,747 to bring the 38.2% FIB of $41,592 and the first major resistance level at $41,942 into play. Support from the broader market would be needed for Bitcoin to break back through to $40,000 levels. Barring a broad-based crypto rally, the 38.2% FIB and the first major resistance level at $41,942 would likely cap any upside. In the event of an extended crypto rally, Bitcoin could test resistance at $45,000 before any pullback. The second major resistance level sits at $46,493. Failure to move through the pivot at $37,747 would bring the first major support level at $33,196 into play. Barring another extended sell-off on the day, Bitcoin should steer clear of sub-$30,000 levels. The second major support level sits at $29,001. This article was originally posted on FX Empire More From FXEMPIRE: Crude Oil Weekly Forecast – Crude Oil Markets Find Support Silver Weekly Price Forecast – Silver Markets Form a Massive Shooting Star U.S. Dollar Index (DX) Futures Technical Analysis – Could Be Setting Up for Start of Counter-Trend Rally S&P 500 Price Forecast – S&P 500 Gives Up Early Gains E-mini S&P 500 Index (ES) Futures Technical Analysis – Strengthens Over 4158.50, Weakens Under 4133.75 The Weekly Wrap – Inflation Jitters and Impressive Stats Were the Highlights of the Week', 'Bitcoin , BTC to USD, fell by 7.88% on Friday. Partially revering a 10.42% gain from Thursday, Bitcoin ended the day at $37,391.4. A mixed start to the day saw Bitcoin rise to an early morning intraday high $42,298.1 before hitting reverse. While falling short of the first major resistance level at $43,579, Bitcoin broke through the 38.2% FIB of $41,592. The reversal, however, saw Bitcoin slide to a late intraday low $33,552.0. Bitcoin fell back through the 38.2% FIB and also fell through the first major support level at $36,264. Steering clear of sub-$30,000 levels, Bitcoin broke back through the first major support level to end the day at $37,300 levels. The near-term bullish trend remained intact in spite of the latest slide back to sub-$30,000 levels. For the bears, Bitcoin would need a sustained fall through the 62% FIB of $27,237 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was a bearish day on Friday. Bitcoin Cash SV tumbled by 20.71% to lead the way down, with Binance Coin (-16.70%) and Chainlink (-16.56%) not far behind. Cardano’s ADA (-13.97%), Ethereum (-12.26%), Litecoin (-14.64%), and Ripple’s XRP (-14.59%) also saw heavy losses. Crypto.com Coin (-5.51%) and Polkadot (-8.34%) saw relatively modest losses on the day, however. In the current week, the crypto total market rose to a Monday high $2,162bn before sliding to a Wednesday low $1,207bn. At the time of writing, the total market cap stood at $1,560bn. Bitcoin’s dominance fell to a Wednesday low 39.66% before surging to a Wednesday high 45.97%. At the time of writing, Bitcoin’s dominance stood at 44.66%. This Morning At the time of writing, Bitcoin was down by 0.19% to $37,320.0. A mixed start to the day saw Bitcoin rise to an early morning high $37,725.9 before falling to a low $37,024.0. Bitcoin left the major support and resistance levels untested early on. Elsewhere, it was also a bearish start to the day. At the time of writing, Polkadot was down by 2.55% to lead the way down. Story continues For the Bitcoin Day Ahead Bitcoin would need to move through the pivot level at $37,747 to bring the 38.2% FIB of $41,592 and the first major resistance level at $41,942 into play. Support from the broader market would be needed for Bitcoin to break back through to $40,000 levels. Barring a broad-based crypto rally, the 38.2% FIB and the first major resistance level at $41,942 would likely cap any upside. In the event of an extended crypto rally, Bitcoin could test resistance at $45,000 before any pullback. The second major resistance level sits at $46,493. Failure to move through the pivot at $37,747 would bring the first major support level at $33,196 into play. Barring another extended sell-off on the day, Bitcoin should steer clear of sub-$30,000 levels. The second major support level sits at $29,001. This article was originally posted on FX Empire More From FXEMPIRE: Crude Oil Weekly Forecast – Crude Oil Markets Find Support Silver Weekly Price Forecast – Silver Markets Form a Massive Shooting Star U.S. Dollar Index (DX) Futures Technical Analysis – Could Be Setting Up for Start of Counter-Trend Rally S&P 500 Price Forecast – S&P 500 Gives Up Early Gains E-mini S&P 500 Index (ES) Futures Technical Analysis – Strengthens Over 4158.50, Weakens Under 4133.75 The Weekly Wrap – Inflation Jitters and Impressive Stats Were the Highlights of the Week', 'A Domino’s Pizza franchisee in the Netherlands is offering to pay its employees inbitcoin– appropriately starting on Bitcoin Pizza Day.\n• Staff taking up the option will be able to choose how much of their salary above the minimum wage – which must be paid in euros by law – they wish to receive in bitcoin, according to an announcement Saturday.\n• The franchisee, Immensus Holdings, is Holland’s largest with 16 Domino’s stores, and will offer the salary option in partnership with Dutch fiat-to-crypto gateway BTC Direct.\n• The company has over 1,000 internal and external employees who can opt into the scheme.\n• “We work with a lot of young employees. We hear them talking about bitcoin and we want to offer the opportunity to own cryptocurrency,” Immensuus co-owner Jonathan Gurevich said.\n• The news was announced on Bitcoin Pizza Day, whichcommemoratesthe first time bitcoin was used as a form of payment when developer Laszlo Hanyecz used 10,000 BTC topayfor two pizzas on May 22, 2010.\n• That amount of bitcoin isworthalmost $410 million at time of writing.\nSee also:Soccer Player Ifunanyachi Achara the Latest Sports Pro to Take Salary in Bitcoin\n• PizzaDAO Celebrates Bitcoin Pizza Day With 1M Slice Giveaway\n• Why It’s Tough to Send Aid Money to Palestine During the Latest Israel-Hamas Conflict\n• Greenpeace Stops Accepting Bitcoin Donations, Cites High Energy Use\n• Crypto Card Provider Simplex Being Acquired by Canadian Firm for $250M', 'A Domino’s Pizza franchisee in the Netherlands is offering to pay its employees in bitcoin – appropriately starting on Bitcoin Pizza Day. Staff taking up the option will be able to choose how much of their salary above the minimum wage – which must be paid in euros by law – they wish to receive in bitcoin, according to an announcement Saturday. The franchisee, Immensus Holdings, is Holland’s largest with 16 Domino’s stores, and will offer the salary option in partnership with Dutch fiat-to-crypto gateway BTC Direct. The company has over 1,000 internal and external employees who can opt into the scheme. “We work with a lot of young employees. We hear them talking about bitcoin and we want to offer the opportunity to own cryptocurrency,” Immensuus co-owner Jonathan Gurevich said. The news was announced on Bitcoin Pizza Day, which commemorates the first time bitcoin was used as a form of payment when developer Laszlo Hanyecz used 10,000 BTC to pay for two pizzas on May 22, 2010. That amount of bitcoin is worth almost $410 million at time of writing. See also: Soccer Player Ifunanyachi Achara the Latest Sports Pro to Take Salary in Bitcoin Related Stories PizzaDAO Celebrates Bitcoin Pizza Day With 1M Slice Giveaway Why It’s Tough to Send Aid Money to Palestine During the Latest Israel-Hamas Conflict Greenpeace Stops Accepting Bitcoin Donations, Cites High Energy Use Crypto Card Provider Simplex Being Acquired by Canadian Firm for $250M View comments', 'A Domino’s Pizza franchisee in the Netherlands is offering to pay its employees inbitcoin– appropriately starting on Bitcoin Pizza Day.\n• Staff taking up the option will be able to choose how much of their salary above the mini **Last 60 Days of Bitcoin's Closing Prices:** [54738.95, 52774.27, 51704.16, 55137.31, 55973.51, 55950.75, 57750.20, 58917.69, 58918.83, 59095.81, 59384.31, 57603.89, 58758.55, 59057.88, 58192.36, 56048.94, 58323.95, 58245.00, 59793.23, 60204.96, 59893.45, 63503.46, 63109.70, 63314.01, 61572.79, 60683.82, 56216.18, 55724.27, 56473.03, 53906.09, 51762.27, 51093.65, 50050.87, 49004.25, 54021.75, 55033.12, 54824.70, 53555.11, 57750.18, 57828.05, 56631.08, 57200.29, 53333.54, 57424.01, 56396.52, 57356.40, 58803.78, 58232.32, 55859.80, 56704.57, 49150.54, 49716.19, 49880.54, 46760.19, 46456.06, 43537.51, 42909.40, 37002.44, 40782.74, 37304.69] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2021-05-22 **Financial & Commodity Data:** - Gold Closing Price: $1876.70 - Crude Oil Closing Price: $63.58 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $686,243,301,019 - Hash Rate: 144427847.55987102 - Transaction Count: 223800.0 - Unique Addresses: 603588.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.12 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: A new atomic-swap powered wallet,Liquality, just released a feature for users to spendbitcoinand other coins at online crypto merchants without having to manage addresses or QR codes. Liquality is a browser extension wallet likeMetamask, except instead of supporting onlyetherand its tokens, Liquality can hold bitcoin, ether, crypto dollars likeDAI,USDT,USDCand UNI, and now “bitcoin DeFi” tokens from the RSK network. The ConsenSys-backed walletlaunched last autumn and allows users to swap coins in their wallet, thanks to an old trick known as “on-chain atomic swaps.” These swaps use complex cryptography to trade assets from different blockchains between two or more parties without a user having to relinquish their keys to a counterparty. Related:Thai Central Bank to Pilot Its Retail Central Bank Digital Currency in 2022: Report For Liquality, this means its users can trade between bitcoin and ether (or crypto dollars like USDC) right on the wallet. “Our goal has always been to give people secure and easy tools to interact with this new digital economy,” the wallet’s marketing director, Alex Min, told CoinDesk. With this update, the wallet now also provides “one-click” transactions with popular bitcoin-accepting gift-card vendorBitrefilland payment portalOpenNode, among others. When checking out using these services, the wallet automatically fetches the receiving address for the user. The one-click pay feature works with any wallet that has integrated URI schemes for bitcoin, Min told CoinDesk. This includes popular open-source processor BTCPay Server, as well. Related:U.S. Added More Than 900K Jobs In March, Blowing Past Estimates “We believe this upcoming release will not only improve the in-browser bitcoin experience for users, merchants and app developers (most of whom are still transacting on-chain), but also help the nascent Bitcoin web app ecosystem grow with an easy-to-use-and-develop-with, in-browser hot wallet,” Min said. Liquality currently acts as the counterparty for the wallet’s swaps. Min told CoinDesk the wallet processed $4 million in swap volume in March from 4,000 active weekly users. When asked if Liquality will look to adding Lightning Network support in the future, Min said it’s not high up on the wallet’s roadmap. In lieu of Lightning, Liquality recently integrated with RSK, a Bitcoin sidechain built by IOV Labs, and supports the dollar on chain (DOC) crypto dollar, a dollar-pegged coin which can be used on theSovryndecentralized lending market built on RSK. These networks offer cheaper, faster transactions than Bitcoin’s primary network using special trade-offs and tricks; Lightning is a tech stack built on top of bitcoin that is trustless and non custodial, while RSK is an independent network run by a federation of trusted counterparties. • Liquality Adds New 1-Click Pay Feature, Looks Toward Bitcoin DeFi • Liquality Adds New 1-Click Pay Feature, Looks Toward Bitcoin DeFi... - Reddit Posts (Sample): [['u/mrnoids', 'Good news?', 164, '2021-05-22 00:08', 'https://www.reddit.com/r/litecoin/comments/ni46tc/good_news/', 'A certain website that runs on onions is switching to using LTC only due to the fees associated with BTC. So, I assume the price of LTC will increase from this.', 'https://www.reddit.com/r/litecoin/comments/ni46tc/good_news/', 'ni46tc', [['u/MyPandaAssassin', 18, '2021-05-22 00:09', 'https://www.reddit.com/r/litecoin/comments/ni46tc/good_news/gyzrhej/', "Hell ya! That's awesome news!", 'ni46tc'], ['u/Decaying_Hero', 37, '2021-05-22 00:43', 'https://www.reddit.com/r/litecoin/comments/ni46tc/good_news/gyzvfm7/', 'If they’re on onions I’m surprised they’re not using monero', 'ni46tc'], ['u/I-Like-Art-And-Drugs', 25, '2021-05-22 00:57', 'https://www.reddit.com/r/litecoin/comments/ni46tc/good_news/gyzx2x8/', 'I feel like LTC might take some of Monero’s market share when LTC adds its privacy feature.', 'ni46tc'], ['u/RTSwiz', 11, '2021-05-22 01:16', 'https://www.reddit.com/r/litecoin/comments/ni46tc/good_news/gyzzat3/', "I don't understand what this means but I'd like to.", 'ni46tc'], ['u/brain_is_a_muscle', 11, '2021-05-22 01:20', 'https://www.reddit.com/r/litecoin/comments/ni46tc/good_news/gyzzp70/', 'yeah man. i posted a post this morning of the conversation between charlie lee and doug on monero talk where charlie talks about the new privacy function. its not going to be default but gives Litecoin a new aspect', 'ni46tc'], ['u/dcblazin', 12, '2021-05-22 01:47', 'https://www.reddit.com/r/litecoin/comments/ni46tc/good_news/gz02pn7/', 'Even with MW, Litecoin will not be in the same league as XMR when it comes to privacy. MW trx can be traced, the key has been cracked years ago. The fact that it will be optional will put LTC in the same league as Zcash. Using MW could make a transaction stand out more than electing to not use the MW protocol. All Monero trxs are still untraceable and completely private', 'ni46tc'], ['u/[deleted]', 16, '2021-05-22 01:48', 'https://www.reddit.com/r/litecoin/comments/ni46tc/good_news/gz02r4u/', "I went through Eastern Oregon one time and there are so many onions. Not sure if that helps us, but I'm also interested.", 'ni46tc'], ['u/kraigka212', 15, '2021-05-22 01:51', 'https://www.reddit.com/r/litecoin/comments/ni46tc/good_news/gz0339l/', 'And here I am thinking, wow The Onion satire website accepts crypto?', 'ni46tc'], ['u/dcblazin', 10, '2021-05-22 01:52', 'https://www.reddit.com/r/litecoin/comments/ni46tc/good_news/gz039i4/', 'Maybe take some of Zcash’s market but an optional MW protocol is not in the league as XMR when it comes to privacy.', 'ni46tc']]], ['u/Zooo04', 'Why Mining will always be worthwhile', 40, '2021-05-22 00:25', 'https://www.reddit.com/r/NiceHash/comments/ni4jnt/why_mining_will_always_be_worthwhile/', 'Unpopular opinion probably: There will always be a crypto currency to mine, and with Bitcoin dropping at the moment it is never too late to start mining. The amount of Bitcoin left to mine is getting lower and lower every single year and I am still bullish that Bitcoin will continue to grow in value. Just realize that if you do not convert Bitcoin into something else it can always still be profitable. I’m going to continue to slowly keep mining and keep holding!', 'https://www.reddit.com/r/NiceHash/comments/ni4jnt/why_mining_will_always_be_worthwhile/', 'ni4jnt', [['u/msdtflip', 19, '2021-05-22 01:22', 'https://www.reddit.com/r/NiceHash/comments/ni4jnt/why_mining_will_always_be_worthwhile/gyzzz78/', "It entirely depends on the methods of generating worthwhile crypto in the future. GPU mining is not always guaranteed to be a profitable mining method in the future and not all crpytos are guaranteed to be worth anything.\n\nI have no problem with people believing in the future of GPU mining, but people should be careful and understand what they're getting into before heavily investing in it.", 'ni4jnt'], ['u/Zooo04', 12, '2021-05-22 01:23', 'https://www.reddit.com/r/NiceHash/comments/ni4jnt/why_mining_will_always_be_worthwhile/gz0009f/', 'Yeah I understand this, doesn’t have to be explained in this particular of a manner though. The main reason for the most was that crypto currency will always be worth to mine.', 'ni4jnt'], ['u/Intrepid_Ad_7255', 15, '2021-05-22 01:40', 'https://www.reddit.com/r/NiceHash/comments/ni4jnt/why_mining_will_always_be_worthwhile/gz01vy8/', 'Same. Especially when you have cheap electricity, just keep on mining.', 'ni4jnt'], ['u/-gon', 12, '2021-05-22 02:47', 'https://www.reddit.com/r/NiceHash/comments/ni4jnt/why_mining_will_always_be_worthwhile/gz096ma/', 'Keep mining until death and Hodl till the doors crack.', 'ni4jnt'], ['u/AT-ST', 13, '2021-05-22 03:18', 'https://www.reddit.com/r/NiceHash/comments/ni4jnt/why_mining_will_always_be_worthwhile/gz0ci8d/', 'If you are paying more in electricity than you are earning, you should turn off your rig and buy the crypto you want to invest in. It makes no sense to spend $20 to earn $10 in BTC. Just buy $20 in BTC.', 'ni4jnt']]], ['u/ThomasReturns', 'So i got drunk and talked about crypto', 10, '2021-05-22 00:36', 'https://www.reddit.com/r/CryptoCurrency/comments/ni4rir/so_i_got_drunk_and_talked_about_crypto/', 'Hey guys,\n\nIts that time of night again,\n\nInstead of being cool and normal, i got drunk and went on a rant about how coll crypto is and that if you don’t invest in it, you probably have a small penis.\n\nWhy is this so natural? Why does investing in crypto give the need to spout advice to others?\n\nI could have said : hey, so how are your kids doing mandy?\n\nBut instead i said:\n\nWel damn, if you don’t buy bitcoin now, your kid will hate you when he’s working at dunki’n donuts 🍩 trying to save money for a house.\n\nI fell like i may have crossed a line, but its still very much the truth!\n\nIf we don’t win these battles? How will are kids ever win them?\n\nMan i’m drunk, and i’m a dad!\n\nBetter go check on the little tike.\nAg least he has like 3 ethereum to his name!\nHah!\n\nLove you guys!\n\n\nP.s.\n\nIf anyones named randy, please leave a message, beCause thats a cool name!', 'https://www.reddit.com/r/CryptoCurrency/comments/ni4rir/so_i_got_drunk_and_talked_about_crypto/', 'ni4rir', [['u/step11234', 13, '2021-05-22 00:37', 'https://www.reddit.com/r/CryptoCurrency/comments/ni4rir/so_i_got_drunk_and_talked_about_crypto/gyzurqc/', 'Time for bed me thinks', 'ni4rir'], ['u/yeahnothanks', 10, '2021-05-22 01:06', 'https://www.reddit.com/r/CryptoCurrency/comments/ni4rir/so_i_got_drunk_and_talked_about_crypto/gyzy3ff/', "Hey I'm invested in it AND I have a small penis", 'ni4rir']]], ['u/Capk71', 'Recent Crypto crash', 59, '2021-05-22 00:37', 'https://www.reddit.com/r/theta_network/comments/ni4sbe/recent_crypto_crash/', "Some may be a little distressed over Theta's recent drop. I comfort myself with a couple thoughts....\n\n1. The drop has nothing to do with the Theta project. It's manipulation of BTC dragging down all crypto markets.\n2. I (and probably you too) didn't buy Theta b/c we thought it might go to $10, $30 or even $100. I bought because it is hands down the best dam use case for crypto and blockchain in particular. I expect Theta to worth far more than ETH one day soon. So who cares what its at today?", 'https://www.reddit.com/r/theta_network/comments/ni4sbe/recent_crypto_crash/', 'ni4sbe', [['u/TheSmoothPilsner', 14, '2021-05-22 00:54', 'https://www.reddit.com/r/theta_network/comments/ni4sbe/recent_crypto_crash/gyzwsxz/', 'All I see is an opportunity to fill my bags. This is the longest I’ve held any crypto and I don’t plan on selling soon. Bring on the fire sale.', 'ni4sbe'], ['u/Aired_', 19, '2021-05-22 01:17', 'https://www.reddit.com/r/theta_network/comments/ni4sbe/recent_crypto_crash/gyzzc51/', "From my pov I don't feel like I have lost anything, I only gained an opportunity to get more for less. And that is exactly what I did.", 'ni4sbe'], ['u/Baller3232', 11, '2021-05-22 01:22', 'https://www.reddit.com/r/theta_network/comments/ni4sbe/recent_crypto_crash/gyzzxdw/', 'Amazing project, not at all even thinking of selling any. But definitely strategizing on when to add more 👍👍', 'ni4sbe'], ['u/phase_lag', 12, '2021-05-22 01:25', 'https://www.reddit.com/r/theta_network/comments/ni4sbe/recent_crypto_crash/gz009tv/', 'I grabbed me some more TFuel only a few hours ago!', 'ni4sbe']]], ['u/RayboldShabazz', 'Girlfriend wants me to sell my btc', 17, '2021-05-22 00:40', 'https://www.reddit.com/r/Bitcoin/comments/ni4uhq/girlfriend_wants_me_to_sell_my_btc/', 'I’ve been in a relationship with my girlfriend for six months and made the mistake of telling her how much bitcoin I own (several coins and most my net worth). Our relationship is great and I love her but she’s been nagging me to sell my bitcoin, even saying “it’s literally not even real”. \n\nThe most recent dip has just been more ammunition for her to claim I’m blowing my money. If I had to choose her or the moon I’d probably choose her (I’m simping hard) but I’d I’ll resent her when I see all you guys on the moon without me one day. What can I do to make her accept me as a hodler?', 'https://www.reddit.com/r/Bitcoin/comments/ni4uhq/girlfriend_wants_me_to_sell_my_btc/', 'ni4uhq', [['u/StarFireChild4200', 12, '2021-05-22 00:42', 'https://www.reddit.com/r/Bitcoin/comments/ni4uhq/girlfriend_wants_me_to_sell_my_btc/gyzvbqp/', "It's your money.", 'ni4uhq'], ['u/ArcTrader', 25, '2021-05-22 00:42', 'https://www.reddit.com/r/Bitcoin/comments/ni4uhq/girlfriend_wants_me_to_sell_my_btc/gyzvenw/', "Honestly you haven't been together that long, I wouldn't let her have any control over how you spend your money man.", 'ni4uhq'], ['u/Murphytheturkey', 65, '2021-05-22 00:42', 'https://www.reddit.com/r/Bitcoin/comments/ni4uhq/girlfriend_wants_me_to_sell_my_btc/gyzvfbs/', '*ex girlfriend.', 'ni4uhq'], ['u/livingwithrage', 107, '2021-05-22 00:43', 'https://www.reddit.com/r/Bitcoin/comments/ni4uhq/girlfriend_wants_me_to_sell_... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
34770.58, 38705.98, 38402.22, 39294.20, 38436.97, 35697.61, 34616.07, 35678.13, 37332.86, 36684.93
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['Bitcoin, BTC to USD, rose by 0.47% on Saturday. Partially reversing a 7.88% slide from Friday, Bitcoin ended the day at $37,557.\nA mixed start to the day saw Bitcoin fall to a mid-morning intraday low $35,372.0 before making a move.\nSteering clear of the first major support level at $33,196, Bitcoin rose to a late morning intraday high $38,956.0.\nFalling well short of the 38.2% FIB of $41,592 and the first major support level at $41,942, Bitcoin fell back to $37,200 levels and into the red.\nLate in the day, Bitcoin moved back through to $38,000 levels before ending the day at sub-$38,000 levels.\nThe near-term bullish trend remained intact in spite of the latest slide back to sub-$30,000 levels. For the bears, Bitcoin would need a sustained fall through the 62% FIB of $27,237 to form a near-term bearish trend.\nAcross the rest of the majors, it was a bearish day on Sunday.\nPolkadot andRipple’s XRPslid by 10.06% and by 10.11% to lead the way down.\nBinance Coin(-8.14%),Chainlink(-9.21%),Cardano’s ADA(-5.59%),Ethereum(-5.65%),Litecoin(-6.02%) also struggled.\nBitcoin Cash SV(-1.06%) andCrypto.com Coin(-1.89%) saw relatively modest losses on the day, however.\nIn the current week, the crypto total market rose to a Monday high $2,162bn before sliding to a Wednesday low $1,207bn. At the time of writing, the total market cap stood at $1,508bn.\nBitcoin’s dominance fell to a Wednesday low 39.66% before rising to a Saturday high 46.41%. At the time of writing, Bitcoin’s dominance stood at 45.96%.\nAt the time of writing, Bitcoin was down by 1.41% to $37,029.0. A bearish start to the day saw Bitcoin fall from an early morning high $37,575.0 to a low $36,880.0.\nBitcoin left the major support and resistance levels untested early on.\nElsewhere, it was also a mixed start to the day.\nPolkadot was up by 0.14% to buck the trend at the start of the day.\nIt was a bearish start for the rest of the majors, however.\nAt the time of writing, Crypto.com Coin was down by 3.68% to lead the way down.\nBitcoin would need to move back through the pivot level at $37,295 to bring the first major resistance level at $39,218 into play.\nSupport from the broader market would be needed for Bitcoin to break out from Saturday’s high $38,956.0.\nBarring a broad-based crypto rally, the first major resistance level at $39,218 and resistance at $40,000 would likely cap any upside.\nIn the event of an extended crypto rally, Bitcoin could test resistance at the 38.2% FIB of $41,592 before any pullback. The second major resistance level sits at $40,879.\nFailure to move back through the pivot at $37,295 would bring the first major support level at $35,634 into play.\nBarring another extended sell-off on the day, Bitcoin should steer clear of the second major support level at $33,711.\nThisarticlewas originally posted on FX Empire\n• Gold Weekly Price Forecast – Gold Markets Break Down Trendline\n• The Weekly Wrap – Inflation Jitters and Impressive Stats Were the Highlights of the Week\n• The Crypto Daily – Movers and Shakers – May 22nd, 2021\n• U.S. Dollar Index (DX) Futures Technical Analysis – Could Be Setting Up for Start of Counter-Trend Rally\n• European Equities: A Week in Review – 21/05/21\n• Natural Gas Price Prediction – Prices Slip Closing the Week in the Red', 'Bitcoin , BTC to USD, rose by 0.47% on Saturday. Partially reversing a 7.88% slide from Friday, Bitcoin ended the day at $37,557. A mixed start to the day saw Bitcoin fall to a mid-morning intraday low $35,372.0 before making a move. Steering clear of the first major support level at $33,196, Bitcoin rose to a late morning intraday high $38,956.0. Falling well short of the 38.2% FIB of $41,592 and the first major support level at $41,942, Bitcoin fell back to $37,200 levels and into the red. Late in the day, Bitcoin moved back through to $38,000 levels before ending the day at sub-$38,000 levels. The near-term bullish trend remained intact in spite of the latest slide back to sub-$30,000 levels. For the bears, Bitcoin would need a sustained fall through the 62% FIB of $27,237 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was a bearish day on Sunday. Polkadot and Ripple’s XRP slid by 10.06% and by 10.11% to lead the way down. Binance Coin (-8.14%), Chainlink (-9.21%), Cardano’s ADA (-5.59%), Ethereum (-5.65%), Litecoin (-6.02%) also struggled. Bitcoin Cash SV (-1.06%) and Crypto.com Coin (-1.89%) saw relatively modest losses on the day, however. In the current week, the crypto total market rose to a Monday high $2,162bn before sliding to a Wednesday low $1,207bn. At the time of writing, the total market cap stood at $1,508bn. Bitcoin’s dominance fell to a Wednesday low 39.66% before rising to a Saturday high 46.41%. At the time of writing, Bitcoin’s dominance stood at 45.96%. This Morning At the time of writing, Bitcoin was down by 1.41% to $37,029.0. A bearish start to the day saw Bitcoin fall from an early morning high $37,575.0 to a low $36,880.0. Bitcoin left the major support and resistance levels untested early on. Elsewhere, it was also a mixed start to the day. Polkadot was up by 0.14% to buck the trend at the start of the day. It was a bearish start for the rest of the majors, however. Story continues At the time of writing, Crypto.com Coin was down by 3.68% to lead the way down. For the Bitcoin Day Ahead Bitcoin would need to move back through the pivot level at $37,295 to bring the first major resistance level at $39,218 into play. Support from the broader market would be needed for Bitcoin to break out from Saturday’s high $38,956.0. Barring a broad-based crypto rally, the first major resistance level at $39,218 and resistance at $40,000 would likely cap any upside. In the event of an extended crypto rally, Bitcoin could test resistance at the 38.2% FIB of $41,592 before any pullback. The second major resistance level sits at $40,879. Failure to move back through the pivot at $37,295 would bring the first major support level at $35,634 into play. Barring another extended sell-off on the day, Bitcoin should steer clear of the second major support level at $33,711. This article was originally posted on FX Empire More From FXEMPIRE: Gold Weekly Price Forecast – Gold Markets Break Down Trendline The Weekly Wrap – Inflation Jitters and Impressive Stats Were the Highlights of the Week The Crypto Daily – Movers and Shakers – May 22nd, 2021 U.S. Dollar Index (DX) Futures Technical Analysis – Could Be Setting Up for Start of Counter-Trend Rally European Equities: A Week in Review – 21/05/21 Natural Gas Price Prediction – Prices Slip Closing the Week in the Red', 'Hold on for dear life. It\'s an oft-heard rallying cry for denizens of the super-volatile cryptocurrencies market.That "HODL" sentiment has taken on special urgency this week after bitcoin sank to fresh lows. The digital coin fell as low as $30,000 on Wednesday, wiping out many of the gains it has made in recent months, before recovering slightly to just over $37,000 at the time of this writing.The drop, which followed reports of the Chinese government\'s crackdown on the use of digital coins, merely accelerated a sell-off that had begun earlier in the month. Several other cryptocurrencies also tumbled.I knew we were in for another crypto bust when friends in one of myWhatsAppgroups—some of whom had never held crypto—started asking me about making investments in dogecoin, a wildly overvalueddigital token based on the Shiba Inu meme. When everyone wants in, it\'s time to get out.Experienced crypto investors have good reason to be sanguine about bitcoin\'s latest drop. Despite the volatility, blockchain-based startups have attracted a lot of long-term capital. VC investments in crypto startups hitan all-time high in the first quarter of this year, with $3 billion invested across 239 deals, according to PitchBook data. To be sure, these investors aren\'t just backing crypto, but also the underlying technology—blockchain—that is integral to the distributed-ledger concept and larger ambitions surrounding decentralized finance.\nThis article appeared as part of The Weekend Pitch newsletter.Subscribe to the newsletter here.\nThat said, not all blockchains are created equally. Some of the most popular cryptocurrencies are based on the earliest iterations of blockchain technology, which were arguably not built for the market as it exists today.For example, bitcoin, dogecoin, ethereum and a lot of major cryptocurrencies run on blockchain using what is called a proof-of-work protocol. This essentially means a lot of computing power must be provided to a network of "miners" who crunch the numbers and make transactions happen. That requires using a lot of electricity. Earlier this year, a Cambridge University study estimated that the bitcoin network—which comprises all the mining power needed to validate transactions—uses more electricity every year than all of Argentina.One cause of bitcoin\'s plunge was thatTeslasaid last week that it will no longer accept bitcoin over "environmental concerns." The electric car company, which takes pride in being a green transportation solution, was talking about proof-of-work electricity consumption. This is somewhat ironic, since Tesla founder Elon Musk had a hand in promoting currencies like dogecoin that run on proof-of-work protocols. Nevertheless, Tesla has a point.Proof-of-work protocols have sustainability and scalability challenges, and not just because of the electricity they use. They can also be expensive for users, depending on the size of the transaction being processed.There are sustainable alternative protocols such as proof-of-stake or delegated proof-of-stake. (These approaches don\'t lend themselves to succinct explanations, but suffice to say they\'re less resource-heavy.)For this reason, the recent hype around unsustainable and outdated cryptocurrencies like bitcoin, or worse, dogecoin, seems a bit backward. No doubt bitcoin **Last 60 Days of Bitcoin's Closing Prices:** [52774.27, 51704.16, 55137.31, 55973.51, 55950.75, 57750.20, 58917.69, 58918.83, 59095.81, 59384.31, 57603.89, 58758.55, 59057.88, 58192.36, 56048.94, 58323.95, 58245.00, 59793.23, 60204.96, 59893.45, 63503.46, 63109.70, 63314.01, 61572.79, 60683.82, 56216.18, 55724.27, 56473.03, 53906.09, 51762.27, 51093.65, 50050.87, 49004.25, 54021.75, 55033.12, 54824.70, 53555.11, 57750.18, 57828.05, 56631.08, 57200.29, 53333.54, 57424.01, 56396.52, 57356.40, 58803.78, 58232.32, 55859.80, 56704.57, 49150.54, 49716.19, 49880.54, 46760.19, 46456.06, 43537.51, 42909.40, 37002.44, 40782.74, 37304.69, 37536.63] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2021-05-23 **Financial & Commodity Data:** - Gold Closing Price: $1876.70 - Crude Oil Closing Price: $63.58 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $699,353,966,412 - Hash Rate: 148163050.51400563 - Transaction Count: 194320.0 - Unique Addresses: 555526.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.14 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Outflows from Coinbase’s institution-focused platform indicate that large or multiple large investors may be movingBitcoin(BTC) for likely long-term storage or other purposes. What Happened:Data from CryptoQuant, a provider of on-chain data, charts, and alerts, indicates that approximately 14,666 BTC flowed out of Coinbase Pro on Tuesday morning. At press time, BTC traded 0.53% lower at $54,556.78. This values the outflow at an estimated $800.13 million. “The outflow was split into multiple wallets, which could be their hot wallets, representing an internal transfer or custodian wallets for institutions,” Ki Young Ju, CEO of CryptoQuant,told CoinDesk. Why It Matters:Bitcoin on Monday dropped to the $54,000 mark, a level not seen in almost two weeks. Outflows from Coinbase are often used as a metric to measure the institutional demand for BTC as the exchange’s cold wallets for custody are integrated with its over-the-counter desk, noted CoinDesk. Institutional investors and large traders reportedly trade through the OTC desks to avoid having too much of an influence on prices. See also:How to Buy Bitcoin (BTC) “I think it’s likely to be a custodian wallet, which might indicate institutions are still buying the dip,” Ju told CoinDesk. In February, Elon Musk-ledTesla Inc(NASDAQ:TSLA)purchased .5 billion worth of BTC. Other large investors who have exposure to BTC includeMicroStrategy Incorporated(NASDAQ:MSTR) which owned 90,531 BTC, as of late February today worth about $4.93 billion.See Also:Beyond Bitcoin: China's Publicly-Listed Beauty App Meitu Buys M Ethereum Jack Dorsey'sSquare Inc(NYSE:SQ) also purchased0 million worth of BTCin February after making a $50 million BTC purchase in October last year. See more from Benzinga • Click here for options trades from Benzinga • Is Elon Musk's Influence On Dogecoin Price Waning? • Bitcoin At ,000 But Hodlers Keep Hodling: What You Need To Know © 2021 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.... - Reddit Posts (Sample): [['u/leepox', "SHIB is the king Meme coin this bull run, and people don't know it yet", 132, '2021-05-23 00:00', 'https://www.reddit.com/r/SHIBArmy/comments/nit74u/shib_is_the_king_meme_coin_this_bull_run_and/', "SHIB is the king meme coin this bull run and a lot of people haven't realised it yet. The fact that 40% is now in a locked dead wallet, 5% on VBs wallet, 5% in donation, and around 20% in exchanges. Only 25-30% is owned by retail. The biggest 3 whales are sitting at around 2% each. No one has a single rigging power. Compare that to how skewed BTC (97% of BTC is owned by the top 4%) and that 30% Doge holder is.... We're in a pretty strong position. \n\n If they want to rug with Shibaswap by pulling liquidity, well, they better be next level geniuses because the swap contract is going to be open source that means if there's an exploit that exploit will be open to anyone with a smooth brain. . Equally, anyone can verify/validate the code and help protect the community . Also why pull liquidity when SHIB is a golden goose laying golden eggs. The BONE allocation to the devs are potentially going to be worth as much as SHIB, they'll be rich beyond their wildest dreams with the volume we're already experiencing with SHIB and Leash translating over to Shibaswap DEX. \n\nWe also know the swap is not just a straight copy paste, because based on the kovan test network and their white paper, there's a complex minting relationship between Leash, SHIB and BONE... Nothing similar is out there. \n\nAgain there's a small percentage risk, but there are far more riskier bets out there.", 'https://www.reddit.com/r/SHIBArmy/comments/nit74u/shib_is_the_king_meme_coin_this_bull_run_and/', 'nit74u', [['u/itsasseatnszn', 11, '2021-05-23 00:56', 'https://www.reddit.com/r/SHIBArmy/comments/nit74u/shib_is_the_king_meme_coin_this_bull_run_and/gz3rset/', 'Finally some non fud comments. Things are looking up!', 'nit74u']]], ['u/Dannymax333', 'Crypto will bounce soon, but the prices from this bounce will likely be the highest we see for the next few years.', 20, '2021-05-23 00:10', 'https://www.reddit.com/r/CryptoCurrency/comments/niteks/crypto_will_bounce_soon_but_the_prices_from_this/', " I think many people are overestimating how big the rise will be once this dip is done. Bitcoin is down 42% from the all-time high at $64943.50. Seeing this volatility normally in a bull run is giving people the justification that this is just another one of those dips and soon we will be at 100K. This is drawing attention away from the fact that we've had a 1954% run this year and perhaps this 42% dip is a sign that the trend is changing and we are actually entering a bear market and not setting up to make new all-time highs. \n\n\nMarkets seem to work in a way where the success of a few depends on the failure of the majority. When Bitcoin does come up from this dip I guarantee you there will still be people who think it's about to make a new all-time high and they will be the ones who get hurt the most. People don't remember but there are so many people who lost all or most of their investment in the 2018 crypto crash, they just aren't here to talk about it. \n\n\n>! If Bitcoin bounces to 49K, I'll consider it a last chance to get out at a decent price. !<", 'https://www.reddit.com/r/CryptoCurrency/comments/niteks/crypto_will_bounce_soon_but_the_prices_from_this/', 'niteks', [['u/ColteesBigOleTits', 34, '2021-05-23 00:16', 'https://www.reddit.com/r/CryptoCurrency/comments/niteks/crypto_will_bounce_soon_but_the_prices_from_this/gz3n8f0/', 'But I’m hodling my BTC until at least 2025 so why the fuck would I care what happens this year or even next year? Hodl. Money.', 'niteks'], ['u/Dannymax333', 13, '2021-05-23 00:32', 'https://www.reddit.com/r/CryptoCurrency/comments/niteks/crypto_will_bounce_soon_but_the_prices_from_this/gz3ozu0/', '>why are we bothering with trivial stuff like whether Bitcoin will be at $40k or $20k next\n\nMaybe because selling at 40K and buying back at 20K (a 50% decline) means you would double the amount of Bitcoin you have.', 'niteks']]], ['u/Kazzer36', 'For shitcoiners saying coinbase stock should be going up because they make money on transactions', 30, '2021-05-23 00:11', 'https://www.reddit.com/r/Buttcoin/comments/nitf0t/for_shitcoiners_saying_coinbase_stock_should_be/', 'Tldr: Investors make their decisions based on their future expectations and given that the vast majority of crypto is built on short term hype, if crypto goes down, the hype, future expectations and COIN stock goes down with it.\n\nFor those saying that COIN should be going up if crypto is going down because they make money from both sides of transactions, I would have to disagree. 90+% of the crypto market consists of cult like hype from retail traders lured in with the hopes of quick profits. \nIf crypto starts to reverse, in the short run, COIN will make more money, but that buzz starts to disappear and all COIN is left with, is the small audience of those that actively day trade crypto (gambling rather than trading) and the even smaller audience of enthusiasts that actually use crypto to buy stuff (just because they can, not because it is better or more convenient), which doesn’t look too good for investors future expectations, especially after China clamping down and Tesla (which has a lot of influence over the hype) dropping btc payments.\n\nLook at search volume for Crypto terms and you’ll notice the volume almost mirrors crypto prices. When Bitcoin goes down, so does interest and therefor transactions and therefor CON, I mean COIN.', 'https://www.reddit.com/r/Buttcoin/comments/nitf0t/for_shitcoiners_saying_coinbase_stock_should_be/', 'nitf0t', [['u/DevilFucker', 10, '2021-05-23 03:22', 'https://www.reddit.com/r/Buttcoin/comments/nitf0t/for_shitcoiners_saying_coinbase_stock_should_be/gz4777g/', 'Exactly. Stock prices are based on expectation. Not necessarily on what is currently happening. The fact that crypto cultists don’t understand this is just further proof that they don’t understand economics or investing.', 'nitf0t'], ['u/DevilFucker', 14, '2021-05-23 03:48', 'https://www.reddit.com/r/Buttcoin/comments/nitf0t/for_shitcoiners_saying_coinbase_stock_should_be/gz49u8e/', 'Crypto is a pyramid scheme that relies entirely on the “greater fool theory”. Crypto prices only go up because people are able to sell it to a "greater fool”. That is, of course, until there are no greater fools left.', 'nitf0t'], ['u/DevilFucker', 14, '2021-05-23 04:15', 'https://www.reddit.com/r/Buttcoin/comments/nitf0t/for_shitcoiners_saying_coinbase_stock_should_be/gz4cgpo/', 'No because gold is a rare and very useful metal that you can make a wide variety of things out of. And it has properties that can’t be duplicated by any other substance. Whereas with crypto you can infinitely create new currencies out of thin air with the exact same fundamental features.', 'nitf0t']]], ['u/Kazzer36', 'Why crypto is a get rich quick cult bubble', 40, '2021-05-23 00:22', 'https://www.reddit.com/r/Buttcoin/comments/nitn6d/why_crypto_is_a_get_rich_quick_cult_bubble/', '* 95% of coiners claim they’re in it for the tech, yet if you take away the hope/ opportunity of getting rich quick with crypto, 95% of shitcoiners wouldn’t be interested anymore. look at search volumes after previous crashes, the quick money from buying and holding went away and so all the interest went away with it. \n\n​\n\n* "Dogecoin to Mars"...\n\n​\n\n* If crypto was flat and stable, everyone would be moaning about how it’s impossible to trade/ make any gainz. If everyone truly believed in Bitcoin and wanted it to succeed, you should be wanting it be flat and stable so that it would tick the ‘stable store of value’ box needed for it to even be considered as a viable currency. \n\n​\n\n* Whenever you hear about crypto it’s almost always about money, profits, how much the price/USD is fluctuating and the buy the dip profit making opportunities surrounding that volatility, not the underlying concept of crypto itself or the technology surrounding it, which is what you’d expect to hear if all the hype was based on that rather than the gambling aspect of it all. \n\n​\n\n* we already have digital currency (online banking and payments, which is more than good enough for what we need and want as a payment method) and if the world did eventually move into crypto in some form, it would be just as exciting as moving from cash to online payments, which has already happened, yet no one cared about this because you couldn’t make a quick and easy buck out of it. And for those that say that crypto is more exciting due to various factors like security and what not, the general population couldn’t care less about this stuff and you’re part of a small group of tech enthusiasts that do.', 'https://www.reddit.com/r/Buttcoin/comments/nitn6d/why_crypto_is_a_get_rich_quick_cult_bubble/', 'nitn6d', [['u/HumesLadder', 21, '2021-05-23 00:41', 'https://www.reddit.com/r/Buttcoin/comments/nitn6d/why_crypto_is_a_get_rich_quick_cult_bubble/gz3q2r7/', 'The worst part about this bubble is that it is not like it is some tech company that is being grossly overvalued during the Dot-Com. It is not some extremely hyped up future thing like marijuana, 3D printing or gene editing that actually has some value. These are digital coins that are almost completely worthless and are completely worthless to 99.99% of the population. The only functional use it has is buying illegal things on the dark web. \n\nIt is also a lot worse than gambling, because I suspect a lot of people doing it actually convince themselves it is not gambling. There are people who if you told them to take $5000 and put it into one hand of black jack, they would say that is too risky, but they would gladly dump their life savings into these coins. People are buying extremely unstable assets(if you could even call them this) th... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
38705.98, 38402.22, 39294.20, 38436.97, 35697.61, 34616.07, 35678.13, 37332.86, 36684.93, 37575.18
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['Crypto hedge funds managed nearly $3.8 billion in 2020, up from $2 billion in 2019, and are showing a taste for decentralized finance (DeFi), according to a new report from PwC and the Alternative Investment Management Association (AIMA). Released Monday, the third annual Global Crypto Hedge Fund Report, co-authored by Elwood Asset Management, shows that 31% of crypto hedge funds use decentralized exchanges (DEXs), with Uniswap being the most widely used (16%), followed by 1inch (8%) and SushiSwap (4%). Meanwhile, DeFi-specific tokens are on the rise: oracle service Chainlink’s LINK was included in 30% of hedge fund investments, with interoperability protocol Polkadot’s DOT and lending platform Aave’s AAVE making up 28% and 27%, respectively. Related: Opium, UMA to Launch Decentralized Insurance for SpaceX Flights The DeFi space has seen explosive growth in recent months, with the total value locked in Ethereum-based DeFi platforms now sitting at $60 billion, according to DeFi Pulse . Meanwhile, some large traditional hedge funds like Steven Cohen’s Point72 are reported to be taking an interest in DeFi , as part of a strategy of setting up crypto-focused funds. While bitcoin remains far and away the most popular asset among funds, Ethereum’s native ETH token was included in 67% of investments. Crypto hedge funds are also involved in cryptocurrency staking (42%), lending (33%) and borrowing (24%). There is also increased interest in DeFi from some of the more traditional financial institutions, PwC Crypto Leader Henri Arslanian said in an email. Related: People Behind Crypto Protocol DeFi100 May Have Absconded With $32M in Investor Funds “Whilst they may be still far from using decentralized applications, many financial institutions are trying to be more educated and try to understand the potential impact that DeFi may have on the future of financial services,” Arslanian wrote. Crypto hedge funds on average returned 128% in 2020 (versus 30% in 2019). The vast majority of investors in such funds are either high-net-worth individuals (54%) or family offices (30%). The percentage of crypto hedge funds with over $20 million in AUM increased in 2020 from 35% to 46%. Story continues Meanwhile, 47% of traditional hedge fund managers surveyed, representing $180 billion of AUM, are already invested or looking at investing in crypto, according to the report. “The fact that we have partnered with AIMA and included traditional hedge funds for this year’s report is an indication of how fast crypto is becoming more mainstream with institutional investors,” said Arslanian. “This would have been unthinkable even 12 months ago.” Related Stories Flux Protocol Raises $10.3M Seed Round to Build DeFi Infrastructure on NEAR Market Wrap: Capitulation City as Bitcoin Dumps to $31K, ETH to $2K Before Reversal', 'Crypto hedge funds managed nearly $3.8 billion in 2020, up from $2 billion in 2019, and are showing a taste for decentralized finance (DeFi), according to a new report from PwC and the Alternative Investment Management Association (AIMA).\nReleased Monday,the third annual Global Crypto Hedge Fund Report,co-authored by Elwood Asset Management, shows that 31% of crypto hedge funds use decentralized exchanges (DEXs), with Uniswap being the most widely used (16%), followed by 1inch (8%) and SushiSwap (4%).\nMeanwhile, DeFi-specific tokens are on the rise: oracle service Chainlink’sLINKwas included in 30% of hedge fund investments, with interoperability protocol Polkadot’sDOTand lending platform Aave’sAAVEmaking up 28% and 27%, respectively.\nRelated:Opium, UMA to Launch Decentralized Insurance for SpaceX Flights\nThe DeFi space has seen explosive growth in recent months, with the total value locked in Ethereum-based DeFi platforms now sitting at $60 billion, according toDeFi Pulse.\nMeanwhile, some large traditional hedge funds like Steven Cohen’s Point72 arereported to be taking an interest in DeFi, as part of a strategy of setting up crypto-focused funds.\nWhilebitcoinremains far and away the most popular asset among funds, Ethereum’s nativeETHtoken was included in 67% of investments. Crypto hedge funds are also involved in cryptocurrency staking (42%), lending (33%) and borrowing (24%).\nThere is also increased interest in DeFi from some of the more traditional financial institutions, PwC Crypto LeaderHenri Arslaniansaid in an email.\nRelated:People Behind Crypto Protocol DeFi100 May Have Absconded With $32M in Investor Funds\n“Whilst they may be still far from using decentralized applications, many financial institutions are trying to be more educated and try to understand the potential impact that DeFi may have on the future of financial services,” Arslanian wrote.\nCrypto hedge funds on average returned 128% in 2020 (versus 30% in 2019). The vast majority of investors in such funds are either high-net-worth individuals (54%) or family offices (30%). The percentage of crypto hedge funds with over $20 million in AUM increased in 2020 from 35% to 46%.\nMeanwhile, 47% of traditional hedge fund managers surveyed, representing $180 billion of AUM, are already invested or looking at investing in crypto, according to the report.\n“The fact that we have partnered with AIMA and included traditional hedge funds for this year’s report is an indication of how fast crypto is becoming more mainstream with institutional investors,” said Arslanian. “This would have been unthinkable even 12 months ago.”\n• Flux Protocol Raises $10.3M Seed Round to Build DeFi Infrastructure on NEAR\n• Market Wrap: Capitulation City as Bitcoin Dumps to $31K, ETH to $2K Before Reversal', 'Bitcoin , BTC to USD, slid by 7.53% on Sunday. Reversing a 0.47% gain from Saturday, Bitcoin ended the week down by 25.43% to $34,747.0. A mixed start to the day saw Bitcoin rise to an early morning intraday high $38,384.0 before hitting reverse. Falling short of the first major resistance level at $39,218, Bitcoin slid to a late afternoon intraday low $31,230.0. Bitcoin fell through the first major support level at $35,634 and the second major support level at $33,711. Steering clear of the third major support level at $30,127, Bitcoin broke back through the second major support level to end the day at $34,700 levels. The near-term bullish trend remained intact in spite of the latest slide back to sub-$30,000 levels. For the bears, Bitcoin would need a sustained fall through the 62% FIB of $27,237 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was a bearish day on Sunday. Crypto.com Coin tumbled by 20.08% to lead the way down, with Bitcoin Cash SV (-15.28%) and Litecoin (-15.78%) also seeing heavy losses. Binance Coin (-12.96%), Cardano’s ADA (-10.19%), Chainlink (-13.63%), Ethereum (-8.58%), Polkadot (-12.31%), and Ripple’s XRP (-12.48%) weren’t far off, however. It was also a bearish week for the majors. Binance Coin (-53.72%), Bitcoin Cash SV (-56.77%), Chainlink (-50.68%), and Litecoin (-51.80%) led the way down. Cardano’s ADA (-42.85%), Ethereum (-41.44%), Polkadot (-43.51%), and Ripple’s XRP (-45.30%) also saw heavy losses. Crypto.com Coin fell by a more modest 39.60% in the week. In the week, the crypto total market rose to a Monday high $2,162bn before sliding to a Sunday low $1,196bn. At the time of writing, the total market cap stood at $1,407bn. Bitcoin’s dominance fell to a Wednesday low 39.66% before rising to a Sunday high 48.67%. At the time of writing, Bitcoin’s dominance stood at 46.78%. This Morning At the time of writing, Bitcoin was up by 1.47% to $35,259.0. A bullish start to the day saw Bitcoin rise from an early morning low $34,733.0 to a high $35,337.0. Story continues Bitcoin left the major support and resistance levels untested early on. Elsewhere, it was also a bullish start to the day. At the time of writing, Cardano’s ADA was up by 1.77% to lead the way. For the Bitcoin Day Ahead Bitcoin would need to avoid a fall back through the pivot level at $34,790 to bring the first major resistance level at $38,341 into play. Support from the broader market would be needed for Bitcoin to break out from $37,000 levels. Barring a broad-based crypto rally, the first major resistance level at $38,341 and Sunday’s high $38,384.0 would likely cap any upside. In the event of an extended crypto rally, Bitcoin could test resistance at the 38.2% FIB of $41,592 before any pullback. The second major resistance level sits at $41,935. Failure to avoid a fall back through the pivot at $34,790 would bring the first major support level at $31,196 into play. Barring another extended sell-off on the day, Bitcoin should steer clear of the second major support level at $27,645. This article was originally posted on FX Empire More From FXEMPIRE: A Quiet Day Ahead on the Economic Calendar Leaves the U.S Economy and FOMC Chatter in Focus Gold Price Futures (GC) Technical Analysis – Big Challenge for Gold Bulls at $1899.20 Retracement Level NZD/USD Forex Technical Analysis – Trading on Weakside of Main 50% Level at .7204 The Crypto Daily – Movers and Shakers – May 24th, 2021 AUD/USD Forex Technical Analysis – Holding Short-Term 50% Support at .7711 Early in Session EOS, Stellar’s Lumen, and Tron’s TRX – Daily Analysis – May 24th, 2021', 'Bitcoin, BTC to USD, slid by 7.53% on Sunday. Reversing a 0.47% gain from Saturday, Bitcoin ended the week down by 25.43% to $34,747.0.\nA mixed start to the day saw Bitcoin rise to an early morning intraday high $38,384.0 before hitting reverse.\nFalling short of the first major resistance level at $39,218, Bitcoin slid to a late afternoon intraday low $31,230.0.\nBitcoin fell through the first major support level at $35,634 and the second major support level at $33,711.\nSteering clear of the third major support level at $30,127, Bitcoin broke back through the second major support level to end the day at $34,700 levels.\nThe near-term bullish trend remained intact in spite of the latest slide back to su **Last 60 Days of Bitcoin's Closing Prices:** [51704.16, 55137.31, 55973.51, 55950.75, 57750.20, 58917.69, 58918.83, 59095.81, 59384.31, 57603.89, 58758.55, 59057.88, 58192.36, 56048.94, 58323.95, 58245.00, 59793.23, 60204.96, 59893.45, 63503.46, 63109.70, 63314.01, 61572.79, 60683.82, 56216.18, 55724.27, 56473.03, 53906.09, 51762.27, 51093.65, 50050.87, 49004.25, 54021.75, 55033.12, 54824.70, 53555.11, 57750.18, 57828.05, 56631.08, 57200.29, 53333.54, 57424.01, 56396.52, 57356.40, 58803.78, 58232.32, 55859.80, 56704.57, 49150.54, 49716.19, 49880.54, 46760.19, 46456.06, 43537.51, 42909.40, 37002.44, 40782.74, 37304.69, 37536.63, 34770.58] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2021-05-24 **Financial & Commodity Data:** - Gold Closing Price: $1884.60 - Crude Oil Closing Price: $66.05 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $665,729,145,900 - Hash Rate: 156878524.07365298 - Transaction Count: 234755.0 - Unique Addresses: 643231.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.10 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: This week’s price movements for bitcoin (BTC), gold, and our wildcard stock PayPal, and bonus stock AMD. After recovering above the $50,000 price level last week, bitcoin has been largely channeling in the 50,000’s this week. After reaching nearly $52,400 on April 29, BTC saw a boost the next day, pushing its price to $58,400 by May 1. It trickled down the next two days to $56,400. Then on May 3, the price bumped back up to $58,800, before selling pressure forced it down by the end of the day and over the course of the next day. Upon opening on May 5, BTC was trading at $53,300, but rose back up to nearly $58,000 later in the day. On May 6, BTC reached $58,000 again, but is now trading just above $57,000. Gold has had a handful of large swings over the past week. It fell sharply on April 29, down to $1,756, before recovering to around $1,764 for most of the next day. However, on May 3, gold saw persistent buying pressure, which brought it to the brink of $1,800. It trickled back down after that, before briefly shooting back up to that level, then dropping again the next day. From there, it played just above $1,776, then started creeping up, which it continued on May 6. Then around midday it skyrocketed past $1,800, to where it is currently trading around $1,815. This lift above the psychologically significant value of $1,800 was supported by slipping bond yields and a slightly weaker U.S. dollar. The first time breaching this threshold is “quite something for gold,”accordingto Ross Norman, chief executive officer at Metals Daily. “Over the last three weeks, it has attempted these levels five times unsuccessfully, which further reinforces the strength of the resistance level,” he said. “The key issue is that the nominal ten-year Treasury yield has been edging lower and the real yield looks like it is headed back to -1% once again.” Meanwhile, “the sharp move higher in silver through the $27 level will also have given gold confidence to move higher,” Norman added. Similarly to other crypto-related firms, PayPal (PYPL) has recently been trading like BTC. For example, it saw a recent peak around mid-February before bottoming out by the end of the month. This week, however, it has not fared too well. From around $274 last week, PYPL has been edging down day-by-day, before hitting support around $246 on May 4. Although after closing on May 5 the stock rose over 5% in light of a successful earningsreport. The company generated first-quarter net income of $1.1 billion, or $0.92 cents a share, up from $84 million, or $0.07 a share, in the same quarter the year prior. After adjusting for stock-based compensation, and other items, PYPL earned $1.22 a share, nearly double the $0.66 a share of the year prior. PayPal’s revenue for the quarter totaled $6.03 billion, up from $4.62 billion, a year earlier, bolstered by the increase in digital payment due to the global coronavirus pandemic, and the growing use of its crypto offerings. “The really interesting thing is that we not only saw the strongest quarter in our history, but as we look forward, we’re continuing to see elevated levels of digital spending,” chief executive Dan Schulmansaid. “And we now believe the shift in consumers’ digital behavior is going to remain essentially unchanged in a post-COVID world.” This week’s bonus stock is Advanced Micro Devices, who also recently released an earnings report. Its stock also seems to have struggled the past week. After opening around nearly $90 on April 28, the stock promptly sold off to below $86. It continued to sink down to $82 going into the weekend. The sell off continued upon opening, on May 3, to $79. It edged down to $78 the next day, before inching back up to $79 the following day. By May 6, it had reached below $77, but is now trading just below $78. The large selloff that occurred on April 28, was due to thereleaseof its latest earnings report. AMD earned $3.45 billion in its first quarter of 2021, a 93% increase year-on-year. Although a great deal of that revenue likely stemmed from purchases for cryptocurrency mining, the company’s CEO Lisa Su seemed to stumble over a question regarding its contribution. “You asked about crypto. We do not — we have negligible crypto in here,” she said. Because AMD does not make products explicitly for the crypto mining market, it is unable to discern what customer segments its profits derive from.... - Reddit Posts (Sample): [['u/Dj808', 'Got my Loan Liquidated Today: Blockfi sold my BTC collateral priced at $16,196.14 (while market price was well above $32k). Hello!?!', 81, '2021-05-24 00:21', 'https://www.reddit.com/r/blockfi/comments/njivgt/got_my_loan_liquidated_today_blockfi_sold_my_btc/', 'Price for Partial Collateral Sale: $30307.That price was never reached today and my loan was not even on default.\n\n...and BTW, before getting liquidated, I\'ve tried many times to make a deposit via ACH... but it never went through (error message: "try again later").\n\nGreat service!\n\n==================Update 5/24\n\nI\'m in touch with the support team.\n\nThey are listening, they are open to evaluate the situation, and they seem overall very helpful.\n\nThey are in the process of auditing my (and similar) situations. Of course now they are swamp with requests, so they asked me to have patience.I\'m fine with that.\n\nFor now, it seems like they withdrew twice the declared amount and that\'s why the price was 50% off ($16k instead of $32K).\n\nI still believe this liquidation was a glitch because my LTV was at 73% at the time of liquidation, and it never reached +80% (where they can sell your collateral).\n\nI\'ll keep you posted when I get a decision from them.\n\nFingers crossed.\n\n==============Update 5/27\n\nStill waiting for them to audit my situation...', 'https://www.reddit.com/r/blockfi/comments/njivgt/got_my_loan_liquidated_today_blockfi_sold_my_btc/', 'njivgt', [['u/geescars', 22, '2021-05-24 00:58', 'https://www.reddit.com/r/blockfi/comments/njivgt/got_my_loan_liquidated_today_blockfi_sold_my_btc/gz7p3jw/', 'Did you add collateral after you got margin called?', 'njivgt'], ['u/natacado', 35, '2021-05-24 01:04', 'https://www.reddit.com/r/blockfi/comments/njivgt/got_my_loan_liquidated_today_blockfi_sold_my_btc/gz7puzh/', 'Your assertion that Bitcoin never reached that price today is a bit flawed. There’s no one Bitcoin price at any point in time; different markets and exchanges will have different prices. For example, I managed to execute a limit buy for $29,450/BTC on another exchange Friday morning, but no chart I can find shows it actually going that low. BlockFi has a pretty wide spread and it wouldn’t surprise me if there was a moment with low demand that dropped the sale price enough. This is one of the risks of margin loans. \n\nYou’re absolutely right to complain about the inability to ACH deposit in time to prevent liquidation though.', 'njivgt'], ['u/Earth_to_Hondo_2161', 79, '2021-05-24 02:06', 'https://www.reddit.com/r/blockfi/comments/njivgt/got_my_loan_liquidated_today_blockfi_sold_my_btc/gz7wn28/', 'Sorry you lost your money bud, it’s terrible. However, once you get the email from blockfi warning you that you’re about to get margin called you only have about 24 hours to add funds. They make it very clear that the fastest way to add funds is to transfer more BTC to your account because it’s instant and then you’re out of danger. They say using ACH is NOT recommended because it’s too slow and can take a few days to show up in your account. By then it’s too late. You should read everything before you take out a loan so that you avoid putting yourself in this position. And if you read it and don’t understand it you can call them before you take out a loan so they can explain how it works. If you’re going to take out a loan against your BTC from any lender, you need to make sure you’re in the position to cover that loan 100% and that you have the BTC ready to go at a moment’s notice so that you don’t find yourself in this position. Sorry man, I feel for you.', 'njivgt'], ['u/NexxiumSpin', 19, '2021-05-24 03:15', 'https://www.reddit.com/r/blockfi/comments/njivgt/got_my_loan_liquidated_today_blockfi_sold_my_btc/gz83xo3/', 'Like I posted in another thread, this unfortunately highlights the final paragraph of Blockfi’s loan terms. \n\nThey reserve the right to liquidate you at **some** price given to them by an unnamed OTC desk. \n\n**BlockFi utilizes a variety of liquidity providers to execute these transactions in order to capture the best available price for our clients, which may vary from prices listed on public exchanges due to market conditions and volatility.**\n\nAka, Blockfi can and will liquidate you using shady low prices during a dip.', 'njivgt'], ['u/Habanos_ashe', 24, '2021-05-24 03:51', 'https://www.reddit.com/r/blockfi/comments/njivgt/got_my_loan_liquidated_today_blockfi_sold_my_btc/gz87ydb/', 'Wouldn’t depositing additional BTC be the fastest way to prevent this', 'njivgt'], ['u/InteractiveLedger', 19, '2021-05-24 04:28', 'https://www.reddit.com/r/blockfi/comments/njivgt/got_my_loan_liquidated_today_blockfi_sold_my_btc/gz8bxxb/', 'I think you got liquidated somewhere in the ball park of 0.5 BTC which is valued at $16,196.14 ($32,392.28/BTC)', 'njivgt'], ['u/TheGr8CokeMan', 18, '2021-05-24 05:02', 'https://www.reddit.com/r/blockfi/comments/njivgt/got_my_loan_liquidated_today_blockfi_sold_my_btc/gz8fdqs/', 'He did not.', 'njivgt'], ['u/cl3ft', 10, '2021-05-24 08:51', 'https://www.reddit.com/r/blockfi/comments/njivgt/got_my_loan_liquidated_today_blockfi_sold_my_btc/gz8xq66/', 'What are you even on the BlockFi sub if your only Bitcoin utilisation plan is HoDL?', 'njivgt'], ['u/GoldPrize', 15, '2021-05-24 09:20', 'https://www.reddit.com/r/blockfi/comments/njivgt/got_my_loan_liquidated_today_blockfi_sold_my_btc/gz8zmfu/', 'I love reading this sub:\n\n* lives off credit\n\n* something unexpected happens\n\nTHESE DAMN FINANCIAL INSTITUTIONS TAKING AWAY OUR HARD EARNED MONEY.', 'njivgt'], ['u/sk8ordont', 12, '2021-05-24 14:21', 'https://www.reddit.com/r/blockfi/comments/njivgt/got_my_loan_liquidated_today_blockfi_sold_my_btc/gz9k5b4/', 'Rules for borrowing:\n1) never post your entire stack as collateral\n2) Always have BTC on hand ready to use as additional collateral\n\nMy rule for number 1 above is 1/4. I will only post a quarter of my stack - so I can borrow 1/8th of my stack’s value', 'njivgt']]], ['u/BitToro', 'It hasn’t been that long, but I’ve already sold', 79, '2021-05-24 00:23', 'https://www.reddit.com/r/FegToken_Official/comments/njiwui/it_hasnt_been_that_long_but_ive_already_sold/', '\n... all my Bitcoin, and put it straight into FEG! \n\nWho else has diamond hands and has been buying these dips?', 'https://www.reddit.com/r/FegToken_Official/comments/njiwui/it_hasnt_been_that_long_but_ive_already_sold/', 'njiwui', [['u/BitToro', 10, '2021-05-24 02:03', 'https://www.reddit.com/r/FegToken_Official/comments/njiwui/it_hasnt_been_that_long_but_ive_already_sold/gz7wc49/', 'Healthy pull back from the all time high in my opinion. Price is holding strong at the current level. I’m feeling good about this token.', 'njiwui'], ['u/TableLate8237', 22, '2021-05-24 02:09', 'https://www.reddit.com/r/FegToken_Official/comments/njiwui/it_hasnt_been_that_long_but_ive_already_sold/gz7wxt2/', 'Had me in the first half not gonna lie 😂😂', 'njiwui'], ['u/ibadanman', 12, '2021-05-24 03:50', 'https://www.reddit.com/r/FegToken_Official/comments/njiwui/it_hasnt_been_that_long_but_ive_already_sold/gz87umr/', '3-5 years to 100x?? Much, much sooner than that my fellow ape! If this bull-run continues like I think it will, I definitely see 100x, along with a ton of token burns, within a couple of months. Now, for a 1000x, that will require a Binance listing with tons of token burns. A ton of day-traders on Binance, and that will really help accelerate the FEG token burns.', 'njiwui']]], ['u/marco_de_yolo', 'Crypto Refugees and Silverbacks - The hate is not real, sack up and decide for yourself', 92, '2021-05-24 00:33', 'https://www.reddit.com/r/Wallstreetsilver/comments/njj3pw/crypto_refugees_and_silverbacks_the_hate_is_not/', "To start off I never understood the schism between the two communities, similar goals, different investment vehicles. One has been sound money forever, the other is incredibly new. I have owned both, and sold out at 57K BTC, moving into silver miners with that particular account. The cryptobugs were giving PMs abhorrent shit the entire way up, have fun staying poor etc. Now that BTC has fallen 50% cryptobugs are mad at us for saying we told you so for one day? I never planned on hodling BTC forever, at most a 10 year horizon because at its nature it is technology and technologies ALWAYS get replaced by newer, faster, better ones. PMs have never been replaced because they are NOT technology, they are required for many but have always been stores of value. \n\n\nI like to think I saw the pump and dump coming in BTC but maybe I just took profits on a 300% tech investment. PMs are different, they are forever. There is no risk of something replacing them as they are viscerally attached to our senses, our history, and geopolitical stage. But just know what you are investing in. I have no problem holding PMs through downturns, BTC on the other hand is simply so violent in its swings that in the back of my mind I do think I can trade it better than just hodling it. I think both have bright futures and respect the hodlers of both... but BTC is not going to displace the entire world financial system in one year, much less in a decade unless we start living in the Matrix. \n\n\nOne last point that I think is important is that blockchain... CAN BE BLOCKED! People are already talking about bloodcoins, coins made from unsustainable energy, etc. Wallets will be blocked, coins will be blocked. There is not much more if any freedom in transactions over PMs. PMs will always have a place in the financial system and look for it to grow in the coming years of inflation. In times of hyperinflation there is literally nowhere else for money to run, and in my estimation crypto will be treated as a tech investment. I get it, networks are fucking cool, but the entity itself - one BTC - is not. It is sunken energy, energy that cannot be put towards anything else, whereas above ground silver can be. \n\n\nI will... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
38402.22, 39294.20, 38436.97, 35697.61, 34616.07, 35678.13, 37332.86, 36684.93, 37575.18, 39208.77
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['The new Bitcoin Mining Council has no intention of altering the cryptocurrency\x92s software and merely wants to promote sustainable energy practices and transparency in the industry, a founding member said. The council, spearheaded by Tesla CEO Elon Musk and MicroStrategy CEO Michael Saylor, will respect bitcoin\x92s fungibility , and does not advocate discrimination between so-called clean and dirty coins, said Peter Wall, CEO of Argo Blockchain. \x93We\x92re not talking about Bitcoin code or block size or anything related to changing the nature of Bitcoin,\x94 said Wall, whose publicly traded company was one of a handful of mining firms that met with Saylor and Musk over the weekend. \x93We all love Bitcoin the way it is, as a decentralized, permissionless system.\x94 Related: 3 Things You Need to Know About China’s Crypto Crackdown Further, \x93discussions with the group so far have been very clear that one 1 BTC is 1 BTC, and that the fungibility and essential properties of Bitcoin shouldn\x92t be changed,\x94 Wall said in an interview Monday evening. In the hours since Musk and Saylor revealed the meeting on Twitter Monday, hardened Bitcoin veterans have been comparing it to the controversial and ultimately unsuccessful New York Agreement of 2017. That closed-door gathering of startup executives was a major flashpoint in a highly acrimonious debate over how best to scale the Bitcoin network, and widely viewed as inimical to the currency\x92s ethos of leaderlessness. As then, many users are questioning how a small group of companies and two charismatic figureheads can profess to lead a global community where, by design, no one is in charge. \x93It\x92s extremely concerning that this group of bitcoiners wandered into this \x91meeting\x92 without any sense of self-awareness,\x94 wrote Marty Bent, co-founder of Great American Mining, in his newsletter Monday. \x94Do they not recall the last time there was a closed-door meeting that involved industry stakeholders who attempted to speak on behalf of an entire industry? How did they think this would turn out? The hubris is astounding.\x94 Story continues Related: Bitcoin Rises to Near $40K After Musk Tweets About BTC Mining’s ‘Promising’ Renewable Usage Wall said such concerns are unfounded in this case. \x93This isn\x92t the start of OPEC ,\x94 he quipped. \x93The group is a way to get together and discuss. We are all independent, decentralized miners who have formed a voluntary group to influence the industry and each other.\x94 The group is not exclusive, he added, though it is still working out mechanisms for other mining operations to join. \x93This is an international challenge for Bitcoin and needs to be addressed on an international level.\x94 Bitcoin goes ESG? The council\x92s formation also comes as public figures such as \x93Shark Tank\x94 star Kevin O\x92Leary are pushing the idea that bitcoins can be \x93clean\x94 or \x93dirty\x94 depending on how they are mined, and that green-minded institutional investors can, and should buy only the former. Throughout his conversation with CoinDesk, Wall said the council\x92s two goals were to promote disclosure of and improve energy practices. Beyond those broad objectives, the companies haven\x92t agreed on much else, he said. \x93What we do want to do is to make sure valid ESG concerns about people mining bitcoin with coal are being addressed,\x94 Wall said, referring to the shorthand for environmental, social and corporate governance. \x93At this point, It\x92s not going any further than that.\x94 When asked about the efficacy of carbon credits, he declined to speak on the council\x92s behalf. \x93We haven\x92t gone beyond the two things I\x92ve laid out, which is energy transparency and improving sustainable mining practices.\x94 Pressed on how promoting mining transparency squared with protecting fungibility, Wall said the council wasn\x92t considering labeling which coins were mined sustainably and which ones with coal-powered equipment. The information would begin and end on the company level, he said. \x93What we\x92re saying is we need to promote energy transparency around individual miners, not necessarily about coins that are coming out from individual miners,\x94 Wall said. The question is \x93what kind of energy mixes are individual miners, publicly traded miners, using, with the goal to then take that knowledge and encourage people to move more towards renewables.\x94 Besides Argo, the other miners in the group are Hut 8 , Galaxy Digital , Riot Blockchain, Marathon , Core Scientific, Hive Blockchain and Blockcap . Combined, they control less than 10% of the global computing power on the Bitcoin network, Coin Metrics co-founder and Castle Island Ventures partner Nic Carter estimated . Saylor, the MicroStrategy CEO who claims to have organized the group, is scheduled to speak at Consensus 2021 Tuesday afternoon. Related Stories Marty Bent: Bitcoiners Must Fight for Energy Narrative Compute North to Host Marathon\x92s 73K New Bitcoin Miners in Texas', 'The new Bitcoin Mining Council has no intention of altering the cryptocurrency’s software and merely wants to promote sustainable energy practices and transparency in the industry, a founding member said.\nThe council, spearheaded by Tesla CEO Elon Musk and MicroStrategy CEO Michael Saylor, will respect bitcoin’sfungibility, and does not advocate discrimination between so-called clean and dirty coins, said Peter Wall, CEO of Argo Blockchain.\n“We’re not talking about Bitcoin code or block size or anything related to changing the nature of Bitcoin,” said Wall, whose publicly traded company was one ofa handful of mining firmsthat met with Saylor and Musk over the weekend. “We all love Bitcoin the way it is, as a decentralized, permissionless system.”\nRelated:3 Things You Need to Know About China’s Crypto Crackdown\nFurther, “discussions with the group so far have been very clear that one 1BTCis 1 BTC, and that the fungibility and essential properties of Bitcoin shouldn’t be changed,” Wall said in an interview Monday evening.\nIn the hours sinceMuskandSaylorrevealed the meeting on Twitter Monday, hardened Bitcoin veterans have been comparing it to the controversial and ultimately unsuccessful New York Agreement of 2017. That closed-door gathering of startup executives was a major flashpoint in a highly acrimonious debate over how best to scale the Bitcoin network, and widely viewed as inimical to the currency’s ethos of leaderlessness.\nAs then, many users are questioning how a small group of companies and two charismatic figureheads can profess to lead a global community where, by design, no one is in charge.\n“It’s extremely concerning that this group of bitcoiners wandered into this ‘meeting’ without any sense of self-awareness,” wrote Marty Bent, co-founder of Great American Mining, in hisnewsletterMonday. ”Do they not recall the last time there was a closed-door meeting that involved industry stakeholders who attempted to speak on behalf of an entire industry? How did they think this would turn out? The hubris is astounding.”\nRelated:Bitcoin Rises to Near $40K After Musk Tweets About BTC Mining’s ‘Promising’ Renewable Usage\nWall said such concerns are unfounded in this case.\n“This isn’t the start ofOPEC,” he quipped. “The group is a way to get together and discuss. We are all independent, decentralized miners who have formed a voluntary group to influence the industry and each other.”\nThe group is not exclusive, he added, though it is still working out mechanisms for other mining operations to join. “This is an international challenge for Bitcoin and needs to be addressed on an international level.”\nBitcoin goes ESG?\nThe council’s formation also comes as public figures such as “Shark Tank” star Kevin O’Leary arepushing the ideathat bitcoins can be “clean” or “dirty” depending on how they are mined, and that green-minded institutional investors can, and should buy only the former.\nThroughout his conversation with CoinDesk, Wall said the council’s two goals were to promote disclosure of and improve energy practices. Beyond those broad objectives, the companies haven’t agreed on much else, he said.\n“What we do want to do is to make sure valid ESG concerns about people mining bitcoin with coal are being addressed,” Wall said, referring to the shorthand for environmental, social and corporate governance. “At this point, It’s not going any further than that.”\nWhen asked about the efficacy of carbon credits, he declined to speak on the council’s behalf. “We haven’t gone beyond the two things I’ve laid out, which is energy transparency and improving sustainable mining practices.”\nPressed on how promoting mining transparency squared with protecting fungibility, Wall said the council wasn’t considering labeling which coins were mined sustainably and which ones with coal-powered equipment. The information would begin and end on the company level, he said.\n“What we’re saying is we need to promote energy transparency around individual miners, not necessarily about coins that are coming out from individual miners,” Wall said. The question is “what kind of energy mixes are individual miners, publicly traded miners, using, with the goal to then take that knowledge and encourage people to move more towards renewables.”\nBesides Argo, the other miners in the group areHut 8,Galaxy Digital, Riot Blockchain,Marathon, Core Scientific, Hive Blockchain andBlockcap. Combined, they control less than 10% of the global computing power on the Bitcoin network, Coin Metrics co-founder and Castle Island Ventures partner Nic Carterestimated.\nSaylor, the MicroStrategy CEO who claims to have organized the group, is scheduled to speak atConsensus 2021Tuesday afternoon.\n• Marty Bent: Bitcoiners Must Fight for Energy Narrative\n• Compute North to Host Marathon’s 73K New Bitcoin Miners in Texas', 'The new Bitcoin Mining Cou **Last 60 Days of Bitcoin's Closing Prices:** [55137.31, 55973.51, 55950.75, 57750.20, 58917.69, 58918.83, 59095.81, 59384.31, 57603.89, 58758.55, 59057.88, 58192.36, 56048.94, 58323.95, 58245.00, 59793.23, 60204.96, 59893.45, 63503.46, 63109.70, 63314.01, 61572.79, 60683.82, 56216.18, 55724.27, 56473.03, 53906.09, 51762.27, 51093.65, 50050.87, 49004.25, 54021.75, 55033.12, 54824.70, 53555.11, 57750.18, 57828.05, 56631.08, 57200.29, 53333.54, 57424.01, 56396.52, 57356.40, 58803.78, 58232.32, 55859.80, 56704.57, 49150.54, 49716.19, 49880.54, 46760.19, 46456.06, 43537.51, 42909.40, 37002.44, 40782.74, 37304.69, 37536.63, 34770.58, 38705.98] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2021-05-25 **Financial & Commodity Data:** - Gold Closing Price: $1898.10 - Crude Oil Closing Price: $66.07 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $714,244,840,734 - Hash Rate: 153143321.1195184 - Transaction Count: 233644.0 - Unique Addresses: 640506.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.22 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Bitcoin , BTC to USD, rallied by 7.59% on Friday. Reversing a 2.36% loss from Thursday, Bitcoin ended the month down by 1.98% to $57,630.0. A mixed start to the day saw Bitcoin fall to an early morning intraday low $53,068.0 before making a move. Steering clear of the first major support level at $52,221, Bitcoin rallied to a late intraday high $57,611.0. Bitcoin broke through the first major resistance level at $55,066 and the second major resistance level at $56,567. Falling short of $58,000 levels, however, Bitcoin eased back to end the day at sub-$57,600 levels. The near-term bullish trend remained intact supported by the return to $57,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $27,237 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was a mixed day on Friday. Polkadot bucked the trend, falling by 5.80%. It was a bullish end to the month for the rest of the majors, however. Ripple’s XRP rallied by 14.39% to lead the way. Binance Coin (+3.89%), Bitcoin Cash SV (+5.96%), Cardano’s ADA (+3.68%), Chainlink (+4.65%), Crypto.com Coin (+5.32%), and Litecoin (+6.30%) also made solid gains. Ethereum (+0.64%) trailed the front runners, however. For the month of April, it was a mixed month for the majors. Crypto.com Coin joined Bitcoin in the red, with a 6.49% loss. It was a bullish month for the rest of the majors, however. Ripple’s XRP and Binance Coin surged by 180.63% and by 106.01% respectively to lead the way. Bitcoin Cash SV (+36.87%), Chainlink (+29.83%), Ethereum (+44.61%), and Litecoin (+37.93%) also found particularly strong support, with Cardano’s ADA gaining 13.61%. Polkadot saw a modest gain of 0.22%, however. In the current week, the crypto total market fell to a Monday low $1,778bn before rising to a Friday high $2,193bn. At the time of writing, the total market cap stood at $2,154bn. Bitcoin’s dominance rose to a Monday high 51.73% before falling to a Thursday low 49.18%. At the time of writing, Bitcoin’s dominance stood at 50.28%. Story continues This Morning At the time of writing, Bitcoin was up by 0.28% to $57,794.0. A mixed start to the day saw Bitcoin fall to an early morning low $57,350.0 before rising to a high $57,930.0. Bitcoin left the major support and resistance levels untested early on. Elsewhere, it was a mixed start to the day. Crypto.com Coin (+0.36%), Litecoin (+0.46%), and Polkadot (+0.22%) joined Bitcoin in the green early on. It was a bearish start for the rest of the majors, however. At the time of writing, Binance Coin was down by 0.77% to lead the way down. For the Bitcoin Day Ahead Bitcoin would need to avoid the $56,164 pivot to bring the first major resistance level at $59,260 into play. Support from the broader market would be needed for Bitcoin to break out from $58,500 levels. Barring an extended crypto rally, the first major resistance level and resistance at $60,000 would likely cap any upside. In the event of an extended crypto rally, Bitcoin could test resistance at the swing hi $64,829. The second major resistance level sits at $60,890. Failure to avoid a fall through the $56,164 would bring the first major support level at $54,334 into play. Barring another extended sell-off on the day, Bitcoin should steer clear of sub-$54,000 levels. The second major support level sits at $51,438. This article was originally posted on FX Empire More From FXEMPIRE: S&P 500 Weekly Price Forecast – Stock Markets Hesitate at End of Month Gold Weekly Price Forecast – Gold Markets Pull Back From 50 Week EMA Crude Oil Weekly Price Forecast – Crude Oil Continues Consolidation USD/CAD Daily Forecast – U.S. Dollar Attempts To Rebound Against Canadian Dollar Ethereum, Litecoin, and Ripple’s XRP – Daily Tech Analysis – May 1st, 2021 European Equities: A Week in Review – 30/04/21... - Reddit Posts (Sample): [['u/___v0id___', 'My Coin crashed 70%, I’ll just wait for it to recover… or should I buy again lower?', 23, '2021-05-25 00:05', 'https://www.reddit.com/r/CryptoCurrency/comments/nk9pmj/my_coin_crashed_70_ill_just_wait_for_it_to/', 'If you believe in your coin, look at the math:\n\nYou buy $100 of your coin at $1.00. It’s at $1. Likely it’ll dip because you’ve bought, they always do, but with any luck, market is good and it’ll go up\n\nBTC crash wipes the market…\n\nYour coin is now worth $0.30\n\nIf you believe in that coin and put $100 in now, if (strong if!) it goes back to $1.00 again, where you were originally happy to invest, you’re already over 3x in profit from the second investment.\n\n70% down = 333% up\n\nSame applies to any coin you didn’t invest in… other numbers/percentages apply\n\nIt can feel stupid but don’t under-estimate dip-buying', 'https://www.reddit.com/r/CryptoCurrency/comments/nk9pmj/my_coin_crashed_70_ill_just_wait_for_it_to/', 'nk9pmj', [['u/PapaLongD0ng', 11, '2021-05-25 00:08', 'https://www.reddit.com/r/CryptoCurrency/comments/nk9pmj/my_coin_crashed_70_ill_just_wait_for_it_to/gzbntwv/', 'Dip is not over, we’re still off like 30-40% from previous aths.', 'nk9pmj'], ['u/GrizzledVet101', 20, '2021-05-25 00:14', 'https://www.reddit.com/r/CryptoCurrency/comments/nk9pmj/my_coin_crashed_70_ill_just_wait_for_it_to/gzbokj7/', 'I\'m not buying into this "recovery". It won\'t be hard for the big money to crash it yet again. I have a feeling this week will be another rough one. That bounce was way too fast.', 'nk9pmj'], ['u/MrFuqnNice', 11, '2021-05-25 00:31', 'https://www.reddit.com/r/CryptoCurrency/comments/nk9pmj/my_coin_crashed_70_ill_just_wait_for_it_to/gzbqmds/', 'Crypto is so much easier to manipulate compared to stocks, so crashes (money grabbing) are going to happen all the time now.', 'nk9pmj']]], ['u/tossmyrock', 'Dear "Green Mining Council", Last time someone tried to make a "better" bitcoin was Bitcoin Cash. Go fork yourself and see what happens. No centralized mining regulation. home miners forever. open pools forever. no "green mining certified tax". no Rabbi blessing fees for Kosher mining.', 237, '2021-05-25 00:28', 'https://www.reddit.com/r/Bitcoin/comments/nka74j/dear_green_mining_council_last_time_someone_tried/', 'Dear "Green Mining Council", Last time someone tried to make a "better" bitcoin was Bitcoin Cash. Go fork yourself and see what happens. No centralized mining regulation. home miners forever. open pools forever. no "green mining certified tax". no Rabbi blessing fees for Kosher mining.', 'https://www.reddit.com/r/Bitcoin/comments/nka74j/dear_green_mining_council_last_time_someone_tried/', 'nka74j', [['u/Apprehensive_Total28', 57, '2021-05-25 00:36', 'https://www.reddit.com/r/Bitcoin/comments/nka74j/dear_green_mining_council_last_time_someone_tried/gzbrbno/', 'And so starts the second BTC civil war', 'nka74j'], ['u/pappapetes', 13, '2021-05-25 01:20', 'https://www.reddit.com/r/Bitcoin/comments/nka74j/dear_green_mining_council_last_time_someone_tried/gzbwglz/', 'Aren’t they just compiling transparent and accurate stats of their overall and renewable energy use? \n\nIt’s a PR stunt, I haven’t heard anything about regulation or forks. Try taking your tinfoil hat off every once in awhile', 'nka74j'], ['u/tossmyrock', 16, '2021-05-25 01:23', 'https://www.reddit.com/r/Bitcoin/comments/nka74j/dear_green_mining_council_last_time_someone_tried/gzbwt06/', 'now.\n\nthen they will start doing the "we wont allow miners who arent ceritified? then states will come in with "no mining at home" rules. or there will be taxes if you don’t certify and certification will cost $5000 per mining setup putting home miners and mining pools out of business.\n\nthen pools wont allow you to connect and ruin their "green rating" umless you personally sign up with your green certification. \nthis is how it starts.\n\nGo look at the "Blood diamond" scam DeBeers created to stop small diamond mines from undercutting their monopoly prices.', 'nka74j'], ['u/100_Jose_Maria_001', 16, '2021-05-25 04:29', 'https://www.reddit.com/r/Bitcoin/comments/nka74j/dear_green_mining_council_last_time_someone_tried/gzci6ix/', 'Yep, pretty much. This is mildly terrifying tbh.', 'nka74j']]], ['u/redditb212', 'Why is it so bad that Elon and Saylor are talking with miners about clean energy?', 280, '2021-05-25 00:31', 'https://www.reddit.com/r/BitcoinBeginners/comments/nka939/why_is_it_so_bad_that_elon_and_saylor_are_talking/', 'Why are people busting out about the fact Elon and Saylor are talking with minders about reporting their energy mix? \n\nThis can only be good for reporting North America’s Bitcoin mining footprint? \n\nAnd about “centralizing miners”, only large huge miners have a chance at getting a block so it’s already conglomerates mining. How decentralized is mining really? That can’t be the reason. Thoughts?', 'https://www.reddit.com/r/BitcoinBeginners/comments/nka939/why_is_it_so_bad_that_elon_and_saylor_are_talking/', 'nka939', [['u/TomokoSlankard', 28, '2021-05-25 00:34', 'https://www.reddit.com/r/BitcoinBeginners/comments/nka939/why_is_it_so_bad_that_elon_and_saylor_are_talking/gzbqzqh/', 'They been here for all of 5 minutes. Now these morons are going to be leading the development of crypto?', 'nka939'], ['u/Evening-Gap2147', 186, '2021-05-25 01:01', 'https://www.reddit.com/r/BitcoinBeginners/comments/nka939/why_is_it_so_bad_that_elon_and_saylor_are_talking/gzbu95f/', "Elon buys bitcoin, tesla buys bitcoin, tesla accepts bitcoin, then announces he is selling bitcoin simply because of the energy usage and tesla will no longer accept bitcoin for purchasing a tesla.\n\nDo you really think Elon didn't know about the energy problem? Do you really think Elon putting people on Mars is environmentally friendly?\n\nHe is simply manipulating the crypto market for his and only his benefit in mind\n\nEdit for spelling errors", 'nka939'], ['u/au_bits', 20, '2021-05-25 01:16', 'https://www.reddit.com/r/BitcoinBeginners/comments/nka939/why_is_it_so_bad_that_elon_and_saylor_are_talking/gzbvwoy/', 'The risk is, if they collude behind closed doors then miners could theoretically censor transactions and change protocols which would have the effect of suppressing the free and open market that we currently enjoy. I think Michael Saylor is a straight shooter. Not so sure about Elon.', 'nka939'], ['u/cjwin1977', 408, '2021-05-25 01:40', 'https://www.reddit.com/r/BitcoinBeginners/comments/nka939/why_is_it_so_bad_that_elon_and_saylor_are_talking/gzbypgp/', 'There should be no councils in Bitcoin. Assume any organization, council, group, corporation or board will eventually be corrupted.', 'nka939'], ['u/Void_D_Dragon', 11, '2021-05-25 02:02', 'https://www.reddit.com/r/BitcoinBeginners/comments/nka939/why_is_it_so_bad_that_elon_and_saylor_are_talking/gzc18xd/', 'I don’t have a problem with the meeting about clean energy, I in fact think it’s a great idea. It will remove one big tool Bitcoin FUDders use. I have a problem with market manipulation. He is not stupid and knows what he says affects the market significantly. I hope that what he says stops affecting the market as it does now.', 'nka939'], ['u/UltraSurvivalist', 43, '2021-05-25 02:03', 'https://www.reddit.com/r/BitcoinBeginners/comments/nka939/why_is_it_so_bad_that_elon_and_saylor_are_talking/gzc1dsj/', "Musk is not interested in clean energy. The proof of work system is the same today as it was when he sounded the trumpets about Tesla's Bitcoin purchase. \nThe only thing Musk is interested in, is being called the smartest man in the world.", 'nka939'], ['u/777CA', 12, '2021-05-25 02:13', 'https://www.reddit.com/r/BitcoinBeginners/comments/nka939/why_is_it_so_bad_that_elon_and_saylor_are_talking/gzc2hgf/', 'Did he say he was selling though? I thought he reiterated that he was not selling hit Bitcoin.\n\nAnd as to Mars, I think that’s pretty awesome. But that’s an aside.', 'nka939'], ['u/Evening-Gap2147', 18, '2021-05-25 02:20', 'https://www.reddit.com/r/BitcoinBeginners/comments/nka939/why_is_it_so_bad_that_elon_and_saylor_are_talking/gzc3bwm/', ">Did he say he was selling though? I thought he reiterated that he was not selling hit Bitcoin.\n\n>And as to Mars, I think that’s pretty awesome. But that’s an aside.\n\nYou can't believe or take a face value what Elon says.\n\nAs far as Mars is concerned he should go that alone with no taxpayer monies.\n\nIn fact without taxpayer monies tesla wouldn't even exist", 'nka939'], ['u/redditb212', 143, '2021-05-25 02:26', 'https://www.reddit.com/r/BitcoinBeginners/comments/nka939/why_is_it_so_bad_that_elon_and_saylor_are_talking/gzc406u/', 'Ok, this honestly makes the most sense.', 'nka939'], ['u/[deleted]', 43, '2021-05-25 02:46', 'https://www.reddit.com/r/BitcoinBeginners/comments/nka939/why_is_it_so_bad_that_elon_and_saylor_are_talking/gzc6fe3/', 'I think he is doing it for fun, ego or power tripping.\n\nMaybe someone is influencing his opinions behind the scenes. Who knows who he keeps in his inner circle, Azealia Banks was surprising enough.', 'nka939'], ['u/[deleted]', 14, '2021-05-25 02:53', 'https://www.reddit.com/r/BitcoinBeginners/comments/nka939/why_is_it_so_bad_that_elon_and_saylor_are_talking/gzc799c/', 'when you are that rich money no longer matters, power is the new currency', 'nka939'], ['u/Evening-Gap2147', 10, '2021-05-25 02:56', 'https://www.reddit.com/r/BitcoinBeginners/comments/nka939/why_is_it_so_bad_that_elon_and_saylor_are_talking/gzc7log/', ">when you are that rich money no longer matters, power is the new currency\n\nOh but if they aren't #1 it matters to them.", 'nka939'], ['u/FrontHandNerd', 18, '2021-05-25 03:22', 'https://www.reddit.com/r/BitcoinBeginners/comments/nka939/why_is_it_so_bad_that_elon_and_saylor_are_talking/gzcakg8/', 'My .02 is it’s gives off the feeling of centralization. 2 corporate heads buy a ton of Bitcoin and now get to head up groups and decide things behind closed d... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
39294.20, 38436.97, 35697.61, 34616.07, 35678.13, 37332.86, 36684.93, 37575.18, 39208.77, 36894.41
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['VICTORIA, Seychelles, May 25, 2021 (GLOBE NEWSWIRE) -- Enecuum Network Ltd has proudly announced the launching of blockchain protocol for decentralized Web3 applications. The protocol is actually based on a combination of proof-of-activity, proof-of-work, and proof-of-stake. Meanwhile, the proof-of-activity is very energy efficient and it is possible to run the node even on smartphone without worrying about battery consumption. Could Proof-of-Activity Solve Blockchain\'s Energy Problem? Elon Musk\'s recent criticism of Bitcoin\'s excessive energy consumption caught many by surprise. After all, hadn\'t the Tesla boss added $1.5 billion worth of BTC to the company\'s balance sheet back in February? And hadn\'t the company rolled out support for the asset a month later, with the world\'s media excitedly reporting that crypto could be exchanged for an electric vehicle? As it turns out, the volatility of the market is nothing compared to the volatility of Musk\'s mood. In a May 12 tweet , the PayPal cofounder suspended vehicle purchases using Bitcoin citing concerns about "rapidly increasing use of fossil fuels for Bitcoin mining and transactions, especially coal". While reiterating his belief that cryptocurrency has a promising future, Musk burnished his green credentials by saying this could not come "at great cost to the environment." Tesla would, he claimed, use bitcoin for transactions as soon as mining transitions to more sustainable energy. Needless to say, the comments have reignited a long-raging debate about the environmental impact of not only Bitcoin but cryptocurrencies in general. Does the use of fossil fuels in mining operations detract from an asset\'s decentralized credentials? Is Bitcoin\'s energy-intensive proof-of-work consensus a tremendous waste of energy or a worthwhile tradeoff? Is Hybrid Consensus the Answer? Proof-of-work is the algorithm favored not only by Bitcoin but number-two network Ethereum, and its implementation sees miners rewarded in crypto every time they solve a complex computation. Story continues The conversion of energy into hashes via proof-of-work solves the double spending problem but has also put Bitcoin (and to a lesser extent Ethereum) in the cross-hairs of environmental activists. While Bitcoin is locked into PoW, Ethereum\'s transition to proof-of-stake via its much-vaunted 2.0 upgrade will, according to its Foundation , reduce its power consumption by over 99%, making it around 7,000% more energy-efficient than Bitcoin. About Enecuum Proof-of-stake isn\'t the only environmentally-friendly alternative. Proof-of-activity is another. The PoA algorithm used by the Enecuum blockchain involves a collective of \'publishers\' who verify microblocks by reaching a consensus. Importantly, PoA is far less intensive when it comes to the utilization of storage and communications resources: unlike PoW, everyday mobile devices are perfectly capable of running a PoA node. The minimum requirements are Android 5.0, 1GHz CPU and 1Gb RAM. Enecuum\'s blockchain protocol for decentralized Web3 applications is actually based on a combination of proof-of-activity, proof-of-work, and proof-of-stake, with the former taking the lion\'s share of responsibility for confirming transactions. Currently, there are 1,788 PoA nodes compared to 3 PoW and 23 PoS, spread across 22,803 accounts. As with Bitcoin, the nodes are scattered far and wide: Europe, North America, Australia, Africa, South America. Uniquely, transactions can be confirmed from virtually any device connected to the network, making the blockchain highly eco-friendly and attack-resistant. Enecuum taps into the largely under-utilized computational power of smartphones around the globe to facilitate the validation process and decentralize storage; the more devices connect, the higher the network speed. With its hybrid consensus, smartphones power the network by executing proof-of-stake mining as part of a PoA paradigm. The involvement of proof-of-work, meanwhile, is minimal and mainly concerns the generation of blocks to obtain rewards for computational expense. While 65% of the ENQ emission is intended for PoA mining, 25% is ring-fenced for PoS and just 10% goes to PoW. A research paper published last year noted that a PoW approach could be "potentially harmful to autonomous devices due to natural battery limitations," but the use of "resource-constrained nodes" in PoA would have an impact similar to that of a common messenger application. The researchers, from Finland\'s Tampere University, Moscow\'s National Research University, and the St Petersburg ITMO University, assessed the energy consumption of PoA-based applications using various metrics including battery output voltage and battery temperature. The team\'s conclusion was that the "utilization of PoA systems on a smartphone does not significantly affect the lifetime of the smartphone battery while existing methods based on PoW have a tremendous negative impact." Like Bitcoin, Enecuum wants to bring blockchain and cryptocurrencies to the mainstream. But as this paper demonstrates, our energy credentials are such that we can keep the eco-warriors onside at the same time. Incentivizing millions of smartphone users to plug into the network and share their untapped processing activity \x96 and compelling dApp developers to create fast, low-cost applications on the Enecuum blockchain \x96 creates an energy-efficient network that is truly global in scope. Debates around crypto\'s energy consumption are likely to rage for many years, and no doubt Musk will pipe up periodically to offer his opinion. In the meantime, Enecuum is busy spreading the word about the Trinity Algorithm , a game-changer that promises to repair crypto\'s environmental reputation once and for all. Social Links https://twitter.com/ENQ_enecuum https://t.me/Enecuum_EN https://t.me/ENQbeam Media Contact Company: Enecuum Network Ltd Contact: Mikhail Sayfullin E-mail: [email protected] Website: https://enecuum.com/ SOURCE: Enecuum Network Ltd', 'VICTORIA, Seychelles, May 25, 2021 (GLOBE NEWSWIRE) -- Enecuum Network Ltd has proudly announced the launching of blockchain protocol for decentralized Web3 applications. The protocol is actually based on a combination of proof-of-activity, proof-of-work, and proof-of-stake. Meanwhile, the proof-of-activity is very energy efficient and it is possible to run the node even on smartphone without worrying about battery consumption. Could Proof-of-Activity Solve Blockchain\'s Energy Problem? Elon Musk\'s recent criticism of Bitcoin\'s excessive energy consumption caught many by surprise. After all, hadn\'t the Tesla boss added $1.5 billion worth of BTC to the company\'s balance sheet back in February? And hadn\'t the company rolled out support for the asset a month later, with the world\'s media excitedly reporting that crypto could be exchanged for an electric vehicle? As it turns out, the volatility of the market is nothing compared to the volatility of Musk\'s mood. In a May 12 tweet , the PayPal cofounder suspended vehicle purchases using Bitcoin citing concerns about "rapidly increasing use of fossil fuels for Bitcoin mining and transactions, especially coal". While reiterating his belief that cryptocurrency has a promising future, Musk burnished his green credentials by saying this could not come "at great cost to the environment." Tesla would, he claimed, use bitcoin for transactions as soon as mining transitions to more sustainable energy. Needless to say, the comments have reignited a long-raging debate about the environmental impact of not only Bitcoin but cryptocurrencies in general. Does the use of fossil fuels in mining operations detract from an asset\'s decentralized credentials? Is Bitcoin\'s energy-intensive proof-of-work consensus a tremendous waste of energy or a worthwhile tradeoff? Is Hybrid Consensus the Answer? Proof-of-work is the algorithm favored not only by Bitcoin but number-two network Ethereum, and its implementation sees miners rewarded in crypto every time they solve a complex computation. Story continues The conversion of energy into hashes via proof-of-work solves the double spending problem but has also put Bitcoin (and to a lesser extent Ethereum) in the cross-hairs of environmental activists. While Bitcoin is locked into PoW, Ethereum\'s transition to proof-of-stake via its much-vaunted 2.0 upgrade will, according to its Foundation , reduce its power consumption by over 99%, making it around 7,000% more energy-efficient than Bitcoin. About Enecuum Proof-of-stake isn\'t the only environmentally-friendly alternative. Proof-of-activity is another. The PoA algorithm used by the Enecuum blockchain involves a collective of \'publishers\' who verify microblocks by reaching a consensus. Importantly, PoA is far less intensive when it comes to the utilization of storage and communications resources: unlike PoW, everyday mobile devices are perfectly capable of running a PoA node. The minimum requirements are Android 5.0, 1GHz CPU and 1Gb RAM. Enecuum\'s blockchain protocol for decentralized Web3 applications is actually based on a combination of proof-of-activity, proof-of-work, and proof-of-stake, with the former taking the lion\'s share of responsibility for confirming transactions. Currently, there are 1,788 PoA nodes compared to 3 PoW and 23 PoS, spread across 22,803 accounts. As with Bitcoin, the nodes are scattered far and wide: Europe, North America, Australia, Africa, South America. Uniquely, transactions can be confirmed from virtually any device connected to the network, making the blockchain highly eco-friendly and attack-resistant. Enecuum taps into the largely under-utilized computational power of smartphones around the globe to facilitate the validation process and decentralize storage; the more devices connect, the higher the network speed. With its hybrid consensus, smartphones power the network by executing proof-of-stake mining as p **Last 60 Days of Bitcoin's Closing Prices:** [55973.51, 55950.75, 57750.20, 58917.69, 58918.83, 59095.81, 59384.31, 57603.89, 58758.55, 59057.88, 58192.36, 56048.94, 58323.95, 58245.00, 59793.23, 60204.96, 59893.45, 63503.46, 63109.70, 63314.01, 61572.79, 60683.82, 56216.18, 55724.27, 56473.03, 53906.09, 51762.27, 51093.65, 50050.87, 49004.25, 54021.75, 55033.12, 54824.70, 53555.11, 57750.18, 57828.05, 56631.08, 57200.29, 53333.54, 57424.01, 56396.52, 57356.40, 58803.78, 58232.32, 55859.80, 56704.57, 49150.54, 49716.19, 49880.54, 46760.19, 46456.06, 43537.51, 42909.40, 37002.44, 40782.74, 37304.69, 37536.63, 34770.58, 38705.98, 38402.22] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2021-05-26 **Financial & Commodity Data:** - Gold Closing Price: $1901.30 - Crude Oil Closing Price: $66.21 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $736,811,138,516 - Hash Rate: 151898253.46814018 - Transaction Count: 230753.0 - Unique Addresses: 641585.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.22 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: When real estate agent Whitney Pannell listed an investment home that she bought and renovated for $300,000, she added an unusual note to the description : "Sellers are accepting Bitcoin for this home." “I’m a firm believer in bitcoin — I believe it will be the future,” said Pannell, who has been investing seriously in the digital coin since 2019 with her husband, Rick. She had heard of properties in California selling for bitcoin years ago, but not in her home market of Lexington, Kentucky. “I figured somebody will do it, why not us?” She's not alone. More sellers — albeit still a small segment — are trying to get in on bitcoin and cryptocurrency through the hot housing market, according to Realtor.com data provided to Yahoo Money. A home stands for sale in a Brooklyn neighborhood with a limited supply of single family homes on March 31, 2021 in New York City. (Photo by Spencer Platt/Getty Images) (Spencer Platt via Getty Images) Last month, there were 71 listings that mentioned crypto or bitcoin in their descriptions on the real estate listing site. That's 14.3 listings per 100,000 homes, the highest rate on record, according to the data. The previous high occurred in March 2018, during cryptocurrency’s last peak in popularity and prices. At that point, Realtor.com saw 12.7 listings per 100,000 homes. Read more: Here's how to incorporate bitcoin into your retirement investments “If the cryptocurrency market can get a firmer foothold and grow confidence from the general public, we may see a wider adoption of home sellers accepting cryptocurrencies as payment,” Nicolas Bedo, an economic research analyst at Realtor.com, told Yahoo Money. Bitcoin has surged more than 500% in the past year, from less than $10,000 to the current price of almost $60,000. The cryptocurrency now has a market value of more than $1 trillion, according to CoinMarketCap.com. Other digital tokens, including ethereum, Binance coin, and Dogecoin have also rallied as investors pile into the sector, pushing the value of the more than 6,000 crypto coins past a total of $2.25 trillion. At the same time, home values increased 12% year over year in February , the highest annual gain recorded by the S&P CoreLogic Case-Shiller national home price index since February 2006 — or two months shy of the last peak in housing. Story continues “Bitcoin has appreciated about 200% a year, while the Lexington market did 3% — now 10% with what’s going on — but far less than what bitcoin has appreciated,” Pannell said. “It’s just about finding that buyer.” Read more: Bitcoin: 74 questions answered Raul Chavez of 800buykwik.com agrees and is instructing his real estate agents to note in listings that cryptocurrency is accepted. Chavez has been a house flipper in California — an investor who buys homes, fixes them up, and quickly resells them — since 2000. Lately, he’s also been investing in bitcoin and ethereum. “I feel in the long run, bitcoin will have the higher opportunity,” Chavez, who seriously got into the crypto market in April of last year, told Yahoo Money. “Yes, it’s more volatile, but 10 years from now, this is where the world is headed.” His only problem is finding new homes to buy and flip for crypto in a housing market suffering from inventory shortages. The number of homes for sale at the end of March hit 1.07 million units , down 28.2% from a year ago and near historic lows, according to the National Association of Realtors. Read more: Mortgage rates: Here's how to get the best rate “It's definitely a very hot housing market,” he said. Potentially too hot to hold out for bitcoin buyers: Both listings that Chavez and Pannell put up are under contract to buyers offering run-of-the-mill U.S. dollars. “No bitcoin offers, but we did sell it after multiple offers over the asking price,” Pannell said. “We’re not at the point that we’ll turn away all cash.” Yahoo Money sister site Cashay has a weekly newsletter. Janna is an editor for Yahoo Money and Cashay . Follow her on Twitter @JannaHerron . Read more: Federal judge rules that CDC's federal eviction moratorium is not legal Warren Buffett’s 2010 advice on cash reserves is more relevant than ever Mortgage rates dip below 3% — again Read more personal finance information, news, and tips on Cashay... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
38436.97, 35697.61, 34616.07, 35678.13, 37332.86, 36684.93, 37575.18, 39208.77, 36894.41, 35551.96
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['China’s nationwide crackdown on crypto mining could create a competitive environment in which only the biggest miners can survive, said a co-founder and managing partner of Waterdrip Capital, a major investor in the Chinese crypto mining industry.\n“Finding suitable sites outside the mining hubs requires a lot of resources such as capital and network,” Yusan Zheng said during a Chinese-language Clubhouse discussion hosted by CoinDesk. “Only the most experienced and deep-pocketed miners will be able to carry out such a plan.”\nLocal authorities in major Chinese mining hubs have started banishing crypto mining businesses since last Friday’scrackdown noticefrom the State Council. With little idle capacity in overseas hosting sites, some miners plan to go underground and continue to operate in other parts of the country, which might be only feasible for some of the biggest miners.\nRelated:Sichuan Energy Regulator to Meet to Discuss Bitcoin Mining: Report\nIf mining power is too centralized, a few miners could manipulate the market by controlling the supply ofbitcoin, or rewrite transactions on the immutable distributed ledger in the bitcoin network and shut out smaller miners with over 50% of the network’s mining power.\nXinjiang, Sichuan and Inner Mongolia have been popular regions for Chinese miners due to their cheap electricity. While the miners run their mining machines with hydropower in Sichuan during the rainy season in the summer, they migrate to the other two regions that chiefly have coal in the winter.\nIt is likely that miners will move from these mining hubs in western China to the east, where they can put the mining machines into factories, said Zheng, who was an early investor in bitcoin mining in China. The miners could also send a few mining machines to each household in the countryside, he said.\nWhile the crackdown will be focused on mining hubs, it might be harder to implement if mining sites are in multiple discreet locations across the country, according to Zheng.\nRelated:Bank of Korea Sees Threat to Financial System in Leveraged Crypto Trading\nThe electricity cost will certainly rise, but the factories and individual households could easily get millions of mining machines up and running again, Zheng said.\nChinese mining firms have also been trying to find overseas hosting sites since the crackdown.\nBut major global mining hubs such as Kazakhstan and Russia have little to no idle capacity to support new machines. Mining farms in North America are expanding their operations but that will take a long time to reach sufficient capacity to host the majority of Chinese miners’ mining machines, according to Ethan Vera, chief operating officer at Luxor.\n“It is impossible to move all of the mining machines in China abroad,” Zheng said. “Miners have to figure out a way to keep the machines running.”\n• DeFi ‘Raises Challenges’ for Investors, Regulators, SEC’s Gensler Says\n• Market Wrap: Bitcoin, Ether Climb on ‘Green’ Mining Plans Before Losing Steam', 'China’s nationwide crackdown on crypto mining could create a competitive environment in which only the biggest miners can survive, said a co-founder and managing partner of Waterdrip Capital, a major investor in the Chinese crypto mining industry. “Finding suitable sites outside the mining hubs requires a lot of resources such as capital and network,” Yusan Zheng said during a Chinese-language Clubhouse discussion hosted by CoinDesk. “Only the most experienced and deep-pocketed miners will be able to carry out such a plan.” Local authorities in major Chinese mining hubs have started banishing crypto mining businesses since last Friday’s crackdown notice from the State Council. With little idle capacity in overseas hosting sites, some miners plan to go underground and continue to operate in other parts of the country, which might be only feasible for some of the biggest miners. Related: Sichuan Energy Regulator to Meet to Discuss Bitcoin Mining: Report If mining power is too centralized, a few miners could manipulate the market by controlling the supply of bitcoin , or rewrite transactions on the immutable distributed ledger in the bitcoin network and shut out smaller miners with over 50% of the network’s mining power. Xinjiang, Sichuan and Inner Mongolia have been popular regions for Chinese miners due to their cheap electricity. While the miners run their mining machines with hydropower in Sichuan during the rainy season in the summer, they migrate to the other two regions that chiefly have coal in the winter. It is likely that miners will move from these mining hubs in western China to the east, where they can put the mining machines into factories, said Zheng, who was an early investor in bitcoin mining in China. The miners could also send a few mining machines to each household in the countryside, he said. While the crackdown will be focused on mining hubs, it might be harder to implement if mining sites are in multiple discreet locations across the country, according to Zheng. Story continues Related: Bank of Korea Sees Threat to Financial System in Leveraged Crypto Trading The electricity cost will certainly rise, but the factories and individual households could easily get millions of mining machines up and running again, Zheng said. Chinese mining firms have also been trying to find overseas hosting sites since the crackdown. But major global mining hubs such as Kazakhstan and Russia have little to no idle capacity to support new machines. Mining farms in North America are expanding their operations but that will take a long time to reach sufficient capacity to host the majority of Chinese miners’ mining machines, according to Ethan Vera, chief operating officer at Luxor. “It is impossible to move all of the mining machines in China abroad,” Zheng said. “Miners have to figure out a way to keep the machines running.” Related Stories DeFi ‘Raises Challenges’ for Investors, Regulators, SEC’s Gensler Says Market Wrap: Bitcoin, Ether Climb on ‘Green’ Mining Plans Before Losing Steam', 'China’s nationwide crackdown on crypto mining could create a competitive environment in which only the biggest miners can survive, said a co-founder and managing partner of Waterdrip Capital, a major investor in the Chinese crypto mining industry.\n“Finding suitable sites outside the mining hubs requires a lot of resources such as capital and network,” Yusan Zheng said during a Chinese-language Clubhouse discussion hosted by CoinDesk. “Only the most experienced and deep-pocketed miners will be able to carry out such a plan.”\nLocal authorities in major Chinese mining hubs have started banishing crypto mining businesses since last Friday’scrackdown noticefrom the State Council. With little idle capacity in overseas hosting sites, some miners plan to go underground and continue to operate in other parts of the country, which might be only feasible for some of the biggest miners.\nRelated:Sichuan Energy Regulator to Meet to Discuss Bitcoin Mining: Report\nIf mining power is too centralized, a few miners could manipulate the market by controlling the supply ofbitcoin, or rewrite transactions on the immutable distributed ledger in the bitcoin network and shut out smaller miners with over 50% of the network’s mining power.\nXinjiang, Sichuan and Inner Mongolia have been popular regions for Chinese miners due to their cheap electricity. While the miners run their mining machines with hydropower in Sichuan during the rainy season in the summer, they migrate to the other two regions that chiefly have coal in the winter.\nIt is likely that miners will move from these mining hubs in western China to the east, where they can put the mining machines into factories, said Zheng, who was an early investor in bitcoin mining in China. The miners could also send a few mining machines to each household in the countryside, he said.\nWhile the crackdown will be focused on mining hubs, it might be harder to implement if mining sites are in multiple discreet locations across the country, according to Zheng.\nRelated:Bank of Korea Sees Threat to Financial System in Leveraged Crypto Trading\nThe electricity cost will certainly rise, but the factories and individual households could easily get millions of mining machines up and running again, Zheng said.\nChinese mining firms have also been trying to find overseas hosting sites since the crackdown.\nBut major global mining hubs such as Kazakhstan and Russia have little to no idle capacity to support new machines. Mining farms in North America are expanding their operations but that will take a long time to reach sufficient capacity to host the majority of Chinese miners’ mining machines, according to Ethan Vera, chief operating officer at Luxor.\n“It is impossible to move all of the mining machines in China abroad,” Zheng said. “Miners have to figure out a way to keep the machines running.”\n• DeFi ‘Raises Challenges’ for Investors, Regulators, SEC’s Gensler Says\n• Market Wrap: Bitcoin, Ether Climb on ‘Green’ Mining Plans Before Losing Steam', 'SINGAPORE (Reuters) -Cryptocurrencies slipped on Thursday but without falling through recent lows, as enough traders clung to hopes that the asset class can claw its way back from last week\'s plunge. Bitcoin dropped 4% in Asia to about $37,600 and the next biggest crypto token, ether, was down 7.5% at $2,676 - leaving both well above deep week-ago troughs but miles shy of the record highs they scaled in April. Some analysts said the falls felt relatively modest compared with recent volatility and pointed to a market finding a floor, though it is clear regulatory attention and wavering enthusiasm from Tesla boss Elon Musk are going to remain major risks. "The big cleanout has probably occurred," said IG Markets analyst Kyle Rodda, as trade had calmed down somewhat. "People lose patience and bail along the way, but ... it looks like its starting to form a bit of a bottom here," he said. "I\'m s **Last 60 Days of Bitcoin's Closing Prices:** [55950.75, 57750.20, 58917.69, 58918.83, 59095.81, 59384.31, 57603.89, 58758.55, 59057.88, 58192.36, 56048.94, 58323.95, 58245.00, 59793.23, 60204.96, 59893.45, 63503.46, 63109.70, 63314.01, 61572.79, 60683.82, 56216.18, 55724.27, 56473.03, 53906.09, 51762.27, 51093.65, 50050.87, 49004.25, 54021.75, 55033.12, 54824.70, 53555.11, 57750.18, 57828.05, 56631.08, 57200.29, 53333.54, 57424.01, 56396.52, 57356.40, 58803.78, 58232.32, 55859.80, 56704.57, 49150.54, 49716.19, 49880.54, 46760.19, 46456.06, 43537.51, 42909.40, 37002.44, 40782.74, 37304.69, 37536.63, 34770.58, 38705.98, 38402.22, 39294.20] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2021-05-27 **Financial & Commodity Data:** - Gold Closing Price: $1895.70 - Crude Oil Closing Price: $66.85 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $707,854,209,912 - Hash Rate: 145672915.21124923 - Transaction Count: 214035.0 - Unique Addresses: 602300.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.27 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: By Julien Ponthus LONDON (Reuters) - Young British investors are twice as likely to buy cryptocurrencies such as bitcoin as they are to buy stocks, a survey by U.S. financial group Charles Schwab indicated on Thursday. In the survey, 51% of investors aged between 18 and 37 traded or owned cryptocurrencies, double the number of those - 25% - buying or holding equities. Exposing the gap in generations when it comes to investing, a mere 8% of investors aged over 55 aged trade cryptocurrencies. Bitcoin, the biggest cryptocurrency by market capitalisation, hit a record of almost $65,000 last week but has pulled back more than 16% since. Despite the recent pullback, bitcoin has gained nearly 90% this year as large investors, banks from Goldman Sachs to Morgan Stanley and household name companies such as Tesla Inc warm to the emerging asset. The spike in interest in cryptocurrencies has come amid a surge in online trading by retail investors, many of them younger people stuck at home with extra cash because of the COVID-19 pandemic. The same trend has spurred a boom in usage of online trading apps such as Robinhood, and also fuelled the social-media driven rally in GameStop Corp stock that pitted retail investors against hedge funds earlier this year. "As more young people purchase speculative products, there is a fear that these investors are not diversifying their portfolios enough to mitigate risks in case cryptocurrency markets decline," read the Charles Schwab press release presenting the survey. Its finding showed seven out of 10 young investors were uncertain as to how to build protections against losses in the current financial environment. The survey was conducted between February and March 2021 among 1,000 UK investors aged over 18 and holding at least one type of investment. (Reporting by Julien Ponthus and Tom Wilson; Editing by Alex Richardson)... - Reddit Posts (Sample): [['u/Dumputer', "The rich will lose trillions in the MOASS. Selling you crypto is how they'll get it back (plus, a plea to Gamestop)", 49, '2021-05-27 00:22', 'https://www.reddit.com/r/Superstonk/comments/nlt3ff/the_rich_will_lose_trillions_in_the_moass_selling/', ' \n\n​\n\n[ The guy who sells you Shitcoins. Notice he’s running away with a bag of $USD](https://preview.redd.it/z00prukobj171.png?width=681&format=png&auto=webp&s=fd5ed89a16f1e7eede1635663dd405f042a65e92)\n\n**XXX GME 💎🙌🦍here**. I am probably going to get downvoted to hell for this (by shills and apes who don’t understand why PoW crypto is no bueno, and don\'t care to learn), but I’m making this post out of moral obligation.\n\n**GAMESTOP: If you are reading this: Building on E\\*\\*\\*\\*\\*\\*m is a big mistake. With catastrophic climate change looming, you’ll be placing yourself on the wrong side of history. Shortsellers can now recruit legions of well-meaning progressives to “cancel” you, and rightfully so, because there is** [**no credible argument**](https://dumputer.medium.com/if-you-care-about-climate-change-avoid-bitcoin-ethereum-and-doge-like-the-plague-bfd84ca6c5fa#196c) **against** [**E\\*\\*\\*\\*\\*\\*m’s climate impact**](https://digiconomist.net/ethereum-energy-consumption/)**. Now is not the time to be diving headfirst into controversial topics. For the love of God, at least build on something else that does not use proof-of-work: Card@no, T3zos, Fl0w, R1pple, anything but E\\*\\*\\*\\*\\*\\*m. Use a “clean” NFT platform and you can be the hero instead of the villain. Don’t believe me? Look at how** [**overwhelmingly negative**](https://twitter.com/Pringles/status/1372242606902673409) **the reaction to Pringles’ NFT was.**\n\n**I’m a highly skilled programmer. DM me and I’ll help you build your NFT platform. But only if you denounce E\\*\\*\\*\\*\\*\\*m and use a clean (non proof-of-work) blockchain.**\n\nI can already sense crypto apes firing up their Corsair RGB keyboards to debate me. That’s OK! I welcome an open discussion about this, and I don’t want to shame anyone. I even think your RGB keyboard is cool. **Ape together strong. The last thing we need at this moment is to be divided.** And I don’t necessarily think it’s right to strictly judge the money-making ethics of people who aren’t financially independent, and have to make a living somehow. All I ask is that you read what I have to say first!\n\nProof-of-work cryptocurrencies like Shitcoin, E\\*\\*\\*\\*\\*\\*m, and the dog coin, are unmitigated, [exponentially](https://digiconomist.net/bitcoin-energy-consumption) [escalating](https://digiconomist.net/ethereum-energy-consumption/) **climate change disasters**. They are also yet another way that rich people scam poor people out of their money, and **they plan to scam you bigtime after the MOASS.** If you are skeptical on either of these points, I would encourage you to read on.\n\nI would hope “climate change disaster” is enough to give you pause, but I know a lot of you apes think with your wallets, so I’ll start with the “bigtime scam” aspect.\n\n### Bigtime scam\n\nLet’s start with a comic for the visual learners out there:\n\n[\\*chimped](https://preview.redd.it/udwoi0e1cj171.png?width=968&format=png&auto=webp&s=0e7c2925fe3ea738757ed3395c3e28e1431bfd91)\n\nFirst it was the dog coin, now it’s the supposed r/cryptocurrency crossover. Their last desperate move is to, if not to get us to sell GME for crypto, at least to get us to **invest tendies into crypto post-MOASS, which will allow them to steal back the money**. They already have plenty of crypto; [around 2% of network entities control 71.5% of all Shitcoin](https://insights.glassnode.com/bitcoin-supply-distribution/). The only reason they can’t sell it all at once is because it would crash the value. **But if apes buy crypto en masse post-MOASS, the money will go right back into the hands of the rich, and they’ll send you right back to what they see as “your place.”**\n\nCryptocurrency has many aspects of a [pyramid/ponzi scheme](https://finance.yahoo.com/news/economist-bitcoin-is-a-pyramid-scheme-204217615.html). It is far from a “sure thing” and it’s easily manipulated by the rich. If you manage to make money on a pyramid scheme, good for you I guess… I don’t really care. But if you do it in a way that fucks up the planet… I do care.\n\n​\n\n[Crypto mining facility. 99.9% of the \\\\"work\\\\" done by these computers gets thrown away in the end.](https://preview.redd.it/ztir3nrbcj171.png?width=700&format=png&auto=webp&s=e583bf4539bae297f39f9e4e455aa1dd1cac8339)\n\n### The decision whether or not to use proof-of-work Crypto is now the most monumental conservation decision the average person will get to make in their lifetimes.\n\nYou could **reduce, reuse, recycle, and conserve your entire life**. The net benefit of a lifetime’s worth of doing this, **could be negated by clicking the “buy” and “sell” buttons a handful of times** on C0inbase.\n\nLet’s put this in perspective. You could fly 500+ hours on passenger flights. You could eat around 15,000 hamburgers. Or… you could do 100 Shitcoin transactions. **The carbon emissions of these things are, by best estimates, equivalent.** And the “exchange rate” there will just get worse and worse (probably exponentially so), as more people use Shitcoin, and efficiency degrades even further.\n\nI am using the [Digiconomist ](https://digiconomist.net/bitcoin-energy-consumption/)estimates here. [Different estimates](https://cbeci.org/) vary, but the general consensus is that it’s a lot.\n\nThis isn\'t even necessary to run a blockchain... there are way better algorithms out there, like proof-of-stake, but those blockchains are much less popular. **Rich corporations love proof-of-work**, because all they have to do to get coins is build giant climate-destroying factories, something they obviously have no compunction about doing. They can turn on their dedicated coal power plants when prices are high, and sell useless tokens to the first chump they can find.\n\n### Proof-of-work cryptocurrency is a nightmare, and the Gamestop/NFT news this morning made my stomach drop. \n\nMy take: I think it will play right into the hands of HFs, who have been trying their damnedest to get apes excited about crypto. They want to scam you out of your tendies, as described above.\n\nNot to mention, as I said up top, HFs can now recruit legions of progressives who will try *rightfully* to “cancel” Gamestop. I will hold my stock with diamond hands, because this is only a small blemish on an otherwise great company. But I wish it wasn’t there. If you, like me, want Gamestop to reconsider this decision, you could always contact them via the email on [this page](https://nft.gamestop.com/), voice your dissent and ask them to at least use a clean blockchain instead. If some ape knows of a better way for small-time stockholders to voice opinions, would be happy to learn.\n\nI’m begging you. Before you take a bullish stance of proof-of-work cryptocurrencies, at least read my Medium article so you can have a better understanding of the negatives, and the reasons why PoW currencies are already so outdated. It’s focused on explaining in simple terms how proof-of-work actually works, and *why* this makes it so environmentally devastating; as well as touching on the “ripoff” aspect in the last parts:\n\n[If You Care About Climate Change, Avoid Proof-of-Work Cryptocurrency Like The Plague](https://dumputer.medium.com/if-you-care-about-climate-change-avoid-bitcoin-ethereum-and-doge-like-the-plague-bfd84ca6c5fa#5793)\n\nPlease don’t be mean in the replies. **Ape together strong. Don\'t let this divide us. Be civil.** Any GME holder is OK in my book. I haven’t said anything disparaging towards crypto hodlers, I just want to make sure they understand the implications of what they’re doing. Ape no fight ape. Before you refute me, please check my article to see if I already addressed it (I included nine arguments from the pro-crypto playbook). But please do correct me if any of my facts are off, and I\'ll edit. I want to get this right.\n\nI didn’t write this post because I wanted to. My heart made me do it. If I can change even one person’s mind, I can rest easy knowing I did a good deed. I’m still bullish as hell on Gamestop and I know you guys are too. **🦍🤝💪**', 'https://www.reddit.com/r/Superstonk/comments/nlt3ff/the_rich_will_lose_trillions_in_the_moass_selling/', 'nlt3ff', [['u/joemos', 26, '2021-05-27 00:28', 'https://www.reddit.com/r/Superstonk/comments/nlt3ff/the_rich_will_lose_trillions_in_the_moass_selling/gzkiz0y/', 'Isn’t etherum moving to POS with 2.0?', 'nlt3ff'], ['u/laflammaster', 11, '2021-05-27 01:14', 'https://www.reddit.com/r/Superstonk/comments/nlt3ff/the_rich_will_lose_trillions_in_the_moass_selling/gzkosqr/', "Yes, yes it is. \n\nI believe you'd need to own 32 coins to begin with, and begin earning on it. \n\nOP is also sus pointing to the article instead of answering questions.", 'nlt3ff']]], ['u/JanPB', 'A very good summary by Michael Saylor, incl. his chats with Musk (who is more sane than he likes to pretend)', 78, '2021-05-27 00:46', 'https://www.reddit.com/r/Bitcoin/comments/nltl90/a_very_good_summary_by_michael_saylor_incl_his/', 'It\'s at [this](https://www.youtube.com/watch?v=ibCXhvf4IAg) link. A quote:\n\n"I think it became pretty clear that we, the Bitcoiners, have a good story, but it\'s a very complicated story. And we need to find a way to share our story and to educate [...] My first thought was there is no point in us tweeting back and forth at each other because I don\'t think a 288-character twitters are right ways to educate the public and build consensus. \n\n"So I reached out to Elon and I spoke with him and we had a very long conversation and [...] I asked him if he had relationship or had met with Bitcoin miners [...] Elon [...] said we would all benefi... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
35697.61, 34616.07, 35678.13, 37332.86, 36684.93, 37575.18, 39208.77, 36894.41, 35551.96, 35862.38
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['Tom Brady has “definitely” gotten involved in investing in the cryptocurrency market, the seven-time Super Bowl champion said Thursday. “I’m a big believer in [crypto],” Brady said in a pre-recorded video interview with FTX\xa0 founder Sam Bankman-Fried. He did not share any specific details about which crypto assets he’s invested in. The Tampa Bay Buccaneers quarterback only recently entered the public crypto sphere, launching non-fungible token (NFT) platform Autograph last month and changing his Twitter profile picture to the bitcoin laser eyes meme shortly after. Related: What $DESK Says About Scarcity, Value and Money “In my understanding, it was really a vote of confidence to really get into the conversation as I’m such a big believer in crypto, and where things are heading in the world,” Brady said. But Brady, who won six of his Super Bowl titles with the New England Patriots of the U.S. National Football League before signing with Tampa Bay, said he’s been discussing cryptocurrency for far longer than just the past month. And when asked whether he had “gotten involved with any investing in crypto,” Brady said, “I definitely have.” “In our quarterback room, one of my coaches has been on it for eight, nine months. So we talk about it basically every day, the prices of the different tokens, how the space is doing,” Brady said. He compared his embrace of the crypto space to his approach to health and wellness. Related: State of Crypto: What Regulators Said at Consensus 2021 “I’ve been someone who decided to treat my body differently than the way that everyone else treated it,” said Brady, who also runs his own health business. NFL players’ BTC embrace However, Brady does not anticipate being paid in crypto the way his peers have sought. Free agent offensive tackle Russell Okung, free agent tight end Sean Culkin and free agent quarterback Matt Barkley have all sought to get their salaries in bitcoin. Story continues While a member of the Carolina Panthers, Okung secured an arrangement where the Panthers would send half of his salary to crypto startup Zap , which would convert it to BTC. Culkin later secured a similar deal while on the Kansas City Chiefs but was cut shortly thereafter. No National Football League player has been paid directly in crypto by his team to date. “At the end of the day, technically that can’t happen, [teams] can’t pay their athletes [in bitcoin], what they pay is in dollars,” Brady said. “But I mean, how you invest your money? Absolutely. So I definitely think there’ll be more solutions as this is more widely adopted in all areas of our lives.” ‘Emerging markets’ For Brady, crypto’s value proposition is that markets are being disrupted and the nascent asset class may well be here to stay. “We’re learning more and more about these emerging markets,” he said. “I don’t think it’s going anywhere. … The world is changing. …\xa0 And you can be ahead of the curve or behind it, and I’m choosing to be ahead of it.” Bankman-Fried, who, through FTX, recently bought the naming rights to the stadium where the National Basketball Association’s Miami Heat plays, said it’s difficult for people who are “glued to the screen looking at price action” to look away, but he advises traders to do so anyway. “If the only reason you’re in crypto is because you think prices are going to go up, that’s, OK, I mean, you know, so be it,” he said, adding: “But … sometimes [prices] go down and that sucks, but if a lot of what you’re coming from is the perspective of, ‘Look, here’s why I think crypto can be really cool and here are the problems I think you can solve’ … I think that’s a good time to take a step back.” Brady’s NFT play NFTs may represent the “next generation of interaction between celebrities” and brands with their fans, Brady said. He said he launched Autograph to be a part of the crypto community, and make it easier for celebrities or popular brands to create collectibles for their current fans. “When I was a kid, I was a big baseball card collector. Understanding that the kids now in the digital age, you know, are going to want so many things at their disposal on their devices, it’s a great opportunity to be involved in that for unique collectibles, but really to provide great experiences for different fans and collectors,” Brady said. The wide-ranging conversation capped off CoinDesk’s Consensus 2021 event and was moderated by FTX.US COO Sina Nader. Related Stories Liquidity Mining Will Return to Uniswap ‘Very Soon,’ Founder Says Ark’s Cathie Wood Blames Crypto Crash on ‘ESG Movement’', 'Tom Brady has “definitely” gotten involved in investing in the cryptocurrency market, the seven-time Super Bowl champion said Thursday.\n“I’m a big believer in [crypto],” Brady said in a pre-recordedvideo interviewwith FTX\xa0 founder Sam Bankman-Fried. He did not share any specific details about which crypto assets he’s invested in.\nThe Tampa Bay Buccaneers quarterback only recently entered the public crypto sphere,launching non-fungible token (NFT) platform Autographlast month and changinghis Twitter profile pictureto thebitcoinlaser eyesmeme shortly after.\nRelated:What $DESK Says About Scarcity, Value and Money\n“In my understanding, it was really a vote of confidence to really get into the conversation as I’m such a big believer in crypto, and where things are heading in the world,” Brady said.\nBut Brady, who won six of his Super Bowl titles with the New England Patriots of the U.S. National Football League before signing with Tampa Bay, said he’s been discussing cryptocurrency for far longer than just the past month. And when asked whether he had “gotten involved with any investing in crypto,” Brady said, “I definitely have.”\n“In our quarterback room, one of my coaches has been on it for eight, nine months. So we talk about it basically every day, the prices of the different tokens, how the space is doing,” Brady said.\nHe compared his embrace of the crypto space to his approach to health and wellness.\nRelated:State of Crypto: What Regulators Said at Consensus 2021\n“I’ve been someone who decided to treat my body differently than the way that everyone else treated it,” said Brady, who also runs his own health business.\nHowever, Brady does not anticipate being paid in crypto the way his peers have sought. Free agent offensive tackle Russell Okung, free agent tight end Sean Culkin and free agent quarterback Matt Barkley have all sought to get their salaries in bitcoin.\nWhile a member of the Carolina Panthers, Okung secured an arrangement where the Panthers would sendhalf of his salary to crypto startup Zap, which would convert it to BTC.\nCulkinlater secured a similar dealwhile on the Kansas City Chiefs but was cut shortly thereafter. No National Football League player has been paid directly in crypto by his team to date.\n“At the end of the day, technically that can’t happen, [teams] can’t pay their athletes [in bitcoin], what they pay is in dollars,” Brady said. “But I mean, how you invest your money? Absolutely. So I definitely think there’ll be more solutions as this is more widely adopted in all areas of our lives.”\nFor Brady, crypto’s value proposition is that markets are being disrupted and the nascent asset class may well be here to stay.\n“We’re learning more and more about these emerging markets,” he said. “I don’t think it’s going anywhere. … The world is changing. …\xa0 And you can be ahead of the curve or behind it, and I’m choosing to be ahead of it.”\nBankman-Fried, who, through FTX, recentlybought the naming rightsto the stadium where the National Basketball Association’s Miami Heat plays, said it’s difficult for people who are “glued to the screen looking at price action” to look away, but he advises traders to do so anyway.\n“If the only reason you’re in crypto is because you think prices are going to go up, that’s, OK, I mean, you know, so be it,” he said, adding:\n“But … sometimes [prices] go down and that sucks, but if a lot of what you’re coming from is the perspective of, ‘Look, here’s why I think crypto can be really cool and here are the problems I think you can solve’ … I think that’s a good time to take a step back.”\nNFTs may represent the “next generation of interaction between celebrities” and brands with their fans, Brady said.\nHe said he launched Autograph to be a part of the crypto community, and make it easier for celebrities or popular brands to create collectibles for their current fans.\n“When I was a kid, I was a big baseball card collector. Understanding that the kids now in the digital age, you know, are going to want so many things at their disposal on their devices, it’s a great opportunity to be involved in that for unique collectibles, but really to provide great experiences for different fans and collectors,” Brady said.\nThe wide-ranging conversation capped off CoinDesk’s Consensus 2021 event and was moderated by FTX.US COO Sina Nader.\n• Liquidity Mining Will Return to Uniswap ‘Very Soon,’ Founder Says\n• Ark’s Cathie Wood Blames Crypto Crash on ‘ESG Movement’', 'CrowdStrike CRWD is set to report its first quarter fiscal 2022 financial results on Thursday, June 3. The cloud-focused cybersecurity firm has gone on a strong run over the last year and it’s still up 180% despite cooling down in 2021, along with most other growth tech names. CRWD shares have climbed over 20% in the last two weeks, which means investors might want to take a deeper look at the stock. Overview CrowdStrike is a cloud-focused cybersecurity company that utilizes machine learning and AI to protect endpoints and cloud workloads. This is crucial in a cloud age that’s full of rapidly expanding endpoints that include laptops, desktops, smartphones, IoT devices, and more. The company went public in the summer of 2019, and remote work and schooling pushed this area of the already-booming cybersecurity space to the forefront. As devices proliferate and our digitally-connected world grows **Last 60 Days of Bitcoin's Closing Prices:** [57750.20, 58917.69, 58918.83, 59095.81, 59384.31, 57603.89, 58758.55, 59057.88, 58192.36, 56048.94, 58323.95, 58245.00, 59793.23, 60204.96, 59893.45, 63503.46, 63109.70, 63314.01, 61572.79, 60683.82, 56216.18, 55724.27, 56473.03, 53906.09, 51762.27, 51093.65, 50050.87, 49004.25, 54021.75, 55033.12, 54824.70, 53555.11, 57750.18, 57828.05, 56631.08, 57200.29, 53333.54, 57424.01, 56396.52, 57356.40, 58803.78, 58232.32, 55859.80, 56704.57, 49150.54, 49716.19, 49880.54, 46760.19, 46456.06, 43537.51, 42909.40, 37002.44, 40782.74, 37304.69, 37536.63, 34770.58, 38705.98, 38402.22, 39294.20, 38436.97] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2021-05-28 **Financial & Commodity Data:** - Gold Closing Price: $1902.50 - Crude Oil Closing Price: $66.32 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $713,339,601,344 - Hash Rate: 148163050.51400563 - Transaction Count: 218311.0 - Unique Addresses: 616432.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.21 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: A rapper takes the stage. He raps about crypto: I’m blowing up, like bitcoin; I got it going to the max, I ain’t no s**tcoin! The crowd cheers and dances. A giant screen displays a mix of non-fungible tokens. It’s loud. It’s weird. It’s fun. And this is when it fully hits you that the Miami Crypto Expo is an actual Expo , filled with people, actual people, people who drink and laugh and hug and flirt. This is not Zoom. This is not a “virtual conference.” This is not an “online meetup.” This is the real deal. And the NFT-themed expo, held April 21 to 23, seems to have a deeper purpose: to announce that Miami is the real deal. Crypto is everywhere. Mayor Francis Suarez wants to make the city a Crypto Hub, the Miami Heat basketball team will soon play in the FTX Arena – astonishing mainstream publicity for Samuel Bankman-Fried’s cryptocurrency exchange – and Miami will soon play host to the upcoming Bitcoin 2021 conference, now billed as “The Largest Bitcoin Event in History.” But is the hype real? In my first bit of traveling since being fully vaccinated, I wanted to visit Miami in person – not via Zoom – to see if there’s actual , flesh and blood, real-world evidence of Miami’s crypto boom. After all, it’s easy to pump out press releases. It’s easy for a mayor to tweet. And it’s easy to claim you’re a Crypto City. Back in 2018 I visited “Bitcoin City” in Ljubljana, Slovenia. I’ve been to the Crypto City of Zug , Switzerland. Akon is building a Crypto City in Uganda. Wyoming is the Crypto State. Puerto Rico is Crypto Utopia. And so on. It now seems like a proven playbook: If your city needs a rebranding, why not choose crypto? Related: Som Seif: ‘Rational’ for SEC to Approve Crypto ETFs So it’s time, finally, to get back on the road. Booths and Porsches My guide for the event is Tatiana Moroz, a folk singer/songwriter who mainlines crypto. She once funded an album in cryptocurrency, she launched a “Tatiana coin,” and her podcast, called “Proof of Love,” explores the place “where sex, love and life meet crypto.” Her libertarian and crypto-inspired songs, such as “Bitcoin Jingle,” include lyrics like: Story continues I didn’t want to give any of my money to a nation based on war I wanted to be free, nothing holding me back from where I want to go Related: Bitcoin Trades at $40K as Rebound Rally Stalls I thought about it, I thought about it What was the choice that I made? It was to take away the money, Don’t give up your money, Use bitcoin whenever you pay Use bitcoin whenever you pay Moroz spent most of her life in New Jersey and New York City, but in the depths of the coronavirus pandemic, like so many, she needed a change. She had friends in Miami. She visited, she loved it, she moved. Easy choice. “Miami is all the fire, and then some,” says Moroz. “I don’t think there’s any marketing ploy.” She was drawn to the Art Deco architecture, the strong Latin influence, the art scene, the libertarian vibe, the nightlife (even during COVID-19), and the pro-crypto mayor. It doesn’t hurt that “everybody’s super hot.” (She’s not wrong.) On the first day of the Expo, I soak in the familiar beats and rhythms of a crypto conference, which I haven’t felt in years. It’s almost nostalgic: Booths hawking crypto swag; the Fu#k the banks T-shirts; panels and workshops with titles like “Bitcoin Mining for NOOBS” and “How to Run a Crypto Business Without Going to Jail.” Masks are worn dutifully by some, drooped around the neck by others and not at all by most. (Full disclosure: I would not have felt comfortable covering the event if not fully vaccinated.) “Me and my team, we’ve been saying ‘Miami is the bitcoin capital of America’ for two years,” says the sunny and always-smiling Eryka Gemma, the Expo’s MC. “We just saw it coming.” Gemma started hosting Miami crypto meet-ups back in 2017. She points to Miami’s underrated international banking presence, its longtime crypto roots and its Latin American influence. “You see a lot of Latin Americans who saw what hyperinflation did to their home nations,” she says. “So they understand bitcoin.” Then there’s the NFT scene. At night, the posh lobby of the InterContinental Hotel is transformed into a crypto art gallery, or “NFT Gala,” courtesy of a Miami-based group called Bit Basel. The bitcoin logo is everywhere – in the NFT paintings, on T-shirts, even on some of the masks. It feels like a proper art gala, spiked with a shot of crypto hope. Many of the artists are present, such as Ali Spagnola, who live-paints the image of a rocket going “to the moon.” Miami is all the fire, and then some. Lambos? Maybe not, but you can’t miss the Crypto Porsche. Earlier in the week, at a party that featured a Rick Ross performance (held on April 20, and called “The 420 Party”), the artist Rich B Caliente unveiled a Porsche he had painted a striking mix of teal and pink, emblazoned with streaks of yellows and reds and purples. It’s not subtle. The tricked-out ride was signed by Ross, and auctioned off as an NFT for over $900K, perhaps the perfect symbol of newfound NFT wealth. Some of the artwork incorporates augmented reality, like a series from Lucho Poletti called “Novus Moneta Seclorum,” which is Latin for “New Currency for the Ages.” I was mesmerized by the Art Deco-inspired piece “Citadel Paradiso.” In what appears to be a stylized painting of a 1920s-era cinema, a well-heeled couple enters BTC Theater to watch the film “Better Money for All Mankind.” This is just the static image. When you point your phone at the painting and use an app called Artivive, suddenly the theater springs to life. Cars from the 1920s zoom into the frame, and as the theater’s curtains dramatically move to the side, dollar bills come flying towards your face. It’s cool. The only problem with the tech is that once you get used to this augmented reality artwork, you then expect it elsewhere and you start holding your phone up to non-AR paintings, which are just regular paintings, and you feel like an old man who’s asking a printer to send his email. Some of the tech is less successful. Next to one drawing is a handwritten note saying, “Scan NFC Tag,” which requires you to first download an app called NFC Reader. Along with a few other baffled art viewers, I downloaded the app, scanned the code and nothing happened. We clicked and clicked and kept staring at a black screen. “I don’t want to do 18 steps to see the art,” said the woman next to me, and turned away in frustration. The future of art might enthrall, but the future still has some work to do. The Crypto mayor It’s tough to overstate the role of art in Miami’s crypto scene. For obvious pandemic-related reasons, in December 2020 the flagship Art Basel was canceled. Crypto filled the void. “We decided that in lieu of Art Basel we’d have a ‘BitBasel,’” says Scott Spiegel, Miami community lead of the Florida Blockchain Business Association, and a co-founder of BitBasel. “And this was before NFTs really went vertical and mainstream.” You could even argue that BitBasel helped fuel the NFT craze. BitBasel’s inaugural event, held in early December, included heavy hitters in the space including Devin Finzer from OpenSea, Alexander Salnikov from Rarible and Roham Gharegozlou from Dapper Labs (developer of NBA Top Shot). “Then we just continued the meet-ups, educating artists here locally,” says Spiegel. The focus is on helping artists monetize their work. Take Wynwood, the bright, color-splattered, artsy neighborhood that’s lined with bold graffiti. Artists often do this work for free. “We’re working with local graffiti artists in Wynwood to tokenize those walls, whether we slap a QR code on the wall or add an augmented VR or AR element,” says Spiegel. They’re working with local schools in Miami to integrate VR into art classes. And they’re tokenizing a giant, 120 foot graffiti mural, “Bitcoin in Miami,” that will be featured at Bitcoin 2021. The crypto community has flocked to Florida despite its current regulatory framework, not because of it. The locals say they’ve been doing this kind of stuff for years. “A lot of [crypto] stuff happens in Florida, it has just never been publicized before,” says Sam Armes, director and president of the Florida Blockchain Business Association. He attributes part of Florida’s crypto boom to the “network effect” in the sense that there was already a quietly humming core community, and this has enticed others to join. Now the media is playing catchup. After all, as Armes proudly reminds me, Florida is where Laszlo Hanyecz spent 10,000 BTC on two Papa Johns pizzas, for what is widely acknowledged as the first real-world transaction in bitcoin – or over $400 million in today’s prices. Many claim Miami as the birthplace of Ethereum . And Armes adds, only partly joking, “For all we know, Satoshi could have been a Floridian.” As for Miami’s “crypto-friendly regulations,” this is a bit more nuanced and misunderstood by many. Armes is working with the mayor’s office to push a crypto-friendly piece of legislation to fix what he calls the “Espinoza Problem,” most famously summed up in a 2019 CoinDesk column, “ Bitcoin Has a Florida Problem ,” by Justin S. Wales, where the state defined peer-to-peer bitcoin transactions as money transmissions. “It makes zero sense,” says Armes, adding that the crypto community has flocked to Florida despite its current regulatory framework, not because of it. He says it’s an exaggeration to put Florida’s crypto laws in the same league as Wyoming’s. “But no one really wants to live in Wyoming,” says Armes, laughing a bit. He describes Florida’s regulatory environment as not the best, not terrible but just “middle of the pack.” What Miami lacks in crypto laws it makes up for in its crypto-touting mayor. Some trace Miami’s recent tech boom to Dec. 4, 2020, when a Silicon Valley venture capitalist named Delian Asparouhov joked on Twitter, “ok guys hear me out, what if we move silicon valley to miami?” Mayor Suare... - Reddit Posts (Sample): [['u/ggoosen', 'I was so pumped about Nexo.... and then this happened.', 108, '2021-05-28 00:33', 'https://www.reddit.com/r/Nexo/comments/nmjhog/i_was_so_pumped_about_nexo_and_then_this_happened/', 'When I found this project last year I was over the moon. The idea of being able to be part of a community and part of a platform that rewards dividends was very appealing.\n\nI then found out that there is insurance and security for the holdings, and I was sold on the idea.\n\nBought into nexo big time. And started shilling to everyone I know and started moving my weekly DCA BTC and ETH into Nexo.\n\nI had an issue where a BTC transaction took over 1 week to go through due to fees on the BTC network. Once it finally went through, it did not show up in the nexo platform.\n\nThat’s where the fun started. Well, it has been almost 2 months now, and Nexo has not been able to resolve this. I got one response back through the 4-5 support tickets I raised saying that the "tech team is looking into it".\n\nI double validated that my account details are right and the trx went through (all good).\n\nI am deeply concerned about NEXO\'s ability to provide support. In this instance the value that i sent was significant but I have had even larger transfers in the past. How is this even possible? Money just disappearing into a black hole. What is nexo going to do about being able to provide support?', 'https://www.reddit.com/r/Nexo/comments/nmjhog/i_was_so_pumped_about_nexo_and_then_this_happened/', 'nmjhog', [['u/MaxGenimus', 41, '2021-05-28 00:35', 'https://www.reddit.com/r/Nexo/comments/nmjhog/i_was_so_pumped_about_nexo_and_then_this_happened/gzoxcf7/', "I'm pretty much at the point I'm going to boycott every single one of these multi-million dollar companies that doesn't have a fucking phone number and a call center", 'nmjhog'], ['u/SSquarepantsii', 26, '2021-05-28 00:50', 'https://www.reddit.com/r/Nexo/comments/nmjhog/i_was_so_pumped_about_nexo_and_then_this_happened/gzoz9bq/', 'I haven’t had an experience with Nexo other than flawless so far, but this is a sentiment that I agree with. \n\nOr, if you only have electronic support, it had better be world fucking class.', 'nmjhog'], ['u/all_crypto', 25, '2021-05-28 01:02', 'https://www.reddit.com/r/Nexo/comments/nmjhog/i_was_so_pumped_about_nexo_and_then_this_happened/gzp0lf4/', "Unfortunately its common in every board I'm on. Cel, cro and binance all have these issues. Ive never had a problem but it is concerning for sure. Hope you get it resolved, i always upvote these in hopes the platform will react and fix.", 'nmjhog'], ['u/WinterStress867', 10, '2021-05-28 01:43', 'https://www.reddit.com/r/Nexo/comments/nmjhog/i_was_so_pumped_about_nexo_and_then_this_happened/gzp5fq5/', "Tx = transaction\n\nTRX = Tron, and yes it's one of the few coins available on Nexo.", 'nmjhog'], ['u/kurokojin77', 13, '2021-05-28 02:59', 'https://www.reddit.com/r/Nexo/comments/nmjhog/i_was_so_pumped_about_nexo_and_then_this_happened/gzpe7u9/', "I'm not Nexo. I'm a customer like the rest of you.\n\nThat's a pretty naive statement. \n\nFirst.Exponential customer growth is hard for any platform. Let alone one that deals with tech, finances, crypto, banking, and international laws.\n\nSecond. Training technical staff for a support job in the above is long and difficult. Let alone hiring the right people. \n\nI'm okay with them having so much new traction they're having temporary difficulties keeping up. I don't want them to stop taking on new clients as that strengthens my investment. I want them to take the time to hire and support the right people.", 'nmjhog']]], ['u/TwerkMasterFlex', 'Why is r/Cryptocurrency so dumb when it comes to Flexa?', 24, '2021-05-28 00:42', 'https://www.reddit.com/r/AMPToken/comments/nmjnyf/why_is_rcryptocurrency_so_dumb_when_it_comes_to/', 'Every Flexa related post on r/Cryptocurrency is riddled with people completely dismissing what Flexa does as a gimmick or has no potential. They literally refuse to do any DD besides shouting about BTC ETH and Cardano 🤦\u200d♂️ okay rant over', 'https://www.reddit.com/r/AMPToken/comments/nmjnyf/why_is_rcryptocurrency_so_dumb_when_it_comes_to/', 'nmjnyf', [['u/wooper363', 29, '2021-05-28 00:52', 'https://www.reddit.com/r/AMPToken/comments/nmjnyf/why_is_rcryptocurrency_so_dumb_when_it_comes_to/gzozhdr/', 'I wouldn’t worry about it cause most people on Reddit don’t know what they are talking about. One day they’ll be buying things using flexa and not even realize it and will have missed out so their loss for being ignorant', 'nmjnyf']]], ['u/Current-Assignment7', '🚀NEW ELON MUSK COIN JUST LAUNCHED!! SPIDERMUSK 😱😱 DEV DOXXED!!!', 45, '2021-05-28 01:18', 'https://www.reddit.com/r/shitcoinmoonshots/comments/nmkcia/new_elon_musk_coin_just_launched_spidermusk_dev/', '🚨 LADIES AND GENTLEMEN 🚨\n... We Are Presenting ...\n\n🕷 SPIDERMUSK 🕷\n\n\nTG: https://t.me/SpiderMusk\n\n🔴🔴🔵🔵🔴🔴🔵🔵\n\nA Marvel Studios Inspired Token ⚡️\n\n\nStarring: ELON MUSK ❗️\nElon Musk is the current Crypto Leader. For weeks now, Spidermusk has not been too supportive of Bitcoin, regularly bashing it on Twitter, forcing massive Dumps of the Bitcoin Price. 😱\n\nBut now, there is a need in crypto world of him to turn back into his true colors and help the people who once looked up to him. ⭐️\n\nHe listened. Thought about it. \nAnd so... he did❗️\n\nSpiderMusk Is Back In Town! 🕷 \nMore Helping, Supportive and Heroic As Ever 🦸\u200d♂️ \n\n🔴🔴🔵🔵🔴🔴🔵🔵\n\nSAFETY 🔒\n\nLiquidity will be burned 🔥 \nOwnership renounced 📝 \nVerified Contract ✅\n\nTG: https://t.me/SpiderMusk\nWebsite: spidermusk.com\nTwitch: twitch.tv/spider_musk\nTwitter: twitter.com/MuskSpider', 'https://www.reddit.com/r/shitcoinmoonshots/comments/nmkcia/new_elon_musk_coin_just_launched_spidermusk_dev/', 'nmkcia', [['u/Public-Peak1227', 10, '2021-05-28 01:20', 'https://www.reddit.com/r/shitcoinmoonshots/comments/nmkcia/new_elon_musk_coin_just_launched_spidermusk_dev/gzp2quc/', 'Best Coin ever 🚀🚀', 'nmkcia']]], ['u/InternationalDeer9', 'My brother’s lost Bitcoins', 16, '2021-05-28 01:39', 'https://www.reddit.com/r/CryptoCurrency/comments/nmkqbn/my_brothers_lost_bitcoins/', 'Hi everyone. \n\nLooking for some advice / opinions.. \n\nMy brother took his own life around 6-7 years ago, and left behind his old laptop. He was very much into crypto and I can imagine he probably has upwards of 5-10+ bitcoins on there. \n\nI have some questions:\n\n1. Do you think it’s morally wrong if I try to get access to his laptop? \n\n2. I believe his laptop is encrypted with Truecrypt (whole drive), would there some way for me to get access if I wanted to?', 'https://www.reddit.com/r/CryptoCurrency/comments/nmkqbn/my_brothers_lost_bitcoins/', 'nmkqbn', [['u/Accomplished_Deer_10', 68, '2021-05-28 01:40', 'https://www.reddit.com/r/CryptoCurrency/comments/nmkqbn/my_brothers_lost_bitcoins/gzp520r/', 'Morally wrong? Nah he’d want you to have it', 'nmkqbn'], ['u/Brt232', 14, '2021-05-28 02:10', 'https://www.reddit.com/r/CryptoCurrency/comments/nmkqbn/my_brothers_lost_bitcoins/gzp8j6j/', 'Search for a person or company that is publically verifiable, meet them in person, and draw up a contract if necessary. Do not accept help from anyone anonymously offering help on Reddit or elsewhere on the internet.', 'nmkqbn']]], ['u/InternationalDeer9', 'My brother’s lost Bitcoins', 36, '2021-05-28 01:40', 'https://www.reddit.com/r/Bitcoin/comments/nmkqs5/my_brothers_lost_bitcoins/', 'Hi everyone. \n\nLooking for some advice / opinions.. \n\nMy brother took his own life around 6-7 years ago, and left behind his old laptop. He was very much into crypto and I can imagine he probably has upwards of 5-10+ bitcoins on there. \n\nI have some questions:\n\n1. Do you think it’s morally wrong if I try to get access to his laptop? \n\n2. I believe his laptop is encrypted with Truecrypt (whole drive), would there some way for me to get access if I wanted to?', 'https://www.reddit.com/r/Bitcoin/comments/nmkqs5/my_brothers_lost_bitcoins/', 'nmkqs5', [['u/bald11x', 92, '2021-05-28 01:42', 'https://www.reddit.com/r/Bitcoin/comments/nmkqs5/my_brothers_lost_bitcoins/gzp5dja/', 'Im sure your brother wants you and your family to get those bitcoins.', 'nmkqs5'], ['u/taquitaqui', 30, '2021-05-28 01:45', 'https://www.reddit.com/r/Bitcoin/comments/nmkqs5/my_brothers_lost_bitcoins/gzp5muy/', 'Only search for the bitcoins though. No snooping anything else!', 'nmkqs5'], ['u/cryptoking87', 18, '2021-05-28 01:45', 'https://www.reddit.com/r/Bitcoin/comments/nmkqs5/my_brothers_lost_bitcoins/gzp5mzi/', 'Not sure how it would be morally wrong. It will benefit no one by remaining on his laptop.', 'nmkqs5'], ['u/humdizzle', 35, '2021-05-28 01:46', 'https://www.reddit.com/r/Bitcoin/comments/nmkqs5/my_brothers_lost_bitcoins/gzp5u3x/', 'unless your brother hated you i think its fine. better for that money to at least bring someone or some people joy rather than just sit and do nothing.', 'nmkqs5'], ['u/llewsor', 18, '2021-05-28 02:00', 'https://www.reddit.com/r/Bitcoin/comments/nmkqs5/my_brothers_lost_bitcoins/gzp7hh3/', 'reach out to dave’s wallet recovery, he takes a fee but he’s helped hundreds of people: \n\nhttps://www.walletrecoveryservices.com/', 'nmkqs5'], ['u/InternationalDeer9', 11, '2021-05-28 02:02', 'https://www.reddit.com/r/Bitcoin/comments/nmkqs5/my_brothers_lost_bitcoins/gzp7p9b/', 'Thank you, this is very helpful. Will definitely get in contact and see if they can help', 'nmkqs5'], ['u/NoBallinOnSundays', 41, '2021-05-28 02:06', 'https://www.reddit.com/r/Bitcoin/comments/nmkqs5/my_brothers_lost_bitcoins/gzp837p/', "Do your research and make sure it's not a scam!", 'nmkqs5'], ['u/SatOnMyBalls_', 27, '2021-05-28 04:08', 'https://www.reddit.com/r/Bitcoin/comments/nmkqs5/my_brothers_lost_bitcoins/gzplzdm/', "Can confirm. I've told my families plenty of times how they could recover my Bitcoin should something ever happen to me", 'nmkqs5'], ['u/IndianaGeoff', 12, '2021-05-28 04:10', 'https... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
34616.07, 35678.13, 37332.86, 36684.93, 37575.18, 39208.77, 36894.41, 35551.96, 35862.38, 33560.71
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['Bitcoin, BTC to USD, slid by 7.46% on Friday. Following a 1.95% decline on Thursday, Bitcoin ended the day at $35,661.0.\nA mixed start to the day saw Bitcoin rise to an early morning intraday high $38,889.0 before hitting reverse.\nFalling short of the first major resistance level at $40,284, Bitcoin slid to a late intraday low $34,721.0.\nThe extended sell-off saw Bitcoin fall through the first major support level at $37,005 and the second major support level at $35,474.\nFinding late support, Bitcoin broke back through the second major support level to end the day at $35,600 levels.\nThe near-term bullish trend remained intact in spite of the recent slide back to sub-$30,000 levels. For the bears, Bitcoin would need a sustained fall through the 62% FIB of $27,237 to form a near-term bearish trend.\nAcross the rest of the majors, it was a bearish day on Friday.\nBinance Coin(-11.03%),Ethereum(-12.07%),Chainlink(-12.05%), andCrypto.com Coin(-11.23%) led the way down.\nBitcoin Cash SV(-9.76%),Cardano’s ADA(-8.61%),Litecoin(-8.75%), andRipple’s XRP(-7.71%) also struggled.\nPolkadot saw a more modest 3.86% loss on the day.\nIn the current week, the crypto total market fell to a Monday low $1,369bn before rising to a Wednesday high $1,787bn. At the time of writing, the total market cap stood at $1,543bn.\nBitcoin’s dominance rose to a Monday high 47.06% before falling to a Thursday low 42.67%. At the time of writing, Bitcoin’s dominance stood at 43.63%.\nAt the time of writing, Bitcoin was up by 0.84% to $35,961.7. A mixed start to the day saw Bitcoin fall to an early morning low $35,649.8 before rising to a high $36,075.0.\nBitcoin left the major support and resistance levels untested early on.\nElsewhere, it was also a mixed start to the day.\nCrypto.com Coin was down by 3.37% to buck the trend early on.\nIt was a bullish start for the rest of the majors, however.\nAt the time of writing, Bitcoin Cash SV was up by 5.63% to lead the way.\nBitcoin would need to move through the pivot level at $36,424 to bring the first major resistance level at $38,126 into play.\nSupport from the broader market would be needed for Bitcoin to break back through to $38,000 levels.\nBarring a broad-based crypto rally, the first major resistance level and Friday’s high $38,889.0 would likely cap any upside.\nIn the event of an extended crypto rally, Bitcoin could test resistance at $40,000 levels. The second major resistance level sits at $40,592.\nFailure to move through the pivot at $36,424 would bring the first major support level at $33,958 into play.\nBarring another extended sell-off on the day, Bitcoin should steer clear of sub-$30,000 levels. The second major support level at $32,256 should limit the downside.\nThisarticlewas originally posted on FX Empire\n• E-mini NASDAQ-100 Index (NQ) Futures Technical Analysis – Trading on Strong Side of Retracement Zone Support\n• European Equities: A Week in Review – 28/05/21\n• Gold Weekly Price Forecast – Gold Markets Struggle with 1900$\n• Natural Gas Price Forecast – Natural Gas Markets Rally to End The Week\n• Silver Weekly Price Forecast – Silver Continues to Struggle With Break Out\n• Crude Oil Weekly Price Forecast – Crude Oil Markets Threatening Breakout', 'Bitcoin , BTC to USD, slid by 7.46% on Friday. Following a 1.95% decline on Thursday, Bitcoin ended the day at $35,661.0. A mixed start to the day saw Bitcoin rise to an early morning intraday high $38,889.0 before hitting reverse. Falling short of the first major resistance level at $40,284, Bitcoin slid to a late intraday low $34,721.0. The extended sell-off saw Bitcoin fall through the first major support level at $37,005 and the second major support level at $35,474. Finding late support, Bitcoin broke back through the second major support level to end the day at $35,600 levels. The near-term bullish trend remained intact in spite of the recent slide back to sub-$30,000 levels. For the bears, Bitcoin would need a sustained fall through the 62% FIB of $27,237 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was a bearish day on Friday. Binance Coin (-11.03%), Ethereum (-12.07%), Chainlink (-12.05%), and Crypto.com Coin (-11.23%) led the way down. Bitcoin Cash SV (-9.76%), Cardano’s ADA (-8.61%), Litecoin (-8.75%), and Ripple’s XRP (-7.71%) also struggled. Polkadot saw a more modest 3.86% loss on the day. In the current week, the crypto total market fell to a Monday low $1,369bn before rising to a Wednesday high $1,787bn. At the time of writing, the total market cap stood at $1,543bn. Bitcoin’s dominance rose to a Monday high 47.06% before falling to a Thursday low 42.67%. At the time of writing, Bitcoin’s dominance stood at 43.63%. This Morning At the time of writing, Bitcoin was up by 0.84% to $35,961.7. A mixed start to the day saw Bitcoin fall to an early morning low $35,649.8 before rising to a high $36,075.0. Bitcoin left the major support and resistance levels untested early on. Elsewhere, it was also a mixed start to the day. Crypto.com Coin was down by 3.37% to buck the trend early on. It was a bullish start for the rest of the majors, however. At the time of writing, Bitcoin Cash SV was up by 5.63% to lead the way. Story continues For the Bitcoin Day Ahead Bitcoin would need to move through the pivot level at $36,424 to bring the first major resistance level at $38,126 into play. Support from the broader market would be needed for Bitcoin to break back through to $38,000 levels. Barring a broad-based crypto rally, the first major resistance level and Friday’s high $38,889.0 would likely cap any upside. In the event of an extended crypto rally, Bitcoin could test resistance at $40,000 levels. The second major resistance level sits at $40,592. Failure to move through the pivot at $36,424 would bring the first major support level at $33,958 into play. Barring another extended sell-off on the day, Bitcoin should steer clear of sub-$30,000 levels. The second major support level at $32,256 should limit the downside. This article was originally posted on FX Empire More From FXEMPIRE: E-mini NASDAQ-100 Index (NQ) Futures Technical Analysis – Trading on Strong Side of Retracement Zone Support European Equities: A Week in Review – 28/05/21 Gold Weekly Price Forecast – Gold Markets Struggle with 1900$ Natural Gas Price Forecast – Natural Gas Markets Rally to End The Week Silver Weekly Price Forecast – Silver Continues to Struggle With Break Out Crude Oil Weekly Price Forecast – Crude Oil Markets Threatening Breakout', 'NEW YORK, NY / ACCESSWIRE / May 28, 2021 / Cryptocurrencies typically fall into one of two categories. On one hand, you have Serious currencies with a capital "S," such as Bitcoin, which is meant to change the way the world economy operates. On the other hand, you have memecoins, playful currencies that hope to attract investors through marketing hype - like Dogecoin. One appeals to seasoned investors who are well-versed in trading traditional stocks, while the other lures in buyers who live their lives online in Reddit, Twitter, and 4Chan. Is it possible to bridge the gap, to simultaneously appeal to both memecoin investors and Serious investors? Or would an attempt at broad appeal leave a bad taste in the mouths of prospective investors from both sides of the cryptocurrency ecosystem? A new token on the Binance Smart Chain (BSC) called SAFERmoon hopes to answer this question. SAFERmoon, which was founded by a group of cryptocurrency technology enthusiasts in April 2021, has a serious goal: to offer a secure platform for future tokens on BSC. "If every investor on BSC is warned ten times a day to beware of scams, then there\'s a problem," said SAFERmoon\'s lead developer, who is choosing to remain anonymous out of concerns for their personal safety. "Any token launched through our future SAFERLaunch platform will not be exploitable, at least not from a programming perspective." The SAFERmoon team may have their ducks in a row when it comes to security, but the mature tone is often interrupted by levity more suited to memecoins. Visit the SAFERmoon Telegram group, and you\'ll be bombarded with an astonishing mixture of serious discussions about the future of cryptocurrency, as well as animated gifs depicting babies dancing atop rocket ships that are headed for the moon. It\'s an odd mixture, but it\'s seemed to work well for them so far. The real test is ahead. With weeks of dedicated work remaining until their SAFERLaunch platform is ready, the team is relying upon marketing stunts to grow their investor base. "Stunt" is too small of a word, really, to properly relay the magnitude of their marketing ambition. SAFERmoon\'s owners hope to create a spectacle, the kind of attraction that will draw eyes and ears from around the world. Story continues In a move not yet seen in the cryptocurrency space, SAFERmoon is sending one of their investors to outer space, literally. Anyone in the cryptosphere for more than a few minutes hears talk of "web lambo" and "wen moon?" And the answer appears to be "in the next six weeks." A six week giveaway schedule, with prizes that include everything from a personalized shoutout from Mr Wonderful Kevin O\'Leary for week 1, to a Lamborghini for week 5, culminates in the purchase of a ticket for one to join a future Virgin Galactic spaceflight - the grand prize for week 6. As someone who grew up watching every shuttle launch, this sentence sends chills down my spine. Just the fact that civilian spaceflight is possible speaks volumes about human ingenuity. "I was, frankly, stunned when our marketing team raised the idea of sending someone to space," said one of SAFERmoon\'s owners. "Then ten seconds passed, and I knew it was the right move. Our developers have already released features that don\'t exist anywhere else in BSC, and I intend to support them by increasing the investor base for future product launches." Given cryptocurrency\'s **Last 60 Days of Bitcoin's Closing Prices:** [58917.69, 58918.83, 59095.81, 59384.31, 57603.89, 58758.55, 59057.88, 58192.36, 56048.94, 58323.95, 58245.00, 59793.23, 60204.96, 59893.45, 63503.46, 63109.70, 63314.01, 61572.79, 60683.82, 56216.18, 55724.27, 56473.03, 53906.09, 51762.27, 51093.65, 50050.87, 49004.25, 54021.75, 55033.12, 54824.70, 53555.11, 57750.18, 57828.05, 56631.08, 57200.29, 53333.54, 57424.01, 56396.52, 57356.40, 58803.78, 58232.32, 55859.80, 56704.57, 49150.54, 49716.19, 49880.54, 46760.19, 46456.06, 43537.51, 42909.40, 37002.44, 40782.74, 37304.69, 37536.63, 34770.58, 38705.98, 38402.22, 39294.20, 38436.97, 35697.61] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2021-05-29 **Financial & Commodity Data:** - Gold Closing Price: $1902.50 - Crude Oil Closing Price: $66.32 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $690,932,025,631 - Hash Rate: 144427847.55987102 - Transaction Count: 198332.0 - Unique Addresses: 537305.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.18 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Toronto, Ontario--(Newsfile Corp. - April 1, 2021) - Bluesky Digital Assets Corp., (CSE: BTC), (CSE: BTC.PR.A), (OTC Pink: BTCWF), ("Bluesky" or the "Corporation") released today an unaudited snapshot of its Q1 2021 incoming gross revenue performance. In total, the Corporation's Q1 2021 incoming gross revenue total from its active digital crypto mining operations amounted to $739,435 CDN in the quarter. The gross revenue total of $739,435 CDN is comprised from the sale of $445,415 CDN worth of crypto mining assets and the implied value of unsold crypto mining assets currently held in the Corporation's digital exchange house. As at March 31, 2021, the implied and combined value of digital mining assets held in the Corporation's digital exchange house amounted to $294,020 CDN. Operational costs to mine the crypto assets amounted to approximately $165,000 CDN and therefore the gross margin achieved for the Corporation's digital crypto mining operations for Q1 amounted to 78%. The operational costs that are stated in this press release are for the Corporation's digital crypto mining operations only, and do not include the Corporation's other corporate operating costs which include legal, auditing, transfer agent, marketing, IR, general administrative, consulting and management fees. The Corporation will release its full Q1 2021 results via its unaudited interim financial statements on May 31, 2021. The gross revenue respective totals from the Corporation's active digital assets mining operations for Q1 2021 represented significant and material increases, with an increase of 628% over Q1 2020's gross revenue total, and it also represented an increase of 238% over the Corporation's Q4 2020 gross revenue total. Substantial increases to revenue for Q1 can be quickly recognized with the Corporation's Q1 2021 gross revenue totals from its active mining operations amounting to an increase of 5% of what the Corporation successfully mined in all of fiscal 2020 as the Corporation's total gross revenue from its active mining operations amounted to $702,504.00 CDN in fiscal 2020. Thus far in fiscal 2021, the Corporation's monthly incoming gross revenue average from its digital crypto mining operations amounted to $246,478 CDN per month vs. the monthly average $58,542 CDN per month achieved in fiscal 2020. The monthly average achieved thus far in fiscal 2021 represents a dramatic increase of 321% vs. the fiscal 2020 monthly average. The Corporation has now successfully increased its incoming gross revenue totals from its active digital crypto mining operations for five consecutive quarters and it has successfully increased its incoming gross revenue totals from its active digital crypto mining operations in seven out of the eight last quarters with Q4 of 2019 being the only exception. Story continues On March 19, the Corporation realized a significant gain as it exited a portion of its legacy business segment for the amount of $319,149 CDN. The initial investment in this legacy business segment amounted to $50,000 CDN and therefore the Corporation grossed $269,149 CDN from the exit. With the proceeds from the legacy business exit and combined with the revenue from the Corporation's active digital crypto mining operations, the Corporation brought in a combined $1,008,584 CDN in gross revenues for the quarter which represents an all-time high and a corporate record for a quarterly result. The Corporation will release its full fiscal 2020 results via its 2020 audited financial statements on April 30, 2021, and as previously stated in this press release, the Corporation will release its full Q1 2021 results via its unaudited interim financial statements on May 31, 2021. The Corporation anticipates a significant increase to its gross revenue totals in Q2 2021 vs. its Q1 2021 total as the Corporation is still in the process of receiving and putting into production its Pandaminer order which consists of $915,000 CDN worth of GPU mining rigs. Once these GPU mining rigs are installed and put into full operation, the GPU mining rigs will significantly expand the Corporation's current and active digital mining capabilities. It is anticipated that once this equipment is put online it will increase the Corporation's overall generic hashing power by 54,000 Mh/s, this reported estimated value is before any customizations and or optimizations. The Pandaminer order was previously announced via press release on February 8, 2021 and at the time of this report, as an update, is targeted to be in full production within the next 30-60 days. The Corporation is also still in the process of receiving and installing its recently announced order of $1,273,000 CDN worth of high hash rate ASIC mining machines, which once received and put into full production will significantly expand the Corporation's current and active digital mining capabilities with an anticipated Bitcoin asset focus. It is also anticipated that once this equipment is put online it will increase the Corporation's overall generic hashing power by 19,000 Th/s this reported estimated value is before any customizations and or optimizations. The ASIC order was previously announced via press release on March 9, 2021 Furthermore, the Corporation has not yet achieved a full quarter of revenue from the $500,000 CDN worth of mixed mining hardware technology which consisted of GPU and ASIC equipment and of which the Corporation put online and into full production in late February of this year. At the time of activation this equipment increased the Corporation's overall generic hashing power by approximately 30,000 Mh/s. The Corporation implemented and undertook a significant expansion program in Q1. In total, the Corporation has acquired $2,688,000 CDN worth of ASIC and GPU Mining equipment of which $500,000 CDN of the $2,688,000 CDN in equipment is online. With all schedules tracking to plan, the majority of the remaining $2,188,000 CDN worth of equipment is targeted to be put online in the next 30-60 days. With all plans remaining on track and with a continued positive trend in the crypto overall market holding or increasing, the Corporation anticipates that the Q2 gross revenue totals from the Corporation's active mining operations may in all likelihood supersede Q1 total. The Corporation is in active negotiations to acquire additional mining assets and the Corporation anticipates that it will continue its plans of expansion into Q2 and moving forward. Mr. Ben Gelfand, Bluesky CEO stated: "We have continued to demonstrate our abilities to deliver on our commitments to our shareholders and investors by following through on our business plans and objectives. This latest snapshot for our Q1 results clearly represents a tremendous improvement in our numbers and profitability, keeping this a continuing positive trend is a primary goal." About Bluesky Digital Assets Corp. Bluesky Digital Assets Corp, is building a high value digital currency enterprise. Bluesky mines digital currencies, such as Bitcoin and Ether, and is developing value-added technology services for the digital currency market, such as digital mining proprietary software. Offering a complete ecosystem of value-creation, Bluesky is targeting reinvesting appropriate portions of its digital currency mining profits back into its operations. A percentage of the profit will be invested in the development of a proprietary Artificial Intelligence ("AI") based technology. Overall, Bluesky takes an approach that enables the Corporation to scale, and respond to changing conditions, within the still-emerging digital currency industry. The Corporation is poised to capture value in successive phases as this industry continues to scale. For more information please visit Bluesky at: https://www.blueskydigitalassets.com For further information please contact: Mr. Ben Gelfand CEO & Director Bluesky Digital Assets Corp. T: (416) 363-3833 E: [email protected] Mr. Frank Kordy Secretary & Director Bluesky Digital Assets Corp. T: (647) 466-4037 E: [email protected] Forward-Looking Statements Information set forth in this news release may involve forward-looking statements under applicable securities laws. The forward- looking statements contained herein are expressly qualified in their entirety by this cautionary statement. The forward-looking statements included in this document are made as of the date of this document and the Corporation disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by applicable securities legislation. Although management believes that the expectations represented in such forward-looking statements are reasonable, there can be no assurance that such expectations will prove to be correct. This news release does not constitute an offer to sell or solicitation of an offer to buy any of the securities described herein and accordingly undue reliance should not be put on such. Neither CSE nor its Regulation Services Provider as that term is defined in the policies of the CSE accepts responsibility for the adequacy or accuracy of this release. We seek safe harbor. - 30 - To view the source version of this press release, please visit https://www.newsfilecorp.com/release/79201 View comments... - Reddit Posts (Sample): [['u/Slayerofgondor', 'If you are asking how to short, you should not be shorting', 69, '2021-05-29 00:02', 'https://www.reddit.com/r/CryptoCurrency/comments/nn8vas/if_you_are_asking_how_to_short_you_should_not_be/', "Quite simply put, if you are asking people here how to currently short the market, you are not prepared or knowledgable enough about shorting.\n\nIt is a massive risk even with knowing what to do, but as someone who know little to nothing you are basically just asking to be liquidated.\n\nIf you are looking to make money in this market, wait till BTC is returning upwards with a solid trend to buy in and benefit in the long run. Don't go chasing big potential gains just because some guy on the internet said they shorted and gained x amount.\n\nEdit: people seem to misunderstand, if you want to ask with the intent of learning im not saying you shouldnt, but if you are asking because you want to make quick $$$ then maybe u should reconsider asking at all.", 'https://www.reddit.com/r/CryptoCurrency/comments/nn8vas/if_you_are_asking_how_to_short_you_should_not_be/', 'nn8vas', [['u/Lobster_Messiah', 15, '2021-05-29 00:06', 'https://www.reddit.com/r/CryptoCurrency/comments/nn8vas/if_you_are_asking_how_to_short_you_should_not_be/gzt5ejd/', 'I wear shorts when it’s hot outside, am I doing it right?', 'nn8vas'], ['u/Spear-of-Stars', 23, '2021-05-29 00:08', 'https://www.reddit.com/r/CryptoCurrency/comments/nn8vas/if_you_are_asking_how_to_short_you_should_not_be/gzt5pbb/', "I sold my free Coinbase CELO at 6.98 and put it into BTC when it was under 35k. That's my big power play for the year.", 'nn8vas'], ['u/Diamondphalanges756', 10, '2021-05-29 00:10', 'https://www.reddit.com/r/CryptoCurrency/comments/nn8vas/if_you_are_asking_how_to_short_you_should_not_be/gzt5wgx/', "How are people ever going to gain the knowledge then if they don't ask questions? Who is to say they're going to jump right in just because someone answered a question they asked? I'm interested in learning more about it, but I'm totally clueless so I gathered info here and there, then when I'm sure I'm ready I will dive on in. Not all of us are stupid because we are new. I don't need anyone to protect me from myself.", 'nn8vas'], ['u/bucheon21', 15, '2021-05-29 01:02', 'https://www.reddit.com/r/CryptoCurrency/comments/nn8vas/if_you_are_asking_how_to_short_you_should_not_be/gztbonm/', 'Big shorts??! They’re just pants bro!', 'nn8vas']]], ['u/Bitbuyer313', "PSA, if you're clicking on and sharing bitcoin fud articles, you're part of the problem.", 415, '2021-05-29 00:07', 'https://www.reddit.com/r/Bitcoin/comments/nn8yhz/psa_if_youre_clicking_on_and_sharing_bitcoin_fud/', 'Literally, the only reasons hack "journalists" keep writing fud articles is because of the click traffic their shitty reporting receives. Stopping this trend is even easier than voting with your wallet, simply stop clicking on bunk, fud articles.\n\n\n\n\nEdit. This post is not directed at bitcoin price as a few people have misinterpreted it of being, I don\'t think fud affects bitcoins price as much as people think it does as every bull run in the past has always been riddled with fud much worse than this, bitcoin is doing exactly what it always does and is having a mid bull run shake out. To clarify, I\'m tired of the internet being flooded with click bait articles and poorly researched articles for the sake of browser traffic.', 'https://www.reddit.com/r/Bitcoin/comments/nn8yhz/psa_if_youre_clicking_on_and_sharing_bitcoin_fud/', 'nn8yhz', [['u/Positive-Award-1598', 30, '2021-05-29 00:08', 'https://www.reddit.com/r/Bitcoin/comments/nn8yhz/psa_if_youre_clicking_on_and_sharing_bitcoin_fud/gzt5ozf/', 'Everyone knows the price of everything and the value of nothing', 'nn8yhz'], ['u/irresponsible_owl', 10, '2021-05-29 00:24', 'https://www.reddit.com/r/Bitcoin/comments/nn8yhz/psa_if_youre_clicking_on_and_sharing_bitcoin_fud/gzt7hss/', "How do you know it's FUD if you don't read it?\n\nNot every article with a negative headline about Bitcoin is FUD. There are certain aspects of it that can be criticized. Sticking your head in the sand and pretending they don't exist isn't helpful either.", 'nn8yhz'], ['u/satoriiis', 31, '2021-05-29 00:39', 'https://www.reddit.com/r/Bitcoin/comments/nn8yhz/psa_if_youre_clicking_on_and_sharing_bitcoin_fud/gzt97mp/', "Not to be a member of the tin hat crowd, but I've been around crypto for a few years now.\n\nSeems like all the FUD news comes in waves at the same time. Like a negative, salty cloud just suddenly appears over Bitcoin for a while.\n\nThis is like the 7th+ time I've seen this happen.\n\nI'm starting to wonder if it's orchestrated...", 'nn8yhz'], ['u/thetendymahn', 15, '2021-05-29 01:16', 'https://www.reddit.com/r/Bitcoin/comments/nn8yhz/psa_if_youre_clicking_on_and_sharing_bitcoin_fud/gztd6ua/', 'Man who cares? Let people do what they want to do. The "problem" will work itself out on its own. BTC will succeed on its own merits - FUD or not.', 'nn8yhz'], ['u/thunderlips_1', 34, '2021-05-29 02:27', 'https://www.reddit.com/r/Bitcoin/comments/nn8yhz/psa_if_youre_clicking_on_and_sharing_bitcoin_fud/gztkr27/', "Don't ignore the FUD, there may be some truth to it. Examine EVERYTHING you read closely and use facts, your common sense and better judgement to discover the truth (or atleast what you think is truthful, sometimes it's hard to know for sure). Doubt both sides of the extreme, the truth usually lies somewhere in the middle. Don't let your emotions get the best of you. Bitcoin doesn't care how you feel.", 'nn8yhz']]], ['u/dellemonade', 'How can Nano be used as a payment/currency if there is a fixed supply?', 17, '2021-05-29 00:26', 'https://www.reddit.com/r/nanocurrency/comments/nn9csh/how_can_nano_be_used_as_a_paymentcurrency_if/', "I see this argument come up from time to time and had some of the same thoughts myself early on. Besides the arguments of spend and replace and that Nano can be a better digital gold than Bitcoin that can be sent much faster and fee-less, there is still a bit more I would like to respond to this:\n\nDiscussions on this topic often lead to Keynesian vs Austrian economics, pros and cons of inflationary monetary policy, etc. which I think are not imperative. There are definitely strong arguments for Nano's viability with these debates, but the point I want to make is that it doesn't have to be such an all or nothing argument...Nano doesn't have to replace all Fiat currencies and all other cryptos, **it can just be an option. What is wrong with giving people a choice?** \n\nEveryone can choose for themselves whether they would rather pay or save in fiat/another method or whether we want to pay or save in Nano. If I am a seller, I can choose for myself whether I wish to be paid in fiat or Nano or another crypto or even gold/silver (although those payment methods aren't really practical). Personally, if Nano is mainstream, I'd prefer to be paid in Nano since I know the value can't be harmed by inflation and it can be sent/received fast and fee-lessly. I think that decision can sway even stronger to Nano's favor as services to convert between currencies when needed trend towards fee-less and become mainstream as well.", 'https://www.reddit.com/r/nanocurrency/comments/nn9csh/how_can_nano_be_used_as_a_paymentcurrency_if/', 'nn9csh', [['u/bananosapien', 15, '2021-05-29 00:55', 'https://www.reddit.com/r/nanocurrency/comments/nn9csh/how_can_nano_be_used_as_a_paymentcurrency_if/gztayc7/', "nano is a black hole. It's the best form of money and will eat all other forms of it.\n\nThis will happen for everyone as spending power increases with deflationary currency, while inflationary currency hyperinflates. This is, arguably, already happening but it should accelerate over a large enough time scale to the point where you cannot buy deflationary currency with inflationary currency.\n\nWhat sucks is those people that aren't paying attention are going to get wrecked.", 'nn9csh'], ['u/Pinilla', 11, '2021-05-29 02:11', 'https://www.reddit.com/r/nanocurrency/comments/nn9csh/how_can_nano_be_used_as_a_paymentcurrency_if/gztj0o6/', 'I don\'t really understand that argument. Everyone right now can just put their money in the stock market to save it and earn interest on it. People still spend, they don\'t invest all their money. I know that invested money is "spent", so it\'s not as detrimental to the economy, but it goes to show that people will not just hold their money forever. They already have that option and don\'t choose to exercise it.', 'nn9csh'], ['u/JusticeLoveMercy', 13, '2021-05-29 07:04', 'https://www.reddit.com/r/nanocurrency/comments/nn9csh/how_can_nano_be_used_as_a_paymentcurrency_if/gzucanz/', 'Inflation is a tax on your savings. Your wealth is simply transfered to those able to inflate.', 'nn9csh']]], ['u/Gr000vy', 'Bitcoin was created by the NWO. They’ve wanted a world currency for centuries', 14, '2021-05-29 00:31', 'https://www.reddit.com/r/conspiracy/comments/nn9glu/bitcoin_was_created_by_the_nwo_theyve_wanted_a/', 'Or they got beat to it. But it’s no coincidence that it came around just after the fin crisis', 'https://www.reddit.com/r/conspiracy/comments/nn9glu/bitcoin_was_created_by_the_nwo_theyve_wanted_a/', 'nn9glu', [['u/Python_Noobling', 15, '2021-05-29 00:42', 'https://www.reddit.com/r/conspiracy/comments/nn9glu/bitcoin_was_created_by_the_nwo_theyve_wanted_a/gzt9jgc/', 'Im a long time bitcoin bull and i agree with your sentiment.\n\nNo idea who created bitcoin or why. Satoshi is who we are told but lets keep an open mind...\n\nIn the end game, i believe bitcoin will help the ultra wealthy more than the average man due to the mechanics behind it, how money works and how little every day folks understand about big money.', 'nn9glu']]], ['u/Palmitic256', 'Shibaswap release timed with the market increase', 48, '2021-05-29 00:35', 'https://www.reddit.com/r/SHIBArmy/comments/nn9j66/shibaswap_release_time... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
35678.13, 37332.86, 36684.93, 37575.18, 39208.77, 36894.41, 35551.96, 35862.38, 33560.71, 33472.63
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['Bitcoin , BTC to USD, fell by 3.05% on Saturday. Following a 7.46% slide from Friday, Bitcoin ended the day at $34,574.0. A bullish start to the day saw Bitcoin rise to a mid-morning intraday high $37,381.0 before hitting reverse. Falling short of the first major resistance level at $38,126, Bitcoin slid to a late afternoon intraday low $33,617.0. The extended sell-off saw Bitcoin fall through the first major support level at $33,958 before briefly revisiting $35,000 levels. A bearish end to the day, however, left Bitcoin at sub-$35,000 levels. The near-term bullish trend remained intact in spite of the recent slide back to sub-$30,000 levels. For the bears, Bitcoin would need a sustained fall through the 62% FIB of $27,237 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was a bearish day on Saturday. Chainlink slid by 8.98% to lead the way down. Binance Coin (-7.27%), Cardano’s ADA (-7.24%), Crypto.com Coin (-6.32%), Ethereum (-5.49%), Litecoin (-7.53%), and Ripple’s XRP (-7.48%) also struggled. Bitcoin Cash SV (-0.14%) and Polkadot (-4.05%) saw relatively modest losses on the day. In the current week, the crypto total market fell to a Monday low $1,369bn before rising to a Wednesday high $1,787bn. At the time of writing, the total market cap stood at $1,444bn. Bitcoin’s dominance rose to a Monday high 47.06% before falling to a Thursday low 42.67%. At the time of writing, Bitcoin’s dominance stood at 44.39%. This Morning At the time of writing, Bitcoin was down by 1.12% to 36,500.0. A mixed start to the day saw Bitcoin rise to an early morning high $37,089.0 before falling to a low $36,485.0. Bitcoin left the major support and resistance levels untested early on. Elsewhere, it was a bearish start to the day. At the time of writing, Chainlink was down by 2.48% to lead the way down. For the Bitcoin Day Ahead Bitcoin would need to move through the pivot level at $35,191 to bring the first major resistance level at $36,764 into play. Story continues Support from the broader market would be needed for Bitcoin to break out from $35,000 levels. Barring a broad-based crypto rally, the first major resistance level and Saturday’s high $37,381.0 would likely cap any upside. In the event of an extended crypto rally, Bitcoin could test resistance at $40,000 levels. The second major resistance level sits at $38,955. Failure to move through the pivot at $35,191 would bring the first major support level at $33,000 into play. Barring another extended sell-off on the day, Bitcoin should steer clear of sub-$30,000 levels. The second major support level at $31,427 should limit the downside. This article was originally posted on FX Empire More From FXEMPIRE: The Crypto Daily – Movers and Shakers – May 30th, 2021 Crude Oil Price Forecast – Crude Oil Continues to Press Top of Triangle The Weekly Wrap – Economic Data and Central Bank Chatter Influenced in the Week E-mini NASDAQ-100 Index (NQ) Futures Technical Analysis – Trading on Strong Side of Retracement Zone Support Gold Weekly Price Forecast – Gold Markets Struggle with 1900$ The Crypto Daily – Movers and Shakers – May 29th, 2021', 'Bitcoin , BTC to USD, fell by 3.05% on Saturday. Following a 7.46% slide from Friday, Bitcoin ended the day at $34,574.0. A bullish start to the day saw Bitcoin rise to a mid-morning intraday high $37,381.0 before hitting reverse. Falling short of the first major resistance level at $38,126, Bitcoin slid to a late afternoon intraday low $33,617.0. The extended sell-off saw Bitcoin fall through the first major support level at $33,958 before briefly revisiting $35,000 levels. A bearish end to the day, however, left Bitcoin at sub-$35,000 levels. The near-term bullish trend remained intact in spite of the recent slide back to sub-$30,000 levels. For the bears, Bitcoin would need a sustained fall through the 62% FIB of $27,237 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was a bearish day on Saturday. Chainlink slid by 8.98% to lead the way down. Binance Coin (-7.27%), Cardano’s ADA (-7.24%), Crypto.com Coin (-6.32%), Ethereum (-5.49%), Litecoin (-7.53%), and Ripple’s XRP (-7.48%) also struggled. Bitcoin Cash SV (-0.14%) and Polkadot (-4.05%) saw relatively modest losses on the day. In the current week, the crypto total market fell to a Monday low $1,369bn before rising to a Wednesday high $1,787bn. At the time of writing, the total market cap stood at $1,444bn. Bitcoin’s dominance rose to a Monday high 47.06% before falling to a Thursday low 42.67%. At the time of writing, Bitcoin’s dominance stood at 44.39%. This Morning At the time of writing, Bitcoin was down by 1.12% to 36,500.0. A mixed start to the day saw Bitcoin rise to an early morning high $37,089.0 before falling to a low $36,485.0. Bitcoin left the major support and resistance levels untested early on. Elsewhere, it was a bearish start to the day. At the time of writing, Chainlink was down by 2.48% to lead the way down. For the Bitcoin Day Ahead Bitcoin would need to move through the pivot level at $35,191 to bring the first major resistance level at $36,764 into play. Story continues Support from the broader market would be needed for Bitcoin to break out from $35,000 levels. Barring a broad-based crypto rally, the first major resistance level and Saturday’s high $37,381.0 would likely cap any upside. In the event of an extended crypto rally, Bitcoin could test resistance at $40,000 levels. The second major resistance level sits at $38,955. Failure to move through the pivot at $35,191 would bring the first major support level at $33,000 into play. Barring another extended sell-off on the day, Bitcoin should steer clear of sub-$30,000 levels. The second major support level at $31,427 should limit the downside. This article was originally posted on FX Empire More From FXEMPIRE: The Crypto Daily – Movers and Shakers – May 30th, 2021 Crude Oil Price Forecast – Crude Oil Continues to Press Top of Triangle The Weekly Wrap – Economic Data and Central Bank Chatter Influenced in the Week E-mini NASDAQ-100 Index (NQ) Futures Technical Analysis – Trading on Strong Side of Retracement Zone Support Gold Weekly Price Forecast – Gold Markets Struggle with 1900$ The Crypto Daily – Movers and Shakers – May 29th, 2021', 'Data collated from the Cambridge Center for Alternative Finance (CCAF),showthe world’s most popular crypto asset presently consumes around 13.37-gigawatt annum— 0.6% of global electricity supply, or roughly equivalent to the annual energy draw of an emerged market countries as Sweden.\nElon Musk, some weeks stunned crypto investors arbitrarily when he unexpectedly announced via Twitter,Teslawas no longer acceptsBitcoinas a means of payment citing environmental concerns.\nBitcoin mining’senergy-intensive process was the major reason behind’s Elon Musk decision as the most popular crypto asset relies on a significant amount of electricity generated from coal known for high carbon prints and toxic gases.\n“We are concerned about rapidly increasing use of fossil fuels for Bitcoin mining and transactions, especially coal, which has the worst emissions of any fuel,” Elon Musk said.\nJust recently the government of Iran recently placed an embargo on the mining of bitcoin as revealed by the country’s president, Hassan Rouhani, partly because of Bitcoin’s energy-intensive process triggering blackouts in a significant number of Iranian hubs.\nMiners on the blockchain often use powerful computing power in solving complex mathematical tasks that effectively facilitate a bitcoin transaction to go through, triggering Bitcoin miners to be rewarded for their efforts with the digital asset.\nThe energy requirement in auditing such bitcoin transactions requires a huge amount of computing power which translates to a huge amount of electricity.\nIranian fiscal officials further revealed most of the energy consumption gotten from Bitcoin mining is largely attributed to illegal miners, or those operating such permits.\nAlthough, Sam Bankman-Fried, the founder of Crypto derivatives exchange FTX recently disclosed that most of the current energy usage will decay away as block rewards go down the rest of the energy usage will scale linearly withBitcoin’s price.\nSam also disclosed that the Ethereum blockchain’s recent upgrade to proof of stake will enable a less energy-intensive system that will likely address some of the climate concerns, Still, a growing number of environmentalists are increasingly becoming impatient on the environmental impact of Bitcoin mining.\n“Today, Bitcoin mining creates about the same pollution footprint per unit of energy as natural gas,” says Alex de Vries, who oversees Digiconomist, a company that monitors Bitcoin’s electricity usage. “That’s because hydro in China offset much of the effect of coal in that nation and other parts of the world.”\nNot forgetting China accounts for more than three-quarter of the Bitcoin mining activity globally as of April 2021,\nHowever, current reports reveal that China’s recent ban is more of an economic issue with its officials trying to prevent an economic shock just in case a Crypto bubble burst as the world’s second-biggest economy aims for a stable and viable financial architecture immune to volatility that often prevails in many Crypto assets.\nPresent price actions show the environmental concerns of Bitcoin seem to be receding as it broke above $35,000 price levels after Elon Musk disclosed, he held “potentially promising talks” with North American bitcoin miners on how to make Bitcoin’s mining process more environmentally friendly.\nThisarticlewas originally posted on FX Empire\n• Crude Oil Weekly Price Forecast – Crude Oil Markets Threatening Breakout\n• Earnings to Watch Next Week: Zoom, Advance Auto Parts, Lululemon and Cooper Companies in Focus\n• Silver Weekly Price Forecast – Silver Continues to Struggle With Break Out\n• S&P 500 Weekly Price Forec **Last 60 Days of Bitcoin's Closing Prices:** [58918.83, 59095.81, 59384.31, 57603.89, 58758.55, 59057.88, 58192.36, 56048.94, 58323.95, 58245.00, 59793.23, 60204.96, 59893.45, 63503.46, 63109.70, 63314.01, 61572.79, 60683.82, 56216.18, 55724.27, 56473.03, 53906.09, 51762.27, 51093.65, 50050.87, 49004.25, 54021.75, 55033.12, 54824.70, 53555.11, 57750.18, 57828.05, 56631.08, 57200.29, 53333.54, 57424.01, 56396.52, 57356.40, 58803.78, 58232.32, 55859.80, 56704.57, 49150.54, 49716.19, 49880.54, 46760.19, 46456.06, 43537.51, 42909.40, 37002.44, 40782.74, 37304.69, 37536.63, 34770.58, 38705.98, 38402.22, 39294.20, 38436.97, 35697.61, 34616.07] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2021-05-30 **Financial & Commodity Data:** - Gold Closing Price: $1902.50 - Crude Oil Closing Price: $66.32 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $650,839,657,875 - Hash Rate: 151858199.84334671 - Transaction Count: 179795.0 - Unique Addresses: 476088.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.10 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Mastercard is aiming to help governments evaluate the utility of central bank digital currencies (CBDCs) outside of just payments, CEO Michael Miebach said on the company’s first-quarter earnings conference call on Thursday. In the future, Mastercard will explore applications that can exist on top of CBDCs. “This could be a smart trade contract,” Miebach said. “So smart contract technology is what we’re investing in.” Related: Bitcoin Declines, on Track for Worst Month Since January Several central banks, including the European Central Bank and Bank of England, have taken a “two-tier approach” in which central banks mint the CBDC while the private sector distributes it, Miebach said. Mastercard has already been engaging with governments on central bank digital currencies. In February, the Bahamas launched an option for citizens to load the country’s CBDC onto a prepaid Mastercard. The payments network also has “several new crypto partnerships approved for launch this quarter,” Miebach said. This week, Gemini disclosed that Mastercard would be the network behind its crypto rewards credit card coming later this year. Last September, Mastercard announced it would offer central banks a virtual testing environment to see how CBDCs work in real life. Related Stories What an Increasingly Booming Economy Means for Bitcoin What China’s Blockchain Services Network Means for the World Stablecoin Rush Breaks Out; JPMorgan, DBS and Temasek Launch Partior... - Reddit Posts (Sample): [['u/brollikk', 'Dogecoin has an unlimited supply... I think more people should be aware of this', 57, '2021-05-30 00:13', 'https://www.reddit.com/r/CryptoCurrency/comments/nnxj65/dogecoin_has_an_unlimited_supply_i_think_more/', "10,000 doge per minute or \\~14 million doge per day are being created. \n\n​\n\nthis is compared to 900 new bitcoin mined per day currently. \n\n​\n\nIn order to maintain current prices, that is about how much buying must occur to keep it there. \n\n​\n\nBtc has a cap of 21 million and goes through halvenings of the block reward, I don't believe doge does. Doesn't this mean dogecoin is actually inflationary? Please correct me if I have something wrong here.", 'https://www.reddit.com/r/CryptoCurrency/comments/nnxj65/dogecoin_has_an_unlimited_supply_i_think_more/', 'nnxj65', [['u/_110100100_', 13, '2021-05-30 00:16', 'https://www.reddit.com/r/CryptoCurrency/comments/nnxj65/dogecoin_has_an_unlimited_supply_i_think_more/gzwzkwr/', 'The problem is the people who are buying up doge don’t care. They see it as their way to get rich quick.', 'nnxj65'], ['u/angry_hammer', 16, '2021-05-30 00:17', 'https://www.reddit.com/r/CryptoCurrency/comments/nnxj65/dogecoin_has_an_unlimited_supply_i_think_more/gzwznbt/', "I tried to explain that to a friend and few months ago, but he told me he didn't care once his investment went up. After that it's been shitcoin after shitcoin for him and he decided to get out of crypto after losing money in the crash last weekend. All I see is a discount in the solid projects I've been investing in", 'nnxj65'], ['u/dsub1', 11, '2021-05-30 00:17', 'https://www.reddit.com/r/CryptoCurrency/comments/nnxj65/dogecoin_has_an_unlimited_supply_i_think_more/gzwznnp/', "You're not wrong, but lots of posts have already been talking about this.", 'nnxj65'], ['u/JimCricket99', 30, '2021-05-30 00:17', 'https://www.reddit.com/r/CryptoCurrency/comments/nnxj65/dogecoin_has_an_unlimited_supply_i_think_more/gzwzpka/', '14 million a day dilutes it .00011 per coin per day. Or about .04 per coin per year.', 'nnxj65'], ['u/Failed_Launch', 16, '2021-05-30 00:18', 'https://www.reddit.com/r/CryptoCurrency/comments/nnxj65/dogecoin_has_an_unlimited_supply_i_think_more/gzwzr90/', 'Dogecoin is inflationary. This incentivizes people to spend now and save later, as the value of the coin drops over time (like how the dollar works). The problem with deflationary coins is saving is incentivized- the value of the coin increases over time and therefore “buying something tomorrow” is cheaper than buying it now. The value of a digital currency is to be used as a medium for an exchange of goods or service. \nJust my 2 cents', 'nnxj65'], ['u/techw1z', 39, '2021-05-30 00:24', 'https://www.reddit.com/r/CryptoCurrency/comments/nnxj65/dogecoin_has_an_unlimited_supply_i_think_more/gzx0e83/', "I'm against doge, and your math is correct, but your logic is lacking.\n\nif doge was adopted as main currency, 21million per day would be less than 8billion influx per year, which is practically nothing for a currency. Even for a crypto currency this would be sustainable for decades upon decades.\n\nThe real problem with doge, aside from the technical part, is that noone knows who holds 20b$ worth of it and when this person or group decides to cash out.", 'nnxj65'], ['u/titterbitter73', 32, '2021-05-30 00:28', 'https://www.reddit.com/r/CryptoCurrency/comments/nnxj65/dogecoin_has_an_unlimited_supply_i_think_more/gzx0w53/', "Like it's not the majority of the crypto community who want to get rich quick lol", 'nnxj65'], ['u/Raider4-', 12, '2021-05-30 00:52', 'https://www.reddit.com/r/CryptoCurrency/comments/nnxj65/dogecoin_has_an_unlimited_supply_i_think_more/gzx3gig/', 'For transparency, ~5 billion get mined a year resulting in 4.3% inflation a year. Inflation for Doge is pretty negligible and the least of its problems like you implied.', 'nnxj65'], ['u/mrteeth5', 34, '2021-05-30 01:01', 'https://www.reddit.com/r/CryptoCurrency/comments/nnxj65/dogecoin_has_an_unlimited_supply_i_think_more/gzx4bcx/', "How could we not be aware when there's a post about it twice a day", 'nnxj65'], ['u/hammtron', 10, '2021-05-30 04:21', 'https://www.reddit.com/r/CryptoCurrency/comments/nnxj65/dogecoin_has_an_unlimited_supply_i_think_more/gzxoiew/', 'Haha this reply to some simple quick maths. Simmer down, pal.', 'nnxj65']]], ['u/WSBCryptoTeam', 'SafeBTC has evolved to SafeCity', 49, '2021-05-30 00:26', 'https://www.reddit.com/r/SafeBTCOfficial/comments/nnxr27/safebtc_has_evolved_to_safecity/', 'SAFECITY\n\nIntroducing SafeCity\n📈 A protocol that rewards holders 2% per transaction and 2% towards SafeChange Charity! Another 2% is automatically burned and 2% to the liquidity locking forever. \n\n📈 SafeCity generates yield by applying a tax of 8% on every transaction splitting that instantly among token holders, charity, burn and the liquidity pool.\n\n📈 SafeCity is a deflationary token with an ever reducing supply whilst holders earn 2% of every transaction that takes place.\n\nTokenomics:\n78.5% is allocated for the presale\n20.0% will be used as liquidity for major exchanges such as Kucoin\n1.5% Dev/Marketing funds (Burning All Team Tokens at 2,500 holders)\n\nCOMMUNITY UPDATE\n\n🚀 CMC 🚀\n\n✅ CMC application has been sent off. We contacted them on twitter and are yet to hear back from them but as soon as we know you will know.\n\n🚀 BSCScan.com & Trustwallet 🚀\n\n✅ Logo and prices will be applied for on BSC Scan the moment we hit 2,500 holders. Trust wallet is in progress.\n\n🚀 CoinGecko 🚀\n\n✅ CG application also sent off. We are yet to hear back from them on twitter but as soon as we know you will know.\n\n🚀 SafePal Wallet & Bogged Logo🚀\n\n✅ SafePal wallet application complete to reflect our logo and price. Logo also applied for on Bogged.Finance\n\n🚀 Marketing and Promo 🚀\n\n✅ We are in talks with various people to market this project to the masses, including some YouTubers and TikTok influencers. We shall share exciting updates soon!\n\nSafeCity - SafeCity is the first mixed reality multiverse that brings the pleasures of virtual reality in tandem with a real world experience, physical item or activation. All are welcome here in SafeCity - we look forward to having you.\n\nWebsite: https://www.safe.city\n\nTwitter: https://twitter.com/SafeCityOfficial\n\nTelegram: https://t.me/safecitytoken\n\nDiscord: https://discord.gg/DAEtJQ8pC\n\nInstagram: https://Instagram.com/safecityy \n\nReddit: https://Reddit.com/r/SafeCity \n\nContract address: https://bscscan.com/address/0x1730a0ca9de632b0b6c232ebb972cb0851ffc6bf\n\n0x1730a0ca9de632b0b6c232ebb972cb0851ffc6bf\n\nChart: https://charts.bogged.finance/?token=0x1730a0cA9de632B0B6c232EBb972CB0851FFC6Bf\n\nBuy SafeCity on PancakeSwap:\nhttps://exchange.pancakeswap.finance/#/swap?inputCurrency=0x1730a0ca9de632b0b6c232ebb972cb0851ffc6bf', 'https://www.reddit.com/r/SafeBTCOfficial/comments/nnxr27/safebtc_has_evolved_to_safecity/', 'nnxr27', [['u/PasswOrdPr0', 14, '2021-05-30 01:09', 'https://www.reddit.com/r/SafeBTCOfficial/comments/nnxr27/safebtc_has_evolved_to_safecity/gzx58ax/', 'Stop this Scam.!!', 'nnxr27'], ['u/jayk477', 13, '2021-05-30 03:20', 'https://www.reddit.com/r/SafeBTCOfficial/comments/nnxr27/safebtc_has_evolved_to_safecity/gzxigln/', 'fuck off', 'nnxr27'], ['u/MrFiber81', 12, '2021-05-30 05:09', 'https://www.reddit.com/r/SafeBTCOfficial/comments/nnxr27/safebtc_has_evolved_to_safecity/gzxt3oh/', 'This is a scam everyone be careful 💀', 'nnxr27']]], ['u/_Dont_Quote_Me_', "What's with the HATRED of Crypto outside?", 100, '2021-05-30 00:27', 'https://www.reddit.com/r/CryptoCurrency/comments/nnxrwu/whats_with_the_hatred_of_crypto_outside/', "Hey all,\n\nSo I saw a post on /r/politics and /r/news where some discussions led to crypto / bitcoin. A poster explained how excited he was for bitcoin / crypto / blockchain tech and was absolutely downvoted into oblivion and harassed.\n\nHe made a great argument that Blockchain tech and Crypto is like 1990s internet - we have no clue what the hell is going to happen. Nope, no one cared, just insults and downvotes.\n\nSo, here's my question - why do people have such a visceral reaction to crypto and blockchain tech? Like, I can't figure it out. It's such a harmless thing that's so easy to support or even be passively neutral about, but it takes such effort to rage and be so hostile towards it!\n\nI tried to step in and explain with a more 'dumbed down' explanation - explaining how the tech is immature, we don't know where it'll be in 5-10 years, let alone 20-30, but that it is being used in places like real estate and healthca-- nope, just more mocking and negativity.\n\nSo, where is all of this vitirol coming from and how can we stop it or change people's minds?", 'https://www.reddit.com/r/CryptoCurrency/comments/nnxrwu/whats_with_the_hatred_of_crypto_outside/', 'nnxrwu', [['u/surgerix', 93, '2021-05-30 00:29', 'https://www.reddit.com/r/CryptoCurrency/comments/nnxrwu/whats_with_the_hatred_of_crypto_outside/gzx0xuh/', "People like to hate on things they don't understand.", 'nnxrwu'], ['u/Small_Frame1912', 73, '2021-05-30 00:30', 'https://www.reddit.com/r/CryptoCurrency/comments/nnxrwu/whats_with_the_hatred_of_crypto_outside/gzx13v4/', 'A) its one of those niche "hobbies" where people have been annoying about it to the point where the visceral reaction is to get annoyed\n\nB) people still dont get it and think its some scam quackery', 'nnxrwu'], ['u/Rwh221', 54, '2021-05-30 00:31', 'https://www.reddit.com/r/CryptoCurrency/comments/nnxrwu/whats_with_the_hatred_of_crypto_outside/gzx16ic/', "Because they know they missed out and people hate other people's success.", 'nnxrwu'], ['u/shpingle_shpangle', 20, '2021-05-30 00:32', 'https://www.reddit.com/r/CryptoCurrency/comments/nnxrwu/whats_with_the_hatred_of_crypto_outside/gzx1b9m/', 'C) All of the above', 'nnxrwu'], ['u/Eldeanio100', 12, '2021-05-30 00:33', 'https://www.reddit... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
37332.86, 36684.93, 37575.18, 39208.77, 36894.41, 35551.96, 35862.38, 33560.71, 33472.63, 37345.12
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['RADNOR, Pa., May 30, 2021 (GLOBE NEWSWIRE) -- The law firm of Kessler Topaz Meltzer & Check, LLP reminds Ebang International Holdings Inc. (NASDAQ: EBON) (“Ebang”) investors that a securities fraud class action lawsuit has been filed in the United States District Court for the Southern District of New York against Ebang on behalf of those who purchased or acquired Ebang securities between June 26, 2020 and April 5, 2021 , inclusive (the “Class Period”). Lead Plaintiff Deadline: June 7, 2021 Website: https://www.ktmc.com/ebang-international-class-action-lawsuit?utm_source=PR&utm_medium=Link&utm_campaign=ebang Contact: James Maro, Esq. (484) 270-1453 Adrienne Bell, Esq. (484) 270-1435 Toll free (844) 887-9500 Ebang is a leading application-specific integrated circuit chip design company and a leading manufacturer of Bitcoin mining machines. The complaint alleges that, throughout the Class Period, the defendants failed to disclose to investors that: (1) the proceeds from Ebang’s public offerings had been directed to low yield, long term bonds to an underwriter and to related parties rather than used to develop Ebang’s operations; (2) Ebang’s sales were declining, and Ebang had inflated reported sales, including through the sale of defective units; (3) Ebang’s attempts to go public in Hong Kong had failed due to allegations of embezzling investor funds and inflated sales figures; (4) Ebang’s purported cryptocurrency exchange was merely the purchase of an out-of-the-box crypto exchange; and (5) as a result of the foregoing, the defendants’ positive statements about Ebang’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis. Ebang investors may, no later than June 7, 2021 , seek to be appointed as a lead plaintiff representative of the class through Kessler Topaz Meltzer & Check, LLP, or other counsel, or may choose to do nothing and remain an absent class member. A lead plaintiff is a representative party who acts on behalf of all class members in directing the litigation. In order to be appointed as a lead plaintiff, the Court must determine that the class member’s claim is typical of the claims of other class members, and that the class member will adequately represent the class. Your ability to share in any recovery is not affected by the decision of whether or not to serve as a lead plaintiff. Kessler Topaz Meltzer & Check, LLP prosecutes class actions in state and federal courts throughout the country involving securities fraud, breaches of fiduciary duties and other violations of state and federal law. Kessler Topaz Meltzer & Check, LLP is a driving force behind corporate governance reform, and has recovered billions of dollars on behalf of institutional and individual investors from the United States and around the world. The firm represents investors, consumers and whistleblowers (private citizens who report fraudulent practices against the government and share in the recovery of government dollars). The complaint in this action was not filed by Kessler Topaz Meltzer & Check, LLP. For more information about Kessler Topaz Meltzer & Check, LLP please visit www.ktmc.com . Story continues CONTACT: Kessler Topaz Meltzer & Check, LLP James Maro, Jr., Esq. Adrienne Bell, Esq. 280 King of Prussia Road Radnor, PA 19087 (844) 887-9500 (toll free) [email protected] View comments', 'RADNOR, Pa., May 30, 2021 (GLOBE NEWSWIRE) -- The law firm of Kessler Topaz Meltzer & Check, LLP reminds Ebang International Holdings Inc. (NASDAQ: EBON) (“Ebang”) investors that a securities fraud class action lawsuit has been filed in the United States District Court for the Southern District of New York against Ebang on behalf of those who purchased or acquired Ebang securitiesbetween June 26, 2020 and April 5, 2021, inclusive (the “Class Period”).\nLead Plaintiff Deadline:June 7, 2021\n[{"Website:": "", "https://www.ktmc.com/ebang-international-class-action-lawsuit?utm_source=PR&utm_medium=Link&utm_campaign=ebang": ""}, {"Website:": "Contact:", "https://www.ktmc.com/ebang-international-class-action-lawsuit?utm_source=PR&utm_medium=Link&utm_campaign=ebang": "James Maro, Esq. (484) 270-1453"}, {"Website:": "", "https://www.ktmc.com/ebang-international-class-action-lawsuit?utm_source=PR&utm_medium=Link&utm_campaign=ebang": "Adrienne Bell, Esq. (484) 270-1435"}, {"Website:": "", "https://www.ktmc.com/ebang-international-class-action-lawsuit?utm_source=PR&utm_medium=Link&utm_campaign=ebang": "Toll free (844) 887-9500"}]\nEbang is a leading application-specific integrated circuit chip design company and a leading manufacturer of Bitcoin mining machines.\nThe complaint alleges that, throughout the Class Period, the defendants failed to disclose to investors that: (1) the proceeds from Ebang’s public offerings had been directed to low yield, long term bonds to an underwriter and to related parties rather than used to develop Ebang’s operations; (2) Ebang’s sales were declining, and Ebang had inflated reported sales, including through the sale of defective units; (3) Ebang’s attempts to go public in Hong Kong had failed due to allegations of embezzling investor funds and inflated sales figures; (4) Ebang’s purported cryptocurrency exchange was merely the purchase of an out-of-the-box crypto exchange; and (5) as a result of the foregoing, the defendants’ positive statements about Ebang’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis.\nEbang investors may,no later than June 7, 2021, seek to be appointed as a lead plaintiff representative of the class through Kessler Topaz Meltzer & Check, LLP, or other counsel, or may choose to do nothing and remain an absent class member. A lead plaintiff is a representative party who acts on behalf of all class members in directing the litigation. In order to be appointed as a lead plaintiff, the Court must determine that the class member’s claim is typical of the claims of other class members, and that the class member will adequately represent the class. Your ability to share in any recovery is not affected by the decision of whether or not to serve as a lead plaintiff.\nKessler Topaz Meltzer & Check, LLP prosecutes class actions in state and federal courts throughout the country involving securities fraud, breaches of fiduciary duties and other violations of state and federal law. Kessler Topaz Meltzer & Check, LLP is a driving force behind corporate governance reform, and has recovered billions of dollars on behalf of institutional and individual investors from the United States and around the world. The firm represents investors, consumers and whistleblowers (private citizens who report fraudulent practices against the government and share in the recovery of government dollars). The complaint in this action was not filed by Kessler Topaz Meltzer & Check, LLP. For more information about Kessler Topaz Meltzer & Check, LLP please visitwww.ktmc.com.\nCONTACT:\nKessler Topaz Meltzer & Check, LLPJames Maro, Jr., Esq.Adrienne Bell, Esq.280 King of Prussia RoadRadnor, PA 19087(844) 887-9500 (toll free)[email protected]', 'Asia-Pacific stock market investors are hoping for follow-through buying after last week’s strong performance ahead of Monday’s opening. Investors will get the opportunity to react to Friday’s U.S. inflation data that was released after the Asian market close. However, volume could be on the light side due to the U.S. Memorial Day holiday. Investors will have the opportunity to react to the release of China’s official manufacturing Purchasing Managers’ Index for May, which could be a market-moving event. In the cash market last week, Japan’s Nikkei settled at 29149.41, up 831.58 +2.94%. South Korea’s KOSPI Index finished at 3188.73, up 32.31 or +1.02% and Hong Kong’s Hang Seng Index closed at 29124.41, up 665.97 or +2.34%. China’s Shanghai Index settled at 3600.78, up 114.22 or +3.28% and Australia’s S&P ASX/200 Index finished at 7179.50, up 149.20 or +2.12%. China Securities Regulator Paying Great Attention to Commodity Price Fluctuations The China Securities Regulatory Commission (CSRC) pays great attention to commodity price fluctuations and has been cracking down on irregularities in the futures market, it said on Friday, amid worry about higher prices being passed on to consumers, Reuters reported. “CSRC will help manage commodity prices in coordination with other government bodies,” CSRC spokeswoman Gao Li told a media briefing. The assurance comes after commodity prices touched record highs in recent weeks raising concerns in Beijing. Regulators have repeatedly pledged tougher inspections of physical and derivatives markets, and crackdowns on speculation and hoarding. China Stocks Post Best Week in Three months on Easing Inflation Fears, Yuan Strength China stocks slipped on Friday, but posted their best week in more than three months as inflation and policy tightening worries faded and strong Yuan boosted foreign inflows into the country’s equities market. Hong Kong Stocks End Flat, Post Best Week in over Three Months Hong Kong stocks ended flat on Friday, as gains in resources firms were offset by losses in tech and healthcare companies, but posted their best week in more than three months as inflation fears fade. Story continues Traders attributed the week’s rally to easing worries over inflation as Beijing vowed to curb significant price gains in the commodities market. South Korea Stocks Rise in Auto Strength, Upbeat US Data; Post 1% Weekly Gain South Korean shares rose on Friday, logging their biggest weekly jump in three, led by tech heavyweights, as upbeat data from the United States supported recovery momentum. South Korea’s May exports are expected to have risen at their quickest pace in over three decades, a Reuters poll showed, thanks to strong global demand for the nation’s major products – semiconductors, cars and petroleum products. Foreigners were net buyers of 140.1 billion won ($125.6 **Last 60 Days of Bitcoin's Closing Prices:** [59095.81, 59384.31, 57603.89, 58758.55, 59057.88, 58192.36, 56048.94, 58323.95, 58245.00, 59793.23, 60204.96, 59893.45, 63503.46, 63109.70, 63314.01, 61572.79, 60683.82, 56216.18, 55724.27, 56473.03, 53906.09, 51762.27, 51093.65, 50050.87, 49004.25, 54021.75, 55033.12, 54824.70, 53555.11, 57750.18, 57828.05, 56631.08, 57200.29, 53333.54, 57424.01, 56396.52, 57356.40, 58803.78, 58232.32, 55859.80, 56704.57, 49150.54, 49716.19, 49880.54, 46760.19, 46456.06, 43537.51, 42909.40, 37002.44, 40782.74, 37304.69, 37536.63, 34770.58, 38705.98, 38402.22, 39294.20, 38436.97, 35697.61, 34616.07, 35678.13] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2021-05-31 **Financial & Commodity Data:** - Gold Closing Price: $1902.50 - Crude Oil Closing Price: $66.32 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $652,888,186,650 - Hash Rate: 147526659.02062267 - Transaction Count: 226469.0 - Unique Addresses: 599311.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.18 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Set Labs, an upstart platform for creating structured decentralized finance (DeFi) investment products on Ethereum, has raised $14 million. Early-stage token fund 1kx and crypto venture capital firm Hashed led the round, Set CEO Felix Feng told CoinDesk. He said the Series A will help Set decentralize its protocol and grow its lineup from four to as many as 20 multicoin investment vehicles. Think of them as crypto-native exchange-traded funds (ETFs). Related:Exchange Aggregator OpenOcean Enables Trading on Solana Network Nailing the decentralization aspect could prove critical for a startup that, in Feng’s telling, has seen its protocol’s tokenized portfolios, “which are kind of like ETFs,” balloon to $400 million in value. “The more customers you have, the more decentralized you need to be,” Feng said of a regulatory “rule of thumb” in the experimental realm of DeFi. He estimated current users around 20,000. Set’s plans speak to a key tension in DeFi, where projects seek to emulate traditional financial services like borrowing, lending and trading, but without all the baggage perceived to come through centralized control and beyond the reach of traditional oversight. “What we aim to be is the BlackRock of crypto,” Feng said, name-dropping the world’s largest asset manager. Related:Uniswap Poll Signals Strong Support for Putting v3 on Ethereum Scaler Arbitrum To get there, Set has homed in on portfolio development. Its protocol allows users to gain exposure to many coins, usually bundled thematically, by purchasing a single token. There’s theUNI-heavyDeFi Pulse Index, theMetaverse Indexlong on tokens from virtual worlds and a pair of leveraged products. Everything is non-custodial, Feng said, with investors’ cash pooled into one single contract. “You can own a token, like an ETF token, that represents your stake, your share of what is in that smart contract,” Feng said, noting users can make trades, yield farm and stake within the strategy. He intends to see more strategies listed by the end of the year. The DeFi Pulse Index (DPI), which had a market cap around $140 million at press time, is Set’s oldest and most popular portfolio, Feng said. Set’s portfolios have spiked from $30 to $50 million in total value locked (TVL) during 2020’s DeFi summer to $400 million today. That’s chump change when stacked against BlackRock’s $8.6 trillion under management. But crypto still pales against traditional financial markets. Read more:New Index From DeFi Pulse and Set Protocol Offers Easy Access to 10 DeFi Tokens in 1 Regardless, Feng is focused on growing Set Labs by staying true to its decentralized roots. He wants to build out the communities behind its two baby projects: asset management rail Set Protocol, and Index Coop, the decentralized autonomous organization (DAO) building the ETF-esque portfolios. Community members will gradually assume more control of the DAO through governance token distributions, Feng said. Questions over product parameters and fund allocation decisions will be put to token-weighted vote. He said this pursuit of sufficient decentralization helps ensure the project stays in the clear with regulators. Mechanism Capital, Defiance, Spartan, ParaFi, Coinbase Ventures, Craft and Threshold Ventures also joined the round. • No One Can Shut Down Bitcoin, Says Binance CEO CZ • Binance Smart Chain Adds CipherTrace for Tracking Illicit Transactions... - Reddit Posts (Sample): [['u/anonbitcoinperson', 'A tip from a 2013 crypto veteran: Stick to your exit plan ;)', 307, '2021-05-31 00:01', 'https://www.reddit.com/r/CryptoCurrency/comments/nolq6p/a_tip_from_a_2013_crypto_veteran_stick_to_your/', "In 2013 I started to get involved in BTC. I started realizing that I wanted financial sovereignty and freedom from the banks and my government. I figured out that the only way to do this was to take the fiat exit. So I exited from all euro and USD based investments and/or holdings. I transferred my entire net worth into BTC and then into other cryptos. While 2015 was a wild ride down into a deep bear market **I knew that I should stick to my exit plan no matter what and not buy back any fiat**. When you make an exit plan, and you stick to, you will be rewarded. Not only with crypto riches, but you will be rewarded with the satisfaction that you exited a horribly rigged surveillance heavy system of financial oppression. **No more fiat for me and I'm sticking to this exit plan no matter what**. \nFor those curious, yes I have my 99,9% of my net worth all in crypto and have had it that way since 2015. I do keep a tiny sum of fiat in a bank account to be able to pay for things like visas to other countries, or to pay for things I can't buy with crypto (which these days isnt that much). I never transfer large sums of money through this legagy system. Also since I bought all my BTC and other cryptos off exchanges and with no KYC, and I sell it for cash when I need to in face to face anonymous transactions... Well you get the idea. \n \n.\n \nEDIT1 to the down-voting bank bois: if you don't like my exit strategy tell me why instead of just mechanistically down-voting any post that isnt pro-FIAT, pro government or pro banks. I'm living the dream that crypto promises, not the nightmare that fiat guarantees. \n \n.\n \nEdit2: For those that think I'm living some life in the shadows I say this : **I live a life of leisure, I follow my passions and spend a lot of time volunteering for the betterment of humanity and nature.** Do I have a a huge mansion with lambos ? While I could afford them, I wouldn't sacrifice my freedoms to be a slave of the FIAT regime and a slave to my possessions.\nI have interests in art and I have hobbies that I have as much time for as I want and basically unlimited resources to make them happen. I can get my friends and loved ones gifts and help them out with cash when they need it. When I do have a partner I can spend as much time with them as I want and there is no money constraints as far as travel or entertainments goes. I wouldn't say I am in the shadows, I'm more trying to stay off the radar. Crypto helps me do all of that. So yea there are things that I can't do, but there is so much more that I can.\n\n.\nEDIT 3 https://old.reddit.com/r/CryptoCurrency/comments/m1yuqp/crypto_and_its_potential_to_transform_certain/)", 'https://www.reddit.com/r/CryptoCurrency/comments/nolq6p/a_tip_from_a_2013_crypto_veteran_stick_to_your/', 'nolq6p', [['u/DaveinOakland', 16, '2021-05-31 00:02', 'https://www.reddit.com/r/CryptoCurrency/comments/nolq6p/a_tip_from_a_2013_crypto_veteran_stick_to_your/h00op51/', "See y'all in 2024", 'nolq6p'], ['u/firebol23', 163, '2021-05-31 00:03', 'https://www.reddit.com/r/CryptoCurrency/comments/nolq6p/a_tip_from_a_2013_crypto_veteran_stick_to_your/h00ow86/', 'Man you are like a bitcoin elder. One of the ancients.', 'nolq6p'], ['u/BeyondExistenz', 21, '2021-05-31 00:03', 'https://www.reddit.com/r/CryptoCurrency/comments/nolq6p/a_tip_from_a_2013_crypto_veteran_stick_to_your/h00owbo/', 'Excellent report from a true vet who you can tell knows his shit.', 'nolq6p'], ['u/Benderineurope', 17, '2021-05-31 00:10', 'https://www.reddit.com/r/CryptoCurrency/comments/nolq6p/a_tip_from_a_2013_crypto_veteran_stick_to_your/h00pm9n/', 'One should always have a plan', 'nolq6p'], ['u/anonbitcoinperson', 31, '2021-05-31 00:16', 'https://www.reddit.com/r/CryptoCurrency/comments/nolq6p/a_tip_from_a_2013_crypto_veteran_stick_to_your/h00qadi/', 'Everyone has a plan until they get punched in the face', 'nolq6p'], ['u/Gordoniyke', 21, '2021-05-31 00:18', 'https://www.reddit.com/r/CryptoCurrency/comments/nolq6p/a_tip_from_a_2013_crypto_veteran_stick_to_your/h00qiak/', 'Using crypto for its originally intended purpose', 'nolq6p'], ['u/Caddywhompp', 11, '2021-05-31 00:33', 'https://www.reddit.com/r/CryptoCurrency/comments/nolq6p/a_tip_from_a_2013_crypto_veteran_stick_to_your/h00s7i4/', "Not the kind of exit plan I had in mind, but I'm all aboard!", 'nolq6p'], ['u/storyofacow', 20, '2021-05-31 00:44', 'https://www.reddit.com/r/CryptoCurrency/comments/nolq6p/a_tip_from_a_2013_crypto_veteran_stick_to_your/h00tezd/', "What's an exit strategy?", 'nolq6p'], ['u/anon43850', 13, '2021-05-31 00:47', 'https://www.reddit.com/r/CryptoCurrency/comments/nolq6p/a_tip_from_a_2013_crypto_veteran_stick_to_your/h00tq9r/', 'My exit plan starts as soon as I can buy an own apartment / house with my crypto savings', 'nolq6p'], ['u/valuemodstck-123', 36, '2021-05-31 00:59', 'https://www.reddit.com/r/CryptoCurrency/comments/nolq6p/a_tip_from_a_2013_crypto_veteran_stick_to_your/h00v0zd/', 'We are not worthy.', 'nolq6p'], ['u/groc613', 21, '2021-05-31 01:02', 'https://www.reddit.com/r/CryptoCurrency/comments/nolq6p/a_tip_from_a_2013_crypto_veteran_stick_to_your/h00vam1/', 'Honestly, I don’t get it. So, you moved all your net worth into the shadow and now you lay low to avoid being noticed by governments for some idea of escaping “financial oppression “. How the f*ck is that a better way to live? Thanks but no thanks.', 'nolq6p'], ['u/anonbitcoinperson', 10, '2021-05-31 01:04', 'https://www.reddit.com/r/CryptoCurrency/comments/nolq6p/a_tip_from_a_2013_crypto_veteran_stick_to_your/h00vjzi/', 'actually even then you wont have to exit: \n \nhttps://old.reddit.com/r/CryptoCurrency/comments/mnq1qj/never_sell_your_btc_to_buy_a_house_pay_off_a/', 'nolq6p'], ['u/groc613', 12, '2021-05-31 01:58', 'https://www.reddit.com/r/CryptoCurrency/comments/nolq6p/a_tip_from_a_2013_crypto_veteran_stick_to_your/h011b81/', 'I respect the life you chose for yourself. Though, I hope the folks don’t fall for the premise that with bitcoin somehow they can avoid “financial surveillance”. Transactions on blockchain CAN be traced. My morales align with following the laws on the land I live in. If they didn’t align, I would move to the country where the laws are different.\n\nAnyway, the great thing about crypto is that it offers are options within whatever path we choose to follow.', 'nolq6p'], ['u/ADD-DDS', 34, '2021-05-31 03:01', 'https://www.reddit.com/r/CryptoCurrency/comments/nolq6p/a_tip_from_a_2013_crypto_veteran_stick_to_your/h017uz5/', 'Something flight attendants are always talking about. I usually just put headphones in so I have no idea', 'nolq6p'], ['u/Pinky_DLobster', 27, '2021-05-31 03:23', 'https://www.reddit.com/r/CryptoCurrency/comments/nolq6p/a_tip_from_a_2013_crypto_veteran_stick_to_your/h01a5kv/', 'My plan was to get punched in the face ✅', 'nolq6p'], ['u/GaRGa77', 12, '2021-05-31 03:28', 'https://www.reddit.com/r/CryptoCurrency/comments/nolq6p/a_tip_from_a_2013_crypto_veteran_stick_to_your/h01apzu/', 'Cool story bro...', 'nolq6p'], ['u/Myk970', 11, '2021-05-31 03:47', 'https://www.reddit.com/r/CryptoCurrency/comments/nolq6p/a_tip_from_a_2013_crypto_veteran_stick_to_your/h01cn58/', "As a noob who is more and more worried about how tax is going to affect me, can I ask; what has your experience been like when it comes to tax? I assume you're in the States so it may be a little different than it is for me (I'm in Aus).", 'nolq6p'], ['u/Ankel88', 10, '2021-05-31 05:05', 'https://www.reddit.com/r/CryptoCurrency/comments/nolq6p/a_tip_from_a_2013_crypto_veteran_stick_to_your/h01knxp/', 'A Guy won the lottery 10 years ago with no real merits and now is teaching others the way to live a meaningless life.\nThank you! lol', 'nolq6p'], ['u/RyanKinder', 11, '2021-05-31 06:03', 'https://www.reddit.com/r/CryptoCurrency/comments/nolq6p/a_tip_from_a_2013_crypto_veteran_stick_to_your/h01q887/', 'The whole crowd clapped for him when he announced he was living off the grid.', 'nolq6p'], ['u/targrimm', 19, '2021-05-31 07:47', 'https://www.reddit.com/r/CryptoCurrency/comments/nolq6p/a_tip_from_a_2013_crypto_veteran_stick_to_your/h01z2fc/', "It's been a while since I've seen such an arrogant flex.", 'nolq6p']]], ['u/WilliamBott', 'Report Shows Over $2B Worth Of Bitcoin Bought During The Dip', 58, '2021-05-31 00:31', 'https://www.reddit.com/r/theta_network/comments/nomb6z/report_shows_over_2b_worth_of_bitcoin_bought/', "Just as I expected, the whales are gobbling up Bitcoin and accumulating, with a nice chunk around the $30,000 support level. I've talked about the Wyckoff accumulation with Bitcoin hovering between ~$29,000 and ~$41,000 for the next few months. Let's see if it holds true.\n\nAnd as Bitcoin (and other crypto coins) are all accumulated, the price will be driven up eventually. It's very exciting!\n\nI can't link to the article but I pasted the exact title of the article above. Google it and you'll see it. 😊", 'https://www.reddit.com/r/theta_network/comments/nomb6z/report_shows_over_2b_worth_of_bitcoin_bought/', 'nomb6z', [['u/-DannyDorito-', 14, '2021-05-31 01:01', 'https://www.reddit.com/r/theta_network/comments/nomb6z/report_shows_over_2b_worth_of_bitcoin_bought/h00v923/', 'I’m just waiting for another pay check to roll in. Going to add to theta', 'nomb6z']]], ['u/meshflesh40', '2019 bear market strategy+results', 20, '2021-05-31 00:31', 'https://www.reddit.com/r/CryptoCurrency/comments/nomba1/2019_bear_market_strategyresults/', "Ok so in 2017-2018 i lost $30k fomo'ng into the bullrun late and getting emotionally attached to altcoins and riding them -%95(neo). \n\nI didnt recover financially until mid 2019. Later that year, I decided to re enter the crypto space with 0 emotion and strict rules.... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
36684.93, 37575.18, 39208.77, 36894.41, 35551.96, 35862.38, 33560.71, 33472.63, 37345.12, 36702.60
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['Toronto, Ontario--(Newsfile Corp. - May 31, 2021) - Bluesky Digital Assets Corp. (CSE: BTC), (CSE: BTC.PR.A), (OTCQB: BTCWF), ("Bluesky" or the "Corporation") announced today that it has completed and filed onto SEDAR the Corporation\'s audited annual financial statements for the year ended December 31, 2020, the related management\'s discussion and analysis, and the related CEO and CFO certificates for the year ended December 31, 2020.\nThe delay of the completion and the filing of the Audit was primarily caused due to the Covid-19 stay at home order enacted by the Province of Ontario in April of this year.\nDue to the delay in the filing of the Corporation\'s 2020 Audited financial statements, the Corporation will also be late in the filing of its interim financial statements for the three month period ended March 31, 2021 and the associated management\'s discussion and analysis (collectively the "Q1 2021 Filings").\nThe Corporation is currently under a Management Cease Trade Order "MCTO" which expires on June 15, 2021, and will remain under the MCTO until the Corporation is up to date in its mandatory financial reporting requirements. The MCTO does not affect the ability of shareholders who are not insiders of the Corporation to trade their securities however the applicable Canadian securities regulatory authorities could determine, in their discretion, that it would be appropriate to issue a general cease trade order against the Corporation affecting all of the securities of the Corporation.\nThe Corporation anticipates completing the Q1 2021 Filings before June 15, 2021. Until the Q1 2021 Filings have been filed, the Corporation intends to continue to satisfy the provisions of the alternative information guidelines set out in NP 12-203 by issuing bi-weekly default status reports in the form of further press releases, which will also be filed on SEDAR.\nAbout Bluesky Digital Assets Corp.\nBluesky Digital Assets Corp, is building a high value digital currency enterprise. Bluesky mines digital currencies, such as Bitcoin and Ether, and is developing value-added technology services for the digital currency market, such as proprietary technology solutions. Offering a complete ecosystem of value-creation, Bluesky is targeting reinvesting appropriate portions of its digital currency mining profits back into its operations. A percentage of the profit will be invested in the development of a proprietary Artificial Intelligence ("AI") based technology. Overall, Bluesky takes an approach that enables the Corporation to scale, and respond to changing conditions, within the still-emerging Blockchain industry. The Corporation is poised to capture value in successive phases as this industry continues to scale.\nFor more information please visit Bluesky at:https://www.blueskydigitalassets.com\nFor further information please contact:\nMr. Ben GelfandCEO & DirectorBluesky Digital Assets Corp.T: (416) 363-3833E:[email protected]\nMr. Frank KordySecretary & DirectorBluesky Digital Assets Corp.T: (647) 466-4037E:[email protected]\nForward-Looking Statements\nInformation set forth in this news release may involve forward-looking statements under applicable securities laws. The forward- looking statements contained herein are expressly qualified in their entirety by this cautionary statement. The forward-looking statements included in this document are made as of the date of this document and the Corporation disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by applicable securities legislation. Although management believes that the expectations represented in such forward-looking statements are reasonable, there can be no assurance that such expectations will prove to be correct. This news release does not constitute an offer to sell or solicitation of an offer to buy any of the securities described herein and accordingly undue reliance should not be put on such. Neither CSE nor its Regulation Services Provider as that term is defined in the policies of the CSE accepts responsibility for the adequacy or accuracy of this release. We seek safe harbor.\n- 30 -\nTo view the source version of this press release, please visithttps://www.newsfilecorp.com/release/85969', 'Toronto, Ontario--(Newsfile Corp. - May 31, 2021) - Bluesky Digital Assets Corp. (CSE: BTC), (CSE: BTC.PR.A), (OTCQB: BTCWF), ("Bluesky" or the "Corporation") announced today that it has completed and filed onto SEDAR the Corporation\'s audited annual financial statements for the year ended December 31, 2020, the related management\'s discussion and analysis, and the related CEO and CFO certificates for the year ended December 31, 2020. The delay of the completion and the filing of the Audit was primarily caused due to the Covid-19 stay at home order enacted by the Province of Ontario in April of this year. Due to the delay in the filing of the Corporation\'s 2020 Audited financial statements, the Corporation will also be late in the filing of its interim financial statements for the three month period ended March 31, 2021 and the associated management\'s discussion and analysis (collectively the "Q1 2021 Filings"). The Corporation is currently under a Management Cease Trade Order "MCTO" which expires on June 15, 2021, and will remain under the MCTO until the Corporation is up to date in its mandatory financial reporting requirements. The MCTO does not affect the ability of shareholders who are not insiders of the Corporation to trade their securities however the applicable Canadian securities regulatory authorities could determine, in their discretion, that it would be appropriate to issue a general cease trade order against the Corporation affecting all of the securities of the Corporation. The Corporation anticipates completing the Q1 2021 Filings before June 15, 2021. Until the Q1 2021 Filings have been filed, the Corporation intends to continue to satisfy the provisions of the alternative information guidelines set out in NP 12-203 by issuing bi-weekly default status reports in the form of further press releases, which will also be filed on SEDAR. About Bluesky Digital Assets Corp. Bluesky Digital Assets Corp, is building a high value digital currency enterprise. Bluesky mines digital currencies, such as Bitcoin and Ether, and is developing value-added technology services for the digital currency market, such as proprietary technology solutions. Offering a complete ecosystem of value-creation, Bluesky is targeting reinvesting appropriate portions of its digital currency mining profits back into its operations. A percentage of the profit will be invested in the development of a proprietary Artificial Intelligence ("AI") based technology. Overall, Bluesky takes an approach that enables the Corporation to scale, and respond to changing conditions, within the still-emerging Blockchain industry. The Corporation is poised to capture value in successive phases as this industry continues to scale. Story continues For more information please visit Bluesky at: https://www.blueskydigitalassets.com For further information please contact: Mr. Ben Gelfand CEO & Director Bluesky Digital Assets Corp. T: (416) 363-3833 E: [email protected] Mr. Frank Kordy Secretary & Director Bluesky Digital Assets Corp. T: (647) 466-4037 E: [email protected] Forward-Looking Statements Information set forth in this news release may involve forward-looking statements under applicable securities laws. The forward- looking statements contained herein are expressly qualified in their entirety by this cautionary statement. The forward-looking statements included in this document are made as of the date of this document and the Corporation disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by applicable securities legislation. Although management believes that the expectations represented in such forward-looking statements are reasonable, there can be no assurance that such expectations will prove to be correct. This news release does not constitute an offer to sell or solicitation of an offer to buy any of the securities described herein and accordingly undue reliance should not be put on such. Neither CSE nor its Regulation Services Provider as that term is defined in the policies of the CSE accepts responsibility for the adequacy or accuracy of this release. We seek safe harbor. - 30 - To view the source version of this press release, please visit https://www.newsfilecorp.com/release/85969 View comments', 'The world’s two largest cryptocurrencies by market capitalization,bitcoinandether, have rebounded from seven-day lows.\nBitcoin was up 8.8% over the past 24 hours, having clawed back more than $3,000 from May 31 lows near $34,200. At press time the price was around $37,200. The move marks bitcoin’s biggest daily gain in a week.\nEther surged 15% over the previous 24 hours, also the most in a week, extending the rally from May 23 lows to find a footing above $2,670.\nRelated:Bitcoin Price, Foreign ASIC Demand Drive Profitable Q1 for Miner Producer Canaan\n“We’ve seen our institutional clients express nothing but increased interest in strengthening their long-term positions during this time,” said Gunnar Jaev, COO at First Digital Trust, a digital-asset trust and custodian. “The movement is bullish.”\nThe price increases came amid fresh reports theReserve Bank of India(RBI) issued acircularon Monday stating commercial banks under its purview cannot cite the reserve bank’s 2018 ban.\nThat ban initially denied customers involved in digital assets access to traditional banking services. The ban was then quashed by the country’s supreme court last year.\nPri **Last 60 Days of Bitcoin's Closing Prices:** [59384.31, 57603.89, 58758.55, 59057.88, 58192.36, 56048.94, 58323.95, 58245.00, 59793.23, 60204.96, 59893.45, 63503.46, 63109.70, 63314.01, 61572.79, 60683.82, 56216.18, 55724.27, 56473.03, 53906.09, 51762.27, 51093.65, 50050.87, 49004.25, 54021.75, 55033.12, 54824.70, 53555.11, 57750.18, 57828.05, 56631.08, 57200.29, 53333.54, 57424.01, 56396.52, 57356.40, 58803.78, 58232.32, 55859.80, 56704.57, 49150.54, 49716.19, 49880.54, 46760.19, 46456.06, 43537.51, 42909.40, 37002.44, 40782.74, 37304.69, 37536.63, 34770.58, 38705.98, 38402.22, 39294.20, 38436.97, 35697.61, 34616.07, 35678.13, 37332.86] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2021-06-01 **Financial & Commodity Data:** - Gold Closing Price: $1902.90 - Crude Oil Closing Price: $67.72 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $675,915,871,050 - Hash Rate: 148572947.38247102 - Transaction Count: 234561.0 - Unique Addresses: 615006.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.20 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Is crypto over? Is this the end of the world? And most importantly – will I ever eat steak again? Withbitcoindown about 13% in the last 24 hours, and closer to 34% for the week, these are questions that a lot of people are asking themselves for the very first time. 2020 and 2021 saw a huge wave of new entrants into cryptocurrency, thanks first to sheer boredom, followed by the kind of get-rich-quick rubbernecking that turns everyone into a crypto expert every three years or so. To pick just one metric out of a hat, active Bitcoin wallet addresses havegrown by roughly 35%since the start of the pandemic in March of last year. David Z. Morris is CoinDesk’s Chief Insights Columnist Related:What Coinbase’s Media Play Means for Crypto It’s inevitable that a lot of these new entrants still have a limited understanding of the extremely nuanced technology behind true cryptocurrencies, or of the speculative and often head-spinning theories about how and why they will transform society. It’s not surprising or even particularly blameworthy. Whether we’re talking about crypto or stocks, most people just want to go to the beach, eat some ice cream, and occasionally FOMO into a hot asset they heard about on the internet. That is, of course, a great way to stay poor. But new entrants to the 2020 crypto bull market have been indoctrinated in an even better approach to losing all your money: speculative day trading. I might not go so far as to call him Patient Zero, but Barstool Sports CEO Dave Portnoy is certainly the most prominent and emblematic vector here. He started livestreaming his stock day trading early in the pandemic and then aped into crypto during the summer of 2020. And I meanaped. Portnoy, to be fair, has been fairly self-aware about his dunderheaded crypto shenanigans, most recently declaring, “I have no idea how this works,” while putting $40,000 into alleged Ponzi scheme Safemoon on Tuesday. Now, 24 hours later, he’s down about $15k on that bet. Portnoy alsosold all his bitcoinlast August, at around $11,500, after holding it for a whole week. He then bought back bitcoin two weeks agoat $48,000. I don’t have a total picture of Portnoy’s activity, and it’s extremely likely that the broader bull market has left him way, way up since last summer despite his complete lack of discipline. But viewed with an even slightly critical eye, Portnoy has been doing a one-man extended performance art piece about why, according to a 2016 survey of data from trading platform Etoro,80% of private day traders lose moneyover the course of a year. The median 12-month return of all traders in the dataset – not just the ones who lost money – was a 36.3% loss. Related:Bitcoin Remains Under Pressure; Faces Resistance At $45K Today’s massive crypto crash is a great illustration of why. Most day traders, even the most disciplined and rigorous, trade based on market sentiment, and “panic” is a pretty overwhelming sentiment. The playbook for a typical day trader, at a moment like this, screams “sell.” Most private day traders are the microscopic, twitchy, anxious krill that slow-moving whales suck down for lunch Meanwhile, longer-term investors use price dips toadd to their holdingsin assets they believe in long-term. That is the kernel of one of Warren Buffett’s most famous investment maxims: “Be fearful when others are greedy. Be greedy when others are fearful.” It’s why, in the ecology of asset markets well beyond crypto, most private day traders are the microscopic, twitchy, anxious krill that slow-moving whales suck down for lunch. One caveat: There many individual day traders who make money trading even good old stocks. When it comes to crypto, the news-driven chaos creates tons of volatility, making it an even better way for truly skilled traders to profit. Traders also serve a far more useful function in highly speculative altcoin markets than in perhaps any other asset class, their “skin in the game” driving research, scrutiny, and price discovery of various projects. But it’s not something you should dabble in. And today, with total crypto market cap down nearly 20%, is a good time for recent crypto entrants to consider whether they want to remain speculative traders or become investors. Day traders bet on short-term changes in asset prices. Short-term trading momentum, these days, is usually driven by changes in sentiment more than by real changes in market conditions. As a day trader, you don’t care what a piece of news truly means, or even, ultimately, whether it’s true. You just care about guessing the next ten thousand traders’ reaction to it and positioning yourself to profit from it. That approach is formalized in part through technical analysis, which is broadly touted as a way to measure and predict market sentiment. Technical analysis is explicitly framed as requiring little or no knowledge of the underlying asset – the chart tells the only story you want or need to know. This is all in contrast with investment proper. Rather than focusing on sentiment, investors bet on how an asset will behave in the real economy. That generally means ignoring short-term fluctuations and heavily discounting market sentiment. There are grey areas, of course: Investors in tradeable “growth” assets likeearly-stage public companieshave to do a subtle dance as they balance economic performance and market sentiment. But most investors base their positions on a “thesis,” either about a company or a sector: a detailed, complex picture of what the future would look like if a company or project succeeds in its stated goals, and an evaluation of how likely that success is. That’s the source of the “target prices” issued by equity analysts, which project the price of a stock 12 months in the future. (Investments often have longer horizons – bitcoin being one – but generally professional investors don’t act on projections beyond two or three years out, precisely because they are based on real-world conditions that can’t be predicted.) So today is the day to ask yourself: Why did you buy the crypto that’s currently destroying your hopes of ever owning a home, much less a Lambo? Did you have a thesis? And if so, has that thesis changed? If you didn’t already have a thesis for your crypto investments, the middle of a crash is not a great time to seek one out. A thesis is your source of confidence and resolve as an investor, and it’s tough to build that airplane when you’re already at 5,000 feet and falling fast. Maybe your best bet for a good night’s sleep really is to sell everything. But maybe you just need a reminder of why you’re here. I’ll give you four. 1) Despite the rise of racist, xenophobic despots worldwide, globalization isn’t going anywhere. There’s a strong case that crypto isin some instancesa more effective medium of cross-border payment than the traditional banking system. 2) The pandemic has blown a huge crater in national budgets, increasing debt issuance and the threat of inflation, most importantly in the U.S. dollar. Personally I’mon the fenceabout the idea that bitcoin is an“inflation hedge,” but many believe it. 3) Decentralized finance, which uses the trustless base layer of blockchain and automated smart contracts to issue and service loans,grew by 7,239%between January 2020 and April 2021. 4) Cryptocurrency is the only viable 21st-century solution tofinancial censorship, a huge risk of the digital age that hands massive power to governments and private corporations, and which is only growing. There’s plenty more. But if you need something to chant under your breath as you hover over that “buy” button in a sea of red, it’s a solid start. • Ark Investment’s Cathie Wood Says Bitcoin Will Go to $500,000 • OCC, Fed, FDIC Mulling Forming an Interagency Policy Team on Crypto... - Reddit Posts (Sample): [['u/LullSiSH', 'My answer to people asking "if hedera is so good, why arent they famous?"', 54, '2021-06-01 00:05', 'https://www.reddit.com/r/hashgraph/comments/npem8i/my_answer_to_people_asking_if_hedera_is_so_good/', 'This is from my understanding of all the research ive done \nhedera still in baby form, all investors dont want this in the eyes of everyone yet\n\nwhy? cause there is still just a small amount of HBARS out right now, around 16-17% \n\nbig investors and the entire enterprise network around hedera are just accumilating \nand dont want high competition for a low price of the 260 mil HBARS that is getting released every month \n\n\nit is intentionall to not hard push hedera for the public, yet. \n\n\nthey rather just accumilate and let a couple of billion more coins to get released without competition \n\n\nthey have called themselves a 100 year company, its no rush compared to a hype coin that need it to go high now before the hype dies out. \n\n\nalso my take on HBAR success and why it will go well, a worst case scenario is, IF, and really big on the "IF", the crypto space dont want something new like hedera, cause they dont want their bitcoin or eth etc to die, HBAR will gain price by the enterprise sector alone, all enterprises transactions and use cases. and with the hedera network enterprises that build on it and the council etc, will have a quite big % of the HBARS, their intrest will ofcourse be to HBAR to succedd aswell. and with some market manipulation i think if they want to, if it comes to their intrest. they can make hedera famous.', 'https://www.reddit.com/r/hashgraph/comments/npem8i/my_answer_to_people_asking_if_hedera_is_so_good/', 'npem8i', [['u/MyNameIsRobPaulson', 18, '2021-06-01 02:01', 'https://www.reddit.com/r/hashgraph/comments/npem8i/my_answer_to_people_asking_if_hedera_is_so_good/h04y27l/', 'The whole goal of investing is to find a valuable asset before the masses do and the money starts flowing in. It could just be that this is just a solid opportunity.', 'npem8i'], ['u/jeeptopdown', 12, '2021-06-01 03:33', 'https://www.reddit.com/r/hashgraph/comments/npem8i/my_answer_to_people_asking_if_hedera_is_so_good/h058bdj/', 'Everyone has a plan until they get punched in the face. - Mike Tyson', 'npem8i']]], ['u/JazzyJayKarr', 'Let’s all stop and take a minute to realize what’s going on...', 313, '2021-06-01 00:36', 'https://www.reddit.com/r/CryptoCurrency/comments/npf99a/lets_all_stop_and_take_a_minute_to_realize_whats/', 'With the market tanking these last couple of weeks, I just want everyone to take a step back and see what’s really going on. \n\nWhat’s going on is that every single one of you is in the greatest market of all time. Yes we just experienced a major down trend, but seriously people...consider yourself lucky that you got to start in the infancy of crypto. Don’t think it’s the infancy? Here’s some stats for you. \n\nThe FAANG stocks market caps. \n\n1. Facebook $932.1 BILLION\n2. Apple $2.13 TRILLION\n3. Amazon $1.63 Trillion\n4. Netflix $222.95 Billion\n5. Google $1.62 Trillion \n\nFor a grand total of $6.535 Trillion!\n\nNow let’s look at the top 5 Crypto\n\n1. Bitcoin $694 billion\n2. Ethereum $306 billion\n3. Cardano $54 Billion\n4. BNB $53 Billion\n5. XRP $46 Billion\n\nFor a whopping grand total of $1.153 Trillion\n\nThat’s over 6X less than FAANG’s market cap. Btw FAANG’s aren’t even the top 5. If we do the actual top 5 (AAPLE, Microsoft, Amazon, Google & Facebook) you get over $8 Trillion dollars!! \n\nYes I know stocks aren’t the same as crypto. Let’s take a look at precious metals now. \n\n1. Gold $12.129 Trillion\n2. Silver $1.538 Trillion\n3. Palladium $495 Billion\n4. Platinum $297 Billion\n\nAlready we are at $14.459 Trillion for just the top 4. So precious metals top 5 are over 14X more than crypto’s top 5. \n\nSo now we can all agree that there is still A TON of upside left. There is no way this is the top. Do not fear buying at these levels (my opinion). \n\nNext take a moment to realize that the crypto market is ALWAYS open! You can literally trade your crypto whenever you want. This is a day traders dream come true! Three day holiday weekend? You don’t have to wait a single second (unless your Coinbase app is frozen). How lucky are we that we can trade crypto 24/7/365?! \n\nAnd the one week killer bear/bull markets. Just this month we saw bitcoins price fall by more than 50% in a 10 day period!!! Can you say fire sale?! And let’s not forget coins double in value almost every day! This market is literally a rags to riches (or riches to rags) real life event. \n\nHow many poor college students bought a few hundred dollars worth of DOGE in 2020 at .003 cents to see it go to over $0.70 in less than 6 months! That’s a 233X. One dollar invested would equal $233. Or $100 invested would net $23k!! \n\nOh and I don’t get me started on all these super cool, FREE (minus taxes) airdrops. People who used uniswap got a whopping 400 free tokens (two weeks ago that would have been worth $16k). FO FREE?!?! What the heck is going on?! In the next month or two we should see another MAJOR airdrop for XRP holders (Flare Networks). This stuff is free money just for holding coins. \n\nBUT WAIT...There’s more! Are you sick and tired of getting less than 1% interest on your savings account? Well crypto’s got your back. There are coins that offer over 10% apy staking rewards. Wooooah! And apps like Crypto.com, Celsius, and many others that will pay you interest for most coins, just for having them in the app. Talk about a savings account on STEROIDS! \n\nI could go on all day long. This is an awesome time to be in an awesome market. Consider yourself very lucky and HODL on for your life! \n\nTLDR: We are still in the infancy of crypto. With 24/7 trading, airdrops, crazy volatility and great staking rewards, the crypto market is by far the coolest market out there. Consider yourself lucky!', 'https://www.reddit.com/r/CryptoCurrency/comments/npf99a/lets_all_stop_and_take_a_minute_to_realize_whats/', 'npf99a', [['u/48323979853562951413', 22, '2021-06-01 00:55', 'https://www.reddit.com/r/CryptoCurrency/comments/npf99a/lets_all_stop_and_take_a_minute_to_realize_whats/h04qx9k/', 'Very sober perspective. No one can deny Crypto is the biggest opportunity of the century, debate as they may whether the opportunity will come to fruition.', 'npf99a'], ['u/yaggernaut', 60, '2021-06-01 00:59', 'https://www.reddit.com/r/CryptoCurrency/comments/npf99a/lets_all_stop_and_take_a_minute_to_realize_whats/h04rebc/', 'Stocks and crypto are very very different things since one had positive cashflow and the latter is a speculative asset. If anything you show how overvalued some cryptos are.', 'npf99a'], ['u/fighting_falcon', 130, '2021-06-01 01:06', 'https://www.reddit.com/r/CryptoCurrency/comments/npf99a/lets_all_stop_and_take_a_minute_to_realize_whats/h04s5qf/', 'Crypto is too techie for many rich old people to enter. They still prefer stocks. If they enter in droves the market will skyrocket to the moon as never seen before.', 'npf99a'], ['u/DenverNuggetz', 146, '2021-06-01 01:10', 'https://www.reddit.com/r/CryptoCurrency/comments/npf99a/lets_all_stop_and_take_a_minute_to_realize_whats/h04sk54/', 'Comparing stocks to crypto to precious metals is like comparing cows, tornados, and adverbs. They aren’t alike at all; the comparison is nonsensical.\n\nIt’s like comparing the real estate market to pork belly futures and FOREX.', 'npf99a'], ['u/nthgen', 21, '2021-06-01 01:19', 'https://www.reddit.com/r/CryptoCurrency/comments/npf99a/lets_all_stop_and_take_a_minute_to_realize_whats/h04thtn/', 'Pure, uncut hopium, pulled right from a fresh batch of green candles.\n\nFirst time is free.', 'npf99a'], ['u/JazzyJayKarr', 34, '2021-06-01 01:22', 'https://www.reddit.com/r/CryptoCurrency/comments/npf99a/lets_all_stop_and_take_a_minute_to_realize_whats/h04tu26/', 'They do enter by other ETF’s or companies. If you invest in square, PayPal, ARKK then you are investing in crypto', 'npf99a'], ['u/Canada_Coins', 21, '2021-06-01 01:24', 'https://www.reddit.com/r/CryptoCurrency/comments/npf99a/lets_all_stop_and_take_a_minute_to_realize_whats/h04u3tq/', 'It is definitely not too late to get into crypto. In a few years people will wish they had been able to buy at the current prices.', 'npf99a'], ['u/yaggernaut', 14, '2021-06-01 01:26', 'https://www.reddit.com/r/CryptoCurrency/comments/npf99a/lets_all_stop_and_take_a_minute_to_realize_whats/h04uarw/', 'Where do you think staking rewards come from? Without a working product producing revenue, they are just diluting your share (inflation, in other words)\n\nMany companies also make billions of dollars a year (all the ones you cited in the text do) and taking a loss in the books is a growth or tax avoidance strategy.', 'npf99a'], ['u/chubbyurma', 13, '2021-06-01 01:31', 'https://www.reddit.com/r/CryptoCurrency/comments/npf99a/lets_all_stop_and_take_a_minute_to_realize_whats/h04uteu/', 'Best opportunity *so far*.', 'npf99a'], ['u/Cleafonreddit', 12, '2021-06-01 01:32', 'https://www.reddit.com/r/CryptoCurrency/comments/npf99a/lets_all_stop_and_take_a_minute_to_realize_whats/h04uxcr/', 'much perspective very sober', 'npf99a'], ['u/oshinbruce', 20, '2021-06-01 01:40', 'https://www.reddit.com/r/CryptoCurrency/comments/npf99a/lets_all_stop_and_take_a_minute_to_realize_whats/h04vryw/', "Its interesting to post the valuation. Honestly its something I struggle with crypto, its really hard to compare. People argue cryptos don't post earnings and they are speculative. The same people would buy tesla, who have very small earnings in comparison to there stock value. In the end modern investment is on future potential, so buying tesla at $800 doesn't seem anything worse than $50k btc. When I see what smart contracts can do, and the fact the cryptos under act as the fees I get really excited for the future", 'npf99a'], ['u/TrippnThroughTime', 18, '2021-06-01 02:11', 'h... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
37575.18, 39208.77, 36894.41, 35551.96, 35862.38, 33560.71, 33472.63, 37345.12, 36702.60, 37334.40
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['RADNOR, PA / ACCESSWIRE / June 1, 2021 / The law firm of Kessler Topaz Meltzer & Check, LLP reminds Ebang International Holdings Inc. (NASDAQ:EBON) ("Ebang") investors that a securities fraud class action lawsuit has been filed against Ebang on behalf of those who purchased or acquired Ebang securities between June 26, 2020 and April 5, 2021 , inclusive (the "Class Period"). Lead Plaintiff Deadline: June 7, 2021 Website: https://www.ktmc.com/ebang-international-class-action-lawsuit?utm_source=PR&utm_medium=Link&utm_campaign=ebang Contact: James Maro, Esq. (484) 270-1453 Adrienne Bell, Esq. (484) 270-1435 Toll free (844) 887-9500 Ebang is a leading application-specific integrated circuit chip design company and a leading manufacturer of Bitcoin mining machines. The complaint alleges that, throughout the Class Period, the defendants failed to disclose to investors that: (1) the proceeds from Ebang\'s public offerings had been directed to low yield, long term bonds to an underwriter and to related parties rather than used to develop Ebang\'s operations; (2) Ebang\'s sales were declining, and Ebang had inflated reported sales, including through the sale of defective units; (3) Ebang\'s attempts to go public in Hong Kong had failed due to allegations of embezzling investor funds and inflated sales figures; (4) Ebang\'s purported cryptocurrency exchange was merely the purchase of an out-of-the-box crypto exchange; and (5) as a result of the foregoing, the defendants\' positive statements about Ebang\'s business, operations, and prospects were materially misleading and/or lacked a reasonable basis. Ebang investors may, no later than June 7, 2021 , seek to be appointed as a lead plaintiff representative of the class through Kessler Topaz Meltzer & Check, LLP, or other counsel, or may choose to do nothing and remain an absent class member. A lead plaintiff is a representative party who acts on behalf of all class members in directing the litigation. In order to be appointed as a lead plaintiff, the Court must determine that the class member\'s claim is typical of the claims of other class members, and that the class member will adequately represent the class. Your ability to share in any recovery is not affected by the decision of whether or not to serve as a lead plaintiff. Story continues Kessler Topaz Meltzer & Check, LLP prosecutes class actions in state and federal courts throughout the country involving securities fraud, breaches of fiduciary duties and other violations of state and federal law. Kessler Topaz Meltzer & Check, LLP is a driving force behind corporate governance reform, and has recovered billions of dollars on behalf of institutional and individual investors from the United States and around the world. The firm represents investors, consumers and whistleblowers (private citizens who report fraudulent practices against the government and share in the recovery of government dollars). The complaint in this action was not filed by Kessler Topaz Meltzer & Check, LLP. For more information about Kessler Topaz Meltzer & Check, LLP please visit www.ktmc.com . CONTACT: Kessler Topaz Meltzer & Check, LLP James Maro, Jr., Esq. Adrienne Bell, Esq. 280 King of Prussia Road Radnor, PA 19087 (844) 887-9500 (toll free) [email protected] SOURCE: Kessler Topaz Meltzer & Check, LLP View source version on accesswire.com: https://www.accesswire.com/649978/EBON-DEADLINE-Kessler-Topaz-Meltzer-Check-LLP-Reminds-Investors-of-Ebang-International-Holdings-Inc-Of-Deadline-in-Securities-Fraud-Class-Action-Lawsuit', 'RADNOR, PA / ACCESSWIRE / June 1, 2021 /The law firm of Kessler Topaz Meltzer & Check, LLP reminds Ebang International Holdings Inc. (NASDAQ:EBON) ("Ebang") investors that a securities fraud class action lawsuit has been filed against Ebang on behalf of those who purchased or acquired Ebang securitiesbetween June 26, 2020 and April 5, 2021, inclusive (the "Class Period").\nLead Plaintiff Deadline:June 7, 2021\nWebsite:https://www.ktmc.com/ebang-international-class-action-lawsuit?utm_source=PR&utm_medium=Link&utm_campaign=ebang\nContact:James Maro, Esq. (484) 270-1453Adrienne Bell, Esq. (484) 270-1435Toll free (844) 887-9500\nEbang is a leading application-specific integrated circuit chip design company and a leading manufacturer of Bitcoin mining machines.\nThe complaint alleges that, throughout the Class Period, the defendants failed to disclose to investors that: (1) the proceeds from Ebang\'s public offerings had been directed to low yield, long term bonds to an underwriter and to related parties rather than used to develop Ebang\'s operations; (2) Ebang\'s sales were declining, and Ebang had inflated reported sales, including through the sale of defective units; (3) Ebang\'s attempts to go public in Hong Kong had failed due to allegations of embezzling investor funds and inflated sales figures; (4) Ebang\'s purported cryptocurrency exchange was merely the purchase of an out-of-the-box crypto exchange; and (5) as a result of the foregoing, the defendants\' positive statements about Ebang\'s business, operations, and prospects were materially misleading and/or lacked a reasonable basis.\nEbang investors may,no later than June 7, 2021, seek to be appointed as a lead plaintiff representative of the class through Kessler Topaz Meltzer & Check, LLP, or other counsel, or may choose to do nothing and remain an absent class member. A lead plaintiff is a representative party who acts on behalf of all class members in directing the litigation. In order to be appointed as a lead plaintiff, the Court must determine that the class member\'s claim is typical of the claims of other class members, and that the class member will adequately represent the class. Your ability to share in any recovery is not affected by the decision of whether or not to serve as a lead plaintiff.\nKessler Topaz Meltzer & Check, LLP prosecutes class actions in state and federal courts throughout the country involving securities fraud, breaches of fiduciary duties and other violations of state and federal law. Kessler Topaz Meltzer & Check, LLP is a driving force behind corporate governance reform, and has recovered billions of dollars on behalf of institutional and individual investors from the United States and around the world. The firm represents investors, consumers and whistleblowers (private citizens who report fraudulent practices against the government and share in the recovery of government dollars). The complaint in this action was not filed by Kessler Topaz Meltzer & Check, LLP. For more information about Kessler Topaz Meltzer & Check, LLP please visitwww.ktmc.com.\nCONTACT:Kessler Topaz Meltzer & Check, LLPJames Maro, Jr., Esq.Adrienne Bell, Esq.280 King of Prussia RoadRadnor, PA 19087(844) 887-9500 (toll free)[email protected]\nSOURCE:Kessler Topaz Meltzer & Check, LLP\nView source version on accesswire.com:https://www.accesswire.com/649978/EBON-DEADLINE-Kessler-Topaz-Meltzer-Check-LLP-Reminds-Investors-of-Ebang-International-Holdings-Inc-Of-Deadline-in-Securities-Fraud-Class-Action-Lawsuit', 'By Peter Nurse\nInvesting.com — Australia’s economy expands faster than expected, AMC AMC Entertainment soars and crude continues to push higher. Yet Wall Street looks set to start in a sluggish fashion and the Turkish lira falls to a fresh low. Here\'s what\'s moving markets on Wednesday, June 2nd.\n1. Booming Australia\nIt may be the other side of the planet, but investors could do worse than taking a look at Australia’s economic fundamentals.\nIts economy expanded faster than forecast in the first three months of the year, with itsgross domestic productclimbing 1.8% from the final quarter of 2020, when it rose a revised 3.2%, according to official data. Economists had forecast a first-quarter gain of 1.5%.\n“The economic recovery in Australia is stronger than earlier expected and is forecast to continue,” Reserve Bank of Australia Governor Philip Lowe said Tuesday, after keeping its policies on hold.\nLowe also noted that there would be a news conference after the central bank\'s July 6 meeting, in a departure from its recent procedure, potentially setting the scene for a tapering of its ultra-loose monetary policy as the country\'s economy stages a recovery after plunging into a recession last year.\nAustralia’s rapid rebound has been underpinned by its ability to limit Covid-19 to isolated flare ups, boosting consumer and business confidence, but also by the global demand for the natural resources that the country has in abundance.\nThis was made clear Wednesday when Tesla (NASDAQ:TSLA) announced it expects to spend more than$1 billion a yearon battery raw materials from Australia given the country\'s reliable mining industry and responsible production practices.\nRobyn Denholm, chair of the U.S. carmaker, said Australia, which is rich in minerals used for batteries like lithium and nickel, is poised to benefit as developing supply chains for electric vehicle batteries and the green energy age focus on environmental, social and governance.\n2. Stocks set for muted start; AMC Entertainment in fashion\nU.S. stocks are set to open in a muted fashion Wednesday, following Tuesday’s quiet start to the month and ahead of the crucialemployment reportat the end of the week.\nBy 6:30 AM ET, Dow Jones futures were up 25 points, or 0.1%, S&P 500 futures were 0.1% lower and Nasdaq 100 futures dropped 0.1%.\nThe blue-chip Dow Jones Industrial Average gained just 1%, or 45 points, on Tuesday, while the broad-based S&P 500 broke a three-day winning streak to close just 2 points lower. The tech-heavy NASDAQ Composite dropped 0.1%, for its second losing day in three.\nInvestors are reluctant to move the dial too aggressively this holiday-shortened week, awaiting U.S. jobs data on Friday for confirmation of a solid recovery in the world\'s largest economy.\n“Arguably the soft U.S. jobs report of just a 266k increase in April set the tone for the month of May. This allo **Last 60 Days of Bitcoin's Closing Prices:** [57603.89, 58758.55, 59057.88, 58192.36, 56048.94, 58323.95, 58245.00, 59793.23, 60204.96, 59893.45, 63503.46, 63109.70, 63314.01, 61572.79, 60683.82, 56216.18, 55724.27, 56473.03, 53906.09, 51762.27, 51093.65, 50050.87, 49004.25, 54021.75, 55033.12, 54824.70, 53555.11, 57750.18, 57828.05, 56631.08, 57200.29, 53333.54, 57424.01, 56396.52, 57356.40, 58803.78, 58232.32, 55859.80, 56704.57, 49150.54, 49716.19, 49880.54, 46760.19, 46456.06, 43537.51, 42909.40, 37002.44, 40782.74, 37304.69, 37536.63, 34770.58, 38705.98, 38402.22, 39294.20, 38436.97, 35697.61, 34616.07, 35678.13, 37332.86, 36684.93] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2021-06-02 **Financial & Commodity Data:** - Gold Closing Price: $1907.50 - Crude Oil Closing Price: $68.83 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $698,029,427,922 - Hash Rate: 173683868.0668324 - Transaction Count: 250589.0 - Unique Addresses: 663855.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.23 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: State Streetwill expandtheir MediaStats indicator offering with a new Bitcoin (BTC) Thematic Indicator to help investors understand the crypto media sentiment and its true impact on financial markets. Financial services provider State Street announced the launch of a new Bitcoin Thematic Indicator series to help investors contextualize the rising popularity of bitcoin. This is an expansion of their MediaStats indicator. It will quantify media coverage of bitcoin, to measure the intensity or prevalence of the cryptocurrency relative to news at that time. This will also consider news sentiment over a given period. This new indicator expands on State Street MediaStats, which was launched in November last year. This indicator analyses thousands of online news sources daily, generating sentiment signals for different assets. This was developed to help institutional investors form a more complete picture of what factors are driving the market as well as their portfolios. State street decided to launch the bitcoin indicator after intense media coverage around the cryptocurrency, with head of investor behavior research Rajeev Bhargava saying: “Over the last few months, media coverage around bitcoin has grown significantly relative to corporate, financial, and economic media markets and continues to trend higher.” They aim to provide a quantitative measure of the tone and intensity of media discussion. The full range of thematic indicators tracks 77 broad market narratives, central bank indicators and foreign exchange, and country equity media indicators. This is all built off of State Street’s hub for data science and academic partnerships, State Street Associates, which is an academic think tank aiming to bridge the gap between financial theory and practice. State Street is one of the leading providers of financial services globally to institutional investors. Their services include investment servicing, investment management, as well as research and trading. At the end of March, they had $40.3 trillion assets under administration and $3.6 trillion in assets under management. Undoubtedly another move towards the widespread acceptance of bitcoin and cryptocurrencies by traditional financial institutions, in February, JP Morgansignaledthat once bitcoin is widely used by different asset managers and investors, Wall Street banks will embrace it.... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
39208.77, 36894.41, 35551.96, 35862.38, 33560.71, 33472.63, 37345.12, 36702.60, 37334.40, 35552.52
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['The green-focused blockchain project Chia Network and a journalist who recently started a blog focused on the Bram Cohen-founded company have exchanged legal barbs over whether the website has the right to use the Chia name. Chia has asked journalist Chris Dupres, the founder of thechiaplot.net, to discontinue the use of the company\x92s name because it violates trademark law. Dupres\x92 attorney, Paul Alan Levy from Public Citizen, responded with a fiery letter Wednesday to Chia\x92s head of IP Belle Borovik, insisting the blog name was not misleading. \x93Just how gullible do you expect your customers to be?\x94 wrote Levy in the letter, which was linked to a Dupres\x92 blog post. \x93I daresay that even the proverbial moron in a hurry would be able to recognize, immediately upon visiting The Chia Plot, that this is a website devoted to journalism about your company rather than being sponsored by your company.\x94 Related: Blockchain Payments Platform Chia on an \x91Accelerated Timeline’ to IPO Chia is arguing the unauthorized use of its trademark \x93exposes community members to potential scammers, misleading and confusing them.\x94 The blog is only around two weeks old. On May 25, the project sent a letter to Dupres outlining the concerns over the use of the name \x93Chia\x94 citing the \x93unauthorized use of Chia Network\x92s registered \x85 mark,\x94 or logos. The project subsequently asked Dupres to respond, which he did via Levy, stating he would not back down from the use of the name. \x93Dupres is not going to comply,\x94 wrote Levy, who went on to say Chia had no right to authorize the use of an \x93unregistered\x94 trademark against websites discussing Chia. Related: Blockchain Platform Chia Raises $61M From a16z, Others at $500M Valuation: Report See also: Blockchain Platform Chia Raises $61M From a16z, Others at $500M Valuation: Report Levy also cited 10 years\x92 worth of precedent trademark case law where companies threatening or pursuing legal action had failed. He has given Chia until June 9 to retract its demand that Dupres stop using the name Chia. Story continues Dupres is not willing to keep operating his website subject to the threat of alleged trademark damages. \x93Failing a prompt retraction, a request for waiver of service could well be the next communication you receive on this topic,\x94 wrote Levy. Related Stories Inside Bram Cohen\x92s Proof-of-Work Reinvention Craig Wright\x92s Multibillion-Dollar Bitcoin Trial Moves to Year\x92s End', 'The green-focused blockchain project Chia Network and a journalist who recently started a blog focused on the Bram Cohen-founded company have exchanged legal barbs over whether the website has the right to use the Chia name. Chia has asked journalist Chris Dupres, the founder of thechiaplot.net, to discontinue the use of the company\x92s name because it violates trademark law. Dupres\x92 attorney, Paul Alan Levy from Public Citizen, responded with a fiery letter Wednesday to Chia\x92s head of IP Belle Borovik, insisting the blog name was not misleading. \x93Just how gullible do you expect your customers to be?\x94 wrote Levy in the letter, which was linked to a Dupres\x92 blog post. \x93I daresay that even the proverbial moron in a hurry would be able to recognize, immediately upon visiting The Chia Plot, that this is a website devoted to journalism about your company rather than being sponsored by your company.\x94 Related: Blockchain Payments Platform Chia on an \x91Accelerated Timeline’ to IPO Chia is arguing the unauthorized use of its trademark \x93exposes community members to potential scammers, misleading and confusing them.\x94 The blog is only around two weeks old. On May 25, the project sent a letter to Dupres outlining the concerns over the use of the name \x93Chia\x94 citing the \x93unauthorized use of Chia Network\x92s registered \x85 mark,\x94 or logos. The project subsequently asked Dupres to respond, which he did via Levy, stating he would not back down from the use of the name. \x93Dupres is not going to comply,\x94 wrote Levy, who went on to say Chia had no right to authorize the use of an \x93unregistered\x94 trademark against websites discussing Chia. Related: Blockchain Platform Chia Raises $61M From a16z, Others at $500M Valuation: Report See also: Blockchain Platform Chia Raises $61M From a16z, Others at $500M Valuation: Report Levy also cited 10 years\x92 worth of precedent trademark case law where companies threatening or pursuing legal action had failed. He has given Chia until June 9 to retract its demand that Dupres stop using the name Chia. Story continues Dupres is not willing to keep operating his website subject to the threat of alleged trademark damages. \x93Failing a prompt retraction, a request for waiver of service could well be the next communication you receive on this topic,\x94 wrote Levy. Related Stories Inside Bram Cohen\x92s Proof-of-Work Reinvention Craig Wright\x92s Multibillion-Dollar Bitcoin Trial Moves to Year\x92s End', 'Gold futures are trading flat early Thursday after posting a modest gain the previous session. Despite hitting a five-month high earlier in the week, the trade has been lackluster with some of the major players sitting on the sidelines ahead of Friday’s U.S. Non-Farm Payrolls report . At 02:52 GMT, August Comex gold is trading $1908.10, down $1.80 or -0.09%. Nonetheless, there are major reports on Thursday that could move gold prices. They include ADP Non-Farm Employment Change , Weekly Unemployment Change and ISM Services PMI . Stable U.S. Treasury yields and a sideways U.S. Dollar Index are also helping to hold gold prices in a range this week. Daily August Comex Gold Daily Swing Chart Technical Analysis The main trend is up according to the daily swing chart. A trade through $1919.20 will signal a resumption of the uptrend. A move through $1884.30 will change the main trend to down. The long-term range is $2120.00 to $1678.40. The market is currently trading inside its retracement zone at $1899.20 to $1951.30. The minor range is $1854.40 to $1919.20. Its 50% level at $1886.80 is potential support. The short-term range is $1810.70 to $1919.20. Its 50% level at $1865.00 is additional support. Additional support levels come in at $1838.00, $1822.40 and $1799.30. Daily Swing Chart Technical Forecast The direction of the August Comex gold futures contract on Thursday is likely to be determined by trader reaction to the long-term 50% level at $1899.20. Bullish Scenario A sustained move over $1899.20 will indicate the presence of buyers. If this move is able to generate enough upside momentum then look for the rally to possibly extend into this week’s high at $1919.20. This is a potential trigger point for an acceleration to the upside with the main Fibonacci level at $1951.30 the next likely target. Bearish Scenario A sustained move under $1899.20 will signal the presence of sellers. This could trigger a quick break into $1886.80 to $1884.30. If this fails as support then $1865.00 and $1854.40 will become potential downside targets. Story continues For a look at all of today’s economic events, check out our economic calendar . This article was originally posted on FX Empire More From FXEMPIRE: Ramping Sales of Medical Cannabis Critical for Long-Term Growth of Khiron, Says ATB Capital E-mini S&P 500 Index (ES) Futures Technical Analysis – Strengthens Over 4210.00, Weakens Under 4186.25 Why Bitcoin Can Likely Break High in the Coming Weeks FedEx Could Hit New All-Time High on Strong Q4 Earnings Gold Price Prediction – Prices Rise as the Dollar Falters EOS, Stellar’s Lumen, and Tron’s TRX – Daily Analysis – June 3rd, 2021', 'Gold futures are trading flat early Thursday after posting a modest gain the previous session. Despite hitting a five-month high earlier in the week, the trade has been lackluster with some of the major players sitting on the sidelines ahead of Friday’sU.S. Non-Farm Payrolls report.\nAt 02:52 GMT,August Comex goldis trading $1908.10, down $1.80 or -0.09%.\nNonetheless, there are major reports on Thursday that could move gold prices. They includeADP Non-Farm Employment Change,Weekly Unemployment ChangeandISM Services PMI.\nStable U.S. Treasury yields and a sideways U.S. Dollar Index are also helping to hold gold prices in a range this week.\nThe main trend is up according to the daily swing chart. A trade through $1919.20 will signal a resumption of the uptrend. A move through $1884.30 will change the main trend to down.\nThe long-term range is $2120.00 to $1678.40. The market is currently trading inside its retracement zone at $1899.20 to $1951.30.\nThe minor range is $1854.40 to $1919.20. Its 50% level at $1886.80 is potential support.\nThe short-term range is $1810.70 to $1919.20. Its 50% level at $1865.00 is additional support.\nAdditional support levels come in at $1838.00, $1822.40 and $1799.30.\nThe direction of the August Comex gold futures contract on Thursday is likely to be determined by trader reaction to the long-term 50% level at $1899.20.\nA sustained move over $1899.20 will indicate the presence of buyers. If this move is able to generate enough upside momentum then look for the rally to possibly extend into this week’s high at $1919.20. This is a potential trigger point for an acceleration to the upside with the main Fibonacci level at $1951.30 the next likely target.\nA sustained move under $1899.20 will signal the presence of sellers. This could trigger a quick break into $1886.80 to $1884.30. If this fails as support then $1865.00 and $1854.40 will become potential downside targets.\nFor a look at all of today’s economic events, check out oureconomic calendar.\nThisarticlewas originally posted on FX Empire\n• Ramping Sales of Medical Cannabis Critical for Long-Term Growth of Khiron, Says ATB Capital\n• E-mini S&P 500 Index (ES) Futures Technical Analysis – Strengthens Over 4210.00, Weakens Under 4186.25\n• Why Bitcoin Can Likely Bre **Last 60 Days of Bitcoin's Closing Prices:** [58758.55, 59057.88, 58192.36, 56048.94, 58323.95, 58245.00, 59793.23, 60204.96, 59893.45, 63503.46, 63109.70, 63314.01, 61572.79, 60683.82, 56216.18, 55724.27, 56473.03, 53906.09, 51762.27, 51093.65, 50050.87, 49004.25, 54021.75, 55033.12, 54824.70, 53555.11, 57750.18, 57828.05, 56631.08, 57200.29, 53333.54, 57424.01, 56396.52, 57356.40, 58803.78, 58232.32, 55859.80, 56704.57, 49150.54, 49716.19, 49880.54, 46760.19, 46456.06, 43537.51, 42909.40, 37002.44, 40782.74, 37304.69, 37536.63, 34770.58, 38705.98, 38402.22, 39294.20, 38436.97, 35697.61, 34616.07, 35678.13, 37332.86, 36684.93, 37575.18] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2021-06-03 **Financial & Commodity Data:** - Gold Closing Price: $1871.20 - Crude Oil Closing Price: $68.81 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $725,659,212,141 - Hash Rate: 153804389.191713 - Transaction Count: 255621.0 - Unique Addresses: 692529.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.24 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Bitcoin Video 28.05.21. Bitcoin Is Under Pressure After Unsuccessful Test Of The Key Resistance Level At $40,000 Bitcoin failed to settle above the resistance at $40,000 and is testing the nearest support level at $37,000. Bitcoin’s failure to gain additional upside momentum put pressure on the crypto market, and other cryptocurrencies are also moving lower. Ethereum is currently trying to settle below the 50 EMA at $2645 while Dogecoin has recently made an attempt to settle below $0.31. This is a worrisome development for crypto bulls as cryptocurrencies are very dependent on momentum. From the fundamental point of view, it looks that the recent concerns about the environmental impact of Bitcoin mining continue to put pressure on the world’s leading cryptocurrency. Technical Analysis Bitcoin has recently made several attempts to settle above the resistance at $40,000 but failed to develop sufficient upside momentum. Meanwhile, RSI has moved out of the oversold territory so there is plenty of room to gain downisde momentum in case the right catalysts emerge. If Bitcoin manages to settle below the support at $37,000, it will head towards the next support level at $35,000. The test of the support at $35,000 would be a very important event since a move below this level may trigger another wave of selling. In case Bitcoin manages to settle below the support at $35,000, it will move towards the next support level at $32,000. A successful test of the support at $32,000 will push Bitcoin towards the support which is located at the recent lows at $30,000. On the upside, Bitcoin needs to settle above the resistance at $40,000 to develop upside momentum. The next resistance level is located at $42,000. If Bitcoin gets above the resistance at $42,000, it wil head towards the resistance at $44,000. A move above this level will open the way to the test of the resistance at $46,000. I’d note that Bitcoin may quickly move between these levels if it manages to settle above $40,000 as a move above the key resistance at $40,000 will attract more speculative traders. For a look at all of today’s economic events, check out our economic calendar . This article was originally posted on FX Empire More From FXEMPIRE: USD/JPY Forex Technical Analysis – Trend Up; Trading on Strong Side of 109.634 – 109.223 Retracement Zone AUD/USD Forex Technical Analysis – Trade Through .7706 Changes Main Trend to Down Price of Gold Fundamental Daily Forecast – Showing Early Mixed Reaction to PCE Data on Light-Holiday Volume USD/JPY Weekly Price Forecast – US Dollar Continues Drive Higher NZD/USD Forex Technical Analysis – Next Big Challenge for Bullish Traders is 50% Level at .7204 EUR/USD Mid-Session Technical Analysis for May 28, 2021 View comments... - Reddit Posts (Sample): [['u/Doglikehorse', 'Which country will first declare they’re holding a strategic BTC reserve?', 23, '2021-06-03 00:57', 'https://www.reddit.com/r/Bitcoin/comments/nqyspv/which_country_will_first_declare_theyre_holding_a/', 'I suspect this will be the catalyst for either the next leg of this bull run or the next post-halvening run. First mover advantage for smaller countries will be huge. My money’s on Estonia, Hungary or a South American nation.', 'https://www.reddit.com/r/Bitcoin/comments/nqyspv/which_country_will_first_declare_theyre_holding_a/', 'nqyspv', [['u/ScaryLane73', 10, '2021-06-03 01:07', 'https://www.reddit.com/r/Bitcoin/comments/nqyspv/which_country_will_first_declare_theyre_holding_a/h0dghj0/', 'The US already holds 44,000 and Bulgaria has 200,000 both governments acquired theirs from seizing them from criminal investigations those are pretty significant holdings', 'nqyspv'], ['u/konokonohamaru', 10, '2021-06-03 02:56', 'https://www.reddit.com/r/Bitcoin/comments/nqyspv/which_country_will_first_declare_theyre_holding_a/h0dtpuz/', 'A small island / city state seeking to attract crypto investment capital', 'nqyspv']]], ['u/theofiel', "Safety is not in numbers, it's in percentages (starter advice)", 38, '2021-06-03 01:06', 'https://www.reddit.com/r/CryptoCurrency/comments/nqz09i/safety_is_not_in_numbers_its_in_percentages/', 'I\'ve seen this sub shoot up in traffic and membership and I really like it. Crypto has proven to attract young people (and old people, like me) to make their first investments. I hope it will be your ticket to financial independence, as we\'re all kinda hoping. \n\nSomething I\'ve seen happening more often lately, is people sharing their portfolio. We do that in two ways. The first was so strange to me in the beginning: \n\n"Rate my portfolio: 50% BTC, 25% ETH, 20% LINK, 5% ADA"\n\nAnd what I see more often now:\n\n"I started investing in crypto with $4000 a few months ago, put it all in MATIC. Do I need to diversify now it\'s worth more?" or "I have $3000 set aside, what should I invest in?" or "I have 500 LTO. Should I buy more LTO or invest in DOGE?". \n\nI advise you to only talk in percentages and never -ever- in numbers. Here\'s why:\n\nIn way one, I could have $20 invested total, but it could also be 20 million. No one can extract it from those percentages. \n\nIn way two, I know exactly what value you have in crypto. And if you\'re lucky, that $4000 of MATIC might be worth a million in a few years (a man can dream). How safe do you feel telling Reddit, and thus the world, the amount of money you have in the bank, now or in the future? Can everyone you\'re telling it to be trusted? And can you trust yourself never to give away any hints on Reddit about who is behind your user name?\n\nNow I know the mods have done a fine job already advising against this, even posted on top of every daily. The main reason I find it important to explicitly ask your attention for safety is that I still see a lot of numbers instead of percentages. Also a reason, I keep feeling haunted by [this](https://nos.nl/artikel/2273122-overvallers-martelden-man-drenthe-met-boormachine) news from a few years ago (source is Dutch, translated in short: Man got his kneecaps and stomach drilled in order to obtain his keywords). \n\nBe safe!', 'https://www.reddit.com/r/CryptoCurrency/comments/nqz09i/safety_is_not_in_numbers_its_in_percentages/', 'nqz09i', [['u/pm_me_cute_sloths_', 59, '2021-06-03 01:26', 'https://www.reddit.com/r/CryptoCurrency/comments/nqz09i/safety_is_not_in_numbers_its_in_percentages/h0divrs/', 'It turns out that 70% of this sub is stupid and doesn’t understand percentages. Good thing I’m in the other 40%', 'nqz09i']]], ['u/AutoModerator', 'Daily June 03, 2021 [All Questions Here Please]', 34, '2021-06-03 02:00', 'https://www.reddit.com/r/ergonauts/comments/nr0166/daily_june_03_2021_all_questions_here_please/', ' \n\nWelcome Ergonauts\n\nPlease address all questions in this thread (or FAQ). \n\nDirect all posts regarding mining to r/erg_miners\n\nDirect all posts regarding trading/buying to r/ErgoTrading\n\nDirect all posts regarding NFTs to r/ErgoNFTs\n\nThe following information is provided to help answer any common questions you may have.\n\n​\n\n1. [Read the Manifesto](https://ergoplatform.org/en/blog/2021-04-26-the-ergo-manifesto/)\n2. [Read the FAQ](https://www.reddit.com/r/ergonauts/comments/mye6xh/faq/)\n3. [Check out bearwhale Saga](https://ergoplatform.org/en/blog/2021-05-13-bearwhale-saga/)\n4. [Join the community](https://ergonaut.space/en/Community) across the web.\n\n​\n\nMiners\n\nMiners check out [ergonaut.space/mining](https://ergonaut.space/en/Mining) and come chat on [Telegram](https://t.me/ergo_mining) or [Discord](https://discord.gg/7kWWQeMCwe) \\- Search for your card in the groups!\n\nNews\n\n27th\n\n* [Dev Update](https://curiaregiscrypto.medium.com/whats-going-on-behind-the-screens-ergo-weekly-dev-update-may-26th-c8b7e2c27347)\n\n26th\n\n* [Sub banner Thread](https://www.reddit.com/r/ergonauts/comments/nlfd3y/new_banner_proposals/)\n* [Ergodex: governance token poll](https://twitter.com/ErgoDex?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1397502263963406344%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fwww.redditmedia.com%2Fmediaembed%2Fnlewfr%3Fresponsive%3Dtrueis_nightmode%3Dfalse)\n* [Darkfund applications](https://twitter.com/chepurnoy/status/1397331731724881920)\n\n25th\n\n* [Ergo / Gravity partnership](https://ergoplatform.org/en/blog/2021-05-17-ergo-%C4%B1ntegration-with-gravity-network/)\n\n24th\n\n* Video Contest winners announced\n\n23rd\n\n* [Weekly Dev Update](https://curiaregiscrypto.medium.com/whats-going-on-behind-the-screens-ergo-weekly-dev-update-may-19th-2086d6670f86)\n* [Erg/USDN liquidity pool live on swopfi](https://swop.fi/info/3PGVJvV8Ep1u7qMkvUs1DYhRyfvArdRbMsD)\n* [JSON dApp Enviornment Live](https://www.ergoforum.org/t/json-dapp-environment-jde-first-release/1373)\n\n22nd\n\n* The world started to burn, but we continued toward our goals.\n\n21st\n\n* [ELI5 on SigmaUSD/RSV](https://www.reddit.com/r/ergonauts/comments/nhjc1f/noob_tries_to_explain_sigmausdrsv_an_attempt_at/?utm_source=share&utm_medium=web2x&context=3) by u/dejfson92\n* [Exchange News Update](https://www.reddit.com/r/ergonauts/comments/nhuysz/ergo_exchange_listings_update/?utm_source=share&utm_medium=web2x&context=3)\n\n20th\n\n* Seems someone has launched [r/ErgoTrading](https://www.reddit.com/r/ErgoTrading/)\n* [SigmaUSD Bank: Whale Protection Team](https://www.reddit.com/r/ergonauts/comments/ngknlk/sigmausd_bank_whale_protection_team/)\n* [Ergo: What Are Bitcoin Mixers](https://ergoplatform.org/en/blog/2021-05-19-ergo-what-are-bitcoin-mixers/)\n\n​\n\nPrevious QA\n\n* [see this comment regarding mobile support](https://www.reddit.com/r/ergonauts/comments/ndmmks/when_is_this_added_to_yoroi_mobe/)\n* [Why price increase](https://www.reddit.com/r/ergonauts/comments/ndb9wk/daily_discussion_sun_16_may_all_questions_here/gy9ugbp/)\n* [should we be concerned about mining pool centralization?](https://www.reddit.com/r/ergonauts/comments/ncfzkp/excited_about_erg_in_almost_all_aspects_except/)\n\nBuying\n\nCoinEx has no KYC under 10k and has been the most liquid + stable.\n\nFrom Coinbase\n\n1. Buy ADA\n2. Register on CoinEx, go to deposit and get an ADA address\n3. Send from Coinbase\n4. Sell ADA for USDT\n5. Buy Erg for USDT\n\nFrom Binance\n\n1. Buy USDT\n2. Register on CoinEx, go to deposit and get a USDT address - make sure TRC-20 network is selected (avoids eth gas)\n3. Buy USDT, send over TRC-20 network to the provided address\n4. Buy ERG for USDT\n\n* More experienced traders might prefer TradeOgre\n* Gate.io is ranked as a top #10 exchange. Good for large buyers who are worried about credibility.\n\nIf , for some reason, your posts are being removed by r/AutoModerator and you are unsure why please message mods via Modmail. We have given a few prompts to it, in attempt to automate some of the posting traffic, but its not perfect.\n\n\\-Mod Team\n\n[Merch Shop](https://poolpartynodes.com/ergo-merchant-shop/)', 'https://www.reddit.com/r/ergonauts/comments/nr0166/daily_june_03_2021_all_questions_here_please/', 'nr0166', [['u/MisterEun', 10, '2021-06-03 07:42', 'https://www.reddit.com/r/ergonauts/comments/nr0166/daily_june_03_2021_all_questions_here_please/h0eoom3/', "[https://www.coingecko.com/en/coins/ergo/historical\\_data/usd#panel](https://www.coingecko.com/en/coins/ergo/historical_data/usd#panel) \nGo back even 60 days and you'll see days with volume as low as sub $200k.", 'nr0166'], ['u/PedroBV', 10, '2021-06-03 09:02', 'https://www.reddit.com/r/ergonauts/comments/nr0166/daily_june_03_2021_all_questions_here_please/h0eur7c/', 'People are just hodling.', 'nr0166'], ['u/jodepe-', 17, '2021-06-03 09:22', 'https://www.reddit.com/r/ergonauts/comments/nr0166/daily_june_03_2021_all_questions_here_please/h0ew78e/', 'Any news on new exchanges?', 'nr0166'], ['u/InThePortalAgain', 21, '2021-06-03 13:01', 'https://www.reddit.com/r/ergonauts/comments/nr0166/daily_june_03_2021_all_questions_here_please/h0fbb9q/', 'Eth 2.0 delayed until late 2022. Lets hope ADA and ERG take its place!!', 'nr0166'], ['u/datwolvsnatchdoh', 15, '2021-06-03 15:21', 'https://www.reddit.com/r/ergonauts/comments/nr0166/daily_june_03_2021_all_questions_here_please/h0fpnxz/', 'Behold: ERG, THE $12 STABLE COIN!', 'nr0166'], ['u/dejfson92', 11, '2021-06-03 16:24', 'https://www.reddit.com/r/ergonauts/comments/nr0166/daily_june_03_2021_all_questions_here_please/h0fydb5/', 'Hey, this might be an utterly stupid question, but I am very new to crypto, so please excuse my very limited knowledge. I am wondering, if it is a good time now for buying some ERG for around $12? Just asking if you expect any significant rise of price after ERG will be available on mainstream exchanges. The sooner the better I guess? Thanks', 'nr0166'], ['u/MrThePLP', 11, '2021-06... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
36894.41, 35551.96, 35862.38, 33560.71, 33472.63, 37345.12, 36702.60, 37334.40, 35552.52, 39097.86
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['NortonLifeLock, the company behind the Norton Antivirus software, has launched a feature allowing users to mine crypto directly through its platform.\nAccording to apress releaseon Wednesday, Norton’s feature, dubbed Norton Crypto, has begun allowing select Norton 360 customers of its early adopter program to begin miningether.\nAdopters can join a Norton mining pool where they can use the feature on a personal computer to apply its computation power for low-volume crypto mining, a company spokesperson told CoinDesk via email.\nRelated:Nasdaq-Listed The9 to Buy Control of Mining Company Montcrypto\nThe mining pool will pay out miners periodically based on the timing of their participation and the number of shares they are credited via their contribution. Payouts will be allocated to either a Norton Crypto Wallet, generated by the company or a personal one designated by the miner.\nSoftware built into the Norton 360 platform will run when a computer is idle. Once ether has been mined, it can be stored in Norton’s wallet via the cloud. Mined coins can also be tracked and extracted to crypto exchange Coinbase.\nMiners must pay a 15% fee of the total crypto sent to their wallets for use of Norton’s service, according to the company’sterms and conditions. Miners should also account for electricity costs, degradation of computer parts and fluctuating crypto prices.\nSee also:Nvidia to Hobble Ether Mining Power on More Gaming Cards\nRelated:Market Wrap: Bitcoin Fails Test of $40K While Ether Loses Steam Near $2.9K\nThe company said miners have had to previously disable their anti-virus software, opening them to unvetted code from nefarious actors planting ransomware or skimming their mining proceeds.\n“Earnings are commonly stored directly on miners’ hard drives where their digital wallet could be lost should it fail,” the company said in its release.\nNorton Crypto is expected to become available to all Norton 360 customers in the coming weeks and may require certain PC hardware to use the feature, the company said.\n• Anchorage to Offer Ethereum-Backed Loans Through BankProv\n• Market Wrap: Bitcoin in Repair Mode as Traders Head to Miami; Dogecoin Gains', 'By Tom Wilson and Tom Westbrook LONDON/SINGAPORE (Reuters) -Bitcoin fell more than 7% on Friday, with tweets by Tesla boss Elon Musk that appeared to lament a breakup with the cryptocurrency again moving markets. Tesla\'s big position in bitcoin and Musk\'s large personal following set crypto markets on edge whenever he tweets, and the price fell after he posted "#Bitcoin" https://twitter.com/elonmusk/status/1400620080090730501, a broken-heart emoji and a picture of a couple discussing a breakup. Musk followed up by posting a breakup comic strip and replying "nice" to an illustration of rival crypto dogecoin posted by crypto exchange Coinbase. It was unclear what, if anything, any of the tweets meant. Musk has previously said Tesla would not sell its bitcoin, but his tweets were enough to unsettle markets still fragile following May\'s crash. "When Elon Musk tweets any crypto-related content, the market ... expects a reaction," said Nick Spanos, co-founder of ZAP Protocol, a crypto project in Switzerland. Bitcoin\'s fall pushed it below its 20-day moving average to as low as $36,263, and took some of the edge off its week-to-date gains. It is up 2% so far this week. \'TROLLING THE COMMUNITY\'? Musk has been a major promoter of cryptocurrencies but has turned critical of bitcoin since suspending Tesla plans to take it in payment for cars, owing to concerns about its energy use. Many crypto specialists have struggled to understand the motives behind his tweets. "He\'s trolling the community," said Bobby Ong, co-founder of crypto data aggregator and analytics website CoinGecko. Bitcoin and several other cryptocurrencies are still recovering from a crash last month in the wake of that decision and on news of renewed regulatory scrutiny in China. Telsa stock has now fallen by a third since it announced a $1.5 billion bitcoin purchase in February, and bitcoin is more than 40% below April\'s record peak of $64,895.22. Story continues The second biggest cryptocurrency, ether, which tends to move in tandem with bitcoin, also extended losses through the day. It was last down 8% at $2,626 though on course for a second consecutive weekly gain. Dogecoin, the cryptocurrency perhaps most sensitive to Musk\'s opinions as he helped to turn the coin started as a joke into a multi-billion dollar market valuation, also fell by more than 10% to around $0.36 on Friday. (Reporting by Tom Westbrook; editing by Shri Navaratnam and Jason Neely)', 'By Tom Wilson and Tom Westbrook\nLONDON/SINGAPORE (Reuters) -Bitcoin fell more than 7% on Friday, with tweets by Tesla boss Elon Musk that appeared to lament a breakup with the cryptocurrency again moving markets.\nTesla\'s big position in bitcoin and Musk\'s large personal following set crypto markets on edge whenever he tweets, and the price fell after he posted "#Bitcoin" https://twitter.com/elonmusk/status/1400620080090730501, a broken-heart emoji and a picture of a couple discussing a breakup.\nMusk followed up by posting a breakup comic strip and replying "nice" to an illustration of rival crypto dogecoin posted by crypto exchange Coinbase. It was unclear what, if anything, any of the tweets meant.\nMusk has previously said Tesla would not sell its bitcoin, but his tweets were enough to unsettle markets still fragile following May\'s crash.\n"When Elon Musk tweets any crypto-related content, the market ... expects a reaction," said Nick Spanos, co-founder of ZAP Protocol, a crypto project in Switzerland.\nBitcoin\'s fall pushed it below its 20-day moving average to as low as $36,263, and took some of the edge off its week-to-date gains. It is up 2% so far this week.\n\'TROLLING THE COMMUNITY\'?\nMusk has been a major promoter of cryptocurrencies but has turned critical of bitcoin since suspending Tesla plans to take it in payment for cars, owing to concerns about its energy use.\nMany crypto specialists have struggled to understand the motives behind his tweets.\n"He\'s trolling the community," said Bobby Ong, co-founder of crypto data aggregator and analytics website CoinGecko.\nBitcoin and several other cryptocurrencies are still recovering from a crash last month in the wake of that decision and on news of renewed regulatory scrutiny in China.\nTelsa stock has now fallen by a third since it announced a $1.5 billion bitcoin purchase in February, and bitcoin is more than 40% below April\'s record peak of $64,895.22.\nThe second biggest cryptocurrency, ether, which tends to move in tandem with bitcoin, also extended losses through the day. It was last down 8% at $2,626 though on course for a second consecutive weekly gain.\nDogecoin, the cryptocurrency perhaps most sensitive to Musk\'s opinions as he helped to turn the coin started as a joke into a multi-billion dollar market valuation, also fell by more than 10% to around $0.36 on Friday.\n(Reporting by Tom Westbrook; editing by Shri Navaratnam and Jason Neely)', 'By Tom Wilson and Tom Westbrook LONDON/SINGAPORE (Reuters) -Bitcoin fell more than 7% on Friday, with tweets by Tesla boss Elon Musk that appeared to lament a breakup with the cryptocurrency again moving markets. Tesla\'s big position in bitcoin and Musk\'s large personal following set crypto markets on edge whenever he tweets, and the price fell after he posted "#Bitcoin" https://twitter.com/elonmusk/status/1400620080090730501, a broken-heart emoji and a picture of a couple discussing a breakup. Musk followed up by posting a breakup comic strip and replying "nice" to an illustration of rival crypto dogecoin posted by crypto exchange Coinbase. It was unclear what, if anything, any of the tweets meant. Musk has previously said Tesla would not sell its bitcoin, but his tweets were enough to unsettle markets still fragile following May\'s crash. "When Elon Musk tweets any crypto-related content, the market ... expects a reaction," said Nick Spanos, co-founder of ZAP Protocol, a crypto project in Switzerland. Bitcoin\'s fall pushed it below its 20-day moving average to as low as $36,263, and took some of the edge off its week-to-date gains. It is up 2% so far this week. \'TROLLING THE COMMUNITY\'? Musk has been a major promoter of cryptocurrencies but has turned critical of bitcoin since suspending Tesla plans to take it in payment for cars, owing to concerns about its energy use. Many crypto specialists have struggled to understand the motives behind his tweets. "He\'s trolling the community," said Bobby Ong, co-founder of crypto data aggregator and analytics website CoinGecko. Bitcoin and several other cryptocurrencies are still recovering from a crash last month in the wake of that decision and on news of renewed regulatory scrutiny in China. Telsa stock has now fallen by a third since it announced a $1.5 billion bitcoin purchase in February, and bitcoin is more than 40% below April\'s record peak of $64,895.22. Story continues The second biggest cryptocurrency, ether, which tends to move in tandem with bitcoin, also extended losses through the day. It was last down 8% at $2,626 though on course for a second consecutive weekly gain. Dogecoin, the cryptocurrency perhaps most sensitive to Musk\'s opinions as he helped to turn the coin started as a joke into a multi-billion dollar market valuation, also fell by more than 10% to around $0.36 on Friday. (Reporting by Tom Westbrook; editing by Shri Navaratnam and Jason Neely)', 'By Tom Wilson and Tom Westbrook LONDON/SINGAPORE (Reuters) -Bitcoin fell more than 7% on Friday, with tweets by Tesla boss Elon Musk that appeared to lament a breakup with the cryptocurrency again moving markets. Tesla\'s big position in bitcoin and Musk\'s large personal following set crypto markets on edge whenever he tweets, and the price fell after he posted "#Bitcoin" https://twitter.com/elonmusk/status **Last 60 Days of Bitcoin's Closing Prices:** [59057.88, 58192.36, 56048.94, 58323.95, 58245.00, 59793.23, 60204.96, 59893.45, 63503.46, 63109.70, 63314.01, 61572.79, 60683.82, 56216.18, 55724.27, 56473.03, 53906.09, 51762.27, 51093.65, 50050.87, 49004.25, 54021.75, 55033.12, 54824.70, 53555.11, 57750.18, 57828.05, 56631.08, 57200.29, 53333.54, 57424.01, 56396.52, 57356.40, 58803.78, 58232.32, 55859.80, 56704.57, 49150.54, 49716.19, 49880.54, 46760.19, 46456.06, 43537.51, 42909.40, 37002.44, 40782.74, 37304.69, 37536.63, 34770.58, 38705.98, 38402.22, 39294.20, 38436.97, 35697.61, 34616.07, 35678.13, 37332.86, 36684.93, 37575.18, 39208.77] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2021-06-04 **Financial & Commodity Data:** - Gold Closing Price: $1889.80 - Crude Oil Closing Price: $69.62 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $694,912,179,319 - Hash Rate: 137063775.4021388 - Transaction Count: 236672.0 - Unique Addresses: 632737.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.27 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Ruja Ignatova, the self-appointed “CryptoQueen,” and the firm OneCoin that she founded have been found in default after failing to respond to a case over the alleged $4 billion scam cryptocurrency project. • Along with financier Gilbert Armenta, Ignatova and OneCoin were certified as being in default according to documents filed in a U.S. federal court in New York on Monday. • The case commenced in May 2019 with Ignatova and OneCoin accused of defrauding millions of investors of more than $4 billion in a Ponzi-like scheme. • Investors were told OneCoin could be mined and had actual value, though in fact it did not exist on a blockchain and its perceived value was manipulated by automatic generation of new coins. • The documents filed Monday stated the defendants had “not filed an answer or otherwise moved with respect to the complaint.” • Earlier in the case, plaintiffs Christine Grablis and Donald Berdeaux werewarned by the judgein the Southern District of New York that they risked jeopardizing the case by not filing regular paperwork on efforts to serve court papers to the defendants. • According to the latest documents, they had served papers to Ignatova, who is wanted by U.S. and other authorities after disappearing in late 2017. • Ignatova’s brother, Konstantin, who allegedly also led the scheme, isassisting U.S. authoritiesunder a plea deal. Also read:OneCoin Investors Allege BNY Mellon Aided $4B Fraud • Trial Gets Under Way for Well-Known Crypto Executive in China • Craig Wright’s Multibillion-Dollar Bitcoin Trial Moves to Year’s End • Fowler, Accused of Crypto Fraud, Gets a New Lawyer After Failing to Pay His Old Ones • John McAfee’s Security Guard Pleads Not Guilty to Crypto Fraud Charges... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
35551.96, 35862.38, 33560.71, 33472.63, 37345.12, 36702.60, 37334.40, 35552.52, 39097.86, 40218.48
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['A New York state supreme court judge named a receiver for the unregistered automated trading app Coinseed and may require it to cease operating after claims that it had eliminated customers\x92 access to their accounts and reduced the value of their holdings. Judge Andrew Borrok appointed Michelle Gitlitz as the embattled company\x92s receiver. Gitlitz is global head of blockchain and digital assets at the Crowell & Moring and a partner at the Washington D.C. based-firm. In Borrok\x92s order , Gitlitz cannot hire outside counsel, accountants, appraisers or other service providers without the court\x92s permission. Last month, New York state Attorney General Letitia James moved to shut down Coinseed for allegedly continuing to defraud its users even as the company faced pressure on multiple legal fronts. James filed a court motion on May 6 to freeze Coinseed\x92s trading activity and halt all operations. In February, James accused Coinseed of bilking $1 million from investors through hidden fees, false claims and a flopped token. The U.S. Securities and Exchange Commission (SEC) hit Coinseed with token registration violations in a parallel suit. Related Stories NY Attorney General Moves to Shut Down Crypto App Coinseed Over Fraud Claims Investing in Cryptocurrencies Is \x91Not Prudent,\x92 Says New York Attorney General Tether Allegedly Received Ransom Note Demanding 500 BTC 3 US Regulators Probing Robinhood\x92s Actions Amid GameStop Trading Craze', 'A New York state supreme court judge named a receiver for the unregistered automated trading app Coinseed and may require it to cease operating after claims that it had eliminated customers’ access to their accounts and reduced the value of their holdings.\n• Judge Andrew Borrok appointed Michelle Gitlitz as the embattled company’s receiver. Gitlitz is global head of blockchain and digital assets at the Crowell & Moring and a partner at the Washington D.C. based-firm.\n• InBorrok’s order, Gitlitz cannot hire outside counsel, accountants, appraisers or other service providers without the court’s permission.\n• Last month, New York state Attorney GeneralLetitia James movedto shut down Coinseed for allegedly continuing to defraud its users even as the company faced pressure on multiple legal fronts.\n• James filed a court motion on May 6 to freeze Coinseed’s trading activity and halt all operations.\n• In February,James accusedCoinseed of bilking $1 million from investors through hidden fees, false claims and a flopped token. The U.S. Securities and Exchange Commission (SEC) hit Coinseed with token registration violations in a parallel suit.\n• NY Attorney General Moves to Shut Down Crypto App Coinseed Over Fraud Claims\n• Investing in Cryptocurrencies Is ‘Not Prudent,’ Says New York Attorney General\n• Tether Allegedly Received Ransom Note Demanding 500 BTC\n• 3 US Regulators Probing Robinhood’s Actions Amid GameStop Trading Craze', 'Bitcoin, BTC to USD, slid by 6.07% on Friday. Reversing a 4.37% gain from Thursday, Bitcoin ended the day at $36,844.0.\nA mixed start to the day saw Bitcoin rise to an early morning high $39,275.0 before hitting reverse.\nFalling short of the first major resistance level at $40,079, Bitcoin slid to a mid-day intraday low $35,586.0.\nThe extended sell-off saw Bitcoin fall through the first major support level at $37,776 and the second major support level at $36,326.\nSteering clear of sub-$35,000 levels, Bitcoin broke back through the second major support level to end the day at $36,800 levels.\nThe near-term bullish trend remained intact supported by the latest move back through to $39,000 levels. For the bears, Bitcoin would need a sustained fall through the 62% FIB of $27,237 to form a near-term bearish trend.\nAcross the rest of the majors, it was also a bearish day on Friday.\nBitcoin Cash SVandChainlinkslid by 9.32% and by 10.43% to lead the way down.\nBinance Coin(-8.72%),Cardano’s ADA(-7.33%),Crypto.com Coin(-7.06%),Litecoin(-7.71%), andRipple’s XRP(-7.09%) also struggled.\nEthereum(-5.81%) and Polkadot (-1.23%) saw relatively modest losses on the day.\nIn the current week, the crypto total market fell to a Monday low $1,450bn before rising to a Thursday high $1,774bn. At the time of writing, the total market cap stood at $1,667.\nBitcoin’s dominance rose to a Monday high 44.17% before falling to a Thursday low 41.68%. At the time of writing, Bitcoin’s dominance stood at 42.25%.\nAt the time of writing, Bitcoin was up by 1.95% to $37,563.0. A mixed start to the day saw Bitcoin fall to an early morning low $36,617.0 before rising to a high $37,598.0.\nBitcoin left the major support and resistance levels untested early on.\nElsewhere, it was also a bullish start to the day.\nAt the time of writing, Binance Coin was up by 3.77% to lead the way.\nBitcoin would need to avoid a fall back through the $37,235 pivot to bring the first major resistance level at $38,884 into play.\nSupport from the broader market would be needed for Bitcoin to break back through to $38,000 levels.\nBarring a broad-based crypto rally, the first major resistance level and Friday’s high $39,275.0 would likely cap any upside.\nIn the event of an extended crypto rally, Bitcoin could test resistance at the 38.2% FIB of $41,592. The second major resistance level sits at $40,924.\nA fall back through the $37,235 pivot would bring the first major support level at $35,195 into play.\nBarring another extended sell-off on the day, Bitcoin should steer clear of the second major support level at $33,546.\nThisarticlewas originally posted on FX Empire\n• Natural Gas Price Prediction – Prices Rebound Rising 3.5% for the Week\n• Gold Price Forecast – Gold Markets Recover After Jobs Number\n• The Weekly Wrap – U.S Labor Market Data Gyrates the Global Financial Markets\n• Crude Oil Weekly Price Forecast – Crude Oil Markets Break Out\n• European Equities: A Week in Review – 04/06/21\n• USD/CAD Daily Forecast – U.S. Dollar Retreats Ahead Of The Weekend', 'Bitcoin , BTC to USD, slid by 6.07% on Friday. Reversing a 4.37% gain from Thursday, Bitcoin ended the day at $36,844.0. A mixed start to the day saw Bitcoin rise to an early morning high $39,275.0 before hitting reverse. Falling short of the first major resistance level at $40,079, Bitcoin slid to a mid-day intraday low $35,586.0. The extended sell-off saw Bitcoin fall through the first major support level at $37,776 and the second major support level at $36,326. Steering clear of sub-$35,000 levels, Bitcoin broke back through the second major support level to end the day at $36,800 levels. The near-term bullish trend remained intact supported by the latest move back through to $39,000 levels. For the bears, Bitcoin would need a sustained fall through the 62% FIB of $27,237 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was also a bearish day on Friday. Bitcoin Cash SV and Chainlink slid by 9.32% and by 10.43% to lead the way down. Binance Coin (-8.72%), Cardano’s ADA (-7.33%), Crypto.com Coin (-7.06%), Litecoin (-7.71%), and Ripple’s XRP (-7.09%) also struggled. Ethereum (-5.81%) and Polkadot (-1.23%) saw relatively modest losses on the day. In the current week, the crypto total market fell to a Monday low $1,450bn before rising to a Thursday high $1,774bn. At the time of writing, the total market cap stood at $1,667. Bitcoin’s dominance rose to a Monday high 44.17% before falling to a Thursday low 41.68%. At the time of writing, Bitcoin’s dominance stood at 42.25%. This Morning At the time of writing, Bitcoin was up by 1.95% to $37,563.0. A mixed start to the day saw Bitcoin fall to an early morning low $36,617.0 before rising to a high $37,598.0. Bitcoin left the major support and resistance levels untested early on. Elsewhere, it was also a bullish start to the day. At the time of writing, Binance Coin was up by 3.77% to lead the way. For the Bitcoin Day Ahead Bitcoin would need to avoid a fall back through the $37,235 pivot to bring the first major resistance level at $38,884 into play. Story continues Support from the broader market would be needed for Bitcoin to break back through to $38,000 levels. Barring a broad-based crypto rally, the first major resistance level and Friday’s high $39,275.0 would likely cap any upside. In the event of an extended crypto rally, Bitcoin could test resistance at the 38.2% FIB of $41,592. The second major resistance level sits at $40,924. A fall back through the $37,235 pivot would bring the first major support level at $35,195 into play. Barring another extended sell-off on the day, Bitcoin should steer clear of the second major support level at $33,546. This article was originally posted on FX Empire More From FXEMPIRE: Natural Gas Price Prediction – Prices Rebound Rising 3.5% for the Week Gold Price Forecast – Gold Markets Recover After Jobs Number The Weekly Wrap – U.S Labor Market Data Gyrates the Global Financial Markets Crude Oil Weekly Price Forecast – Crude Oil Markets Break Out European Equities: A Week in Review – 04/06/21 USD/CAD Daily Forecast – U.S. Dollar Retreats Ahead Of The Weekend', 'WARSAW, Poland, June 04, 2021 (GLOBE NEWSWIRE) --Bitcoin Vault (BTCV), a cryptocurrency project co-created by serial entrepreneurEyal Avramovichand operated and managed by the blockchain development company Electric Vault, recently announced a landmark partnership with ESE Europe (ESE), a European entertainment and technology company focused on gaming and esports, to co-produce and co-distribute a gaming talent show in five countries: China, Japan, South Korea, Vietnam and Brazil.\nThe production deal propelsBTCVand ESE\'s unified goal to link cryptocurrency and gaming in one ecosystem. This partnership also powers BTCV coin to expand its presence and services in the global esports and gaming markets. BTCV is known for being the only Proof of Work (PoW) cryptocurrency that offers a reversible transactions feature on an immutable blockchain, **Last 60 Days of Bitcoin's Closing Prices:** [58192.36, 56048.94, 58323.95, 58245.00, 59793.23, 60204.96, 59893.45, 63503.46, 63109.70, 63314.01, 61572.79, 60683.82, 56216.18, 55724.27, 56473.03, 53906.09, 51762.27, 51093.65, 50050.87, 49004.25, 54021.75, 55033.12, 54824.70, 53555.11, 57750.18, 57828.05, 56631.08, 57200.29, 53333.54, 57424.01, 56396.52, 57356.40, 58803.78, 58232.32, 55859.80, 56704.57, 49150.54, 49716.19, 49880.54, 46760.19, 46456.06, 43537.51, 42909.40, 37002.44, 40782.74, 37304.69, 37536.63, 34770.58, 38705.98, 38402.22, 39294.20, 38436.97, 35697.61, 34616.07, 35678.13, 37332.86, 36684.93, 37575.18, 39208.77, 36894.41] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2021-06-05 **Financial & Commodity Data:** - Gold Closing Price: $1889.80 - Crude Oil Closing Price: $69.62 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $700,825,443,271 - Hash Rate: 137063775.4021388 - Transaction Count: 194580.0 - Unique Addresses: 537842.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.24 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: (Adds more comments from Dorsey at a conference, details, dateline) NEW YORK, June 4 (Reuters) - Payments firm Square Inc is considering creating a non-custodial hardware wallet for bitcoin, the company's chief executive officer Jack Dorsey said on Friday. Bitcoin wallets can be stored offline or online at cryptocurrency exchanges, venues where bitcoin can be bought and sold for traditional currencies or other virtual coins. With a non-custodial wallet, you have sole control of your private keys, which in turn control your cryptocurrency and prove the funds are yours. With a custodial wallet, another party controls your private keys. Most custodial wallets are Web-based exchange wallets. Dorsey first made the announcement in a tweet on Friday and then gave some details at a conference called Bitcoin 2021 in Miami. Dorsey is also the chief executive of Twitter Inc. "We don't want to compete with other hardware wallets out there," Dorsey said. "We just want to take it to the next level and get to 100 more million people, which have non-custodial solutions." As bitcoin and other crypto-currencies have gained in popularity, many companies have emerged to serve a growing need to protect these assets from online theft. "If we do it, we would build it entirely in the open, from software to hardware design, and in collaboration with the community," said Dorsey. Shares of Square were last up 1.3% at $215.28. The company has further raised its bets on bitcoin since it disclosed in February https://reut.rs/34PFSZb it had invested $170 million more in the cryptocurrency. (Reporting by Gertrude Chavez-Dreyfuss in New York and Chavi Mehta in Bengaluru; Editing by Shinjini Ganguli and Jonathan Oatis) View comments... - Reddit Posts (Sample): [['u/VulpVulpVulp', 'Variants of neckbeards by MBTI:', 69, '2021-06-05 00:33', 'https://www.reddit.com/r/mbti/comments/nshcxs/variants_of_neckbeards_by_mbti/', 'Compiled by yours truly:\n\n\nINTP – (classic neckbeard) - argumentative, enlightened euphoric atheist and puritan open source/linux shill\n\nINFP – waifuist, self-inserter, fanfictioner/shipper\n\nISFJ – white knight/simp/’nice guy’\n\nISTJ – tradcon/nu-christfag/’looking for a tradwife’/bootlicker/punisher skull blue lives matter guy\n\nISTP – ‘heh….nothin personnel kid’, mallninja, cringe gunnut/edgy wannabe lone ranger\n\nISFP – furry/fursuiter/deviantautist\n\nESFP – popufur or attention whoring, self-inflicting Munchausen social media lolcow\n\nESTJ – hard MRA/’make me a sandwich-ist’/proud boy\n\nESFJ – assertive soyboy/nu-male/bugman/’male feminist’ twitter bluecheck midwit\n\nENTJ – bitcoin fetishist/wannabe wallstreet bro librightist\n\nINTJ – ayn randian/elitist /’patrician taste’ douche, obsessed with objectivism and social darwinism\n\nENTP – troll/black hat hacker/wannabe joker/sam hyde/whatever, failed performance artist who is ‘ironically’ racist/edgy/whatever but harms others\n\nENFP – quirky ‘rawr xd’ tackleglomper guy who recites memes/youtube poops IRL, unironically wore a furry tail at some point as a teen, blares/dances to carmelldansen in public\n\nESTP – redpiller, /fit/izen, pick up artist, obsessed with alpha/beta shit and body counts\n\nINFJ – otherkin pagan/ luciferean\n\nENFJ – runs/admins a discord grooming ring', 'https://www.reddit.com/r/mbti/comments/nshcxs/variants_of_neckbeards_by_mbti/', 'nshcxs', [['u/nabllr', 11, '2021-06-05 02:28', 'https://www.reddit.com/r/mbti/comments/nshcxs/variants_of_neckbeards_by_mbti/h0ms9ct/', 'these are fucking awesome', 'nshcxs'], ['u/fre_ii1', 16, '2021-06-05 02:34', 'https://www.reddit.com/r/mbti/comments/nshcxs/variants_of_neckbeards_by_mbti/h0msuz2/', 'everything is right but i refuse to be a furry', 'nshcxs']]], ['u/shitoshi-nokamoto', 'I will help you onto lightning by giving away bitcoin. Seriously.', 170, '2021-06-05 00:37', 'https://www.reddit.com/r/Bitcoin/comments/nshg13/i_will_help_you_onto_lightning_by_giving_away/', 'Lightning Network get a lot of fud even here in this sub. I suspect a lot of you guys haven’t yet actually tried it. It really is a lot easier than i think most people expect, and here is me trying to prove it. \nI suspect that the big hurdle right now is that you have to move your coins onto the lightning Network, so the idea behind this post is actually giving away MY satoshis so you do not have to do this to experience lightning. Hopefully some other experienced lightning-users will join me if this ends up a costly adventure. (Please lets keep this thread focused on giving people the first experience with lightning)\n\nHERE’S the plan:\n-Go download Wallet of satoshi. This is a really really easy lightning Wallet. It IS custodial, but ignore that for now\n\n-post your adress/qr here, it would be cool if you added your country, but no pressure. I will send you some sats as soon as I can. I will answer you when i do, with the amount and the cost of the transaction. IF someone else wants to join me, just send sats, and answer the post in the same way.\n\n-when you recieve the sats, congratz! You have bitcoin in the lightning Network. Find a friend, pay it forward.\n\n-Should you choose to explore this further, go download breez Wallet. You now have a non-custodial Wallet, and you can create an invoice (recieve via invoice) for yourself and pay from Wallet of satoshi and my sats. No risk, its someone elses money. You have now made your first transaction and is probably starting to Get it.\n\n-With the sats well placed in breez, go to the apps-section from the top left corner. Pick the lightning roulette app, fund with 20(!) sats (press «open in Wallet»), and gamble HALF of your deposit. Then go to the menu and press «withdraw using webln», and watch your remaining sats return to your breez balance. How cool is that?\n\n-now: IF you want to experiment with moving YOUR coin onto breez, you have to make an on-chain transaction(recieve via btc adress) but breez assumes that you want any bitcoin on the lightning Network, and any recieved coin wil be on lightning. There are fees. \n\n-go read about lightning Network!\n\n-Lets keep this going: when you are done, if you can, return as many satoshis back to me as you can, that way i can give them to more people, and we give them the same experience. \n\n\n\nEdit: this really took off. I will keep up for as long as i can. Upvote and spread to friends. Give a friend some sats and lets just see how far this goes.\n\nHuge thanks to all those who helped sending sats, you are legends. I went to bed, and woke up to all of you stepping up to the plate and contributing. Kudos!\n\nEdit: No, you are not too late! I will keep sending and a lot of others are helping, When you get some, you can help as well. Lets just keep this noe going for anyone interested/curious', 'https://www.reddit.com/r/Bitcoin/comments/nshg13/i_will_help_you_onto_lightning_by_giving_away/', 'nshg13', [['u/halo_33_33', 10, '2021-06-05 00:54', 'https://www.reddit.com/r/Bitcoin/comments/nshg13/i_will_help_you_onto_lightning_by_giving_away/h0mhe9m/', "That's a fine gesture. I hope you find a flaw in human nature and get them back.", 'nshg13'], ['u/shitoshi-nokamoto', 10, '2021-06-05 01:04', 'https://www.reddit.com/r/Bitcoin/comments/nshg13/i_will_help_you_onto_lightning_by_giving_away/h0min8t/', 'I really do not expect that. If i spend some sats, that will be my contribution to the space. If this somehow becomes a sucsess and i run out, maybe some of it comes back, or some one else picks up the torch. The wonderful thing about LN is that i do not have to send a lot of sats to make it work.', 'nshg13'], ['u/mr_froachy', 12, '2021-06-05 02:26', 'https://www.reddit.com/r/Bitcoin/comments/nshg13/i_will_help_you_onto_lightning_by_giving_away/h0mry6j/', "I've really been wanting to try this but I've been hesitant for exactly the reasons you described. Got both wallet apps downloaded, here's the address. You're awesome!\n\nlnbc1pst4s76pp58xhm3afffvjtv0j8fxhhny3327dtq7zeeyjvt56thhdpvuz407zqdqu2askcmr9wssx7e3q2dshgmmndp5scqzpgxqyz5vqsp5t6e0yvly33yvy0lavqmrwg5yg6z44qf8z9syjq9sc7un2pm0qawq9qyyssquyn3v3y43afhvh0eft2zh4x3a5h3m55z2zr3tuqwef9zm2ehjuc8vwfer2jrpaxyr8vne5jv4g0v8w7zgslj62cv3vrjwucpv3rcy2gpde06hc", 'nshg13'], ['u/shitoshi-nokamoto', 10, '2021-06-05 02:31', 'https://www.reddit.com/r/Bitcoin/comments/nshg13/i_will_help_you_onto_lightning_by_giving_away/h0msikj/', '200 sent. 1 sat fee.\n \nReturn:\n\nlnbc1pst43v0pp5s3nmp6cdh4y5gg8kcwmqpgdy0ewup4c5l5dnnt9a2hmvnwl0yu9qdqu2askcmr9wssx7e3q2dshgmmndp5scqzpgxqyz5vqsp50shwltygnlnc66z2eg5n995pnhp0c93fufm72unvkh0shdalv74q9qyyssq5na7j28e4qrggdh08aql0x9rqd93mged4qnr966g9lrkzm2afmzkzaz9m6ad5gaqgt4ferv5lz3thgcaqk8elygu9d8s6myvrrwlwnsqueavhw', 'nshg13'], ['u/JSchuler99', 18, '2021-06-05 17:00', 'https://www.reddit.com/r/Bitcoin/comments/nshg13/i_will_help_you_onto_lightning_by_giving_away/h0ox8sv/', "I'm absolutely shocked by the amount of downvotes this thread is getting. Must have some bcash bigblockers lurking.", 'nshg13'], ['u/shitoshi-nokamoto', 10, '2021-06-05 17:04', 'https://www.reddit.com/r/Bitcoin/comments/nshg13/i_will_help_you_onto_lightning_by_giving_away/h0oxs2s/', 'Haha yeah, what the hell is that? I noticed early, but i still don’t get why.', 'nshg13'], ['u/JSchuler99', 11, '2021-06-05 17:07', 'https://www.reddit.com/r/Bitcoin/comments/nshg13/i_will_help_you_onto_lightning_by_giving_away/h0oy6su/', "Yeah lots of people seem against offchain scaling and I don't think they realize that just makes them bcashers whether they like it or not 😂😂😂", 'nshg13'], ['u/WSB_Prince', 13, '2021-06-05 20:59', 'https://www.reddit.com/r/Bitcoin/comments/nshg13/i_will_help_you_onto_lightning_by_giving_away/h0pr4oj/', "Amazing! Anyone who wants to get involved further setting up their own payment or routing node should head over the r/thelightningnetwork \n\nI'll open up some incoming liquidity to you!", 'nshg13']]], ['u/break_yo_self', 'Regulation is not your friend', 267, '2021-06-05 00:40', 'https://www.reddit.com/r/CryptoCurrency/comments/nshhjv/regulation_is_not_your_friend/', '**To those calling for regulation, ask yourself: what would Satoshi say?**\n\nThis may get downvoted to obscurity, but I have to get it off my chest. \n\nAll this clamoring for regulation of crypto markets is really sticking in my craw. Both in this sub and other online crypto spaces over the past few weeks (and loads today) there have been countless statements calling for regulation/complaining about lack of regulation. Ppl upset bc they believe this or that is market manipulation and that "they shouldnt be able to do that". **This is an anti-crypto mindset**, and needs to change if the vision of the founders of crypto will ever be truly realized.\n\nThe whole motivation behind the pioneers and early adopters of bitcoin - the people who built it and tested it and believed in it - was a currency to free them and their fellow man from reliance on fiat currencies. **Satoshi Nakamoto didn\'t make bitcoin so that ppl could toss a few month\'s rent from their savings into it to hopefully 2 or 3x their gains in a year and sell back into fiat.** The whole point of bitcoin was that you would use it as the currency. You\'d be selling *into* bitcoin to lock in profits, not selling *out* of it.\n\nWhy did they want this? Ever since the death of the gold standard, governments have played with their fiat currencies like gods and in many cases ruined the currency as a result of their hubris/ignorance/greed/all of the above. The people in the early crypto space knew this, and they wanted to build something that was immune to government - centralized power - control, precisely because of this shoddy track record (and the immense costs in human suffering as a result of ... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
35862.38, 33560.71, 33472.63, 37345.12, 36702.60, 37334.40, 35552.52, 39097.86, 40218.48, 40406.27
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['Bitcoin , BTC to USD, fell by 3.55% on Saturday. Following a 6.07% slide on Friday, Bitcoin ended the day at $35,535.0. A mixed start to the day saw Bitcoin rise to late morning intraday high $37,924.0 before hitting reverse. Falling short of the first major resistance level at $38,884, Bitcoin slid to a late intraday low $34,822.6. The extended sell-off saw Bitcoin fall through the first major support level at $35,195. Finding late support, however, Bitcoin broke back through the first major support level to end the day at $35,500 levels. The near-term bullish trend remained intact in spite of the fall back through to $35,000 levels. For the bears, Bitcoin would need a sustained fall through the 62% FIB of $27,237 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was a mixed day on Saturday. Bitcoin Cash SV bucked the trend, rising by 1.11%. It was a bearish day for the rest of the majors, however. Chainlink and Ripple’s XRP slid by 6.02% and by 5.02% to lead the way down. Cardano’s ADA (-3.08%), Ethereum (-2.28%), and Litecoin (-3.14%) also struggled. Binance Coin (-0.16%), Crypto.com Coin (-0.41%), and Polkadot (-1.45%) saw relatively modest losses on the day. In the current week, the crypto total market fell to a Monday low $1,450bn before rising to a Thursday high $1,774bn. At the time of writing, the total market cap stood at $1,582. Bitcoin’s dominance rose to a Monday high 44.17% before falling to a Thursday low 41.68%. At the time of writing, Bitcoin’s dominance stood at 42.01%. This Morning At the time of writing, Bitcoin was down by 0.16% to $35,477.0. A mixed start to the day saw Bitcoin rise to an early morning high $35,642.0 before falling to a low $35,461.0. Bitcoin left the major support and resistance levels untested early on. Elsewhere, it was also a bearish start to the day. At the time of writing, Crypto.com Coin was down by 2.62% to lead the way down. For the Bitcoin Day Ahead Bitcoin would need to move through the $36,094 pivot to bring the first major resistance level at $37,365 into play. Story continues Support from the broader market would be needed for Bitcoin to break back through to $37,000 levels. Barring a broad-based crypto rally, the first major resistance level and Saturday’s high $37,924.0 would likely cap any upside. In the event of an extended crypto rally, Bitcoin could test resistance at $40,000. The second major resistance level sits at $39,195. Failure to move through the $36,094 pivot would bring the first major support level at $34,264 into play. Barring another extended sell-off on the day, Bitcoin should steer clear of sub-$30,000. The second major support level at $32,993 should limit the downside. This article was originally posted on FX Empire More From FXEMPIRE: Ethereum, Litecoin, and Ripple’s XRP – Daily Tech Analysis – June 5th, 2021 The Week Ahead – Economic Data, the BoC, and the ECB to Keep the Markets Busy The Crypto Daily – Movers and Shakers – June 6th, 2021 The Crypto Daily – Movers and Shakers – June 5th, 2021 S&P 500 Weekly Price Forecast – Stock Markets Continue to Look Extraordinarily Bullish The Weekly Wrap – U.S Labor Market Data Gyrates the Global Financial Markets', 'Bitcoin, BTC to USD, fell by 3.55% on Saturday. Following a 6.07% slide on Friday, Bitcoin ended the day at $35,535.0.\nA mixed start to the day saw Bitcoin rise to late morning intraday high $37,924.0 before hitting reverse.\nFalling short of the first major resistance level at $38,884, Bitcoin slid to a late intraday low $34,822.6.\nThe extended sell-off saw Bitcoin fall through the first major support level at $35,195.\nFinding late support, however, Bitcoin broke back through the first major support level to end the day at $35,500 levels.\nThe near-term bullish trend remained intact in spite of the fall back through to $35,000 levels. For the bears, Bitcoin would need a sustained fall through the 62% FIB of $27,237 to form a near-term bearish trend.\nAcross the rest of the majors, it was a mixed day on Saturday.\nBitcoin Cash SVbucked the trend, rising by 1.11%.\nIt was a bearish day for the rest of the majors, however.\nChainlinkandRipple’s XRPslid by 6.02% and by 5.02% to lead the way down.\nCardano’s ADA(-3.08%),Ethereum(-2.28%), andLitecoin(-3.14%) also struggled.\nBinance Coin(-0.16%),Crypto.com Coin(-0.41%), and Polkadot (-1.45%) saw relatively modest losses on the day.\nIn the current week, the crypto total market fell to a Monday low $1,450bn before rising to a Thursday high $1,774bn. At the time of writing, the total market cap stood at $1,582.\nBitcoin’s dominance rose to a Monday high 44.17% before falling to a Thursday low 41.68%. At the time of writing, Bitcoin’s dominance stood at 42.01%.\nAt the time of writing, Bitcoin was down by 0.16% to $35,477.0. A mixed start to the day saw Bitcoin rise to an early morning high $35,642.0 before falling to a low $35,461.0.\nBitcoin left the major support and resistance levels untested early on.\nElsewhere, it was also a bearish start to the day.\nAt the time of writing, Crypto.com Coin was down by 2.62% to lead the way down.\nBitcoin would need to move through the $36,094 pivot to bring the first major resistance level at $37,365 into play.\nSupport from the broader market would be needed for Bitcoin to break back through to $37,000 levels.\nBarring a broad-based crypto rally, the first major resistance level and Saturday’s high $37,924.0 would likely cap any upside.\nIn the event of an extended crypto rally, Bitcoin could test resistance at $40,000. The second major resistance level sits at $39,195.\nFailure to move through the $36,094 pivot would bring the first major support level at $34,264 into play.\nBarring another extended sell-off on the day, Bitcoin should steer clear of sub-$30,000. The second major support level at $32,993 should limit the downside.\nThisarticlewas originally posted on FX Empire\n• Ethereum, Litecoin, and Ripple’s XRP – Daily Tech Analysis – June 5th, 2021\n• The Week Ahead – Economic Data, the BoC, and the ECB to Keep the Markets Busy\n• The Crypto Daily – Movers and Shakers – June 6th, 2021\n• The Crypto Daily – Movers and Shakers – June 5th, 2021\n• S&P 500 Weekly Price Forecast – Stock Markets Continue to Look Extraordinarily Bullish\n• The Weekly Wrap – U.S Labor Market Data Gyrates the Global Financial Markets', 'Financial payments company Square and bitcoin infrastructure firm Blockstream are teaming up to build a solar-powered bitcoin mining facility to show the world that bitcoin can be \x93green.\x94 Under terms of the agreement, Square will invest $5 million in the facility while Blockstream will provide know-how to build and manage the project. The facility will be located at an existing Blockstream location. The announcement comes as the environmental impact of mining for the world\x92s largest cryptocurrency has come under intense scrutiny . a development that reportedly has scared away some institutional investors and contributed to the recent decline in the price of bitcoin. \x93We hope to show that a renewable mining facility in the real world is not only possible but also prove empirically that Bitcoin accelerates the world toward a sustainable future,\x94 Blockstream said in a release announcing the project. For its part, Square tweeted that the venture will be creating a \x93public-facing dashboard to serve as a transparent case study for renewable energy and bitcoin mining.\x94 For Square, the venture is well in line with CEO Jack Dorsey\x92s stated love of bitcoin. Earlier Saturday, Dorsey, who is also Twitter CEO, was quoted as saying, \x93Bitcoin changes absolutely everything. I don\x92t think there is anything more important in my lifetime to work on.\x94 Related Stories Jack Dorsey Says Square Is Considering Developing a Bitcoin Hardware Wallet Gryphon Digital Mining to Become Publicly Traded on Nasdaq Via Merger With Sphere 3D Bitcoin\x92s Bull Market \x91May Have Come to an End,\x92 Says MRB Partners Argo Blockchain\x92s Bitcoin Holding Passes 1,000', 'Financial payments company Square and bitcoin infrastructure firm Blockstream are teaming up to build a solar-powered bitcoin mining facility to show the world that bitcoin can be \x93green.\x94 Under terms of the agreement, Square will invest $5 million in the facility while Blockstream will provide know-how to build and manage the project. The facility will be located at an existing Blockstream location. The announcement comes as the environmental impact of mining for the world\x92s largest cryptocurrency has come under intense scrutiny . a development that reportedly has scared away some institutional investors and contributed to the recent decline in the price of bitcoin. \x93We hope to show that a renewable mining facility in the real world is not only possible but also prove empirically that Bitcoin accelerates the world toward a sustainable future,\x94 Blockstream said in a release announcing the project. For its part, Square tweeted that the venture will be creating a \x93public-facing dashboard to serve as a transparent case study for renewable energy and bitcoin mining.\x94 For Square, the venture is well in line with CEO Jack Dorsey\x92s stated love of bitcoin. Earlier Saturday, Dorsey, who is also Twitter CEO, was quoted as saying, \x93Bitcoin changes absolutely everything. I don\x92t think there is anything more important in my lifetime to work on.\x94 Related Stories Jack Dorsey Says Square Is Considering Developing a Bitcoin Hardware Wallet Gryphon Digital Mining to Become Publicly Traded on Nasdaq Via Merger With Sphere 3D Bitcoin\x92s Bull Market \x91May Have Come to an End,\x92 Says MRB Partners Argo Blockchain\x92s Bitcoin Holding Passes 1,000', 'Financial payments company Square and bitcoin infrastructure firm Blockstream are teaming up to build a solar-powered bitcoin mining facility to show the world that bitcoin can be \x93green.\x94 Under terms of the agr **Last 60 Days of Bitcoin's Closing Prices:** [56048.94, 58323.95, 58245.00, 59793.23, 60204.96, 59893.45, 63503.46, 63109.70, 63314.01, 61572.79, 60683.82, 56216.18, 55724.27, 56473.03, 53906.09, 51762.27, 51093.65, 50050.87, 49004.25, 54021.75, 55033.12, 54824.70, 53555.11, 57750.18, 57828.05, 56631.08, 57200.29, 53333.54, 57424.01, 56396.52, 57356.40, 58803.78, 58232.32, 55859.80, 56704.57, 49150.54, 49716.19, 49880.54, 46760.19, 46456.06, 43537.51, 42909.40, 37002.44, 40782.74, 37304.69, 37536.63, 34770.58, 38705.98, 38402.22, 39294.20, 38436.97, 35697.61, 34616.07, 35678.13, 37332.86, 36684.93, 37575.18, 39208.77, 36894.41, 35551.96] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2021-06-06 **Financial & Commodity Data:** - Gold Closing Price: $1889.80 - Crude Oil Closing Price: $69.62 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $666,596,423,350 - Hash Rate: 156943254.27725816 - Transaction Count: 185305.0 - Unique Addresses: 467665.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.17 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: By Matt Scuffham and Danilo Masoni NEW YORK/MILAN (Reuters) - Shares eased from record peaks on Tuesday as optimism about a global economic recovery was dented by caution before a policy decision by the U.S. Federal Reserve and earnings updates from a number of blue-chip companies. MSCI's gauge of stocks across the globe shed 0.11%. The world index has risen 9% so far this year, underpinned by expectations that rising COVID-19 vaccination rates will allow more economies to recover and give a big boost to company profits. Earnings in Europe are expected to have risen 61% in the first quarter, while U.S. profits are seen up more than 31%, according to the latest Refinitiv IBES estimates. Many investors, however, stayed on the sidelines ahead of the Fed meeting which ends on Wednesday, when the U.S. central bank is expected to confirm that it will maintain its easy monetary policy to bolster the economy. One area of concern was India, which is struggling with surging coronavirus infections that have overwhelmed its healthcare system. Markets were also awaiting results from U.S. tech heavyweights Microsoft Corp and Alphabet Inc later on Tuesday. Companies that represent about 40% of the S&P 500's market capitalization report from Tuesday through Thursday. Some analysts say the recent rally has made stocks vulnerable to profit taking, given lofty valuations and high expectations going into the reporting season. "We've been in a significant rally for quite some time," said Tim Ghriskey, chief investment strategist at Inverness Counsel in New York. "The laws of gravity tell you that at some point we're going to see a pullback." Major U.S. indices were mixed. The Dow Jones Industrial Average rose 3.36 points, or 0.01%, to 33,984.93, the S&P 500 lost 0.9 points, or 0.02%, to 4,186.72 and the Nasdaq Composite dropped 48.56 points, or 0.34%, to 14,090.22. In Europe, bank results got the attention. Strong earnings sent shares in Europe's biggest bank by assets, HSBC, up 4.2%, while UBS fell 2.0% after a surprise hit linked to the collapse of hedge fund Archegos. The pan-European STOXX 600 index slipped 0.1%. Graphic: World stocks PE - https://fingfx.thomsonreuters.com/gfx/mkt/jznpnaggavl/World%20stocks%20PE.JPG Palladium prices hit a record, spurred by persistent supply worries, while gold held a narrow range as investors awaited policy signals from the Fed's meeting. Palladium hit a record of $2,962.50 per ounce. Spot gold dropped 0.3% to $1,775.57 an ounce. U.S. gold futures settled down 0.1% at $1,778.8 an ounce. Oil rebounded as optimism ahead of a meeting of producer group OPEC+ to discuss output policy offset concern that India's coronavirus crisis could dent a recovery in fuel demand. U.S. crude futures settled at $62.94 per barrel, up $1.03 or 1.66%. Brent crude futures settled at $66.42 per barrel, up 77 cents or 1.17%. The dollar hovered near multiweek lows versus other major currencies, but moves were narrow as traders avoided taking out big positions before a bond auction and the Fed meeting. The dollar index rose 0.024%. "Nobody really believes that the Fed will change its forward guidance, but, just in case, investors appear to be loading up on U.S. dollar as a hedge," said OANDA analyst Jeffrey Halley. Bond traders were closely watching an auction of $62 billion of seven-year U.S. Treasuries later on Tuesday. Benchmark 10-year notes last fell 16/32 in price to yield 1.627%, from 1.57% late on Monday. Bitcoin rose 1% to $54,636. The world's most popular cryptocurrency soared nearly 10% on Monday, after five straight days of losses, on reports that JPMorgan Chase is planning to offer a managed Bitcoin fund. Bitcoin had slumped almost a fifth from an all-time high hit this month. (Reporting by Matt Scuffham in New York and Danilo Masoni in Milan; Editing by Estelle Shirbon, Will Dunham, John Stonestreet and Jonathan Oatis)... - Reddit Posts (Sample): [['u/tag654', 'So what now.', 115, '2021-06-06 00:05', 'https://www.reddit.com/r/SHIBADULTS/comments/nt6o2k/so_what_now/', "Its been a super stagnant month.\n\nI don't think BTC is gonna hold up after this musk stuff.\n\nI think we are definitely going to hit 28K btc.\n\nSucks that I can't trade anything. Too risky to trade with a looming swap around the corner.\n\n\n---\n\nSo what now.\n\n-----\n\nWell, for most ppl it'd be a great buying time. At 28K, shib should roughly be 0.000004-05\n\nYou'd be getting it half off at .00001 price point\nAnd from all time high thatd be almost 8x discount.\n\nPretty good.\n\n----\n\nFor those who really don't wanna buy more (me included)\n\nWe just wait for swap\n\n------\n\nThe updates so far ///\n\n- Swap posted its first tweet today on @ShibaSwap \n(its not shib informer -- he gave the @ to shytoshi)\n\nPretty sure Shytoshi tweeted that. Could be wrong though\n\n- The address that VB sent his remaining 5% Shib to sold today according to reports.\n\n- Indian Fund still hold 30T shiba. They won't sell until 1200. They always sell around that price point , so they'll be holding for awhile.\n\n- Elon Musk got called out by Anonymous for market manipulation today. Elon Blacked out his Twitter profile and stopped tweeting after this. \n(Weird timeline we are on eh?)\n\n- AMC stock rose and fell (similar to first week of GME)\nThough GME popped off on the second week. :) \nGood way to make small gains --> Shib.\n Sell at 100$ /share. Not F.A.\n\n============\n\n\nHonestly with everything going on. Just keep dip buying and holding. I believe in Shib and will be on Vacay all this month trying to just keep it all in the background. Hoping everything gets launched this month. According to Shytoshi saying at least a week from June 1st or 2nd.\n\nI'm assuming swap will be out before Wed.\nIf swap is finished and Certik has checked everything but the last bit of code they just sent (they don't work on the weekends) then Im assuming either Mon/Tues/Wed \n\n\nTo me, it'd be kinda crazy if it wasn't next week with all the hints we've had. But thats just me.\n\n\nThanks for hearing my TedTalk. \n\n\n\nOff Topic: Let me know what cool things you plan to do this summer?! Hopefully with covid regulations lifting most places!!\n\n\nDon't forget to upvote if you like posts like these.\n\nThanks.\n\n- Pup Whale", 'https://www.reddit.com/r/SHIBADULTS/comments/nt6o2k/so_what_now/', 'nt6o2k', [['u/Whoistherealbobbins', 14, '2021-06-06 00:36', 'https://www.reddit.com/r/SHIBADULTS/comments/nt6o2k/so_what_now/h0qgkrn/', 'Good times, always a good read, wish all of you a good summer. Regardless of Crypto, Elon and the Internet in general ;)', 'nt6o2k'], ['u/Wipeclean1', 14, '2021-06-06 00:45', 'https://www.reddit.com/r/SHIBADULTS/comments/nt6o2k/so_what_now/h0qhlnj/', "Honestly. I would love to buy on the dips, but, maxed out in terms of liquidity to spend more. Right now I'm having my fist drink in a pub for almost nine months. That's my holiday right there.", 'nt6o2k']]], ['u/kadudu888', 'What does El Salvador mean by making Bitcoin a “legal tender”? Does it mean it is removing USD (its native currency) and using Bitcoin instead nationwide?', 15, '2021-06-06 00:26', 'https://www.reddit.com/r/Bitcoin/comments/nt72xg/what_does_el_salvador_mean_by_making_bitcoin_a/', 'I hope thats what it means.....becoz......otherwise what is the big fuss about?\n\nP.S. I had to check google map to see where the country is.', 'https://www.reddit.com/r/Bitcoin/comments/nt72xg/what_does_el_salvador_mean_by_making_bitcoin_a/', 'nt72xg', [['u/rtmullen3', 27, '2021-06-06 00:36', 'https://www.reddit.com/r/Bitcoin/comments/nt72xg/what_does_el_salvador_mean_by_making_bitcoin_a/h0qgkk6/', 'Legal tender is money that must be accepted in the repayment of a debt.\n\nThis means that if you owe someone money in El Salvador, and attempt to pay them in bitcoin, they are legally obligated to accept it as payment.', 'nt72xg'], ['u/rtmullen3', 11, '2021-06-06 00:49', 'https://www.reddit.com/r/Bitcoin/comments/nt72xg/what_does_el_salvador_mean_by_making_bitcoin_a/h0qi2c5/', 'It’s an asset. If you go to the gas station down the street, fill up your tank, and try to pay them in gold they do not have to accept it. If you try to pay them in pennies they do have to accept it.\n\nPennies are legal tender, gold is not.', 'nt72xg'], ['u/rtmullen3', 10, '2021-06-06 01:17', 'https://www.reddit.com/r/Bitcoin/comments/nt72xg/what_does_el_salvador_mean_by_making_bitcoin_a/h0ql55f/', 'Sorry you’ll need to look elsewhere for El Salvadorian tax advice. 🤓', 'nt72xg']]], ['u/shadow2995', 'Cryptocurrencies f*cked my mental health !', 30, '2021-06-06 00:28', 'https://www.reddit.com/r/CryptoMarkets/comments/nt74ec/cryptocurrencies_fcked_my_mental_health/', "Whether things are going up or down , you just feel the constant pressure on your mind . You have to make so many decisions everyday in this market , but you have no idea about it . should I sell ? should I buy more ? what if this is the top ? what if I'm wrong about this ?\nThis doubt , uncertainty and constant anxiety are killing me . \nI feel like my mind is a CPU that 80% of its capacity is used at any moment with thoughts about the crypto market .\nThere are always many huge gains that you're missing .\n\nFeeling regrets about coins you sold but went 100x after that . \nFeeling that everybody got rich , even the most stupid people you know got rich by some random meme coins , without knowing a thing about bitcoin or blockchain , but you didn't . Even though you put so much more time and effort than them , been longer here , learned more than them about crypto , but it was all for nothing . \n\nyeah , I made some money off crypto and I'm not ungrateful , but it's nothing compare to huge gains of many people that I know .\nIt's not all about money , It's more about how I'm feeling about myself . I feel like a coward loser .\nI didn't use this great opportunity properly and I'm afraid that I might never see something like that again in my life .", 'https://www.reddit.com/r/CryptoMarkets/comments/nt74ec/cryptocurrencies_fcked_my_mental_health/', 'nt74ec', [['u/toocold2hold', 35, '2021-06-06 00:30', 'https://www.reddit.com/r/CryptoMarkets/comments/nt74ec/cryptocurrencies_fcked_my_mental_health/h0qfy43/', 'Just never sell and invest only what you are willing to lose and you’ll be a lot more zen', 'nt74ec'], ['u/toocold2hold', 19, '2021-06-06 00:52', 'https://www.reddit.com/r/CryptoMarkets/comments/nt74ec/cryptocurrencies_fcked_my_mental_health/h0qidxu/', 'No stop losses here we die like men', 'nt74ec'], ['u/id_death', 10, '2021-06-06 03:12', 'https://www.reddit.com/r/CryptoMarkets/comments/nt74ec/cryptocurrencies_fcked_my_mental_health/h0qxjgk/', 'This is the way.', 'nt74ec'], ['u/G_o_O_s', 12, '2021-06-06 03:44', 'https://www.reddit.com/r/CryptoMarkets/comments/nt74ec/cryptocurrencies_fcked_my_mental_health/h0r0sig/', 'I understand where you are coming from. You have to get yourself out of the mind set of booking quick gains. If you\'re not an experienced trader doing this for your 9-5... Yea you are gonna liquefy your brain. \n\nResearch 6 or so cryptos that you think might be worth while in a real world role, and buy small chunks on dips of 10% or more. Do not risk more money than you are comfortable losing. Also realize you don\'t lose until you sell for a loss. Crypto holdings don\'t expire. So as long as you don\'t need the money, you can hodl through all the FUD and BS tweets.\n\nThe market is human psychology in digital form. It\'s designed to psych you out to make you buy the top or sell the bottom. No one knows a damn thing. It\'s best just to follow your own plan. \n\nIf you find yourself losing your shit, put your phone down (or log off the computer) and do something else for an hour. Then come back with a clear head and rethink the situation. \n\nTry hold rather than sell for loss. If you just cant bring yourself to do that and the pain is too great, do what make you feel better. \n\nI always like to think of what Warren Buffett says about the market:. "The stock market is a device for transferring money from the impatient to the patient.". \n\nSay that to yourself before hitting the buy or sell button. No matter what you\'re trading or investing in. \n\nGood luck! 😁', 'nt74ec']]], ['u/REXdeAURUM', 'The silver squeeze will be bigger than Bitcoin, GME, and AMC combined.', 245, '2021-06-06 00:38', 'https://www.reddit.com/r/Wallstreetsilver/comments/nt7bp6/the_silver_squeeze_will_be_bigger_than_bitcoin/', ' \n\nThere are a few major differences between a squeeze in crypto or stocks, and Metals. With Crypto there is no use case for a digital asset whereas Gold and Silver have a heavy industrial use, thousands of years of use in jewelry and are still to this day used as a reserve asset in central banks around the world. With stock companies can end the squeeze at any time by issuing as many shares as they want like AMC is doing right now to kill the AMC squeeze. \n\nMetal on the other hand is in short supply. That supply is even shorter when you consider that the COMEX and various central banks are very likely lying about the amount of gold and silver, they really have, to suppress the price and make a profit.\n\nIf you look at the major retailers like APMEX, they are almost completely sold out and are charging higher premiums because of it. These retailers then must demand delivery of their silver futures to make more coins to sell to the public. At some point the COMEX will have to reject physical delivery to these companies because they do not have the physical metal to back it up. Once that day comes the price of Gold and Silver are going ballistic beyond anything we have seen before.\n\nThere is not more silver you can print to make up for the shortage, there is no company that can issue silver. Once enough people start to buy and HODL silver the game is over, the vaults will have ... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
33560.71, 33472.63, 37345.12, 36702.60, 37334.40, 35552.52, 39097.86, 40218.48, 40406.27, 38347.06
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ["By Gina Lee\nInvesting.com – Gold was down on Monday morning in Asia after lower-than-expected U.S. nonfarm payrolls data released during the previous week eased investors’ concerns that the U.S. Federal Reserve would tighten its current dovish monetary policy.\nGold futures edged down 0.12% to $1,889.75 by 12:04 PM ET (4:04 AM GMT). The dollar, which usually moves inversely to gold, inched up on Monday while the benchmark 10-year U.S. Treasury yield slipped below 1.6%.\nData released on Friday said thatnon-farm payrollsin May increased to 559,000, higher than April’s 278,000 reading but below 650,000 figure in forecasts prepared by Investing.com. The lower-than-expected figure eased investors’ concerns about potential runaway inflation and earlier-than-expected interest rate hikes.\nMeanwhile, U.S. Treasury SecretaryJanet Yellensaid on Sunday that U.S. President Joe Biden’s $4 trillion spending plan would be good for the U.S. even if it results in inflation that persists into 2022 and interest rate hikes.\n“If we ended up with a slightly higher interest rate environment it would actually be a plus for society’s point of view and the Fed’s point of view,” Yellen told Bloomberg.\nSome investors remained cautiously optimistic.\n“We are seeing some long covering in Asia today, with risk hedges being unwound after an uneventful news weekend, helped by a slightly stronger dollar and with Bitcoin rallying... although gold has corrected in recent sessions, the bullish fundamentals remain in place. Only a sharp steepening of the U.S. yield curve is likely to change that,” Jeffrey Halley, OANDA senior market analyst, told Reuters.\nInvestors now await the European Central Bank's policy decision, due to be handed down on Thursday. The Fed is also scheduled to meet from Jun. 15 to 16.\nOn the demand front, India, the second-largest gold consumer globally, posted the biggest discounts in eight and a half months last week as the number of COVID-19 cases in India topped 28.8 million as of Jun 7, according to Johns Hopkins University data.\nIn other precious metals, silver dropped 0.7% and palladium fell 0.3%, while platinum edged up 0.2%.\nRelated Articles\nGold\u202f Down over Soft U.S. Jobs Data\nOil eases as investors await Iran nuclear talks this week\nGold Holds Advance After U.S. Jobs Data, Yellen’s Comments", "By Gina Lee Investing.com – Gold was down on Monday morning in Asia after lower-than-expected U.S. nonfarm payrolls data released during the previous week eased investors’ concerns that the U.S. Federal Reserve would tighten its current dovish monetary policy. Gold futures edged down 0.12% to $1,889.75 by 12:04 PM ET (4:04 AM GMT). The dollar, which usually moves inversely to gold, inched up on Monday while the benchmark 10-year U.S. Treasury yield slipped below 1.6%. Data released on Friday said that non-farm payrolls in May increased to 559,000, higher than April’s 278,000 reading but below 650,000 figure in forecasts prepared by Investing.com. The lower-than-expected figure eased investors’ concerns about potential runaway inflation and earlier-than-expected interest rate hikes. Meanwhile, U.S. Treasury Secretary Janet Yellen said on Sunday that U.S. President Joe Biden’s $4 trillion spending plan would be good for the U.S. even if it results in inflation that persists into 2022 and interest rate hikes. “If we ended up with a slightly higher interest rate environment it would actually be a plus for society’s point of view and the Fed’s point of view,” Yellen told Bloomberg. Some investors remained cautiously optimistic. “We are seeing some long covering in Asia today, with risk hedges being unwound after an uneventful news weekend, helped by a slightly stronger dollar and with Bitcoin rallying... although gold has corrected in recent sessions, the bullish fundamentals remain in place. Only a sharp steepening of the U.S. yield curve is likely to change that,” Jeffrey Halley, OANDA senior market analyst, told Reuters. Investors now await the European Central Bank's policy decision, due to be handed down on Thursday. The Fed is also scheduled to meet from Jun. 15 to 16. On the demand front, India, the second-largest gold consumer globally, posted the biggest discounts in eight and a half months last week as the number of COVID-19 cases in India topped 28.8 million as of Jun 7, according to Johns Hopkins University data. Story continues In other precious metals, silver dropped 0.7% and palladium fell 0.3%, while platinum edged up 0.2%. Related Articles Gold\u202f Down over Soft U.S. Jobs Data Oil eases as investors await Iran nuclear talks this week Gold Holds Advance After U.S. Jobs Data, Yellen’s Comments", 'Logan Paul lost his only previous professional boxing match against fellow YouTuber KSI (YouTube/ DAZN) Undefeated five division boxing champion Floyd Mayweather , widely considered to be the greatest pound-for-pound fighter of his generation, is set to take on Logan Paul , a YouTube star most famous for once filming a dead body. If Paul manages to somehow win the fight, his legacy may well be rewritten as the first ever person to defeat the boxing superstar. The controversial YouTuber will have plenty of fans hoping he does just that, though none of his 23 million followers will actually be able to watch the fight for free on the popular video-sharing platform. Instead, the 6 June bout (8pm-10pm ET) will be broadcast as a pay-per-view (PPV) contest on Fanmio , for the cost of $49.99. People in the UK can watch it on Sky Sports Box Office for £16.95, with coverage beginning at 11.55pm. The price will likely lead fight fans to seek out a free live stream that allow them to watch the contest online without paying. The streams may be illegal but a lack of police interference with those watching them has led to what some experts have referred to as the “golden age” of piracy . In the build up to the match, links to free streams were already spreading across the internet , shared on social media platforms like Facebook and Twitter, as well as within dedicated forums on sites like Reddit. In an effort to crackdown on the spread of free live streams, intellectual property rights organisations have recently been working closely with police to crackdown on people watching the illegal content, rather than simply the people who host it. (USA TODAY Sports) The Federation Against Copyright Theft (FACT) teamed up with the Lancashire Police Cyber Crime Unit in December in order to send warning notices to more than 7,000 people in the UK suspected of watching illegal live streams. “We are pleased to give our full support to Lancashire Police in sending a really clear message to those choosing to consume content illegally,” said Kieron Sharp, CEO of anti- piracy organisation FACT. Story continues “This is taken very seriously by the police and these notices are a direct and alarming wake up call for people using illegal streams.” Cyber security experts have also warned of the risks involved in watching free online streams of high-profile boxing fights and other blockbuster PPV events. Sites claiming to offer illicit streams have often been associated with phishing campaigns, designed to capture a person’s private details. Sime links may even contain hidden ramsomware software designed to install itself on a victim’s device and block their access to it until a ransom is paid. Read More Bitcoin price – live: Elon Musk says ‘new space race has begun’ as crypto market settles Nasa starts investigation into UFO recorded by Navy pilots who are ‘sure that they saw something real’ Google fined €220 million after being accused of ‘abuse of power’ by French antitrust regulator', 'Logan Paul lost his only previous professional boxing match against fellow YouTuber KSI (YouTube/ DAZN) Undefeated five division boxing champion Floyd Mayweather , widely considered to be the greatest pound-for-pound fighter of his generation, is set to take on Logan Paul , a YouTube star most famous for once filming a dead body. If Paul manages to somehow win the fight, his legacy may well be rewritten as the first ever person to defeat the boxing superstar. The controversial YouTuber will have plenty of fans hoping he does just that, though none of his 23 million followers will actually be able to watch the fight for free on the popular video-sharing platform. Instead, the 6 June bout (8pm-10pm ET) will be broadcast as a pay-per-view (PPV) contest on Fanmio , for the cost of $49.99. People in the UK can watch it on Sky Sports Box Office for £16.95, with coverage beginning at 11.55pm. The price will likely lead fight fans to seek out a free live stream that allow them to watch the contest online without paying. The streams may be illegal but a lack of police interference with those watching them has led to what some experts have referred to as the “golden age” of piracy . In the build up to the match, links to free streams were already spreading across the internet , shared on social media platforms like Facebook and Twitter, as well as within dedicated forums on sites like Reddit. In an effort to crackdown on the spread of free live streams, intellectual property rights organisations have recently been working closely with police to crackdown on people watching the illegal content, rather than simply the people who host it. (USA TODAY Sports) The Federation Against Copyright Theft (FACT) teamed up with the Lancashire Police Cyber Crime Unit in December in order to send warning notices to more than 7,000 people in the UK suspected of watching illegal live streams. “We are pleased to give our full support to Lancashire Police in sending a really clear message to those choosing to consume content illegally,” said Kieron Sharp, CEO of anti- piracy organisation FACT. Story continues “This is taken very seriously by the police and these notices are a direct and alarming wake up call for people using illegal streams.” Cyber security experts have also warn **Last 60 Days of Bitcoin's Closing Prices:** [58323.95, 58245.00, 59793.23, 60204.96, 59893.45, 63503.46, 63109.70, 63314.01, 61572.79, 60683.82, 56216.18, 55724.27, 56473.03, 53906.09, 51762.27, 51093.65, 50050.87, 49004.25, 54021.75, 55033.12, 54824.70, 53555.11, 57750.18, 57828.05, 56631.08, 57200.29, 53333.54, 57424.01, 56396.52, 57356.40, 58803.78, 58232.32, 55859.80, 56704.57, 49150.54, 49716.19, 49880.54, 46760.19, 46456.06, 43537.51, 42909.40, 37002.44, 40782.74, 37304.69, 37536.63, 34770.58, 38705.98, 38402.22, 39294.20, 38436.97, 35697.61, 34616.07, 35678.13, 37332.86, 36684.93, 37575.18, 39208.77, 36894.41, 35551.96, 35862.38] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2021-06-07 **Financial & Commodity Data:** - Gold Closing Price: $1896.80 - Crude Oil Closing Price: $69.23 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $668,552,174,344 - Hash Rate: 139156352.12583557 - Transaction Count: 235479.0 - Unique Addresses: 615279.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.15 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: The Bitcoin (BTC) price decreased considerably last week, reaching its lowest levels since Jan. 2021. However, it has managed to create a higher low above the $30,000 support area. Last week, BTC created another bearish candlestick. The decrease took it to the $30,000 support area that was created in January 2021. The price has recovered slightly since and is attempting to reclaim the $34,300 area. This is the 0.5 Fib retracement level of the entire previous upward movement. It has yet to reach a close below this level amid the current correction. However, technical indicators are decisively bearish. The RSI has crossed below 50 while the Stochastic oscillator has made a bearish cross. Furthermore, the MACD is close to turning negative. The daily chart is similarly bearish. The MACD is negative, the Stochastic oscillator is decreasing, and the RSI is in oversold territory. However, there is a bullish divergence developing in the RSI, which is in the process of crossing above 30. In addition, this has been combined with two long lower wicks, both signs of buying pressure. The closest resistance levels are found at $41,200 and $48,200. These are the 0.382 and 0.618 Fib retracement resistance levels, respectively. The six-hour chart appears to be more bullish. It shows a very pronounced bullish divergence in both the MACD and RSI. The former is very close to crossing into positive territory. This is a possible sign of a trend reversal, at least in the short term. The two-hour chart shows a potential descending resistance line in place. However, similar to the six-hour chart, both the MACD and RSI have generated an even more significant bullish divergence. The MACD has also crossed into the positive territory. As a result, a breakout from the descending resistance line is likely. Bitcoin is expected to break out from a descending resistance line and gradually increase towards the resistance levels at $41,200 and possibly $48,200. For BeInCrypto’s previousbitcoin(BTC) analysis,clickhere.... - Reddit Posts (Sample): [['u/SolorMining', 'New to CryptoCurrency/Blockchain and want to learn about Finance and Economics? Here are some FREE Educational Courses on Finance, Economics, CryptoCurrency, and even Math and Law (US). Spend the Summer learning, for free.', 457, '2021-06-07 01:07', 'https://www.reddit.com/r/CryptoCurrency/comments/nty72l/new_to_cryptocurrencyblockchain_and_want_to_learn/', 'Last month I made a post about Free Educational courses on [Learning to become a Developer](https://www.reddit.com/r/CryptoCurrency/comments/n5jz6w/want_to_become_a_crypto_developer_here_is_a_list/). The post became very popular and I hope it inspired many people to begin down that path, as they CryptoCurrency industry certainly could use more developers!\n\nOne thing the CryptoCurrency industry could also use more of, is Finance and Economy experts. Because of this, I decided to compile another list of Free Educational courses on Finance, Economics, and related topics.\n\nAs with the previous post, all courses listed here are Free to take, and come with Free Certificates of Competition or Digital Badge equivalents. The main providers are Saylor Academy and National Paralegal College.\n\n​\n\n**Finance**\n\n* [BUS101: Introduction to Business (Saylor Academy)](https://learn.saylor.org/course/view.php?id=3)\n* [BUS103: Introduction to Financial Accounting (Saylor Academy)](https://learn.saylor.org/course/view.php?id=52)\n* [BUS105: Managerial Accounting (Saylor Academy)](https://learn.saylor.org/course/view.php?id=53)\n* [BUS202: Principles of Finance (Saylor Academy)](https://learn.saylor.org/course/view.php?id=63)\n* [BUS204: Business Statistics (Saylor Academy)](https://learn.saylor.org/course/view.php?id=109)\n\n​\n\n**Economics**\n\n* [ECON101: Principles of Microeconomics (Saylor Academy)](https://learn.saylor.org/course/view.php?id=8)\n* [ECON102: Principles of Macroeconomics (Saylor Academy)](https://learn.saylor.org/course/view.php?id=9)\n* [ECON201: Intermediate Microeconomics (Saylor Academy)](https://learn.saylor.org/course/view.php?id=35)\n* [ECON202: Intermediate Macroeconomics (Saylor Academy)](https://learn.saylor.org/course/view.php?id=36)\n* [ECON307: International Trade (Saylor Academy)](https://learn.saylor.org/course/view.php?id=37)\n\n​\n\n**CryptoCurrency / Blockchain**\n\n* [Bitcoin for Everybody (Saylor Academy)](https://learn.saylor.org/course/view.php?id=468)\n* [Blockchain Essentials (IBM)](https://cognitiveclass.ai/courses/blockchain-course)\n* [How to Do Online Trading: A Complete Newbie Guide (BitDegree)](https://www.bitdegree.org/course/how-to-do-online-trading)\n* [DFIN 511: Introduction to Digital Currencies (UNIC) **(Starts Sept 27th)**](https://www.unic.ac.cy/blockchain/free-mooc/)\n\n​\n\n**Bonus: Math**\n\n* [MA001: College Algebra (Saylor Academy)](https://learn.saylor.org/course/view.php?id=24)\n* [MA005: Calculus I (Saylor Academy)](https://learn.saylor.org/course/view.php?id=25)\n* [MA111: Introduction to Mathematical Reasoning (Saylor Academy)](https://learn.saylor.org/course/view.php?id=27)\n* [MA121: Introduction to Statistics (Saylor Academy)](https://learn.saylor.org/course/view.php?id=28)\n\n​\n\n**Bonus: Law (US-only)**\n\n* [BUS205: Business Law (Saylor Academy)](https://learn.saylor.org/course/view.php?id=89)\n* [Basics of Accounting (National Paralegal College)](https://lawshelf.com/videocoursescontentview/basics-of-accounting/)\n* [Business Organizations (National Paralegal College)](https://lawshelf.com/videocoursescontentview/business-organizations/)\n* [Business Operating Agreements (National Paralegal College)](https://lawshelf.com/videocoursescontentview/business-operating-agreements/)\n* [Security Regulation (National Paralegal College)](https://lawshelf.com/videocoursescontentview/securities-regulation)\n* [Stock and Stock Transfers (National Paralegal College)](https://lawshelf.com/videocoursescontentview/stocks-and-stock-transfer)\n* [Debtor and Creditor Law (National Paralegal College)](https://lawshelf.com/videocoursescontentview/debtor-and-creditor-law)\n* [Consumer Protection (National Paralegal College)](https://lawshelf.com/videocoursescontentview/consumer-protection-/)\n* [Commercial Payments (National Paralegal College)](https://lawshelf.com/videocoursescontentview/commercial-payments/)\n* [Cyber Law (National Paralegal College)](https://lawshelf.com/videocoursescontentview/-cyberlaw/)\n* [Insurance Law (National Paralegal College)](https://lawshelf.com/videocoursescontentview/insurance-law/)\n* [Secured Transactions (National Paralegal College)](https://lawshelf.com/videocoursescontentview/secured-transactions/)\n* [Basics of Contract Law (National Paralegal College)](https://lawshelf.com/videocoursescontentview/contracts-law-basics)\n* [Negotiating and Drafting Contracts (National Paralegal College)](https://lawshelf.com/videocoursescontentview/negotiating-and-drafting-contracts)\n* [Sales of Goods (National Paralegal College)](https://lawshelf.com/videocoursescontentview/sales-of-goods)\n* [Acquiring Copyright Protection (National Paralegal College)](https://lawshelf.com/videocoursescontentview/acquiring-copyright-protection)\n* [Copyright Enforcement and Defense (National Paralegal College)](https://lawshelf.com/videocoursescontentview/copyright-enforcement)\n* [Basics of Patent Law (National Paralegal College)](https://lawshelf.com/videocoursescontentview/basics-of-patent-law)\n* [Trademarks (National Paralegal College)](https://lawshelf.com/videocoursescontentview/trademarks)\n* [Basics of Federal Taxation (National Paralegal College)](https://lawshelf.com/videocoursescontentview/fed-inc-tax)\n* [State and Local Taxation (National Paralegal College)](https://lawshelf.com/videocoursescontentview/state-and-local-taxation)\n\n​\n\nHappy learning friends!\n\n(Note: If you have additional Educational Resources, please post them in the comments and I will update this list accordingly.)', 'https://www.reddit.com/r/CryptoCurrency/comments/nty72l/new_to_cryptocurrencyblockchain_and_want_to_learn/', 'nty72l', [['u/DoctorModalus', 13, '2021-06-07 01:09', 'https://www.reddit.com/r/CryptoCurrency/comments/nty72l/new_to_cryptocurrencyblockchain_and_want_to_learn/h0ujobb/', 'Commenting in a epic thread.', 'nty72l'], ['u/SolorMining', 44, '2021-06-07 01:10', 'https://www.reddit.com/r/CryptoCurrency/comments/nty72l/new_to_cryptocurrencyblockchain_and_want_to_learn/h0ujp0s/', 'You know what I like better than this Lambo? Knowledge!', 'nty72l'], ['u/cm2_0', 30, '2021-06-07 01:12', 'https://www.reddit.com/r/CryptoCurrency/comments/nty72l/new_to_cryptocurrencyblockchain_and_want_to_learn/h0ujzgh/', 'Well, I created a post that collects all the cringiest videos of the cryptocurrency community. \n\nYou created a post that collects all this important knowledge. \n\nNow I feel useless.', 'nty72l'], ['u/TakingChances01', 11, '2021-06-07 01:17', 'https://www.reddit.com/r/CryptoCurrency/comments/nty72l/new_to_cryptocurrencyblockchain_and_want_to_learn/h0uklo7/', 'Upvote for your efforts so you don’t feel too worthless.', 'nty72l']]], ['u/Davinter30', 'Russian underground forum running a contest for hacking cryptocurrencies, nfts. Prizes are on offer (100 000$) for everything from stealing wallet funds to compromising NFTs.', 28, '2021-06-07 01:41', 'https://www.reddit.com/r/CryptoCurrency/comments/ntyu34/russian_underground_forum_running_a_contest_for/', 'Over the past month, according to\xa0Intel 471, operators of Russian underground forums have been running a competition asking for papers that examine "how to target cryptocurrency-related technology."\n\n\nStarting April 20, the contest requests unorthodox methods covering everything from the theft of private keys and wallets used to store cryptocurrency including Bitcoin (BTC) and Ethereum (ETH) to submissions for "unusual" cryptocurrency mining software, as well as proposals relating to smart contracts and non-fungible tokens (NFTs).\n\nAccording to the team, proposals were accepted over 30 days with the forum administrator claiming that $100,000 in prizes would be awarded to the \'best\' research -- and a further $15,000 was shortly added to the pool.\xa0', 'https://www.reddit.com/r/CryptoCurrency/comments/ntyu34/russian_underground_forum_running_a_contest_for/', 'ntyu34', [['u/Yatakak', 20, '2021-06-07 01:48', 'https://www.reddit.com/r/CryptoCurrency/comments/ntyu34/russian_underground_forum_running_a_contest_for/h0uo509/', '$115,000 seems fuck all in exchange for the ability to steal millions...', 'ntyu34']]], ['u/roberthonker', 'Miner fees are very low right now. This is a good time to get some transaction done.', 23, '2021-06-07 01:42', 'https://www.reddit.com/r/CryptoCurrency/comments/ntyuki/miner_fees_are_very_low_right_now_this_is_a_good/', 'ETH gas fees are currently 10 Gwei or 60 cents\n\nBTC fees are 1-3 sat/vb so less than 10 cents in some cases\n\nThis is a great time to get your transactions done that you were putting off due to the ridiculous fees.', 'https://www.reddit.com/r/CryptoCurrency/comments/ntyuki/miner_fees_are_very_low_right_now_this_is_a_good/', 'ntyuki', [['u/GaudExMachina', 10, '2021-06-07 02:31', 'https://www.reddit.com/r/CryptoCurrency/comments/ntyuki/miner_fees_are_very_low_right_now_this_is_a_good/h0usv5d/', 'Yes....hurry up and transact, miners are starving', 'ntyuki']]], ['u/AutoModerator', 'Daily June 07, 2021 [All Questions Here Please]', 29, '2021-06-07 02:00', 'https://www.reddit.com/r/ergonauts/comments/ntz6on/daily_june_07_2021_all_questions_here_please/', ' \n\nWelcome Ergonauts\n\nPlease address all questions in this thread (or FAQ). \n\nDirect all posts regarding mining to r/erg_miners\n\nDirect all posts regarding trading/buying to r/ErgoTrading\n\nDirect all posts regarding NFTs to r/ErgoNFTs\n\nThe following information is provided to help answer any common questions you may have.\n\n​\n\n1. [Read the Manifest... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
33472.63, 37345.12, 36702.60, 37334.40, 35552.52, 39097.86, 40218.48, 40406.27, 38347.06, 38053.50
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['When Zennia Barahona walks her Shiba Inu dog named Luna, passersby often stare, point their fingers, and even shout.\n“People see her and say, ‘It’s the Doge dog,’” says Barahona, referring to Dogecoin, the hot cryptocurrency that features a fluffy Shibu Inu in its logo.\nThe recent rise of Dogecoin and its buzzy crypto cousin,Shiba Inu coin, which also uses its namesake breed as a mascot, have made Shiba Inu dogs a hot commodity. Fans of digital currencies, along with people with a nose for trends, are snapping up Shiba Inu puppies, creating a boom for the teddy bear-ish dogs that parallels the soaring cryptocurrency market.\nBut there\'s a downside to the breed\'s new-found popularity. Puppy mills are starting to churn out the dogs to meet the rising demand, leading to overbreeding that has translated into health complications and deformities.\nMeanwhile, first-time owners are unaware of the breed’s sometimes difficult temperament. The result: Shibas are being dumped, leaving shelters and rescue organizations overwhelmed.\n“This year in particular has been like no other, and we are just barely keeping our head above water here,” says Mary Bondoux, a volunteer who helps run the Colorado Shiba Inu Rescue. “I really wish cryptocurrency would find another mascot.”\nShiba Inus are an ancient breed whose history dates back to 7000 B.C., according to the American Kennel Club. Originally used as hunting dogs in Japan, Shibas first appeared in the U.S. in the 1950s. The dogs look similar to red foxes, have personalities that often resemble those of cats, and are notoriously difficult to train. Still, they\'re among the most popular breeds in Japan.\nFor most of their history in the U.S., the dogs were relatively rare. Only in the 21st century have they really become celebrities.\nIn 2008, a couple set up a live webcam that focused on their Shiba Inu puppies. The feed went viral for its cute factor, briefly boosting the demand for the breed.\nThen, in 2013 the crypto world discovered Shiba Inus. Dogecoin, created as a joke in response to other cryptocurrencies like Bitcoin, picked the breed as its mascot, basing it off of a viral meme featuring the dog. The meme, called the "doge meme," featured a photo of a Shiba Inu giving the camera a side-eye.\nSeven years later, in August of 2020, Shiba Inu coin debuted, marketing itself as the "Dogecoin killer." As such, it also adopted the Shiba Inu breed as its mascot to directly rival Dogecoin.\nBoth Dogecoin and Shiba Inu coin have exploded in value over the past 12 months, giving Shiba Inu dogs their moment. In late 2020, Dogecoin\'s value popped afterTeslaCEO Elon Musk started tweeting about "Doge." He has since tweeted about the cryptocurrency several times, helping toboost the coin\'s value.\nBut Musk may have also helpedShiba Inu coinrise, simply by mentioning, well, Shiba Inus. In March, he tweeted, "I’m getting a Shiba Inu#resistanceisfutile," apparently meaning he planned to get a pet. That coupled with the surge of Dogecoin has helped increase the value and popularity of Shiba Inu coin.\nShiba advocates say the digital coins\' fame has made their jobs more important than ever. Barahona, the Shiba Inu owner who is also president of NYC Shiba Rescue, took three adopted Shibas and a stack of educational pamphlets to Dogecoin’s debut party in New York City’s Financial District in 2013. She set up a table and even accepted Dogecoin as donations for the rescue at the party, attended by about 200 people and festooned with a big Shiba Inu made from of balloons.\nBarahona had hoped to get the message out that Shiba Inus could be difficult to own. Because the dogs were bred to be hunters, they often reflexively chase small animals. They also can be prickly about other dogs and tend to want to be left alone rather than snuggled.\nBondoux, the Colorado rescue volunteer, says the best way to describe the breed is “dogs on the spectrum.” She implored people who are considering getting a Shiba Inu to do their research.\nAt NYC Shiba Rescue, the latest surge of interest in both cryptocurrencies has led to a 30% rise in applications—from hundreds of people—to adopt Shibas. COVID-19 has also helped to increase demand, part of what\'s known as the "pandemic dog" phenomenon.\nAt Colorado Shiba Inu Rescue, 300 people are on a waitlist. While that may seem like a good thing, Bondoux says 90% of those people “have no business getting a Shiba" and that "all they know is that’s the cryptocurrency dog.”\n“I wish there was more consciousness and social responsibility when thinking about using the image of a dog,” Bondoux says. “If I’m going to make a dog famous, how might that impact the breed?”\nBreeders are seeing the boom, too. Roki Yama Shibas, a breeding business in Wheat Ridge, Colo., says it\'s also experiencing a surge, with people willing to pay top dollars for the breed. A typical Shiba can cost up to $3,000, which some Shibas say is almost double what the dogs cost several years ago. “We have had an increase in requests to with people making outrageous offers to get a Shiba right away,” the group says in an email.\nMichelle Gori, who shows and breeds Shibas outside of San Francisco, says she\'s not thrilled with how the cryptocurrencies have pushed the breed into the spotlight. She says in addition to creating an influx of Shiba shelter dogs, the trend has spurred many people to avoid reputable breeders to get their dogs faster.\nSays Gori, "They want it, and they want it now."\nThis story was originally featured onFortune.com', 'When Zennia Barahona walks her Shiba Inu dog named Luna, passersby often stare, point their fingers, and even shout. \x93People see her and say, \x91It\x92s the Doge dog,\x92\x94 says Barahona, referring to Dogecoin, the hot cryptocurrency that features a fluffy Shibu Inu in its logo. The recent rise of Dogecoin and its buzzy crypto cousin, Shiba Inu coin , which also uses its namesake breed as a mascot, have made Shiba Inu dogs a hot commodity. Fans of digital currencies, along with people with a nose for trends, are snapping up Shiba Inu puppies, creating a boom for the teddy bear-ish dogs that parallels the soaring cryptocurrency market. But there\'s a downside to the breed\'s new-found popularity. Puppy mills are starting to churn out the dogs to meet the rising demand, leading to overbreeding that has translated into health complications and deformities. Meanwhile, first-time owners are unaware of the breed\x92s sometimes difficult temperament. The result: Shibas are being dumped, leaving shelters and rescue organizations overwhelmed. \x93This year in particular has been like no other, and we are just barely keeping our head above water here,\x94 says Mary Bondoux, a volunteer who helps run the Colorado Shiba Inu Rescue. \x93I really wish cryptocurrency would find another mascot.\x94 Shiba Inus are an ancient breed whose history dates back to 7000 B.C., according to the American Kennel Club. Originally used as hunting dogs in Japan, Shibas first appeared in the U.S. in the 1950s. The dogs look similar to red foxes, have personalities that often resemble those of cats, and are notoriously difficult to train. Still, they\'re among the most popular breeds in Japan. For most of their history in the U.S., the dogs were relatively rare. Only in the 21st century have they really become celebrities. In 2008, a couple set up a live webcam that focused on their Shiba Inu puppies. The feed went viral for its cute factor, briefly boosting the demand for the breed. Story continues Then, in 2013 the crypto world discovered Shiba Inus. Dogecoin, created as a joke in response to other cryptocurrencies like Bitcoin, picked the breed as its mascot, basing it off of a viral meme featuring the dog. The meme, called the "doge meme," featured a photo of a Shiba Inu giving the camera a side-eye. Shiba Inu dogs Seven years later, in August of 2020, Shiba Inu coin debuted, marketing itself as the "Dogecoin killer." As such, it also adopted the Shiba Inu breed as its mascot to directly rival Dogecoin. Both Dogecoin and Shiba Inu coin have exploded in value over the past 12 months, giving Shiba Inu dogs their moment. In late 2020, Dogecoin\'s value popped after Tesla CEO Elon Musk started tweeting about "Doge." He has since tweeted about the cryptocurrency several times, helping to boost the coin\'s value . But Musk may have also helped Shiba Inu coin rise, simply by mentioning, well, Shiba Inus. In March, he tweeted, "I\x92m getting a Shiba Inu #resistanceisfutile ," apparently meaning he planned to get a pet. That coupled with the surge of Dogecoin has helped increase the value and popularity of Shiba Inu coin. Shiba advocates say the digital coins\' fame has made their jobs more important than ever. Barahona, the Shiba Inu owner who is also president of NYC Shiba Rescue, took three adopted Shibas and a stack of educational pamphlets to Dogecoin\x92s debut party in New York City\x92s Financial District in 2013. She set up a table and even accepted Dogecoin as donations for the rescue at the party, attended by about 200 people and festooned with a big Shiba Inu made from of balloons. Barahona had hoped to get the message out that Shiba Inus could be difficult to own. Because the dogs were bred to be hunters, they often reflexively chase small animals. They also can be prickly about other dogs and tend to want to be left alone rather than snuggled. Bondoux, the Colorado rescue volunteer, says the best way to describe the breed is \x93dogs on the spectrum.\x94 She implored people who are considering getting a Shiba Inu to do their research. At NYC Shiba Rescue, the latest surge of interest in both cryptocurrencies has led to a 30% rise in applications\x97from hundreds of people\x97to adopt Shibas. COVID-19 has also helped to increase demand, part of what\'s known as the "pandemic dog" phenomenon. At Colorado Shiba Inu Rescue, 300 people are on a waitlist. While that may seem **Last 60 Days of Bitcoin's Closing Prices:** [58245.00, 59793.23, 60204.96, 59893.45, 63503.46, 63109.70, 63314.01, 61572.79, 60683.82, 56216.18, 55724.27, 56473.03, 53906.09, 51762.27, 51093.65, 50050.87, 49004.25, 54021.75, 55033.12, 54824.70, 53555.11, 57750.18, 57828.05, 56631.08, 57200.29, 53333.54, 57424.01, 56396.52, 57356.40, 58803.78, 58232.32, 55859.80, 56704.57, 49150.54, 49716.19, 49880.54, 46760.19, 46456.06, 43537.51, 42909.40, 37002.44, 40782.74, 37304.69, 37536.63, 34770.58, 38705.98, 38402.22, 39294.20, 38436.97, 35697.61, 34616.07, 35678.13, 37332.86, 36684.93, 37575.18, 39208.77, 36894.41, 35551.96, 35862.38, 33560.71] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2021-06-08 **Financial & Commodity Data:** - Gold Closing Price: $1892.20 - Crude Oil Closing Price: $70.05 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $595,429,084,250 - Hash Rate: 155896965.91540977 - Transaction Count: 246906.0 - Unique Addresses: 656191.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.13 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: At last check, theDogecoinprice is seeing green along with the broader cryptocurrency market, up 3% to USD 0.31 after trading in the doldrums over the weekend. The latest gains buoyed Dogecoin’s market cap back above USD 40 billion, which according to one market leader is overvalued territory. Barry Silbert, who is at the helm of Digital Currency Group (DCG), has a dire prediction for the Dogecoin price. Like much of the cryptocurrency community, Silbert was waiting for thebitcoinprice to reach a bottom over the weekend but was left disappointed by the persistent selling.According to a tweet, he believes that Dogecoin “will be the tell” for crypto market capitulation, pointing to its weekend market cap of USD 37 billion and predicting that “it’s going back to sub USD 1 billion.” Not surprisingly, Silbert was the target of attacks by the DOGE community. After calling the cryptocurrency a “gamble trade” and suggesting there are other places to earn 10x on your money, Dogecoin co-founder Billy Markus, whose Twitter handle is Shibetoshi Nakamoto, took aim at the DCG chief. Silbert said that he was “looking to help people not lose money,” and it seemed to set the Dogecoin co-creator off. Markus, who sold all of his DOGE holdings years ago but still accepts tips in the cryptocurrency, accused Silbert of being “disingenuous,” which ignited a firestorm of tweets between them. In a nutshell, Silbert fails to see the “usefulness or utility” that Dogecoin brings to bear, saying that its value comes from a “collective belief,” which is why DOGE is overvalued in his opinion. Bitcoin, on the other hand, has both of those features — usefulness, and utility — Sibert says. While Digital Currency Group probably won’t be launching a Dogecoin Trust anytime soon, Silbert did say that if someone can prove him wrong about Dogecoin, he would “be a buyer.” Despite the DOGE drama, Dogecoin investors are focusing on future catalysts for the seventh-biggest cryptocurrency. Chief among these is an upcoming listing on cryptocurrency exchange Coinbase, which CEO Brian Armstrong tipped his hand to during a recent investor call. The listing, which isreportedly plannedfor the coming weeks, is widely expected to lift Dogecoin’s profile even higher given the exchange’s recent Nasdaq listing as well as its reach to some 56 million users. Coinbase’s listing comes on the heels of rival cryptocurrency exchange Gemini as well as zero commission trading app Robinhood Crypto doing the same. Thisarticlewas originally posted on FX Empire • EUR/USD Forex Technical Analysis – Plenty of Room to Rally Over 1.2200 but Low Volume Capping Gains • USD/CAD Daily Forecast – U.S. Dollar Is Under Pressure At The Start Of The Week • The U.S Crypto Morning Session – May 31st, 2021 • Inflationary Pressures Deliver EUR Support • AUD/USD Price Forecast – Australian Dollar Sits Just Below 50 Day EMA • Natural Gas Price Forecast – Natural Gas Continues Sideways Movement... - Reddit Posts (Sample): [['u/Para-out', "Who of you still believe in fairy tales? FBI 'finds' the stolen BTC.", 69, '2021-06-08 00:03', 'https://www.reddit.com/r/Bitcoin/comments/nuoxh1/who_of_you_still_believe_in_fairy_tales_fbi_finds/', "Ok, so an group of hackers capable of hacking the company demand BTC instead of a privacy oriented crypto. Then, the FBI manage to reclaim a lot of the BTC by 'finding it' with a block explorer. Now they are in control of the private keys. That, and the recently discovered aliens have told us that the BTC protocol will fail in the autumn of 2024.\n\n“The Department of Justice has found and recovered the majority of the ransom paid,”\n\nA perfect story to: \n\\- Hide inflation: it's not inflation it's oil becoming expensive because of hackers! \n\\- Attack bitcoin: because criminals use it. We must take control! \n\\- Attack bitcoin: because assets can be seized easily by gov. agencies whenever they want to.\n\nAlso note that coindesk is absolute garbage, a 100% controlled media that does not question anything when it matters. \n\n[https://www.coindesk.com/federal-officials-recover-bitcoin-ransom-from-colonial-pipeline-attack](https://www.coindesk.com/federal-officials-recover-bitcoin-ransom-from-colonial-pipeline-attack)\n\n​\n\nMaybe they want your BTC cheap, real cheap.", 'https://www.reddit.com/r/Bitcoin/comments/nuoxh1/who_of_you_still_believe_in_fairy_tales_fbi_finds/', 'nuoxh1', [['u/randomwach', 19, '2021-06-08 00:13', 'https://www.reddit.com/r/Bitcoin/comments/nuoxh1/who_of_you_still_believe_in_fairy_tales_fbi_finds/h0ynum0/', "They don't explain how they got the private keys tho", 'nuoxh1'], ['u/BornToBeHwild', 10, '2021-06-08 00:32', 'https://www.reddit.com/r/Bitcoin/comments/nuoxh1/who_of_you_still_believe_in_fairy_tales_fbi_finds/h0yq8or/', 'The blockchain is a public ledger…', 'nuoxh1'], ['u/randomwach', 15, '2021-06-08 00:45', 'https://www.reddit.com/r/Bitcoin/comments/nuoxh1/who_of_you_still_believe_in_fairy_tales_fbi_finds/h0yrxg1/', "Well if it's a exchange wallet make sense", 'nuoxh1'], ['u/bquintb', 36, '2021-06-08 00:57', 'https://www.reddit.com/r/Bitcoin/comments/nuoxh1/who_of_you_still_believe_in_fairy_tales_fbi_finds/h0ytdw6/', 'Looks to me like Bitcoin is a pretty shitty way to do crime. Better stick with fiat cash', 'nuoxh1'], ['u/riscten', 11, '2021-06-08 01:14', 'https://www.reddit.com/r/Bitcoin/comments/nuoxh1/who_of_you_still_believe_in_fairy_tales_fbi_finds/h0yvglv/', 'WinAmp, WINAMP!!\n\nIt really whips the llamas ass.', 'nuoxh1'], ['u/CornBreadW4rrior', 12, '2021-06-08 01:37', 'https://www.reddit.com/r/Bitcoin/comments/nuoxh1/who_of_you_still_believe_in_fairy_tales_fbi_finds/h0yy7cc/', 'Looks like putting your money into a company where the united States can use the power of the courts to take it from you was the bad choice here lol', 'nuoxh1']]], ['u/notinferno', 'Police around the world have been listening to messages on the ANOM.io app for three years', 121, '2021-06-08 00:22', 'https://www.reddit.com/r/privacy/comments/nupcn0/police_around_the_world_have_been_listening_to/', 'Police raids are underway. \n\nEdit 1: \n\n>In an audacious three-year operation, Aussie federal agents were secretly monitoring a trojan horse app operated by the FBI being used by organised crime gangs to plan executions, mass drug importations, industrial-scale money laundering and gun running.\n\n>The gangs thought the app – AN0M – put them out of reach of police.\n\nEdit 2: found a non-paywalled news source \n\n[Mass raids, arrests across Australia after police sting dismantles ‘encrypted’ app used by criminals](https://www.smh.com.au/national/mass-raids-arrests-across-australia-after-police-sting-dismantles-encrypted-app-used-by-criminals-20210607-p57yya.html) \n\n>The ambitious operation involving Anom, an encrypted service that has emerged as a rival to the Ciphr network also favoured by criminals worldwide, allowed authorities to monitor a vast trove of communications about the global drug trade and other illegal activities.\n\n>On Tuesday, the US Federal Bureau of Investigation and the Australian Federal Police were set to unveil the blow to organised crime, which has used encrypted communications to hamper authorities since the rise of the technology in recent years. \n\nEdit 3: \n\n>Hundreds of alleged offenders were tricked into communicating via AN0M, an encrypted app designed by police.\n\n>The app also helped police stop a mass shooting of a family of five, orchestrated by organised crime. \n\n>Hundreds more were nabbed by police in Europe and the US as authorities conducted sweeping raids across the globe.\n\n>The AFP said it had busted 21 murder plots, stopped more than 3000kg of drugs from hitting the streets and seized $35 million in cash. \n\n>Mr Kershaw said while the FBI had the lead on the investigation, the AFP provided the “technical capability to be able to decrypt the messages”.\n\n>Despite the investigation running for years, and arrests being made intermittently, Mr Kershaw said the alleged criminals had no idea they were being targeted.\n\n>“Let me be clear. When you get access and it will come out in court, you’ll see that all they talk about is drugs, violence, hits on each other, innocent people who are going to be murdered,” he said. \n\n>As AFP officers continue its sweeping raids across the nation today, Mr Kershaw said criminals were in a state of panic.\n\n>“They all turn on each other,” Mr Kershaw said.\n\n>“The other thing that we learnt is that they actually do a lot of business behind each other’s backs, including the presidents of various groups and organisations for personal wealth.\n\n>“So there’s going to be a whole lot of disruption there, and our state police colleagues are on alert for that because there’s no doubt going to be some tension within the whole system about who owes what drug debt and so on.\n\n>“So that was pretty brazen to see that they were actually disloyal to their own groups.” \n\n[source](https://www.news.com.au/national/crime/afp-fbi-pull-off-sting-of-the-century-and-arrest-mafia-bikie-members/news-story/1f53fe682d2ce054cd445539022a863a) \n\nEdit 4: I’ve got no evidence but it seems too much of a coincidence that the US Government also just announced it had recovered most of the Bitcoin from the Colonial Pipeline ransomware attack by getting access to a wallet and compromised the ransomware payment system.', 'https://www.reddit.com/r/privacy/comments/nupcn0/police_around_the_world_have_been_listening_to/', 'nupcn0', [['u/Lysergial', 16, '2021-06-08 00:23', 'https://www.reddit.com/r/privacy/comments/nupcn0/police_around_the_world_have_been_listening_to/h0yp6g3/', 'This sure is a post', 'nupcn0'], ['u/DeepRNA', 14, '2021-06-08 02:58', 'https://www.reddit.com/r/privacy/comments/nupcn0/police_around_the_world_have_been_listening_to/h0z86nm/', 'You must be mistaken, opensource projects run on the principle of "Why trust us when you can verify?"\n\nWhos putting blind faith in signals e2e code? Signal claims to be private, not anonymous. It still delivers that.', 'nupcn0'], ['u/TwistedV8theist', 13, '2021-06-08 03:53', 'https://www.reddit.com/r/privacy/comments/nupcn0/police_around_the_world_have_been_listening_to/h0zerl5/', 'APP developed by police, stoked the world still has dumb criminals.', 'nupcn0'], ['u/Bit_Sus_Innit_lad_69', 19, '2021-06-08 04:27', 'https://www.reddit.com/r/privacy/comments/nupcn0/police_around_the_world_have_been_listening_to/h0zio9c/', 'google anomexposed and check the cached link, (can\'t post cached google links on reddit) someone who I believe works for ciphr did a teardown of the device and basically came to the conclusion that it was a scam / compromised.\n\nThat was posted back in march, coincidentally that blog was deleted around the same time yesterday that the anom domains went down and the seized page went up on anom.io\n\nApparently the devices were using "wire messenger" and voicepingapp. If you value your privacy don\'t touch either of them. wire messenger appears to be a fairly popular app, its funny the name of the company has "swiss" in it but its headquarters are in the US.\n\nthey also used a logging service called papertrailapp.\n\nIt also might interest you to know the romanian server was an m247 asn.', 'nupcn0'], ['u/Your_mortal_enemy', 11, '2021-06-08 04:45', 'https://www.reddit.com/r/privacy/comments/nupcn0/police_around_the_world_have_been_listening_to/h0zknr7/', 'Nope, when hit the jackpot you keep that shit going until you have extracted every single possible thing you can out of it... Hence the 900 arrests... What, they should shut this down after a month and hauled a couple dozen people in?', 'nupcn0'], ['u/bxbi117', 13, '2021-06-08 05:45', 'https://www.reddit.com/r/privacy/comments/nupcn0/police_around_the_world_have_been_listening_to/h0zr3og/', '[https://webcache.googleusercontent.com/search?q=cache:PwQXt6Sn\\_YwJ:https://anomexposed.wordpress.com/+&cd=7&hl=en&ct=clnk&gl=au](https://webcache.googleusercontent.com/search?q=cache:PwQXt6Sn_YwJ:https://anomexposed.wordpress.com/+&cd=7&hl=en&ct=clnk&gl=au)\n\nCheck out that wordpress site "anom exposed" (cached since its been removed now)\n\nSmart guy exposed it all a while back - must have prompted the authorities to take action', 'nupcn0'], ['u/ForumsDiedForThis', 12, '2021-06-08 07:23', 'https://www.reddit.com/r/privacy/comments/nupcn0/police_around_the_world_have_been_listening_to/h1007pw/', "Was it using the REAL Wire Messenger?\n\nWire is open source and audited so I'd be incredibly surprised if what seems to be a legit private messenger was compromised.\n\nIf you can't trust Wire which you can literally go to GitHub and read the code yourself who can you trust?", 'nupcn0']]], ['u/Ok_Dot9764', "I believe SafeMoon is already almost detached from Bitcoin. The reason why we aren't moving up are the Whales! We are going to POMP IT har... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
37345.12, 36702.60, 37334.40, 35552.52, 39097.86, 40218.48, 40406.27, 38347.06, 38053.50, 35787.25
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ["Longtime Hidden Hills resident Jeffrey “Jeff” Feinberg is ready for high-flying Brentwood living. The hedge fund guru, 53, has paid $44 million — a whopping $1 million above the property’s initial $43 million asking price — for a Vegas-like contemporary monster of a mansion with seven bedrooms, 11 bathrooms, two swimming pools and countless other amenities, as wasfirst reportedby the Wall Street Journal.\nBuilt on speculation by veteran developer Ramtin Ray Nosrati, the flagrantly palatial estate sits behind tall gates and features an array of eye-popping amenities — a hair salon, a putting green, games room with a high-tech sports simulator, and a 1,000-gallon aquarium. There was also, at least at the time of the property’s completion, a rooftop “cannabis garden” stocked with marijuana plants.\nListing details don’t call out the total living square footage, but reports say the place may weigh in at a whopping 55,000 — a number that also includes the two-story guesthouse. There’s also a world-class movie theater with a fiberoptic ceiling to simulate a starry sky, like a more advanced version of what you might find in a modern-day Rolls Royce.\nThe compound is so devotedly garish that just gazing at one room or another is enough to stimulate a sensory overload, but among the myriad other features are a bespoke wet bar hewn from exotic wood and stone, a double-height great room with a linear fireplace set into a monolithic stone wall stretching from the floor all the way to the ceiling, an indoor succulent garden, an indoor pool and wellness suite, an infinity-edged outdoor pool, and vast indoor/outdoor living spaces with more wet bars, flatscreen TVs, firepits, and numerous lounge areas.\nFeinberg, a former managing director at the George Soros-founded hedge fund-turned-family officeSoros Fund Management, once had his own investment firm. The $1 billion JLF Investment Fund was shuttered some years ago; the veteran trader now operates Feinberg Investments, a limited partnership that invests his personal wealth. In addition to his hedge fund career, Feinberg also reportedly bet early and big on bitcoin — a move that has paid off extraordinarily well over the past year, a few minor dips excepted.\nFeinberg is also known for his love of decidedly immodest homes. Back in late 2019, he famously made waves by sellinghis $15 million Hidden Hills mansionto YouTube celebrity Jeffree Star. He also once owned a hulking blufftop compound — hewn almost entirely from concrete, no less — atop Malibu’s Point Dume, though that property was sold for $21.8 million, earlier this year, by his ex-wife Stacey Feinberg to a non-famous couple. On Santa Monica’s Gold Coast, Feinberg still ownsan oceanfront housethat’s currently on the market at just under $11 million, though he paid $12 million for the place less than two years ago.\nThe Brentwood listing was held by a consortium of high-powered L.A. agents:Branden and Rayni Williamsof The Beverly Hills Estates,Shauna WaltersandSally Forster Jonesof Compass, andJosh and Matt Altmanof the Altman Brothers Team at Douglas Elliman.\nMore from DIRT\n• Britney Spears' Infamous Former L.A. Mansion Sells for $6.1 Million\n• Salt-N-Pepa's Cheryl James Shakes Out of Suburban Mansion\n• 'Punky Brewster' Star Soleil Moon Frye Seeks $6 Million for Boho Farmhouse", "Longtime Hidden Hills resident Jeffrey “Jeff” Feinberg is ready for high-flying Brentwood living. The hedge fund guru, 53, has paid $44 million — a whopping $1 million above the property’s initial $43 million asking price — for a Vegas-like contemporary monster of a mansion with seven bedrooms, 11 bathrooms, two swimming pools and countless other amenities, as wasfirst reportedby the Wall Street Journal.\nBuilt on speculation by veteran developer Ramtin Ray Nosrati, the flagrantly palatial estate sits behind tall gates and features an array of eye-popping amenities — a hair salon, a putting green, games room with a high-tech sports simulator, and a 1,000-gallon aquarium. There was also, at least at the time of the property’s completion, a rooftop “cannabis garden” stocked with marijuana plants.\nListing details don’t call out the total living square footage, but reports say the place may weigh in at a whopping 55,000 — a number that also includes the two-story guesthouse. There’s also a world-class movie theater with a fiberoptic ceiling to simulate a starry sky, like a more advanced version of what you might find in a modern-day Rolls Royce.\nThe compound is so devotedly garish that just gazing at one room or another is enough to stimulate a sensory overload, but among the myriad other features are a bespoke wet bar hewn from exotic wood and stone, a double-height great room with a linear fireplace set into a monolithic stone wall stretching from the floor all the way to the ceiling, an indoor succulent garden, an indoor pool and wellness suite, an infinity-edged outdoor pool, and vast indoor/outdoor living spaces with more wet bars, flatscreen TVs, firepits, and numerous lounge areas.\nFeinberg, a former managing director at the George Soros-founded hedge fund-turned-family officeSoros Fund Management, once had his own investment firm. The $1 billion JLF Investment Fund was shuttered some years ago; the veteran trader now operates Feinberg Investments, a limited partnership that invests his personal wealth. In addition to his hedge fund career, Feinberg also reportedly bet early and big on bitcoin — a move that has paid off extraordinarily well over the past year, a few minor dips excepted.\nFeinberg is also known for his love of decidedly immodest homes. Back in late 2019, he famously made waves by sellinghis $15 million Hidden Hills mansionto YouTube celebrity Jeffree Star. He also once owned a hulking blufftop compound — hewn almost entirely from concrete, no less — atop Malibu’s Point Dume, though that property was sold for $21.8 million, earlier this year, by his ex-wife Stacey Feinberg to a non-famous couple. On Santa Monica’s Gold Coast, Feinberg still ownsan oceanfront housethat’s currently on the market at just under $11 million, though he paid $12 million for the place less than two years ago.\nThe Brentwood listing was held by a consortium of high-powered L.A. agents:Branden and Rayni Williamsof The Beverly Hills Estates,Shauna WaltersandSally Forster Jonesof Compass, andJosh and Matt Altmanof the Altman Brothers Team at Douglas Elliman.\nMore from DIRT\n• Britney Spears' Infamous Former L.A. Mansion Sells for $6.1 Million\n• Salt-N-Pepa's Cheryl James Shakes Out of Suburban Mansion\n• 'Punky Brewster' Star Soleil Moon Frye Seeks $6 Million for Boho Farmhouse", "Longtime Hidden Hills resident Jeffrey \x93Jeff\x94 Feinberg is ready for high-flying Brentwood living. The hedge fund guru, 53, has paid $44 million \x97 a whopping $1 million above the property\x92s initial $43 million asking price \x97 for a Vegas-like contemporary monster of a mansion with seven bedrooms, 11 bathrooms, two swimming pools and countless other amenities, as was first reported by the Wall Street Journal. Built on speculation by veteran developer Ramtin Ray Nosrati, the flagrantly palatial estate sits behind tall gates and features an array of eye-popping amenities \x97 a hair salon, a putting green, games room with a high-tech sports simulator, and a 1,000-gallon aquarium. There was also, at least at the time of the property\x92s completion, a rooftop \x93cannabis garden\x94 stocked with marijuana plants. Listing details don\x92t call out the total living square footage, but reports say the place may weigh in at a whopping 55,000 \x97 a number that also includes the two-story guesthouse. There\x92s also a world-class movie theater with a fiberoptic ceiling to simulate a starry sky, like a more advanced version of what you might find in a modern-day Rolls Royce. The compound is so devotedly garish that just gazing at one room or another is enough to stimulate a sensory overload, but among the myriad other features are a bespoke wet bar hewn from exotic wood and stone, a double-height great room with a linear fireplace set into a monolithic stone wall stretching from the floor all the way to the ceiling, an indoor succulent garden, an indoor pool and wellness suite, an infinity-edged outdoor pool, and vast indoor/outdoor living spaces with more wet bars, flatscreen TVs, firepits, and numerous lounge areas. Feinberg, a former managing director at the George Soros-founded hedge fund-turned-family office Soros Fund Management , once had his own investment firm. The $1 billion JLF Investment Fund was shuttered some years ago; the veteran trader now operates Feinberg Investments, a limited partnership that invests his personal wealth. In addition to his hedge fund career, Feinberg also reportedly bet early and big on bitcoin \x97 a move that has paid off extraordinarily well over the past year, a few minor dips excepted. Story continues Feinberg is also known for his love of decidedly immodest homes. Back in late 2019, he famously made waves by selling his $15 million Hidden Hills mansion to YouTube celebrity Jeffree Star. He also once owned a hulking blufftop compound \x97 hewn almost entirely from concrete, no less \x97 atop Malibu\x92s Point Dume, though that property was sold for $21.8 million, earlier this year, by his ex-wife Stacey Feinberg to a non-famous couple. On Santa Monica\x92s Gold Coast, Feinberg still owns an oceanfront house that\x92s currently on the market at just under $11 million, though he paid $12 million for the place less than two years ago. The Brentwood listing was held by a consortium of high-powered L.A. agents: Branden and Rayni Williams of The Beverly Hills Estates, Shauna Walters and Sally Forster Jones of Compass, and Josh and Matt Altman of the Altman Brothers Team at Douglas Elliman. More from DIRT Britney Spears' Infamous Former L.A. Mansion Sells for $6.1 Million Salt-N-Pepa's Cheryl James Shakes Out of Suburban Mansio **Last 60 Days of Bitcoin's Closing Prices:** [59793.23, 60204.96, 59893.45, 63503.46, 63109.70, 63314.01, 61572.79, 60683.82, 56216.18, 55724.27, 56473.03, 53906.09, 51762.27, 51093.65, 50050.87, 49004.25, 54021.75, 55033.12, 54824.70, 53555.11, 57750.18, 57828.05, 56631.08, 57200.29, 53333.54, 57424.01, 56396.52, 57356.40, 58803.78, 58232.32, 55859.80, 56704.57, 49150.54, 49716.19, 49880.54, 46760.19, 46456.06, 43537.51, 42909.40, 37002.44, 40782.74, 37304.69, 37536.63, 34770.58, 38705.98, 38402.22, 39294.20, 38436.97, 35697.61, 34616.07, 35678.13, 37332.86, 36684.93, 37575.18, 39208.77, 36894.41, 35551.96, 35862.38, 33560.71, 33472.63] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2021-06-09 **Financial & Commodity Data:** - Gold Closing Price: $1893.20 - Crude Oil Closing Price: $69.96 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $637,026,630,516 - Hash Rate: 131832333.59289683 - Transaction Count: 210911.0 - Unique Addresses: 581779.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.14 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Goldman Sachs analysts presented the bull case for Coinbase Monday with a sweeping report that highlighted upsides across the nascent crypto economy. Calling Coinbase’s newly listed COIN stock the “best way to gain exposure to the expansion of the crypto-native ecosystem,” the 54-page report provides analysis of decentralized finance (DeFi), competing centralized exchanges and brief overview of everything from dogecoin (DOGE) to monero (XMR) to non-fungible tokens (NFTs). The “Buy” rating and $306 price target for COIN comes as Goldman Sachs ramps up its crypto trading desk with bitcoin futures and other products. However, the report suggests that at least Goldman’s research unit is apprising some of the more exotic corners of the crypto market. Related: Coinbase Hires Goldman Sachs Exec to Ramp Up Policy Push in Washington “The development of DeFi applications is still in its infancy, and relative to the nearly ~$2+ trillion market cap for crypto currencies, the total value of crypto on DeFi applications is still relatively low at just ~$67bn,” Goldman Sachs’ Will Nance and Onkar Gandhi wrote, adding: “That being said, we believe they represent important proofs of concept for more complex applications in the future. One of the most important features of many of these protocols, in our view, is that many DeFi applications have native “governance tokens” (for example, UNI for Uniswap, COMP for Compound) that allow the holders of the token to vote on changes to the protocol’s operations.” Though DeFi is seen as a competitor to centralized entities like Coinbase, the analysts said its growth has considerable potential to expand the crypto economy, and Coinbase’s business with it. “Should this occur, though this is not part of our forecast, we believe that the ecosystem has the potential over time to drive meaningful amounts of activity and commerce,” Nance and Gandhi said. Story continues Related: Goldman’s Crypto Chief Worries About Fraud, but Not Cryptocurrency’s Future Crypto as whole, they said, has the potential to “expand the market size of financial activities in the traditional financial industry.” COIN’s position Goldman analysts said retail trading transaction revenue is likely to dominate Coinbase’s near-term profits. They projected the company controls as much as 30% market share among fiat-driven exchanges. The cash flow could shift if Coinbase’s fee model, already facing pressure from competitor exchanges, is forced to adopt lower pricing. Crypto market volatility would be good for business: more users tend to trade higher volumes during swings, meaning more fees, meaning more transaction revenue. Coinbase’s world-leading custody business is a “cornerstone” product well-positioned to capture a steady flow of institutional newcomers. And staking revenue could boom with more chains swapping their consensus mechanism and Coinbase taking a 25% cut. Ethereum’s transition to proof-of-stake “could be a significant driver of staking revenue going forward.” Other potential growth areas: payments, non-fungible tokens and lending products. There’s “significant white space” for new products, the analysts said. Goldman projects earnings per share of $8.09 for full year 2021, $4.90 for 2022 and $4.95 for 2023. These estimates come just under analyst consensus of $8.16, $4.96, and $5.80 for each year respectively. With COIN down 33% since its April listing, Goldman Sachs hedged its bullishness by illustrating how regulatory headwinds could slash token prices. Lower levels of crypto volatility could also negatively hit COIN’s revenue, the analysts said. They gave COIN 36% upside as the best “blue-chip” vehicle for chasing the crypto economy. COIN is trading at $226 as of press time. Related Stories The May 19 Sell-Off Actually Strengthened Bitcoin’s Narrative Coinbase in Talks to Buy Asset Manager Osprey Funds: Sources... - Reddit Posts (Sample): [['u/crashingfox', 'Boyfriend scammed out of 1’200$ - need help', 10, '2021-06-09 00:01', 'https://www.reddit.com/r/PersonalFinanceCanada/comments/nvfu08/boyfriend_scammed_out_of_1200_need_help/', 'Today my boyfriend received a call from a government agency explaining to him that his ID has been stolen and it has been used to buy drugs and so forth and he was on the line for whatever crimes That had been committed under this identity theft. \n\nIn a panic he listened to the directives stayed two hours on the phone, withdrew money from our joint account as well as the credit card account to “verify-something-or-other” and swap the money in a bitcoin machine at a local corner store and sent the QR codes to the agent on the other end of the line. \nAll this money of course was supposed to be back in a business day.\n\nBeing the trusting man he is he did not realize this was a scam until he finally called me hours later and I informed him to lock everything down and that he had most likely been had. He contacted Police got a report and is in the process of contacting MasterCard and our bank national Bank of Canada and he’s being informed the money is gone because it was withdrawn and not directly fraud it from the account. \n\nHe is currently on his third agent telling him that they can’t do anything because the money was withdrawn manually from the account. \nIs there anything or anyone we can contact to help us with this matter? $1200 does not seem a lot for some people but it is for us. \n\nEspecially with a baby on the way every penny counts.\n\nWe have all the paperwork all the receipts all the text messages we have everything that the person sent and that we did with the money is there anyway that we can get this money back.\n\nEdit: Thank you for explaining this situation a bit better. \nFor anyone who wants to add any further comment revolving around “ he’s an idiot “ trust me he knows. Trusting personality and convincing scammer make for expensive mistakes.', 'https://www.reddit.com/r/PersonalFinanceCanada/comments/nvfu08/boyfriend_scammed_out_of_1200_need_help/', 'nvfu08', [['u/whisky9999', 11, '2021-06-09 00:04', 'https://www.reddit.com/r/PersonalFinanceCanada/comments/nvfu08/boyfriend_scammed_out_of_1200_need_help/h12xxrj/', "Aww man... I'm sorry. That sucks.", 'nvfu08'], ['u/d10k6', 100, '2021-06-09 00:05', 'https://www.reddit.com/r/PersonalFinanceCanada/comments/nvfu08/boyfriend_scammed_out_of_1200_need_help/h12y39e/', 'There isn’t much you can do besides filing the police report. That is why they get your to swap to BitCoin. No reversal, no tracing it. The money is gone. \n\nI hate to say it that this is an expensive lesson for your BF. No government agency is going to make you do CC withdrawals or conversion to Bitcoin.', 'nvfu08'], ['u/deltatux', 14, '2021-06-09 00:06', 'https://www.reddit.com/r/PersonalFinanceCanada/comments/nvfu08/boyfriend_scammed_out_of_1200_need_help/h12y8ai/', "Sorry to hear that happening to you & your boyfriend. Unfortunately these scams are too common these days and often there's no recourse as your boyfriend was the one who withdrew the funds and it wasn't due to fraudulent charges being made directly on the account.\n\nThere's unfortunately no recourse at this point. The most you can do is to file a police report but there's not much else that can be done.", 'nvfu08'], ['u/Bowgal', 81, '2021-06-09 00:07', 'https://www.reddit.com/r/PersonalFinanceCanada/comments/nvfu08/boyfriend_scammed_out_of_1200_need_help/h12yb5u/', 'As soon as I heard Bitcoin, I would have hung up.', 'nvfu08'], ['u/angelus97', 62, '2021-06-09 00:08', 'https://www.reddit.com/r/PersonalFinanceCanada/comments/nvfu08/boyfriend_scammed_out_of_1200_need_help/h12ygv5/', 'You don’t need to lock anything down. They got your Bitcoin which is all they want. You’re shit out of luck. How do people still fall for this in 2021?', 'nvfu08'], ['u/crashingfox', 20, '2021-06-09 00:09', 'https://www.reddit.com/r/PersonalFinanceCanada/comments/nvfu08/boyfriend_scammed_out_of_1200_need_help/h12ynki/', 'The moment he uttered the word bitcoin i stopped him and told him to call the bank and the police. He is trusting and they were convincing , terrible mix', 'nvfu08'], ['u/buyupselldown', 14, '2021-06-09 00:24', 'https://www.reddit.com/r/PersonalFinanceCanada/comments/nvfu08/boyfriend_scammed_out_of_1200_need_help/h130k43/', "He was robbed, the bank was not, so the bank isn't liable for the theft.\n\nWithout exact details on what information was shared with the scammers, assume he gave them every personal ID he could find. So now it's time to make sure you have all the security procedures in place to protect your accounts.\n\nContact both equifax and transunion and place extended fraud alerts on your files. \n\nReview the details of both your credit files at least once each year.\n\nMake sure you have enabled 2FA on your bank accounts.\n\nMake sure you have setup your CRA accounts, and your email address is current\n\nIf he gave the scammers your credit card numbers, get replacement cards.\n\nAsk your cell provider if they have phone number port protection\n\nMake sure all passwords are unique and not being shared among accounts.\n\nDon't be surprised if he gets calls/emails for scams. These scams are so crazy (like the emails with all the spelling mistakes) because they want to identify the most gullible, once they know you fell for the scam, they get greedy.\n\nMake sure you partner knows when contacted by the bank, CRA, credit card provider, or anyone else, you never provide any information during that call, you look for the phone number on the back of your card or on the companies official website and contact them using that number.", 'nvfu08'], ['u/texanrocketflame', 13, '2021-06-09 00:25', 'https://www.reddit.com/r/PersonalFinanceCanada/comments/nvfu08/boyfriend_scammed_out_of_1200_need_help/h130ow8/', 'How did that not ring alarm bells that it was a scam? I hate to say it, but you are out luck.', 'nvfu08'], ['u/kingofwale', 10, '2021-06-09 00:36', 'https://www.reddit.com/r/PersonalFinanceCanada/comments/nvfu08/boyfriend_scammed_out_of_1200_need_help/h132164/', 'Expensive lesson, but be glad it’s only 1200 dollars.', 'nvfu08'], ['u/ObviousClaim0', 131, '2021-06-09 00:46', 'https://www.reddit.com/r/PersonalFinanceCanada/comments/nvfu08/boyfriend_scammed_out_of_1200_need_help/h133bma/', 'Id say your bf is stupid, personally...sorry, but being frank', 'nvfu08'], ['u/crashingfox', 45, '2021-06-09 01:01', 'https://www.reddit.com/r/PersonalFinanceCanada/comments/nvfu08/boyfriend_scammed_out_of_1200_need_help/h13531h/', 'Crossed my mind to be fair 😔', 'nvfu08'], ['u/Basic_Industry976', 12, '2021-06-09 01:09', 'https://www.reddit.com/r/PersonalFinanceCanada/comments/nvfu08/boyfriend_scammed_out_of_1200_need_help/h1363x3/', 'What is this nonsense? Did you pull these numbers out of your butt? Must have since my wife and I had a child, we definitely didn’t have 120k, and we’re doing just fine with spending money, mortgage, investments, child education, etc. \n\nStop spewing bs', 'nvfu08'], ['u/Green_Lantern_4vr', 23, '2021-06-09 01:22', 'https://www.reddit.com/r/PersonalFinanceCanada/comments/nvfu08/boyfriend_scammed_out_of_1200_need_help/h137nxv/', 'He is shit out of luck \n\n\nAlso, sorry to say, not very bright that he fell for this. Bitcoin? Really?', 'nvfu08'], ['u/Green_Lantern_4vr', 27, '2021-06-09 01:23', 'https://www.reddit.com/r/PersonalFinanceCanada/comments/nvfu08/boyfriend_scammed_out_of_1200_need_help/h137q0f/', 'Being dumb', 'nvfu08'], ['u/Green_Lantern_4vr', 11, '2021-06-09 01:24', 'https://www.reddit.com/r/PersonalFinanceCanada/comments/nvfu08/boyfriend_scammed_out_of_1200_need_help/h137tpq/', 'Lmao. 120k set aside for raising a kid before pregnancy. Go back to fantasy land.', 'nvfu08'], ['u/AstraMars', 18, '2021-06-09 01:59', 'https://www.reddit.com/r/PersonalFinanceCanada/comments/nvfu08/boyfriend_scammed_out_of_1200_need_help/h13c0vd/', "Wow, can't believe someone actually fell for this scam, no government agency representative would ever ask to pay in crypto currency, that alone should have been a red flag, you're SOL unfortunately.", 'nvfu08'], ['u/jookid', 14, '2021-06-09 03:14', 'https://www.reddit.com/r/PersonalFinanceCanada/comments/nvfu08/boyfriend_scammed_out_of_1200_need_help/h13ks4d/', 'Govt accepts Bitcoin now? I thought they only took iTunes giftcards', 'nvfu08'], ['u/willy_55', 14, '2021-06-09 09:20', 'https://www.reddit.com/r/PersonalFinanceCanada/comments/nvfu08/boyfriend_scammed_out_of_1200_need_help/h14kper/', 'So cringe', 'nvfu08']]], ['u/BlLLMURRAY', 'What is the deal with the ICP token price fall?', 32, '2021-06-09 00:15', 'https://www.reddit.com/r/dfinity/comments/nvg5y8/what_is_the_deal_with_the_icp_token_price_fall/', 'Obviously I\'m well aware that all crypto is down, and ICP is on the same markets as all the other cryptos that are being bounced all over the place, but I feel like I\'ve MOSTLY been hearing redeeming things about the project since the crash started, but it looks like it has been recovering the least, while many other coins are just mirroring BTC/ETH almost perfectly on the ups and downs. \nIs it just too controversial for people to be messing with while the market is volatile? I haven\'t found any new FUD beyond the original "lol wtf one mind super computer communism ahhhhh" at the start, but even that stuff seems to have quieted down.', 'https://www.reddit.com/r/dfinity/comments/nvg5y8/what_is_the_deal_with_the_icp_token_price_fall/', 'nvg5y8', [['u/Taram_Caldar', 49, '2021-06-09 00:28', 'https://www.reddit.com/r/dfinity/comments/nvg5y8/what_is_the_deal_with_the_icp_token_price_fall/h1310rn/', 'Simple answer: \nIt released ridiculously over priced.', 'nvg5y8'], ['u/StickyNoodle69', 10, '2021-06-09 00:30', 'https://www.reddit.com/r/dfinity/comments/nvg5y8/what_is_the_deal_with_the_icp_token_price_fall/h131afw/', 'VC dumping and people from airdrops dumping. ... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
36702.60, 37334.40, 35552.52, 39097.86, 40218.48, 40406.27, 38347.06, 38053.50, 35787.25, 35615.87
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['U.S. lawmakers may be warming to a central bank digital currency (CBDC).\nBut while CBDCs drew some of the attention during Wednesday’s Senate Banking Committee hearing, the issues aroundbitcoindrew far more attention from the group of lawmakers, led most vocally by Sen. Elizabeth Warren (D-Mass.).\nThe Subcommittee on Economic Policy, chaired by Warren, is likely going to hold further hearings on the cryptocurrency sector as well, the lawmaker told Bloomberg.\nRelated:Stablecoins, CBDCs Don’t Present Inherent Risk to Financial Stability: Bank of England Executive Says\nThe hearing presented one of the sharpest criticisms of bitcoin from U.S. lawmakers to date, even as smaller countries like El Salvador move toaccept the cryptocurrencyas legal tender. Warren’s views are likely a preview of how the issue may be discussed in other upcoming hearings, with counterparts in the House of Representatives holdinga similar discussionnext week.\n“If you want to send money to somebody else, digital currency can be easier and faster,” Warren said as she opened the hearing. “But in order for those advantages to be realized, the digital version needs to be secure, stable and accepted everywhere.”\nIn response, MIT Digital Currency Initiative DirectorNeha Narulapointed out that bitcoin’s value is not stable, pointing to the recent market drop of about 40%.\nWarren then likened cryptocurrencies to wildcat notes issued in the past.\nRelated:Moving on From Good-Bad Crypto Dialogue\nWarren’s view is markedly different from Sen. Cynthia Lummis (R-Wyo.), the pro-bitcoin lawmaker who launched a Financial Innovation Caucus last month.\nLummis contrasted nations using bitcoin, naming El Salvador’s recent bill to adopt the cryptocurrency as legal tender, with the U.S.’ possible approach.\nWarren also took aim at bitcoin and other proof-of-work cryptocurrencies’ environmental cost, saying it draws as much energy as The Netherlands, and could use as much energy as every other data center on Earth by the end of the year. (Whether bitcoin indeed uses an excess amount of energy compared to other technologies or monetary systems is hotlydebated.)\nAll four witnesses – Narula, Columbia Law’sLev Menand, Stanford University’sDarrell DuffieandDigital Dollar FoundationDirectorChris Giancarlo– argued that a well-built digital dollar would prove useful to the U.S.\nSen. Sherrod Brown (D-Ohio), who chairs the full Senate Banking Committee, expressed support Wednesday for the idea of a Federal Reserve-issued CBDC, saying it could complement a no-fee bank account plan he has proposed.\n“Americans shouldn’t have to pay exorbitant fees just to use the money they’ve already earned … a central bank digital currency can work with these no-fee accounts to make sure working families have access to the payment system and full participation in our economy,” he said. (Brown has also recently come out strongly againstprovisional banking chartersgranted to crypto-native firms.)\nArguments in favor of CBDCs varied. Menand said they could allow for large companies to find new ways of storing value.\n“Offering non-defaultable money with no maximum amount would be stabilizing for the U.S. financial system in ways that people haven’t thought about,” Menand said, adding:\n“It would be very helpful to large companies to be able to hold very, very large cash balances in non-defaultable amounts and this could crowd out a lot of unsafe and unstable alternative products that those companies use right now.”\nAdigital dollarmay also help the U.S. keep pace with China, which has been working on both its ownBlockchain-based Services Networkand a CBDC of its own, thedigital yuan.\nGiancarlo pointed to China’s work in arguing a CBDC would help the dollar maintain its role as the global reserve currency.\n“It’s only a matter of time before China will combine its latest blockchain technology with its new digital currency and its futures markets,” he said.\nHis remarks came a day after the full Senate passed theEndless Frontier Act, which if implemented as is would require the federal government to study the national security implications of the digital renminbi, after an amendment sponsored in part by Lummis.\n• Hong Kong Monetary Authority to Study a Retail CBDC\n• Bank of England Releases Discussion Paper on Stablecoins, CBDC', 'U.S. lawmakers may be warming to a central bank digital currency (CBDC).\nBut while CBDCs drew some of the attention during Wednesday’s Senate Banking Committee hearing, the issues aroundbitcoindrew far more attention from the group of lawmakers, led most vocally by Sen. Elizabeth Warren (D-Mass.).\nThe Subcommittee on Economic Policy, chaired by Warren, is likely going to hold further hearings on the cryptocurrency sector as well, the lawmaker told Bloomberg.\nRelated:Stablecoins, CBDCs Don’t Present Inherent Risk to Financial Stability: Bank of England Executive Says\nThe hearing presented one of the sharpest criticisms of bitcoin from U.S. lawmakers to date, even as smaller countries like El Salvador move toaccept the cryptocurrencyas legal tender. Warren’s views are likely a preview of how the issue may be discussed in other upcoming hearings, with counterparts in the House of Representatives holdinga similar discussionnext week.\n“If you want to send money to somebody else, digital currency can be easier and faster,” Warren said as she opened the hearing. “But in order for those advantages to be realized, the digital version needs to be secure, stable and accepted everywhere.”\nIn response, MIT Digital Currency Initiative DirectorNeha Narulapointed out that bitcoin’s value is not stable, pointing to the recent market drop of about 40%.\nWarren then likened cryptocurrencies to wildcat notes issued in the past.\nRelated:Moving on From Good-Bad Crypto Dialogue\nWarren’s view is markedly different from Sen. Cynthia Lummis (R-Wyo.), the pro-bitcoin lawmaker who launched a Financial Innovation Caucus last month.\nLummis contrasted nations using bitcoin, naming El Salvador’s recent bill to adopt the cryptocurrency as legal tender, with the U.S.’ possible approach.\nWarren also took aim at bitcoin and other proof-of-work cryptocurrencies’ environmental cost, saying it draws as much energy as The Netherlands, and could use as much energy as every other data center on Earth by the end of the year. (Whether bitcoin indeed uses an excess amount of energy compared to other technologies or monetary systems is hotlydebated.)\nAll four witnesses – Narula, Columbia Law’sLev Menand, Stanford University’sDarrell DuffieandDigital Dollar FoundationDirectorChris Giancarlo– argued that a well-built digital dollar would prove useful to the U.S.\nSen. Sherrod Brown (D-Ohio), who chairs the full Senate Banking Committee, expressed support Wednesday for the idea of a Federal Reserve-issued CBDC, saying it could complement a no-fee bank account plan he has proposed.\n“Americans shouldn’t have to pay exorbitant fees just to use the money they’ve already earned … a central bank digital currency can work with these no-fee accounts to make sure working families have access to the payment system and full participation in our economy,” he said. (Brown has also recently come out strongly againstprovisional banking chartersgranted to crypto-native firms.)\nArguments in favor of CBDCs varied. Menand said they could allow for large companies to find new ways of storing value.\n“Offering non-defaultable money with no maximum amount would be stabilizing for the U.S. financial system in ways that people haven’t thought about,” Menand said, adding:\n“It would be very helpful to large companies to be able to hold very, very large cash balances in non-defaultable amounts and this could crowd out a lot of unsafe and unstable alternative products that those companies use right now.”\nAdigital dollarmay also help the U.S. keep pace with China, which has been working on both its ownBlockchain-based Services Networkand a CBDC of its own, thedigital yuan.\nGiancarlo pointed to China’s work in arguing a CBDC would help the dollar maintain its role as the global reserve currency.\n“It’s only a matter of time before China will combine its latest blockchain technology with its new digital currency and its futures markets,” he said.\nHis remarks came a day after the full Senate passed theEndless Frontier Act, which if implemented as is would require the federal government to study the national security implications of the digital renminbi, after an amendment sponsored in part by Lummis.\n• Hong Kong Monetary Authority to Study a Retail CBDC\n• Bank of England Releases Discussion Paper on Stablecoins, CBDC', 'U.S. lawmakers may be warming to a central bank digital currency (CBDC). But while CBDCs drew some of the attention during Wednesday\x92s Senate Banking Committee hearing, the issues around bitcoin drew far more attention from the group of lawmakers, led most vocally by Sen. Elizabeth Warren (D-Mass.). The Subcommittee on Economic Policy, chaired by Warren, is likely going to hold further hearings on the cryptocurrency sector as well, the lawmaker told Bloomberg. Related: Stablecoins, CBDCs Don’t Present Inherent Risk to Financial Stability: Bank of England Executive Says The hearing presented one of the sharpest criticisms of bitcoin from U.S. lawmakers to date, even as smaller countries like El Salvador move to accept the cryptocurrency as legal tender. Warren\x92s views are likely a preview of how the issue may be discussed in other upcoming hearings, with counterparts in the House of Representatives holding a similar discussion next week. Pros and cons \x93If you want to send money to somebody else, digital currency can be easier and faster,\x94 Warren said as she opened the hearing. \x93But in order for those advantages to be realized, the digital version needs to be secure, stable and accepted everywhere.\x94 In response, MIT Digital Currency Initiative Director Neha Narula **Last 60 Days of Bitcoin's Closing Prices:** [60204.96, 59893.45, 63503.46, 63109.70, 63314.01, 61572.79, 60683.82, 56216.18, 55724.27, 56473.03, 53906.09, 51762.27, 51093.65, 50050.87, 49004.25, 54021.75, 55033.12, 54824.70, 53555.11, 57750.18, 57828.05, 56631.08, 57200.29, 53333.54, 57424.01, 56396.52, 57356.40, 58803.78, 58232.32, 55859.80, 56704.57, 49150.54, 49716.19, 49880.54, 46760.19, 46456.06, 43537.51, 42909.40, 37002.44, 40782.74, 37304.69, 37536.63, 34770.58, 38705.98, 38402.22, 39294.20, 38436.97, 35697.61, 34616.07, 35678.13, 37332.86, 36684.93, 37575.18, 39208.77, 36894.41, 35551.96, 35862.38, 33560.71, 33472.63, 37345.12] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2021-06-10 **Financial & Commodity Data:** - Gold Closing Price: $1894.20 - Crude Oil Closing Price: $70.29 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $701,864,154,569 - Hash Rate: 123462026.69810976 - Transaction Count: 252983.0 - Unique Addresses: 679752.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.21 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Bitcoin saw a 10% drop yesterday and broke down from its ascending support line. Technical indicators give mixed readings. There is support at $53,500 and resistance at $56,500 and $60,000. The bitcoin (BTC) price dropped 10% yesterday and tested the $53,500 support level. However, the cryptocurrency is still in a short-term uptrend, and future price action depends on the holding/losing the levels described below. Bitcoin drops 10% The bitcoin price has been increasing since reaching the local low of $47,000 on April 25. The alpha cryptocurrency is trying to break out from the long-term resistance near the psychological barrier of $60,000 (orange rectangle). Yesterday’s price action pushed back to this level but was followed by a quick bounce and a sharp drop to the $53,500 area. BTC lost 10% of its value and found support in the 0.5 Fib retracement area of the last upward move. Chart by Tradingview Holding the $53,500 area is crucial to maintaining the bullish structure of the short-term uptrend. On the other hand, dropping below the support area at $56,500 creates a short-term resistance currently being re-tested. Technical indicators Daily technical indicators give mixed/bearish readings: The Stochastic oscillator has made a bearish cross, dropping below 80 and is heading down In addition, the MACD generates lower positive momentum bars and is close to breaking into negative territory. RSI is in neutral territory, close to the value of 50. Chart by Tradingview Furthermore, the VPVR is in line with the monthly pivot and the aforementioned resistance area at $56,500. Regaining this area of the highest volume signature is crucial for determining the further direction of the trend. Chart by Tradingview Future BTC move The cryptocurrency trader @AltcoinSherpa published a BTC chart that shows the key areas of resistance and support that are in line with our analysis. Their regaining or loss will be crucial for the next days of Bitcoin’s price action. Story continues Source: Twitter A closer look at the short-term four-hour chart reveals that bitcoin has broken down from the rising support line that has been respected since April 25. The loss of this support line does not mean a reversal of the short-term bullish trend yet, as the price continues to hit higher lows (HL) and higher highs (HH). However, maintaining the key support area at $53,500 will determine the possibility of BTC for a potential attempt to break out from the resistance at $60,000. Chart by Tradingview Technical indicators on this interval are also mixed. RSI has dropped below the 50 line but is trying to rebound. MACD generates red bars, but sales pressure is declining. The Stochastic oscillator bounces just in front of bearish territory and tries to turn north. Conclusion BTC found support at $53,500 and is trying to regain an important area of resistance/support at $56,500. If it is successful, another attempt to break out from $60,000 will be possible. For BeInCrypto’s previous bitcoin (BTC) analysis, click here .... - Reddit Posts (Sample): [['u/Zetalonix', '$ISWH - A CryptoMining company with connections to South America!', 33, '2021-06-10 00:00', 'https://www.reddit.com/r/pennystocks/comments/nw7koy/iswh_a_cryptomining_company_with_connections_to/', 'Bitcoin recently received some big news regarding its plan to be adopted as legal tender by the country of El Salvador. In fact, many Latin American countries seem to be planning to follow suit here in the coming months ([https://www.google.com/amp/s/www.thestreet.com/crypto/.amp/bitcoin/panama-may-join-el-salvador-and-paraguay-in-bitcoin-adoption](https://www.google.com/amp/s/www.thestreet.com/crypto/.amp/bitcoin/panama-may-join-el-salvador-and-paraguay-in-bitcoin-adoption)). While this increased interest in Bitcoin is good for crypto as a whole, it serves a special purpose for $ISWH and their partners Bit5ive: “\\[as\\] Bit5ive…will distribute Bitmain’s Antminers to more than 30 countries in Latin, Central America, and the Caribbean”:\n\nhttps://preview.redd.it/8z72h38bbb471.png?width=258&format=png&auto=webp&s=0ecfe999282ff90a6e2ef2a1c5b8a559fce14108\n\n" There are 33 countries in Latin America and the Caribbean today, according to the United Nations.". **Bit5ive has distribution rights to over 30 of those countries...**\n\nAs more countries attempt to adopt Bitcoin into their central currency systems, Bit5ive and ISWH will be perfectly positioned to help expedite the process with their years of technical expertise and well built connections. Bit5ive’s main man is Mr. Robert Collazo, a wizard in the crypto mining and cryptocurrency space ([https://www.linkedin.com/in/robertcollazojr/](https://www.linkedin.com/in/robertcollazojr/)). His list of accomplishments speaks for itself, and the faith that people have in him is displayed by his direct connection with Miami Mayor Francis Suarez. Together they plan to make Miami a Bitcoin Mining Hub for the United States:\n\n​\n\nhttps://preview.redd.it/oysye30cbb471.png?width=255&format=png&auto=webp&s=c5cf118f11c63746f41b543dbf3727a3776e5ca5\n\nISWH and Bit5ive are ahead of the game when compared to most other crypto mining companies and partnerships, as they are powering their miners with green/renewable energy. Bit5ive has entered into an agreement with Scrubgrass Generating Company to supply green power for their PA Mining Project ([http://www.scrubgrass.com/](http://www.scrubgrass.com/)).\n\nTo conclude, here is the list of catalysts that should be coming over the next weeks and months:\n\n· New Board Member; specializing in renewable energy!\n\n· Hashrate/mining updates; pictures of the miners were recently uploaded to Twitter!\n\n· Share buyback in the works; the purchased shares will be used for future acquisitions/mergers!\n\n· Completed of Audit/SEC Registration and Up listing to OTCQB.\n\n· Keynote Speaker at Mining Disrupt Expo & Conference (July 20-21st); 100’s of companies will be there, and we are one of the headliners for the event!\n\n· **HEAVILY SHORTED**/high short interest:\n\n​\n\nhttps://preview.redd.it/0m6un9sdbb471.png?width=624&format=png&auto=webp&s=0adc7f1ac6146d744e862d1fc06ce64d990494e8\n\n\\-This is not financial advice; you should always do your own DD before making investments.', 'https://www.reddit.com/r/pennystocks/comments/nw7koy/iswh_a_cryptomining_company_with_connections_to/', 'nw7koy', [['u/Zetalonix', 10, '2021-06-10 04:47', 'https://www.reddit.com/r/pennystocks/comments/nw7koy/iswh_a_cryptomining_company_with_connections_to/h18hk8m/', 'I think this is where RIOT/MARA were about a year or so ago from now... look at how similar the charts are from around that time-frame. The only difference is that ISWH is choosing to utilize renewable energy from the get-go, instead of being forced to adjust later down the line!', 'nw7koy']]], ['u/investing-acc-2467', 'Here is my Net Worth. When should I CoastFIRE?', 14, '2021-06-10 00:11', 'https://www.reddit.com/r/coastFIRE/comments/nw7t78/here_is_my_net_worth_when_should_i_coastfire/', 'Hello! *(Brand new account to hide my identity, I hope you don\'t mind).* \nI already posted this on LeanFIRE to see what they suggested and I think I\'m a little far from leanFIRE at the moment. I\'m sharing this here to see what\'s your point of view.\n\nI\'m 33, Male. Single, no kids (planning to have one or two in the future).\n\n**I just calculated my net worth, here\'s a summary:**\n\nReal Estate: $165,000 (House) \n"Safe" Investments: $43,907 (ETFs and Stock Market) \nRisky Investments: $26,109 (BTC and ETH) \nGambling money: $13,064 (Alt Coins) \nIndividual Stocks: $1,350 (Mistakes) \nBank Account: $111,286 (Savings)\n\n**Total:** 360.716 USD.\n\nBackground: I started investing 3 months ago so I\'m new to this. I read a lot about safe investments and cryptocurrencies and I decided to take my chances with both.\n\nI have two jobs, and I\'m **making 80k+ per year.** I love both of them.\n\nMy **emergency fund** would be close to 10k.\n\nMy monthly expenses vary a lot, but **I\'d be fine with 2 to 3k/mo** even if I had to pay rent. \n*I could live with 1.5k for a long time if I had to, not a problem at all.*\n\n**Real Estate:** I\'ll be selling that house so I\'ll probably earn about 130k after taxes.\n\n**Situation:** I want to leanFIRE in the long run, and maybe coastFIRE as soon as I can. I love my jobs, but I want to be able to work whenever I want to.\n\n**What would you suggest?** I\'m standing in a huge amount of cash that I\'m not using. I\'m living in my own house at the moment but I\'m selling it within a year or two.\n\nI really appreciate your answers. Thank you!', 'https://www.reddit.com/r/coastFIRE/comments/nw7t78/here_is_my_net_worth_when_should_i_coastfire/', 'nw7t78', [['u/MustardGlaze', 10, '2021-06-10 00:50', 'https://www.reddit.com/r/coastFIRE/comments/nw7t78/here_is_my_net_worth_when_should_i_coastfire/h17onmt/', "Use the calculator: [https://walletburst.com/tools/coast-fire-calc/](https://walletburst.com/tools/coast-fire-calc/)\n\nInvest the cash in index funds. Dollar cost averaging with periodic buys over the next year or so might not be a bad idea, given what a strange economy we're currently in.", 'nw7t78'], ['u/slolift', 53, '2021-06-10 01:40', 'https://www.reddit.com/r/coastFIRE/comments/nw7t78/here_is_my_net_worth_when_should_i_coastfire/h17uw48/', 'Only 12% of your net worth is invested in stable investments? Do you have access to a 401k? Go to r/personalfinance and look at the flow chart on how to handle your money.', 'nw7t78'], ['u/PowerTrippingModz', 71, '2021-06-10 02:06', 'https://www.reddit.com/r/coastFIRE/comments/nw7t78/here_is_my_net_worth_when_should_i_coastfire/h17y1no/', 'The hell do you have 100k+ in cash? Man…that is pants-on-head. Invest that ish.\n\nAlso why are you selling your house?', 'nw7t78'], ['u/jackelope84', 11, '2021-06-10 05:06', 'https://www.reddit.com/r/coastFIRE/comments/nw7t78/here_is_my_net_worth_when_should_i_coastfire/h18jr4o/', 'Your total net worth looks good to coast on, but I\'d recommend moving 90% of it into stable ETFs like VTI or similar. Get that cash working for you! \n\n"Individual Stocks: $1,350 (Mistakes)"\n\nMistakes, lol. Me too. I\'ve gotta keep off r/wallstreetbets.', 'nw7t78'], ['u/deltabetaalpha', 17, '2021-06-10 05:14', 'https://www.reddit.com/r/coastFIRE/comments/nw7t78/here_is_my_net_worth_when_should_i_coastfire/h18klay/', 'Dude your asset allocation is incredibly risky and out of whack. That’s way too much cash, put it in total market ETFs. You’re crazy over exposed to crypto for your net worth as well. 13k gambling money is also crazy high. You have the portfolio of someone trying to get rich quick and there is a much higher likelihood that won’t work out.', 'nw7t78']]], ['u/Nine_', "What's Going on With BTC Short Interest?", 47, '2021-06-10 00:53', 'https://www.reddit.com/r/BitcoinMarkets/comments/nw8oew/whats_going_on_with_btc_short_interest/', "I see BTC short interest on Bitfenex just skyrocketed today past levels from May 17/18 when we saw BTC drop from 45k to 30k. What are the implications of this? I'm kind of a noob, is this a short squeeze due to the high shorts interest from Jun 7-9 getting wrecked by the El Salvador pump? Or what's going on?", 'https://www.reddit.com/r/BitcoinMarkets/comments/nw8oew/whats_going_on_with_btc_short_interest/', 'nw8oew', [['u/nmeinenemy', 10, '2021-06-10 03:47', 'https://www.reddit.com/r/BitcoinMarkets/comments/nw8oew/whats_going_on_with_btc_short_interest/h18ad0x/', 'Sure the shorts increased like now when btc went from 45-30k, but check the covid dump . Short interest spiked into 4K and we only went up . So it’s a data point but wouldn’t take it too serious .', 'nw8oew'], ['u/Ruzhyo04', 29, '2021-06-10 04:06', 'https://www.reddit.com/r/BitcoinMarkets/comments/nw8oew/whats_going_on_with_btc_short_interest/h18cnks/', '"Everyone knows" is when everyone gets wrecked', 'nw8oew'], ['u/grayjacanda', 33, '2021-06-10 05:21', 'https://www.reddit.com/r/BitcoinMarkets/comments/nw8oew/whats_going_on_with_btc_short_interest/h18lduh/', "The folks who made money shorting the last dozen short-lived bounces and rallies over the past two months are making the same play again. \nI believe it will turn out differently for them this time and that they've gone to the well once too often, but they're the ones who have been making bank the last two months, not me, so who knows.", 'nw8oew'], ['u/DrunkBeforeFive', 12, '2021-06-10 05:27', 'https://www.reddit.com/r/BitcoinMarkets/comments/nw8oew/whats_going_on_with_btc_short_interest/h18m4bz/', 'No. I\'m saying that inflation is bad for all aspects of the economy. I realize retail traders say buying bitcoin is a "hedge" against inflation. In reality that\'s just not true as Bitcoin holdd no "actual" value except among the people who own/trade it (i.e you cant currently go to McDonald\'s and buy a hamburger with Bitcoin. Therefore in actuality it holds no value). Therefore, ... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
37334.40, 35552.52, 39097.86, 40218.48, 40406.27, 38347.06, 38053.50, 35787.25, 35615.87, 35698.30
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['T he Department of Justice recently recovered more than half of the ransom Colonial Pipeline paid to hackers after shutting down its East Coast pipeline for six days. Still, other corporate ransomware victims should not count on getting similar assistance. The DOJ announced on June 7 that it recovered $2.3 million worth of the $4.4 million in bitcoin paid by Colonial Pipeline. It isn\'t the first time U.S. law enforcement agencies have recovered ransom money paid. But recovery is "not proven as a systemic, repeatable answer at scale," said Bryson Bort, CEO of Scythe , a vendor of a cybersecurity adversary emulation platform. In this case, the DOJ\'s actions were encouraging, added Keatron Evans, a principal security researcher at Infosec Institute , a cybersecurity training provider. "But it should be pointed out that this result is not typical and probably won\'t be," he added. "How many resources did the FBI have to put on this to do what was done? The answer is likely many." The potential downside is that other attacked organizations may expect the same results, Evans added. "My fear is that every organization will think this will be their outcome, so organizations that would normally hold off on paying the ransom might now pay it quickly, hoping the FBI will come in and get their money back," he told the Washington Examiner. "I don\'t think that is a realistic expectation in most cases, especially for the smaller ransom demands." The DOJ and FBI have provided few details about how they recovered the 63.7 bitcoins paid to DarkSide, an Eastern European hacking group that the DOJ described as a ransomware-as-a-service provider. The FBI was able to trace the bitcoin-based payments by monitoring the Bitcoin public ledger, which is open to viewing by the general public. Agents were able to track multiple bitcoin transfers and identify that approximately 63.7 bitcoins had been transferred to a specific virtual wallet. The FBI had the "private key," a type of password needed to access the bitcoins. The DOJ did not disclose how the FBI gained access to the private key to access the virtual wallet. Some cybersecurity experts suggested law enforcement may have gained access to the public key with hacking efforts, and this announcement may mean a new era of law enforcement hacking campaigns. Others suggested the virtual wallet may have been seized ahead of time in an investigation. "Bitcoin does not have a central bank or registry that can be approached by the DOJ," said Aviram Jenik, CEO at Beyond Security , a cybersecurity vendor. "This means the bitcoin recovery is a euphemism for breaking into the target\'s computer and taking over their bitcoin wallet." Story continues The DOJ efforts also show that cryptocurrency may not be as secure as advertised, Jenik told the Washington Examiner. "It shows that one of bitcoin\'s basic premises, that it is a currency that is outside the reach of the government, is probably incorrect," he said. "If the U.S. government can do it, the Chinese government can probably do it, too, and soon, every other government will learn how to do it. Bitcoin wallets are going to be just like safety deposit boxes — something that may be out of sight but not out of reach." The DOJ intended to disrupt the profit motives of the ransomware hackers, Lisa Monaco, the DOJ\'s deputy attorney general, said during a press conference . Ransomware is a national and economic security threat to the United States, she said, and law enforcement agencies will use "all the tools at our disposal" to disrupt ransomware networks. "Ransomware attacks are always unacceptable," she added. "But when they target critical infrastructure, we will spare no effort in our response." Several cybersecurity experts praised the DOJ for putting ransomware hackers on notice that the fight against them is escalating. "It\'s clear the government is attempting to address the rapidly growing ransomware issue from all angles," said Brian Pawlowski, senior vice president and chief development officer at Quantum , a ransomware protection vendor. "This offensive strategy represents a new tactic to combat ransomware." The hunter is becoming the hunted, Pawlowski told the Washington Examiner. "Just like criminals have access to the latest technology to access a network and leave no trace, IT security managers do as well," he said. "We recommend they not only leverage the available tools to combat ransomware or other malware but master them." Washington Examiner Videos Tags: Technology , Cybersecurity , Computer Hacking , Hacking , Colonial Pipeline , Congress , Business , FBI , Bitcoin , Ransomware attack Original Author: Grant Gross Original Location: Department of Justice recovers more than half ransom paid by Colonial Pipeline View comments', 'T he Department of Justice recently recovered more than half of the ransom Colonial Pipeline paid to hackers after shutting down its East Coast pipeline for six days. Still, other corporate ransomware victims should not count on getting similar assistance. The DOJ announced on June 7 that it recovered $2.3 million worth of the $4.4 million in bitcoin paid by Colonial Pipeline. It isn\'t the first time U.S. law enforcement agencies have recovered ransom money paid. But recovery is "not proven as a systemic, repeatable answer at scale," said Bryson Bort, CEO of Scythe , a vendor of a cybersecurity adversary emulation platform. In this case, the DOJ\'s actions were encouraging, added Keatron Evans, a principal security researcher at Infosec Institute , a cybersecurity training provider. "But it should be pointed out that this result is not typical and probably won\'t be," he added. "How many resources did the FBI have to put on this to do what was done? The answer is likely many." The potential downside is that other attacked organizations may expect the same results, Evans added. "My fear is that every organization will think this will be their outcome, so organizations that would normally hold off on paying the ransom might now pay it quickly, hoping the FBI will come in and get their money back," he told the Washington Examiner. "I don\'t think that is a realistic expectation in most cases, especially for the smaller ransom demands." The DOJ and FBI have provided few details about how they recovered the 63.7 bitcoins paid to DarkSide, an Eastern European hacking group that the DOJ described as a ransomware-as-a-service provider. The FBI was able to trace the bitcoin-based payments by monitoring the Bitcoin public ledger, which is open to viewing by the general public. Agents were able to track multiple bitcoin transfers and identify that approximately 63.7 bitcoins had been transferred to a specific virtual wallet. The FBI had the "private key," a type of password needed to access the bitcoins. The DOJ did not disclose how the FBI gained access to the private key to access the virtual wallet. Some cybersecurity experts suggested law enforcement may have gained access to the public key with hacking efforts, and this announcement may mean a new era of law enforcement hacking campaigns. Others suggested the virtual wallet may have been seized ahead of time in an investigation. "Bitcoin does not have a central bank or registry that can be approached by the DOJ," said Aviram Jenik, CEO at Beyond Security , a cybersecurity vendor. "This means the bitcoin recovery is a euphemism for breaking into the target\'s computer and taking over their bitcoin wallet." Story continues The DOJ efforts also show that cryptocurrency may not be as secure as advertised, Jenik told the Washington Examiner. "It shows that one of bitcoin\'s basic premises, that it is a currency that is outside the reach of the government, is probably incorrect," he said. "If the U.S. government can do it, the Chinese government can probably do it, too, and soon, every other government will learn how to do it. Bitcoin wallets are going to be just like safety deposit boxes — something that may be out of sight but not out of reach." The DOJ intended to disrupt the profit motives of the ransomware hackers, Lisa Monaco, the DOJ\'s deputy attorney general, said during a press conference . Ransomware is a national and economic security threat to the United States, she said, and law enforcement agencies will use "all the tools at our disposal" to disrupt ransomware networks. "Ransomware attacks are always unacceptable," she added. "But when they target critical infrastructure, we will spare no effort in our response." Several cybersecurity experts praised the DOJ for putting ransomware hackers on notice that the fight against them is escalating. "It\'s clear the government is attempting to address the rapidly growing ransomware issue from all angles," said Brian Pawlowski, senior vice president and chief development officer at Quantum , a ransomware protection vendor. "This offensive strategy represents a new tactic to combat ransomware." The hunter is becoming the hunted, Pawlowski told the Washington Examiner. "Just like criminals have access to the latest technology to access a network and leave no trace, IT security managers do as well," he said. "We recommend they not only leverage the available tools to combat ransomware or other malware but master them." Washington Examiner Videos Tags: Technology , Cybersecurity , Computer Hacking , Hacking , Colonial Pipeline , Congress , Business , FBI , Bitcoin , Ransomware attack Original Author: Grant Gross Original Location: Department of Justice recovers more than half ransom paid by Colonial Pipeline View comments', 'A notorious cybercriminal gang that has siphoned tens of millions of dollars in ransomware attacks to date is now unabashedly targeting U.S. hospitals, according to an article inThe Wall Street Journal.\nThe Eastern European group, which may have ties to the Russian government and is called Ryuk after the software it uses, has targeted multiple industries in recent years and made a pra **Last 60 Days of Bitcoin's Closing Prices:** [59893.45, 63503.46, 63109.70, 63314.01, 61572.79, 60683.82, 56216.18, 55724.27, 56473.03, 53906.09, 51762.27, 51093.65, 50050.87, 49004.25, 54021.75, 55033.12, 54824.70, 53555.11, 57750.18, 57828.05, 56631.08, 57200.29, 53333.54, 57424.01, 56396.52, 57356.40, 58803.78, 58232.32, 55859.80, 56704.57, 49150.54, 49716.19, 49880.54, 46760.19, 46456.06, 43537.51, 42909.40, 37002.44, 40782.74, 37304.69, 37536.63, 34770.58, 38705.98, 38402.22, 39294.20, 38436.97, 35697.61, 34616.07, 35678.13, 37332.86, 36684.93, 37575.18, 39208.77, 36894.41, 35551.96, 35862.38, 33560.71, 33472.63, 37345.12, 36702.60] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2021-06-11 **Financial & Commodity Data:** - Gold Closing Price: $1877.40 - Crude Oil Closing Price: $70.91 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $691,365,130,312 - Hash Rate: 109860277.9940807 - Transaction Count: 216502.0 - Unique Addresses: 616007.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.21 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: (Updates prices, market activity; new byline, changes dateline, previous LONDON) * Dollar slumps to 6-week low * MSCI EM FX index hits 1-month high * Bitcoin trades near $56,000 after weekend plunge * Graphic: World FX rates https://tmsnrt.rs/2RBWI5E By David Henry NEW YORK, April 19 (Reuters) - The dollar slumped to a six-week low against other major currencies on Monday as markets sorted out the plunge in U.S. Treasury yields last week after the Federal Reserve reiterated that any spike in inflation is likely to be temporary. Improved risk sentiment as shown by the rally in global stocks to record highs weighed on the greenback. Bitcoin stabilized after losses from Sunday, when it plunged as much as 14% to $51,541, which a report attributed to news of a power outage in China. The dollar index, which tracks the greenback against major currencies, fell 0.5% to 91.159, continuing a downtrend that started on March 31. The greenback's weakness was pronounced across the board early on Monday, with the currency hitting multi-week lows against major peers in the G10 group of currencies: the Japanese yen, the Swiss franc, the Australian dollar and the New Zealand dollar, and the euro. The 10-year Treasury yield was up slightly on Monday to 1.6082% after sinking last week to 1.5280% from 1.7760% in March. "Indeed, the USD rally is all but distant memory by now and the currency's underperformance seems to reflect the apparent divergence in the outlook between the slumping UST yields and the rather perky bond yields elsewhere," said Valentin Marinov, head of G10 FX research at Credit Agricole. "This is almost the exact opposite of the moves we saw in March," Marinov said. The euro rose above $1.20 for the first time in more than six weeks, touching a high of $1.2048 before easing off in the morning in New York to $1.2022. The European Central Bank meets on Thursday with internal divisions over the pace of bond-buying, extended COVID-19 lockdowns and potential delays to the EU recovery fund forming the backdrop. The market is in a period of consolidation in U.S. yields and the dollar exchange rates, according to Masafumi Yamamoto, the chief currency strategist at Mizuho Securities in Tokyo. The dollar bought 108.2750 yen on Monday, the least since March 5. Fed Governor Christopher Waller said on CNBC on Friday that the U.S. economy "is ready to rip" as vaccinations continue and activity picks up, but a rise in inflation is likely to be transitory, echoing comments from other U.S. central bank officials, including Chair Jerome Powell, over the past week. "With liquidity still abundant, we are going to hear more about the FX carry trade – which thrives in a low volatility environment," said Chris Turner, global head of markets and regional head of research for UK and CEE at ING. MSCI's emerging market currency index hit its highest level in a month and last traded 0.15% higher on the day. Bitcoin was last at $56,265, flat for the day after plunging on Sunday. Data website CoinMarketCap cited a blackout in China’s Xinjiang region, which reportedly powers a lot of bitcoin mining, for the selloff. Despite recent weakness, the world's most popular cryptocurrency remains up nearly 100%, after more than quadrupling last year. ======================================================== Currency bid prices at 9:48AM (1348 GMT) Description RIC Last U.S. Close Pct Change YTD Pct High Bid Low Bid Previous Change Session Dollar index 91.1590 91.6180 -0.49% 1.309% +91.7480 +91.0310 Euro/Dollar $1.2022 $1.1983 +0.33% -1.60% +$1.2048 +$1.1943 Dollar/Yen 108.2750 108.7900 -0.46% +4.80% +108.8250 +108.0100 Euro/Yen 130.17 130.34 -0.13% +2.56% +130.3200 +129.7100 Dollar/Swiss 0.9153 0.9201 -0.51% +3.46% +0.9215 +0.9130 Sterling/Dollar $1.3955 $1.3850 +0.77% +2.15% +$1.3969 +$1.3811 Dollar/Canadian 1.2503 1.2510 -0.05% -1.81% +1.2528 +1.2472 Aussie/Dollar $0.7767 $0.7734 +0.43% +0.97% +$0.7784 +$0.7706 Euro/Swiss 1.1005 1.1023 -0.16% +1.83% +1.1029 +1.0993 Euro/Sterling 0.8612 0.8661 -0.57% -3.64% +0.8672 +0.8611 NZ $0.7180 $0.7148 +0.44% -0.03% +$0.7197 +$0.7117 Dollar/Dollar Dollar/Norway 8.2975 8.3665 -0.90% -3.44% +8.4110 +8.2830 Euro/Norway 9.9761 10.0290 -0.53% -4.69% +10.0532 +9.9704 Dollar/Sweden 8.3917 8.4277 -0.14% +2.38% +8.4762 +8.3784 Euro/Sweden 10.0892 10.1032 -0.14% +0.13% +10.1257 +10.0819 (Reporting by David Henry in New York and Ritvik Carvalho in London; additional reporting by Kevin Buckland in Tokyo; editing by Larry King and Paul Simao)... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
35552.52, 39097.86, 40218.48, 40406.27, 38347.06, 38053.50, 35787.25, 35615.87, 35698.30, 31676.69
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['Bitcoin, BTC to USD, rose by 1.79% on Friday. Reversing a 1.89% fall from Thursday, Bitcoin ended the day at $37,338.0.\nA mixed start to the day saw Bitcoin fall to an early morning intraday low $35,929.0 before making a move.\nSteering clear of the first major support level at $35,540, Bitcoin rose to a late morning intraday high $37,650.0.\nFalling short of the first major resistance level at $38,061, Bitcoin fell to $36,500 levels before finding support.\nA late move back through to $37,300 levels delivered the upside on the day.\nThe near-term bullish trend remained intact supported by the latest move back through to $37,000 levels. For the bears, Bitcoin would need a sustained fall through the 62% FIB of $27,237 to form a near-term bearish trend.\nAcross the rest of the majors, it was a mixed day on Friday.\nBitcoin Cash SVrose by 3.76% to buck the broader trend and join Bitcoin in the green.\nIt was a bearish day for the rest of the majors, however.\nPolkadot slid by 9.32% to lead the way down, withCardano’s ADA(-6.22%) andChainlink(-7.01%) also seeing heavy losses.\nBinance Coin(-1.80%),Crypto.com Coin(-0.76%),Ethereum(-4.71%),Litecoin(-3.23%), andRipple’s XRP(-2.85%) saw relatively modest losses.\nIn the current week, the crypto total market rose to a Monday high $1,670bn before falling to a Tuesday low $1,374bn. At the time of writing, the total market cap stood at $1,519bn.\nBitcoin’s dominance fell to a Monday low 41.28% before rising to a Friday high 45.64%. At the time of writing, Bitcoin’s dominance stood at 45.74%.\nAt the time of writing, Bitcoin was down by 0.71% to $37,072.0. A mixed start to the day saw Bitcoin rise to an early morning high $37,461.3 before falling to a low $37,040.0.\nBitcoin left the major support and resistance levels untested early on.\nElsewhere, it was a bearish start to the day.\nAt the time of writing, Chainlink was down by 2.04% to lead the way down.\nBitcoin would need to avoid the $36,972 pivot to bring the first major resistance level at $38,016 into play.\nSupport from the broader market would be needed for Bitcoin to break back through to $38,000 levels.\nBarring a broad-based crypto rally, the first major resistance level would likely cap any upside.\nIn the event of another extended crypto rally, Bitcoin could test resistance at $40,000 before any pullback. The second major resistance level sits at $38,693.\nA fall through the $36,972 pivot would bring the first major support level at $36,295 into play.\nBarring an extended sell-off on the day, Bitcoin should steer clear of the second major support level at $35,251.\nThisarticlewas originally posted on FX Empire\n• Crude Oil Weekly Price Forecast – Crude Oil Continues to Reach Higher Levels\n• Silver Weekly Price Forecast – Silver Continues to Push Towards Upside\n• Natural Gas Weekly Price Forecast – Natural Gas Pressuring Resistance\n• Gold Weekly Price Forecast – Gold Markets Continue Consolidating\n• Silver Price Forecast – Silver Markets Failed to Hang on to Gains\n• Natural Gas Price Prediction – Prices Surge on LNG Exports', 'Bitcoin , BTC to USD, rose by 1.79% on Friday. Reversing a 1.89% fall from Thursday, Bitcoin ended the day at $37,338.0. A mixed start to the day saw Bitcoin fall to an early morning intraday low $35,929.0 before making a move. Steering clear of the first major support level at $35,540, Bitcoin rose to a late morning intraday high $37,650.0. Falling short of the first major resistance level at $38,061, Bitcoin fell to $36,500 levels before finding support. A late move back through to $37,300 levels delivered the upside on the day. The near-term bullish trend remained intact supported by the latest move back through to $37,000 levels. For the bears, Bitcoin would need a sustained fall through the 62% FIB of $27,237 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was a mixed day on Friday. Bitcoin Cash SV rose by 3.76% to buck the broader trend and join Bitcoin in the green. It was a bearish day for the rest of the majors, however. Polkadot slid by 9.32% to lead the way down, with Cardano’s ADA (-6.22%) and Chainlink (-7.01%) also seeing heavy losses. Binance Coin (-1.80%), Crypto.com Coin (-0.76%), Ethereum (-4.71%), Litecoin (-3.23%), and Ripple’s XRP (-2.85%) saw relatively modest losses. In the current week, the crypto total market rose to a Monday high $1,670bn before falling to a Tuesday low $1,374bn. At the time of writing, the total market cap stood at $1,519bn. Bitcoin’s dominance fell to a Monday low 41.28% before rising to a Friday high 45.64%. At the time of writing, Bitcoin’s dominance stood at 45.74%. This Morning At the time of writing, Bitcoin was down by 0.71% to $37,072.0. A mixed start to the day saw Bitcoin rise to an early morning high $37,461.3 before falling to a low $37,040.0. Bitcoin left the major support and resistance levels untested early on. Elsewhere, it was a bearish start to the day. At the time of writing, Chainlink was down by 2.04% to lead the way down. For the Bitcoin Day Ahead Bitcoin would need to avoid the $36,972 pivot to bring the first major resistance level at $38,016 into play. Story continues Support from the broader market would be needed for Bitcoin to break back through to $38,000 levels. Barring a broad-based crypto rally, the first major resistance level would likely cap any upside. In the event of another extended crypto rally, Bitcoin could test resistance at $40,000 before any pullback. The second major resistance level sits at $38,693. A fall through the $36,972 pivot would bring the first major support level at $36,295 into play. Barring an extended sell-off on the day, Bitcoin should steer clear of the second major support level at $35,251. This article was originally posted on FX Empire More From FXEMPIRE: Crude Oil Weekly Price Forecast – Crude Oil Continues to Reach Higher Levels Silver Weekly Price Forecast – Silver Continues to Push Towards Upside Natural Gas Weekly Price Forecast – Natural Gas Pressuring Resistance Gold Weekly Price Forecast – Gold Markets Continue Consolidating Silver Price Forecast – Silver Markets Failed to Hang on to Gains Natural Gas Price Prediction – Prices Surge on LNG Exports', "The Federal Reserve is taking what may be the first significant step toward launching its own virtual currency, a move that could shake up banks, give millions of low-income Americans access to the financial system and fortify the dollar's status as the world’s reserve currency. The idea of creating a fully digital version of the U.S. dollar, which was unthinkable just a few years ago, has gained bipartisan interest from lawmakers as diverse as Sens. Elizabeth Warren (D-Mass.) and John Kennedy (R-La.) because of its potential benefits for consumers who don’t have bank accounts. But it’s also sparking strong pushback from those with the most to lose: banks. “The United States should not implement a [central bank digital currency] simply because we can or because others are doing so,” the American Bankers Association said in a statement to lawmakers this week. The benefits “are theoretical, difficult to measure, and may be elusive,” while the negative consequences “could be severe,” the group wrote. The explosive rise of private cryptocurrencies in recent years motivated the Fed to start considering a digital dollar to be used alongside the traditional paper currency. The biggest driver of concern was a Facebook-led effort, launched in 2019, to build a global payments network using crypto technology. Though that effort is now much narrower, it demonstrated how the private sector could, in theory, create a massive currency system outside government control. Now, central banks around the world have begun exploring the idea of issuing their own digital currencies — a fiat version of a cryptocurrency that would operate more like physical cash — that would have some of the same technological benefits as other cryptocurrencies. That could provide unwelcome competition for banks by giving depositors another safe place to put their money. A person or a business could keep their digital dollars in a virtual “wallet” and then transfer them directly to someone else without needing to use a bank account. Even if the wallet were operated by a bank, the firm wouldn’t be able to lend out the cash. But unlike other crypto assets like Bitcoin or Ether, it would be directly backed and controlled by the central bank, allowing the monetary authorities to use it, like any other form of the dollar, in its policies to guide interest rates. Story continues The Federal Reserve Bank of Boston and the Massachusetts Institute of Technology’s Digital Currency Initiative are aiming next month to publish the first stage of their work to determine whether a Fed virtual currency would work on a practical level — an open-source license for the most basic piece of infrastructure around creating and moving digital dollars. But it will likely be up to Congress to ultimately decide whether the central bank should formally pursue such a project, as Fed Chair Jerome Powell has acknowledged. Lawmakers on both sides of the aisle are intrigued, particularly as they eye China’s efforts to build its own central bank digital currency, as well as the global rise of cryptocurrencies, both of which could diminish the dollar’s influence. Sen. Elizabeth Warren, D-Mass., speaks during a Senate Finance Committee hearing on the IRS budget request on Capitol Hill in Washington, Tuesday, June 8, 2021. (Evelyn Hockstein/Pool via AP) Democrats have especially been skeptical about crypto assets because there are fewer consumer protections and the currencies can be used for illicit activity. There are also environmental concerns posed by the sheer amount of electricity used to unlock new units of digital currencies like Bitcoin. Warren suggested the Fed project could resolve some of those concerns. “Legitimate digital public money could **Last 60 Days of Bitcoin's Closing Prices:** [63503.46, 63109.70, 63314.01, 61572.79, 60683.82, 56216.18, 55724.27, 56473.03, 53906.09, 51762.27, 51093.65, 50050.87, 49004.25, 54021.75, 55033.12, 54824.70, 53555.11, 57750.18, 57828.05, 56631.08, 57200.29, 53333.54, 57424.01, 56396.52, 57356.40, 58803.78, 58232.32, 55859.80, 56704.57, 49150.54, 49716.19, 49880.54, 46760.19, 46456.06, 43537.51, 42909.40, 37002.44, 40782.74, 37304.69, 37536.63, 34770.58, 38705.98, 38402.22, 39294.20, 38436.97, 35697.61, 34616.07, 35678.13, 37332.86, 36684.93, 37575.18, 39208.77, 36894.41, 35551.96, 35862.38, 33560.71, 33472.63, 37345.12, 36702.60, 37334.40] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2021-06-12 **Financial & Commodity Data:** - Gold Closing Price: $1877.40 - Crude Oil Closing Price: $70.91 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $662,928,491,025 - Hash Rate: 138110063.76398718 - Transaction Count: 222774.0 - Unique Addresses: 584529.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.28 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: May 19 was theworst day bitcoin has seen this yearand left some watchers wondering: did it destroy bitcoin’s narrative? The answer is, for those watching closely, it likely strengthened it. Here’s why:bitcoinproved itself on Wednesday when it saw its second biggest volume day of the year, and market infrastructure did not break. Some exchanges suffered outages, but liquidity was available, as spot volumes show. Moreover, while a drop of over 30% may be dizzying for new buyers high on hopium, such events are not uncommon in bitcoin’s bull-market history. The chart above shows bitcoin-dollar volume on the 11 exchanges that are eligible as components of theCoinDesk Bitcoin Price Index (XBX). That means these markets are accessible to U.S. investors, have transparent ownership and do not place limits on bitcoin or dollar withdrawals, among other criteria. Related:Institutional Crypto Exchange LMAX Digital Hit Record $6.6B Volume on Bitcoin’s ‘Black Wednesday’ The chart shows how the May 19 selloff compared, in bitcoin terms, to volume traded in the Jan. 10 selloff, as Dogecoin and GameStop mania peaked on Jan. 22, and during a second sell-off in February. The bitcoin-dollar markets in general are useful to watch, because they can indicate activity at a well-known market entry point – a place where new entrants “buying the dip” are likely to place orders. More narrowly, XBX eligibility means these exchanges can attract institutional activity as well. In particular, LMAX Digital serves institutional clients exclusively, and Coinbase (marked here as Coinbase Pro) volume is 64% institutional, according to the company’s latest earnings report. (To get insights like this in your inbox every Monday,sign up for CoinDesk Indexes’ weekly newsletter, “The Hard Fork”.) Related:Bitcoin Holds Short-Term Support; Faces Resistance at $40K Coinbase specifically set records on Wednesday, handling over $4 billion in notional BTC/USD volume for the first time. (It was not a record in bitcoin units. That record was set Dec. 13 2015, when 165,543 BTC changed hands on Coinbase dollar markets. For context,December 2015saw bitcoin trading up into the $400s, four months into abull marketthat would last through December 2017.) Coinbase ETH/USD markets also handled record volume in bothETHand dollar terms on Wednesday, 1.7 million ETH valued in aggregate at $4.5 billion. The fact that spot market volume can crescendo like this is an indicator of market maturity, at least in these two blue-chip cryptocurrencies: capital is able to flow in as the price drops, and sellers are finding buyers on the way down. Meanwhile, in offshore derivatives markets, all was normal. Wednesday put this week over $4 billion in bitcoin futures liquidations. As this chart, pulled Thursday from skew.com, shows, this past week was only the third highest week for liquidations so far in 2021, and it’s the fourth time this year that bitcoin futures liquidations have crossed $4 billion in notional value. Offshore futures markets did not artificially flash-crash the price. Wednesday’s bitcoin price drop was swifter and deeper than any so far this year. The CoinDesk Bitcoin Price Index (XBX) low, struck in the wee hours UTC time at $30,037.61, was 54% off its all-time high, 41% off its price beforeElon started tweetingand 30% off the prior day’s closing price at midnight UTC. It’s the third time this year bitcoin has entered “bear market” territory, by equity markets’ rule of thumb, which is a 20% drop. The two prior occasions occurred as the XBX made its way to its current all-time high ($64,888.19, set on April 14).Some bear market. On any time scale, a 30% intra-day drop is unusual for bitcoin. Matt Weller of forex.com presented this illustrative chart Wednesday afternoon onAll About Bitcoinon CoinDesk TV. The chart shows how, in the bull market that began in the second half of 2015, bitcoin saw eight drawdowns of 30% or more. None of them took place in the course of a single 24-hour day. But they all took place during a longer upward trend that took bitcoin’s price from $200 to $20,000. The current bull market dates back to March 2020, when bitcoin hit a yearly low of $3,905. If this bull market grows to resemble that period, it will put bitcoin on course to hit the $400,000 mark by July 2022. That’s a big if, but also apopularone. • Bitcoin, Ether Bounce After Disastrous Week for Crypto Market • Crypto Long & Short: Crypto Markets Are Volatile Because They’re Free... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
39097.86, 40218.48, 40406.27, 38347.06, 38053.50, 35787.25, 35615.87, 35698.30, 31676.69, 32505.66
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['Bitcoin , BTC to USD, slid by 4.75% on Saturday. Reversing a 1.79% gain from Friday, Bitcoin ended the day at $35,564.0. A mixed start to the day saw Bitcoin rise to an early morning intraday high $37,461.3 before hitting reverse. Falling well short of the first major resistance level at $38,016, Bitcoin slid to a late morning intraday low $34,630.0. The extended sell-off saw Bitcoin fall through the first major support level at $36,295 and the second major support level at $35,251. Steering clear of sub-$35,000 levels, however, Bitcoin broke back through the second major resistance level to revisit $36,000 levels before easing back. Going into the 2 nd half of the day, the first major support level had pinned Bitcoin back. The near-term bullish trend remained in spite of the latest fall back to sub-$35,000 levels. For the bears, Bitcoin would need a sustained fall through the 62% FIB of $27,237 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was a mixed day on Saturday. Polkadot rose by 4.07% to lead the way, with Cardano’s ADA (+2.89%), Chainlink (+0.68%), and Ethereum (+0.70%) also finding support. It was a bearish day for the rest of the majors, however. Bitcoin Cash SV slid by 7.67% to lead the way down, with Crypto.com Coin falling by 4.93%. Binance Coin (-0.57%), Litecoin (-0.63%), and Ripple’s XRP (-1.81%) saw relatively modest losses. In the current week, the crypto total market rose to a Monday high $1,670bn before falling to a Tuesday low $1,374bn. At the time of writing, the total market cap stood at $1,493bn. Bitcoin’s dominance fell to a Monday low 41.28% before rising to a Friday high 45.66%. At the time of writing, Bitcoin’s dominance stood at 44.51%. This Morning At the time of writing, Bitcoin was down by 0.18% to $35,501.0. A mixed start to the day saw Bitcoin rise to an early morning high $35,652.5 before falling to a low $35,391.0. Bitcoin left the major support and resistance levels untested early on. Story continues Elsewhere, it was a mixed start to the day. Crypto.com Coin bucked the trend early on, rising by 0.27%. It was a bearish start for the rest of the majors, however. At the time of writing, Cardano’s ADA was down by 0.57% to lead the way down. For the Bitcoin Day Ahead Bitcoin would need to move through the $35,885 pivot to bring the first major resistance level at $37,140 into play. Support from the broader market would be needed for Bitcoin to break back through to $37,000 levels. Barring a broad-based crypto rally, the first major resistance level and Saturday’s high $37,461.3 would likely cap any upside. In the event of another extended crypto rally, Bitcoin could test resistance at $40,000 before any pullback. The second major resistance level sits at $38,716. Failure to move through the $35,885 pivot would bring the first major support level at $34,309 into play. Barring another extended sell-off on the day, Bitcoin should steer clear of sub-$33,000 levels. The second major support level at $33,054 should limit the downside. This article was originally posted on FX Empire More From FXEMPIRE: The Weekly Wrap – Monetary Policy and Economic Data Accompanied Market Optimism AMC Party Trends on Twitter, Stock Inches Closer to USD 50 Ethereum, Litecoin, and Ripple’s XRP – Daily Tech Analysis – June 12th, 2021 European Equities: A Week in Review – 11/06/21 European Equities: Economic Data and Updates from the G7 Summit in Focus Natural Gas Price Prediction – Prices Surge on LNG Exports', 'Bitcoin, BTC to USD, slid by 4.75% on Saturday. Reversing a 1.79% gain from Friday, Bitcoin ended the day at $35,564.0.\nA mixed start to the day saw Bitcoin rise to an early morning intraday high $37,461.3 before hitting reverse.\nFalling well short of the first major resistance level at $38,016, Bitcoin slid to a late morning intraday low $34,630.0.\nThe extended sell-off saw Bitcoin fall through the first major support level at $36,295 and the second major support level at $35,251.\nSteering clear of sub-$35,000 levels, however, Bitcoin broke back through the second major resistance level to revisit $36,000 levels before easing back.\nGoing into the 2ndhalf of the day, the first major support level had pinned Bitcoin back.\nThe near-term bullish trend remained in spite of the latest fall back to sub-$35,000 levels. For the bears, Bitcoin would need a sustained fall through the 62% FIB of $27,237 to form a near-term bearish trend.\nAcross the rest of the majors, it was a mixed day on Saturday.\nPolkadot rose by 4.07% to lead the way, withCardano’s ADA(+2.89%),Chainlink(+0.68%), andEthereum(+0.70%) also finding support.\nIt was a bearish day for the rest of the majors, however.\nBitcoin Cash SVslid by 7.67% to lead the way down, withCrypto.com Coinfalling by 4.93%.\nBinance Coin(-0.57%),Litecoin(-0.63%), andRipple’s XRP(-1.81%) saw relatively modest losses.\nIn the current week, the crypto total market rose to a Monday high $1,670bn before falling to a Tuesday low $1,374bn. At the time of writing, the total market cap stood at $1,493bn.\nBitcoin’s dominance fell to a Monday low 41.28% before rising to a Friday high 45.66%. At the time of writing, Bitcoin’s dominance stood at 44.51%.\nAt the time of writing, Bitcoin was down by 0.18% to $35,501.0. A mixed start to the day saw Bitcoin rise to an early morning high $35,652.5 before falling to a low $35,391.0.\nBitcoin left the major support and resistance levels untested early on.\nElsewhere, it was a mixed start to the day.\nCrypto.com Coin bucked the trend early on, rising by 0.27%.\nIt was a bearish start for the rest of the majors, however.\nAt the time of writing, Cardano’s ADA was down by 0.57% to lead the way down.\nBitcoin would need to move through the $35,885 pivot to bring the first major resistance level at $37,140 into play.\nSupport from the broader market would be needed for Bitcoin to break back through to $37,000 levels.\nBarring a broad-based crypto rally, the first major resistance level and Saturday’s high $37,461.3 would likely cap any upside.\nIn the event of another extended crypto rally, Bitcoin could test resistance at $40,000 before any pullback. The second major resistance level sits at $38,716.\nFailure to move through the $35,885 pivot would bring the first major support level at $34,309 into play.\nBarring another extended sell-off on the day, Bitcoin should steer clear of sub-$33,000 levels. The second major support level at $33,054 should limit the downside.\nThisarticlewas originally posted on FX Empire\n• The Weekly Wrap – Monetary Policy and Economic Data Accompanied Market Optimism\n• AMC Party Trends on Twitter, Stock Inches Closer to USD 50\n• Ethereum, Litecoin, and Ripple’s XRP – Daily Tech Analysis – June 12th, 2021\n• European Equities: A Week in Review – 11/06/21\n• European Equities: Economic Data and Updates from the G7 Summit in Focus\n• Natural Gas Price Prediction – Prices Surge on LNG Exports', 'Bitcoin\x92s Taproot update is among the most important for the protocol in years. It has now taken a huge step towards activation. Taproot has met the requirements for the activation process. It has gained the support of 90% of qualified blocks mined in the last two weeks. Overall, 1,846 of the total 2,016 blocks have signaled in favor of the upgrade during the second difficulty period. This support by the mining community is a massive step forward in the road to activation. The update was first proposed in 2019 . It will enhance Bitcoin\x92s smart contracts by lowering data and transaction costs. Privacy will also be expanded by making complex contracts indistinguishable from any standard bitcoin transaction. The official announcement states that: \x93If activated, these improvements will allow users of single-signature scripts, multi-signature scripts, and complex contracts to all use identical-appearing commitments that enhance their privacy and the fungibility of all bitcoins.\x94 The update will, in essence, combine the Schnorr signature scheme with the Merklized Alternative Script Tree (MAST). In addition, the collaboration will bring about a new scripting language named Tapscript. What comes next Now that the Taproot updates have been given the green light by miners and are \x93locked in,\x94 the next step will be a bit of a wait. Officially, November has been the announced release date , so right now, the bitcoin world has about five months to cool its heels. This will also provide time to update software to the newest release of Bitcoin Core , which comes with activation logic for the soft fork. When bitcoin reaches block 709,632, Taproot will officially activate. That is expected to happen in mid-November. When activation happens, all updated nodes and devices will make transactions using the updated protocol. After that, the future really depends on the developers and how they decide to best make use of the new features. No matter what they choose to focus on, Taproot\x92s improvements will undoubtedly mean a better overall experience for bitcoin users.', 'Bitcoin’s Taproot update is among the most important for the protocol in years. It has now taken a huge step towards activation.\nTaproot has met the requirements for the activation process. It has gained thesupport of 90%of qualified blocks mined in the last two weeks.\nOverall,1,846 of the total 2,016 blocks have signaledin favor of the upgrade during the second difficulty period. This support by the mining community is a massive step forward in the road to activation. The update wasfirst proposed in 2019.\nIt will enhance Bitcoin’s smart contracts by lowering data and transaction costs. Privacy will also be expanded by making complex contracts indistinguishable from any standard bitcoin transaction.\nThe official announcementstates that:\n“If activated, these improvements will allow users of single-signature scripts, multi-signature scripts, and complex contracts to all use identical-appearing co **Last 60 Days of Bitcoin's Closing Prices:** [63109.70, 63314.01, 61572.79, 60683.82, 56216.18, 55724.27, 56473.03, 53906.09, 51762.27, 51093.65, 50050.87, 49004.25, 54021.75, 55033.12, 54824.70, 53555.11, 57750.18, 57828.05, 56631.08, 57200.29, 53333.54, 57424.01, 56396.52, 57356.40, 58803.78, 58232.32, 55859.80, 56704.57, 49150.54, 49716.19, 49880.54, 46760.19, 46456.06, 43537.51, 42909.40, 37002.44, 40782.74, 37304.69, 37536.63, 34770.58, 38705.98, 38402.22, 39294.20, 38436.97, 35697.61, 34616.07, 35678.13, 37332.86, 36684.93, 37575.18, 39208.77, 36894.41, 35551.96, 35862.38, 33560.71, 33472.63, 37345.12, 36702.60, 37334.40, 35552.52] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2021-06-13 **Financial & Commodity Data:** - Gold Closing Price: $1877.40 - Crude Oil Closing Price: $70.91 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $674,964,133,462 - Hash Rate: 136724465.12868512 - Transaction Count: 187098.0 - Unique Addresses: 480484.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.23 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: With the onset of the COVID-19 pandemic, telco operators and broadband service providers (BSPs) have been witnessing a steep surge in Internet traffic, driven by unprecedented demand for high-bandwidth communications services. In fact, many leading network operators have been reaping benefits from this trend, one such company beingCalix, Inc.CALX.Of late, the company has been making headlines in the telecommunications industry, mainly because of its state-of-the-art technological innovations, rapid product enhancements and developments followed by accretive partnerships. In fact, it has emerged as a strong player in the tech industry on the back of favorable product and customer mix despite the ongoing COVID-19 disruptions.Notably, Calix’s solutions have supported BSPs over the years with new services and business models. It capitalizes on Big Data and analytics to monetize the complex infrastructure between subscribers and the cloud, thereby creating new revenue generation paths. The San Jose, CA-based company has also been actively participating in Rural Digital Opportunity Fund (RDOF) auctions to establish a streamlined connectivity infrastructure across rural and underserved areas that will eventually help in eliminating the digital disparity. Supported by such significant capital infusion from RDOF auctions, Calix announced that its solutions have been selected by TransWorld Network, Corp. to accelerate the fiber-network build-out of the latter across the United States. The company leveraged the Intelligent Access EDGE, Revenue EDGE and Calix’s services to differentiate its customer service offerings. Few months back, it collaborated with geospatial network deployment solution provider — Render Networks — to bolster the growing influence of wireless networks across the United States.Markedly, the partnership will enable Calix’s service provider customers to not only minimize network deployment costs by as much as 50% with standardized workflows but also facilitate in creating next-gen fiber networks on the back of Render’s Digital Network Construction platform. It also partnered with MLGC to deploy 5-Gigabit broadband service across North Dakota. Agreements with other telcos and broadband innovators like STRATA Networks, Novus, Norvado and TekSavvy also acted as major tailwind. When it comes to evolving with the dynamic network requirements of customers, it boasts a diverse bouquet of technologically advanced solutions. Few days back, it unveiled GigaSpire BLAST u6x to deliver a positive customer experience, even across extreme environmental conditions. The latest entrant to the GigaSpire BLAST portfolio is an integral part of Calix’s Revenue EDGE solution and is equipped with latest Wi-Fi 6 technology that provides network security for an all-new smart home infrastructure.Powered by the Calix Experience Innovation Platform, it not only eases the deployment process but also supports broadband businesses with minimized operational overheads to offer value added applications and services. It is future-proofed by Wi-Fi 6E technology, delivering up to 10 Gbps services over new-age broadband access networks. Continuing in its quest to take the broadband delivery experience a notch higher, Calix recently made a significant enhancement to its AXOS E3-2 Intelligent PON Node system.Dubbed Intelligent System Monitoring, the development is known for simplifying the overall system management while minimizing truck rolls to ensure utmost operational efficacy. Further, the solution is based on “deploy anywhere” architecture, unlike traditional and expensive cabinet installations. The flexible deployment helps in driving service activation, considering the dire necessity of higher bandwidth symmetric service offerings. This, in turn, will enable Calix to emerge as a powerful differentiator in the market.The company also posted solid first-quarter 2021 earnings, with 59.4% year-over-year surge in revenues on the back of disciplined operating expense management, incremental investments, robust demand environment and effective supply chain amid challenging conditions. With an ever increasing subscriber base, it added 24 new service provider customers during the quarter from all segments of the market, thereby gaining a competitive advantage over its peers. Driven by such focused endeavors, Calix is expected to perform considerably well supported by a flourishing communications cloud and software platform business. Also, its financial performance improvement is likely to manifest across its four measurable metrics in the long run, namely — increased predictability, gross margin expansion, deliberate revenue growth and disciplined operating expense investment. All these factors bode well and are likely to elevate Calix’s business roadmap in the upcoming quarters despite the coronavirus-induced turmoil.Some prominent players in the industry areThryv Holdings, Inc.THRY,Arlo Technologies, Inc.ARLO andAtlassian Corporation PlcTEAM.Thryv delivered a trailing four-quarter earnings surprise of 595.3%, on average.Arlo Technologies delivered a trailing four-quarter earnings surprise of 56.4%, on average.Atlassian Corporation delivered a trailing four-quarter earnings surprise of 30.3%, on average. Blockchain and cryptocurrency has sparked one of the most exciting discussion topics of a generation. Some call it the “Internet of Money” and predict it could change the way money works forever. If true, it could do to banks what Netflix did to Blockbuster and Amazon did to Sears. Experts agree we’re still in the early stages of this technology, and as it grows, it will create several investing opportunities.Zacks has just revealed 3 companies that can help investors capitalize on the explosive profit potential of Bitcoin and the other cryptocurrencies with significantly less volatility than buying them directly.See 3 crypto-related stocks now >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days.Click to get this free reportCalix, Inc (CALX) : Free Stock Analysis ReportAtlassian Corporation PLC (TEAM) : Free Stock Analysis ReportArlo Technologies, Inc. (ARLO) : Free Stock Analysis ReportThryv Holdings, Inc. (THRY) : Free Stock Analysis ReportTo read this article on Zacks.com click here.Zacks Investment Research... - Reddit Posts (Sample): [['u/Far_Grass_785', 'I want to invest in crypto but I don’t have much money. Advice?', 15, '2021-06-13 00:35', 'https://www.reddit.com/r/CryptoCurrency/comments/nyij9x/i_want_to_invest_in_crypto_but_i_dont_have_much/', 'I have about a $1000 dollars and want to invest in crypto I’m mostly interested in Bitcoin and ethereum and maybe cardano. My questions are should I go all in on one coin like Bitcoin or ether to maximize how much I own or should I split in 50/50 or what?', 'https://www.reddit.com/r/CryptoCurrency/comments/nyij9x/i_want_to_invest_in_crypto_but_i_dont_have_much/', 'nyij9x', [['u/aladdinr', 28, '2021-06-13 00:37', 'https://www.reddit.com/r/CryptoCurrency/comments/nyij9x/i_want_to_invest_in_crypto_but_i_dont_have_much/h1k94p8/', 'Welcome to the world of crypto!\n\nWhat I would do is your money and split it up into different chunks. Invest the same amount on a weekly or biweekly schedule. It’s the DCA or dollar cost averaging investment strategy. So maybe instead of all at once you put in 50 bucks a week into BTC and ETH.\n\nMake sure that whatever you decide to invest your life won’t change if it’s completely gone. Never over invest.', 'nyij9x'], ['u/Success-Relative', 10, '2021-06-13 00:41', 'https://www.reddit.com/r/CryptoCurrency/comments/nyij9x/i_want_to_invest_in_crypto_but_i_dont_have_much/h1k9kb6/', "Go to Home Depot. Invest some of that $1000 in some power tools. Now you have aquired assets that'll help you earn capital, to invest. 💪", 'nyij9x'], ['u/UpbeatWord', 17, '2021-06-13 01:02', 'https://www.reddit.com/r/CryptoCurrency/comments/nyij9x/i_want_to_invest_in_crypto_but_i_dont_have_much/h1kbrs3/', "DCA, don't spend it all at once. Because prices may get lower.", 'nyij9x'], ['u/sapiensane', 11, '2021-06-13 02:38', 'https://www.reddit.com/r/CryptoCurrency/comments/nyij9x/i_want_to_invest_in_crypto_but_i_dont_have_much/h1kli90/', 'Do not buy doge. It started as a joke and will end as one. Anyone trying to tell you otherwise is probably a desperate bagholder who bought at $0.70.', 'nyij9x'], ['u/mathmonkey22228', 14, '2021-06-13 02:58', 'https://www.reddit.com/r/CryptoCurrency/comments/nyij9x/i_want_to_invest_in_crypto_but_i_dont_have_much/h1kni0y/', 'Would recommend to only invest in top 50 coins as a beginner, with a large majority in BTC/ETH. Some top altcoins I’d recommend doing some research on are LTC, SOL, ALGO, ADA, and maybe XMR. \n\nLemme stress this though I’m not a financial advisor and please please PLEASE DYOR and be careful.\n\nAlso if anyone on social media asks you for private keys/seed phrase REPORT and DELETE them', 'nyij9x']]], ['u/FunFlight7684', 'Thoughts on my allocation of my investment portfolio and what are you doing during the massive inflation hike?', 11, '2021-06-13 01:00', 'https://www.reddit.com/r/Bogleheads/comments/nyj0ug/thoughts_on_my_allocation_of_my_investment/', "Hi guys. I'm currently starting my new grad job in about a month and was wondering what your guy's thoughts are. I am planning on making it simple for myself but want to add bitcoin for a small portion of my portfolio which would make the portfolio look like this: \n97% VTWAX \n3% Bitcoin \n\n\nI was also wondering what you guys are doing during this heavy inflationary period.", 'https://www.reddit.com/r/Bogleheads/comments/nyj0ug/thoughts_on_my_allocation_of_my_investment/', 'nyj0ug', [['u/AzHP', 31, '2021-06-13 02:04', 'https://www.reddit.com/r/Bogleheads/comments/nyj0ug/thoughts_on_my_allocation_of_my_investment/h1ki625/', "Energy is energy, even if Bitcoin miners all agreed to use renewable energy that's renewable energy that isn't being used to power non Bitcoin energy needs. At the end of the day it's an environment drain.", 'nyj0ug'], ['u/nmnlol', 10, '2021-06-13 02:49', 'https://www.reddit.com/r/Bogleheads/comments/nyj0ug/thoughts_on_my_allocation_of_my_investment/h1kmk9s/', 'Bitcoin is not a recession hedge; it is a risk-on asset that will decline with a market sell off, like in March 2020. In theory it could act as a hedge against inflation and loose monetary/fiscal policy. Slightly different things', 'nyj0ug'], ['u/jcb193', 14, '2021-06-13 02:54', 'https://www.reddit.com/r/Bogleheads/comments/nyj0ug/thoughts_on_my_allocation_of_my_investment/h1kn2re/', 'If it’s considered “digital gold,” people should use it as a flight to safety during down market.\n\nIf it’s a deflationary asset, it should be a flight to safety in inflationary times.\n\nIf it’s a hard asset, it should be a flight to safety during a recession.\n\nNone of these things have been proven yet (though may).', 'nyj0ug'], ['u/SwAeromotion', 11, '2021-06-13 03:50', 'https://www.reddit.com/r/Bogleheads/comments/nyj0ug/thoughts_on_my_allocation_of_my_investment/h1ksjjv/', 'Inflation is not at a "massive" spike. Inflation YoY was very low in these same months last year during lockdown. Part of the heightened inflation YoY now is simply making up for that.\n\nAt your age you should be investing what you can for the long term because savings rate and time are both the best tailwinds you can have.\n\nI am just one persons\' opinion, but right now I would keep crypto at 5% of your overall portfolio or less as it has shown to be an extremely volatile asset.\n\nTo answer the question of what I am doing in my own portfolio is that I am strongly looking to move some of my fixed income assets into I-Bonds sometime later this year. That applies for my situation, but may not for those quite young who do not need or want fixed income allocations in their portfolio.', 'nyj0ug']]], ['u/M00OSE', 'Crypto Investing Strategies for Different Types of Investors: Lump-Sum, Dollar-Cost Averaging, and Risk-Adjusted Dollar-Cost Averaging', 45, '2021-06-13 04:30', 'https://www.reddit.com/r/CryptoCurrency/comments/nyms2g/crypto_investing_strategies_for_different_types/', '**tl;dr: Strategies are either to "set it and forget it", "just do it** ***✔ ,"*** **or** **"just do it (sometimes)". Oh and, for those wondering, watching 3 min charts move to the right is not an investing strategy.**\n\n# Lump-Sum Investing\n\nThe most simple and stress-free way to invest in anything: *set it and forget it*. This method is about gathering a lump sum and investing it at whichever price you feel is suitable.\n\nNaturally, you’re at risk for buying something overvalued or missing out on future dips/buying opportunities. But the name of the game is that efficiency doesn’t matter in the grand scheme of things.\n\n# Dollar-cost averaging\n\nThis subreddits favorite and for a good reason: it’s an age-old strategy that almost guarantees success. With this method, you invest a fixed amount over certain time intervals (weekly, bi-weekly, monthly, etc.). \n\nThis method allows you to account for volatility and avoid emotional decision-making. But it’s indifferent to buying at overvalued or undervalued levels. Also, you may not be able to fully utilize compounding, staking, and other passive income benefits that come with lump-sum investing as well as being subject to fees during purchasing and/or transferring. \n\n# Risk-Adjusted Dollar Cost Averaging\n\nThe idea is the same as regular dollar cost averaging but only doing so under specific risk levels. In the cryptoverse, there are many ways to measure risk. You can use the [Fear and Greed Index](https://alternative.me/crypto/fear-and-greed-index/), the [Rainbow Chart](https://www.blockchaincenter.net/bitcoin-rainbow-chart/), or advanced metrics such as the [Stock-to-Flow Model](https://www.bybt.com/pro/i/S2F) to determine whether the crypto market is overvalued or undervalued. So, for example, using the fear and greed index, you only start DCAing during *fear* levels and stop during *greed* levels.\n\nThe caveat is that you\'re relying on the accuracy of these models to guide your decision-making. The metrics I\'ve mentioned have so far stood the test of time, but it\'s never 100% accurate, and you might miss buying opportunities at levels you think are risky but, in hindsight, are actually discounted prices. Similar to regular dollar-cost averaging you\'re also not able to fully utilize some benefits of lump-sum investing while also being subject to fees. \n\n*But what to do with the money your income flows during risky market levels?* When you\'re not willing to DCA into the market because of risk, you can still be invested in crypto via a relatively risk-free asset: stablecoins. With stablecoins, you can earn interest rates that are rare in traditional finance without being subject to market volatility. Of course, you\'re still subject to inherent crypto risks but risk and reward are siblings: you cannot expect high rewards without some level of risk. \n\n# Which kind of investor are you?\n\n**Lump sum** investors usually have...well...lump sums. People with a lump sum of initial capital they\'re willing to invest in the market. If you want to maximize staking, interest, and other ways to compound or just want to *set it and forget it,* then this method is for you. \n\n**Dollar-cost averaging** can also be utilized by people with lump sums by dividing the capital and investing thru intervals. Otherwise, it\'s typically for people with steady income flows who are willing to consistently invest a portion of their earnings into crypto. \n\n**Risk-Adjusted Dollar-cost averaging** is for people who want to find an optimal balance between stress-free methods and risk management. This is because dollar-cost averaging is often criticized for being inefficient since, as mentioned earlier, it\'s indifferent to overvaluation or undervaluation. The tradeoff is that it\'s not as easy, requires some monitoring and some research into these models.\n\n​\n\nNevertheless, all three strategies are great ways for the average joe to casually navigate thru crypto investing. Ultimately, if the market continues the long-term trend upwards, either way, you\'re a winner for being invested in crypto.', 'https://www.reddit.com/r/Cr... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
40218.48, 40406.27, 38347.06, 38053.50, 35787.25, 35615.87, 35698.30, 31676.69, 32505.66, 33723.03
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['Ethereum Ethereum rallied by 5.83% on Sunday. Following a 0.70% gain from Saturday, Ethereum ended the week down by 7.40% to $2,510.23. A bearish start to the day saw Ethereum fall to an early morning intraday low $2,309.67 before making a move. Steering clear of the first major support level at $2,270, Ethereum rallied to a late intraday high $2,550.00. Ethereum broke through the first major resistance level at $2,463. Coming up against the second major resistance level at $2,554, however, Ethereum eased back to sub-$2,520 levels. At the time of writing, Ethereum was down by 0.47% to $2,498.40. A mixed start to the day saw Ethereum rise to an early morning high $2,524.99 before falling to a low $2,496.05. Ethereum left the major support and resistance levels untested early on. For the day ahead Ethereum would need to avoid the $2,457 pivot to bring the first major resistance level at $2,604 into play. Support from the broader market would be needed, however, for Ethereum to break out from Sunday\x92s high $2,550.00. Barring an extended crypto rally, the first major resistance level would likely cap any upside. In the event of another broad-based crypto rally, Ethereum could test resistance at the 38.2% FIB of $2,740 before any pullback. The second major resistance level sits at $2,697. A fall through the $2,457 pivot would bring the first major support level at $2,363 into play. Barring an extended sell-off, however, Ethereum should steer clear of sub-$2,300 levels. The second major support level sits at $2,216. Looking at the Technical Indicators First Major Support Level: $2,363 Pivot Level: $2,457 First Major Resistance Level: $2,604 23.6% FIB Retracement Level: $3,369 38.2% FIB Retracement Level: $2,740 62% FIB Retracement Level: $1,725 Litecoin Litecoin rose by 5.66% on Sunday. Reversing a 0.63% loss from Saturday, Litecoin ended the week down by 3.04% to $171.02. A bearish start to the day saw Litecoin fall to an early morning intraday low $156.54 before making a move. Story continues Finding support at the first major support level at $156, Litecoin rallied to a late intraday high $171.73. Litecoin broke through the first major resistance level at $166 and the second major resistance level at $170. A late pullback saw Litecoin briefly fall back through the second major resistance level before ending the day at $171 levels. At the time of writing, Litecoin was down by 0.29% to $170.53. A mixed start to the day saw Litecoin rise to an early morning high $172.66 before falling to a low $170.22. Litecoin left the major support and resistance levels untested early on. For the day ahead Litecoin would need to avoid the $166 pivot to bring the 62% FIB of $174 and the first major resistance level at $176 into play. Support from the broader market would be needed, however, for Litecoin to break out from the 62% FIB. Barring an extended crypto rally, the first major resistance level would likely cap any upside. In the event of an extended breakout, Litecoin could test resistance at $190. The second major resistance level sits at $182. A fall through the $166 pivot would bring the first major support level at $161 into play. Barring an extended sell-off, however, Litecoin should steer clear of sub-$160 levels. The second major support level sits at $151. A sustained fall through the 62% FIB of $174 would form a near-term bearish trend from 10 th May\x92s swing hi $413.91. Looking at the Technical Indicators First Major Support Level: $161 Pivot Level: $166 First Major Resistance Level: $176 23.6% FIB Retracement Level: $322 38.2% FIB Retracement Level: $265 62% FIB Retracement Level: $174 Ripple\x92s XRP Ripple\x92s XRP rallied by 6.20% on Sunday. Reversing a 1.81% decline from Saturday, Ripple\x92s XRP ended the week down by 6.67% to $0.88289. A bearish start to the day saw Ripple\x92s XRP fall to an early morning intraday low $0.81861 before making a move. Steering clear of the first major support level at $0.8100, Ripple\x92s XRP rallied to a late intraday high $0.88876. Ripple\x92s XRP broke through the first major resistance level at $0.8498 and the second major resistance level at $0.8681. More significantly, Ripple\x92s XRP also broke back through the 62% FIB of $0.8573. Late in the day, Ripple\x92s XRP briefly fell back to $0.87 levels before ending the day at $0.88 levels. At the time of writing, Ripple\x92s XRP was down by 0.01% to $0.88278. A mixed start to the day saw Ripple\x92s XRP rise to an early morning high $0.89280 before falling to a low $0.88210. Ripple\x92s XRP left the major support and resistance levels untested early on. For the day ahead Ripple\x92s XRP will need to avoid the $0.8634 pivot to bring the first major resistance level at $0.9082 into play. Support from the broader market would be needed, however, for Ripple\x92s XRP to break out from Sunday\x92s high $0.88876. Barring an extended crypto rally, the first major resistance level and resistance at $0.91 would likely cap any upside. In the event of another extended rally, Ripple\x92s XRP could test resistance at $1.00. The second major resistance level sits at $0.9336. A fall through the $0.8634 pivot would bring the 62% FIB of $0.8573 and the first major support level at $0.8381 into play. Barring another extended sell-off, however, Ripple\x92s XRP should steer clear of sub-$0.80 levels. The second major support level sits at $0.7933. A sustained fall through the 62% FIB of $0.8573 would form a near-term bearish trend from 14 th April\x92s swing hi $1.96598. Looking at the Technical Indicators First Major Support Level: $0.8381 Pivot Level: $0.8634 First Major resistance Level: $0.9082 23.6% FIB Retracement Level: $1.5426 38.2% FIB Retracement Level: $1.2807 62% FIB Retracement Level: $0.8573 Please let us know what you think in the comments below . Thanks, Bob This article was originally posted on FX Empire More From FXEMPIRE: Ethereum, Litecoin, and Ripple\x92s XRP \x96 Daily Tech Analysis \x96 June 14th, 2021 Price of Gold Fundamental Weekly Forecast \x96 Strong Dollar Weighing on Gold as Money Moves into Treasurys Bitcoin and Ethereum \x96 Weekly Technical Analysis \x96 June 14th, 2021 Asia-Pacific Shares Called Higher, but Gains Could Be Muted by Fed Policy Uncertainty Earnings to Watch Next Week: Oracle, H&R Block, Lennar and Adobe in Focus US Stock Futures Higher as Benchmark S&P 500 Index Presses Record High', 'Ethereumrallied by 5.83% on Sunday. Following a 0.70% gain from Saturday, Ethereum ended the week down by 7.40% to $2,510.23.\nA bearish start to the day saw Ethereum fall to an early morning intraday low $2,309.67 before making a move.\nSteering clear of the first major support level at $2,270, Ethereum rallied to a late intraday high $2,550.00.\nEthereum broke through the first major resistance level at $2,463. Coming up against the second major resistance level at $2,554, however, Ethereum eased back to sub-$2,520 levels.\nAt the time of writing, Ethereum was down by 0.47% to $2,498.40. A mixed start to the day saw Ethereum rise to an early morning high $2,524.99 before falling to a low $2,496.05.\nEthereum left the major support and resistance levels untested early on.\nEthereum would need to avoid the $2,457 pivot to bring the first major resistance level at $2,604 into play.\nSupport from the broader market would be needed, however, for Ethereum to break out from Sunday’s high $2,550.00.\nBarring an extended crypto rally, the first major resistance level would likely cap any upside.\nIn the event of another broad-based crypto rally, Ethereum could test resistance at the 38.2% FIB of $2,740 before any pullback. The second major resistance level sits at $2,697.\nA fall through the $2,457 pivot would bring the first major support level at $2,363 into play.\nBarring an extended sell-off, however, Ethereum should steer clear of sub-$2,300 levels. The second major support level sits at $2,216.\nFirst Major Support Level: $2,363\nPivot Level: $2,457\nFirst Major Resistance Level: $2,604\n23.6% FIB Retracement Level: $3,369\n38.2% FIB Retracement Level: $2,740\n62% FIB Retracement Level: $1,725\nLitecoinrose by 5.66% on Sunday. Reversing a 0.63% loss from Saturday, Litecoin ended the week down by 3.04% to $171.02.\nA bearish start to the day saw Litecoin fall to an early morning intraday low $156.54 before making a move.\nFinding support at the first major support level at $156, Litecoin rallied to a late intraday high $171.73.\nLitecoin broke through the first major resistance level at $166 and the second major resistance level at $170.\nA late pullback saw Litecoin briefly fall back through the second major resistance level before ending the day at $171 levels.\nAt the time of writing, Litecoin was down by 0.29% to $170.53. A mixed start to the day saw Litecoin rise to an early morning high $172.66 before falling to a low $170.22.\nLitecoin left the major support and resistance levels untested early on.\nLitecoin would need to avoid the $166 pivot to bring the 62% FIB of $174 and the first major resistance level at $176 into play.\nSupport from the broader market would be needed, however, for Litecoin to break out from the 62% FIB.\nBarring an extended crypto rally, the first major resistance level would likely cap any upside.\nIn the event of an extended breakout, Litecoin could test resistance at $190. The second major resistance level sits at $182.\nA fall through the $166 pivot would bring the first major support level at $161 into play.\nBarring an extended sell-off, however, Litecoin should steer clear of sub-$160 levels. The second major support level sits at $151.\nA sustained fall through the 62% FIB of $174 would form a near-term bearish trend from 10thMay’s swing hi $413.91.\nFirst Major Support Level: $161\nPivot Level: $166\nFirst Major Resistance Level: $176\n23.6% FIB Retracement Level: $322\n38.2% FIB Retracement Level: $265\n62% FIB Retracement Level: $174\nRipple’s XRPrallied by 6.20% on Sunda **Last 60 Days of Bitcoin's Closing Prices:** [63314.01, 61572.79, 60683.82, 56216.18, 55724.27, 56473.03, 53906.09, 51762.27, 51093.65, 50050.87, 49004.25, 54021.75, 55033.12, 54824.70, 53555.11, 57750.18, 57828.05, 56631.08, 57200.29, 53333.54, 57424.01, 56396.52, 57356.40, 58803.78, 58232.32, 55859.80, 56704.57, 49150.54, 49716.19, 49880.54, 46760.19, 46456.06, 43537.51, 42909.40, 37002.44, 40782.74, 37304.69, 37536.63, 34770.58, 38705.98, 38402.22, 39294.20, 38436.97, 35697.61, 34616.07, 35678.13, 37332.86, 36684.93, 37575.18, 39208.77, 36894.41, 35551.96, 35862.38, 33560.71, 33472.63, 37345.12, 36702.60, 37334.40, 35552.52, 39097.86] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2021-06-14 **Financial & Commodity Data:** - Gold Closing Price: $1864.00 - Crude Oil Closing Price: $70.88 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $735,252,178,281 - Hash Rate: 133766696.2189013 - Transaction Count: 242416.0 - Unique Addresses: 624698.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.28 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: You can’t say "Mr. Wonderful" didn’t warn you. Shark Tank host Kevin O’Leary was among the first in the investment community to sound the alarm on bitcoin’s sustainability concerns, when he stressed as much, during an interview with Yahoo Finance at the beginning of May . Two weeks later, Elon Musk announced Tesla was reversing its stance on accepting the crypto as a form of payment, citing the same sustainability issues, sparking a 35% collapse in bitcoin’s price for the month. But now, speaking with Yahoo Finance at the Bitcoin 2021 Conference in Miami over the weekend, O’Leary said what was bitcoin's biggest problem has become its biggest opportunity, predicting that a shift among bitcoin miners to more sustainable forms of energy could propel bitcoin to outperform stocks by a wide margin over the next decade if it can solve its sustainability problem to once again attract institutional investors. "It's both a huge problem and a massive opportunity, I prefer to look at the opportunity," O'Leary said. "I called it out on that Yahoo Finance interview, and the proverbial poo poo hit the fan. I took a lot of flack, but it's obviously on the mind of the institutional client." As O'Leary contends, the optics of a fraction of miners using non-renewable energy, like some of China's miners still running on coal-powered electricity, has prevented a number of institutional investors from investing in bitcoin due to fears around ESG, or environmental, social and corporate governance, compliance. Despite the fact that a University of Cambridge 2020 study pegged sustainable miners at about 40% of bitcoin's network and climbing, the stigma attached to the other miners contributing to carbon emissions and global warming remains an ESG overhang. "At the end of the day, there's a new sheriff in town, it's called ESG. Every single institution, including from Larry Fink on down at BlackRock who put out his ESG letter, his sustainability mandate, this used to be fringe, it's not fringe anymore. You have to be sustainable in terms of how you look at investing, or you're going to lose your investor," he said. Story continues Shark Tank's Kevin O'Leary talks to Yahoo Finance at the 2021 Bitcoin Conference in Miami. As such, O'Leary has enacted deals with miners who use sustainable forms of electricity, like the large wind farm miners based in Texas, to secure payment in bitcoin that he can prove has been mined sustainably. Other bitcoin advocates have suggested matching bitcoin held in portfolios with carbon credits to offset any potential ESG conflicts. "I just think that the minute we solve the institutional ESG issue, Katy bar the doors. Because people don’t understand the majority of the world’s investments are in the institutions and the sovereign funds. That’s where the real money is," he said. Galaxy Digital CEO Mike Novogratz echoed that sentiment in an interview with Yahoo Finance at the Bitcoin 2021 Conference, noting that institutional players in large part helped bitcoin hit new highs earlier this year . As an example of why it matters for bitcoin, O'Leary said the same ESG overhang has put negative pressure on oil companies. Highlighting shrinking price-to-earnings ratios in the space, he says institutional pressure to divest has brought down the price of oil stocks despite a rise in cash flows. "That’s sustainability committees pushing out the stocks out of mandates out of portfolios ... that just gives you the idea of the power of the ESG mandate,” he said. "We need to solve for the institutional client. They want to invest in bitcoin. They can’t right now, it’s a really weird situation." O'Leary remains optimistic, however, that institutional investors will find a way to get creative to make taking a position work — as he has — and believes that once that hurdle is cleared bitcoin would be back on its way to continue outperforming stocks over the next decade. "I think we will solve the ESG issue on bitcoin in the next 12 to 18 months and I think over the next 10 years, the bitcoin asset itself will beat the S&P [500]. So if you’re thinking about a 7 to 8% average over a decade on the S&P, I think bitcoin would be 300 to 400 basis points over that, I really do," he said. The call seems conservative relative to bitcoin's historical outperformance relative to the stock market. Bitcoin's annualized return over the last decade has averaged 230%, more than 10-times higher than the ETF that tracks the Nasdaq ( QQQ ) and more than 16-times higher than the ETF that tracks the S&P 500 ( SPY ), which averaged 20% and 14% annualized returns over the same time period, respectively. Zack Guzman is an anchor for Yahoo Finance Live as well as a senior writer covering entrepreneurship, crypto, cannabis, startups, and breaking news at Yahoo Finance. Follow him on Twitter @zGuz . Read the latest cryptocurrency and bitcoin news from Yahoo Finance Read the latest financial and business news from Yahoo Finance Follow Yahoo Finance on Twitter , Facebook , Instagram , Flipboard , SmartNews , LinkedIn , YouTube , and reddit . Find live stock market quotes and the latest business and finance news For tutorials and information on investing and trading stocks, check out Cashay... - Reddit Posts (Sample): [['u/A_Idiot0', 'Violet Evergarden Episode 8 -', 248, '2021-06-14 00:09', 'https://www.reddit.com/r/anime/comments/nz7cpm/violet_evergarden_episode_8/', '# Violet Evergarden - Episode Eight:\n\nHello everyone! I hope that today finds you well. In this episode, we get more of Violet’s [backstory](https://i.imgur.com/zKH0nbj.png).\n\n[Index](https://www.reddit.com/r/anime/comments/n5p650/violet_evergarden_rewatch_announcement/) || [<- Previous Episode](https://www.reddit.com/r/anime/comments/nyhuvc/violet_evergarden_rewatch_episode_7/) || [Next Episode ->](https://www.reddit.com/r/anime/comments/nzy9ec/violet_evergarden_rewatch_episode_9_violet/)\n\n[MAL](https://myanimelist.net/anime/33352/Violet_Evergarden) || [AniList](https://anilist.co/anime/21827/Violet-Evergarden/)\n\nYou can watch the full series on [Netflix.](https://www.netflix.com/browse)\n\n**Important** Spoilers from later episodes or the Light Novels are not allowed outside of the r/anime spoiler tag format and will be removed! You’ll need to be in “Markdown Mode”, and the line text is the following: \\[Spoiler source\\](/s "Spoiler goes here") It comes out like this: [Spoiler source](/s)\n\nBe kind to each other. Hate speech and rude behavior will not be tolerated, and will be removed.\n\n## Visuals of the Day\n\nI believe I got everyone’s Visual of the Day submission here. Let me know if I missed anyone: [https://imgur.com/a/aLBNYYY](https://imgur.com/a/aLBNYYY)\n\n## Official Sound Tracks used\n\n[Never Coming Back](https://youtu.be/GxyxYt6QBqY?t=22) \n[Torment](https://www.youtube.com/watch?v=LwVdKlPW_Vg) \n[The Long Night](https://www.youtube.com/watch?v=hCAoVP-LNDs) \n[The Voice in My Heart](https://www.youtube.com/watch?v=wDNMqtAtMqY) \n[Fractured Heart](https://www.youtube.com/watch?v=-YrsYPcCh9g) \n[Rust](https://www.youtube.com/watch?v=ykFGCve7BTc) \n[Inconsolable](https://www.youtube.com/watch?v=_5MvYRWNFKI)\n\nWould you like to have a letter written for you? Do you want to write a special letter for someone as an Auto Memory Doll? Come join us at the Auto-Memory Doll Service Discord project and request letters, write letters, or chat more with us about *Violet Evergarden*! Link here: [https://discord.gg/9a2UkGh9](https://discord.gg/9a2UkGh9)\n\n## “Endcard”\n\nhttps://preview.redd.it/69806r20x3571.jpg?width=800&format=pjpg&auto=webp&s=6c5f8ac69954ea475125302be26842d5567e1b5d', 'https://www.reddit.com/r/anime/comments/nz7cpm/violet_evergarden_episode_8/', 'nz7cpm', [['u/A_Idiot0', 39, '2021-06-14 00:09', 'https://www.reddit.com/r/anime/comments/nz7cpm/violet_evergarden_episode_8/h1o1w5x/', 'For today, I only have a very small detail that I was wondering about. My good friend, u/molten-red, had a *very* good read on this detail! The detail is the [fairytale book](https://i.imgur.com/O1JmP8T.png) that Gilbert has Violet read. From Nunkish, the title translates to: “A stupid thief and a potato sack, Wurttemberg publishing”\n\nThe significance of this book is very small and subtle, but with the meaning found by u/molten-red provides some really nice background commentary. The fairy tale is *possibly* based upon a Japanese fairytale called “だまされた泥棒” or “Tricked Thief” (some evidence that sort of links to this appears later in the series). The rough synopsis is as follows: In the story, a very poor old man notices a thief breaking into his house and tricks him into believing that putting down all his possessions activates a magic spell that makes the entire household fall sound asleep until the morning. But after the thief removed his belongings, the old man breaks cover and exclaims “Thief!” So the frightened thief runs away naked, and the old man gains everything the thief left behind.\n\nAnd now, in u/molten-red ‘s own words: \n“When Dietfried first introduced Violet to Gilbert, she was covered in a potato sack. And whatever his true feelings were, Dietfried spoke of her as if she was an object he collected. How did Gilbert feel about this? He must have felt that Dietfried has stolen Violet’s humanity, just like a thief who steals precious things using a large potato sack. Then what should he do? He must help Violet take back what has been stolen from her. That’s precisely what he intended to do by teaching her how to read. And he subconsciously chose a story of a thief who tries to steal but miserably fails. Perhaps the giant young girl in the cover of the book plays a pivotal role in stopping the thief, and Gilbert wanted Violet to be like her. In this sense, the “thief” is Dietfried and the army leadership who treat Violet like a “weapon.””\n\nIs this really what KyoAni wanted to weave in their story? *Maybe*. The support and evidence for this being the actual story is tenuous at best. However...for now, it’s a really beautiful link that we can color the backstory with. Thank you again, u/molten-red !\n\nMy Visual of the Day relies on [this shot](https://i.imgur.com/Nqvpv0h.png) first. Juxtapose this controlled and “small” flame to the [raging inferno](https://i.imgur.com/HRLwkRN.png) during the battle, and we get a really nice visual representation of what’s happening in Gilbert’s eyes to Violet.', 'nz7cpm'], ['u/Shimmering-Sky', 26, '2021-06-14 00:09', 'https://www.reddit.com/r/anime/comments/nz7cpm/violet_evergarden_episode_8/h1o1w96/', '**Sincerely Rewatcher**\n\nCry count so far: 5 (episode 3, OVA, episode 7 (x3))\n\n- [Mm…](https://i.imgur.com/8tMx1cI.png)\n\n- [He also didn’t exactly have a choice because Mrs. Evergarden already told her he was dead…](https://i.imgur.com/798gwZG.png) Hodgins just told her the specific details of it.\n\n- [Shimmering sky~](https://i.imgur.com/9aoUd49.png)\n\n- [These flashbacks are so hard to sit through…](https://i.imgur.com/U6rQqWL.png)\n\n- [](#emiliaohdear) [Whoops, she ruined the surprise.](https://i.imgur.com/QHn0xUC.png)\n\n- [\\*pained Sky noises\\*](https://i.imgur.com/LJzPHkX.png) \n\n- [Oh *fuck*, this is why she was writing so many letters to him while she was in the hospital back in ep1, wasn’t it?](https://i.imgur.com/F1B5Vcy.png)\n\n- [They were such good bros](https://i.imgur.com/HcHZVv3.png) ugh stop making me feel things, show.\n\n- [Violet no…](https://i.imgur.com/fVJLPLt.png)\n\n- [\\*screams because death flag tropes\\*](https://i.imgur.com/LAyfDqD.png)\n\n- [Oh boy](https://i.imgur.com/HXgyLOH.png), you know he survives *this* because he has to give Violet his parting words, but still.\n\n- I would like to pick [the flames being so strong they burnt away this episode’s title card](https://i.imgur.com/CkAcr4l.png) as my Visual of the Day. If that gets picked by other peeps though, I’ll go with [railroad tracks](https://i.imgur.com/lXhf2qY.png) instead.', 'nz7cpm'], ['u/CelestialDrive', 16, '2021-06-14 00:10', 'https://www.reddit.com/r/anime/comments/nz7cpm/violet_evergarden_episode_8/h1o1wga/', 'FIRST TIME\n\n***In our last episode Violet was helping a writer get over his kid\'s death but with the underlying line of her realising the moral weight of having killed people, and just as she crashed against it Lady Evergarden told her the Major is dead. Yay.***\n\nI thought about this since the end of 7 but what did Claudia expect to happen when the plan was to leave Violet with the Evergardens in Ep1? He very obviously didn\'t tell them to hide Gilbert\'s death, and it literally came up in the first alone interaction Violet had. I know the plan got derailed because she was a bit of a mess back then, but thank god it did because that Violet might\'ve been told in like 5 minutes, and I don\'t know which possible reaction from the person she was scares me the most.\n\nAnyways let\'s start this. Oh, the meeting again. She didn\'t "have" a name then, Violet was a fresh start. And we didn\'t get to the present before the OP, is this a flashback episode? We\'re not, she\'s going to chase the brother in a desperate rage, yay. Also how is this guy still military.\n\nViolet why are you even doing this, you\'re hurting yourself intentionally. And Cattleya for the first time in history you are absolutely wrong, every moment "was" the worst moment yet, better to tell her and be done with it. Oh, it is a flashback episode, or at least it is intermitently. How did Violet even end up where they found her? she\'s basically feral here. This whole thing seems extremely un-military, there\'s no protocol and you\'re just taking a barely functioning teenager as an asset. \n\nSee, this is something that didn\'t make sense while once Violet was revealed to be a one-off case: the Major didn\'t want her to be this, so it had to be an outside force that pushed them into the roles of master and weapon, but it really does not make sense for military brass to do this in this situation unless Violet is some kind of supernatural hyperbeing. She\'s not, she\'s just a random kid with above average fitness, maybe martial arts training, and no sense of self-preservation; this is the first legit liberty with a realistic portrayal of the conflict the series has taken. And while I understand that it\'s a necessary starting point for the story they wanted to tell, it grinds with the realism of the setting.\n\nAnyways we are getting some snapshots of the war period so that\'s good. This entire scene is bizarrely shounen. And the Major is disheartened by seeing her murdering people this nonchalantly because it tilts her into the "thing" he doesn\'t want her to be. Where are you going, present Violet? Oh, it\'s the mansion in the snow. Grave in absentia then. This is closure if you take it Violet, what are you going to do.\n\nShe wasn\'t choosing not to speak, she legitimately did not understand the language. Oh so this is the beginning of the reports, which draws back into the form of her letters in the hospital, which is the core of what she is now. They were writing practice, *from the very beginning letter writing "was" self-improvement*, even when there weren\'t letter... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
40406.27, 38347.06, 38053.50, 35787.25, 35615.87, 35698.30, 31676.69, 32505.66, 33723.03, 34662.44
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['Quote To Start The Day:“There are no secrets to success. It is the result of preparation, hard work, and learning from failure.”\nSource:Colin Powell\nOne Big Thing In Fintech:Billionaire investor Mark Cuban is very bullish on the future of DeFi, or decentralized finance, and DAOs, or decentralized autonomous organizations.\n“There are a lot of financial institutions that should be concerned,” Cuban wrote in a blog post on Sunday. For one, “banks should be scared,” he wrote.\nSource:CNBC\nOther Key Fintech Developments:\n• National banks areleadingdigital.\n• PNCclosesthe BBVA acquisition.\n• GSplanningto offer ether futures.\n• Ledger LiveintegratesParaSwap.\n• Gedikexpandingalgo partnership.\n• ISDAintrosdigital document tech.\n• ABN Amrobuildingpayments tech.\n• Mourningdeaths of trading floors.\n• MicroStrategy tosell$1B for BTC.\n• Finleyraisesfor its fintech platform.\n• Kikitrade winsadded$12M round.\n• Nubank’s $30B fintech originstory.\n• BMOtapsAWS over banking tech.\n• Galaxy Digital, NfXfundingRamp.\n• Marlin & Associates wasacquired.\n• GICinvested$70M into BC Group.\n• Broadridge toexecuterepo trades.\n• Stripe haslaunchedStripe Identity.\n• AmExhonesin on small business.\nWatch Out For This:The Supreme Court has given LinkedIn another chance to stop a rival company from scraping personal information from users’ public profiles, a practice LinkedIn says should be illegal but one that could have broad ramifications for internet researchers and archivists.\nSource:TechCrunch\nInteresting Reads:\n• Unitedrestartspilot hiring process.\n• Real estate is not in a newbubble.\n• Wall Streetpoursmillions into NYC.\n• Bitcoin is an accountingnightmare.\n• JPM ishoardingcash over inflation.\nMarket Moving Headline:Paul Tudor Jones said he would “go all in on the inflation trades” if the Federal Reserve is nonchalant this week regarding rising consumer prices.\nSource:CNBC\nSee more from Benzinga\n• Click here for options trades from Benzinga\n• American Express Delivers On Small Business Plans With Kabbage Checking\n• Fintech Focus For June 14, 2021\n© 2021 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.', 'Fintech Header Quote To Start The Day: “There are no secrets to success. It is the result of preparation, hard work, and learning from failure.” Source: Colin Powell One Big Thing In Fintech: Billionaire investor Mark Cuban is very bullish on the future of DeFi, or decentralized finance, and DAOs, or decentralized autonomous organizations. “There are a lot of financial institutions that should be concerned,” Cuban wrote in a blog post on Sunday. For one, “banks should be scared,” he wrote. Source: CNBC Other Key Fintech Developments: National banks are leading digital. PNC closes the BBVA acquisition. GS planning to offer ether futures. Ledger Live integrates ParaSwap. Gedik expanding algo partnership. ISDA intros digital document tech. ABN Amro building payments tech. Mourning deaths of trading floors. MicroStrategy to sell $1B for BTC. Finley raises for its fintech platform. Kikitrade wins added $12M round. Nubank’s $30B fintech origin story . BMO taps AWS over banking tech. Galaxy Digital, NfX funding Ramp. Marlin & Associates was acquired . GIC invested $70M into BC Group. Broadridge to execute repo trades. Stripe has launched Stripe Identity. AmEx hones in on small business. Watch Out For This: The Supreme Court has given LinkedIn another chance to stop a rival company from scraping personal information from users’ public profiles, a practice LinkedIn says should be illegal but one that could have broad ramifications for internet researchers and archivists. Source: TechCrunch Interesting Reads: United restarts pilot hiring process. Real estate is not in a new bubble . Wall Street pours millions into NYC. Bitcoin is an accounting nightmare . JPM is hoarding cash over inflation. Market Moving Headline: Paul Tudor Jones said he would “go all in on the inflation trades” if the Federal Reserve is nonchalant this week regarding rising consumer prices. Source: CNBC See more from Benzinga Click here for options trades from Benzinga American Express Delivers On Small Business Plans With Kabbage Checking Fintech Focus For June 14, 2021 © 2021 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.', 'By Saqib Iqbal Ahmed and Julien Ponthus\nNEW YORK (Reuters) - The dollar rose to a one-month high against a basket of currencies on Tuesday, aided by data showing inflation speeding up, but its gains were capped as traders awaited the outcome of the U.S. Federal Reserve\'s two-day policy meeting for hints of plans to start tapering its bond purchases.\nData on Tuesday showed U.S. retail sales fell more than expected in May, with spending rotating back to services from goods as vaccinations allow Americans to shake off COVID-19 restrictions.\nBut robust demand is outpacing supply, stoking inflation, with several recent readings of inflation gauges - including the producer price index released on Tuesday - signaling rising price pressures.\n"The U.S. dollar kept firm as another hot reading on inflation overshadowed a chilly consumer," said Joe Manimbo, senior market analyst, at Western Union Business Solutions in Washington.\nThe Fed\'s two-day meeting was set to end on Wednesday and it is due to issue a policy statement afterward. So far Fed officials, led by Chair Jerome Powell, have said rising inflationary pressures are transitory and ultra-easy monetary settings will stay in place for some time.\nRecent economic data has raised concerns that price pressure could force an earlier stimulus withdrawal.\n"Assuming that some of the recent increase in inflation is indeed sustained, we would argue that the Fed will react to it, supporting the USD later this year," analysts at BofA Global Research said in note.\nNearly 60% of economists in a Reuters poll expect a tapering announcement in the next quarter.\nThe dollar index, which measures the greenback against a basket of six currencies, was 0.04% higher at 90.529, after rising as high as 90.677, its highest since May 14.\nThe pound fell to a one-month low against the dollar on Tuesday in what analysts said was the breaking of a technical level that did not change the bullish narrative on the British currency. The British currency was last down 0.18% against the greenback.\nIn cryptocurrencies, bitcoin hovered around the $40,000 level, a day after it climbed above that mark for the first time in more than two weeks, aided by the promise of fresh investment from major backer MicroStrategy and an upbeat tweet from Tesla boss Elon Musk.\nMusk on Sunday flagged that the carmaker could resume transactions using the token if miners can use cleaner energy to process them.\nGraphic: Bitcoin recovers after sharp dive - https://fingfx.thomsonreuters.com/gfx/mkt/yzdvxmwzapx/Pasted%20image%201623764300315.png\n(Reporting by Saqib Iqbal Ahmed in New york, Julien Ponthus in London, Kevin Buckland in Tokyo and Tom Westbrook in Singapore; Editing by Kim Coghill, Will Dunham, Emelia Sithole-Matarise, Jan Harvey and Barbara Lewis)', 'By Saqib Iqbal Ahmed and Julien Ponthus NEW YORK (Reuters) - The dollar rose to a one-month high against a basket of currencies on Tuesday, aided by data showing inflation speeding up, but its gains were capped as traders awaited the outcome of the U.S. Federal Reserve\'s two-day policy meeting for hints of plans to start tapering its bond purchases. Data on Tuesday showed U.S. retail sales fell more than expected in May, with spending rotating back to services from goods as vaccinations allow Americans to shake off COVID-19 restrictions. But robust demand is outpacing supply, stoking inflation, with several recent readings of inflation gauges - including the producer price index released on Tuesday - signaling rising price pressures. "The U.S. dollar kept firm as another hot reading on inflation overshadowed a chilly consumer," said Joe Manimbo, senior market analyst, at Western Union Business Solutions in Washington. The Fed\'s two-day meeting was set to end on Wednesday and it is due to issue a policy statement afterward. So far Fed officials, led by Chair Jerome Powell, have said rising inflationary pressures are transitory and ultra-easy monetary settings will stay in place for some time. Recent economic data has raised concerns that price pressure could force an earlier stimulus withdrawal. "Assuming that some of the recent increase in inflation is indeed sustained, we would argue that the Fed will react to it, supporting the USD later this year," analysts at BofA Global Research said in note. Nearly 60% of economists in a Reuters poll expect a tapering announcement in the next quarter. The dollar index, which measures the greenback against a basket of six currencies, was 0.04% higher at 90.529, after rising as high as 90.677, its highest since May 14. The pound fell to a one-month low against the dollar on Tuesday in what analysts said was the breaking of a technical level that did not change the bullish narrative on the British currency. The British currency was last down 0.18% against the greenback. Story continues In cryptocurrencies, bitcoin hovered around the $40,000 level, a day after it climbed above that mark for the first time in more than two weeks, aided by the promise of fresh investment from major backer MicroStrategy and an upbeat tweet from Tesla boss Elon Musk. Musk on Sunday flagged that the carmaker could resume transactions using the token if miners can use cleaner energy to process them. Graphic: Bitcoin recovers after sharp dive - https://fingfx.thomsonreuters.com/gfx/mkt/yzdvxmwzapx/Pasted%20image%201623764300315.png (Reporting by Saqib Iqbal Ahmed in New york, Julien Ponthus in London, Kevin Buckland in Tokyo and Tom Westbrook in Singapore; Editing by Kim Coghill, Will Dunham, Emelia Sithole-Matarise, Jan Harvey and Barbara Lewis)', 'Six large insurers acquired shares **Last 60 Days of Bitcoin's Closing Prices:** [61572.79, 60683.82, 56216.18, 55724.27, 56473.03, 53906.09, 51762.27, 51093.65, 50050.87, 49004.25, 54021.75, 55033.12, 54824.70, 53555.11, 57750.18, 57828.05, 56631.08, 57200.29, 53333.54, 57424.01, 56396.52, 57356.40, 58803.78, 58232.32, 55859.80, 56704.57, 49150.54, 49716.19, 49880.54, 46760.19, 46456.06, 43537.51, 42909.40, 37002.44, 40782.74, 37304.69, 37536.63, 34770.58, 38705.98, 38402.22, 39294.20, 38436.97, 35697.61, 34616.07, 35678.13, 37332.86, 36684.93, 37575.18, 39208.77, 36894.41, 35551.96, 35862.38, 33560.71, 33472.63, 37345.12, 36702.60, 37334.40, 35552.52, 39097.86, 40218.48] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2021-06-15 **Financial & Commodity Data:** - Gold Closing Price: $1854.50 - Crude Oil Closing Price: $72.12 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $752,078,433,900 - Hash Rate: 129803238.5531561 - Transaction Count: 241861.0 - Unique Addresses: 677276.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.38 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Fintech Header Quote To Start The Day: “My fantasy is to break up the big banks. I wish we would end 'too big to fail' in our banking system.” Source: Kenneth C. Griffin One Big Thing In Fintech: Per a CB Insights compilation of Q1 2021 fintech venture capital data from around the world, the first three months of the year were the most valuable period for fintech investing, ever. Source: TechCrunch Other Key Fintech Developments: LendingHome is surpassing records. Oasis added major mainnet upgrade. CME eyes adoption with micro BTC. Euronext finished Borsa acquisition. Goldman is optimizing with Quantile. Fidelity unveils digital asset analytics. Notional Finance raises $10M round. Paxos has raised a $300M Series D. Lender Upgrade tops growth ranking. EIB issues digital bond on blockchain. ICE sells Coinbase stake for $1.2B. Cboe Europe Derivatives to launch . Regulators call Tencent, ByteDance. Vivid Money raises $73M for fintech. Fintech Rho added $100M financing. Capchase announces funding effort. Mastercard talking CBDC application. Deutsche Borse is investing in fintech. Voyager Digital, Blockdaemon teams . Fiserv innovates in employee payroll. AllianceBlock, CBG have teamed up. Survey : FinTech Sandbox empowers. Nasdaq: A deep dive into dark trades. Watch Out For This: President Joe Biden’s proposed income tax increases for the wealthy would hit individuals earning more than $452,700 in 2022 and married couples making at least $509,300, according to a White House official. Source: Bloomberg Interesting Reads: Instagram Live taking on Clubhouse. Sawmills selling faster than they cut. Ray Dalio on understanding money. The knock-on effect of pricey copper. GM making EVs in Mexico from 2023. New York mayor envisions reopening. Parking is devouring American cities. Market Moving Headline: Ford Motor Co. and EBay Inc. disappointed, while Facebook Inc.’s results took it to a record. Apple Inc. wiped out earlier earnings-driven gains on concerns about chip shortages. Amazon.com Inc. climbed after hours on a better-than-estimated revenue forecast, while Twitter Inc. sank amid a lackluster outlook. Story continues Source: Bloomberg See more from Benzinga Click here for options trades from Benzinga How This Person Met Shaq (And How You Can, Too) Fintech Focus For April 29, 2021 © 2021 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
38347.06, 38053.50, 35787.25, 35615.87, 35698.30, 31676.69, 32505.66, 33723.03, 34662.44, 31637.78
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['A local news reporter for Fox 26 in Houston was fired after announcing on-air the company that owns the station has been "muzzling" her reporting and planned an expose with the help of Project Veritas . Ivory Hecker, a general assignment reporter and fill-in anchor for the station, said she planned to release "behind the scenes" recordings about the Fox Corporation during a live broadcast on Monday. Project Veritas revealed on Tuesday that Hecker had been informed of her suspension from Fox 26, sharing a phone recording provided to the conservative activist group. Soon after, the Daily Beast reported Hecker told the news outlet she had been fired. \x93I have been longing to part ways with this strange, slightly unhinged corporation since last August when I realized what they were,\x94 she said, adding she has "zero interest in working for another corporation. They all toe the same line.\x94 Fox 26, which confirmed to multiple news outlets that Hecker had been fired, also issued a statement on the situation. "FOX 26 adheres to the highest editorial standards of accuracy and impartiality," a spokeswoman for the station told the Washington Examiner. "This incident involves nothing more than a disgruntled former employee seeking publicity by promoting a false narrative produced through selective editing and misrepresentation." HOUSTON REPORTER SAYS NETWORK \'MUZZLING\' HER AND TEASES RELEASE OF AUDIO WHILE LIVE ON-AIR On Tuesday, a video published by Project Veritas showed Hecker sitting down for an interview with the group\'s founder, James O\'Keefe, and video and audio clips of some of her superiors at Fox 26. Hecker raised concerns about the station cracking down on reporting related to certain topics, including Bitcoin and a doctor promoting the use of hydroxychloroquine to treat COVID-19. One clip claimed to show Lee Meier, assistant news director at the station, saying, "It\'s not just about the viewers; it\'s about what our CEO reads; it\'s about what our GM reads." Story continues CLICK HERE TO READ MORE FROM THE WASHINGTON EXAMINER Project Veritas has earned a mixed record for its operations, including allegations of misleading editing. In response to Fox 26, O\'Keefe released a statement on Telegram noting Hecker "actually wasn\'t a former employee when she went live on air and sat down with Project Veritas, so [Fox 26] statement is factually incorrect." Washington Examiner Videos Tags: News , Fox , Houston , Texas , Media , Whistleblowers Original Author: Kaelan Deese Original Location: Houston reporter fired over Project Veritas sting', 'A local news reporter for Fox 26 in Houston was fired after announcing on-air the company that owns the station has been "muzzling" her reporting and planned an expose with the help of Project Veritas . Ivory Hecker, a general assignment reporter and fill-in anchor for the station, said she planned to release "behind the scenes" recordings about the Fox Corporation during a live broadcast on Monday. Project Veritas revealed on Tuesday that Hecker had been informed of her suspension from Fox 26, sharing a phone recording provided to the conservative activist group. Soon after, the Daily Beast reported Hecker told the news outlet she had been fired. \x93I have been longing to part ways with this strange, slightly unhinged corporation since last August when I realized what they were,\x94 she said, adding she has "zero interest in working for another corporation. They all toe the same line.\x94 Fox 26, which confirmed to multiple news outlets that Hecker had been fired, also issued a statement on the situation. "FOX 26 adheres to the highest editorial standards of accuracy and impartiality," a spokeswoman for the station told the Washington Examiner. "This incident involves nothing more than a disgruntled former employee seeking publicity by promoting a false narrative produced through selective editing and misrepresentation." HOUSTON REPORTER SAYS NETWORK \'MUZZLING\' HER AND TEASES RELEASE OF AUDIO WHILE LIVE ON-AIR On Tuesday, a video published by Project Veritas showed Hecker sitting down for an interview with the group\'s founder, James O\'Keefe, and video and audio clips of some of her superiors at Fox 26. Hecker raised concerns about the station cracking down on reporting related to certain topics, including Bitcoin and a doctor promoting the use of hydroxychloroquine to treat COVID-19. One clip claimed to show Lee Meier, assistant news director at the station, saying, "It\'s not just about the viewers; it\'s about what our CEO reads; it\'s about what our GM reads." Story continues CLICK HERE TO READ MORE FROM THE WASHINGTON EXAMINER Project Veritas has earned a mixed record for its operations, including allegations of misleading editing. In response to Fox 26, O\'Keefe released a statement on Telegram noting Hecker "actually wasn\'t a former employee when she went live on air and sat down with Project Veritas, so [Fox 26] statement is factually incorrect." Washington Examiner Videos Tags: News , Fox , Houston , Texas , Media , Whistleblowers Original Author: Kaelan Deese Original Location: Houston reporter fired over Project Veritas sting', 'John Collison, the president and co-founder of payments processor Stripe, said he and his company are “extraordinarily enthusiasticbitcoinfans.”\nWhen asked byBloomberg TVhost Emily Chang on Tuesday whether Stripe’s thinking had evolved from its decision tostop supporting bitcoin paymentsin 2018 , Collison said crypto has always been “fairly nuanced.”\n“If you think of the kind of world that crypto people and we are trying to bring about, I think it’s a very related set of goals,” Collison said.\nRelated:Bitcoin Upside Fades; Lower Support at $34K\nCollison noted that only 22% of global commerce occurred via cross-border transactions and had some ways to go before they scaled up alongside demand.\n“We are stuck down at this level where only a fifth of interactions are cross border,” he said. “Crypto is one very exciting direction for trying to solve that.”\nCollison also said while his company is trying to make it easier to handle non-locally based payment methods such as Alipay, all approaches to cross-border transactions, including crypto, need to be pursued in “parallel.”\nSee also:Stripe Partnering With Goldman, Citigroup, Others to Offer Checking Accounts, Services: Report\n• Bitcoin Enters Wait-and-See Phase Ahead of Fed Statement\n• Adopting Bitcoin as Legal Tender Could Ruin El Salvador’s Economy, Economist Says\n• Market Wrap: Attempts to Push Bitcoin Above $40K Stall', 'John Collison, the president and co-founder of payments processor Stripe, said he and his company are “extraordinarily enthusiasticbitcoinfans.”\nWhen asked byBloomberg TVhost Emily Chang on Tuesday whether Stripe’s thinking had evolved from its decision tostop supporting bitcoin paymentsin 2018 , Collison said crypto has always been “fairly nuanced.”\n“If you think of the kind of world that crypto people and we are trying to bring about, I think it’s a very related set of goals,” Collison said.\nRelated:Bitcoin Upside Fades; Lower Support at $34K\nCollison noted that only 22% of global commerce occurred via cross-border transactions and had some ways to go before they scaled up alongside demand.\n“We are stuck down at this level where only a fifth of interactions are cross border,” he said. “Crypto is one very exciting direction for trying to solve that.”\nCollison also said while his company is trying to make it easier to handle non-locally based payment methods such as Alipay, all approaches to cross-border transactions, including crypto, need to be pursued in “parallel.”\nSee also:Stripe Partnering With Goldman, Citigroup, Others to Offer Checking Accounts, Services: Report\n• Bitcoin Enters Wait-and-See Phase Ahead of Fed Statement\n• Adopting Bitcoin as Legal Tender Could Ruin El Salvador’s Economy, Economist Says\n• Market Wrap: Attempts to Push Bitcoin Above $40K Stall', 'John Collison, the president and co-founder of payments processor Stripe, said he and his company are “extraordinarily enthusiastic bitcoin fans.” When asked by Bloomberg TV host Emily Chang on Tuesday whether Stripe’s thinking had evolved from its decision to stop supporting bitcoin payments in 2018 , Collison said crypto has always been “fairly nuanced.” “If you think of the kind of world that crypto people and we are trying to bring about, I think it’s a very related set of goals,” Collison said. Related: Bitcoin Upside Fades; Lower Support at $34K Collison noted that only 22% of global commerce occurred via cross-border transactions and had some ways to go before they scaled up alongside demand. “We are stuck down at this level where only a fifth of interactions are cross border,” he said. “Crypto is one very exciting direction for trying to solve that.” Collison also said while his company is trying to make it easier to handle non-locally based payment methods such as Alipay, all approaches to cross-border transactions, including crypto, need to be pursued in “parallel.” See also: Stripe Partnering With Goldman, Citigroup, Others to Offer Checking Accounts, Services: Report Related Stories Bitcoin Enters Wait-and-See Phase Ahead of Fed Statement Adopting Bitcoin as Legal Tender Could Ruin El Salvador’s Economy, Economist Says Market Wrap: Attempts to Push Bitcoin Above $40K Stall', "/NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICESOR FOR DISSEMINATION IN THE UNITED STATES/\nTORONTO, June 15, 2021 (GLOBE NEWSWIRE) -- Digihost Technology Inc. (“Digihost” or the “Company”) (TSXV: DGHI; OTCQB: HSSHF) is pleased to announce that the Company has entered into subscription agreements with certain institutional investors, for gross proceeds of approximately CAD$15 million in a private placement of its equity securities, comprised of 8,333,336 common shares of the Company (“Shares”) and warrants to purchase up to 6,250,002 common shares (“Warrants”), at a purchase price of CAD$1.8 **Last 60 Days of Bitcoin's Closing Prices:** [60683.82, 56216.18, 55724.27, 56473.03, 53906.09, 51762.27, 51093.65, 50050.87, 49004.25, 54021.75, 55033.12, 54824.70, 53555.11, 57750.18, 57828.05, 56631.08, 57200.29, 53333.54, 57424.01, 56396.52, 57356.40, 58803.78, 58232.32, 55859.80, 56704.57, 49150.54, 49716.19, 49880.54, 46760.19, 46456.06, 43537.51, 42909.40, 37002.44, 40782.74, 37304.69, 37536.63, 34770.58, 38705.98, 38402.22, 39294.20, 38436.97, 35697.61, 34616.07, 35678.13, 37332.86, 36684.93, 37575.18, 39208.77, 36894.41, 35551.96, 35862.38, 33560.71, 33472.63, 37345.12, 36702.60, 37334.40, 35552.52, 39097.86, 40218.48, 40406.27] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2021-06-16 **Financial & Commodity Data:** - Gold Closing Price: $1859.50 - Crude Oil Closing Price: $72.15 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $749,382,923,256 - Hash Rate: 121876323.22166562 - Transaction Count: 252937.0 - Unique Addresses: 651528.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.33 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Bitcoin (BTC) has created a higher low after bouncing at the $30,000 support area. Ethereum (ETH) is approaching the 0.5-0.618 Fib retracement resistance area. XRP (XRP) is trading inside a long-term descending parallel channel. Monero (XMR) is following a descending resistance line while Holo (HOT) has just broken out from one. Aave (AAVE) has bounced at the $300 support area. Chainlink (LINK) has broken down from an ascending support line. BTC BTC bounced on May 19, after reaching a local low of $30,000. It created a higher low on May 23, and a bullish engulfing candlestick the next day. Technical indicators are showing some bullish signs. The MACD has generated two successive higher momentum bars and is in the process of creating a third. A bullish candlestick close would be a further bullish reversal signal. The RSI has crossed above 30 after generating a bullish divergence. Finally, the Stochastic oscillator is moving upwards but has yet to make a bullish cross. The closest resistance levels are found at $41,200 and $48,170. These targets are the 0.382 and 0.618 Fib retracement resistance levels. BTC Chart By TradingView ETH ETH reached an all-time high price of $4,372 on May 12 but decreased sharply after. It culminated with a low of $1,728 on May 23. The downward movement looks to a completed bearish impulse. So, there is a possibility that the current upward movement is the A wave of an A-B-C corrective structure. The closest resistance levels are found between $3,050 and $3,360 — the 0.5-0.618 Fib retracement support levels. Both the short-term MACD and RSI have turned bullish. The latter has just crossed above 50 (green icon). ETH Chart By TradingView XRP XRP has been trading inside a large descending parallel channel since April 14. Such channels usually contain corrective structures. XRP bounced at the support line of the channel on May 23 and has been increasing since. The length of the movements inside the channel is another factor that indicates that this is a corrective structure. Waves A:C have an exact 1:1 ratio, very common in A-B-C corrections. Story continues The MACD and RSI are turning bullish and the latter has just crossed above 50. However, it’s crucial that XRP reclaims the $1.06 area in order to consider the trend bullish. The area previously acted as support and is now expected to act as resistance. XRP Chart By TradingView XMR XMR has been decreasing since May 7 after reaching an all-time high price of $518. The decrease has been sharp, looking similar to that of ETH. It culminated with a low of $124.69 on May 19. XMR has been moving upwards since its fall but was rejected by the 0.5 Fib retracement resistance level at $322. Currently, the level also coincides with a descending resistance line drawn from the aforementioned all-time high. The next resistance is found at $368. XMR Chart By TradingView AAVE AAVE has been decreasing since May 18, when it reached an all-time high price of $668. The decrease has been sharp, culminating with a low of $208 on May 23. This amounted to a decrease of 69% relative to the all-time high. Nevertheless, the entire movement since the beginning of February looks like an irregular flat correction . This is because the upward movement from Feb. 16 (highlighted) looks corrective instead of impulsive. If this is true, then AAVE has likely begun a new bullish impulse. The main resistance levels are found at $438 and $492 (0.5 and 0.618 Fib retracement resistance levels). AAVE Chart By TradingView HOT HOT had been following a descending resistance line after April 5, when it reached an all-time high price of $0.0316. It managed to break out on May 25 and is currently in the process of reclaiming the $0.01 area. If it manages to do so, the next resistance would be found at $0.0181. This target is the 0.5 Fib retracement level of the entire downward movement. HOT Chart By TradingView LINK LINK had been following an ascending support line since Feb. 23. While doing so, it proceeded to reach a new all-time high price of $53 on May 10. However, a sharp decrease followed, leading to a low of $15 on May 23. Since then, LINK has been moving upwards. It’s reached a confluence of resistance levels created by the previous ascending support line and the 0.5 Fib resistance level at $33.96. The support line is now expected to act as resistance. Until LINK is successful in reclaiming both of these levels, we cannot consider the trend bullish. LINK Chart By TradingView For BeInCrypto’s latest bitcoin (BTC) analysis, click here.... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
38053.50, 35787.25, 35615.87, 35698.30, 31676.69, 32505.66, 33723.03, 34662.44, 31637.78, 32186.28
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['The World Bank has rejected a request from El Salvador to assist the country in implementingbitcoinas a legal tender.\nAccording to areport by Reuterson Wednesday, the bank, which is an international financial institution offering grants and loans to low-income countries, said it was “committed to helping El Salvador” for currency transparency and regulatory process.\n“While the government did approach us for assistance on bitcoin, this is not something the World Bank can support given the environmental and transparency shortcomings,” a World Bank spokesperson said via email. The use of cryptocurrencies has raised environmental concerns because of the amount of electricity it takes to minebitcoin.\nRelated:Paraguay Entertainment Group to Accept Bitcoin, Ether, SHIB Next Month\nOn Wednesday, Salvadoran Finance Minister Alejandro Zelaya said his country had approached the bank for technical assistance in order to implement bitcoin alongside the U.S. dollar, according to the Reuters report.\nEl Salvadorofficially recognizedthe crypto as legal tender earlier this month when President Nayib Bukele proposed a bill that was eventually passed via supermajority in the country’s legislature.\nSee also:Adopting Bitcoin as Legal Tender Could Ruin El Salvador’s Economy, Economist Says\n• Bitcoin Holds Short-Term Support; Faces Resistance at $41K\n• Bitcoin Holders Become Net Buyers for First Time Since October as ‘Death Cross’ Looms\n• Market Wrap: Bitcoin Declines as Fed Projects Interest Rate Rise in 2023', 'The World Bank has rejected a request from El Salvador to assist the country in implementingbitcoinas a legal tender.\nAccording to areport by Reuterson Wednesday, the bank, which is an international financial institution offering grants and loans to low-income countries, said it was “committed to helping El Salvador” for currency transparency and regulatory process.\n“While the government did approach us for assistance on bitcoin, this is not something the World Bank can support given the environmental and transparency shortcomings,” a World Bank spokesperson said via email. The use of cryptocurrencies has raised environmental concerns because of the amount of electricity it takes to minebitcoin.\nRelated:Paraguay Entertainment Group to Accept Bitcoin, Ether, SHIB Next Month\nOn Wednesday, Salvadoran Finance Minister Alejandro Zelaya said his country had approached the bank for technical assistance in order to implement bitcoin alongside the U.S. dollar, according to the Reuters report.\nEl Salvadorofficially recognizedthe crypto as legal tender earlier this month when President Nayib Bukele proposed a bill that was eventually passed via supermajority in the country’s legislature.\nSee also:Adopting Bitcoin as Legal Tender Could Ruin El Salvador’s Economy, Economist Says\n• Bitcoin Holds Short-Term Support; Faces Resistance at $41K\n• Bitcoin Holders Become Net Buyers for First Time Since October as ‘Death Cross’ Looms\n• Market Wrap: Bitcoin Declines as Fed Projects Interest Rate Rise in 2023', 'The World Bank has rejected a request from El Salvador to assist the country in implementing bitcoin as a legal tender. According to a report by Reuters on Wednesday, the bank, which is an international financial institution offering grants and loans to low-income countries, said it was “committed to helping El Salvador” for currency transparency and regulatory process. “While the government did approach us for assistance on bitcoin, this is not something the World Bank can support given the environmental and transparency shortcomings,” a World Bank spokesperson said via email. The use of cryptocurrencies has raised environmental concerns because of the amount of electricity it takes to mine bitcoin . Related: Paraguay Entertainment Group to Accept Bitcoin, Ether, SHIB Next Month On Wednesday, Salvadoran Finance Minister Alejandro Zelaya said his country had approached the bank for technical assistance in order to implement bitcoin alongside the U.S. dollar, according to the Reuters report. El Salvador officially recognized the crypto as legal tender earlier this month when President Nayib Bukele proposed a bill that was eventually passed via supermajority in the country’s legislature. See also: Adopting Bitcoin as Legal Tender Could Ruin El Salvador’s Economy, Economist Says Related Stories Bitcoin Holds Short-Term Support; Faces Resistance at $41K Bitcoin Holders Become Net Buyers for First Time Since October as ‘Death Cross’ Looms Market Wrap: Bitcoin Declines as Fed Projects Interest Rate Rise in 2023 View comments', 'PALO ALTO, Calif., June 16, 2021 (GLOBE NEWSWIRE) --Bitcoin Latinum, the next-generation insured Bitcoin fork capable of massive transaction volume, digital asset management, cyber security, and capacity is announcing CoinMarketCap has pre-listed the new cryptocurrency ahead of its official public launch on exchanges across the globe in Q3 2021. Bitcoin Latinum\'s profile on CoinMarketCap (currently identified as "untracked" until the public listing) can be viewed at:https://coinmarketcap.com/currencies/bitcoin-latinum/\nFounded in 2013, CoinMarketCap has become the world\'s premier price-tracking and market capitalization authority website for cryptocurrencies. It is the most referenced and trusted source for comparing thousands of digital assets in the rapidly growing cryptocurrency space by users, institutions, and media. CoinMarketCap has between 2.5 and 5 million unique daily visitors on its platform.\nBitcoin Latinum is an enhanced Bitcoin fork. The Bitcoin Latinum algorithm and infrastructure break barriers and speed limits that have prevented some virtual currencies from achieving practical, real-time use. Bitcoin Latinum – to trade under LTNM – will be mining-free, with a supply of 888,888,888 pre-mined tokens.\nBitcoin Latinum sold out its initial pre-sale with over nine figures committed from buyers across the globe in November 2020. In Q2 2021 Bitcoin Latinum announced a groundbreaking green initiative in support of the Crypto Climate Accord. This will be achieved through an energy efficient consensus protocol system for settling transactions.\nThe Bitcoin Latinum tokens are a part of a blockchain ecosystem being adopted by companies in media, gaming, storage, cloud, and telecommunications. Bitcoin Latinum tokens will be interchangeably used on each of these partner/supplier networks by consumers. In addition, Bitcoin Latinum adds security around inflight transactions and enhanced consensus node protection based on memory scanning technology.\nThe industry remains bullish on Bitcoin pricing and market adoption. Gartner stated that blockchain technology will create more than $176 billion dollars worth of business value by 2025 and $3.1 trillion by 2030. Early Bitcoin adopters, Tyler and Cameron Winklevoss, have vowed to keep their coin holdings until the price of Bitcoin hits $500,000. In a recent interview, they stated, "With a market capitalization of $10 trillion, we believe that one Bitcoin will be worth $500,000. And we think that could happen within this decade. Definitely in the next five years. We are holders up to at least $500,000."\nMonsoon Blockchain Corporation, Asia\'s premier blockchain company, was selected by Bitcoin Latinum as its foundation partner. Monsoon is focused on innovative cloud solutions in the blockchain ecosystem, leveraging the latest blockchain technology to develop powerful business solutions that allow the successful digitization of and listing of assets across a variety of industries, including financial services, telecommunications, and media and entertainment. Dr. Donald Basile, Monsoon\'s CEO and founder, is the former CEO of Fusion IO, a company known for playing a major role in implementing the cloud systems at Apple and Facebook as well as partnerships with HP, IBM, and Dell.\nRecently, Monsoon Blockchain Corporation added advisory board members Ken Goldman, President of Hillspire (Eric Schmidt\'s family office), and former CFO of Yahoo and Fortinet, and Winston Ma to their team. Mr. Ma was the former Managing Director and Head of the North America Office for China Investment Corporation (CIC), China\'s $1 trillion sovereign wealth fund.\nFOR EDUCATIONAL AND INFORMATION PURPOSES ONLY; NOT INVESTMENT ADVICE. Any Bitcoin Latinum offered is for educational and informational purposes only and should NOT be construed as a securities-related offer or solicitation or be relied upon as personalized investment advice. Bitcoin Latinum strongly recommends you consult a licensed or registered professional before making any investment decision.\nMedia contact\nCompany: Bitcoin Latinum\nContact: Kai Okada\nE-mail: [email protected]\nWebsite:https://bitcoinlatinum.com/\nAddress: 2100 Geng Road, Palo Alto, California 94303, USA\nTelephone: +1 800-528-0985\nSOURCE:Bitcoin Latinum', 'PALO ALTO, Calif., June 16, 2021 (GLOBE NEWSWIRE) -- Bitcoin Latinum , the next-generation insured Bitcoin fork capable of massive transaction volume, digital asset management, cyber security, and capacity is announcing CoinMarketCap has pre-listed the new cryptocurrency ahead of its official public launch on exchanges across the globe in Q3 2021. Bitcoin Latinum\'s profile on CoinMarketCap (currently identified as "untracked" until the public listing) can be viewed at: https://coinmarketcap.com/currencies/bitcoin-latinum/ Founded in 2013, CoinMarketCap has become the world\'s premier price-tracking and market capitalization authority website for cryptocurrencies. It is the most referenced and trusted source for comparing thousands of digital assets in the rapidly growing cryptocurrency space by users, institutions, and media. CoinMarketCap has between 2.5 and 5 million unique daily visitors on its platform. Bitcoin Latinum is an enhanced Bitcoin fork. The Bitcoin Latinum algorithm and infrastructure break barriers and speed limits that have prevented some virtual currencies fro **Last 60 Days of Bitcoin's Closing Prices:** [56216.18, 55724.27, 56473.03, 53906.09, 51762.27, 51093.65, 50050.87, 49004.25, 54021.75, 55033.12, 54824.70, 53555.11, 57750.18, 57828.05, 56631.08, 57200.29, 53333.54, 57424.01, 56396.52, 57356.40, 58803.78, 58232.32, 55859.80, 56704.57, 49150.54, 49716.19, 49880.54, 46760.19, 46456.06, 43537.51, 42909.40, 37002.44, 40782.74, 37304.69, 37536.63, 34770.58, 38705.98, 38402.22, 39294.20, 38436.97, 35697.61, 34616.07, 35678.13, 37332.86, 36684.93, 37575.18, 39208.77, 36894.41, 35551.96, 35862.38, 33560.71, 33472.63, 37345.12, 36702.60, 37334.40, 35552.52, 39097.86, 40218.48, 40406.27, 38347.06] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2021-06-17 **Financial & Commodity Data:** - Gold Closing Price: $1773.80 - Crude Oil Closing Price: $71.04 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $736,681,646,075 - Hash Rate: 128812374.13671976 - Transaction Count: 237725.0 - Unique Addresses: 601894.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.26 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Ether ( ETH ) rallied to a new lifetime high on Thursday on speculation an impending blockchain upgrade might result in a drop in supply. The native cryptocurrency of Ethereum’s blockchain rose to a record high of $2,564 during European trading hours, toppling the previous peak price of $2,546 reached on April 16, according to CoinDesk 20 data. “Ethereum’s net annual issuance will drop substantially following the Phase 1.5 ETH 1 to ETH 2 merger,” Messari’s research Wilson Withum tweeted . Related: 21Shares Launching Stellar and Cardano ETPs on SIX Exchange With the upcoming EIP 1559 upgrade , ether will “become a deflationary asset,” Nick Spanos, co-founder of Zap Protocol, told CoinDesk. “This feature will reduce the coin supply and have a corresponding effect on the price, creating an attraction point for more buyers.” Ether has been on a tear of late, outperforming bitcoin ( BTC ) by a wide margin. Ether has gained 35% this month while bitcoin is down about 8%. Analysts studying ether-bitcoin (ETH/BTC) chart patterns say ether’s outperformance could continue in the near term. “ETH/BTC is getting a lot of attention as it broke above its long-term resistance of 0.04,” Pankaj Balani, co-founder and CEO of the Singapore-based Delta Exchange, said. “We might see ETH-BTC push through 0.10. Expect sharp moves though, first to 0.06 in the coming weeks and subsequently to 0.1.” Related: This Earth Day, Let's Reclaim the Bitcoin Energy Debate ETH/BTC is currently trading at 0.046 on Binance, according to data provided by TradingView. Also read: Ethereum’s ‘EIP 1559’ Fee Market Overhaul Greenlit for July Related Stories Ether Price Hits New Record High as Analysts Anticipate Supply Drop Ether Price Hits New Record High as Analysts Anticipate Supply Drop... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
35787.25, 35615.87, 35698.30, 31676.69, 32505.66, 33723.03, 34662.44, 31637.78, 32186.28, 34649.64
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['Bitcoin , BTC to USD, fell by 0.71% on Thursday. Following a 4.48% slide on Wednesday, Bitcoin ended the day at $38,073.0. A bullish start to the day saw Bitcoin rise to a late morning intraday high $39,519.0 before hitting reverse. Falling short of the first major resistance level at $39,830, Bitcoin slid to a late intraday low $37,387.0. Bitcoin fell through the first major support level at $37,491 before a late move back through to $38,000 levels. The near-term bullish trend remained intact in spite of the latest slide back to sub-$38,000 levels. For the bears, Bitcoin would need a sustained fall through the 62% FIB of $27,237 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was a mixed day on Thursday. Polkadot fell by 1.45% to lead the way down. Cardano’s ADA (-0.22%) and Crypto.com Coin (-0.60%) also joined Bitcoin in the red. It was a bullish day for the rest of the majors, however. Chainlink and Binance Coin led the way, with gains of 1.53% and 1.59% respectively. Bitcoin Cash SV (+0.83%), Ethereum (+0.21%), Litecoin (+0.36%), Ripple’s XRP (+0.89%) saw modest gains on the day. In the current week, the crypto total market rose to a Tuesday high $1,708bn before falling to a Thursday low $1,522bn. At the time of writing, the total market cap stood at $1,568bn. Bitcoin’s dominance fell to a Monday low 45.34% before rising to a Wednesday high 46.26%. At the time of writing, Bitcoin’s dominance stood at 45.62%. This Morning At the time of writing, Bitcoin was up by 0.16% to $38,135.0. A mixed start to the day saw Bitcoin fall to an early morning low $37,902.0 before rising to a high $38,136.0. Bitcoin left the major support and resistance levels untested early on. Elsewhere, it was a mixed start to the day. Chainlink (-0.10%), Crypto.com Coin (-1.04%), Litecoin (-0.16%), and Polkadot (-0.16%) saw red early on. It was a relatively bullish start to the day for the rest of the pack, however. At the time of writing, Binance Coin was up by 0.31% to lead the way. Story continues For the Bitcoin Day Ahead Bitcoin would need to move through the $38,326 pivot to bring the first major resistance level at $39,266 into play. Support from the broader market would be needed for Bitcoin to break back through to $39,000 levels. Barring a broad-based crypto rally, the first major resistance level and Thursday’s high $39,519.0 would likely cap any upside. In the event of another extended crypto rally, Bitcoin could test resistance at the 38.2% FIB of $41,592 before any pullback. The second major resistance level sits at $40,458. Failure to move through the $38,326 pivot would bring the first major support level at $37,134 into play. Barring another extended sell-off on the day, Bitcoin should steer clear of sub-$36,000 levels. The second major support level at $36,194 should limit the downside. This article was originally posted on FX Empire More From FXEMPIRE: The Crypto Daily – Movers and Shakers – June 18th, 2021 AUD/USD Forex Technical Analysis – Next Big Challenge for Traders .7499-.7379 Long-Term Retracement Zone Natural Gas Price Prediction – Prices Consolidate as Storm in the Gulf Brews Natural Gas Price Forecast – Natural Gas Markets Pull Back U.S. Dollar Index (DX) Futures Technical Analysis – Strengthens Over 91.950, Weakens Under 91.850 GameStop Poised to Trade With Tech Giants in Russell 1000', 'Bitcoin , BTC to USD, fell by 0.71% on Thursday. Following a 4.48% slide on Wednesday, Bitcoin ended the day at $38,073.0. A bullish start to the day saw Bitcoin rise to a late morning intraday high $39,519.0 before hitting reverse. Falling short of the first major resistance level at $39,830, Bitcoin slid to a late intraday low $37,387.0. Bitcoin fell through the first major support level at $37,491 before a late move back through to $38,000 levels. The near-term bullish trend remained intact in spite of the latest slide back to sub-$38,000 levels. For the bears, Bitcoin would need a sustained fall through the 62% FIB of $27,237 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was a mixed day on Thursday. Polkadot fell by 1.45% to lead the way down. Cardano’s ADA (-0.22%) and Crypto.com Coin (-0.60%) also joined Bitcoin in the red. It was a bullish day for the rest of the majors, however. Chainlink and Binance Coin led the way, with gains of 1.53% and 1.59% respectively. Bitcoin Cash SV (+0.83%), Ethereum (+0.21%), Litecoin (+0.36%), Ripple’s XRP (+0.89%) saw modest gains on the day. In the current week, the crypto total market rose to a Tuesday high $1,708bn before falling to a Thursday low $1,522bn. At the time of writing, the total market cap stood at $1,568bn. Bitcoin’s dominance fell to a Monday low 45.34% before rising to a Wednesday high 46.26%. At the time of writing, Bitcoin’s dominance stood at 45.62%. This Morning At the time of writing, Bitcoin was up by 0.16% to $38,135.0. A mixed start to the day saw Bitcoin fall to an early morning low $37,902.0 before rising to a high $38,136.0. Bitcoin left the major support and resistance levels untested early on. Elsewhere, it was a mixed start to the day. Chainlink (-0.10%), Crypto.com Coin (-1.04%), Litecoin (-0.16%), and Polkadot (-0.16%) saw red early on. It was a relatively bullish start to the day for the rest of the pack, however. At the time of writing, Binance Coin was up by 0.31% to lead the way. Story continues For the Bitcoin Day Ahead Bitcoin would need to move through the $38,326 pivot to bring the first major resistance level at $39,266 into play. Support from the broader market would be needed for Bitcoin to break back through to $39,000 levels. Barring a broad-based crypto rally, the first major resistance level and Thursday’s high $39,519.0 would likely cap any upside. In the event of another extended crypto rally, Bitcoin could test resistance at the 38.2% FIB of $41,592 before any pullback. The second major resistance level sits at $40,458. Failure to move through the $38,326 pivot would bring the first major support level at $37,134 into play. Barring another extended sell-off on the day, Bitcoin should steer clear of sub-$36,000 levels. The second major support level at $36,194 should limit the downside. This article was originally posted on FX Empire More From FXEMPIRE: The Crypto Daily – Movers and Shakers – June 18th, 2021 AUD/USD Forex Technical Analysis – Next Big Challenge for Traders .7499-.7379 Long-Term Retracement Zone Natural Gas Price Prediction – Prices Consolidate as Storm in the Gulf Brews Natural Gas Price Forecast – Natural Gas Markets Pull Back U.S. Dollar Index (DX) Futures Technical Analysis – Strengthens Over 91.950, Weakens Under 91.850 GameStop Poised to Trade With Tech Giants in Russell 1000', 'One person was killed and 12 more were injured Thursday after a gunman went on a shooting spree across cities in the West Valley area of Arizona, police said. A suspect has been taken into custody, and officials said they believe he is the only shooter. At around 11 a.m. local time, police officers in Peoria, Arizona, responded to reports of a person in a white SUV who had fired at another vehicle, Sergeant Brandon Sheffert of the Peoria Police Department said during a preliminary press briefing on Thursday. Over the next hour and a half, the suspect fired shots at seven more locations before he was taken into custody, Sheffert said. The suspect was taken into custody around 12:42 p.m. local time in Surprise, Arizona, and "complied completely" with law enforcement, Sheffert said. The suspect was identified Friday as 19-year-old Ashin Tricarico from Surprise. He has been booked on a count of first degree murder, multiple counts of aggravated assault and drive by shooting, and one count of endangerment, authorities said . His motive remains unclear. Four people were shot, including the deceased victim, and nine other people were injured. Police did not specify how the other nine were injured, but said all 12 of the other victims are expected to recover. The deceased victim was identified Friday as a 56-year-old male, and authorities said the victims ranged in age from 19 to 56 and comprise men and women of various races. Multiple hospitals in the area were placed on a temporary lockdown as a result of the shootings, but it has since been lifted. Officer Tommy Hale of the Surprise Police Department said Thursday that he does not believe there are any other suspects involved with the incident and that "there is no reason" for the public to feel unsafe. An investigation is underway. "Our thoughts go with them," Sheffert said, in reference to victims and their families as well as the officers and firefighters that responded to the scenes. "This is trying for everybody and this doesn\'t normally happen." Authorities closed local roads in surrounding areas while officials continue to investigate the incident. Nine states set to end enhanced federal unemployment benefits on Saturday Astronauts preparing for a Sunday spacewalk to continue upgrades Bitcoin mining companies eyeing move to U.S. amid crypto-crackdown in China View comments', 'One person was killed and 12 more were injured Thursday after a gunman went on a shooting spree across cities in the West Valley area of Arizona, police said. A suspect has been taken into custody, and officials said they believe he is the only shooter. At around 11 a.m. local time, police officers in Peoria, Arizona, responded to reports of a person in a white SUV who had fired at another vehicle, Sergeant Brandon Sheffert of the Peoria Police Department said during a preliminary press briefing on Thursday. Over the next hour and a half, the suspect fired shots at seven more locations before he was taken into custody, Sheffert said. The suspect was taken into custody around 12:42 p.m. local time in Surprise, Arizona, and "complied completely" with law enforcement, Sheffert said. The suspect was identified Friday as 19-year-o **Last 60 Days of Bitcoin's Closing Prices:** [55724.27, 56473.03, 53906.09, 51762.27, 51093.65, 50050.87, 49004.25, 54021.75, 55033.12, 54824.70, 53555.11, 57750.18, 57828.05, 56631.08, 57200.29, 53333.54, 57424.01, 56396.52, 57356.40, 58803.78, 58232.32, 55859.80, 56704.57, 49150.54, 49716.19, 49880.54, 46760.19, 46456.06, 43537.51, 42909.40, 37002.44, 40782.74, 37304.69, 37536.63, 34770.58, 38705.98, 38402.22, 39294.20, 38436.97, 35697.61, 34616.07, 35678.13, 37332.86, 36684.93, 37575.18, 39208.77, 36894.41, 35551.96, 35862.38, 33560.71, 33472.63, 37345.12, 36702.60, 37334.40, 35552.52, 39097.86, 40218.48, 40406.27, 38347.06, 38053.50] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2021-06-18 **Financial & Commodity Data:** - Gold Closing Price: $1767.90 - Crude Oil Closing Price: $71.64 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $704,351,552,625 - Hash Rate: 122867187.63810194 - Transaction Count: 222918.0 - Unique Addresses: 567037.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.25 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Manhattan Solar Partners, LLC has announced plans to construct the biggest renewable-powered cryptocurrency mining data center in the USA. In a joint venture with BIT5IVE, LLC and GMine LLC,Manhattan Solar Partnersis moving forward with its plans to build crypto data centers with a focus on renewable energy. The new centers will utilize more than a gigawatt of renewable energy in Texas. A single gigawatt is enough to power north of 10 million light bulbs and almost enough to power one time-bending DeLorean. The data center will not only make environmental groups happier but will also create around 700 jobs for the local economy. Manhattan Solar Partners’ crypto data centers are expected to begin construction in Q3 of 2021 and are planning to live before the end of the year. Current clients of Manhattan Solar Partners are part of the plans and will be moving existing operations, both international and domestic, to Texas to utilize the renewable energy option. BIT5IVE is a builder of class A crypto mining centers and provides advanced hardware solutions. GMine is a project to explore the capabilities of renewable power in crypto mining. The team is comprises of professionals in the Oil and Gas industry who see the need for asustainable future that incorporates cryptocurrency. As the process of mining cryptocurrency becomes more and more difficult, it requires more powerful computers that require a lot more energy.It has been calculatedthat the power usage of Bitcoin mining alone is more than that of some entire countries. If bitcoin were a country, it would rank 29th in the world in energy consumption, ahead of Norway and Argentina. This massive energy usage has led to many raised eyebrows from environmental groups and governments worldwide. One example of this is theGreenridge Power Plantin Torrey, NY. In May, the plant announced it would be converting from coal to natural gas and be used as a massive bitcoin mining operation. This led to a lawsuit by the Sierra Club and residents to stop the expansion as it violates state law by discharging super heated water into the local drinking supply. Another example of pushback was China’s recentban on crypto mining. Before the ban, China accounted for between 55% and 65& of the world’s power consumption from crypto mining. While renewable energy made up about half of that, the industry still relies heavily on fossil fuels. Many of those who were forced out of China will join the Manhattan Solar Partners project in Texas, which has become a mecca for displaced mining operations. This is due to the low cost of energy along with renewable sources such as solar and wind making up 25% of the state’s total energy generation.... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
35615.87, 35698.30, 31676.69, 32505.66, 33723.03, 34662.44, 31637.78, 32186.28, 34649.64, 34434.34
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['Bitcoin, BTC to USD, slid by 5.85% on Friday. Following a 0.71% loss on Thursday, Bitcoin ended the day at $35,845.0.\nA mixed start to the day saw Bitcoin rise to an early morning intraday high $38,184.1 before hitting reverse.\nFalling short of the first major resistance level at $39,266, Bitcoin slid to a late afternoon intraday low $35,137.0.\nBitcoin fell through the first major support level at $37,134 and the second major support level at $36,194.\nSteering clear of sub-$35,000 support levels, however, Bitcoin revisited $35,900 levels before easing back.\nResistance at $36,000 pinned Bitcoin back late in the day.\nThe near-term bullish trend remained intact in spite of the latest slide back to $35,000 levels. For the bears, Bitcoin would need a sustained fall through the 62% FIB of $27,237 to form a near-term bearish trend.\nAcross the rest of the majors, it was a mixed day on Friday.\nPolkadot rose by 1.17% to buck the trend on the day.\nIt was a bearish day for the rest of the majors, however.\nChainlinkslid by 9.26% to lead the way down.\nBitcoin Cash SV(-6.12%),Crypto.com Coin(-6.75%),Ethereum(-5.85%),Litecoin(-6.44%), andRipple’s XRP(-5.33%) weren’t far behind.\nBinance Coin(-4.42%) andCardano’s ADA(-4.40%) also struggled.\nIn the current week, the crypto total market rose to a Tuesday high $1,708bn before falling to a Friday low $1,433bn. At the time of writing, the total market cap stood at $1,483bn.\nBitcoin’s dominance rose to a Wednesday high 46.26% before falling to an early Saturday low 45.18%. At the time of writing, Bitcoin’s dominance stood at 45.23%.\nAt the time of writing, Bitcoin was down by 0.13% to $35,800.0. A mixed start to the day saw Bitcoin fall to an early morning low $35,677.1 before rising to a high $35,950.0.\nBitcoin left the major support and resistance levels untested early on.\nElsewhere, it was a mixed start to the day.\nCrypto.com Coin bucked the trend early on, falling by 1.95% to join Bitcoin in the red.\nIt was a bullish start for the rest of the majors, however.\nAt the time of writing, Chainlink was up by 1.03% to lead the way.\nBitcoin would need to move through the $36,389 pivot to bring the first major resistance level at $37,640 into play.\nSupport from the broader market would be needed for Bitcoin to break back through to $37,000 levels.\nBarring a broad-based crypto rally, the first major resistance level and Friday’s high $38,184.1 would likely cap any upside.\nIn the event of another extended crypto rally, Bitcoin could test resistance at $40,000 before any pullback. The second major level sits at $39,436.\nFailure to move through the $36,389 pivot would bring the first major support level at $34,593 into play.\nBarring another extended sell-off on the day, Bitcoin should steer clear of sub-$33,000 levels. The second major support level at $33,342 should limit the downside.\nThisarticlewas originally posted on FX Empire\n• Natural Gas Price Forecast – Natural Gas Markets Turn Around Again\n• S&P 500 Price Forecast – S&P 500 Continues to Dance Along 50 Day EMA\n• S&P 500 Weekly Price Forecast – S&P 500 Continues to Look at Supported\n• The Weekly Wrap – A Hawkish FED Delivers for the Dollar Bulls\n• The Crypto Daily – Movers and Shakers – June 19th, 2021\n• Crude Oil Weekly Price Forecast – Crude Oil Markets Continue to Drive Higher', 'Bitcoin , BTC to USD, slid by 5.85% on Friday. Following a 0.71% loss on Thursday, Bitcoin ended the day at $35,845.0. A mixed start to the day saw Bitcoin rise to an early morning intraday high $38,184.1 before hitting reverse. Falling short of the first major resistance level at $39,266, Bitcoin slid to a late afternoon intraday low $35,137.0. Bitcoin fell through the first major support level at $37,134 and the second major support level at $36,194. Steering clear of sub-$35,000 support levels, however, Bitcoin revisited $35,900 levels before easing back. Resistance at $36,000 pinned Bitcoin back late in the day. The near-term bullish trend remained intact in spite of the latest slide back to $35,000 levels. For the bears, Bitcoin would need a sustained fall through the 62% FIB of $27,237 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was a mixed day on Friday. Polkadot rose by 1.17% to buck the trend on the day. It was a bearish day for the rest of the majors, however. Chainlink slid by 9.26% to lead the way down. Bitcoin Cash SV (-6.12%), Crypto.com Coin (-6.75%), Ethereum (-5.85%), Litecoin (-6.44%), and Ripple’s XRP (-5.33%) weren’t far behind. Binance Coin (-4.42%) and Cardano’s ADA (-4.40%) also struggled. In the current week, the crypto total market rose to a Tuesday high $1,708bn before falling to a Friday low $1,433bn. At the time of writing, the total market cap stood at $1,483bn. Bitcoin’s dominance rose to a Wednesday high 46.26% before falling to an early Saturday low 45.18%. At the time of writing, Bitcoin’s dominance stood at 45.23%. This Morning At the time of writing, Bitcoin was down by 0.13% to $35,800.0. A mixed start to the day saw Bitcoin fall to an early morning low $35,677.1 before rising to a high $35,950.0. Bitcoin left the major support and resistance levels untested early on. Elsewhere, it was a mixed start to the day. Crypto.com Coin bucked the trend early on, falling by 1.95% to join Bitcoin in the red. Story continues It was a bullish start for the rest of the majors, however. At the time of writing, Chainlink was up by 1.03% to lead the way. For the Bitcoin Day Ahead Bitcoin would need to move through the $36,389 pivot to bring the first major resistance level at $37,640 into play. Support from the broader market would be needed for Bitcoin to break back through to $37,000 levels. Barring a broad-based crypto rally, the first major resistance level and Friday’s high $38,184.1 would likely cap any upside. In the event of another extended crypto rally, Bitcoin could test resistance at $40,000 before any pullback. The second major level sits at $39,436. Failure to move through the $36,389 pivot would bring the first major support level at $34,593 into play. Barring another extended sell-off on the day, Bitcoin should steer clear of sub-$33,000 levels. The second major support level at $33,342 should limit the downside. This article was originally posted on FX Empire More From FXEMPIRE: Natural Gas Price Forecast – Natural Gas Markets Turn Around Again S&P 500 Price Forecast – S&P 500 Continues to Dance Along 50 Day EMA S&P 500 Weekly Price Forecast – S&P 500 Continues to Look at Supported The Weekly Wrap – A Hawkish FED Delivers for the Dollar Bulls The Crypto Daily – Movers and Shakers – June 19th, 2021 Crude Oil Weekly Price Forecast – Crude Oil Markets Continue to Drive Higher', "The 800+ hedge funds and famous money managers tracked by Insider Monkey have already compiled and submitted their 13F filings for the first quarter, which unveil their equity positions as of March 31st. We went through these filings, fixed typos and other more significant errors and identified the changes in hedge fund portfolios. Our extensive review of these public filings is finally over, so this article is set to reveal the smart money sentiment towards Fuel Tech Inc. (NASDAQ:FTEK).\nFuel Tech Inc. (NASDAQ:FTEK) was in 4 hedge funds' portfolios at the end of March. The all time high for this statistic is 5. FTEK has experienced an increase in activity from the world's largest hedge funds recently. There were 3 hedge funds in our database with FTEK holdings at the end of December. Our calculations also showed that FTEK isn't among the30 most popular stocks among hedge funds(click for Q1 rankings).\nAccording to most traders, hedge funds are assumed to be worthless, outdated investment tools of the past. While there are over 8000 funds with their doors open at the moment, Our researchers look at the top tier of this group, about 850 funds. Most estimates calculate that this group of people watch over the lion's share of the smart money's total asset base, and by paying attention to their matchless stock picks, Insider Monkey has brought to light a number of investment strategies that have historically defeated the S&P 500 index. Insider Monkey's flagship short hedge fund strategy surpassed the S&P 500 short ETFs by around 20 percentage points a year since its inception in March 2017. Also, our monthly newsletter's portfolio of long stock picks returned 206.8% since March 2017 (through May 2021) and beat the S&P 500 Index by more than 115 percentage points. You can download a sample issue of this newsletteron our website.\nKen Griffin of Citadel Investment Group\nAt Insider Monkey we leave no stone unturned when looking for the next great investment idea. For example, Federal Reserve has been creating trillions of dollars electronically to keep the interest rates near zero. We believe this will lead to inflation, which is why we are checking outthis inflation play. We go through lists like10 best gold stocks to buyto identify promising stocks. Even though we recommend positions in only a tiny fraction of the companies we analyze, we check out as many stocks as we can. We read hedge fund investor letters and listen to stock pitches at hedge fund conferences. You can subscribe to our free daily newsletter onour homepage. With all of this in mind let's check out the recent hedge fund action regarding Fuel Tech Inc. (NASDAQ:FTEK).\nAt the end of March, a total of 4 of the hedge funds tracked by Insider Monkey held long positions in this stock, a change of 33% from one quarter earlier. Below, you can check out the change in hedge fund sentiment towards FTEK over the last 23 quarters. So, let's see which hedge funds were among the top holders of the stock and which hedge funds were making big moves.\nAccording to Insider Monkey's hedge fund database,Renaissance Technologies, holds the biggest position in Fuel Tech Inc. (NASDAQ:FTEK). Renaissance Technologies has a $4.1 mil **Last 60 Days of Bitcoin's Closing Prices:** [56473.03, 53906.09, 51762.27, 51093.65, 50050.87, 49004.25, 54021.75, 55033.12, 54824.70, 53555.11, 57750.18, 57828.05, 56631.08, 57200.29, 53333.54, 57424.01, 56396.52, 57356.40, 58803.78, 58232.32, 55859.80, 56704.57, 49150.54, 49716.19, 49880.54, 46760.19, 46456.06, 43537.51, 42909.40, 37002.44, 40782.74, 37304.69, 37536.63, 34770.58, 38705.98, 38402.22, 39294.20, 38436.97, 35697.61, 34616.07, 35678.13, 37332.86, 36684.93, 37575.18, 39208.77, 36894.41, 35551.96, 35862.38, 33560.71, 33472.63, 37345.12, 36702.60, 37334.40, 35552.52, 39097.86, 40218.48, 40406.27, 38347.06, 38053.50, 35787.25] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2021-06-19 **Financial & Commodity Data:** - Gold Closing Price: $1767.90 - Crude Oil Closing Price: $71.64 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $673,021,335,250 - Hash Rate: 102059034.89293952 - Transaction Count: 187042.0 - Unique Addresses: 489074.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.23 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Boerse Stuttgart’s Bison crypto trading app has achieved €2 billion (US$2.4 billion) in trading volume so far this year. Bison has also seen an 83% increase in the number of active users to around 400,000 since the year began, according to Germany’s second-largest stock exchange. Several days in January, daily trade volume doubled from around €35 million ($42.3 million) seen in November to €70 million ($84.1 million), the exchange said. The user growth and trading volume “reflect the current high momentum in the crypto market and the increasingly broad interest in cryptocurrencies,” said Ulli Spankowski, CEO of Sowa Labs GmbH, the subsidiary of Boerse Stuttgart that developed the app. Launched in 2018, the app allows users to trade bitcoin , ether , XRP , litecoin and bitcoin cash . Bison makes a profit from the spreads between the buying and selling prices as opposed to charging fees. EUWAX AG, registered in Germany, is Bison’s trading partner and is regulated as a financial services provider. See also: Boerse Stuttgart’s Bitcoin Exchange Adds Stop Orders as Volatility Hedge Related Stories Boerse Stuttgart Group Crypto Trading App Volume Reaches $2.4B Boerse Stuttgart Group Crypto Trading App Volume Reaches $2.4B Boerse Stuttgart Group Crypto Trading App Volume Reaches $2.4B Boerse Stuttgart Group Crypto Trading App Volume Reaches $2.4B... - Reddit Posts (Sample): [['u/spigotR', "What's with all these noobs?", 51, '2021-06-19 00:41', 'https://www.reddit.com/r/PirateChain/comments/o325io/whats_with_all_these_noobs/', "I see post after post of people whining because the price is down, and calling Jeff Berwick a pump and dump scammer. \n\nFrist, I didn't buy pirate chain because of the words of one guy as you seem to have done. I bought it based on the technology and my belief in the value of privacy. If you are buying anything just because some internet guy tells you too, that's YOUR issue.\n\nSecond do these people have no memory? I remember VERY RECENTLY when the price shot up THOUSOUNDS of percent. It's the most basic of knowledge that when price goes up that much, it will go down some. Guess what? We are still up HUGE even with this dip. \n\nThird, these people have no clue about the context of the entire cypto market. We aren't even doing too bad considering bitcoin tanked 50% not too long ago. \n\n​\n\nConclusion, stop whining and have some patience... and some balls.", 'https://www.reddit.com/r/PirateChain/comments/o325io/whats_with_all_these_noobs/', 'o325io', [['u/LexRex93', 18, '2021-06-19 00:48', 'https://www.reddit.com/r/PirateChain/comments/o325io/whats_with_all_these_noobs/h29hz7w/', "I'm a noob but I've done enough of my own research and share your sentiment. I bought in at $10 and I'm obviously in the hole right now. I'm not worried though because I also bought in because of the technology and it's privacy. I see this as a solid project with investing in. I'm prepared to wait this out and will probably buy more at this low price.", 'o325io'], ['u/nowisalluhav', 24, '2021-06-19 01:07', 'https://www.reddit.com/r/PirateChain/comments/o325io/whats_with_all_these_noobs/h29k1vc/', 'Remember, every one of those noobs is a person interested in Pirate, a potential investor / partner to help grow the network. We ALL started out as noobs. Patience ;)', 'o325io'], ['u/scott_fromthefuture', 17, '2021-06-19 01:10', 'https://www.reddit.com/r/PirateChain/comments/o325io/whats_with_all_these_noobs/h29kbuz/', 'Pirate is still in nearly the same market ranking. This tells me Pirate has not dropped any faster than the average that the whole crypto market is down\n\nNothing has changed with Pirate as a project. No big news has come out that changes anything. In fact, the opposite. New discoveries are being made, devs are joining, everything is happening on track. The project itself is very optimistic, even more so then it was a couple months ago.\n\nThe only thing that has changed is price, but as far as I can tell not even more so then other projects on average. Pirate is a newer project, and it only just recently had the 6000% increase. This brought in many new users that have not yet been convinced of the project. I would say Pirate has a higher than average amount of new users just before the industry pulled back.\n\nThe idea that Pirate is down is all perspective anyway. If you look at a 14 day chart, Pirate is down about 50%. If you look at a 45 day chart it is up 10x. So all perspective, but my opinion is the glass is half full, not half empty. This reminds of how the news headlines say "Bitcoin crashed 25%", when it was still up 1000% from a couple weeks prior.\n\nIf you do not believe in a project, do not buy it and get out. Stupid to own a project you do not believe in. If you have researched a project and you believe in it, buy and hold for some length of time. Ignore the price swings if nothing about the project has changed.\n\n Especially if those swings are directly related to the industry. If you had sold ARRR for BTC you would be down the same amount. If you are here for price action trading you are in the wrong coin. Much better projects with a much higher volume to swing trade. Pirate is a better project for investing in then timing price trades.', 'o325io']]], ['u/kbbqking', '$HUT model shows PT of 12.45 based on $RIOT / $MARA hash rate and marketcap', 40, '2021-06-19 00:49', 'https://www.reddit.com/r/hut8/comments/o32c73/hut_model_shows_pt_of_1245_based_on_riot_mara/', " Hi Guys,\n\nFor those of you who haven't seen, I made [this excel model](https://docs.google.com/spreadsheets/d/1fNQDoZrjwkT_Vmmc9aKmnSJV9FsrlFFM/edit#gid=1585989403) that live updates from google finance that currently shows a PT of $12.46 for $HUT. It compares HUTs relative hash rate to marketcap vs. that of RIOT and MARA.\n\nIt live updates as the share prices change, as they mine more BTC, and as BTC price changes.\n\nHasn't quite worked out for us yet afer the Nasdaq listing - I'm thinking it's either because Bitfury is still dumping their HUT shares (they don't care about the uplist, they just need cash for their own business plan) OR the market is valuing the future hash rate of RIOT/MARA very, very heavily. (Note - future hash rate is not layered into the model but I will consider adding it this weekend).\n\nLet's get this bread.", 'https://www.reddit.com/r/hut8/comments/o32c73/hut_model_shows_pt_of_1245_based_on_riot_mara/', 'o32c73', [['u/Marmot55', 10, '2021-06-19 02:11', 'https://www.reddit.com/r/hut8/comments/o32c73/hut_model_shows_pt_of_1245_based_on_riot_mara/h29qzek/', 'Even comparing maximum announced hash rates doesn’t make things add up. Back of the envelope: HUT is roughly 1/6 the market cap of MARA, as an example, and has roughly 1 EH/s hash rate. To be valuing these companies based on maximum future hash rate would put MARA at ~6 EH/s, which is at least 2-3x what they have announced. As an aside, I think valuing these companies based on what they think their future hash rate will be is asinine anyway. What’s to keep Joe’s Crypto Miners from tweeting “hey we’re getting 3 EH/s by Q4 2021!!” and suddenly being worth $4B? Sometimes it feels like this entire space of the market has lost its mind. I think this whole share price issue comes down to institutional investors. Bull thesis: HUT is being shorted because someone knows Blackrock, Vanguard, et al are on the way and want to accumulate at low prices before it rockets to RIOT/MARA territory. Bear case: HUT is the miner fairly valued based on revenue and earnings; Blackrock and Vanguard are continually buying RIOT/MARA shares, keeping their prices artificially high. Personally I believe in the former and hold ~10k shares myself. But ignoring the bear case is not prudent investing. This got a bit all over the place but I’ll post it anyway.\n\nEdit: I really like and appreciate the spreadsheet OP. Thanks! Sorry to go off a bit.', 'o32c73']]], ['u/Saboteurnado', 'Just chill. Time is on your side.', 53, '2021-06-19 01:00', 'https://www.reddit.com/r/CryptoCurrency/comments/o32jyb/just_chill_time_is_on_your_side/', "Bitcoin and crypto as we know is only 12 years old. That is NOTHING in grand scheme of time, and about 1/6 of a lifespan. Mobile phones were invented in the 40's and only really took hold blew up in the late 70's to early 80's. Now almost everyone has one.\n\nThe world has become a place where everything is desired instantly, no one can see over the horizon, and there is barely a memory of things as they pass by.\n\nA lot of people have gotten into Crypto in only the last few months. That less than the blink of an eye on grand scale of time. Ask those who have been in since 12 years ago about how it worked out for them (though I doubt they even bother with Reddit since they are loaded AF). If they bought and held, and chilled the F out, I doubt you would hear a complaint.\n\nIf you are in Crypto for the long run, and looking for true growth value instead of a quick buck, you will win. FIAT is fading, most people in North America don't even carry cash. We are in a digital world, and block chain and crypto are the future to cut out the middleman. \n\nSit back, relax, close the candle charts, ignore the Twitterati and trust in a glorious future in the YEARS to come.\n\nTime in the market always beats timing the market. This is the way.", 'https://www.reddit.com/r/CryptoCurrency/comments/o32jyb/just_chill_time_is_on_your_side/', 'o32jyb', [['u/MinimumBuddy1844', 12, '2021-06-19 01:02', 'https://www.reddit.com/r/CryptoCurrency/comments/o32jyb/just_chill_time_is_on_your_side/h29jgqz/', 'Yep, difference in the phone or anything else is you can’t see it losing/gaining money in real time, and that’s what freaks a lot of people out', 'o32jyb'], ['u/Danker0rb', 17, '2021-06-19 01:06', 'https://www.reddit.com/r/CryptoCurrency/comments/o32jyb/just_chill_time_is_on_your_side/h29jvu9/', 'Time is always on your side!!! We forget that a year is a loooooooong fucking time and it’s hard to get out of the rat race mindset. But long term hodls are always worth it!', 'o32jyb']]], ['u/krisycoll', 'What can be considered bitcoin with or without KYC?', 67, '2021-06-19 01:33', 'https://www.reddit.com/r/BitcoinBeginners/comments/o33786/what_can_be_considered_bitcoin_with_or_without_kyc/', 'I buy bitcoin on an exchange with KYC and put it in my cold wallet. I understand that I must always consider that these bitcoins can be linked to me in case of need. Therefore, I have some bitcoins without KYC in another hardware wallet (they come from an ATM). I have a friend who acts in the same way (KYC and not-KYC wallet).\n\nIf when withdrawing to our wallets, instead of withdrawing from my account to my wallet, my friend sends me 0.2btc from his account in the exchange to my wallet and I do the same to him: can I consider those coins "KYC-Free" or should I keep them in the KYC wallet? Thanks!', 'https://www.reddit.com/r/BitcoinBeginners/comments/o33786/what_can_be_considered_bitcoin_with_or_without_kyc/', 'o33786', [['u/Brettanomyces78', 17, '2021-06-19 02:11', 'https://www.reddit.com/r/BitcoinBeginners/comments/o33786/what_can_be_considered_bitcoin_with_or_without_kyc/h29qzp1/', "Those transactions can be tracked in the very same way, except now it's clear these two wallets (if the addresses can be known to be part of them) are someho... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
35698.30, 31676.69, 32505.66, 33723.03, 34662.44, 31637.78, 32186.28, 34649.64, 34434.34, 35867.78
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['Bitcoin , BTC to USD, fell by 0.77% on Saturday. Following a 5.85% slide on Friday, Bitcoin ended the day at $35,570.0. A mixed start to the day saw Bitcoin fall from an early high $36,316.0 to an early morning intraday low $34,819.0. Steering clear of the first major support level at $34,593, Bitcoin rose to a midday intraday high $36,447.0. Falling well short of the first major resistance level at $37,640, Bitcoin slipped back to $35,500 levels and into the red. The near-term bullish trend remained intact in spite of the latest slide back to $35,000 levels. For the bears, Bitcoin would need a sustained fall through the 62% FIB of $27,237 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was a mixed day on Saturday. Bitcoin Cash SV and Crypto.com Coin rose by 3.58% and by 2.79% respectively to buck the trend on the day. It was a bearish day for the rest of the majors, however. Polkadot fell by 4.80% to lead the way down, with Chainlink and Ripple’s XRP (-X%) ending the day down by 4.40% and by 4.46% respectively. Cardano’s ADA (-2.27%), Ethereum (-3.14%), and Litecoin (-2.50%) also struggled. Binance Coin saw a more modest 0.97% loss. In the current week, the crypto total market rose to a Tuesday high $1,708bn before falling to a Friday low $1,435bn. At the time of writing, the total market cap stood at $1,454bn. Bitcoin’s dominance rose to a Wednesday high 46.26% before falling to a Saturday low 45.05%. At the time of writing, Bitcoin’s dominance stood at 45.61%. This Morning At the time of writing, Bitcoin was down by 0.24% to $35,484.2. A mixed start to the day saw Bitcoin rise to an early morning high $35,736.0 before falling to a low $35,330.0. Bitcoin left the major support and resistance levels untested early on. Elsewhere, it was a bearish start to the day. At the time of writing, Crypto.com Coin was down by 3.07% to lead the way down. For the Bitcoin Day Ahead Bitcoin would need to back move through the $35,612 pivot to bring the first major resistance level at $36,405 into play. Story continues Support from the broader market would be needed for Bitcoin to break back through to $36,000 levels. Barring a broad-based crypto rally, the first major resistance level and Saturday’s high $36,447.0 would likely cap any upside. In the event of another extended crypto rally, Bitcoin could test resistance at $38,000 before any pullback. The second major level sits at $37,240. Failure to move back through the $35,612 pivot would bring the first major support level at $34,777 into play. Barring another extended sell-off on the day, Bitcoin should steer clear of sub-$34,000 levels. The second major support level sits at $33,984. This article was originally posted on FX Empire More From FXEMPIRE: Natural Gas Weekly Price Forecast – Natural Gas Continues to Test Resistance Gold Weekly Price Forecast – Gold Markets Get Hamered for the Week The Crypto Daily – Movers and Shakers – June 20th, 2021 E-mini Dow Jones Industrial Average (YM) Futures Technical Analysis – 33004 Trigger for Accelerated Selling European Equities: A Week in Review – 18/06/21 U.S Mortgage Rates Fall Again ahead of the FOMC Projections', 'Bitcoin, BTC to USD, fell by 0.77% on Saturday. Following a 5.85% slide on Friday, Bitcoin ended the day at $35,570.0.\nA mixed start to the day saw Bitcoin fall from an early high $36,316.0 to an early morning intraday low $34,819.0.\nSteering clear of the first major support level at $34,593, Bitcoin rose to a midday intraday high $36,447.0.\nFalling well short of the first major resistance level at $37,640, Bitcoin slipped back to $35,500 levels and into the red.\nThe near-term bullish trend remained intact in spite of the latest slide back to $35,000 levels. For the bears, Bitcoin would need a sustained fall through the 62% FIB of $27,237 to form a near-term bearish trend.\nAcross the rest of the majors, it was a mixed day on Saturday.\nBitcoin Cash SVandCrypto.com Coinrose by 3.58% and by 2.79% respectively to buck the trend on the day.\nIt was a bearish day for the rest of the majors, however.\nPolkadot fell by 4.80% to lead the way down, withChainlinkandRipple’s XRP(-X%) ending the day down by 4.40% and by 4.46% respectively.\nCardano’s ADA(-2.27%),Ethereum(-3.14%), andLitecoin(-2.50%) also struggled.\nBinance Coinsaw a more modest 0.97% loss.\nIn the current week, the crypto total market rose to a Tuesday high $1,708bn before falling to a Friday low $1,435bn. At the time of writing, the total market cap stood at $1,454bn.\nBitcoin’s dominance rose to a Wednesday high 46.26% before falling to a Saturday low 45.05%. At the time of writing, Bitcoin’s dominance stood at 45.61%.\nAt the time of writing, Bitcoin was down by 0.24% to $35,484.2. A mixed start to the day saw Bitcoin rise to an early morning high $35,736.0 before falling to a low $35,330.0.\nBitcoin left the major support and resistance levels untested early on.\nElsewhere, it was a bearish start to the day.\nAt the time of writing, Crypto.com Coin was down by 3.07% to lead the way down.\nBitcoin would need to back move through the $35,612 pivot to bring the first major resistance level at $36,405 into play.\nSupport from the broader market would be needed for Bitcoin to break back through to $36,000 levels.\nBarring a broad-based crypto rally, the first major resistance level and Saturday’s high $36,447.0 would likely cap any upside.\nIn the event of another extended crypto rally, Bitcoin could test resistance at $38,000 before any pullback. The second major level sits at $37,240.\nFailure to move back through the $35,612 pivot would bring the first major support level at $34,777 into play.\nBarring another extended sell-off on the day, Bitcoin should steer clear of sub-$34,000 levels. The second major support level sits at $33,984.\nThisarticlewas originally posted on FX Empire\n• Natural Gas Weekly Price Forecast – Natural Gas Continues to Test Resistance\n• Gold Weekly Price Forecast – Gold Markets Get Hamered for the Week\n• The Crypto Daily – Movers and Shakers – June 20th, 2021\n• E-mini Dow Jones Industrial Average (YM) Futures Technical Analysis – 33004 Trigger for Accelerated Selling\n• European Equities: A Week in Review – 18/06/21\n• U.S Mortgage Rates Fall Again ahead of the FOMC Projections', 'A sell-off in the crypto market has continued into the weekend, with the world\'s two biggest tokens, bitcoin (BTC-USD) and ethereum (ETH-USD), both declining further as China\'s crackdown gathers pace.\nChina extended the clampdown on the bitcoin mining industry to its biggest bitcoin producing provinces, including the southwest province of Sichuan.\nOfficials in Sichuan ordered cryptocurrency mining projects to close in the major mining centre, putting more pressure on one of the world\'s most vital markets for trading and mining digital currencies.\nIt comes after,Chinese vice-premier Liu Hu promisedlast month that country would "severely crack down on illegal securities activities and severely punish illegal financial activities."\nBitcoin fell below the $35,000 (£25,341) mark on the news, crashing 7.9% to $33,596. Ethereum – the second biggest crypto by market cap – fell 9.2% to trade at $2,065. Meme token dogecoin (DOGE) dropped 12.5% to $0.26 during the session.\nThe total crypto market value decreased to $1.4tn in the last 24 hours, losing nearly 8%, according to data fromCoinMarketCap.\nThe environmental impact of cryptos has been a source of much concern lately and North American bitcoin miners are working to bring transparency to their energy consumption, through the Bitcoin Mining Council.\nTesla (TSLA) boss Elon Musk also sparked a sell-off after saying the electric carmaker wasabandoning plans to accept bitcoin as paymentdue toenvironmental concerns.\nRead more:Bitcoin and ethereum crash as China promises \'severe crackdown\'\nThe crypto world was knocked by several announcements in recent days as the reality of regulation spooked investors.\nLast week, Coinbase (COIN) cofounder Fred Ehrsam warned "most" cryptocurrencies and crypto-assets "won\'t work" and "90% of NFTs" will have "little to no value in three to five years".\nOn Wednesday, the US Federal Reserve said it could raise interest rates by late 2023 on Wednesday. Assets deemed to be risky, like certain stocks and crypto, have also been weighed down by lingering concerns that the Fed may wind down its bond-buying programme sooner than expected.\nOn Thursday, the World Bank also rejected a request from El Salvador to help with the implementation of bitcoin as a legal tender.\nThe bank said it could not assist El Salvador’s plans due to the environmental impact of bitcoin mining, and transparency drawbacks.\nWatch:What is bitcoin?\nMeanwhile, the UK’s Financial Conduct Authority (FCA) reiterated its warning that people “should be prepared to lose all their money” if they invest cryptocurrencies.\nThe regulator estimated that 2.3 million adults in Britain now hold crypto assets, up from 1.9 million last year, with increasing numbers of people seeing them as either a complement or alternative to mainstream investments.\nUK bank TSB is also looking to ban over five million customers from purchasing cryptos amid fears over "excessively high" fraud rates on trading platforms. "We take our obligation to protect customers extremely seriously and continually review merchants and websites with excessively high fraud rates," a TSB spokesperson said.\nTSB\'s move follows similar moves by other UK banks amid a crackdown on financial cyber crime. Earlier in May, Barclays (BARC.L) Monzo and Starling Bank temporarily banned cash transfers to crypto platforms such as Binance.\nRead more:Crypto retreats as bitcoin and ethereum lead mild sell-off\nThe decline comes after bitcoin reached $41,330 on 15 June, passing past a key $41,250 resistance area, however, it has been decreasing since. But, experts believe bitcoin\'s breakthrough last week could be **Last 60 Days of Bitcoin's Closing Prices:** [53906.09, 51762.27, 51093.65, 50050.87, 49004.25, 54021.75, 55033.12, 54824.70, 53555.11, 57750.18, 57828.05, 56631.08, 57200.29, 53333.54, 57424.01, 56396.52, 57356.40, 58803.78, 58232.32, 55859.80, 56704.57, 49150.54, 49716.19, 49880.54, 46760.19, 46456.06, 43537.51, 42909.40, 37002.44, 40782.74, 37304.69, 37536.63, 34770.58, 38705.98, 38402.22, 39294.20, 38436.97, 35697.61, 34616.07, 35678.13, 37332.86, 36684.93, 37575.18, 39208.77, 36894.41, 35551.96, 35862.38, 33560.71, 33472.63, 37345.12, 36702.60, 37334.40, 35552.52, 39097.86, 40218.48, 40406.27, 38347.06, 38053.50, 35787.25, 35615.87] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2021-06-20 **Financial & Commodity Data:** - Gold Closing Price: $1767.90 - Crude Oil Closing Price: $71.64 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $629,929,678,569 - Hash Rate: 104040763.72581212 - Transaction Count: 167249.0 - Unique Addresses: 441204.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.21 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Both Bitcoin and Ethereum traded at a weekly low of $47,159.49, and $2,060.14 respectively. These price levels were surreal as prices had not gone that low since early March. With the market held down in the oversold region for days, the news that America’s oldest wine brand Acker now accepts Bitcoin and Ethereum payments is perhaps adding to fuel the current bullish market outlook. Bitcoin Fighting the $54,000 Resistance Level Despite its 2.57% gain in the past 24 hours to $54749.8 according to data from CEX.IO price feed, Bitcoin bulls are coming off as weary of the $54,000 resistance level. The top for the digital currency to reclaim is its all-time high of $64,863.10 attained close to two weeks ago, however, the fear of rejection is slowing the ambitious push beyond the current levels. The Technical indicators including the Moving Average and the Chaikin Money Flow are both not oblivion of the regained strides on the BTC/USD 4 hour chart. While the resurgence is obvious, Bitcoin still has a lot of push to erode the downward slide of the 9-day Moving Average. A consistent move upward will return Bitcoin’s price back to $60,000 in the short term. Ethereum Pushes for New Price Zones Ethereum’s recovery has been daunting, gaining 2.24% to trade at $2544.83. Retail sentiments remain high, while on-chain data reveals investors are not giving up on the future potentials of the Proof-of-Stake (PoS) network as total deposits top $9 billion. At present, ETH is trading above its 6 and 20-day Moving Averages, making a case for a further upsurge in the near term. With the ATH of $2,641.09 the target in the short term, Ethereum bulls are potentially aiming for a new price territory above $3,000 in the medium to long term. Konstantin Anisimov, Executive Director at CEX.IO This article was originally posted on FX Empire More From FXEMPIRE: S&P 500 Price Forecast – Stock Markets Continue to Wait on Fed Bitcoin and Ethereum Price Seeks to Recover Lost Grounds After Market’s Flash Crash Crude Oil Price Forecast – Crude Oil Markets Attempting Break Out Gold Price Forecast – Gold Markets Show Hesitation Why Shares Of Tesla Are Down By 4% Today? Silver Price Forecast – Silver Markets Continue Same Consolidation... - Reddit Posts (Sample): [['u/v1shmeluck', 'IF you tryna make some quick cash then ICP is not for you.', 25, '2021-06-20 00:29', 'https://www.reddit.com/r/ICPTrader/comments/o3rfz4/if_you_tryna_make_some_quick_cash_then_icp_is_not/', "I truly believe Definity is working on something that is not easily understood by a normal retail investor. Making them thinking it's a SCAM and shit. but the more I learn about it the more It makes me excited about the project. I was just checking out their [team](https://dfinity.org/foundation) on LinkedIn they got some Researchers with more than 20 years of experience in the industry. I myself studying MS in ECE and when I see people from IBM working for Difinity. That shows it is definitely something revolutionary. And from an investment perspective think long term. This technology is still in the early stages, it needs adoption by developers. It takes time. Some people don't even know what is bitcoin and how it works. They are just part of a hype bubble. Well, my point is clear this project is definitely is complex and Definity Foundation needs to work on their marketing, education material, and easier adoption strategies.\n\nAnyway, I want to say this community is still growing let's make it a great community, we are the ones who can make or break this community. Think of it as people who got a chance to become part of a bitcoin community back in 2013. It survived thru all the hate and FUD but now look at where is bitcoin.\n\nSending all of you some positive vibes.\n\n\\-v1sh\n\nDate: 6/19/2021\n\nMembers: 2.7K\n\n[In nutshell...](https://preview.redd.it/8rnv3gdnya671.png?width=1109&format=png&auto=webp&s=e939a19c81963277623a3d188f906f0effd20c24)\n\n​", 'https://www.reddit.com/r/ICPTrader/comments/o3rfz4/if_you_tryna_make_some_quick_cash_then_icp_is_not/', 'o3rfz4', [['u/smaul15', 10, '2021-06-20 01:57', 'https://www.reddit.com/r/ICPTrader/comments/o3rfz4/if_you_tryna_make_some_quick_cash_then_icp_is_not/h2djr97/', "Positive vibes to you too! I'm all for building a forward looking, hopeful, supportive community...let's do it!", 'o3rfz4']]], ['u/drecycle1996', 'When dear old dad shows you a shit coin....', 42, '2021-06-20 00:35', 'https://www.reddit.com/r/CryptoCurrency/comments/o3rjzy/when_dear_old_dad_shows_you_a_shit_coin/', 'I was just a lad when I first told my parents about bitcoin, young teenager anyway. About 18 years old when I first tried begging my dad to buy some, around then I started buying some smaller amounts, it was all I could do.\n\nNow a days my dad will joke about from time to time how much 10K worth of bitcoin (the time when I was 18 I spoke about, he walked in with a 10K check and I told him to buy btc with it but he didnt)... \n\nNever hear much from him about it, a few months ago he asked Bout it again when the hype was really heavy but I advised to DCA small or wait.\n\nThen today, I\'m just midning my own business and I hear from pops. He is asking about "trumpcoin" \n\nI\'m happy he wants to be a part of the fun, but I\'m disheartened that he found himself a shitcoin.', 'https://www.reddit.com/r/CryptoCurrency/comments/o3rjzy/when_dear_old_dad_shows_you_a_shit_coin/', 'o3rjzy', [['u/Johncjonesjr2', 10, '2021-06-20 00:43', 'https://www.reddit.com/r/CryptoCurrency/comments/o3rjzy/when_dear_old_dad_shows_you_a_shit_coin/h2dc0u5/', 'Well I need me some trump coin because the trump followers are just going to pump that shit up and I want to capitalize', 'o3rjzy'], ['u/[deleted]', 15, '2021-06-20 00:48', 'https://www.reddit.com/r/CryptoCurrency/comments/o3rjzy/when_dear_old_dad_shows_you_a_shit_coin/h2dciho/', 'The shitcoins are getting out of hand lol.', 'o3rjzy'], ['u/RealFilom', 23, '2021-06-20 00:54', 'https://www.reddit.com/r/CryptoCurrency/comments/o3rjzy/when_dear_old_dad_shows_you_a_shit_coin/h2dd7tj/', 'Of all the coins available on the market He chose to go for trumpcoin. Your dad has a nose for shitcoins.', 'o3rjzy'], ['u/BlvckEconomiix', 12, '2021-06-20 01:16', 'https://www.reddit.com/r/CryptoCurrency/comments/o3rjzy/when_dear_old_dad_shows_you_a_shit_coin/h2dfh96/', 'Ground him and take away his internet access.', 'o3rjzy'], ['u/M00OSE', 13, '2021-06-20 01:54', 'https://www.reddit.com/r/CryptoCurrency/comments/o3rjzy/when_dear_old_dad_shows_you_a_shit_coin/h2djg7h/', "“**TrumpCoin's Purpose.** The definition of a Patriot is loosely used in today's world. The TrumpCoin Patriot loves Freedom, God, Family and feels a sense of pride in contributing to society. They stand up against corruption, support integrity, preserve our individual rights in a free society and respect those flags around the world that represent freedom. We stand firm against leftist groups and intimidation. Patriots have sacrificed their time, energies, careers, families and their lives for the good of all people.”", 'o3rjzy']]], ['u/Vladn00ne', 'Solana', 65, '2021-06-20 00:54', 'https://www.reddit.com/r/solana/comments/o3rwkw/solana/', 'How come SOL is still doing great so far even bitcoin is slowly going down? Newbie here gathering some info for the reason behind.', 'https://www.reddit.com/r/solana/comments/o3rwkw/solana/', 'o3rwkw', [['u/Nicnak840', 51, '2021-06-20 00:55', 'https://www.reddit.com/r/solana/comments/o3rwkw/solana/h2ddbfp/', "It's because 1. SOLANA is staked so it's locked up and people can't sell easy. 2. Once you realize the potential of SOL you won't sell it. Just buy more.", 'o3rwkw'], ['u/humbleteague', 18, '2021-06-20 02:08', 'https://www.reddit.com/r/solana/comments/o3rwkw/solana/h2dkw15/', 'This happens with every popular crypto. It won’t go up forever. Just give it time and you will see that it’s not magical and has market cycles like everything else.', 'o3rwkw'], ['u/P_M_TITTIES', 12, '2021-06-20 02:59', 'https://www.reddit.com/r/solana/comments/o3rwkw/solana/h2dq2bz/', '-5% is great to you?', 'o3rwkw'], ['u/solomonroots', 10, '2021-06-20 08:20', 'https://www.reddit.com/r/solana/comments/o3rwkw/solana/h2ejcip/', 'It won’t go up for ever and it will have cycles yes, but… some top coins (like the top 10) basically do go up over time if you have a long time frame. \n\nSome lower cap Alts will go to zero but solana is fighting for a top ten spot off the value prop of fast txs and txs/ second and a big community of devs. So it does have the possibility of staying there. \n\nOutside of that, it’s just had big news lately. Investments, coinbase, hackathon etc.', 'o3rwkw'], ['u/SwissPrivateWanker', 19, '2021-06-20 10:18', 'https://www.reddit.com/r/solana/comments/o3rwkw/solana/h2eqx7t/', "Newly listed on coinbase and kraken\n\nKramer mad money advertised it\n\nHackathon gave it a huge amount of publicity\n\nStaking locks over 65% of it so doesn't allow you to sell easily (need to wait 2 days to sell, so no knee jerk selling reaction)\n\n$350m raised from big boys VC believing in the project\n\nFTX built on Solana, that exchange is becoming one of the top out there\n\nGood technology, people believe in it - it feels they are FINALLY figuring out that they needed PR to help develop. IMO they are still shit in that domain, but with time it will get there (ie: Kramer puff piece) \n\nIt will not rally until cryptos get another leg up, and this won't happen until the Nasdaq rallies - unfortunately with inflation gathering speed and the reality that it will likely not be transitory - all coins will suffer for the short to medium term. Could get some bounce up here and there but trend is not fantastic. I am staked because at 10% on solflare that's enough protection in my view. We could get another round of covid and thus some more QE and printing that would certainly help the coins here. Institutional adoption is starting slowly as well. Long term this is a good gamble. If you compare to some of the dog shit alt that are in the top here it clearly has a better value proposition. \n\nLet's see. I have today 70% of my coins in SOL 15% in a mix of Cardano, Polka, and BTC, the remainder is in ETH. SOL is better than Cardano, DOT I don't know enough but have a small stake in it. ETH if they get their 2.0 very soon could kill SOL on its way up. IMO", 'o3rwkw']]], ['u/a_sudden_heavy_rain', 'Okay, I am just making absolutely sure. If something happens to my physical cold wallet, and I still have the seed phrase, I can buy a new wallet and "recover" my Bitcoin? How? Please explain like I\'m 5.', 227, '2021-06-20 01:07', 'https://www.reddit.com/r/BitcoinBeginners/comments/o3s5p4/okay_i_am_just_making_absolutely_sure_if/', 'I am very, very paranoid right now. \n\n\nMy cold wallet is sitting next to me in it\'s box that it came in. I haven\'t even initialized it yet. Apparently there\'s some software that I need to download onto my computer to get my Bitcoin from the Coinbase exchange and into my wallet. Why? What happens if they stop updating that software, etc. Why does my Bitcoin need to go "through" the app and then finally "into" my wallet? \n\n\nMore importantly is the title question. It doesn\'t make any sense. Like I legit feel so fucking stupid right now, lol. \n\n\nHow does the wallet "know" my seed phrase? Did the manufacturer put it on there? If so, doesn\'t the manufacturer have my seed phrase before I even load my Bitcoin onto my wallet, and thus my phrase is susceptible to hacks?', 'https://www.reddit.com/r/BitcoinBeginners/comments/o3s5p4/okay_i_am_just_making_absolutely_sure_if/', 'o3s5p4', [['u/CocoFor', 27, '2021-06-20 02:24', 'https://www.reddit.com/r/BitcoinBeginners/comments/o3s5p4/okay_i_am_just_making_absolutely_sure_if/h2dmj0m/', "Your seed words are just an abstraction of a very big random number. A really simplified way to think about it is that they decode into hexadecimal so let's imagine that the word grape = 4df6e and apple = 2ad8a, and again with the rest of the words.\n\nThen those are turned into real numbers and some clever math happens somewhere in there that ends up giving you a long-ass number that no computer could guess. That's your ... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
31676.69, 32505.66, 33723.03, 34662.44, 31637.78, 32186.28, 34649.64, 34434.34, 35867.78, 35040.84
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['By Karen Brettell NEW YORK (Reuters) - The dollar retreated from two-month highs on Monday as investors evaluated whether a perceived hawkish tilt by the Federal Reserve last week will mark a pause in the dollar bear trend that has been in play since March 2020. The dollar has surged since the U.S. central bank on Wednesday said that policymakers are forecasting two rate hikes in 2023. That led investors to re-evaluate bets that the U.S. central bank will let inflation run at higher levels for a longer time before hiking rates. The greenback dropped on Monday but held above where it traded before the Fed\'s statement on Wednesday. "There was a rush to clean out outstanding positions that were a little bit maybe too skewed towards dollar shorts," said Bipan Rai, North American head of FX strategy at CIBC Capital Markets in Toronto. Now, "the market\'s trying to catch its breath a little bit before it really decides whether or not to extrapolate this trend towards a stronger dollar." The dollar had weakened on expectations that the Fed will hold rates near zero for years to come even as the economy rebounds from COVID-19 pandemic-related shutdowns. Two regional Federal Reserve officials said on Monday that a faster withdrawal from the central bank\'s bond purchase program could give it more leeway in deciding when to raise interest rates. New York Fed President John Williams also said that more progress is needed before the Fed should begin to scale back some of its economic support. Comments by Fed Chair Jerome Powell will be in focus on Tuesday to see if he confirms the hawkish outlook or tries to row back market expectations of faster tightening. Powell said last week there had been initial discussions about when to pull back on the Fed\'s $120 billion in monthly bond purchases, a conversation that would be completed in coming months as the economy continues to heal. The dollar index against a basket of currencies fell 0.44% on the day to 91.849. The euro gained 0.41% to $1.1917 and the greenback gained 0.03% to 110.29 Japanese yen. Story continues The British pound gained 1.03% to $1.3933. Some analysts say the recent market moves have been exaggerated by investors unwinding crowded trades, and that the dollar still faces weakening pressures as the global economy recovers. "The core thesis underpinning our USD weakness view has not changed drastically," Wells Fargo analysts said on Monday in a report. "For one, the global economic recovery is still gathering pace and broadening in scope. Moreover, while the Fed\'s dots sent a hawkish signal, Chair Powell continued to talk down the risks of a near-term taper. In any case the Fed still looks likely to lag many of its G10 peers in reducing accommodation," they said. Producer price inflation data on Friday will also be in focus for any signals that price pressures may stay higher for longer, which could prompt sooner-than-expected Fed tightening. "If inflation data comes in a little bit firmer than expected, or is a little bit stickier than expected, then that could portend to more aggressive timelines for the Fed to remove accommodation," Rai said. In cryptocurrencies, bitcoin\'s poor recent run continued with a 8.89% drop to $32,390, as China expanded restrictions on mining to the province of Sichuan. Cryptomining in China accounts for more than half of global bitcoin production. (Reporting by Karen Brettell; editing by Jonathan Oatis and Will Dunham)', 'By Karen Brettell\nNEW YORK (Reuters) - The dollar retreated from two-month highs on Monday as investors evaluated whether a perceived hawkish tilt by the Federal Reserve last week will mark a pause in the dollar bear trend that has been in play since March 2020.\nThe dollar has surged since the U.S. central bank on Wednesday said that policymakers are forecasting two rate hikes in 2023. That led investors to re-evaluate bets that the U.S. central bank will let inflation run at higher levels for a longer time before hiking rates.\nThe greenback dropped on Monday but held above where it traded before the Fed\'s statement on Wednesday.\n"There was a rush to clean out outstanding positions that were a little bit maybe too skewed towards dollar shorts," said Bipan Rai, North American head of FX strategy at CIBC Capital Markets in Toronto. Now, "the market\'s trying to catch its breath a little bit before it really decides whether or not to extrapolate this trend towards a stronger dollar."\nThe dollar had weakened on expectations that the Fed will hold rates near zero for years to come even as the economy rebounds from COVID-19 pandemic-related shutdowns.\nTwo regional Federal Reserve officials said on Monday that a faster withdrawal from the central bank\'s bond purchase program could give it more leeway in deciding when to raise interest rates.\nNew York Fed President John Williams also said that more progress is needed before the Fed should begin to scale back some of its economic support.\nComments by Fed Chair Jerome Powell will be in focus on Tuesday to see if he confirms the hawkish outlook or tries to row back market expectations of faster tightening.\nPowell said last week there had been initial discussions about when to pull back on the Fed\'s $120 billion in monthly bond purchases, a conversation that would be completed in coming months as the economy continues to heal.\nThe dollar index against a basket of currencies fell 0.44% on the day to 91.849. The euro gained 0.41% to $1.1917 and the greenback gained 0.03% to 110.29 Japanese yen.\nThe British pound gained 1.03% to $1.3933.\nSome analysts say the recent market moves have been exaggerated by investors unwinding crowded trades, and that the dollar still faces weakening pressures as the global economy recovers.\n"The core thesis underpinning our USD weakness view has not changed drastically," Wells Fargo analysts said on Monday in a report.\n"For one, the global economic recovery is still gathering pace and broadening in scope. Moreover, while the Fed\'s dots sent a hawkish signal, Chair Powell continued to talk down the risks of a near-term taper. In any case the Fed still looks likely to lag many of its G10 peers in reducing accommodation," they said.\nProducer price inflation data on Friday will also be in focus for any signals that price pressures may stay higher for longer, which could prompt sooner-than-expected Fed tightening.\n"If inflation data comes in a little bit firmer than expected, or is a little bit stickier than expected, then that could portend to more aggressive timelines for the Fed to remove accommodation," Rai said.\nIn cryptocurrencies, bitcoin\'s poor recent run continued with a 8.89% drop to $32,390, as China expanded restrictions on mining to the province of Sichuan.\nCryptomining in China accounts for more than half of global bitcoin production.\n(Reporting by Karen Brettell; editing by Jonathan Oatis and Will Dunham)', 'By Karen Brettell\nNEW YORK (Reuters) - The dollar retreated from two-month highs on Monday as investors evaluated whether a perceived hawkish tilt by the Federal Reserve last week will mark a pause in the dollar bear trend that has been in play since March 2020.\nThe dollar has surged since the U.S. central bank on Wednesday said that policymakers are forecasting two rate hikes in 2023. That led investors to re-evaluate bets that the U.S. central bank will let inflation run at higher levels for a longer time before hiking rates.\nThe greenback dropped on Monday but held above where it traded before the Fed\'s statement on Wednesday.\n"There was a rush to clean out outstanding positions that were a little bit maybe too skewed towards dollar shorts," said Bipan Rai, North American head of FX strategy at CIBC Capital Markets in Toronto. Now, "the market\'s trying to catch its breath a little bit before it really decides whether or not to extrapolate this trend towards a stronger dollar."\nThe dollar had weakened on expectations that the Fed will hold rates near zero for years to come even as the economy rebounds from COVID-19 pandemic-related shutdowns.\nTwo regional Federal Reserve officials said on Monday that a faster withdrawal from the central bank\'s bond purchase program could give it more leeway in deciding when to raise interest rates.\nNew York Fed President John Williams also said that more progress is needed before the Fed should begin to scale back some of its economic support.\nComments by Fed Chair Jerome Powell will be in focus on Tuesday to see if he confirms the hawkish outlook or tries to row back market expectations of faster tightening.\nPowell said last week there had been initial discussions about when to pull back on the Fed\'s $120 billion in monthly bond purchases, a conversation that would be completed in coming months as the economy continues to heal.\nThe dollar index against a basket of currencies fell 0.44% on the day to 91.849. The euro gained 0.41% to $1.1917 and the greenback gained 0.03% to 110.29 Japanese yen.\nThe British pound gained 1.03% to $1.3933.\nSome analysts say the recent market moves have been exaggerated by investors unwinding crowded trades, and that the dollar still faces weakening pressures as the global economy recovers.\n"The core thesis underpinning our USD weakness view has not changed drastically," Wells Fargo analysts said on Monday in a report.\n"For one, the global economic recovery is still gathering pace and broadening in scope. Moreover, while the Fed\'s dots sent a hawkish signal, Chair Powell continued to talk down the risks of a near-term taper. In any case the Fed still looks likely to lag many of its G10 peers in reducing accommodation," they said.\nProducer price inflation data on Friday will also be in focus for any signals that price pressures may stay higher for longer, which could prompt sooner-than-expected Fed tightening.\n"If inflation data comes in a little bit firmer than expected, or is a little bit stickier than expected, then **Last 60 Days of Bitcoin's Closing Prices:** [51762.27, 51093.65, 50050.87, 49004.25, 54021.75, 55033.12, 54824.70, 53555.11, 57750.18, 57828.05, 56631.08, 57200.29, 53333.54, 57424.01, 56396.52, 57356.40, 58803.78, 58232.32, 55859.80, 56704.57, 49150.54, 49716.19, 49880.54, 46760.19, 46456.06, 43537.51, 42909.40, 37002.44, 40782.74, 37304.69, 37536.63, 34770.58, 38705.98, 38402.22, 39294.20, 38436.97, 35697.61, 34616.07, 35678.13, 37332.86, 36684.93, 37575.18, 39208.77, 36894.41, 35551.96, 35862.38, 33560.71, 33472.63, 37345.12, 36702.60, 37334.40, 35552.52, 39097.86, 40218.48, 40406.27, 38347.06, 38053.50, 35787.25, 35615.87, 35698.30] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2021-06-21 **Financial & Commodity Data:** - Gold Closing Price: $1781.80 - Crude Oil Closing Price: $73.66 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $607,626,570,600 - Hash Rate: 104040763.72581212 - Transaction Count: 205050.0 - Unique Addresses: 549345.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.23 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Benoit Coeure, the head of the innovation hub at the Bank for International Settlements (BIS), an organization owned by central banks across the world, said El Salvador’s move to adoptbitcoinas legal tender is an interesting experiment, according to a report. • “El Salvador, that is an interesting experiment indeed,” Coeure said at the launch of a regulatory research hub at the Bank of England on Friday, Reutersreports. • “We have been clear at the BIS that we don’t see bitcoin as having passed the test of being a means of payments. Bitcoin is a speculative asset and should be regulated as such,” Coeure said. • El Salvador became the first nation in the world to recognize bitcoin as legal tender and mandate that all businesses in the country accept it as payment. • On Tuesday, a supermajority of the nation’s legislaturevoted in favorof President Nayib Bukele’s proposal for the nation to adopt bitcoin. • The BIS executive is the latest to express concern about the Latin American country’s decision to adopt bitcoin as legal tender. • On Thursday, International Monetary Fund spokesman Gerry RicesaidEl Salvador’s plan to adopt bitcoin as legal tender raises “macroeconomic, financial and legal issues.” • Bitcoin Is Economic Empowerment • Locked In: Bitcoin’s Taproot Upgrade Gets Its 90% Mandate • South Koreans Can Pay With Bitcoin in Stacks, Paycoin Integration • Market Wrap: Bitcoin Flat at $37K as Investors Tangle With Bulls and Bears... - Reddit Posts (Sample): [['u/i_have_chosen_a_name', 'Does anybody know why together with hashrate going down on BTC (cause Chinese mining farms are being shut down) the tx are going down as well? Have lots of BTC tx been faked?', 23, '2021-06-21 00:13', 'https://www.reddit.com/r/btc/comments/o4gfk1/does_anybody_know_why_together_with_hashrate/', 'When hashrate goes down this fast, it should not cause tx to go down and the mempool should start filling up.\n\nBut as the hashrate is going down, so is the number of tx that gets dropped in to the mempool. In fact the mempool just recently got cleared.\n\nWhy is there this correlation?', 'https://www.reddit.com/r/btc/comments/o4gfk1/does_anybody_know_why_together_with_hashrate/', 'o4gfk1', [['u/ShadowOfHarbringer', 18, '2021-06-21 00:16', 'https://www.reddit.com/r/btc/comments/o4gfk1/does_anybody_know_why_together_with_hashrate/h2h3d7s/', 'The TX are usually going down \n\n- During holidays (people busy with other stuff)\n\n- During bear markets (people speculating less)\n\n- On weekends & especially sundays \n\nAll of these things are happening together, so that could explain it.', 'o4gfk1'], ['u/BitcoinCashRules', 22, '2021-06-21 00:20', 'https://www.reddit.com/r/btc/comments/o4gfk1/does_anybody_know_why_together_with_hashrate/h2h3v06/', 'You’re suggesting Chinese miners were putting their own fake transaction in their own blocks so that real people had to pay them $20 bucks for the few remaining spaces? All naively broadcasted under the misnomer “this is normal” by the core maxis? That would be epic if true. So many implications 😂 we’ll have to wait and see.', 'o4gfk1'], ['u/BitcoinCashRules', 16, '2021-06-21 00:29', 'https://www.reddit.com/r/btc/comments/o4gfk1/does_anybody_know_why_together_with_hashrate/h2h4sme/', 'I mean who the fuck actually uses BTC? I don’t know anyone who uses that shit ever lol. So makes sense all the activity was fake anyway, just like its price is fake due to Tether.', 'o4gfk1'], ['u/Alpra_Creem', 12, '2021-06-21 05:44', 'https://www.reddit.com/r/btc/comments/o4gfk1/does_anybody_know_why_together_with_hashrate/h2i2dx5/', '> You’re suggesting Chinese miners were putting their own fake transaction in their own blocks so that real people had to pay them $20 bucks for the few remaining spaces?\n\nThere was a study posted on r/buttcoin within in the last month that claimed just that.', 'o4gfk1']]], ['u/CryptoLyrics', 'The Ferengi Rules of Acquisition applied to crypto', 112, '2021-06-21 00:53', 'https://www.reddit.com/r/CryptoCurrency/comments/o4h6tr/the_ferengi_rules_of_acquisition_applied_to_crypto/', "For those who never watched Star Trek, the [Ferengi Rules of Acquisition](https://memory-beta.fandom.com/wiki/Ferengi_Rules_of_Acquisition) are 285 sets of economic precepts that dictate the entire culture of Ferengi life. Many of them can be applied to cryptocurrency. Here are some examples:\n\n​\n\n>Rule #2: The best deal is the one that brings the most profit\n\nThis seems pretty self-explanatory. Invest in the coins that will bring you the most return.\n\n​\n\n>Rule #3: Never spend more for an acquisition than you have to\n\nDifferent exchanges have different costs. Choose the one that offers the lowest fees.\n\n​\n\n>Rule #10: Greed is eternal \n> \n>Rule #43: Feed your greed, but not enough to choke it\n\nOnly invest what you can afford to lose.\n\n​\n\n>Rule #16: A deal is a deal.....until a better one comes along\n\nDon't get too attached to one particular project if a better opportunity comes along.\n\n​\n\n>Rule #19: Satisfaction is not guaranteed \n> \n>Rule #68: Risk doesn't always equal reward \n> \n>Rule #236: You can't buy fate\n\nCrypto is super volatile and ain't nothing guaranteed but the grave. Know the risks involved.\n\n​\n\n>Rule #37: The early investor reaps the most interest \n> \n>Rule #62: The riskier the road, the greater the profit\n\nBeing an early investor is the most risky, but usually offers the biggest reward.\n\n​\n\n>Rule #59: Free advice is seldom cheap \n> \n>Rule #218: Sometimes what you get free costs entirely too much\n\nBe wary of other's advice on how to invest. Always do your own research.\n\n​\n\n>Rule #8: Small print leads to large risk \n> \n>Rule #74: Knowledge equals profit \n> \n>Rule #217: Always know what you're buying \n> \n>Rule #272: Always inspect the merchandise before making a deal\n\nStudy up on what you are buying and how it works, read the whitepaper, etc. Knowing the finer details of how a particular token functions is vital to managing your investment risks.\n\n​\n\n>Rule #75: Home is where the heart is.....but the stars are made of latinum\n\nThere is usually very little profit to be made in one's own comfort zone. Don't be afraid to venture out in search of greater rewards.\n\n​\n\n>Rule #89: Ask not what you profits can do for you, but what you can do for your profits\n\nDon't just expect to throw money at something and get rich. You gotta study the market, read charts, do the work, etc.\n\n​\n\n>Rule #92: There are many paths to profit\n\nJust as there are many different coins to buy.\n\n​\n\n>Rule #99: Trust is the biggest liability of all\n\nUse reputable exchanges and other services. Beware of scammers. Don't fall for social engineering tricks.\n\n​\n\n>Rule #101: Profit trumps emotion\n\nMarkets may be controlled by emotion, but you can't buy a cup of coffee with your feelings.\n\n​\n\n>Rule #162: Even in the worst of times someone turns a profit\n\nBull market, bear market, doesn't matter. Money can always be made if you play your cards right.\n\n​\n\n>Rule #190: Hear all, trust nothing \n> \n>Rule #212: A good lie is easier to believe than the truth\n\nBe open to every opinion, but also be skeptical.\n\n​\n\n>Rule #200: A Ferengi chooses no side but his own\n\nDon't get caught up in coin tribalism. Whether Bitcoin, Dogecoin, or even Safemoons, all that matters is whether or not it makes gains for you.\n\n​\n\n>Rule #240: Time, like latinum, is a highly limited commodity\n\nTime in the market > timing the market\n\n​\n\n>Rule #248: The definition of insanity is trying the same failed scheme & expecting different results\n\nDon't keep sinking money into something that never turns a profit.\n\n​\n\n>Rule #263: Never allow doubt to tarnish your lust for latinum\n\nAKA scared money don't make money.", 'https://www.reddit.com/r/CryptoCurrency/comments/o4h6tr/the_ferengi_rules_of_acquisition_applied_to_crypto/', 'o4h6tr', [['u/MinimumBuddy1844', 16, '2021-06-21 00:55', 'https://www.reddit.com/r/CryptoCurrency/comments/o4h6tr/the_ferengi_rules_of_acquisition_applied_to_crypto/h2h7l8d/', 'Star Trek really was many light years ahead of us', 'o4h6tr'], ['u/retrobust', 18, '2021-06-21 01:00', 'https://www.reddit.com/r/CryptoCurrency/comments/o4h6tr/the_ferengi_rules_of_acquisition_applied_to_crypto/h2h83ze/', 'Was not expecting a DS9-Crypto crossover but I love it!', 'o4h6tr'], ['u/WarrenPuff_It', 11, '2021-06-21 01:07', 'https://www.reddit.com/r/CryptoCurrency/comments/o4h6tr/the_ferengi_rules_of_acquisition_applied_to_crypto/h2h8ykc/', 'I recently rewatched DSP for the first time after decades, it\'s so 90s. There is one episode where they ran a diagnostic scan on an alien probe which inflected their system with a virus, so their solution was to just "re-upload" the virus back into the probe. It really has a 90s hacker vibe to all the tech in that universe.\n\nDax is all like "if we got the virus by downloading it, then all we have to do is re-upload the virus back into the probe" and O\'Brien is all like "should work perfectly" and then the episode ends.', 'o4h6tr'], ['u/co_fragment', 15, '2021-06-21 01:10', 'https://www.reddit.com/r/CryptoCurrency/comments/o4h6tr/the_ferengi_rules_of_acquisition_applied_to_crypto/h2h99s2/', 'OP has the lobes for profit', 'o4h6tr']]], ['u/Lyggo', 'Bitcoin noob.', 157, '2021-06-21 01:49', 'https://www.reddit.com/r/BitcoinBeginners/comments/o4i80o/bitcoin_noob/', "Hi guys!\n\nI'm from El Salvador, and as of today's date there hasn't been any information released educating the population regarding Bitcoin however since it has become a legal tender here, I would like to understand how it works.\n\nBeen reading l this r/ but i really don't understand anything, wallets, Lighting network is like is in a language I really don't understand.\n\nCan you guys point me where I could get information regarding all of these but that it is explained like you were explaining it to a 4 yo.\n\nWhat would be the best app to use and all of that?", 'https://www.reddit.com/r/BitcoinBeginners/comments/o4i80o/bitcoin_noob/', 'o4i80o', [['u/branchfoundation', 23, '2021-06-21 02:47', 'https://www.reddit.com/r/BitcoinBeginners/comments/o4i80o/bitcoin_noob/h2hjewl/', 'I always recommend [this video by 3Blue1Brown](https://youtu.be/bBC-nXj3Ng4) to friends who want to learn about Bitcoin. It doesn’t explain the lightning network but you should get comfortable with the basics first.\n\nAs for wallets, you’ll soon come to understand that they’re inappropriately named for the task they perform. A wallet doesn’t actually store your Bitcoin, rather it holds the keys that you use to access the Bitcoin that you own. Bitcoins only exist on the ledger, and wallets simply grant a user access to their investment. That also explains why you’ll often hear the phrase: “Not your keys, not your coins.”\n\nHappy to answer any questions, and best of luck to the Salvadorans on this new adventure!', 'o4i80o'], ['u/Quentin__Tarantulino', 18, '2021-06-21 07:03', 'https://www.reddit.com/r/BitcoinBeginners/comments/o4i80o/bitcoin_noob/h2i9csq/', 'A wallet is more l... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
32505.66, 33723.03, 34662.44, 31637.78, 32186.28, 34649.64, 34434.34, 35867.78, 35040.84, 33572.12
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['* Graphic: World FX rates https://tmsnrt.rs/2RBWI5E By Tom Westbrook SINGAPORE, June 22 (Reuters) - The dollar paused for breath on Tuesday as traders looked to testimony from U.S. Federal Reserve chair Jerome Powell for guidance, after a surprise shift in the central bank\'s policy outlook, while cyptocurrencies nursed heavy losses. The greenback has gained sharply since the Fed last week flagged sooner-than-expected interest rate hikes, but dipped on Monday to hand back a little bit of that rise. Against the euro, the dollar nursed an overnight loss of about 0.4% to steady around $1.1909. It held at 110.31 yen, and the dollar index was steady at 91.915 after a loss of about 0.5% on Monday. The Australian and New Zealand dollars eased - after snapping losing streaks on Monday - with the Aussie down 0.2% to $0.7527 and the kiwi down 0.15% to $0.6978. "We\'ve had a meaningful shift (at the Fed) from a longtime dovish stance to now a slightly hawkish one," said Westpac currency analyst Imre Speizer. "We\'ve had a bit of a positioning cleanout - the whole world was mega short the U.S. dollar, and that\'s in good part probably been cleaned out already - and now we take a wee breath before the next move up," he said. Over the next few weeks the Aussie dollar could drop to around 74 cents and the kiwi to around 68 cents, he said, before they both might recover as the U.S. dollar charts a "raggedy" rise on the back of a strong U.S. pandemic recovery. In the medium term, investors will be keenly focused on the U.S. labour market as its performance is likely to have an influence on the Fed\'s attitude. In the nearer future, all eyes are on Powell who appears before Congress from 1800 GMT. In prepared remarks he noted sustained labour market improvement and the recent increase in inflation. On Monday hawkish Fed officials such as St. Louis Fed President James Bullard and Dallas Fed President Robert Kaplan offered toned-down rhetoric. New York Fed President John Williams said it was too soon to shift policy, and that he expects inflation to ease from about 3% this year to close to 2% in 2022 and 2023 - which is something markets are not so sure about. "The Fed is nearly always late on such things," said RBC Capital Markets\' chief economist Tom Porcelli, who thinks core inflation could be higher - just under 3% - by the end of 2022. "That is not 2% inflation," he said in a note, and it is going to eventually apply pressure to the Fed to move on rates. "In the meantime, we have no doubt with that 2% forecast as cover, Powell will attempt to play down the likelihood of a rate hike next year. But just as he eventually relented on taper talk, he will relent on dismissing talk about hiking rates too. Just give it more time." Elsewhere on Tuesday sterling steadied at $1.3917, holding on to its overnight bounce as investors look forward to the British economy reopening further on July 19. Bitcoin and other cryptocurrencies had slumped on Monday as a tightening crackdown on trading and mining in China, as well as technical factors, whacked the asset class. Bitcoin lost more than 11% on Monday and rival ether fell more than 15% as both suffered their sharpest selloff in about a month. On Tuesday they held above May lows, with bitcoin at $31,535, but the mood did not improve. "The tides of FONGO (Fear of Not Getting Out) are creeping in," said Chris Weston, head of research at broker Pepperstone. "Bitcoin is also at a make or break point," he said, as it tests May\'s trough near $30,000. "Ethereum looks plain ugly and if crypto is an emotive asset, then one would have to be the staunchest of HODLers to be holding this and not look for some sort of hedge," he added, using cryto-market slang for bullish investors. ======================================================== Currency bid prices at 049 GMT Description RIC Last U.S. Close Pct Change YTD Pct High Bid Low Bid Previous Change Session Euro/Dollar $1.1906 $1.1918 -0.09% -2.55% +1.1920 +1.1907 Dollar/Yen 110.2100 110.3500 +0.00% +6.84% +110.3950 +0.0000 Euro/Yen Dollar/Swiss 0.9190 0.9178 +0.12% +3.87% +0.9191 +0.9178 Sterling/Dollar 1.3909 1.3934 -0.17% +1.82% +1.3937 +1.3910 Dollar/Canadian 1.2380 1.2362 +0.15% -2.78% +1.2380 +1.2360 Aussie/Dollar 0.7522 0.7542 -0.27% -2.22% +0.7545 +0.7522 NZ 0.6976 0.6992 -0.21% -2.84% +0.6994 +0.6977 Dollar/Dollar All spots Tokyo spots Europe spots Volatilities Tokyo Forex market info from BOJ (Reporting by Tom Westbrook; editing by Richard Pullin)', '* Graphic: World FX rates https://tmsnrt.rs/2RBWI5E By Tom Westbrook SINGAPORE, June 22 (Reuters) - The dollar paused for breath on Tuesday as traders looked to testimony from U.S. Federal Reserve chair Jerome Powell for guidance, after a surprise shift in the central bank\'s policy outlook, while cyptocurrencies nursed heavy losses. The greenback has gained sharply since the Fed last week flagged sooner-than-expected interest rate hikes, but dipped on Monday to hand back a little bit of that rise. Against the euro, the dollar nursed an overnight loss of about 0.4% to steady around $1.1909. It held at 110.31 yen, and the dollar index was steady at 91.915 after a loss of about 0.5% on Monday. The Australian and New Zealand dollars eased - after snapping losing streaks on Monday - with the Aussie down 0.2% to $0.7527 and the kiwi down 0.15% to $0.6978. "We\'ve had a meaningful shift (at the Fed) from a longtime dovish stance to now a slightly hawkish one," said Westpac currency analyst Imre Speizer. "We\'ve had a bit of a positioning cleanout - the whole world was mega short the U.S. dollar, and that\'s in good part probably been cleaned out already - and now we take a wee breath before the next move up," he said. Over the next few weeks the Aussie dollar could drop to around 74 cents and the kiwi to around 68 cents, he said, before they both might recover as the U.S. dollar charts a "raggedy" rise on the back of a strong U.S. pandemic recovery. In the medium term, investors will be keenly focused on the U.S. labour market as its performance is likely to have an influence on the Fed\'s attitude. In the nearer future, all eyes are on Powell who appears before Congress from 1800 GMT. In prepared remarks he noted sustained labour market improvement and the recent increase in inflation. On Monday hawkish Fed officials such as St. Louis Fed President James Bullard and Dallas Fed President Robert Kaplan offered toned-down rhetoric. New York Fed President John Williams said it was too soon to shift policy, and that he expects inflation to ease from about 3% this year to close to 2% in 2022 and 2023 - which is something markets are not so sure about. "The Fed is nearly always late on such things," said RBC Capital Markets\' chief economist Tom Porcelli, who thinks core inflation could be higher - just under 3% - by the end of 2022. "That is not 2% inflation," he said in a note, and it is going to eventually apply pressure to the Fed to move on rates. "In the meantime, we have no doubt with that 2% forecast as cover, Powell will attempt to play down the likelihood of a rate hike next year. But just as he eventually relented on taper talk, he will relent on dismissing talk about hiking rates too. Just give it more time." Elsewhere on Tuesday sterling steadied at $1.3917, holding on to its overnight bounce as investors look forward to the British economy reopening further on July 19. Bitcoin and other cryptocurrencies had slumped on Monday as a tightening crackdown on trading and mining in China, as well as technical factors, whacked the asset class. Bitcoin lost more than 11% on Monday and rival ether fell more than 15% as both suffered their sharpest selloff in about a month. On Tuesday they held above May lows, with bitcoin at $31,535, but the mood did not improve. "The tides of FONGO (Fear of Not Getting Out) are creeping in," said Chris Weston, head of research at broker Pepperstone. "Bitcoin is also at a make or break point," he said, as it tests May\'s trough near $30,000. "Ethereum looks plain ugly and if crypto is an emotive asset, then one would have to be the staunchest of HODLers to be holding this and not look for some sort of hedge," he added, using cryto-market slang for bullish investors. ======================================================== Currency bid prices at 049 GMT Description RIC Last U.S. Close Pct Change YTD Pct High Bid Low Bid Previous Change Session Euro/Dollar $1.1906 $1.1918 -0.09% -2.55% +1.1920 +1.1907 Dollar/Yen 110.2100 110.3500 +0.00% +6.84% +110.3950 +0.0000 Euro/Yen Dollar/Swiss 0.9190 0.9178 +0.12% +3.87% +0.9191 +0.9178 Sterling/Dollar 1.3909 1.3934 -0.17% +1.82% +1.3937 +1.3910 Dollar/Canadian 1.2380 1.2362 +0.15% -2.78% +1.2380 +1.2360 Aussie/Dollar 0.7522 0.7542 -0.27% -2.22% +0.7545 +0.7522 NZ 0.6976 0.6992 -0.21% -2.84% +0.6994 +0.6977 Dollar/Dollar All spots Tokyo spots Europe spots Volatilities Tokyo Forex market info from BOJ (Reporting by Tom Westbrook; editing by Richard Pullin)', 'By Karen Brettell NEW YORK (Reuters) - The U.S. dollar held at lower levels on Tuesday after Federal Reserve Chair Jerome Powell reaffirmed the U.S. central bank\'s intent to encourage a "broad and inclusive" recovery of the job market, and not to raise interest rates too quickly based only on the fear of coming inflation. "We will not raise interest rates pre-emptively because we fear the possible onset of inflation. We will wait for evidence of actual inflation or other imbalances," Powell said in a hearing before a U.S. House of Representatives panel. The dollar had surged after the Fed on Wednesday said that policymakers are forecasting two rate hikes in 2023. That led investors to re-evaluate bets that the Fed will let inflation run at higher levels for a longer time before hiking rates. “I didn’t think he elaborated any further on the timeline. He certainly didn\'t make it more urgent either,” said Lou Brien, a market strategist at DRW Trading in Chicago. The dollar i **Last 60 Days of Bitcoin's Closing Prices:** [51093.65, 50050.87, 49004.25, 54021.75, 55033.12, 54824.70, 53555.11, 57750.18, 57828.05, 56631.08, 57200.29, 53333.54, 57424.01, 56396.52, 57356.40, 58803.78, 58232.32, 55859.80, 56704.57, 49150.54, 49716.19, 49880.54, 46760.19, 46456.06, 43537.51, 42909.40, 37002.44, 40782.74, 37304.69, 37536.63, 34770.58, 38705.98, 38402.22, 39294.20, 38436.97, 35697.61, 34616.07, 35678.13, 37332.86, 36684.93, 37575.18, 39208.77, 36894.41, 35551.96, 35862.38, 33560.71, 33472.63, 37345.12, 36702.60, 37334.40, 35552.52, 39097.86, 40218.48, 40406.27, 38347.06, 38053.50, 35787.25, 35615.87, 35698.30, 31676.69] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2021-06-22 **Financial & Commodity Data:** - Gold Closing Price: $1776.30 - Crude Oil Closing Price: $73.06 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $607,848,072,169 - Hash Rate: 90168661.89570382 - Transaction Count: 196523.0 - Unique Addresses: 550948.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.10 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Palantir Technologies (PLTR), which is a top provider of analytics and AI (artificial intelligence) services and technology, saw its stock drop ten days in a row prior its earnings report this past week. Of course, this is nothing new for high-growth stocks lately. Wall Street has been dumping most of these securities. Palantir stock did get some relief when it reported its Q1 results on May 11. On the news, shares jumped nearly 10% to $20.21. Yet it was not able to hold on, and the stock price has since sunk to around $20, bringing the market capitalization to $37 billion. Q1 Results So, let’s get a rundown on the Q1 numbers. The company reported a net loss of $123 million or 7 cents a share. On an adjusted basis, the earnings per share was 4 cents, which was in-line with the consensus forecast. As for revenues, they soared 49% to $341.2 million, which handily beat the Street estimate of $332 million. The biggest driver was the U.S. government business, which saw an 83% spike. (See Palantir Technologies stock analysis on TipRanks) Note that when Palantir was founded – back in 2003 – the focus was generally on contracts for the CIA and the Defense Department. However, over the past decade, the company has been moving more aggressively into the commercial sector. In Q1, commercial segment revenues were $133 million. Something else to consider about the quarterly results: Palantir said that it will accept Bitcoin from its customers and might even add this digital asset to its balance. As seen recently with Tesla (TSLA), this may prove to be a challenge. Tesla recently indicated it will no longer accept Bitcoin for orders because of concerns about the environmental impact of the digital mining. Palantir's Technological Advantage Palantir generally caters to larger enterprise customers, as the average revenue per customer is about $8.1 million. In fact, the top 20 customers are at a hefty $36.1 million. Additionally, the company has been able to scale its operations with proprietary technologies. The latest offering is Apollo for Edge AI. Launched in April, it is already getting traction. At the heart of this system is micro models, which are similar to microservices that allow for modern cloud computing. The technology essentially makes it much easier and more effective to deploy AI models across complex environments. This technology holds enormous potential. For example, it can allow for the automation of factories, the use of sensors on oil rigs or even applications in space. All in all, Apollo for Edge AI should expand the company’s addressable market opportunity. Wall Street’s Take Turning to the analyst community, the consensus rating is a Hold, with 2 Buys, 3 Holds and 4 Sells logged over the past three months. The average analyst price target is $21.75, which implies 8.3% upside potential. Bottom Line on Palantir Palantir has built a powerful platform and is positioned to benefit from the secular trend of AI. Few companies have a similar level of experience, set of strong technologies and team of data scientists. On the other hand, in today’s environment, Wall Street is not particularly interested in growth plays – especially those with high valuations. Consider that Palantir is trading at about 17 times sales, even with the recent drop-off in the stock price. Therefore, it may be best to hold off and wait for things to settle before making a purchase. Disclosure: Tom Taulli does not have a long or short position in Palantir stock. Disclaimer: The information contained herein is for informational purposes only. Nothing in this article should be taken as a solicitation to purchase or sell securities.... - Reddit Posts (Sample): [['u/tfren99', 'Market got you down? Here are some facts to cheer you up', 142, '2021-06-22 00:05', 'https://www.reddit.com/r/CryptoCurrency/comments/o56vri/market_got_you_down_here_are_some_facts_to_cheer/', 'Whether you think this the start of the bear or a blip in the bull, seeing the market in the red for so long can definitely be intimidating for newbies like myself, and even more so for those who bought in at the most recent ATH. \n\nHere are some facts to put things in perspective and stoke the (long term) bullish sentiment:\n\n* 6 months ago BTC was at **\\~$23k**. ETH was at **\\~$600**.\n* 1 year ago BTC was at **\\~9k**. ETH was at **\\~$230**.\n* The total crypto market cap is up over 70% from January 1, 2021 (MC on Jan 1 was \\~780k).\n\nToday we look back on these prices and think "I wish I bought back then". In the future people will think the same thing about today\'s prices.\n\nStay bullish friends! We\'re on the road to mass adoption.', 'https://www.reddit.com/r/CryptoCurrency/comments/o56vri/market_got_you_down_here_are_some_facts_to_cheer/', 'o56vri', [['u/nicog67', 20, '2021-06-22 00:08', 'https://www.reddit.com/r/CryptoCurrency/comments/o56vri/market_got_you_down_here_are_some_facts_to_cheer/h2l4nwk/', 'Time to accumulate until the next bull run', 'o56vri'], ['u/biscuwit', 62, '2021-06-22 00:10', 'https://www.reddit.com/r/CryptoCurrency/comments/o56vri/market_got_you_down_here_are_some_facts_to_cheer/h2l4xep/', "If I just buy more it won't seem like my portfolio is taking a hit", 'o56vri'], ['u/Short_Membership_300', 12, '2021-06-22 00:10', 'https://www.reddit.com/r/CryptoCurrency/comments/o56vri/market_got_you_down_here_are_some_facts_to_cheer/h2l4ylm/', 'wish i had more money to buy more btc and eth..:(', 'o56vri'], ['u/dreadSQUATCH', 12, '2021-06-22 00:10', 'https://www.reddit.com/r/CryptoCurrency/comments/o56vri/market_got_you_down_here_are_some_facts_to_cheer/h2l4z0j/', 'Last one was brutal and lasted 2 years. A few months is nothing. Just hold everything and only put in what you can watch go to zero. That’s what I’ve learned after 5 years in crypto. My humble advice\n\nNo one wanted to buy ADA at $.02 no matter how much I begged them last time this happened. You never know what’s going to rebound and when it’s going to happen. just enjoy the ups and downs because you never know', 'o56vri'], ['u/Taram_Caldar', 50, '2021-06-22 00:10', 'https://www.reddit.com/r/CryptoCurrency/comments/o56vri/market_got_you_down_here_are_some_facts_to_cheer/h2l4z8t/', "Translation:\n\nZoom out, look at the bigger picture. Relax and enjoy the long roller-coaster ride :) Stay on long enough and you'll wind up higher than you began.", 'o56vri'], ['u/nolimitdoger', 37, '2021-06-22 00:11', 'https://www.reddit.com/r/CryptoCurrency/comments/o56vri/market_got_you_down_here_are_some_facts_to_cheer/h2l50v8/', 'I bought the dip, went to get cigs, came back to find the dip dipped 🤷🏼', 'o56vri'], ['u/Eltotsira', 15, '2021-06-22 00:13', 'https://www.reddit.com/r/CryptoCurrency/comments/o56vri/market_got_you_down_here_are_some_facts_to_cheer/h2l59ow/', 'You know whats wild is that you can already see people fleeing the sub. I usually sort by "new" or by "top today," and maybe I\'m wrong (I\'m not gonna check), but the upvote totals on most posts seem generally lower. Just wild to see. More for the people who stay i guess.', 'o56vri'], ['u/stovetopapple', 27, '2021-06-22 00:40', 'https://www.reddit.com/r/CryptoCurrency/comments/o56vri/market_got_you_down_here_are_some_facts_to_cheer/h2l8i38/', 'This is my strategy. Works for a few hours before you lose it and the vicious cycle continues', 'o56vri'], ['u/PlsRespond1', 14, '2021-06-22 01:48', 'https://www.reddit.com/r/CryptoCurrency/comments/o56vri/market_got_you_down_here_are_some_facts_to_cheer/h2lg6r4/', 'I keep pouring more in and my portfolio amount is staying the same 😭😂', 'o56vri']]], ['u/Bupolo', 'Just a friendly reminder on the Wyckoff Distribution Pattern analysis', 32, '2021-06-22 00:15', 'https://www.reddit.com/r/theta_network/comments/o573jy/just_a_friendly_reminder_on_the_wyckoff/', "BTC price movement eerily following this. This was posted on July 19 when the price was at $35k.\n\nPer this it looks like BTC will test around $30k, then start to slowly draw back up.\n\nBut low and behold, look what may be happening to BTC's price around the MN3.0 launch date (where I put the long red line).\n\nhttps://preview.redd.it/shbrp3ty0p671.png?width=1006&format=png&auto=webp&s=0afe8e97dc45110fe1f2cc5d2b1bb23ee13b9a38", 'https://www.reddit.com/r/theta_network/comments/o573jy/just_a_friendly_reminder_on_the_wyckoff/', 'o573jy', [['u/Tometoshi69', 11, '2021-06-22 00:20', 'https://www.reddit.com/r/theta_network/comments/o573jy/just_a_friendly_reminder_on_the_wyckoff/h2l65js/', 'Looks like 🚀🚀🚀 potential', 'o573jy'], ['u/RStephen4', 10, '2021-06-22 00:47', 'https://www.reddit.com/r/theta_network/comments/o573jy/just_a_friendly_reminder_on_the_wyckoff/h2l99pp/', 'Pls be right. This is torture 🤣', 'o573jy'], ['u/WilliamBott', 10, '2021-06-22 01:32', 'https://www.reddit.com/r/theta_network/comments/o573jy/just_a_friendly_reminder_on_the_wyckoff/h2lecmi/', "This is, and is exactly as I predicted when Bitcoin plunged from $63k to around $30k. I said it would go down to around $30k and back up to around $40k but stay within that general range, and I've been exactly correct. Once the hedgies have accumulated enough, they will run it up (I figure around $75k) before selling it all off to crash it again.", 'o573jy']]], ['u/MoCityTripp', 'The dip', 10, '2021-06-22 00:27', 'https://www.reddit.com/r/CryptoCurrency/comments/o57cmz/the_dip/', 'So what are you guys buying during this dip? I feel like algo cardano and poly are at good prices. Those are the projects i believe in most. This may dip even harder but i honestly cannot pass up these coins at these particular prices. Thoughts? I think bitcoin bottoms at 30k again and we see another mini spike from there, but who knows at this point', 'https://www.reddit.com/r/CryptoCurrency/comments/o57cmz/the_dip/', 'o57cmz', [['u/iwillbeagodsoon', 45, '2021-06-22 00:29', 'https://www.reddit.com/r/CryptoCurrency/comments/o57cmz/the_dip/h2l7554/', "I'm buying drugs", 'o57cmz'], ['u/gateht', 24, '2021-06-22 00:30', 'https://www.reddit.com/r/CryptoCurrency/comments/o57cmz/the_dip/h2l7cq6/', 'Feels like trying to catch a falling knife, keeps getting lower.', 'o57cmz'], ['u/Ceeceefrom1992', 10, '2021-06-22 00:31', 'https://www.reddit.com/r/CryptoCurrency/comments/o57cmz/the_dip/h2l7fkj/', 'Hahahahahahhaahahahahhahahahaa you made my day', 'o57cmz'], ['u/xt6x', 25, '2021-06-22 00:36', 'https://www.reddit.com/r/CryptoCurrency/comments/o57cmz/the_dip/h2l80is/', 'You spelled ether wrong.', 'o57cmz']]], ['u/Helpful-Ad-9874', 'Just a suggestion….', 42, '2021-06-22 00:48', 'https://www.reddit.com/r/Telcoin/comments/o57rmy/just_a_suggestion/', '…. If, and only if, BTC drops under $30k, will you see a true sell off. At that point, it will be the equivalent of a stock market sell off….meaning an opportunity to buy so low you can ensure generational wealth.\n\nMy suggestion is to keep some money on the side and wait in the near term, perhaps even until August, to see what happens. If you keeps some fiat in reserve, you can always buy more and average down in the future, but if it truly crashes, you will be so happy you had cash ready to pounce.\n\nCheers and good luck peeps!', 'https://www.reddit.com/r/Telcoin/comments/o57rmy/just_a_suggestion/', 'o57rmy', [['u/gayang3', 10, '2021-06-22 06:38', 'https://www.reddit.com/r/Telcoin/comments/o57rmy/just_a_suggestion/h2mabmt/', "the cardinal rule in crypto... if **you think it can't go any lower... it will most probably go down another 50% from there.**", 'o57rmy']]], ['u/Scarrus', 'Everybody just grab a cup of coffee or tea or something and just chill', 43, '2021-06-22 00:48', 'https://www.reddit.com/r/Bitcoin/comments/o57s7q/everybody_just_grab_a_cup_of_coffee_or_tea_or/', "Bitcoin previously went from \\~1200$ in 2013 to \\~19'000$ in 2017. Both times after 4 years and at the end of those respective years. If the situation repeats, which it probably will, then by the end of this year we could see something like 300'000$. \n\n​\n\nJust chill, grab some tea or coffee and HODL.\n\nEverything is going to be fine.", 'https://www.reddit.com/r/Bitcoin/comments/o57s7q/everybody_just_grab_a_cup_of_coffee_or_tea_or/', 'o57s7q', [['u/Styx1213', 11, '2021-06-22 00:53', 'https://www.reddit.com/r/Bitcoin/comments/o57s7q/everybody_just_grab_a_cup_of_coffee_or_tea_or/h2l9y5b/', '300k at the end of this year? lets make it 600k. If you want a puppy ask for a pony.', 'o57s7q']]], ['u/Servletless', 'price prediction through 2023 and beyond', 20, '2021-06-22 00:49', 'https://www.reddit.com/r/Buttcoin/comments/o57skv/price_prediction_through_2023_and_beyond/', 'To mourn BTC crashing through a Power Of Two today (2\\^15 = 32,768), and having observed that crypt0 prices tend to fall by 50% every 65 days, and because I just learned how to use Excel, I put together this handy table you can use for quick reference for where bitcoin could be trading at by a certain date:\n\n​\n\nhttps://preview.redd.it/72uz42y27p671.png?width=360&format=png&auto=webp&s=120b79fdc29369150112deddcaa2ea636af3a755', 'https://www.reddit.com/r/Buttcoin/comments/o57skv/price_prediction_through_2023_and_beyond/', 'o57skv', [['u/tomw2308', 10, '2021-06-22 01:19', 'https://www.reddit.com/r/Buttcoin/comments/o57skv/price_prediction_through_2023_and_beyond/h2lcwmf/', 'wow. in 2024, 1 btc = 1 usdt', 'o57skv'], ['u/Servletless', 25, '2021-06-22 02:36', 'https://www.reddit.com/r/Buttcoin/comments/o57skv/price_prediction_through_2023_and_beyond/h2llgay/', 'If the coiners can assume it only goes up, why can’t I assume it only goes down? It’s only fair.', 'o57skv'], ['u/IIdsandsII', 10, '2021-06-22 03:15', 'https://www.... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
33723.03, 34662.44, 31637.78, 32186.28, 34649.64, 34434.34, 35867.78, 35040.84, 33572.12, 33897.05
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['Oil A surge in oil to a near three-year high failed to boost London\x92s markets as economic data showed inflation pressures hit record levels this month. Another drop in crude inventories helped boost oil. Brent oil prices topped $75 a barrel, helped also by reopening economies which are set to drive fuel demand higher. Some analysts say hitting $80 a barrel for crude is increasingly possible. \x93Yet another drop in US crude stockpiles pushes Brent and WTI to new multiyear highs. Predictions of the demise of oil, and of oil demand, have been wildly premature, and rebounding economies seemingly cannot get enough of the commodity,\x94 said Chris Beauchamp, chief market analyst at IG. \x93This should continue to provide a foundation for further crude oil gains this year, although a correction of some sort is wildly overdue.\x94 Gains pushed oil major Royal Dutch Shell to near the top of the benchmark, adding 21.6p to £14.22, while peer BP also gained. It wasn\x92t enough, however, to buoy the top two indices as the pound crept higher and inflation concerns lingered. The FTSE 100 ended down 15.95 points at 7,074.06 and the FTSE 250 lost 20.22 points to close at 22,659.42. Sterling closed in on a three-month high against the euro by market close, and was within touching distance of $1.40. The preliminary reading of the IHS Markit/CIPS UK Composite Purchasing Managers\x92 Index (PMI) \x96 a closely watched survey \x96 pointed to one of the strongest monthly improvements in business activity since 1998, with a reading of 61.7 \x96 not far off May\x92s unprecedented 62.9. \x93The latest flash PMI figures set the tone ahead of tomorrow\'s interest rate decision by the Bank of England,\x94 said Danni Hewson, analyst at AJ Bell. \x93All those cost pressures will work their way through and signal an uncomfortably bumpy period where inflation will continue on its upward trajectory.\x94 Among companies, leading high-end housebuilder Berkeley Homes lost 21p to £46.19 after it warned that London housing will continue to be under-supplied in years to come with the capital nowhere near meeting the target number of completions to deal with current shortages. Chief executive Rob Perrins did, however, shrug off concerns there would be lasting damage to London from coronavirus, saying it remained committed to the capital. Story continues It came as Berkeley recorded pre-tax profits of £518m for the year through April, a 2.9pc increase on the year before. Revenue increased 14.7pc to £2.2bn as its average selling price in London and the South East came in £100,000 higher than the previous year, at £770,000. Fellow housebuilders also dropped with Taylor Wimpey, Barratt Development and Persimmon among the worst performers on the FTSE 100. Elsewhere, Phoenix Group was a key drag on the top flight after the insurance firm confirmed to investors that reinsurance specialist Swiss Re had sold its 6.6pc stake in a £437m move. Shares dropped 17.6p to 676p. 05:10 PM Wrapping up That is all from us today - here are some of our top stories: GSK to slash dividend and spin off consumer division in radical shake-up Warren Buffett resigns from Bill and Melinda Gates Foundation JP Morgan boss snubs London on European trip over quarantine rules Events industry begs for relief from Covid restrictions TV producers warn Channel 4 sale will scupper pandemic recovery Thank you for following and do join again tomorrow. 05:05 PM France overturns ruling that stores can\'t legally sell CBD France\'s highest appeals court has overturned a ruling that stores in the country can\'t legally sell cannabidiol (CBD), a non-psychotic compound related to cannabis that is being researched for a variety of medical applications. The Cour de cassation ruled that judges could not find the sale of CBD in France illegal if it had been legally produced in a member state of the bloc, based on the free trade of goods within the EU. It said that the Court of Justice of the EU last year ruled that no national law can prohibit the sale of CBD legally produced in a member state. "Without considering whether the substances seized had not been legally produced in another member state of the European Union, the court failed to provide a basis for its decision," it said, referring to a ruling of a lower appeals court. 04:50 PM BoE vows crack down on foreign takeovers of lenders Sam Woods The Bank of England is seeking to change EU-era rules to make it easier to block attempts to take control of banks. My colleague Tim Wallace reports: Sam Woods, deputy governor at the Bank, said currently regulators have to prove a new owner is not right for the job. He wants to go back to the system from before the EU changed the rules in 2009 so officials can reject a change of control unless the applicant satisfies the authorities that they are suitable. \x93That was done in an EU context because they were concerned about national regulators frustrating cross-border activity for non-prudential reasons. Now we are out of the EU we don\x92t need to worry about that point any more and it would be a good thing to make that change,\x94 he told the Treasury Select Committee. \x93It would strengthen our arm and strengthen the culture around how these \x91change of control\x92 decisions are made. The current [system] is less conducive to a really robust approach.\x94 He is asking the Treasury and Parliament to consider \x93a very simple change\x94 to the rules. The topic came up after Sanjeev Gupta took control of Wyelands Bank in 2016. In March 2021 Wyelands repaid all of its depositors on Bank of England orders as the regulator found it weighed down with bad debts. 04:38 PM Record profits for independent oil producers in 2021 - report In more oil news, a report by Oslo-based consultancy Rystad Energy has predicted that the world\'s publicly traded independent oil producers will make record profits this year. That means they would surpass the levels reached when crude hit an all-time high of near $150 a barrel more than a decade ago. Bloomberg has more on the report: Combined free cash flow from the sector is expected to surge to $348bn (£249bn), beating the previous high of $311bn in 2008. US shale is key, with the industry expected to reverse years of losses in 2021 and make \x93super profits\x94 of nearly $60bn of free cash flow before hedges. Surging oil prices will add to producers\x92 revenue, but profits will be super-charged by constrained capital spending on new output. This is the opposite of previous cycles, when crude rallies prompted companies to spend heavily on exploration and production in search of fresh supplies. 04:22 PM Oil jumps above $75 as global travel restrictions ease Another drop in crude inventories has boosted oil today, with brent crude prices topping $75 a barrel - a near three-year high. It comes as as reopening economies are set to drive fuel demand higher. Some analysts say hitting $80 a barrel for crude is increasingly possible. "Yet another drop in US crude stockpiles pushes Brent and WTI to new multi-year highs. Predictions of the demise of oil, and of oil demand, have been wildly premature, and rebounding economies seemingly cannot get enough of the commodity," said Chris Beauchamp, chief market analyst at IG. "This should continue to provide a foundation for further crude oil gains this year, although a correction of some sort is wildly overdue." The gains pushed oil major Royal Dutch Shell to near the top of the FTSE 100, while BP also gained. 03:55 PM FTSE closes down The FTSE 100 has closed down 0.22pc at 7,074.06. In the US, the Nasdaq continues to trade up having touched an intraday high earlier; the Dow and the S&P are flat. 03:34 PM Lego eyes recycled bricks Lego Group has unveiled a prototype building block from sustainable materials as part of the toymaker\x92s plans to wean itself off oil-based plastic. Lego said it used recycled plastic from discarded bottles, after testing more than 250 variations of sustainable plastic material over three years. On average, a one-liter plastic PET bottle provides enough raw material for 10 standard-sized bricks, the Danish company said. Lego\'s materials and safety testing labs in Billund Lego has so far set aside about $400m to go green and is working on finding sustainable materials for the almost 100,000 tons of plastic bricks it produces each year. Finding recycled material that meets quality and safety requirements has been difficult, Lego said. The prototype meets those demands as well as so-called \x93clutch power\x94 a key ability for the building bricks. 03:16 PM \'GSK is one of Britain\'s crown jewels\' Our chief City commentator Ben Marlow has weighed in on GSK\'s plans for the future. The British pharmaceutical giant is under pressure from activist investor Elliott - but Ben argues the company should stand its ground: On the face of it, GSK boss Dame Emma Walmsley was vulnerable to an attack - the company\x92s share price has weakened during her four years in charge amid doubts about her strategy and its drug pipeline, and GSK has suffered the ignominy of lagging rivals including AstraZeneca in the Covid vaccine race. Wednesday\x92s long-awaited investor day was her chance to get on the front foot and convince sceptical shareholders that she is the right person for the job. After weeks of building up her defences, Walmsley came out fighting. You can read his full column here . 03:05 PM Barclays chief less worried about bad loans Barclays chief executive Jes Staley has been speaking to Bloomberg. He says the bank is increasingly optimistic about the multibillion-dollar loan books it feared could sour because of the pandemic. \x93Concerns around impairment will come down quite a bit,\x94 Mr Staley said in an interview at Bloomberg\x92s Qatar Economic Forum broadcast. \x93We have a very large impairment reserve as we were very conservative last year and, given what we see right now with the economy, that gives **Last 60 Days of Bitcoin's Closing Prices:** [50050.87, 49004.25, 54021.75, 55033.12, 54824.70, 53555.11, 57750.18, 57828.05, 56631.08, 57200.29, 53333.54, 57424.01, 56396.52, 57356.40, 58803.78, 58232.32, 55859.80, 56704.57, 49150.54, 49716.19, 49880.54, 46760.19, 46456.06, 43537.51, 42909.40, 37002.44, 40782.74, 37304.69, 37536.63, 34770.58, 38705.98, 38402.22, 39294.20, 38436.97, 35697.61, 34616.07, 35678.13, 37332.86, 36684.93, 37575.18, 39208.77, 36894.41, 35551.96, 35862.38, 33560.71, 33472.63, 37345.12, 36702.60, 37334.40, 35552.52, 39097.86, 40218.48, 40406.27, 38347.06, 38053.50, 35787.25, 35615.87, 35698.30, 31676.69, 32505.66] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2021-06-23 **Financial & Commodity Data:** - Gold Closing Price: $1782.30 - Crude Oil Closing Price: $73.08 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $607,848,072,169 - Hash Rate: 100077306.0600669 - Transaction Count: 232704.0 - Unique Addresses: 598493.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.14 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: El Salvador’sbitcoinbill, which would require businesses to accept payment in the cryptocurrency, is close to approval by the legislature late Tuesday. The bill,proposed by El Salvador President Nayib Bukele, will treat bitcoin as legal tender, alongside the U.S. dollar, if adopted by Congress and passed into law, according to a Google translation. Bukele announced his intention to launch the bill on Saturday at the Bitcoin Miami conference with Strike founder Jack Mallers. “In order to promote the economic growth of the country, it is necessary to authorize the circulation of a digital currency whose value obeys exclusively free market criteria, in order to increase national wealth for the benefit of the greatest number of inhabitants,” the bill said. Related:Bitcoin Jumps Most in 2 Weeks to $36K After El Salvador Passes Currency Law Under the provisions of the bill: • Goods may be priced in bitcoin • Taxes may be paid in bitcoin • Bitcoin transactions will not face a capital gains tax • The U.S. dollar will remain the reference currency for the bitcoin price • Bitcoin must be accepted as a form of payment by “every economic agent” • The government will “provide alternatives” to enable crypto transactions. The bill noted that 70% of El Salvador’s population lacks access to financial services and said the federal government will “promote the necessary training and mechanisms” to allow the population access to the cryptocurrency. The government will also create a trust at the Development Bank of El Salvador, which will enable the “instantaneous convertibility of bitcoin to dollar,” the bill said. “[It] is the obligation of the state to facilitate the financial inclusion of its citizens in order to better guarantee their rights,” the bill said. Related:It’s Official: El Salvador’s Legislature Votes to Adopt Bitcoin as Legal Tender The bill was expected to easily pass through the legislature, after Bukele’s New Ideas party and allies won asupermajorityin the Congress earlier this year. Indeed, itreceived 60out of a possible 84 votes within hours of being introduced. Late Tuesday, the finance commission of the legislative assembly granted a favorable opinion toward the bill. Under the provisions of the bill, it will take effect in 90 days. Read the full text below: UPDATE (JUne 9, 2021, 04:30 UTC):Corrected a translation error in the sixth paragraph. The bill would create a trust at the development bank, not the bank itself, which already exists. Adds a favorable opinion from the finance commission. Corrects the bill did not fully pass through the legislature. • El Salvador Residents Are Split on Bitcoin Adoption Bill • El Salvador Adopts Bitcoin: Hype or History in the Making?... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
34662.44, 31637.78, 32186.28, 34649.64, 34434.34, 35867.78, 35040.84, 33572.12, 33897.05, 34668.55
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['On the eve of New York City’s mayoral race on Tuesday, Democratic front runner Eric Adams has given a brief endorsement of the world’s largest cryptocurrency.\n“I’m going to promise you in one year … you’re going to see a different city,”saidAdams. “We’re going to become the center of life science, the center of cybersecurity, the center of self driving cars, drones, the center of bitcoins.”\nAdams, who leads his party rivals in every borough across the city with the exception of Manhattan, has campaigned on promises to fight the city’s crime and promote its economic prosperity. He has managed to unite vast swathes of Black and Latino voters.\nRelated:Examine Blockchain for Ways to Stop Forced-Labor Goods, Australian Committee Says\nSee also:Republican House Campaign Arm to Accept Donations in Crypto\nAdams currently holds a lead of 75,000 votes ahead of his closest rival, Maya Wiley, according to aNew York Times reporton Wednesday.\nFormer Democratic presidential candidate Andrew Yang, a longtimebitcoinproponent and cryptocurrency advocate, dropped out of the mayoral race in its earlier stages, acruing only11.7% of total votes.\n• Republican House Campaign Arm to Accept Donations in Crypto\n• New York Crypto Mining Bill Dies in Assembly After Passing State Senate\n• The Empire Strikes Back: Inflation Hits 5% While Elizabeth Warren Goes After Bitcoin', 'On the eve of New York City\x92s mayoral race on Tuesday, Democratic front runner Eric Adams has given a brief endorsement of the world\x92s largest cryptocurrency. \x93I\x92m going to promise you in one year \x85 you\x92re going to see a different city,\x94 said Adams. \x93We\x92re going to become the center of life science, the center of cybersecurity, the center of self driving cars, drones, the center of bitcoins.\x94 Adams, who leads his party rivals in every borough across the city with the exception of Manhattan, has campaigned on promises to fight the city\x92s crime and promote its economic prosperity. He has managed to unite vast swathes of Black and Latino voters. Related: Examine Blockchain for Ways to Stop Forced-Labor Goods, Australian Committee Says See also: Republican House Campaign Arm to Accept Donations in Crypto Adams currently holds a lead of 75,000 votes ahead of his closest rival, Maya Wiley, according to a New York Times report on Wednesday. Former Democratic presidential candidate Andrew Yang, a longtime bitcoin proponent and cryptocurrency advocate, dropped out of the mayoral race in its earlier stages, acruing only 11.7% of total votes . Related Stories Republican House Campaign Arm to Accept Donations in Crypto New York Crypto Mining Bill Dies in Assembly After Passing State Senate The Empire Strikes Back: Inflation Hits 5% While Elizabeth Warren Goes After Bitcoin View comments', 'On the eve of New York City’s mayoral race on Tuesday, Democratic front runner Eric Adams has given a brief endorsement of the world’s largest cryptocurrency.\n“I’m going to promise you in one year … you’re going to see a different city,”saidAdams. “We’re going to become the center of life science, the center of cybersecurity, the center of self driving cars, drones, the center of bitcoins.”\nAdams, who leads his party rivals in every borough across the city with the exception of Manhattan, has campaigned on promises to fight the city’s crime and promote its economic prosperity. He has managed to unite vast swathes of Black and Latino voters.\nRelated:Examine Blockchain for Ways to Stop Forced-Labor Goods, Australian Committee Says\nSee also:Republican House Campaign Arm to Accept Donations in Crypto\nAdams currently holds a lead of 75,000 votes ahead of his closest rival, Maya Wiley, according to aNew York Times reporton Wednesday.\nFormer Democratic presidential candidate Andrew Yang, a longtimebitcoinproponent and cryptocurrency advocate, dropped out of the mayoral race in its earlier stages, acruing only11.7% of total votes.\n• Republican House Campaign Arm to Accept Donations in Crypto\n• New York Crypto Mining Bill Dies in Assembly After Passing State Senate\n• The Empire Strikes Back: Inflation Hits 5% While Elizabeth Warren Goes After Bitcoin', 'Bitmain has decided to hit the brakes on sales of its crypto mining rigs in a bid to shore up prices adversely affected by the outcome of China’s actions against local miners.\nAccording to areport by Bloombergon Wednesday, the Beijing mining giant’s decision comes as top-tier rigs have shed their value by about 75% since April.\nDelaying further sales could be seen as a way for Bitmain to shield both itself and mining clients from falling prices.\nRelated:Huobi’s New US Affiliate Set to Go Live Next Month\nThe decreases in value can be closely tied to an oversaturation of used machines being dumped on local markets across China following the country’s swift and decisiveanti-crypto crackdown.\nSee also:Bitmain Accused of Illegally Hiring Engineering Talent in Taiwan\nIndeed, China’s attempts to stamp out cryptocurrency mining in hydro-rich provinces throughout the country has forced many to seek shelter in neighbouring countries, includingKazakhstan.\nOn Tuesday, the China’s central bankorderedthe country’s major financial institutions to stop facilitating crypto transactions, which sawbitcoin and other cryptocurrencyfall, ending a four-week-long consolidation period.\n• Ant Group Says NFTs Are Not Cryptocurrencies After Digital Artwork Sells Out\n• Market Wrap: Bitcoin Nudges Up as Regulatory Risks Linger\n• Huobi’s Tighter Derivatives Rules Leave Chinese Traders Scrambling for Alternatives', 'Bitmain has decided to hit the brakes on sales of its crypto mining rigs in a bid to shore up prices adversely affected by the outcome of China\x92s actions against local miners. According to a report by Bloomberg on Wednesday, the Beijing mining giant\x92s decision comes as top-tier rigs have shed their value by about 75% since April. Delaying further sales could be seen as a way for Bitmain to shield both itself and mining clients from falling prices. Related: Huobi’s New US Affiliate Set to Go Live Next Month The decreases in value can be closely tied to an oversaturation of used machines being dumped on local markets across China following the country\x92s swift and decisive anti-crypto crackdown . See also: Bitmain Accused of Illegally Hiring Engineering Talent in Taiwan Indeed, China\x92s attempts to stamp out cryptocurrency mining in hydro-rich provinces throughout the country has forced many to seek shelter in neighbouring countries, including Kazakhstan . On Tuesday, the China\x92s central bank ordered the country\x92s major financial institutions to stop facilitating crypto transactions, which saw bitcoin and other cryptocurrency fall, ending a four-week-long consolidation period. Related Stories Ant Group Says NFTs Are Not Cryptocurrencies After Digital Artwork Sells Out Market Wrap: Bitcoin Nudges Up as Regulatory Risks Linger Huobi\x92s Tighter Derivatives Rules Leave Chinese Traders Scrambling for Alternatives', 'The founders of South Africa-based crypto investment firm Africrypt have disappeared along with 69,000 bitcoins – worth an estimated $3.6 billion – according to areportfrom Bloomberg on Wednesday.\nIn mid-April, Africrypt’s investors were sent an email claiming the platform was shutting down and freezing all accounts following a hack that compromised client accounts, wallets and nodes. Investors were reportedly asked not to report the hack to law enforcement, which the founders claimed would slow the recovery process.\nHowever, shortly after the so-called hack, Africrypt’s founders – 20-year-old Ameer Cajee and 17-year-old Raees Cajee – allegedly transferred the pooled investor funds from an account at Johannesburg-based First National Bank (FNB) and disappeared to the U.K.\nRelated:Market Wrap: Bitcoin Nudges Up as Regulatory Risks Linger\nSince freezing the accounts, the Cajee brothers apparently shuttered Africrypt’s website and have not returned investors’ calls.\nThe incident follows closely after the South African Mirror Trading International (MTI) crypto scam, which defrauded investors of over $589 million, according to Chainalysis’ “2021 Crypto CrimeReport.” Crypto scams are nothing new, but Africrypt could rank as one of the largest crypto cons in history.\nHanekom Attorneys, the Cape Town-based law firm hired by some of AfriCrypt’s investors, told Bloomberg the funds were put through a variety of tumblers and mixers, making them virtually untraceable. The lawyers also said various global exchanges have been alerted about the alleged theft so they can keep an eye out for any attempts to convert thebitcoins.\nA separate group of investors have started liquidation proceedings against Africrypt.\nRelated:South African Banks Block Crypto Trading on International Exchanges: Report\nThe alleged crime has been reported to the Hawks, a speciality division of the South African police force that deals with organized and economic crime.\nHowever, the government’s ability to investigate the matter is constrained by the lack of regulatory framework on digital assets in South Africa, which does not consider cryptocurrencies a financial product.\n• Bybit Becomes Latest Crypto Platform to Be Targeted by Canadian Securities Regulator\n• UK Bank TSB Set to Ban Crypto Buying Due to E-Wallet Scam Concerns: Report', 'The founders of South Africa-based crypto investment firm Africrypt have disappeared along with 69,000 bitcoins – worth an estimated $3.6 billion – according to a report from Bloomberg on Wednesday. In mid-April, Africrypt’s investors were sent an email claiming the platform was shutting down and freezing all accounts following a hack that compromised client accounts, wallets and nodes. Investors were reportedly asked not to report the hack to law enforcement, which the founders claimed would slow the recovery process. However, shortly after the so-called hack, Africrypt’s foun **Last 60 Days of Bitcoin's Closing Prices:** [49004.25, 54021.75, 55033.12, 54824.70, 53555.11, 57750.18, 57828.05, 56631.08, 57200.29, 53333.54, 57424.01, 56396.52, 57356.40, 58803.78, 58232.32, 55859.80, 56704.57, 49150.54, 49716.19, 49880.54, 46760.19, 46456.06, 43537.51, 42909.40, 37002.44, 40782.74, 37304.69, 37536.63, 34770.58, 38705.98, 38402.22, 39294.20, 38436.97, 35697.61, 34616.07, 35678.13, 37332.86, 36684.93, 37575.18, 39208.77, 36894.41, 35551.96, 35862.38, 33560.71, 33472.63, 37345.12, 36702.60, 37334.40, 35552.52, 39097.86, 40218.48, 40406.27, 38347.06, 38053.50, 35787.25, 35615.87, 35698.30, 31676.69, 32505.66, 33723.03] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2021-06-24 **Financial & Commodity Data:** - Gold Closing Price: $1775.60 - Crude Oil Closing Price: $73.30 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $610,731,093,519 - Hash Rate: 104040763.72581212 - Transaction Count: 233278.0 - Unique Addresses: 594998.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.22 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: It’s Monday, May 31, Memorial Day, and time to commemorate the men and women whose profound sacrifices allow us to gather freely today. Let’s think of our fathers, mothers, uncles and aunts, cousins, brothers and sisters whose service to this country preserved our fragile freedoms. As we struggle in this era of deep national distrust and polarization, remember those who served were protecting Republicans and Democrats. They didn’t care if people watched “corporate media” or believed conspiracy theories. They didn’t measure their commitment by the color of their skin or their ethnic heritage. They were devoted to all of America’s people, and fought to protect the cacophony of its diverse and conflicting voices. As a gesture of gratitude, perhaps be kind to someone you disagree with today. WHAT WE’RE TALKING ABOUT Violence in Miami: Two people were killed and 20 wounded early Sunday morning in a shootout that began when three shooters wearing ski masks and hoodies sprayed bullets at a crowd gathered for a rap album release concert in Northwest Miami-Dade. Police said it was the worst mass shooting in the county in recent memory and punctuated a year of increasing alarm over a rise in shootings during the COVID-19 pandemic. Three of those injured are in critical condition, according to police. Two killed, up to 25 injured in mass shooting: Miami-Dade police Miami-Dade police are investigating a mass shooting at a concert that has killed two people and injured 20 to 25 others in unincorporated Northwest Miami-Dade. Targeting gun violence: Miami-Dade County elected leaders plan to spend millions of dollars this summer targeting gun violence . The money will come from a naming-rights deal the county secured at the Miami Heat’s county-owned arena. On Sunday, Mayor Daniella Levine Cava said her “Peace and Prosperity” plan was still being updated as the administration awaits a commission vote. She said to expect more funding for police analysts to monitor social media and an expansion of the county’s existing surveillance camera program. Unemployment payments end: Florida’s unemployment agency announced last week that it would stop jobless Floridians from receiving an additional $300 in federal weekly benefits starting the week of June 27. The federal program, which was set to end in September, has been giving jobless Floridians an additional $300 in weekly benefits on top of eligible state benefits, which top out at $275 per week, one of the lowest rates in the nation. But the Department of Economic Opportunity announced it would end the program early because companies have been experiencing labor shortages in the wake of the pandemic. Florida’s congressional Democrats sent DeSantis a letter last week criticizing the move and noting that anyone receiving the benefits has to show they are searching for work. Story continues A student at William Lehman Elementary School has tested positive for COVID-19, school district officials said on Thursday, Oct. 8, 2020. The Kendall school reopened its classrooms to students earlier that week. Reprimand over COVID transparency: A national accrediting organization slapped the Florida Department of Health for its data transparency. The reprimand came May 17, eight months after a Broward parent complained in October that DOH was not providing “accurate records regarding COVID-19 infection rates in schools” and issued incomplete data. During the course of the investigation, the accrediting board noted an improvement in the public reporting of school-related case data. (See our transparency timeline for context.) By the conclusion of the investigation, the board issued its gentlest reprimand, saying that while the health department was generally in line with accreditation standards, it should have done a better job sharing the data it had with the public. Jones granted whistleblower status: The Department of Health’s Chief Inspector General Michael J. Bennett has granted whistleblower status to Rebekah Jones who was fired from the agency a year ago after raising concerns about “misleading data” being presented to the public. Jones’ complaint demonstrates “reasonable cause to suspect that an employee or agent of an agency or independent contractor has violated any federal, state or local law, rule or regulation,’’ Bennett wrote. But Taryn Fenske, the DeSantis administration’s communications director noted: “Whistleblower status doesn’t substantiate any claims. It simply provides confidentiality, and means someone made a complaint.” Salemi trusts DOH data: Meanwhile, University of South Florida epidemiologist Jason Salemi who publishes a COVID dashboard released a video last week, explaining that he doesn’t have access to the raw data at the Department of Health, but he vets DOH data and trusts it. “I don’t really know the truth,’’ he says but he vets what he uses. He notes how Florida’s pediatric hospitalizations as presented by DOH initially didn’t make sense and asked the agency to correct it and they did. He uses data from several sources on his dashboard, including DOH, and tries to present it in a meaningful way. “If I really thought there was a problem, I would immediately not present that data.” Just as important, he said, is putting the data in its proper context. No masks outdoors: Miami-Dade County Public Schools students will no longer need to wear masks while doing outside activities for the rest of the school year, which ends in two weeks, the school district announced in a tweet on Saturday. The change in policy follows an agreement reached with the United Teachers of Dade. Marijuana law withstands challenge: The Florida Supreme Court issued a long-awaited ruling that found Florida’s regulation of the fledgling medical marijuana industry are constitutional. Florigrown, the Tampa company which was denied a license to become a medical marijuana treatment center, argued that the barriers to entry violating the 2016 constitutional amendment authorizing marijuana in Florida for medical use. WHAT WE’RE WATCHING Welcome cryptophiles: This week Miami will host what may be the largest cryptocurrency conference the world has ever seen. Organizers are expecting as many as 50,000 to descend on the county for Bitcoin 2021. Headliners include Twitter CEO Jack Dorsey, legendary pro skater Tony Hawk and a cavalcade of crypto gurus. Kicking off Thursday, the event is already sold out. Big Tech crackdown: Florida became the first state to make it harder for social media companies to punish users who spread misinformation or remove political candidates that violate their rules. Gov. Ron DeSantis signed the legislation last week which also makes it easier for Florida’s attorney general and individuals to sue “big tech.” A problem with enforcement: DeSantis is attracting national attention with the new law, including the part that requires the Florida Elections Commission to impose fines of $250,000 for any platform that kicks off a candidate for violating its rules, as they did the former president. But, it turns out, the 9-member elections commission won’t be able to do that. There are five vacancies on the board because the governor has failed to appoint members. By law, the elections commission is supposed to have five Republicans and four Democrats. Right now, it is comprised of three Democrats and one Republican, with four of the five empty seats belonging to the GOP. Apparently this is not a new problem. “This administration is much, much slower in making appointments,” Ed Tellechea, an assistant attorney general who provides legal advice to the elections commission, told the Sun-Sentinel. He said vacancies are also a problem with the Department of Health and boards that regulate professions. Condoning excessive force: Video proof emerged this week that an inmate being transferred to the Charlotte Correctional Institution was repeatedly slammed onto the pavement and gang-tackled by five Department of Corrections officers while he was restrained in leg shackles and handcuffs. The leaked video obtained by the Miami Herald was reviewed by the agency’s Inspector General who concluded no rules were violated. It is the latest evidence that the Florida Department of Corrections condones excessive force against inmates and appears to allow the inaccurate reporting of those incidents by prison staff. The agency never allows the footage to be seen by the public or reviewed by independent watchdogs. Legislators speak out: In response to the report, South Florida state Sens. Jason Pizzo and Shevrin Jones joined Orlando House Rep. Dianne Hart called for structural changes and an end to abusive behavior in the state’s prison system. As in most states, Florida’s prison officials investigate much of their own alleged misconduct. Celebrity Edge cruise ship blocks the view of the Miami skyline while arriving at PortMiami in the early morning on Thursday August 6, 2020. Cruises clash: The U.S. Centers for Disease Control and Prevention gave the green light to Royal Caribbean Group to operate the first passenger cruise from Fort Lauderdale in June. But the decision is moving headlong into a conflict with the governor. The CDC recommends all cruise passengers be vaccinated , but doesn’t require it. The agency has given cruise companies two options: meet vaccination thresholds of 98% of crew and 95% of passengers on the ship and start revenue cruises immediately, or forego the thresholds and first perform test cruises to ensure COVID protocols are working. The governor has signed into law legislation that prevents cruise companies from asking passengers for proof of vaccination . The law takes effect July 1. Get vaccinated in your bathing suit: In the race to vaccinate as many Americans as possible, it has come to this: You can now get a COVID-19 shot while wearing your Speedo. In an effort to boost the number of Florida residents to get the COVID-19 vaccine, counties have turned to enticing people by offer... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
31637.78, 32186.28, 34649.64, 34434.34, 35867.78, 35040.84, 33572.12, 33897.05, 34668.55, 35287.78
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['Bitcoin , BTC to USD, rose by 2.87% on Thursday. Following a 3.44% gain on Wednesday, Bitcoin ended the day at $34,665.0. A mixed start to the day saw Bitcoin fall to an early morning intraday low $32,343.0 before making a move. Steering clear of the first major support level at $32,061, Bitcoin rallied to a late intraday high $35,290.0. Bitcoin broke through the first major resistance level at $35,049 before falling back to sub-$35,000 levels. The near-term bullish trend remained intact in spite of the latest slide back to sub-$30,000 levels. For the bears, Bitcoin would need a sustained fall through the 62% FIB of $27,237 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was a mixed day for the majors on Thursday. Polkadot fell by 0.26% to buck the trend on the day. It was a bullish day for the rest of the majors, however. Cardano’s ADA rallied by 8.74% to lead the way, with Bitcoin Cash SV (+6.08) close behind. Binance Coin (+4.16%), Chainlink (+3.41%), Crypto.com Coin (+5.37%), Litecoin (+4.11%), and Ripple’s XRP (+4.65%) also made solid gains. Ethereum trailed the pack, however, rising by a more modest 1.04% on the day. In the current week, the crypto total market rose to a Monday high $1,488bn before falling to a Tuesday low $1,129bn. At the time of writing, the total market cap stood at $1,381bn. Bitcoin’s dominance fell to a Monday low 45.03% before rising to a Wednesday high 48.28%. At the time of writing, Bitcoin’s dominance stood at 47.17%. This Morning At the time of writing, Bitcoin was up by 0.30% to $34,768.0. A bullish start to the day saw Bitcoin rise from an early morning low $34,652.0 to a high $34,927.0. Bitcoin left the major support and resistance levels untested early on. Elsewhere, it was a bullish start to the day. At the time of writing, Crypto.com Coin was up by 2.96% to lead the way. For the Bitcoin Day Ahead Bitcoin would need to avoid the $34,099 pivot to bring the first major resistance level at $35,856 into play. Story continues Support from the broader market would be needed for Bitcoin to break out from Thursday’s high $35,290.0 levels. Barring a broad-based crypto rebound, the first major resistance level and resistance at $36,000 would likely cap any upside. In the event of an extended crypto rally, Bitcoin could test resistance at $38,000 before any pullback. The second major resistance level sits at $37,046. A fall through the $34,099 pivot would bring the first major support level at $32,909 into play. Barring an extended sell-off on the day, Bitcoin should steer clear of the second major support level at $31,152. This article was originally posted on FX Empire More From FXEMPIRE: Silver Price Prediction – Prices Rise but Remain Capped Today’s Market Wrap Up and a Glimpse Into Friday Crude Oil Price Forecast – Crude Oil Markets Continue to Favor Upside Ethereum: The Run to $9000 Was Delayed. Get Ready for the Next Try USD/INR: Rupee Opens On Flat Note; Depreciation Risk Remains High The Crypto Daily – Movers and Shakers – June 25th, 2021', 'Bitcoin , BTC to USD, rose by 2.87% on Thursday. Following a 3.44% gain on Wednesday, Bitcoin ended the day at $34,665.0. A mixed start to the day saw Bitcoin fall to an early morning intraday low $32,343.0 before making a move. Steering clear of the first major support level at $32,061, Bitcoin rallied to a late intraday high $35,290.0. Bitcoin broke through the first major resistance level at $35,049 before falling back to sub-$35,000 levels. The near-term bullish trend remained intact in spite of the latest slide back to sub-$30,000 levels. For the bears, Bitcoin would need a sustained fall through the 62% FIB of $27,237 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was a mixed day for the majors on Thursday. Polkadot fell by 0.26% to buck the trend on the day. It was a bullish day for the rest of the majors, however. Cardano’s ADA rallied by 8.74% to lead the way, with Bitcoin Cash SV (+6.08) close behind. Binance Coin (+4.16%), Chainlink (+3.41%), Crypto.com Coin (+5.37%), Litecoin (+4.11%), and Ripple’s XRP (+4.65%) also made solid gains. Ethereum trailed the pack, however, rising by a more modest 1.04% on the day. In the current week, the crypto total market rose to a Monday high $1,488bn before falling to a Tuesday low $1,129bn. At the time of writing, the total market cap stood at $1,381bn. Bitcoin’s dominance fell to a Monday low 45.03% before rising to a Wednesday high 48.28%. At the time of writing, Bitcoin’s dominance stood at 47.17%. This Morning At the time of writing, Bitcoin was up by 0.30% to $34,768.0. A bullish start to the day saw Bitcoin rise from an early morning low $34,652.0 to a high $34,927.0. Bitcoin left the major support and resistance levels untested early on. Elsewhere, it was a bullish start to the day. At the time of writing, Crypto.com Coin was up by 2.96% to lead the way. For the Bitcoin Day Ahead Bitcoin would need to avoid the $34,099 pivot to bring the first major resistance level at $35,856 into play. Story continues Support from the broader market would be needed for Bitcoin to break out from Thursday’s high $35,290.0 levels. Barring a broad-based crypto rebound, the first major resistance level and resistance at $36,000 would likely cap any upside. In the event of an extended crypto rally, Bitcoin could test resistance at $38,000 before any pullback. The second major resistance level sits at $37,046. A fall through the $34,099 pivot would bring the first major support level at $32,909 into play. Barring an extended sell-off on the day, Bitcoin should steer clear of the second major support level at $31,152. This article was originally posted on FX Empire More From FXEMPIRE: Silver Price Prediction – Prices Rise but Remain Capped Today’s Market Wrap Up and a Glimpse Into Friday Crude Oil Price Forecast – Crude Oil Markets Continue to Favor Upside Ethereum: The Run to $9000 Was Delayed. Get Ready for the Next Try USD/INR: Rupee Opens On Flat Note; Depreciation Risk Remains High The Crypto Daily – Movers and Shakers – June 25th, 2021', 'SAN SALVADOR, June 24 (Reuters) - Athena Bitcoin plans to invest over $1 million to install cryptocurrency ATMs in El Salvador, especially where residents receive remittances from abroad, a company representative said on Thursday.\nAccording to Athena Bitcoin\'s website you can use their ATMs to buy bitcoins or sell them for cash.\nThe firm expects to gradually install some 1,500 ATMs, hire staff and open an office to carry out operations in El Salvador, which in June became the first country to adopt bitcoin as legal tender. The move takes effect in September.\nEl Salvador\'s President Nayib Bukele "presented us with a tough challenge of 1,500 ATMs, we will go for that, but in phases. We are a private company and we want to ensure that our development in the country is sustainable," said the firm\'s director for Latin America Matias Goldenhörn.\nBukele has touted the cryptocurrency\'s potential as a remittance currency for Salvadorans overseas.\n"Initially we are going to bring dozens of machines, (we\'ll) test what the business model is like in El Salvador, which will probably be different than in the United States," Goldenhörn added.\nA year ago Athena installed its first cryptocurrency ATM in El Salvador\'s El Zonte beach, some 49 km (30 mi) southwest of capital San Salvador, as part of an experiment called Bitcoin Beach aimed at making the town one of the world\'s first bitcoin economies.\nThe World Bank has said it cannot assist El Salvador\'s bitcoin implementation given environmental and transparency drawbacks, and the International Monetary Fund has said it saw "macroeconomic, financial and legal issues" with the country\'s adoption of the cryptocurrency. (Reporting by Nelson Renteria; Writing by Anthony Esposito; Editing by David Gregorio)', 'Robinhood Markets LLC’s planned initial public offering (IPO) is reportedly facing delays in its bid to go public because of its growing cryptocurrency business. A report by Bloomberg on Thursday cites several people close to the matter who say the U.S. Securities and Exchange Commission have slowed plans for the stock trading app maker’s IPO . Robinhood had been aiming for a June listing after initially filing in March. The goal now is to list next month ahead of the July 4 holiday weekend. Yet, the timing could once again fall short and may slip into the autumn, according to the report, which cited a source wishing to remain anonymous because the matter was private. Robinhood has faced scrutiny from regulators this year who allege the site encourages the game-like nature of trading, especially when it comes to inexperienced retail traders. See also: Robinhood to Reveal IPO Filings as Early as Next Week: Report Related Stories SEC Delays Decision on Valkyrie Bitcoin ETF Security Token Market Shows Signs of Resurgence Paxos Adds Wedbush Securities in Quest for Same-Day Stock Settlement SEC Again Delays VanEck Bitcoin ETF Decision', 'Robinhood Markets LLC’s planned initial public offering (IPO) is reportedly facing delays in its bid to go public because of its growing cryptocurrency business.\n• Areportby Bloomberg on Thursday cites several people close to the matter who say the U.S. Securities and Exchange Commission have slowed plans for thestock trading app maker’s IPO.\n• Robinhood had been aiming for a June listing after initially filing in March. The goal now is to list next month ahead of the July 4 holiday weekend.\n• Yet, the timing could once again fall short and may slip into the autumn, according to the report, which cited a source wishing to remain anonymous because the matter was private.\n• Robinhood hasfaced scrutinyfrom regulators this year who allege the site encourages the game-like nature of trading, especially when it comes to inexperienced retail traders.\nSee also:Robinhood to Reveal IPO Filings as Early as Ne **Last 60 Days of Bitcoin's Closing Prices:** [54021.75, 55033.12, 54824.70, 53555.11, 57750.18, 57828.05, 56631.08, 57200.29, 53333.54, 57424.01, 56396.52, 57356.40, 58803.78, 58232.32, 55859.80, 56704.57, 49150.54, 49716.19, 49880.54, 46760.19, 46456.06, 43537.51, 42909.40, 37002.44, 40782.74, 37304.69, 37536.63, 34770.58, 38705.98, 38402.22, 39294.20, 38436.97, 35697.61, 34616.07, 35678.13, 37332.86, 36684.93, 37575.18, 39208.77, 36894.41, 35551.96, 35862.38, 33560.71, 33472.63, 37345.12, 36702.60, 37334.40, 35552.52, 39097.86, 40218.48, 40406.27, 38347.06, 38053.50, 35787.25, 35615.87, 35698.30, 31676.69, 32505.66, 33723.03, 34662.44] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2021-06-25 **Financial & Commodity Data:** - Gold Closing Price: $1776.60 - Crude Oil Closing Price: $74.05 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $642,318,005,881 - Hash Rate: 108995085.80799364 - Transaction Count: 218245.0 - Unique Addresses: 564091.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.27 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Traders Buy Stocks After Sell-Off S&P 500 futures are gaining ground in premarket trading as traders rush to buy stocks after the recent sell-off. The yield of 10-year Treasuries has recently made an attempt to settle below 1.36% but lost momentum and rebounded towards 1.44%. It looks that traders rushed to buy U.S. government bonds to increase exposure to safe-haven assets, but optimism prevailed, and yields moved higher. Meanwhile, the U.S. dollar is losing ground against a broad basket of currencies after the recent rally. Weaker dollar provided some support to precious metals so gold and silver are moving higher at the start of the week. Cryptocurrencies Dive Amid Crackdown In China China continued to put pressure on crypto mining and banned mining in Sichuan province. This move triggered a major sell-off in crypto markets. Bitcoin declined towards the support at $32,000 while Ethereum fell below the $2,000 level. Dogecoin was the biggest loser among major cryptocurrencies. Currently, it is trying to settle below the support at $0.2250. It looks that the recent flight to safety in global markets served as an important catalyst for the current downside move, and traders preferred “safer” alternatives to cryptocurrencies. It remains to be seen whether the current sell-off in crypto markets will have any notable impact on the stock market, but crypto-related stocks like MicroStrategy are under significant pressure in premarket trading. WTI Oil Moves Higher After Hardline Candidate Wins Iran Election WTI oil made an attempt to settle back above the $72 level after judge Ebrahim Raisi, who is under U.S. sanctions, won presidential election in Iran. Traders bet that Iran nuclear deal negotiations may get more challenging after Raisi’s victory.  However, traders may be using political developments in Iran as an excuse to buy oil at higher levels, while the strongest drivers behind the recent rally are the robust rebound of oil demand and the successful implementation of OPEC+ deal. For a look at all of today’s economic events, check out our economic calendar . This article was originally posted on FX Empire More From FXEMPIRE: Silver Price Forecast – Silver Markets Have Tested 200 Day EMA Gold Price Forecast – Gold Markets Recover Slightly on Monday Gold Price Prediction – Prices Rebound as the Dollar Eases GBP/JPY Price Forecast – British Pound Has Volatile Session USD/INR: Rupee Extends Losses, Slips 24 Paise USD/CAD Daily Forecast – Test Of Support At 1.2385 View comments... - Reddit Posts (Sample): [['u/Throwaway_lsdlove', 'Paid off my loan… feels good!', 73, '2021-06-25 00:41', 'https://www.reddit.com/r/Nexo/comments/o7amj0/paid_off_my_loan_feels_good/', 'Hello Reddit,\n\nI have been a long time holder in crypto. I bought at near all time highs in 2017 never once sold and continued to accumulate through out the years. Recently when btc was around ~64k range, for tax purposes and potential for further gains, I took a loan out of my crypto and paid off my vehicle and put a down payment on a (house-that was a hassle). I am very grateful to have been able to see enough gains to do that. \n\nPresently having lost 2/3 the value of my of my crypto portfolio. I would have nightmares about having my crypto liquidated over night. Not being able to move funds fast enough to cover my loan in time. I was checking prices every 5 minutes to make sure that I wouldn’t loose everything it’s been stressful. \n\nThis was none stop stress and ultimately I choose to sell some of my crypto to pay off the loan. I felt sick selling right now, but I think I’ll actually get some decent sleep tonight knowing my bags won’t disappear in the morning. \n\nThis is all a learning experience and I’m glad I get to still be invested in crypto and accumulate interest. Thanks for reading hope this helps out some people in similar positions. Take profits it feels good and as always don’t forget, Buy the dip/DCA when possible!', 'https://www.reddit.com/r/Nexo/comments/o7amj0/paid_off_my_loan_feels_good/', 'o7amj0', [['u/lAljax', 31, '2021-06-25 01:35', 'https://www.reddit.com/r/Nexo/comments/o7amj0/paid_off_my_loan_feels_good/h2xq60z/', "Congrats man, money is meant to bring peace of mind, if you're losing sleep over this, it's better to pay it off.", 'o7amj0'], ['u/shazvaz', 10, '2021-06-25 01:48', 'https://www.reddit.com/r/Nexo/comments/o7amj0/paid_off_my_loan_feels_good/h2xrlyc/', 'Everything you pay off and remove from the platform is that much less that can be bought up by short sellers. The squeeze is coming and the less liquidity they have when it comes time to cover the worse they will hurt.', 'o7amj0']]], ['u/olafthemanofsnow', 'The SEC file motion to quash deposition of William Hinman', 159, '2021-06-25 00:48', 'https://www.reddit.com/r/XRP/comments/o7arre/the_sec_file_motion_to_quash_deposition_of/', "I haven't had the chance to read the full motion but my understanding is that the SEC don't feel that deposing Hinman is relevant to the case.\n\nBut...\n\nWilliam H Hinman was the former director of finance at the SEC. He was ultimately the person who said that Ethereum and Bitcoin were currencies.\n\nWell if the SEC are saying that bitcoin is different to XRP then shouldn't we let Mr Hinman speak. (he would be under oath during a deposition).\n\nLet's find out why he thinks they are different. Why would the SEC not want to allow that?", 'https://www.reddit.com/r/XRP/comments/o7arre/the_sec_file_motion_to_quash_deposition_of/', 'o7arre', [['u/YETISPR', 55, '2021-06-25 00:58', 'https://www.reddit.com/r/XRP/comments/o7arre/the_sec_file_motion_to_quash_deposition_of/h2xm4en/', 'It really appears that Ripple is really putting pressure on the SEC…I guess they haven’t offered Ripple favourable terms yet. Wonder who they will go after next. I guess if there is no settlement incoming that Ripple can agree to, then the plan is to expose any questionable items to light.\n\nEdit: I’m starting to be confused by the SEC/Ripple case, who is on trial again?', 'o7arre'], ['u/Ultimatenub0049', 38, '2021-06-25 01:11', 'https://www.reddit.com/r/XRP/comments/o7arre/the_sec_file_motion_to_quash_deposition_of/h2xniyr/', 'The SEC is trash', 'o7arre'], ['u/Yardash', 40, '2021-06-25 01:33', 'https://www.reddit.com/r/XRP/comments/o7arre/the_sec_file_motion_to_quash_deposition_of/h2xpxlm/', "Ripple must have something on Hinman and the SEC is trying to block the deposition to effectively exclude the dirt from the case. \nI'm no lawologist but I feel like teh SEC has an uphill battle on this one", 'o7arre'], ['u/xer0h0ur', 11, '2021-06-25 02:15', 'https://www.reddit.com/r/XRP/comments/o7arre/the_sec_file_motion_to_quash_deposition_of/h2xujyw/', "IDK what information you guys have been following ever since lawyers began digging into Hinman and Clayton but from everything I've read so far, Hinman is the easier target because there is way more of a smoking gun with him than Clayton. I mean ultimately I'm only going by the information that has been made public so far. So I'm not surprised the target was actually Hinman and not Clayton to be deposed.", 'o7arre'], ['u/AutonomousAutomaton_', 19, '2021-06-25 02:30', 'https://www.reddit.com/r/XRP/comments/o7arre/the_sec_file_motion_to_quash_deposition_of/h2xwa3g/', 'Most obvious answer is bc putting Hinman under oath would be devastating to the SECs case. To understand lawfare I feel like you need to be Uber cynical and ruthlessly utilitarian with a healthy knack of guessing people’s motives (hint it’s almost always whatever is most self serving)', 'o7arre'], ['u/Josh-Lambo-Tudamoon', 11, '2021-06-25 02:38', 'https://www.reddit.com/r/XRP/comments/o7arre/the_sec_file_motion_to_quash_deposition_of/h2xx5ua/', ' 🧨 🎇💥 July 4 settlement', 'o7arre'], ['u/shooplewhoop', 16, '2021-06-25 03:07', 'https://www.reddit.com/r/XRP/comments/o7arre/the_sec_file_motion_to_quash_deposition_of/h2y0d8y/', 'Ethereum had an ICO no less, SEC was already on defense before, this is just comical now.', 'o7arre'], ['u/Josh-Lambo-Tudamoon', 11, '2021-06-25 04:12', 'https://www.reddit.com/r/XRP/comments/o7arre/the_sec_file_motion_to_quash_deposition_of/h2y7iav/', 'This judge does her best work on sundays.', 'o7arre'], ['u/DaNeeDaVeeDoh', 15, '2021-06-25 04:58', 'https://www.reddit.com/r/XRP/comments/o7arre/the_sec_file_motion_to_quash_deposition_of/h2ycp00/', 'Lol lawologist give me a good chuckle', 'o7arre'], ['u/randomly-generated', 24, '2021-06-25 05:34', 'https://www.reddit.com/r/XRP/comments/o7arre/the_sec_file_motion_to_quash_deposition_of/h2ygowz/', "My guess is everyone who is saying expect a settlement is wrong, just because people are always wrong. This probably takes forever and my guess is the judge will have an obvious correct decision to make in favor of Ripple, but to everyone's surprise rules in favor of the government because the government and courts are corrupt as fuck. Remember this post lol.", 'o7arre']]], ['u/smeagols-thong', '🚀SR-NSCC-2021-005 EXTENDED 45 days—Should go into effect by August 12, 2021🚀', 42, '2021-06-25 00:48', 'https://www.reddit.com/r/Superstonk/comments/o7arvn/srnscc2021005_extended_45_daysshould_go_into/', 'Alright apes, hold onto your helmets because SR-NSCC-2021-005 is the final infinity stone of regulations.\n\nEdit: To be clear, this IS NOT a catalyst for the MOASS. GME is it’s own MOASS🚀🌙 NO dates. MOASS can happen any time now! It’s just exciting to see that every other regulation from SRO’s have already been implemented and this is the final one.\n\nTitz so jacked\n\n🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀\n\n🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀\n\n​\n\nhttps://preview.redd.it/48xrs5r1qa771.jpg?width=350&format=pjpg&auto=webp&s=4052b6aa095a1b17aacb6a04502687beebc5c96b\n\n🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀\n\n🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀\n\n*The SEC has just given notice they are extending the 45-day time period for the proposed rule change SR-NSCC-2021-005.*\n\n**This means the SEC shall either approve the proposed rule change, disapprove the proposed rule change, or institute proceedings to determine whether the proposed rule change should be disapproved by** **THURSDAY, AUGUST 12, 2021.**\n\n​\n\nUpdate for the notice from the SEC can be found here:\n\n[https://www.sec.gov/rules/sro/nscc/2021/34-92250.pdf](https://www.sec.gov/rules/sro/nscc/2021/34-92250.pdf)\n\n​\n\nOfficial filing from SEC/NSCC can also be found here:\n\n[https://www.dtcc.com/-/media/Files/Downloads/legal/rule-filings/2021/NSCC/SR-NSCC-2021-005.pdf](https://www.dtcc.com/-/media/Files/Downloads/legal/rule-filings/2021/NSCC/SR-NSCC-2021-005.pdf)\n\n​\n\n**TA;DR**: [Here’s an awesome summary DD](https://www.reddit.com/r/GME/comments/mz9gjd/nscc2021005_has_been_signed_today_implementation/) written by [u/creakfast](https://www.reddit.com/user/creakfast/) on what the SR-NSCC-2021-005 means for the Smoove-brained 🦍:\n\n​\n\n**TL;DR**: The SR-NSCC-2021-005 increases the minimum fund deposit requirement for each participating member from $10,000 to $250,000 in cash deposit to cover for other members who default. This is a way for the NSCC/DTCC to cover their asses while also making institutions like SHITADEL pony up even more dough once they get a call from our beloved Marge and get liquidated from the MOASS. Since there are 3,440 members, (3,440x$250,000) this raises the total cash deposit to **$860,000,000**\n\n​\n\n[MOAR $$$](https://preview.redd.it/koifob45qa771.jpg?width=1920&format=pjpg&auto=webp&s=d17202277b286d7a370c8ae6f2da6d1b4bf49c9c)\n\n​\n\n[Anyone else smell what the ROCK is cookin? Smells like MOASS](https://preview.redd.it/9xbtcu17qa771.jpg?width=647&format=pjpg&auto=webp&s=177f85512adaa452464573aeb3c0d9106348cfc0)\n\n🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀\n\n🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀\n\nEdit: credit where credit is due', 'https://www.reddit.com/r/Superstonk/comments/o7arvn/srnscc2021005_extended_45_daysshould_go_into/', 'o7arvn', [['u/Ebkang173', 90, '2021-06-25 00:52', 'https://www.reddit.com/r/Superstonk/comments/o7arvn/srnscc2021005_extended_45_daysshould_go_into/h2xlivn/', 'This is to prevent future situations. Not needed for MOASS.', 'o7arvn'], ['u/Sweet_Committee_1345', 12, '2021-06-25 00:57', 'https://www.reddit.com/r/Superstonk/comments/o7arvn/srnscc2021005_extended_45_daysshould_go_into/h2xm1z3/', "W... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
32186.28, 34649.64, 34434.34, 35867.78, 35040.84, 33572.12, 33897.05, 34668.55, 35287.78, 33746.00
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['Bitcoin , BTC to USD, slid by 8.86% on Friday. Reversing a 2.87% gain from Thursday, Bitcoin ended the day at $31,584.7. A mixed start to the day saw Bitcoin rise to an early morning intraday high $35,495.0 before hitting reverse. Falling short of the first major resistance level at $35,856, Bitcoin slid to a late intraday low $31,264.0. The sell-off saw Bitcoin fall through the first major support level at $32,909 to end the day at $31,500 levels. In spite of the extended sell-off, Bitcoin avoided the second major support level at $31,152. The near-term bullish trend remained intact in spite of the latest slide back to sub-$30,000 levels. For the bears, Bitcoin would need a sustained fall through the 62% FIB of $27,237 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was a mixed day for the majors on Friday. Bitcoin Cash SV (+1.72%) and Crypto.com Coin (+0.41%) bucked the trend on the day. It was a bearish day for the rest of the majors, however. Chainlink led the way down, sliding by 11.10%. Binance Coin (-8.94%), Cardano’s ADA (-7.89%), Ethereum (-9.04%), Litecoin (-7.09%), and Ripple’s XRP (-9.39%) also saw heavy losses. Polkadot fell by a more modest 2.43% on the day. In the current week, the crypto total market rose to a Monday high $1,488bn before falling to a Tuesday low $1,129bn. At the time of writing, the total market cap stood at $1,278bn. Bitcoin’s dominance fell to a Monday low 45.03% before rising to a Wednesday high 48.28%. At the time of writing, Bitcoin’s dominance stood at 46.86%. This Morning At the time of writing, Bitcoin was up by 0.87% to $31,859.0. A mixed start to the day saw Bitcoin fall to an early morning low $31,300.0 before rising to a high $32,180.0. Bitcoin left the major support and resistance levels untested early on. Elsewhere, it was a mixed start to the day. Crypto.com Coin bucked the trend early on, sliding by 3.05%. It was a bullish start for the rest of the majors, however. Story continues At the time of writing, was Litecoin was up by 2.17% to lead the way. For the Bitcoin Day Ahead Bitcoin would need to move through the $32,781 pivot to bring the first major resistance level at $34,299 into play. Support from the broader market would be needed for Bitcoin to break back through to $34,000 levels. Barring a broad-based crypto rebound, the first major resistance level and resistance at $35,000 would likely cap any upside. In the event of an extended crypto rally, Bitcoin could test the second major resistance level at $37,012. Failure to move through the $32,781 pivot would bring the first major support level at $30,068 into play. Barring another extended sell-off on the day, Bitcoin should steer clear of the second major support level at $28,550. This article was originally posted on FX Empire More From FXEMPIRE: Silver Price Prediction – Prices Rebound this Week but the Trend Remains Downward USD/CAD Exchange Rate Prediction – The Canadian Dollar Rallies 1.25% for the Week Silver Weekly Price Forecast – Silver Markets Sitting at Support Level Virgin Galactic Revisits Multi-Month High, Investors Clamor for More Crude Oil Price Forecast – Crude Oil Markets Continue Bullish Behavior S&P 500 Weekly Price Forecast – S&P 500 Has Strong Week', 'Bitcoin, BTC to USD, slid by 8.86% on Friday. Reversing a 2.87% gain from Thursday, Bitcoin ended the day at $31,584.7.\nA mixed start to the day saw Bitcoin rise to an early morning intraday high $35,495.0 before hitting reverse.\nFalling short of the first major resistance level at $35,856, Bitcoin slid to a late intraday low $31,264.0.\nThe sell-off saw Bitcoin fall through the first major support level at $32,909 to end the day at $31,500 levels.\nIn spite of the extended sell-off, Bitcoin avoided the second major support level at $31,152.\nThe near-term bullish trend remained intact in spite of the latest slide back to sub-$30,000 levels. For the bears, Bitcoin would need a sustained fall through the 62% FIB of $27,237 to form a near-term bearish trend.\nAcross the rest of the majors, it was a mixed day for the majors on Friday.\nBitcoin Cash SV(+1.72%) andCrypto.com Coin(+0.41%) bucked the trend on the day.\nIt was a bearish day for the rest of the majors, however.\nChainlinkled the way down, sliding by 11.10%.\nBinance Coin(-8.94%),Cardano’s ADA(-7.89%),Ethereum(-9.04%),Litecoin(-7.09%), andRipple’s XRP(-9.39%) also saw heavy losses.\nPolkadot fell by a more modest 2.43% on the day.\nIn the current week, the crypto total market rose to a Monday high $1,488bn before falling to a Tuesday low $1,129bn. At the time of writing, the total market cap stood at $1,278bn.\nBitcoin’s dominance fell to a Monday low 45.03% before rising to a Wednesday high 48.28%. At the time of writing, Bitcoin’s dominance stood at 46.86%.\nAt the time of writing, Bitcoin was up by 0.87% to $31,859.0. A mixed start to the day saw Bitcoin fall to an early morning low $31,300.0 before rising to a high $32,180.0.\nBitcoin left the major support and resistance levels untested early on.\nElsewhere, it was a mixed start to the day.\nCrypto.com Coin bucked the trend early on, sliding by 3.05%.\nIt was a bullish start for the rest of the majors, however.\nAt the time of writing, was Litecoin was up by 2.17% to lead the way.\nBitcoin would need to move through the $32,781 pivot to bring the first major resistance level at $34,299 into play.\nSupport from the broader market would be needed for Bitcoin to break back through to $34,000 levels.\nBarring a broad-based crypto rebound, the first major resistance level and resistance at $35,000 would likely cap any upside.\nIn the event of an extended crypto rally, Bitcoin could test the second major resistance level at $37,012.\nFailure to move through the $32,781 pivot would bring the first major support level at $30,068 into play.\nBarring another extended sell-off on the day, Bitcoin should steer clear of the second major support level at $28,550.\nThisarticlewas originally posted on FX Empire\n• Silver Price Prediction – Prices Rebound this Week but the Trend Remains Downward\n• USD/CAD Exchange Rate Prediction – The Canadian Dollar Rallies 1.25% for the Week\n• Silver Weekly Price Forecast – Silver Markets Sitting at Support Level\n• Virgin Galactic Revisits Multi-Month High, Investors Clamor for More\n• Crude Oil Price Forecast – Crude Oil Markets Continue Bullish Behavior\n• S&P 500 Weekly Price Forecast – S&P 500 Has Strong Week', 'A senior U.S. Federal Reserve official has called Tether’s USDT stablecoin a risk to the stability of the financial system. In a slide presentation Friday, Eric Rosengren, president of the Federal Reserve Bank of Boston, listed tether among the “financial stability challenges” the U.S. central bank is watching. Rosengren included the stablecoin among what he termed “new disruptors” to short-term credit markets. Related: Market Wrap: Bitcoin Slides to Two-Week Low, Ether to Below $2K as China Reiterates Crypto Ban In an interview with Yahoo Finance the same day, he elaborated. “The reason I talked about Tether and stablecoins is if you look at their portfolio, it basically looks like a portfolio of a prime money market fund but maybe riskier,” he said. Tether “has a number of assets that, during the pandemic, the spread got quite wide on those assets.” Spread widening refers to a sell-off in the credit markets, when the difference in yield increases between a risky asset such as a corporate bond and one perceived as safe like a Treasury bond. “I do think we need to think more broadly about what could disrupt short-term credit markets over time, and certainly stablecoins are one element,” Rosengren said. “I do worry that the stablecoin market that is currently, pretty much unregulated as it grows and becomes a more important sector of our economy, that we need to take seriously what happens when people run from these type of instruments very quickly.” Read more: Strike Is Phasing Out USDT From Bitcoin-Based El Salvador Remittances, CEO Says Related: Strike Is Phasing Out USDT From Bitcoin-Based El Salvador Remittances, CEO Says Wall Street veteran and longtime Bitcoin supporter Caitlin Long found the remarks salient. “What’s interesting is [Fed governor Lael] Brainard and then [Chairman Jerome] Powell started talking ‘stablecoins.’ But now Rosengren talks ‘tether’ by name. That’s an escalation,” said Long, the founder and CEO of Avanti Financial in Wyoming. Story continues “The Fed is so practiced, … at ‘Fedspeak’ – such carefully constructed statements so that multiple sides of an issue can see their side in what the Fed said,” she said. “That was basically the [case with] previous statements about stablecoins. But today the Fed escalated. Rarely are they so explicit like they were today.” Long added that bitcoiners who consider concerns about Tether overblown should not “shoot the messenger.” “I’ve both defended Tether as breakthrough technology while also calling out that its reserve disclosure opened more questions than it answered,” she said, referring to the company’s breakdown of the collateral behind USDT, released in May. Read more: Tether’s Reserve Breakdown Shows Token 49% Backed by Commercial Paper That breakdown showed nearly half the reserves are in commercial paper, but did not specify the issuers or ratings of those debts, leaving the market guessing about the assets’ liquidity and creditworthiness. (Stu Hoegner, Tether’s general counsel, later wrote that “the vast majority” of this commercial paper is from issuers rated A-2 or higher, without naming any.) Rosengren included the composition in another slide from his presentation at a virtual event organized by the Philadelphia Fed. USDT plays a key role in the plumbing of the $1 trillion global cryptocurrency market. Traders use it, and to a lesser degree other stablecoins, to quickly move dollar value between exchanges in order to take advantage of arbitrage opportunities. Read m **Last 60 Days of Bitcoin's Closing Prices:** [55033.12, 54824.70, 53555.11, 57750.18, 57828.05, 56631.08, 57200.29, 53333.54, 57424.01, 56396.52, 57356.40, 58803.78, 58232.32, 55859.80, 56704.57, 49150.54, 49716.19, 49880.54, 46760.19, 46456.06, 43537.51, 42909.40, 37002.44, 40782.74, 37304.69, 37536.63, 34770.58, 38705.98, 38402.22, 39294.20, 38436.97, 35697.61, 34616.07, 35678.13, 37332.86, 36684.93, 37575.18, 39208.77, 36894.41, 35551.96, 35862.38, 33560.71, 33472.63, 37345.12, 36702.60, 37334.40, 35552.52, 39097.86, 40218.48, 40406.27, 38347.06, 38053.50, 35787.25, 35615.87, 35698.30, 31676.69, 32505.66, 33723.03, 34662.44, 31637.78] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2021-06-26 **Financial & Commodity Data:** - Gold Closing Price: $1776.60 - Crude Oil Closing Price: $74.05 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $592,187,652,094 - Hash Rate: 88186933.06283121 - Transaction Count: 181628.0 - Unique Addresses: 490112.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.20 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Stocks fell on Monday, with technology stocks under more pressure as investors weighed the risks that higher inflation during the pandemic recovery might drag on high-growth names. [Click here to read what's moving markets heading into Tuesday, May 11] The Dow erased earlier gains to end lower, after the index set an intraday record of more than 35,000 during the session. The Nasdaq sank by 2.6% for its worst day since March, and the S&P 500 also ended lower. Treasury yields were slightly higher across the long end of the curve, with the benchmark 10-year yield hovering below 1.6%. West Texas Intermediate crude oil prices (CL=F) and gasoline futures (RB=F) gained after the Colonial Pipeline, a top U.S. fuel pipeline operator,temporarily cut off its fuel lines after a cyberattack. Elsewhere, Ether (ETH-USD), the token built on the Ethereum blockchain, set an all-time high of more than $4,000 before paring advances, giving back some gains after a rally that doubled prices for the second-largest cryptocurrency since the beginning of April. Bitcoin (BTC-USD) prices fell, dipping below $56,000. Investors have been focused on the prospects of inflation during the economic recovery coming out of the coronavirus pandemic, with a surge in demand during reopenings apt to drive a surge in prices. This could in turn eventually prompt the Federal Reserve to tighten policies, and taken together, would risk weighing on the valuations of longer-duration growth stocks like those of technology companies especially. Friday's sharply disappointing jobs reportat least temporarily assuaged traders' concerns, with the miss viewed as adding fuel to policymakers' assertions that a full economic recovery remains a ways off. But withcommodity prices advancinganda number of major companies citing rising input and end-user prices due to supply and demand mismatches,inflationary concerns are set to remain a key theme for investors to watch in the coming months. The U.S. Bureau of Labor Statistics' April consumer price index (CPI) due out Wednesday and producer price index (PPI) on Thursday will show the latest change in prices for consumers and suppliers, with both indexes expected to show a marked jump over last year's pandemic-depressed levels as demand resurges during the recovery. "Before the pandemic, monthly CPI releases tended to pass without much comment. Now they will be scoured for any evidence of a post-pandemic jump in inflation," Neal Shearing, group chief economist for Capital Economics, wrote in a note Monday. He said investors should watch for three main themes in these reports and in other near-term data. "The first is evidence of what might be termed 'opening up' inflation. This is likely to appear in goods and services for which there is a surge in demand as restrictions are lifted such as hotels, restaurants, airfares and clothing," he said. "The extent of pent-up demand in these areas means that, even in the best of times, supply might struggle to keep pace." "The second is evidence of 'opening up'disinflation,"he added, with emphasis his. "Some goods, including IT equipment and groceries, saw sharp increases in demand and prices as people were forced to stay at home. It follows that these components should see the reverse of 'reopening inflation.'" "The final area to watch is evidence of 'commodities-related inflation.' Oil prices have recovered from their slump at the start of the pandemic and metal and grain prices have surged far above pre-pandemic levels," Shearing said. "These developments are already boosting inflation and will continue to do so in the near term. The extent to which they exert further upward pressure on inflation beyond the next six months or so will depend on whether the increase in commodity prices is sustained." — Here were the main moves in markets as of 4:02 p.m. ET: • S&P 500 (^GSPC): -44.08 (-1.04%) to 4,188.52 • Dow (^DJI): -32.60 (-0.09%) to 34,745.16 • Nasdaq (^IXIC): -350.38 (-2.55%) to 13,401.86 • Crude (CL=F): -$0.08 (-0.12%) to $64.82 a barrel • Gold (GC=F): +$6.90 (+0.38%) to $1,838.20 per ounce • 10-year Treasury (^TNX): +2.5 bps to yield 1.6020% — With market participants closely eyeing prospects for a jump in inflation, stocks could see a pullback at signs of surging prices. However, according to at least one strategist, any inflation-driven selloff in the market would likely present an attractive buying opportunity in an otherwise solid backdrop for stocks. "I think what we're all debating is, is there a moment where inflation seems a bit out of hand and the market brings forward expectations for policy tightening," Brian Levitt, global market strategist,North America at Invesco, told Yahoo Finance on Monday."We've seen what that looks like before, where five-year rates go up, the dollar strengthens, stocks sell off some, and ultimately we assess from there whether the Fed's going to go ahead with the tightening plan ... or is it just a matter of the market does the Fed's work, we get a little bit of a pause, maybe we get a correction." "I'm still very much of the mind that we're in the very early stages of this cycle," he added. "This cycle's going to play out over a long period of time. The Fed's not going to be raising rates and inverting the yield curve for years to come. And so inflation that's likely to emerge in the summer could create what we'd call a so-called 'freak-out' moment in the market, but would represent a buying opportunity." — Here's where markets were trading as of 1:20 p.m. ET in New York: • S&P 500 (^GSPC): -3.98 points (-0.09%) to 4,228.62 • Dow (^DJI): +220.39 points (+0.63%) to 34,998.15 • Nasdaq (^IXIC): -201.04 points (-1.46%) to 13,551.05 • Crude (CL=F): +$0.09 (+0.13%) to $64.99 a barrel • Gold (GC=F): +$5.80 (+0.32%) to $1,837.10 per ounce • 10-year Treasury (^TNX): +1.2 bps to yield 1.591% — According to strategists from Morgan Stanley, stocks are likely to start seeing diminishing returns from optimism over the post-pandemic economic recovery. "Rather than getting excited about the reopening, we are getting more concerned about (1) execution risk and (2) what's already priced in," Morgan Stanley's Michael Wilson said in a note Monday. "First, on the execution front, there’s growing evidence that supply remains a problem for many companies, just as demand is picking up. These issues have been particularly acute in certain materials and components, and now it’s becoming more apparent that we have labor shortages as well." "On valuation, the risk is elevated too," he added. "But, with liquidity still flush and the S&P 500 making new highs every day, few seem worried. For many, the weak payroll number just means more accommodation from the Fed, or at least not a withdrawal any time soon. From our vantage point, the equity risk premium is underpricing these cost/supply issues as well as the other risks we have discussed over the past month." — Friday's jobs report — which showed a disappointing 266,000 payroll gains and an unexpected move higher in the unemployment rate – resulted in a positive market reaction, with the Dow and S&P 500 setting new highs despite the disappointing data. According to many strategists, those moves came as the weak data appeared to solidify the Federal Reserve's stance to keep monetary policy accommodative at least in the near-term. "It's primarily because 'the party continues,' if you will," JJ Kinahan, chief market strategist for TD Ameritrade,told Yahoo Finance on Monday of the market's reaction to the report."And by that I mean, the Fed continuing to keep liquidity in the system, not talking about raising rates in the short term, because there's not the pressure on wages that many had expected." "You did see the leisure and hospitality industry create more jobs than actually the whole report did. I would expect that to continue," he added. "We have such differences from what the states are doing, from some that are wide open to others that are talking about coming out of some of the restrictions next month," Kinahan said. "I think it's very difficult to predict at what point these bars and restaurants, particularly, and hotels, are putting people on the payroll." — Here's where markets were trading after the opening bell Monday morning: • S&P 500 (^GSPC): +1.24 points (+0.3%) to 4,233.84 • Dow (^DJI): +128.80 points (+0.37%) to 34,906.56 • Nasdaq (^IXIC): -64.68 points (-0.47%) to 13,683.46 • Crude (CL=F): +$0.51 (+0.79%) to $65.41 a barrel • Gold (GC=F): +$8.50 (+0.46%) to $1,839.80 per ounce • 10-year Treasury (^TNX): -0.7 bps to yield 1.572% — Marriott (MAR)posted mixed first-quarter results Monday morning,with revenue down by more than half over last year as lodging demand remained pressured by the pandemic. First-quarter adjusted earnings were 10 cents per share on revenue of $2.32 billion, representing a 51% drop on the top line. Consensus analysts were looking for $2.37 billion in sales, according to Bloomberg data. The company declined to provide guidance due to COVID-related uncertainty. Revenue per available room, a closely watched measure of efficiency in the hotel industry, dropped 46.3% over last year in the first three months of 2021, widening to more than double the prior year's 22.5% decline. The drop was most pronounced in the U.S. and Canada, while booking trends in China rebounded, the company said. "While recovery trajectories vary from region to region, the resiliency of demand has been most keenly demonstrated in mainland China, where occupancy is near the pre-pandemic level. Occupancy reached 66% in mainland China in March, nearly the same as in March 2019, on strong demand from both leisure and business travelers," Marriott CEO Tony Capuano said in a press statement. "In our largest region, the U.S. and Canada, demand increased rapidly as vaccine rollouts accelerated," he added. "Occupancy started the year at 33% in January and reached 49% by March. Leisure demand gained momentum, particularl... - Reddit Posts (Sample): [['u/POCKALEELEE', 'What is your long-term plan for your crypto?', 59, '2021-06-26 00:05', 'https://www.reddit.com/r/CryptoCurrency/comments/o7xpc1/what_is_your_longterm_plan_for_your_crypto/', "I understand the concept of HODLing forever, but I see 2 groups of HODLers here - those who plan to HODL forever, and those with a different plan. I'm old, so I have a 2 part plan: 1) HODL some to pass on to my child, and 2) HODL some until i can get something I want that I could not otherwise get. I already sold some BTC and ETH to pay off my house. I'm not sure what might prompt me to sell, if anything, but once I hit 60 I realized I'm not going to live forever, and I'm not sure I'd be stylish enough at 90 to pull off a Lambo. So, what is your plan? Do you have a plan besides just HODL? Also, I really wish I was young, because I'm afraid I'll miss so much cool shit in the next 50 years. EDIT: It is nice to see so many people actually have a plan that is well-considered for their needs!", 'https://www.reddit.com/r/CryptoCurrency/comments/o7xpc1/what_is_your_longterm_plan_for_your_crypto/', 'o7xpc1', [['u/pukem0n', 35, '2021-06-26 00:07', 'https://www.reddit.com/r/CryptoCurrency/comments/o7xpc1/what_is_your_longterm_plan_for_your_crypto/h31m49a/', 'HODL until 2040 and use crypto as my pension, since the state pension will have run out by then because we all get older and refuse to die.', 'o7xpc1'], ['u/Octopus-Pawn', 27, '2021-06-26 00:07', 'https://www.reddit.com/r/CryptoCurrency/comments/o7xpc1/what_is_your_longterm_plan_for_your_crypto/h31m5ah/', 'I have a strong suspicion I will never sell my crypto… which begs the question, what’s the point?', 'o7xpc1'], ['u/DaveinOakland', 10, '2021-06-26 00:07', 'https://www.reddit.com/r/CryptoCurrency/comments/o7xpc1/what_is_your_longterm_plan_for_your_crypto/h31m7dw/', 'Trade to accumulate, DCA, and HODL til 2024.\n\nReevaluate then', 'o7xpc1'], ['u/idevcg', 29, '2021-06-26 00:09', 'https://www.reddit.com/r/CryptoCurrency/comments/o7xpc1/what_is_your_longterm_plan_for_your_crypto/h31mcru/', "life changing money or bust. I'll take either.", 'o7xpc1'], ['u/pukem0n', 27, '2021-06-26 00:20', 'https://www.reddit.com/r/CryptoCurrency/comments/o7xpc1/what_is_your_longterm_plan_for_your_crypto/h31nq2q/', "It's like collecting all those super items in an RPG and then playing through the whole game without ever using them in case you might need them later.", 'o7xpc1'], ['u/Wallstreet101083', 10, '2021-06-26 00:29', 'https://www.reddit.com/r/CryptoCurrency/comments/o7xpc1/what_is_your_longterm_plan_for_your_crypto/h31orkn/', 'My plan is to hold into my retirement I have 12 more years left until I retire it would be nice to buy a piece of land in the mountains and finish out my days in peace', 'o7xpc1']]], ['u/18sbrku50', 'Does anyone else believe a parabolic silver squeeze + the release of central bank digital currencies (i.e. FED coin) will cause the death of mainstream crypto? Especially the oldest and least efficient ones?', 79, '2021-06-26 01:16', 'https://www.reddit.com/r/Wallstreetsilver/comments/o7yyeb/does_anyone_else_believe_a_parabolic_silver/', "My reasoning is that businesses can only accept legal tender as payment. For any unbacked currency to survive, it needs to have a monopoly enforced by law (Fiat/Central Bank Digital Currencies). Companies that accept bitcoin and other crypto are really just selling your crypto for dollars during the transaction. Tesla tried to legitimately accept BTC but we saw how that turned out...\n\nGold and silver have intrinsic value AND legal tender rights under the US constitution. They have also been re-defined as legal tender in 12 US states which will continue to grow. When the COMEX futures market and LBMA defaults, I believe there will be a massive exodus out of traditional crypto into precious metals. Government regulations aimed to force market share into CBDC's will also be a major factor.\n\nLet me know your thoughts on this.", 'https://www.reddit.com/r/Wallstreetsilver/comments/o7yyeb/does_anyone_else_believe_a_parabolic_silver/', 'o7yyeb', [['u/Mothersilverape', 11, '2021-06-26 01:23', 'https://www.reddit.com/r/Wallstreetsilver/comments/o7yyeb/does_anyone_else_believe_a_parabolic_silver/h31uqz9/', 'No. I believe that decentralized crypto is better than centralized bank digital currency. But both of these are controlled currencies. The cryptos are controlled by the exchanges. The digital currencies by the central planners that be. So, in my opinion, crypto is marginally better than central bank currencies.\n\nBoth will always be inferior to physical silver for wealth preservation in hard times. Which is where w are heading. That is not my opinion. That is fact.', 'o7yyeb']]], ['u/Content_Structure118', 'Things about Crypto I Learned the Hard Way...', 387, '2021-06-26 01:57', 'https://www.reddit.com/r/CryptoCurrency/comments/o7zm61/things_about_crypto_i_learned_the_hard_way/', 'Are you new to Crypto? I hope you\'re doing research in other places than Reddit,\xa0 although this sub can be very helpful. Here are some suggestions that might help you as you invest in projects.\xa0\xa0 \n\n1. Spend only what you can afford to lose, i.e., "fun" money. I know,\xa0 it\'s real tempting to use cash from a student loan or a credit card but you\'ll eventually regret it, especially if your chosen crypto tanks. Don\'t go into debt to invest. It rarely turns out well. \xa0\xa0\xa0 \n\n2. Most folks agree that Dollar Cost Averaging (DCA) is the best investing strategy in Crypto. DCA means buying coins on a regular schedule, hopefully lowering your average costs over time.\xa0 You can also DCA/buy the dips, but you never know when a project will be at its lowest, so pure DCA usually works better. \xa0\xa0\xa0 \xa0 \n\n3. Don\'t put all your eggs in one basket for risk management, and learn how to build a strong portfolio. A strong portfolio is heavily invested in original, safer coins such as BTC and ETH, with much lower percentages of Alt coins such as VET, ADA, LINK, ALGO, and the like. The alt coins carry higher chances of gains, but also much higher risk of losses. **Edit: To truly spread your risk out, invest in other assets such as mutual funds, stocks, real estate, etc. This is diversification. \n\n4. Do Your Own Research.(DYOR)\xa0Don\'t just pick a coin shilled by some jerk like me on Reddit or a YouTube analyst. Your friend at work may not be as smart as you think! Read and research to find a project that makes sense and has a real world use cases - good tokenomics and development teams. This is especially important right now because the market is bearish.\xa0 Pick only projects that have a reason and utility to outlast others. \xa0\xa0 \n\n5. Don\'t FOMO ( fear of missing out) into a coin. This is most tempting in a Bull market when you see friends making money on a coin that is mooning.\xa0 If the token is nearly at its high, It can *and* will likely consolidate and go down; you can always buy in at the dip in price. Be patient! \xa0\xa0\xa0 \xa0 \n\n6. Hold on to your coins,\xa0 especially if you bought them because you believe in their future. You will make more money Holding than selling and buying another Crypto almost EVERY TIME.\xa0The only good time to sell is with a profit, or if you decide the coin you hold is worthless or a s***coin. Otherwise HODL! \xa0 \n\n7. Don\'t PANIC SELL!\xa0 This is usually the first mistake Noobs make in order to cut their losses.\xa0 I know I did.\xa0 Had I never panic sold, I would be up about 60% higher than I am today.\xa0 \nThis panic selling also happens in a bear market,\xa0 when losses can hit 30% in day. Everyone wants to sell at the same time.\xa0 \nWhen you are in doubt about your coin\'s recent dive,\xa0 zoom out on the price chart to look at a year or three, and you will realize most 20% dips come right back up.\xa0"When in doubt,\xa0 Zoom out!" \n\n8. Invest in a hardware wallet (directly from the company - NOT Amazon) when you make time. You can keep coins on exchanges or "hot" (online) wallets when actively trading, but take the crypto out when not trading for safety.\xa0 Some exchanges do not give you a seed phrase: many people say "Not your keys, Not your Coin."\xa0 Your hardware wallet will have a personal seed phrase to unlock your crypto. \xa0 \xa0 \n\n9. Have an exit plan.\xa0 Some people take out their original investment and play only with the "house" money or profits. Others take a percent of profits when a coin reaches a certain % gain or value. Set a goal and use it. If you wait until the bear market you may not have profits to take. \xa0 \n\n10. Don\'t watch your phone or computer all the damn time.\xa0 Unless you\'re a successful day trader (less than .05% of people, most experts say) you don\'t need to watch prices but one or two times a day. Nothing you will see should change your strategy unless BTC drops to 10k and you want to buy more. Stress kills. \xa0 \xa0 \n\n11.\xa0Most people in Crypto just want to get out of poverty and gain some savings. A little money can mean a lot to some of us. BUT, It\'s only money. Money is not worth your health,\xa0 family,\xa0 career,\xa0 or life. This leads to... \n\n12. Enjoy your family and friends. Spend time with loved ones, and enjoy their company.\xa0 Go for a hike, a run, or out for dinner.\xa0 This may not seem Cryptocurrency related,\xa0 but Crypto will never hold your hand when you\'re sick, give you love, or be there when you need help. \n\nHope these have helped. Good luck and HODL!', 'https://www.reddit.com/r/CryptoCurrency/comments/o7zm61/things_about_crypto_i_learned_the_hard_way/', 'o7zm61', [['u/astockstonk', 76, '2021-06-26 02:00', 'https://www.reddit.com/r/CryptoCurrency/comments/o7zm61/things_about_crypto_i_learned_the_hard_way/h31yoah/', 'I don’t think I will ever succeed on #10. Checking crypto prices a million times just seems to be a thing we do.', 'o7zm61'], ['u/TheMuffinistMan'... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
34649.64, 34434.34, 35867.78, 35040.84, 33572.12, 33897.05, 34668.55, 35287.78, 33746.00, 34235.20
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['Bitcoin , BTC to USD, rose by 2.44% on Saturday. Partially reversing an 8.86% slide from Friday, Bitcoin ended the day at $32,355.7. A mixed start to the day saw Bitcoin rise to a mid-morning intraday high $32,661.0 before hitting reverse. Falling short of the first major resistance level at $34,299, Bitcoin slid to a late morning intraday low $30,206.0. Steering clear of the first major support level at $30,068, Bitcoin move back through to $32,300 levels and into the green. A final hour rally delivered most of the upside on the day. The near-term bullish trend remained intact in spite of the latest slide back to sub-$30,000 levels. For the bears, Bitcoin would need a sustained fall through the 62% FIB of $27,237 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was a mixed day for the majors on Saturday. Chainlink (+0.21%), Ethereum (+1.11%), Litecoin (+1.47%), and Ripple’s XRP (+0.81%) saw relatively modest gains on the day, supported by a final hour recovery. It was a bearish day for the rest of the majors, however. Bitcoin Cash SV and Crypto.com Coin fell by 4.91% and by 4.37% to lead the way down. Binance Coin (-0.42%), Cardano’s ADA (-0.05%), and Polkadot (-1.56%) also saw red. In the current week, the crypto total market rose to a Monday high $1,488bn before falling to a Tuesday low $1,127bn. At the time of writing, the total market cap stood at $1,284bn. Bitcoin’s dominance fell to a Monday low 45.03% before rising to a Wednesday high 48.26%. At the time of writing, Bitcoin’s dominance stood at 47.21%. This Morning At the time of writing, Bitcoin was up by 0.33% to $32,462.2. A mixed start to the day saw Bitcoin fall to an early morning low $32,066.0 before rising to a high $32,485.0. Bitcoin left the major support and resistance levels untested early on. Elsewhere, it was a bullish start to the day. At the time of writing, Bitcoin Cash SV was up by 5.01% to lead the way. For the Bitcoin Day Ahead Bitcoin would need to avoid the $31,741 pivot to bring the first major resistance level at $33,276 into play. Story continues Support from the broader market would be needed for Bitcoin to break out from Saturday’s high $32,661.0. Barring a broad-based crypto rebound, the first major resistance level and resistance at $33,500 would likely cap any upside. In the event of an extended crypto rally, Bitcoin could test resistance at $35,000. The second major resistance level sits at $34,196. A fall through the $31,741 pivot would bring the first major support level at $30,821 into play. Barring another extended sell-off on the day, Bitcoin should steer clear of the second major support level at $29,286. This article was originally posted on FX Empire More From FXEMPIRE: Silver Weekly Price Forecast – Silver Markets Sitting at Support Level Gold Price Prediction – Prices Consolidate Following Core PCE Report The Crypto Daily – Movers and Shakers – June 27th, 2021 Crude Oil Weekly Price Forecast – Crude Oil Markets Continue to Shoot Higher S&P 500 Weekly Price Forecast – S&P 500 Has Strong Week NZD/USD Forex Technical Analysis – Confirmation of Minor Reversal Top Could Drive Kiwi into .7027 – .7009', 'Bitcoin, BTC to USD, rose by 2.44% on Saturday. Partially reversing an 8.86% slide from Friday, Bitcoin ended the day at $32,355.7.\nA mixed start to the day saw Bitcoin rise to a mid-morning intraday high $32,661.0 before hitting reverse.\nFalling short of the first major resistance level at $34,299, Bitcoin slid to a late morning intraday low $30,206.0.\nSteering clear of the first major support level at $30,068, Bitcoin move back through to $32,300 levels and into the green.\nA final hour rally delivered most of the upside on the day.\nThe near-term bullish trend remained intact in spite of the latest slide back to sub-$30,000 levels. For the bears, Bitcoin would need a sustained fall through the 62% FIB of $27,237 to form a near-term bearish trend.\nAcross the rest of the majors, it was a mixed day for the majors on Saturday.\nChainlink(+0.21%),Ethereum(+1.11%),Litecoin(+1.47%), andRipple’s XRP(+0.81%) saw relatively modest gains on the day, supported by a final hour recovery.\nIt was a bearish day for the rest of the majors, however.\nBitcoin Cash SVandCrypto.com Coinfell by 4.91% and by 4.37% to lead the way down.\nBinance Coin(-0.42%),Cardano’s ADA(-0.05%), and Polkadot (-1.56%) also saw red.\nIn the current week, the crypto total market rose to a Monday high $1,488bn before falling to a Tuesday low $1,127bn. At the time of writing, the total market cap stood at $1,284bn.\nBitcoin’s dominance fell to a Monday low 45.03% before rising to a Wednesday high 48.26%. At the time of writing, Bitcoin’s dominance stood at 47.21%.\nAt the time of writing, Bitcoin was up by 0.33% to $32,462.2. A mixed start to the day saw Bitcoin fall to an early morning low $32,066.0 before rising to a high $32,485.0.\nBitcoin left the major support and resistance levels untested early on.\nElsewhere, it was a bullish start to the day.\nAt the time of writing, Bitcoin Cash SV was up by 5.01% to lead the way.\nBitcoin would need to avoid the $31,741 pivot to bring the first major resistance level at $33,276 into play.\nSupport from the broader market would be needed for Bitcoin to break out from Saturday’s high $32,661.0.\nBarring a broad-based crypto rebound, the first major resistance level and resistance at $33,500 would likely cap any upside.\nIn the event of an extended crypto rally, Bitcoin could test resistance at $35,000. The second major resistance level sits at $34,196.\nA fall through the $31,741 pivot would bring the first major support level at $30,821 into play.\nBarring another extended sell-off on the day, Bitcoin should steer clear of the second major support level at $29,286.\nThisarticlewas originally posted on FX Empire\n• Silver Weekly Price Forecast – Silver Markets Sitting at Support Level\n• Gold Price Prediction – Prices Consolidate Following Core PCE Report\n• The Crypto Daily – Movers and Shakers – June 27th, 2021\n• Crude Oil Weekly Price Forecast – Crude Oil Markets Continue to Shoot Higher\n• S&P 500 Weekly Price Forecast – S&P 500 Has Strong Week\n• NZD/USD Forex Technical Analysis – Confirmation of Minor Reversal Top Could Drive Kiwi into .7027 – .7009', "The financial services industry has long been a proponent of technology use. However, when it came to retail offerings, the best technology was often kept in the hands of institutional users. Eventually, slowly but surely, the internet changed everything.\nFrom traders' method of accessing the markets to the speed of execution and charting, the late 90's and early 2000's were years of dramatic changes in stock market participation. First, inclusivity improved by an order of magnitude, leading to a dramatic rise in the number of day traders lured in by discount brokerage rates and greater accessibility.\nWhile the playing field was still tilted in favor of financial services giants and large funds that invested heavily to maintain a technological edge, the gap gradually closed as these technologies filtered down to the retail level. Moreover, the technology itself helped improve market conditions and the accessibility of value-added services alike.\nPaul Barroso, the Co-founder & CEO of Atani, remarked, “There are a lot of instances in which trading, portfolio management, technical analysis or tax reporting technology that was once limited to institutions is being filtered down to retail clients. For example, take high-frequency trading technologies (HFT), that have now gone mainstream and are leveraged for arbitrage trading. That has a net positive impact on the markets, as it increases liquidity and reduces spreads and slippage.”\nStock traders can now build their own algorithms with no coding knowledge, employ advanced technical analysis tools directly on charts, and filter and sort through trading opportunities based on pre-defined criteria. Moreover, they have access to multiple trading venues. The point is, although technology in its earlier years was the big differentiator, it has since been transformed into the great equalizer, gradually improving inclusivity while helping level a very lopsided playing field.\nMoney management tools are a prescient example of this progress. The rollout of services like copy-trading and robo-advisory has brought asset management and portfolio management to the public instead of solely serving the needs of high net worth individuals. Even research has been fundamentally democratized by technology. For instance, Reddit has brought us the world’s largest decentralized hedge fund and an abundance of research and analysis that was once relegated to the institutional investment domain alone.\nCryptocurrency As The Great Trading Equalizer\nIn many ways, cryptocurrency builds on this technological progress. At its core, the goal of the earliest cryptocurrencies was greater financial inclusivity, whether by banking the unbanked or by reducing the presence of gatekeepers that translated to higher transaction costs. (SeeBitcoin Stock Comparisonon TipRanks)\nSure, cryptocurrency trading, in particular, has a long way to go, but even now, it is progressing at a much faster pace than stock market trading. The strongest example of this point is the abundance of decentralized exchanges (DEXs) and automated-market-maker (AMM) platforms driving the DeFi revolution.\nFor traders, the opportunity to access a purely decentralized trading environment has numerous advantages. Besides for the fee component, the tools available have never been more sophisticated. Moreover, yield farming, staking, and lending in these decentralized environments provide more democratized opportunities for ordinary investors than at any time in history.\nEven centralized crypto platforms are highly performant, and regularly expand their use of technology. Traders can now view the order book for depth, akin to the Nasda **Last 60 Days of Bitcoin's Closing Prices:** [54824.70, 53555.11, 57750.18, 57828.05, 56631.08, 57200.29, 53333.54, 57424.01, 56396.52, 57356.40, 58803.78, 58232.32, 55859.80, 56704.57, 49150.54, 49716.19, 49880.54, 46760.19, 46456.06, 43537.51, 42909.40, 37002.44, 40782.74, 37304.69, 37536.63, 34770.58, 38705.98, 38402.22, 39294.20, 38436.97, 35697.61, 34616.07, 35678.13, 37332.86, 36684.93, 37575.18, 39208.77, 36894.41, 35551.96, 35862.38, 33560.71, 33472.63, 37345.12, 36702.60, 37334.40, 35552.52, 39097.86, 40218.48, 40406.27, 38347.06, 38053.50, 35787.25, 35615.87, 35698.30, 31676.69, 32505.66, 33723.03, 34662.44, 31637.78, 32186.28] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2021-06-27 **Financial & Commodity Data:** - Gold Closing Price: $1776.60 - Crude Oil Closing Price: $74.05 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $592,187,652,094 - Hash Rate: 58461000.56974205 - Transaction Count: 124640.0 - Unique Addresses: 379066.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.22 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: The U.S. Securities and Exchange Commission (SEC) keeps kicking thebitcoinexchange-traded fund (ETF) can down the road. In aWednesday filing, the regulator once again delayed passing judgement on the VanEck Bitcoin Trust. The SEC renders a decision on prospective applications within 45-day windows and can take up to 240 days to make a decision. This is the second time it has extended the review period on the VanEck bid. Related:Paxos Adds Wedbush Securities in Quest for Same-Day Stock Settlement The approval of a bitcoin ETF in the U.S. remainsthe crypto industry’s white whale. In the same filing, the SEC asked for public comment on VanEck’s application. The regulator asked interested parties to answer questions about how susceptible the ETF would be to market manipulation and whether or not the regulatory landscape has changed significantly since the first time bitcoin ETF applications had garnered popular attention in 2016. “In rejecting numerous bitcoin ETF applications, the SEC has continually stated concerns over fraud and manipulation in the underlying bitcoin spot market,” Nathan Geraci, president of the ETF Store, told CoinDesk in a recent interview. “The SEC is worried they don’t have proper surveillance over crypto exchanges and, therefore, can’t ensure adequate investor protections are in place.” A request for comment sent to VanEck was not immediately returned. Related:SEC Charges 3 More in $30M ICO Fraud Case Nikhilesh De contributed reporting. • Coinbase Hires Former SEC Alum to Lead Exchange’s Capital Markets Legal Work • SEC’s Peirce Warns Against Stifling Crypto Innovation... - Reddit Posts (Sample): [['u/swhizzle', 'Skepticism Sunday - Discuss questions/concerns/doubts about the project!', 15, '2021-06-27 00:00', 'https://www.reddit.com/r/Ravencoin/comments/o8k0ni/skepticism_sunday_discuss_questionsconcernsdoubts/', 'Here we have this week\'s "Skepticism Sunday" post for Ravencoin.\n\n**This post is for critically discussing any concerns people have about Ravencoin and its future. The idea is to strengthen the project by alleviating concerns, identifying flaws and hopefully organising solutions to them.**\n\n# PLEASE NO PRICE/TRADING/MARKET DISCUSSION :)\n\n**Please refrain from discussion revolving around the price of RVN (prediction and/or speculation) or talking about RVN\'s position in terms of the market in response to this post. There are many different posts on the subreddit in which you can talk about it.**\n\nThis idea is borrowed from the Monero community and you can view the original reasoning behind it in [this post](https://np.reddit.com/r/Monero/comments/75w7wt/can_we_make_skepticism_sunday_a_part_of_the/).\n\n# Why a weekly post for this?\n\nThis weekly post isn\'t meant to replace or dissuade people from making individual posts of their concerns about Ravencoin. Rather, there are plenty of small concerns/talking points that perhaps aren\'t discussed on the subreddit as people don\'t believe they warrant a standalone post. It seems a lot of these smaller questions are asked over on the Discord server but get eventually lost in the chat history; a weekly post is easier to archive and look back on as well as giving more people a chance to respond. Again, the intent is to ask difficult questions, identify potential problems and strengthen the project.\n\n# Participation\n\n* **Be respectful.**\n* Read the FAQs below, it captures a huge majority of the common questions asked on the subreddit.\n* Read the [whitepaper](https://ravencoin.foundation/whitepaper) first. A lot of the basics of the project can be found here.\n* Post your concerns and thoughts below.\n* Be constructive.\n* Please avoid low quality, one-line posts.\n* If you have an opinion about something that someone has written then please feel free to reply; you don\'t have to be an expert or a developer.\n* If possible, try to think of an upvote as "I think this is a valid point that needs to be discussed".\n* Please refrain from discussing price (unless relevant).\n* Read the FAQs again.\n\n# Resources\n\n* Again, the Ravencoin [whitepaper](https://ravencoin.foundation/whitepaper).\n* Want to get started mining RVN? [Check out this guide.](https://www.reddit.com/r/Ravencoin/comments/nlgej1/noobs_guide_to_mining_ravencoin_by_a_noob/)\n* [Ravencoin wiki.](https://raven.wiki/w/Ravencoin_Wiki)\n* [Original Ravencoin announcement on Bitcointalk](https://bitcointalk.org/index.php?topic=3238497)\n* [Ravencoin Foundation blog](https://ravencoin.foundation/blog).\n* [Ravencoin asset explorer.](https://ravencoin.asset-explorer.net/)\n* [Join the Discord!](https://discord.gg/XwjgvxS)\n* Developer meetings are held every other Friday at 4pm Eastern in #development-meetings on Discord\n\n# FAQs\n\n**Q: "What is Ravencoin/what makes it different?"**\n\n**A:** ["Ravencoin is a code fork of bitcoin, fair launch, proof of work mined chain with an asset aware protocol that allows users to easily create and manage unique digital assets. That’s it."](https://twitter.com/Ravencoin/status/1360964546521890818)\n\nTo learn more. Read the [whitepaper](https://ravencoin.foundation/whitepaper).\n\n[Also see this post.](https://www.reddit.com/r/Ravencoin/comments/ni5xvl/besides_miningspeculation_is_there_a_point_to/) [Or this](https://www.reddit.com/r/Ravencoin/comments/nm43x4/rvn_enthusiasts_educate_me/). [Or this.](https://www.reddit.com/r/Ravencoin/comments/nkv1e4/what_sets_rvn_apart_from_the_rest/) [Or this.](https://www.reddit.com/r/Ravencoin/comments/nl8ajk/other_than_this_amazing_community/) [Also](https://www.reddit.com/r/Ravencoin/comments/nddtm6/skepticism_sunday_16052021_if_you_have_questions/gycgkde?utm_source=share&utm_medium=web2x&context=3) [maybe this.](https://www.reddit.com/r/Ravencoin/comments/nddtm6/skepticism_sunday_16052021_if_you_have_questions/gycgkde?utm_source=share&utm_medium=web2x&context=3)\n\n(All have good comments/discussion).\n\n**Q: "What are people doing to promote RVN?"**\n\n**A:** Check out the Ravencoin foundation (their [blog](https://ravencoin.foundation/blog) can be found here).\n\n**Q: "I want to develop something with Ravencoin, how do I do this?""**\n\n**A:** Learn how to make "rpc" calls to the Ravencoin core wallet. As Ravencoin is based on Bitcoin, you can look at bitcoin based tutorials for this. I would heavily recommend [this playlist](https://www.youtube.com/watch?v=ygNit44dQHA&list=PLhWIQKZKupCawKJQBAEJc-Y4I30HQ6KBH&index=1) (it is very beginner friendly and walks you through every step). There are no smart contracts with Ravencoin, you don\'t learn a language and create programs on top of the network. You merely interact with the wallet software via your program in order to send/receive money/assets.\n\nFor more tutorials based on Ravencoin specifically, I would recommend looking at ["Raven Rebels"](https://www.youtube.com/channel/UCkVXHmGVZe2wZKmIeUw4Tnw).\n\n**Q: "We need more marketing!"**\n\n**A:** Ravencoin is a community-run effort where anyone can get involved and help out; marketing included! If you want to help out, here are maybe some ideas for what could help generate interest and/or make the community a more vibrant place:\n\n* Ravencoin podcast (like [this](https://twitter.com/monerotopia?lang=en))\n* Weekly Ravencoin post where you gather all the latest news about the project (like [this](https://medium.com/themoneromoon/the-monero-moon-issue-13-84a35e91f889))\n* Ravencoin "webzine" combining Ravencoin related news, art and discussion .\n* Ravencoin radio where people can listen to some tunes (like [this](https://radio.wownero.com/)).\n* Ravencoin Community Crowdfunding Service (like [this](https://funding.wownero.com/proposals))\n* Related to the above suggestion - donation drives to help out charities in need (bird sanctuaries, maybe :p)\n\n**Q: "Ravencoin sounds awesome in theory but who is using it?**\n\n**A:** Lots of people! Have a look on the front page of the [wiki.](https://raven.wiki/w/Ravencoin_Wiki)\n\n**Q: "Who is the owner of the wallet that contains 42% of all RVN?"**\n\n**A:** Check out [this post.](https://www.reddit.com/r/Ravencoin/comments/mxhtfx/the_big_whale/gvojahs?utm_source=share&utm_medium=web2x&context=3)\n\n**Q: "When will Coinbase list Ravencoin?"**\n\n**A:** All major work has been done to be eligible for Coinbase to list Ravencoin and the application has been resubmitted to them. Hopefully we hear good news soon.\n\n**Q: "Will** [**EIP 1559**](https://bravenewcoin.com/insights/ethereum-news) **make Ethereum miners switch to mining Ravencoin?"**\n\n**A:** Potentially. Redditor /u/ancymon85 recommended [this video](https://www.youtube.com/watch?v=sW_BArrLfoc) to understand more about the potential switch from ETH to RVN.\n\n**Q: "500 RVN for the creation of an asset seems quite high. Will this be changed? Can\'t it be linked to fiat?"**\n\n**A:** For an answer to this I would highly suggest reading [Tron Black\'s post](https://tronblack.medium.com/ravencoin-asset-issuance-cost-52b553c507cb) regarding this. He goes into detail about each suggestion that was proposed and lists the pros and cons of each.\n\n**Q: "Can I stake Ravencoin?"**\n\n**A:** Kind of! Check out [this](https://kentbull.com/2021/05/19/using-the-prvn-bep-20-ptoken-from-pnetwork-and-opendao/)\n\n**Wallet Questions**\n\n**Q: "I just received something called a SCAMCOIN/RAVENCOINCASH/RVNASSETSFORSALE.COM (etc) in my wallet. What is it?"**\n\n**A:** Someone sent you an unsolicited asset. Effectively, spam. Much like someone sending you a spam e-mail. If you do not want them, you can send them to the burn address: RXBurnXXXXXXXXXXXXXXXXXXXXXXWUo9FV\n\nAlternatively, see next question.\n\n**Q: "Is there a way of filtering out/blocking spam assets?"**\n\n**A:** Yes! The new [electrum wallet](https://www.reddit.com/r/Ravencoin/comments/nr5wqy/electrumravencoin_030_release/) supports filtering out of assets :).\n\n**Mining questions**\n\n**Q: "Can I mine ETH and get paid in RVN?"**\n\n**A:** Yes, I would suggest [MiningPoolHub](https://www.miningpoolhub.com/), [Unmineable](https://www.unmineable.com/) or something similar. This is a mining pool auto-exchange, meaning you can mine one coin and get paid in another.\n\n**Q: "Is it better to mine RVN directly?"**\n\n**A:** By mining RVN directly you are supporting the Ravencoin network; it helps a lot. If you want to help the network and don\'t mind earning slightly less then mining Ravencoin directly is the best move.\n\n**Q: "Is mining Ravencoin profitable for my card?"**\n\n**A:** More than likely, yes. Ravencoin can be mined with most cards, even ones with 4GB of memory. Go to [What To Mine](https://www.whattomine.com/) and select your card there to see expected earnings. (Please note, your card might not be on that website but that doesn\'t mean it isn\'t profitable or supported. Instead, have a look at a similar powered card to get a rough idea of the profitability.)\n\n# Previous weeks\n\n[https://www.reddit.com/r/Ravencoin/search?q=Skepticism%20Sunday&restrict\\_sr=1&sort=new](https://www.reddit.com/r/Ravencoin/search?q=Skepticism%20Sunday&restrict_sr=1&sort=new)', 'https://www.reddit.com/r/Ravencoin/comments/o8k0ni/skepticism_sunday_discuss_questionsconcernsdoubts/', 'o8k0ni', [['u/MattTheKatt', 10, '2021-06-27 02:18', 'https://www.reddit.com/r/Ravencoin/comments/o8k0ni/skepticism_sunday_discuss_questionsconcernsdoubts/h35tdwk/', 'Idc about coinbase listing, I’ll keep mining until the next bull market comes', 'o8k0ni']]], ['u/DangerTomatoes', 'What are you eyeing for the next bear market and why?', 56, '2... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
34434.34, 35867.78, 35040.84, 33572.12, 33897.05, 34668.55, 35287.78, 33746.00, 34235.20, 33855.33
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['By Alexander Zaitchik, Jeanhee Kim, Kelly Le and Angie Lau, Forkast.News. First in a series produced by Forkast.News with support from the Judith Neilson Institute\x92s Asian Stories project. There is no stage bigger than the Olympics, for the athletes and the host country. Modern China announced its arrival 13 years ago when 2,008 synchronized drummers performed at the Beijing Summer Olympics opening ceremonies. In February, China is expected to use the Beijing Winter Olympics to unveil a creation of intense international interest: the digital yuan, the first major central bank digital currency, or CBDC. Consumers are unlikely to notice much difference shopping with e-CNY, as the currency is officially known. It will be worth the same as cash and will activate with a tap, swipe or QR code. But the questions this form of money raises are profound. As governments around the world move to phase out physical cash, what will become of financial privacy? How will state-sponsored digital money affect China\x92s economy, its trading relationships and \x96 most weighty of all \x96 the future of the global financial system now dominated by the United States and the dollar? Related: Huobi Reveals Countries Where It Has Halted Derivatives Trading \x93The question is not whether China\x92s CBDC will upend the current rules of global trade and commerce,\x94 said Pauline Loong, director of Hong Kong-based research consultancy Asia-analytica. \x93The only question is how far-reaching the ramifications will be across issues related to who controls access to capital and its movements.\x94 But for all of the digital yuan\x92s consequence, it is a toe peeking out from a giant red curtain. Behind is an ambitious and largely invisible infrastructure program to rewire the country and its economy with a distributed ledger technology known as blockchain. China has moved deliberately to secure first-mover advantage in what it believes is the future of the internet. Story continues If the digital yuan is Beijing\x92s tender for the digital frontier, its blockchain initiative is its bid to build the railroads. A new money The story of how China came to settle the technological frontier begins with the 2008 financial crisis. Just one month after the Summer Olympics, an underregulated U.S. financial sector tripped the world into recession. It was a vulnerability that China decided it was no longer willing to accept. As the crisis was unfolding, then-President Hu Jintao called upon like-minded nations at the G20 summit to \x93steadily promote the diversification of the international monetary system.\x94 Related: Is China Opting Out of Crypto? Feat. Dovey Wan Receiving a muted response, China forged ahead in creating parallel institutions to those dominated by the U.S. In 2010, when Washington\x92s sanctions effectively locked Iran out of the international financial system, China\x92s focus on cross-border currency flows intensified. By then, domestic concerns were spurring creative thinking around monetary policy. One was how to get 400 million \x93underbanked\x94 Chinese out of poverty. E-commerce giant Alibaba introduced a mobile payment system in 2008, taking advantage of the country\x92s high rates of smartphone adoption: By 2015, 800 million Chinese would be using smartphones, according to the Pew Research Center. But such private payment systems left the Bank of China on the sidelines and did little for rising Communist Party leader Xi Jinping\x92s anti-corruption strategy, which required closer state monitoring of money. Then, around 2012, regulators began to observe strange patterns in power grids across the country. From Xinjiang to Inner Mongolia, huge amounts of electricity were surging into warehouses packed with powerful computers and colossal servers. The processors were crunching numbers to produce \x97 or \x93mine\x94 \x97 a new kind of money called bi te bi in Mandarin.\xa0 At their peak in the late-2010s, Chinese miners are thought to have produced 95% of the world\x92s bi te bi , or bitcoin . This money had no connection to a bank or any centralized authority at all. It was entirely digital and uniquely secure. Every transaction was broadcast to every computer within a network for confirmation and recorded permanently in a long series of distributed ledger entries, or blocks. Chinese officials grasped the implications of this unregulated activity immediately. In 2014, its Peoples\x92 Bank of China (PBOC) began studying the possibility of a government version of Bitcoin. With each passing year, the disappearance of paper yuan from the economy made the idea more plausible. By 2019, PwC reported, 96% of Chinese regularly shopped online. \x93Before many governments even knew the basics of Bitcoin, Chinese authorities started to take leadership in the security of the network on the mining side,\x94 said Ian Wittkopp, vice president at Beijing-based Sino Global Capital. \x93This led to the development of a strong blockchain and crypto ecosystem.\x94 By October 2020, the digital yuan was ready for pilot testing among China\x92s masses. All told, 750,000 people chosen by lottery were given 150 million e-CNY (US$23 million) to spend at roughly 70,000 bricks-and-mortar businesses plus a slew of online retailers. Six months later, new trials allowed open participation. This marked the first monitored release of the digital yuan into the wild. By June, nursing homes in Chengdu were teaching elderly residents how to use the new money. Such care and expense are necessary to ensure the Olympics debut is as well-rehearsed as those 2,008 drummers, according to Peter Cai, who studies China\x92s economy and trade policy at the Lowy Institute in Sydney.\xa0\x93The cost of getting something wrong on this is tremendous,\x94 he said. \x93Chinese officials are right to talk about the digital currency as if it\x92s a new frontier. What are the full implications for financial, banking and payment systems, or the conduct of a monetary policy? I don\x92t think anybody has a firm grip on that. And that includes China.\x94 The next internet During two decades of historic economic growth, China has had a mixed record on high technologies. It has struggled to attain self-sufficiency \x96 never mind dominance \x96 in the production of semiconductors and chips. It was ahead of the curve on 5G broadband but lags behind the West in fields of arguably greater strategic value, such as artificial intelligence. When it comes to blockchain, China appears to\xa0have taken a lead in a technology of consequence. After President Xi in 2019 promised blockchain would \x93lead the next wave of the digital transformation of China,\x94 thousands of companies reportedly initiated blockchain projects related to everything from retail banking to global shipping and supply chains. This profusion of activity continues apace. Said Wittkopp, \x93It\x92s a field of one. No other country is even close.\x94 These projects are transforming a digital ecosystem that was already among the world\x92s most sophisticated, according to a recent McKinsey study. China has 850 million internet users and more than a quarter of the world\x92s most successful startups.\xa0One of them is Hangzhou-based Ant Group. The financial services giant has over 50 blockchain-based decentralized apps, or dapps, in areas such as shipping, insurance claim processing and charitable donations. Internet search firm Baidu, the Google of China, has 20 dapps, including one that has handled 35 million pieces of electronic evidence for China\x92s \x93Internet Court.\x94 It\x92s not just tech companies staking territory on the blockchain frontier. A division of the Industrial and Commercial Bank of China has developed dapps for retail and corporate use. Insurance giant Ping An uses them to finance public-works projects. A dapp used by the China Construction Bank has helped local banks facilitate $134 billion in loans. \x93Blockchain will make our tech and our society work better,\x94 said Yifan He , blockchain evangelist and CEO of engineering firm Red Date Technology. \x93It can make all the IT systems in the world communicate like they are in one room.\x94 He predicts in 10 years all transactions that require more than two parties will be blockchain-based. The state of blockchain today is like the internet of 1993, He said. Back then, most companies could not afford the entry costs of the nascent internet (which began as a public infrastructure project overseen by the U.S. Defense Department). In April 2020, China formalized its bet on blockchain by creating the Blockchain-based Service Network, or BSN, managed by Red Date. It is an infrastructure platform that allows private entities, especially small and medium-sized businesses, to overcome the two biggest barriers to entry \x96 interoperability and prohibitive costs. \x93We built everything for you already; you just connect to it and work on your smart contract,\x94 said He, who claims the development cost of a simple dapp within the BSN could be as little as 1% of commercial blockchain. By its first anniversary in April 2021 the BSN had attracted 20,000 users and more than 2,500 projects across 120 \x93nodes\x94 throughout China plus Johannesburg, Northern California, Paris, São Paulo, Singapore, Sydney and Tokyo. S-Labs, a Beijing startup, has used it to develop applications that have helped over 5,000 SMEs find more than 500 million yuan in loans during the pandemic. S-Labs Chief Technology Officer Li Ming said the BSN is easy to use because it meets Chinese government standards and helps them find customers. \x93The biggest convenience of BSN is its brand effect.\x94 And if He has his way, today\x92s youth will be the first blockchain-native generation. This fluency is already being developed in high schools where the BSN is exploring how to teach students, including by holding programming contests with cash prizes. \x93Blockchain should be a basic skill, **Last 60 Days of Bitcoin's Closing Prices:** [53555.11, 57750.18, 57828.05, 56631.08, 57200.29, 53333.54, 57424.01, 56396.52, 57356.40, 58803.78, 58232.32, 55859.80, 56704.57, 49150.54, 49716.19, 49880.54, 46760.19, 46456.06, 43537.51, 42909.40, 37002.44, 40782.74, 37304.69, 37536.63, 34770.58, 38705.98, 38402.22, 39294.20, 38436.97, 35697.61, 34616.07, 35678.13, 37332.86, 36684.93, 37575.18, 39208.77, 36894.41, 35551.96, 35862.38, 33560.71, 33472.63, 37345.12, 36702.60, 37334.40, 35552.52, 39097.86, 40218.48, 40406.27, 38347.06, 38053.50, 35787.25, 35615.87, 35698.30, 31676.69, 32505.66, 33723.03, 34662.44, 31637.78, 32186.28, 34649.64] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2021-06-28 **Financial & Commodity Data:** - Gold Closing Price: $1779.60 - Crude Oil Closing Price: $72.91 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $648,237,092,250 - Hash Rate: 86205204.22995861 - Transaction Count: 217898.0 - Unique Addresses: 580308.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.25 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: After a bullish day for the majors on Wednesday, it’s been a mixed start to the day for Bitcoin and the broader crypto market on Thursday. At the time of writing, Bitcoin , BTC to USD, was down by 0.90% to $33,388.1. A mixed start to the day saw Bitcoin rise to an early morning current day high $33,869.0 before hitting reverse. Falling well short of the first major resistance level at $35,049, Bitcoin slid to a mid-morning current day low $32,343.0. Steering clear of the first major support level at $32,061, Bitcoin moved back through to $33,000 levels to limit the morning losses. The Rest of the Pack It’s been a mixed morning for the broader crypto market. Ethereum bucked the trend early on, falling by 1.03% to join Bitcoin in the red. It’s been a bullish morning for the rest of the majors, however. Bitcoin Cash SV and Cardano’s ADA led the way through the morning, with gains of 6.08% and 6.96% respectively. Binance Coin (+2.72%), Crypto.com Coin (+3.22%), Litecoin (+2.34%), and Ripple’s XRP (+1.94%) also found relatively strong support. Chainlink (+0.97%) and Polkadot (+0.20%) trailed the front runners, however. Through the early hours, the crypto total market rose to an early morning high $1,346bn before falling to a low $1,286bn. At the time of writing, the total market cap stood at $1,334bn. Bitcoin’s dominance rose to an early high 47.20% before falling to a low 46.74%. At the time of writing, Bitcoin’s dominance stood at 46.86%. For the Day Ahead Bitcoin would need to move back through the $33,420 pivot to support a run at the first major resistance level at $35,049. Support from the broader market would be needed, however, for Bitcoin to break back through to $34,000 levels. Barring an extended crypto rally, the first major resistance level would likely cap any upside. In the event of an extended crypto rally, Bitcoin could test resistance at $37,000 levels. The second major resistance level sits at $36,408. Failure to move back through the $33,420 pivot would bring the first major support level at $32,061 back into play. Story continues Barring crypto meltdown through the afternoon, however, Bitcoin should steer clear of sub-$30,000 support levels. The second major support level at $30,432 should limit the downside. Looking beyond the support and resistance levels, the 50 EMA has failed to narrow on the 100 and the 200 through the morning, supporting the morning pullback. We have also seen the 100 EMA flat on the 200 EMA adding further downward pressure. A narrowing of the 50 EMA on the 100 EMA, however, would bring $35,000 levels into play. Key going into the afternoon will be a move through Wednesday’s high $34,778 to give the bulls a run at $37,000 levels. This article was originally posted on FX Empire More From FXEMPIRE: EUR/USD Price Forecast – Euro Continuing to Hang Around 200 Day EMA NZD/USD Forex Technical Analysis – Holding .7027 Could Create Upside Momentum Needed to Challenge .7083 USD/JPY Price Forecast – US Dollar Pulls Back Against Yen Winklevoss Twins Endeavor to Make Bitcoin More Sustainable EUR/USD Mid-Session Technical Analysis for June 24, 2021 Silver Price Daily Forecast – Silver Moves Higher As Support At $25.80 Remains Strong... - Reddit Posts (Sample): [['u/meious', 'I have seen an abundant amount of posts from ShibArmy soldiers asking what something is, how it works and to dumb-it-down for them. Have no fear, I will explain in simple terms and cover things like leash, Shiba and bone and their importance to Shibaswap.', 1806, '2021-06-28 00:19', 'https://www.reddit.com/r/SHIBArmy/comments/o970bt/i_have_seen_an_abundant_amount_of_posts_from/', 'ShibaSwap: is a place where people can swap ECR20 tokens. Shiba, Leash, Bone are all tokens. So are Tether, Wrapped Bitcoin and Binance to name a few. Tokens are not coins, coins are Ethereum, Bitcoin and Litecoin to name a few.\n\nWhy is this important? Shibaswap is a place for people to trade (swap) their ERC-20 Tokens. So you will be able (or anyone in the world) to swap Ethereum for Wrapped Bitcoin or USDC for any ERC-20 token (these are just examples, there will be many other options for people to choose from).\n\nSimply put, it is a trading system.\n\nHow does Staking work in Shibaswap and which one is the best? There are three options to choose from and each one offers different benefits. It is up to you to decide which one works best with what you are trying to accomplish (your long term goals). \n\nTHIS IS IMPORTANT, SO READ IT TWICE AND LET IT SINK IN\n\nStaking Shiba (Bury): When you stake Shiba Tokens, you will get three rewards for doing so. The first reward you get is Bone (3% to the staking pool) which is a ERC-20 Token. Getting bone is nice and I will explain the reason why further down, BUT, You get Bone for just about everything you do on the site.\n\nThe second reward is Ethereum. This is a very important reward because when you stake Shib AND ONLY Shib, you get a % of ALL…..ALL…..ALL…..ALL!!!!!!!!!!! Of the Ethereum transaction fees (gas) that occurs on the ENTIRE Shibaswap site. Why is that so important? EVERYTHING on Shibaswap requires a Ethereum gas fee! Everything! Let that sink in….\n\nThe third reward is you also get .05% of all other transactions that occurs on the Shibaswap site that don’t include ETH, WBTC, DIA, USDT and USDC. Which means if John swaps Binance token with Jane for her Doge token on the Shibaswap site, you will get a % of that transaction as a reward in Shiba token. This is important because this allows you to increase the size of your Shiba token share, which in turn (if you re-stake it) will increase your % of rewards you get back.\n\nStaking Leash (Bury): When you stake Leash Tokens, you get two rewards for doing so. The first is Bone (1% to the staking pool), as stated above, it is nice to get, but you will get it as a reward for just about everything you do on the site.\n\nThe second reward (and the most important in my opinion) is you get .05% of all swap fees that don’t include ETH, WBTC, DAI, USDT and USDC (same example as with the Shib) but it gets returned to you in the form of Leash. Why is this important? Leash is the smallest issued token on the Shibaswap network. Which means that the value of it will be and remain way down the road, the most valuable token you can earn through staking since there is a limited supply. Staking Leash is the only way to EARN leash (or you can buy it out-right).\n\nStaking Bone (bury): When you stake Bone Tokens, you get two rewards for doing so. The first is Bone of course! The second is also Bone! You will get rewarded with Bone each time a new Bone is minted and a % (0.05) of all swap transactions that happen on the site excluding ETH, WBTC, DAI, USDT and USDC. Why is bone important? There are (as of this moment, this may change down the road) two reasons why Bone is important. First, you have to own Bone to be able to vote on future changes to the Shibaswap Site. The more you own, the bigger your input is valued! The second reason is because you need it to participate in the liquidity pool (which has its own rewards).\n\nWith me so far? So which one is the best to do? The answer is all of them! Each one offers a different benefit, Staking Shiba gets you ETH (which a very valuable coin). Staking Leash, gets you more Leash, which is in short supply (and is at the time of writing this, worth more than ETH). Staking Bone gets you more Bone, which you will need to vote with and to provide in liquidity pools (see the benefits of liquidity pools below). Now….lets move on to Liquidity pools (Digging).\n\nWhat are Liquidity pools? Liquidity pools are used to process the transactions (swaps) between two Tokens. For example, John wants to trade (swap) his Ethereum coins for Shiba. He would then go to that option in Shibaswap (Shib-ETH pool) and trade (swap) those tokens. But, WHO is he trading (swapping) with? The answer is no one. There isn’t another person waiting in the winds with their Shiba to trade him. Instead, you (the liquidity provider) give him the Shiba Tokens he wanted and take his ETH (or rather, the POOL does) and you are part of that pool. In the liquidity pool, you provide both ETH and Shib to be used in these transactions.\n\nShiba Liquidity Pools (DIG): When you put your Shiba Tokens into the ETH-SHIBA liquidity pool you will earn one reward. It is in the form of a special token called an SSLP (ShibaSwapLiquidityPool). You can use that SSLP token to deposit into (Woof) another staking program which rewards you with Bone. The amount of SSLP tokens you receive is based on how much liquidity you provide to the pool. It is not a passive reward, which means you only get it each time you deposit more of your SHIB/ETH into the pool (this goes the same for Leash and Bone pools).\n\nLeash Liquidity Pools (DIG): Putting your Leash Tokens into the LEASH-ETH pool with earn you three rewards (remember early I stated that earning Leash was important) The first reward is SSLP tokens. \n\n(IMPORTANT) The second reward the pool gets .1% of all WBTC swap transactions that occur on the Shibaswap site. \n\nThe third (also important) reward is .1% of all USDC transactions that happen on the Shibaswap site. \n\nWhy are these important? Because WBTC is Wrapped Bitcoin which has a value that matches Bitcoin! So if Bitcoin is at $30,000.00 per coin, then WBTC is also valued at 30K, and you, as a pool member, will get a % of that transaction returned to you in Wrapped bitcoin. USDC is also important because it is one of the most commonly used tokens that people trade with (the more common of a transaction, the more rewards). Why is it common? Most people who buy and sell crypto on a regular basis (non-Hodlers) will buy a coin/token when it dips, then sell it (swap it) for a stable coin (USDC) when that token hits his/her target selling price. Then they rinse and repeat this action over and over again. Every time they do this, the pool (you are part of this pool) gets a piece of the cake!\n\nBone Liquidity Pools (DIG): Putting your Bones to work in a BONE-ETH pool earns you three rewards. You will get SSLP token as your first reward.\n\nThe second and third rewards are .1% of all DAI and .1% of all USDT swap transactions that occur on the Shibaswap site are given to the pool members as a reward. DAI and USDT are both stable coins. These two tokens are very popular with (non-Hodlers) when they swap the dips and highs (just like the Leash example).\n\nWhy is there a bonus for people who put their ETH/SHIB, ETH/LEASH and ETH/BONE into the liquidity pools during the first two weeks of the Shibaswap launch and why is it important?\n\nThe swap can’t function at all of there is no liquidity (Shib, Leash, Bone and Ethereum) for people to actively swap with-in the pools. When you stake (Bury) your crypto, you are only mining (for a simpler term) the new blocks being made. You aren’t helping the SWAP part of Shibaswap. When you put your tokens into the pools, you are actually making the SWAP part of Shibaswap possible. \n\nWhich is better to do? They all have equal importance. It is up for you to decide which one(s) help you get to your long time goals and which rewards you value most. You can do all 6, just one or mix and match what you like. There is no wrong or right way. \n\nI hope this helps some of you make it to the Moon!', 'https://www.reddit.com/r/SHIBArmy/comments/o970bt/i_have_seen_an_abundant_amount_of_posts_from/', 'o970bt', [['u/dogbuyer', 140, '2021-06-28 00:25', 'https://www.reddit.com/r/SHIBArmy/comments/o970bt/i_have_seen_an_abundant_amount_of_posts_from/h39bme3/', 'Read this multiple times folks. And thank you for giving your time in writing this for the community', 'o970bt'], ['u/Blue3Valentine', 12, '2021-06-28 00:30', 'https://www.reddit.com/r/SHIBArmy/comments/o970bt/i_have_seen_an_abundant_amount_of_posts_from/h39c65g/', 'Thanks for writing and explain it all 🙏🏼 this is the way', 'o970bt'], ['u/sirdrinksalotless', 67, '2021-06-28 00:44', 'https://www.reddit.com/r/SHIBArmy/comments/o970bt/i_have_seen_an_abundant_amount_of_posts_from/h39dn0q/', '“SOMEBODY GET THIS MAN A SHIELD!”', 'o970bt'], ['u/perryindc', 91, '2021-06-28 00:53', 'https://www.reddit.com/r/SHIBArmy/comments/o970bt/i_have_seen_an_abundant_amount_of_posts_from/h39emdw/', "Thank you!!' Very well explained. Needs to be pinned to the top of this sub.", 'o970bt'], ['u/Acrobatic_Feature737', 18, '2021-06-28 01:42', 'https://www.reddit.com/r/SHIBArmy/comments/o970bt/i_have_seen_an_abundant_amount_of_posts_from/h39jwz1/', 'Thank you for taking the time to write this! I was trying to figure out a few things amd I hope you dont mind me asking. First as far as rewards for burrying- the first 33% is paid out in weekly installments- correct? And on the topic of staking what happens to the 67% that is locked for 6 months should I decide to unstake early? I see the majority of people plan on burrying only, but I am trying to figure out what a good initial ratio of digging / burrying would be for Shib tokens in order to get some bone working early- Dig 20%, bury 80%? Thanks again!!', 'o970bt'], ['u/SenorSalisbur... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
35867.78, 35040.84, 33572.12, 33897.05, 34668.55, 35287.78, 33746.00, 34235.20, 33855.33, 32877.37
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['Megabank Morgan Stanley has purchased 28,289 shares of Grayscale Bitcoin Trust through its Europe Opportunity Fund, according to a U.S. Securities and Exchange Commission filing . Morgan Stanley has been increasingly active in the cryptocurrency space in recent months to meet growing demand from its clients. In April , the firm allowed a handful of its funds to invest indirectly in bitcoin through cash-settled futures contracts and Grayscale’s Bitcoin Trust, including the Institutional Fund, Institutional Fund Trust, Insight Fund and Variable Insurance Fund. Each fund may invest up to 25% of its assets in bitcoin, according to earlier SEC filings. The Europe Opportunity Fund includes a mix of Europe-based companies in the technology and non-technology space, and other investments. Related: Bitcoin’s ‘Puell Multiple’ Flashes Misleading Bullish Signal as China Bans Mining In March, Morgan Stanley debuted bitcoin investment fund products for high-net-worth clients and began recruiting for a cryptocurrency and blockchain lead analyst. Grayscale is owned by CoinDesk parent company Digital Currency Group. Related Stories Bitcoin Gathers Upside Momentum, Faces Resistance Near $40K UK Court Orders Bitcoin.org to Remove White Paper Following Craig Wright Lawsuit Market Wrap: Cryptocurrencies Rise Despite Binance UK Warning', 'Megabank Morgan Stanley has purchased 28,289 shares of Grayscale Bitcoin Trust through its Europe Opportunity Fund, according to a U.S.Securities and Exchange Commission filing.\nMorgan Stanley has been increasingly active in the cryptocurrency space in recent months to meet growing demand from its clients.In April, the firm allowed a handful of its funds to invest indirectly inbitcointhrough cash-settled futures contracts and Grayscale’s Bitcoin Trust, including the Institutional Fund, Institutional Fund Trust, Insight Fund and Variable Insurance Fund.\nEach fund may invest up to 25% of its assets in bitcoin, according to earlier SEC filings. The Europe Opportunity Fund includes a mix of Europe-based companies in the technology and non-technology space, and other investments.\nRelated:Bitcoin’s ‘Puell Multiple’ Flashes Misleading Bullish Signal as China Bans Mining\nIn March, Morgan Stanley debuted bitcoin investment fund products forhigh-net-worth clientsand began recruiting for a cryptocurrency and blockchain lead analyst.\nGrayscale is owned by CoinDesk parent company Digital Currency Group.\n• Bitcoin Gathers Upside Momentum, Faces Resistance Near $40K\n• UK Court Orders Bitcoin.org to Remove White Paper Following Craig Wright Lawsuit\n• Market Wrap: Cryptocurrencies Rise Despite Binance UK Warning', 'Megabank Morgan Stanley has purchased 28,289 shares of Grayscale Bitcoin Trust through its Europe Opportunity Fund, according to a U.S.Securities and Exchange Commission filing.\nMorgan Stanley has been increasingly active in the cryptocurrency space in recent months to meet growing demand from its clients.In April, the firm allowed a handful of its funds to invest indirectly inbitcointhrough cash-settled futures contracts and Grayscale’s Bitcoin Trust, including the Institutional Fund, Institutional Fund Trust, Insight Fund and Variable Insurance Fund.\nEach fund may invest up to 25% of its assets in bitcoin, according to earlier SEC filings. The Europe Opportunity Fund includes a mix of Europe-based companies in the technology and non-technology space, and other investments.\nRelated:Bitcoin’s ‘Puell Multiple’ Flashes Misleading Bullish Signal as China Bans Mining\nIn March, Morgan Stanley debuted bitcoin investment fund products forhigh-net-worth clientsand began recruiting for a cryptocurrency and blockchain lead analyst.\nGrayscale is owned by CoinDesk parent company Digital Currency Group.\n• Bitcoin Gathers Upside Momentum, Faces Resistance Near $40K\n• UK Court Orders Bitcoin.org to Remove White Paper Following Craig Wright Lawsuit\n• Market Wrap: Cryptocurrencies Rise Despite Binance UK Warning', "Market Shock Demonstrates the Importance of Stablecoins Singapore, Singapore--(Newsfile Corp. - June 29, 2021) - Stablecoins are currently entering a new phase of development. They are playing an increasingly important role, within both the traditional crypto-world and also in cross-border payments. Unlike the traditional over-collateralized stablecoin, the release of the new stablecoin protocol Mars Ecosystem has developed brings a new option to the table. Mars Ecosystem To view an enhanced version of this image, please visit: https://orders.newsfilecorp.com/files/7987/88996_bd91eb4fd43b0b5d_001full.jpg Mars Ecosystem - as proposed by MarsDAO - intends to bring a paradigm shift to the current stablecoin systems. The protocol proposed for the Mars Stablecoin (USDM) is fully decentralized, price-stable, capital-efficient as well as being highly scalable. With this the Mars Treasury has the potential to become the 'central bank' of the the DeFi world. Mars Ecosystem will operate through three integrated protocols: Mars Treasury, Mars Stablecoin, and Mars DeFi. The combination of these protocols ensures that USDM is minted and utilized within its native ecosystem. Mars DeFi is significant as it allows brings a native platform for users to maximize both profit and growth of their assets. An Initial NFT Offering Mars Ecosystem has developed an NFT which will be available to community co-builders and users who participate in community activities. Futher information regarding the Mars Ecosystem NFT has yet to be disclosed. With the launch of the Binance NFT market there is the possibility that Mars Ecosystem will develop further NFTs. The addition of this NFT intends to bring next-level creativity to this decentralized central bank protocol. How does Mars Ecosystem work? Mars Ecosystem has two native tokens, the stablecoin USD-Mars (USDM), and a governance token - Mars Ecosystem Token (XMS). The minting process of USDM works in a way that allows the stablecoin to be minted at a 1:1 ratio to the USD value of the collateral. $1 of any whitelisted asset will mint 1USDM. Whitelisted assets have been divided into the following five levels: Stablecoins Digital Gold (BTC) Layer-1 Leaders (ETH, BNB, etc.) DeFi Blue Chips (UNI, AAVE, etc.) Mars Ecosystem Token (XMS) The volatility of the assets increases gradually between level one and level five. Mars Treasury will determine the maximum proportion accepted for any given asset to be held within the treasury in proportion to the given asset's volatility. The higher the volatility of an asset, the lower the maximum accepted proportion within the Mars Treasury. Story continues The redemption of USDM also is also done through the Mars Treasury. For each USDM deposited the user will receive the dollar value in Mars Ecosytem Token (XMS). The asymmetrical mint/redeem mechanism is crucial as it prevents the 'bank run' issue - recently seen with the TITAN token on the Polygon network. Mars Ecosytem have also implemented further security controls into the protocol. As well as the asymmetric Mint/Redeem mechanism - there is also a Mintage Control Mechanism. The maximum circulating supply of USDM is to be determined by the Market Cap of XMS. If the support ratio for XMS is 3, then the Market Cap of XMS will be 3x the maximum USDM minted. The ratio is expected to change in the future if proposed and successfully passed by the DAO. How does USDM achieve price stability? The asymmetric nature of the USDM mint/redeem mechanism allows excellent arbitrage opportunities and constant liquidity. This liquidity and arbitrage opportunity allows USDM to achieve market-initiated value reversion as it fluctuates up or down from its $1 peg. If there is a premium on the USDM that exceeds $1 in the open market, users can deposit an asset to the Mars Treasury which will mint the USDM with the same dollar value - the minting ratio will be 1:1 but the user is free to exchange the token at the higher rate on the open market and take profit. As people take advantage of the arbitrage opportunity the price will soon stabilize back at $1. Similarly, if the USDM has a negative premium, users can buy the USDM at a price below $1. When depositing USDM in the Mars Treasury they will receive equal dollar value to the deposit, allowing for profit to be made on both sides. As people buy USDM to take advantage of this opportunity the price will quickly stabilize again. With this mechanism in place there will be room for arbitrage when the entire USDM deviates in value in either direction. The existence of this arbitrage mechanism ensures that any deviation from the $1 peg will quickly be corrected allowing for the stablecoin to be truly stable. Traditional lending based stablecoin protocols such as MakerDAO allow the collateral assets in the agreement to be redeemed at any given time. The ownership still belongs to the user. Deposit collateral asset to mint stablecoin, deposit stablecoin to release collateral. Mars Ecosystem have looked into the negative aspects of traditional protocols and created a mechanism that avoids the risks associated with them. Once the collateral asset is deposited in the Mars Ecosystem protocol they can no longer be redeemed directly, which is different from the traditional 'collateral-generating' stablecoins. At the same time, Mars can effectively avoid a perpetual downward spiral due to the organic arbitrage opportunity. This allows USDM to become a truly decentralized stablecoin that can grow securely and rapidly, both organically and without risk. When is the Protocol Going Live? During the last week of June or early July Mars Ecosystem will release its USDM stablecoin during a celebratory 'Genesis Launch' event - details of this will be published shortly. The launch will include the Mars Treasury going live, allowing users to mint and redeem USDM. It will also include the introduction of liquidity pools and reward **Last 60 Days of Bitcoin's Closing Prices:** [57750.18, 57828.05, 56631.08, 57200.29, 53333.54, 57424.01, 56396.52, 57356.40, 58803.78, 58232.32, 55859.80, 56704.57, 49150.54, 49716.19, 49880.54, 46760.19, 46456.06, 43537.51, 42909.40, 37002.44, 40782.74, 37304.69, 37536.63, 34770.58, 38705.98, 38402.22, 39294.20, 38436.97, 35697.61, 34616.07, 35678.13, 37332.86, 36684.93, 37575.18, 39208.77, 36894.41, 35551.96, 35862.38, 33560.71, 33472.63, 37345.12, 36702.60, 37334.40, 35552.52, 39097.86, 40218.48, 40406.27, 38347.06, 38053.50, 35787.25, 35615.87, 35698.30, 31676.69, 32505.66, 33723.03, 34662.44, 31637.78, 32186.28, 34649.64, 34434.34] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2021-06-29 **Financial & Commodity Data:** - Gold Closing Price: $1762.80 - Crude Oil Closing Price: $72.98 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $680,991,545,062 - Hash Rate: 89177797.47926754 - Transaction Count: 205616.0 - Unique Addresses: 566351.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.25 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: AutoZone, Inc. AZO reported earnings of $26.48 per share for third-quarter fiscal 2021 (ended May 8, 2021), up from the prior-year figure of $14.39. The bottom line also surpassed the Zacks Consensus Estimate of $19.35. Robust comparable sales growth led to this outperformance. Net income climbed 73.9% year over year to $596.2 million. Net sales also increased 31.4% year over year to $3,651 million. The top line, moreover, topped the Zacks Consensus Estimate of $3,176 million. For the reported quarter, domestic commercial sales totaled $828.6 million, up from $573.8 million recorded in the year-ago period. In addition, domestic same-store sales (sales at stores open at least for a year) climbed 28.9% year over year. Gross profit increased to $1,914.9 million from the prior-year quarter’s $1,490.6 million. Operating profit also surged to $803.5 million from $491.7 million registered in the year-earlier period. Store Opening & Inventory During the fiscal third quarter, AutoZone opened two stores in the United States, seven in Mexico and one in Brazil. It exited the quarter with 5,975 stores in the United States, 635 in Mexico and 47 in Brazil. Total store count was 6,657 as of May 8, 2021. AutoZone’s inventory improved 5.1% year over year for the reported quarter on store openings and increased product placement. At quarter-end, inventory per location was $701,000, up from the year-ago figure of $685,000. Financials and Share Repurchases AutoZone had cash and cash equivalents of $975.6 million as of May 8, 2021, up from $509.1 million on May 9, 2020. Total debt amounted to $5,267.9 million as of May 8, 2021, marking a decrease from $5,418.3 million on May 9, 2020. For the fiscal third quarter, AutoZone repurchased 663,328 shares for $900 million at an average price of $1,357 per share. The company has shares worth $1.3 billion remaining in the current repurchase authorization. AutoZone — whose peers include Advance Auto Parts AAP, CarMax KMX and O’Reilly Automotive Inc. ORLY — currently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here . Story continues Bitcoin, Like the Internet Itself, Could Change Everything Blockchain and cryptocurrency have sparked one of the most exciting discussion topics of a generation. Some call it the “Internet of Money” and predict it could change the way money works forever. If true, it could do to banks what Netflix did to Blockbuster and Amazon did to Sears. Experts agree we’re still in the early stages of this technology, and as it grows, it will create several investing opportunities. Zacks has just revealed 3 companies that can help investors capitalize on the explosive profit potential of Bitcoin and the other cryptocurrencies with significantly less volatility than buying them directly. See 3 crypto-related stocks now >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report OReilly Automotive, Inc. (ORLY) : Free Stock Analysis Report Advance Auto Parts, Inc. (AAP) : Free Stock Analysis Report AutoZone, Inc. (AZO) : Free Stock Analysis Report CarMax, Inc. (KMX) : Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
35040.84, 33572.12, 33897.05, 34668.55, 35287.78, 33746.00, 34235.20, 33855.33, 32877.37, 33798.01
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ["LOS ANGELES, CA / ACCESSWIRE / June 29, 2021 /The Private Business Club, Shkilev, an advanced wealth building and networking platform designed to help people leverage their personal standing, has officially launched this week.\nIn conjunction with the up-and-coming premier PR firm, Shkilev, is on a mission to make wealth building strategies accessible to everyone. The Shkilev firm is a new kind of PR and investment platform poised to change people's lives by offering social media, PR, investment, and media support throughout a wide range of social media sites, including Asian sites like WeChat and Kakaotalk.\n“For those who want to market and spread awareness on their brand, product, or service, their extensive team is available and at-the-ready,” said Nikolay Shkilev. “We bring a collective expertise from media, PR, social media marketing, investing, and blockchain to the forefront of what we do every day, helping people to secure passive income and massive online exposure. It's what we love to do.”\nToday, Shkilev offers VIP marketing, advice, investment support, and listing on cryptocurrency exchanges for clients. The team works with a network of 200k+ bloggers and the top PR brands in the world, including Business Insider, Bitcoin.com, Entrepreneur Magazine, and The New York Times.\nBy utilizing an extensive network of influencers, positioned around the world, Shkilev can get clients with any company, product, or service into news channels throughout the globe.\nLastly, Shkilev offers personal one-on-one coaching to individuals who are ready for a quality change in their life. The team provides support, resources, and insight into launching businesses, pivoting platforms, increasing sales, and garnering attention through various internet channels.\nFor more information, visit:https://shkilev.com/.\nMedia DetailsWebsite URL:AscendAgency.comCompany Name: Ascend AgencyEmail address:[email protected]: USA\nSOURCE:Shkilev\nView source version on accesswire.com:https://www.accesswire.com/653064/VIP-Marketing-and-Investment-Support-Firm-Officially-Launches", 'By Peter Nurse Investing.com - The dollar maintained its recent positive tone in early European trade Wednesday, as the spreading outbreak of Covid-19 cases in Asia prompts risk aversion ahead of the release of key U.S. jobs data. At 2:05 AM ET (0605 GMT), the Dollar Index, which tracks the greenback against a basket of six other currencies, traded largely unchanged at 92.080, just off the one-week high hit during the previous session. USD/JPY was largely flat at 110.50, even though Japan\'s industrial output posted the biggest monthly drop in a year in May, EUR/USD was also flat at 1.1898, after falling overnight, GBP/USD rose 0.1% at 1.3841, with U.K. first-quarter GDP falling 1.6% on the quarter, while the risk-sensitive AUD/USD was up 0.1% at 0.7518, after slumping around 0.7% overnight. Risk appetite has taken a hit of late as the spread of the virulent delta strain of the Covid-19 virus through many Asian countries has caused the reimposition of restrictions. Australian officials extended lockdown and social distancing measures to more of the country on Wednesday, with four major cities already under a hard lockdown. This added to restrictions already announced in the likes of Indonesia, Malaysia and Thailand. “The price action in G10 FX at the start of this week has temporarily diverged from a carry-trade-like dynamic, taking the form of a risk correction, with the dollar and the yen gaining to the detriment of high-beta currencies,” said analysts at ING, in a note. Away from news about the coronavirus, there remains some uncertainty ahead of Friday’s closely watched U.S. jobs report , given the importance the Federal Reserve has placed on the recovery of the labor market. A strengthening labor market could prompt the Fed to rein in its accommodative monetary policy earlier than expected, giving the dollar a boost, but disappointing data will leave the dollar in a vulnerable position, especially after the Fed’s hawkish tone at its last meeting. Ahead of Friday\'s payroll data, the ADP nonfarm employment release is due at 8:15 AM ET (1215 GMT), with this private-sector hiring report expected to detail 600,000 new jobs, down from the previous month’s 978,000. Before that, Eurozone consumer prices are due at 5 AM ET (0900 GMT), and are expected to tick down in year-on-year terms. That may take the wind out of the sails of the ECB\'s more hawkish members such as Germany\'s Jens Weidmann, who said in a speech on Monday that "the risks around the price outlook have shifted...upside risks to price developments being predominant." Improved pricing conditions were also a feature of the European Commission\'s Eurozone business confidence survey that was released on Tuesday. Story continues Elsewhere, USD/CNY fell 0.1% to 6.4564, after China’s manufacturing purchasing managers index came in at 50.9 for June, slightly higher than the 50.8 expected but lower than May’s 51 reading, falling to a four-month low. The non-manufacturing PMI was 53.5 in June, below the previous month’s 55.2. Related Articles Dollar Retains Recent Strength; ADP Employment Data Due Bitcoin rises 5.4% to $36,361.69 U.S. dollar gains as new virus outbreaks seen undermining global recovery View comments', 'By Peter Nurse\nInvesting.com - The dollar maintained its recent positive tone in early European trade Wednesday, as the spreading outbreak of Covid-19 cases in Asia prompts risk aversion ahead of the release of key U.S. jobs data.\nAt 2:05 AM ET (0605 GMT), the Dollar Index, which tracks the greenback against a basket of six other currencies, traded largely unchanged at 92.080, just off the one-week high hit during the previous session.\nUSD/JPY was largely flat at 110.50, even though Japan\'s industrial output posted the biggest monthly drop in a year in May, EUR/USD was also flat at 1.1898, after falling overnight, GBP/USD rose 0.1% at 1.3841, with U.K.first-quarter GDPfalling 1.6% on the quarter, while the risk-sensitive AUD/USD was up 0.1% at 0.7518, after slumping around 0.7% overnight.\nRisk appetite has taken a hit of late as the spread of the virulent delta strain of the Covid-19 virus through many Asian countries has caused the reimposition of restrictions.\nAustralian officialsextended lockdown and social distancing measuresto more of the country on Wednesday, with four major cities already under a hard lockdown. This added to restrictions already announced in the likes of Indonesia, Malaysia and Thailand.\n“The price action in G10 FX at the start of this week has temporarily diverged from a carry-trade-like dynamic, taking the form of a risk correction, with the dollar and the yen gaining to the detriment of high-beta currencies,” said analysts at ING, in a note.\nAway from news about the coronavirus, there remains some uncertainty ahead of Friday’s closely watched U.S.jobs report, given the importance the Federal Reserve has placed on the recovery of the labor market.\nA strengthening labor market could prompt the Fed to rein in its accommodative monetary policy earlier than expected, giving the dollar a boost, but disappointing data will leave the dollar in a vulnerable position, especially after the Fed’s hawkish tone at its last meeting.\nAhead of Friday\'s payroll data, theADP nonfarm employment releaseis due at 8:15 AM ET (1215 GMT), with this private-sector hiring report expected to detail 600,000 new jobs, down from the previous month’s 978,000.\nBefore that,Eurozone consumer pricesare due at 5 AM ET (0900 GMT), and are expected to tick down in year-on-year terms. That may take the wind out of the sails of the ECB\'s more hawkish members such as Germany\'s Jens Weidmann, who said in a speech on Monday that "the risks around the price outlook have shifted...upside risks to price developments being predominant." Improved pricing conditions were also a feature of the European Commission\'s Eurozone business confidence survey that was released on Tuesday.\nElsewhere, USD/CNY fell 0.1% to 6.4564, after China’smanufacturing purchasing managers indexcame in at 50.9 for June, slightly higher than the 50.8 expected but lower than May’s 51 reading, falling to a four-month low. Thenon-manufacturing PMIwas 53.5 in June, below the previous month’s 55.2.\nRelated Articles\nDollar Retains Recent Strength; ADP Employment Data Due\nBitcoin rises 5.4% to $36,361.69\nU.S. dollar gains as new virus outbreaks seen undermining global recovery', 'Australia needs to tread carefully should it eventually launch a crypto exchange-traded product (ETP), the country\x92s financial regulator said Wednesday. In a consultation paper from the Australian Securities and Investment Commission (ASIC), the regulator is reaching out to market participants for feedback on whether crypto underlying products can meet existing ETP expectations. ASIC said it is attempting to evaluate whether cryptos are appropriate underlying assets, whether they could be reliably priced, and how they should be classified with respect to underlying asset rules, according to the paper. Related: Bitcoin Upside Stalls; Could Find Support Near $30K-$33K The paper seeks feedback in two main areas on how an ETP may affect the market including compliance costs and effects on competition. ASIC\x92s request for feedback comes as the Australian Securities Exchange, one of the country\x92s major bourses, is considering applications for the launch of a domestic ETP by year\x92s end. \x93At this point in time, in our view, the only crypto-assets that are likely to satisfy these factors are bitcoin and ether ,\x94 the regulator said. How product issuers can ensure these products are compliant with the existing regulatory framework, including with respect to custody, risk management and disclosure were also mentioned for consideration. In Australia, there are three types of categories that fall under an ET **Last 60 Days of Bitcoin's Closing Prices:** [57828.05, 56631.08, 57200.29, 53333.54, 57424.01, 56396.52, 57356.40, 58803.78, 58232.32, 55859.80, 56704.57, 49150.54, 49716.19, 49880.54, 46760.19, 46456.06, 43537.51, 42909.40, 37002.44, 40782.74, 37304.69, 37536.63, 34770.58, 38705.98, 38402.22, 39294.20, 38436.97, 35697.61, 34616.07, 35678.13, 37332.86, 36684.93, 37575.18, 39208.77, 36894.41, 35551.96, 35862.38, 33560.71, 33472.63, 37345.12, 36702.60, 37334.40, 35552.52, 39097.86, 40218.48, 40406.27, 38347.06, 38053.50, 35787.25, 35615.87, 35698.30, 31676.69, 32505.66, 33723.03, 34662.44, 31637.78, 32186.28, 34649.64, 34434.34, 35867.78] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2021-06-30 **Financial & Commodity Data:** - Gold Closing Price: $1770.80 - Crude Oil Closing Price: $73.47 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $680,991,545,062 - Hash Rate: 88186933.06283121 - Transaction Count: 218734.0 - Unique Addresses: 567655.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.28 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Pavlo Gonchar / SOPA Images / Shutterstock.com Financial services and digital payments company Square will invest $5 million in blockchain technology company Blockstream Mining, said to be building an open-source, solar-powered bitcoin mining facility at one of Blockstream’s U.S. sites. See: Goldman Sachs Expands Trading Desk to Ethereum as Interest in Crypto Grows Find: Ethereum vs. Bitcoin: Which Crypto Is Better? “Together, we plan to provide public transparency by sharing the project economics and knowledge we’ve gained from building a Bitcoin mine powered by renewable energy. Ultimately, we hope to demonstrate how bitcoin mining in conjunction with renewable energy can help drive the clean energy transition,” Blockstream said in a statement. The move comes amid renewed criticism about Bitcoin’s enormous carbon footprint. According to the Cambridge Center for Alternative Finance (CCAF), Bitcoin currently consumes around 110 Terawatt Hours per year — 0.55% of global electricity production . More: 10 Best Crypto Research Tools You Must Have as an Investor Just yesterday, Elon Musk stated that Tesla would resume Bitcoin transactions when reasonable (~50%) clean energy usage by miners with positive future trend was confirmed. Musk announced that Tesla would start accepting the crypto as a form of payment back in January. In May, however, this was redacted, with Musk stating that Tesla had suspended vehicle purchases using Bitcoin. “Cryptocurrency is a good idea on many levels and we believe it has a promising future, but this cannot come at great cost to the environment,” he added Blockstream’s facility will be a “proof-of-concept for a 100% renewable energy Bitcoin mine at scale, with the economics of the build-out — including operational costs and ROI — made open to the public,” according to the statement. Net Worth: Just How Rich Are Elon Musk, Donald Trump and These Other Big Names? Learn: Mark Cuban Talks Dogecoin: ‘You’ve Got To Know Why You’re Investing’ “While we know that many mining operations throughout the world, including ours, already rely on renewable energy (as it is the most cost-effective power available), we hope that the open and transparent nature of this project will become a model that other businesses can learn from. We hope to show that a renewable mining facility in the real world is not only possible but also prove empirically that Bitcoin accelerates the world toward a sustainable future,” the company added in the statement. Story continues More From GOBankingRates: Jaw-Dropping Stats About the State of Retirement in America How To Keep Your Financial Planning On Track in 2021 20 Home Renovations That Will Hurt Your Home’s Value 27 Things You Should Never Do With Your Money Last updated: June 15, 2021 This article originally appeared on GOBankingRates.com : Square Invests $5 Million in Blockstream To Build Solar-Powered Bitcoin Mining Facility... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
33572.12, 33897.05, 34668.55, 35287.78, 33746.00, 34235.20, 33855.33, 32877.37, 33798.01, 33520.52
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ["The S&P 500 hit new records on the final day of the second quarter. The benchmark index has climbed over 14% in the first half of 2021 and is up roughly 27% from its pre-pandemic levels in February 2020. This helps provide more context for where Wall Street is at the moment and might help ease some worries that the market is super overheated.\nThe Nasdaq has also soared back to new highs to end Q2, with the technology-heavy index up roughly 12% since May 12. Wall Street has used every pullback and healthy recalibration in big tech as a chance to buy their favorite stocks, from titans such as Microsoft MSFT and Adobe ADBE to countless growth names, at discounts.\nWall Street has driven stocks to highs amid the low volume summer in the face of inflation fears. The market has seemingly shrugged off the possibility of higher interest rates and the yield on the 10-year U.S. Treasury note has actually slipped back to 1.47% from 1.75% in late March.\nThe ability to look beyond rising prices amid the booming U.S. economy could mean Wall Street understands thatthere is no alternativeinvesting won’t end anytime soon, with interest rates set to remain historically low even when the Fed begins to lift them. This means investors will likely be left chasing returns in equities for the foreseeable future.\nImage Source: Zacks Investment Research\nThe growth is, of course, supported by the resurgent U.S. economy and the impressive S&P 500 earnings picture that is expected to keep getting better (also read: Q2 Earnings Growth Reflects More Than Easy Comps).\nAll that said, some investors might be hesitant to buy stocks with the market at new highs, and there are clearly valid reasons to avoid doing so. But timing the market is extremely difficult and trying to do so can lead to buying high and selling low and missing out on comebacks.\nInstead, long-term investors, with horizons of a year or longer are often better suited buying strong stocks and staying constantly exposed to the market even during dips and corrections, which are healthy and common. Today we dive into two stocks poised to grow in a world dominated by technology that might be worth buying in Q3 and beyond…\nRoku ROKU\nThe pandemic cemented streaming TV as the future of entertainment in the U.S. and beyond, after its ascendance helped Netflix NFLX become one of the star stocks of the last decade. In the last several years, Apple AAPL and Disney DIS have stormed into the streaming market to take on NFLX, Amazon AMZN, and others. Disney already crushed its own subscriber goals and laid out a lofty new path and Netflix has amassed over 200 million subscribers worldwide.\nClearly, streaming is a space Wall Street wants to cash in on and Roku is one of the only pure-play streaming stocks not named Netflix. The company rose to prominence on the back of its small devices that plug into TVs and allow users to watch streaming TV content. Roku’s tech is also built into smart TVs, and it was the No. 1 smart TV OS sold in the U.S. in 2020, with nearly 40% market share.\nRoku’s hardware is strong, but it became a Wall Street standout because of its ability to sell ad space across its marketplace, taking a piece of streaming service subscription revenue, ad inventory, and more. Roku allows marketers to buy targeted ads, which is crucial since eMarketer projects digital will account for 65% of the roughly $240 billion-a-year ad industry in the U.S. by 2023, up from around one-third a few years ago.\nImage Source: Zacks Investment Research\nThe company also has a Roku Channel that enables users to watch free, ad-supported streaming movies and TV shows. And it boosted its platform with its purchase of the streaming rights to the short-form shows the now-defunct Quibi created.\nFurthermore, Roku bought Nielsen's Advanced Video Advertising business and “entered into a long-term strategic partnership” with the historic marketing research firm and media data giant to further boost its advertising bona fides.\nRoku topped our Q1 estimates in May, with revenue up 78%. And its +$0.54 a share adjusted earnings blew away our bottom-line estimate that called for a -$0.12 loss.The growth wasdriven by its ad-heavy platform revenue that skyrocketed 101% to account for 80% of total sales and it added 2.4 million active accounts to close at 53.6 million. Investors should know Roku’s monetized video ad impressions more than doubled YoY.\nLooking ahead, Zacks estimates call for Roku’s FY21 revenue to surge 53% from $1.8 billion to $2.7 billion, with it set to add another $1 billion, or 39% to end 2022 at $3.8 billion. These estimates would follow 58% top-line growth in 2020, 52% in FY19, and 45% in 2018.\nAt the bottom end, Roku is projected to swing from an adjusted loss of -$0.14 a share to +$0.37 this year, with FY22 set to soar 161% $0.97 a share.\nRoku currently lands a Zacks Rank #3 (Hold), alongside an “A” grade for Growth in Style Scores system. And 16 of the 20 brokerage recommendations Zacks has are “Strong Buys.” ROKU shares have surged 260% in the past year, as part of a much larger run, and it has rebounded right near its February records on the back of a 50% climb since May 12.\nThe resurgence has pushed the stock above overbought RSI territory of 70, which could mean it’s in for a pullback. Therefore, some investors might want to wait for a more enticing possible entry point. But Roku appears like a strong long-term tech buy that’s poised to grow no matter who wins the streaming wars, and it boasts a solid balance sheet.\nSnap Inc. SNAP\nSnap has continually enhanced its social media app that became famous for disappearing photos and videos. Today, Snapchat is full of video content and shows from social media stars to celebrities like Kevin Hart, as well as mega brands like the NFL, Disney, and many others.\nSnapchat’s Discover page has gained traction and it’s been in the booming mobile gaming market for over two years. The company also constantly releases various augmented reality offerings and it launched its Spotlight feature late last year that aims to challenge TikTok.\nSnap’s beefed-up portfolio of entertainment offerings has attracted advertisers as more people disconnect from ad-supported legacy media and simply ignore more traditional online banner ads. Investors should also know that Snap has boasted that in the U.S. it reaches “more than 90% of 13-to-24-year-olds and more than 75% of 13-to-34-year-olds.”\nSnap’s ability to reach this “unduplicated and hard-to-reach audience” has attracted Wall Street’s attention, as it continues to add users and monetize its growing platform, as Facebook FB and other giants face government scrutiny. Snap beat our first quarter estimates, with revenue up 66% and its daily active users up 22% to 280 million. Plus, it posted break-even earnings to top our estimate that called for a loss of -$0.06 a share.\nSnap’s FY21 and FY22 earnings estimates surged since its report, with some positive revisions recently as well. Zacks estimates call for Snap’s FY21 revenue to surge 56% to reach $3.9 billion, with FY22 projected to climb another 49% to $5.8 billion. These estimates would represent its best growth as a public company and follow three-straight years of between 43% to 46% revenue expansion.\nImage Source: Zacks Investment Research\nMeanwhile, Snap is expected to soar from an adjusted loss of -$0.06 last year to +$0.23 a share in FY21, with 2022 set to skyrocket 200% to +$0.69 a share. And the company has blown away Zacks bottom-line estimates in the trailing four periods.\nSnap lands a Zacks Rank #3 (Hold) at the moment, next to an “A” grade for Growth. Like Roku, Wall Street is high on Snap, with 20 of the 25 brokerage recommendations Zacks at “Strong Buys,” with none below a “Hold.”\nSNAP has climbed 190% in the past year, but it fell victim to the growth selling that began in February. Luckily, it has mounted a big comeback, up over 30% since mid-May.\nThe stock closed regular hours Wednesday just off its records at around $68 a share. Despite trading near its records, its trades well below its year-long highs of 27X forward sales at 21.3X. And it still rests below overbought RSI levels at 65.\nClearly, there could be more selling pressure with the Nasdaq at fresh highs. And some might want to wait for Snap to report its Q2 earnings. Of course, as we touched on, investors with long-term outlooks might want to buy Snap now given its ability to constantly evolve its modern media platform that plays into overall smartphone addiction, while attracting a vital demographic in the new age of entertainment.\nBitcoin, Like the Internet Itself, Could Change EverythingBlockchain and cryptocurrency has sparked one of the most exciting discussion topics of a generation. Some call it the “Internet of Money” and predict it could change the way money works forever. If true, it could do to banks what Netflix did to Blockbuster and Amazon did to Sears. Experts agree we’re still in the early stages of this technology, and as it grows, it will create several investing opportunities.Zacks’ has just revealed 3 companies that can help investors capitalize on the explosive profit potential of Bitcoin and the other cryptocurrencies with significantly less volatility than buying them directly.See 3 crypto-related stocks now >>\nWant the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days.Click to get this free reportAmazon.com, Inc. (AMZN) : Free Stock Analysis ReportApple Inc. (AAPL) : Free Stock Analysis ReportMicrosoft Corporation (MSFT) : Free Stock Analysis ReportNetflix, Inc. (NFLX) : Free Stock Analysis ReportThe Walt Disney Company (DIS) : Free Stock Analysis ReportAdobe Inc. (ADBE) : Free Stock Analysis ReportFacebook, Inc. (FB) : Free Stock Analysis ReportSnap Inc. (SNAP) : Free Stock Analysis ReportRoku, Inc. (ROKU) : Free Stock Analysis ReportTo read this article on Zacks.com click her **Last 60 Days of Bitcoin's Closing Prices:** [56631.08, 57200.29, 53333.54, 57424.01, 56396.52, 57356.40, 58803.78, 58232.32, 55859.80, 56704.57, 49150.54, 49716.19, 49880.54, 46760.19, 46456.06, 43537.51, 42909.40, 37002.44, 40782.74, 37304.69, 37536.63, 34770.58, 38705.98, 38402.22, 39294.20, 38436.97, 35697.61, 34616.07, 35678.13, 37332.86, 36684.93, 37575.18, 39208.77, 36894.41, 35551.96, 35862.38, 33560.71, 33472.63, 37345.12, 36702.60, 37334.40, 35552.52, 39097.86, 40218.48, 40406.27, 38347.06, 38053.50, 35787.25, 35615.87, 35698.30, 31676.69, 32505.66, 33723.03, 34662.44, 31637.78, 32186.28, 34649.64, 34434.34, 35867.78, 35040.84] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2021-07-01 **Financial & Commodity Data:** - Gold Closing Price: $1775.90 - Crude Oil Closing Price: $75.23 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $652,310,714,447 - Hash Rate: 94132119.56144908 - Transaction Count: 230253.0 - Unique Addresses: 609509.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.28 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Bitcoin's ( BTC-CAD ) power consumption has made it a pariah in an investment landscape increasingly focused on sustainability. Analysts claim the cryptocurrency uses as much as energy as American Airlines ( AAL ), the country of Greece, or the U.S. federal government as mining computers solve math problems to build up its blockchain ledger. However, a new report suggests bitcoin isn't emitting as much as certain pillars of the global economy. Galaxy Digital, a New York-based crypto firm founded by former hedge fund manager Michael Novogratz, says the world's most popular digital currency is using far less juice than banking and gold. "Bitcoin's energy usage has become an easy target for criticism," authors Rachel Rybarczyk, Drew Armstrong and Amanda Fabiano wrote in the report. "It is easy to estimate Bitcoin's energy usage. This results in frequent criticism of Bitcoin, but these critiques are rarely levied against other traditional industries." Galaxy Digital analysis of Bitcoin's energy consumption, versus banking and gold. Indeed, such analysis can be done in real time with resources such as the Cambridge Bitcoin Electricity Consumption Index . It shows rising energy usage beginning in late-2020, as bitcoin's price skyrocketed. Galaxy Digital found the total electricity consumption of the bitcoin network topped 113.89 terawatt-hours (TWh) at the time the report was written. Bitcoin energy consumption by TWh. (Annualized.) A one-year view of bitcoin compared to the Canadian dollar. Quantifying the energy footprint of the financial sector or gold industry is far more challenging. For the banks, Galaxy Digital looked at four key areas of electricity consumption: data centres, bank branches, ATMs, and card network data centres. It estimates the global energy consumption of the banking system is 238.92 TWh per year. For the gold industry, Galaxy Digital relied on greenhouse gas emissions estimates published by the World Gold Council to determine an annual energy usage of 240.61 TWh per year. The authors concede this estimate may omit some key sources of energy use, "like the energy and carbon intensity of the tires used in gold mines." Story continues A report by silver and gold dealer Money Metals looking at hidden sources of energy use in the industry found that Barrick Gold consumed nearly 25,000 tons of rubber tires in 2013 which require oil to produce, for example. "Viewpoints on Bitcoin's energy consumption range from wasteful to justified to anywhere in between," the Galaxy Digital authors wrote. "On one end, critics believe that Bitcoin is merely a tool for speculation or illicit activity, attached to a network with an unjustifiable environmental cost. On the other, supporters view Bitcoin as a monetary revolution that will be a boon to humanity. We at Galaxy believe in Bitcoin and the broader ecosystem." The debate has divided famous observers, with Bill Gates and Warren Buffett taking dim views on bitcoin's value, and Twitter ( TWTR ) chief executive officer Jack Dorsey and Tesla ( TSLA ) boss Elon Musk enthusiastically backing the cryptocurrency. Musk has recently acknowledged bitcoin's large emissions footprint, and stopped accepting it as payment for his cars . His tweets last weekend are said to have sent the price of the cryptocurrency to its lowest level since the end of February, as investors speculated that he may sell his holdings. To be clear, I strongly believe in crypto, but it can’t drive a massive increase in fossil fuel use, especially coal — Elon Musk (@elonmusk) May 13, 2021 To clarify speculation, Tesla has not sold any Bitcoin — Elon Musk (@elonmusk) May 17, 2021 Looking to cater to investors who share Musk's bullishness for bitcoin, and concerns about emissions, Toronto-based Ninepoint Partners announced it would offer "carbon neutral exposure to Bitcoin" through one of its ETFs ( BITC-U.TO ). The firm says it would spend an undisclosed portion of its management fee on offsets. Tom Rand, author of Climate Capitalism , sees this putting pressure on the already tight carbon offsets market for a purpose that adds little economic value from the emissions it creates. He cautions that "greenwashing" is a significant risk for climate-conscious investors. "If you're going to offset, you should be offsetting important economic activity, not bitcoin," Rand said . "The duckers and divers who are making money off of bitcoin want to keep it spinning up. It is absolutely fundamental to the way bitcoin is run that it will always be an energy hog on every transaction." Jeff Lagerquist is a senior reporter at Yahoo Finance Canada. Follow him on Twitter @jefflagerquist . Download the Yahoo Finance app, available for Apple and Android .... - Reddit Posts (Sample): [['u/Cryptofare', 'Bitcoin Yield Farming', 20, '2021-07-01 00:14', 'https://www.reddit.com/r/defi/comments/ob7xi3/bitcoin_yield_farming/', 'Anyone have any recommendations for the best BTC yield farming/rewards options? I recently started the WBTC/IBBTC pool on SushiSwap (current APY 17%). Just wanted to know if there were other opportunities out there besides BadgerDAO', 'https://www.reddit.com/r/defi/comments/ob7xi3/bitcoin_yield_farming/', 'ob7xi3', [['u/Hascon', 12, '2021-07-01 01:22', 'https://www.reddit.com/r/defi/comments/ob7xi3/bitcoin_yield_farming/h3mbgw3/', '>pay 4% upfront at $BTC, earn an exponential decay curve at $FISH \n \n> \n>Can be good, can be very bad...', 'ob7xi3'], ['u/OWbeginner', 20, '2021-07-01 03:12', 'https://www.reddit.com/r/defi/comments/ob7xi3/bitcoin_yield_farming/h3mocoy/', "Be aware that a BTC on any of these protocols is not as secure as a BTC sitting in your wallet. A ibBTC is not a BTC and then on top of that you're staking it into a smart contract that may be insecure. Audits are not infallible. There's a reason there's a high return.", 'ob7xi3']]], ['u/MorpheusIndustry', 'Today marks 1 year since Ghislaine Maxwell made her last reddit post', 185, '2021-07-01 00:31', 'https://www.reddit.com/r/conspiracy/comments/ob88ks/today_marks_1_year_since_ghislaine_maxwell_made/', 'For those out of the loop, here is a thread of evidence that suggests she is a reddit mod: https://np.reddit.com/r/conspiracy/comments/hnfx0r/not_confirmed_but_research_suggests_that/\n\nIt has been a full year since Ghislaine Maxwell made her last reddit post, about bitcoin. Her moderator account and the other moderator account seemingly associated with it have not posted since. This "man from Malaysia" has gone on an awful long "vacation"!\n\nHer position as a powerful moderator on a social media platform with an incredible amount of traffic makes sense considering her background and the identity she held. A man named Nazir Afzal prosecuted Ghislaine Maxwell in 1996. He said that Ghislaine Maxwell described herself as an "internet professional". I came across this info in this interview by Shaun Attwood, but the video has been made private: https://www.youtube.com/watch?v=OcXSizdhYtQ\n\nShe also described herself as an "internet operator" according to this 2001 article: https://www.scotsman.com/news/misery-maxwell-house-2510066', 'https://www.reddit.com/r/conspiracy/comments/ob88ks/today_marks_1_year_since_ghislaine_maxwell_made/', 'ob88ks', [['u/vanmac82', 17, '2021-07-01 00:37', 'https://www.reddit.com/r/conspiracy/comments/ob88ks/today_marks_1_year_since_ghislaine_maxwell_made/h3m60aq/', 'Tread lightly but without ceasing', 'ob88ks'], ['u/SoccerIzFun', 19, '2021-07-01 00:42', 'https://www.reddit.com/r/conspiracy/comments/ob88ks/today_marks_1_year_since_ghislaine_maxwell_made/h3m6m5x/', 'This is wild.\n\nWas there any suspicion that it was her before she was arrested?', 'ob88ks'], ['u/initiationviper', 20, '2021-07-01 00:44', 'https://www.reddit.com/r/conspiracy/comments/ob88ks/today_marks_1_year_since_ghislaine_maxwell_made/h3m6siw/', 'Totally. The username was what made people suspect initially I believe', 'ob88ks'], ['u/SoccerIzFun', 14, '2021-07-01 00:46', 'https://www.reddit.com/r/conspiracy/comments/ob88ks/today_marks_1_year_since_ghislaine_maxwell_made/h3m74cv/', "Thanks for replying. And then stops posting when she's arrested? Wow.", 'ob88ks'], ['u/initiationviper', 11, '2021-07-01 01:09', 'https://www.reddit.com/r/conspiracy/comments/ob88ks/today_marks_1_year_since_ghislaine_maxwell_made/h3m9vv6/', 'Exactly. Crazy shit. The username by the name was Maxwellhill I believe', 'ob88ks'], ['u/[deleted]', 13, '2021-07-01 03:08', 'https://www.reddit.com/r/conspiracy/comments/ob88ks/today_marks_1_year_since_ghislaine_maxwell_made/h3mnvrd/', 'Both of her sisters work in tech, and she would want to spread progressive propaganda for her friends as a top moderator on one of the worlds most used sites. I bet it gets boring sitting around all day being rich while your boyfriend is diddling teens in the next room, this was her outlet. Lmfaooo she has a submarine license let’s talk about TERRAMAR \nWhat is it? Where is it? Who lives there?', 'ob88ks'], ['u/LimitSavings737', 17, '2021-07-01 04:24', 'https://www.reddit.com/r/conspiracy/comments/ob88ks/today_marks_1_year_since_ghislaine_maxwell_made/h3mwwxs/', 'Former ceo of reddit admitted she knew of maxwell child abuse since 2011 but didnt speak up. The user didnt moderate just any board it was r/news. And the user posted pretty much everyday until maxwells arrest and then never again', 'ob88ks']]], ['u/anakanin', 'The subreddit that wants to see Bitcoin die', 10, '2021-07-01 02:14', 'https://www.reddit.com/r/CryptoCurrency/comments/oba26r/the_subreddit_that_wants_to_see_bitcoin_die/', '\nNo, it’s not r/boomershumor or r/banking. Sub is called buttcoin and I must admit, it’s almost good change of atmosphere from everyone being bullish and screaming “undervalued”, “crypto on discounts”. It’s not as much of a hate towards crypto but a bit more harsh look at the technology we are dealing with.\n\n>David Gerard has not a kind word to spare for any part of the $1.4 trillion cryptocurrency market. “It’s dumb nerd money that nerds use to try to rip each other off,” he says. Bitcoin in particular earns his ire. “Its history is a series of get-rich-quick schemes,” says Gerard, a 54-year-old IT administrator in London. He does not even have anything nice to say about the widely applauded technology underlying crypto, the digital ledger system known as the blockchain. “A pile of nonsense,” he concludes. \n\n>He has amassed a modest Twitter following spouting off like this (13,300 followers) and has self-published several books on the subject (Attack of the 50 Foot Blockchain and Libra Shrugged: How Facebook Tried To Take Over the Money). When Gerard wants to commune with other crypto haters, he heads over to a burgeoning corner of the web: a Reddit forum called Buttcoin, the name a suggestion that cryptocurrencies are, well, a waste of time. He often posts there several times a day and spends more time commenting on what the group’s other 63,000 members publish. “Every other Reddit about cryptocurrency is full of cultists! Or marketing shills. Or both,” he says.', 'https://www.reddit.com/r/CryptoCurrency/comments/oba26r/the_subreddit_that_wants_to_see_bitcoin_die/', 'oba26r', [['u/warmbookworm', 17, '2021-07-01 02:23', 'https://www.reddit.com/r/CryptoCurrency/comments/oba26r/the_subreddit_that_wants_to_see_bitcoin_die/h3min5e/', ">the name a suggestion that cryptocurrencies are, well, a waste of time. He often posts there several times a day and spends more time commenting on what the group’s other 63,000 members publish\n\ncrypto are a waste of time, but spending time shitting on crypto isn't a waste of time.", 'oba26r'], ['u/Furian-Athenos', 10, '2021-07-01 02:23', 'https://www.reddit.com/r/CryptoCurrency/comments/oba26r/the_subreddit_that_wants_to_see_bitcoin_die/h3mio9r/', 'I thought this was satire at first. Imagine the waste of energy to just go on Reddit to talk trash on Crypto, who hurt you buddy?', 'oba26r']]], ['u/manitowoc2250', 'Question about halving', 11, '2021-07-01 02:27', 'https://www.reddit.com/r/Bitcoin/comments/oba9x3/question_about_halving/', "Hello all. So my question is simple, I've been researching lately that everytime a halving event is due there's these huge run ups in bitcoin, it may take a year or so but is that what makes bitcoin more valuable? The next one is in 2024. Is buying in now and holding for 3 years the ideal strategy? \n\nWhen lambo...", 'https://www.reddit.com/r/Bitcoin/comments/oba9x3/question_about_halving/', 'oba9x3', [['u/JG-NUKE', 19, '2021-07-01 02:33', 'https://www.reddit.com/r/Bitcoin/comments/oba9x3/question_about_halving/h3mjtox/', 'Don’t try to time bitcoin prices. Dollar Cost Average over time and let the overall up trend prevail.', 'oba9x3']]], ['u/rayjensen', 'BTC to break 1 million (extended supercycle with inflation)', 56, '2021-07-01 02:31', 'https://www.reddit.com/r/CryptoCurrency/comments/obac2h/btc_to_break_1_million_extended_supercycle_with/', 'I don’t own BTC, I do own other crypto assets.\n\nI think btc is set for a supercycle that will top out above $1mil/coin. I’ve seen “conservative” estimates targeting 100-200k but the theoretical limit could be much higher if other factors like hyperinflation come into play. I also think the “double peak” nature of the cycle will increase potential as many speculators will have a second chance to accumulate during this phase. \n\nIf we just consider the slight possibility of hyperinflation it makes the risk/reward potential much more promising. We’ve already seen lumber prices and other raw materials increase in price like oil. In general, just looking at the global economy; it seems extremely over leveraged because USD is over printed and over valued. \n\nConsidering the extended cycle theory it’s expected that this cycle will naturally extend into 2022 and possibly longer. The longer the cycle extends, the more likely it is that it hits during a period of high inflation fear in the market which will synergistically amplify the peak.\n\nIf we do have hyperinflation in the US it will affect the global economy and everyone across the globe will look for alternative stores of value. BTC could easily surpass $1mil per coin if this occurs and the next bear market could see it dropping to 100k/coin as the bottom.', 'https://www.reddit.com/r/CryptoCurrency/comments/obac2h/btc_to_break_1_million_extended_supercycle_with/', 'obac2h', [['u/Professional-Bug3272', 163, '2021-07-01 02:32', 'https://www.reddit.com/r/CryptoCurrency/comments/obac2h/btc_to_break_1_million_extended_supercycle_with/h3mjrkt/', 'How much crack was smoked before this post', 'obac2h'], ['u/CryptoBumGuy', 10, '2021-07-01 02:34', 'https://www.reddit.com/r/CryptoCurrency/comments/obac2h... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
33897.05, 34668.55, 35287.78, 33746.00, 34235.20, 33855.33, 32877.37, 33798.01, 33520.52, 34240.19
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['Fake COVID-19 vaccination certificates, stolen vaccines and falsified doctors’ signatures are being sold on the dark web forbitcoin.\nAccording to areporton Thursday from blockchain analytics company Coinfirm, vendors have been selling the certificates and vaccines in exchange for a range of cryptos, including bitcoin,ether, dash,litecoin,tron,moneroandzcash.\nConfirm says those kinds of crypto are being chosen because of their ubiquity or the anonymity they offer as privacy coins.\nRelated:Investors Cashing Out of Grayscale Bitcoin Trust Might Bring Market Boost\nOne particular dark web vendor, known as the “COVID-19 Vaccine Shop,” appears to be selling vaccines in bulk from AstraZeneca, Pfizer-BionTech, Johnson & Johnson, Moderna and Sputnik V, Coinfirm reported.\nThe report also said fake COVID-19 certificates, which were part of a “probable health sector corruption” from multiple vendors in the U.S., Russia and other countries, were being sold.\nNot only were fake certificates masquerading as proof of vaccination being sold to clients, but their details were being entered into national health systems where in certain instances doctors’ signatures were found.\nOne bitcoin address that received funds for fraudulent vaccine certificates belonged to an exchange registered in Hong Kong that caters “strongly to Eastern European clientele,” Confirm said.\nRelated:Nigeria Is the Lion of Africa in Bitcoin P2P Trading\nCoinDesk attempted to clarify which exchange Coinfirm was referring to and how it identified Eastern Europeans as a major market but did not receive a reply to a request for comment by press time.\nCoinfirm did mention, however, the well-worn issue regarding certain exchanges lacking “know-your-customer” (KYC) controls, allowing for an “easy” fiat on/off ramp for criminals to cash out.\n“It is for these reasons that every obliged entity should institute rigorous KYC policies,” Confirm said.\nSee also:Russia and US Dominate Global Dark Market Traffic: Report\n• Bitcoin News Roundup for July 2, 2021\n• Bitcoin Declines Within Range; Could Find Support at $30K', 'Fake COVID-19 vaccination certificates, stolen vaccines and falsified doctors’ signatures are being sold on the dark web for bitcoin . According to a report on Thursday from blockchain analytics company Coinfirm, vendors have been selling the certificates and vaccines in exchange for a range of cryptos, including bitcoin, ether , dash, litecoin , tron , monero and zcash . Confirm says those kinds of crypto are being chosen because of their ubiquity or the anonymity they offer as privacy coins. Related: Investors Cashing Out of Grayscale Bitcoin Trust Might Bring Market Boost One particular dark web vendor, known as the “COVID-19 Vaccine Shop,” appears to be selling vaccines in bulk from AstraZeneca, Pfizer-BionTech, Johnson & Johnson, Moderna and Sputnik V, Coinfirm reported. The report also said fake COVID-19 certificates, which were part of a “probable health sector corruption” from multiple vendors in the U.S., Russia and other countries, were being sold. Not only were fake certificates masquerading as proof of vaccination being sold to clients, but their details were being entered into national health systems where in certain instances doctors’ signatures were found. One bitcoin address that received funds for fraudulent vaccine certificates belonged to an exchange registered in Hong Kong that caters “strongly to Eastern European clientele,” Confirm said. Related: Nigeria Is the Lion of Africa in Bitcoin P2P Trading CoinDesk attempted to clarify which exchange Coinfirm was referring to and how it identified Eastern Europeans as a major market but did not receive a reply to a request for comment by press time. Coinfirm did mention, however, the well-worn issue regarding certain exchanges lacking “know-your-customer” (KYC) controls, allowing for an “easy” fiat on/off ramp for criminals to cash out. “It is for these reasons that every obliged entity should institute rigorous KYC policies,” Confirm said. See also: Russia and US Dominate Global Dark Market Traffic: Report Related Stories Bitcoin News Roundup for July 2, 2021 Bitcoin Declines Within Range; Could Find Support at $30K', 'Fake COVID-19 vaccination certificates, stolen vaccines and falsified doctors’ signatures are being sold on the dark web forbitcoin.\nAccording to areporton Thursday from blockchain analytics company Coinfirm, vendors have been selling the certificates and vaccines in exchange for a range of cryptos, including bitcoin,ether, dash,litecoin,tron,moneroandzcash.\nConfirm says those kinds of crypto are being chosen because of their ubiquity or the anonymity they offer as privacy coins.\nRelated:Investors Cashing Out of Grayscale Bitcoin Trust Might Bring Market Boost\nOne particular dark web vendor, known as the “COVID-19 Vaccine Shop,” appears to be selling vaccines in bulk from AstraZeneca, Pfizer-BionTech, Johnson & Johnson, Moderna and Sputnik V, Coinfirm reported.\nThe report also said fake COVID-19 certificates, which were part of a “probable health sector corruption” from multiple vendors in the U.S., Russia and other countries, were being sold.\nNot only were fake certificates masquerading as proof of vaccination being sold to clients, but their details were being entered into national health systems where in certain instances doctors’ signatures were found.\nOne bitcoin address that received funds for fraudulent vaccine certificates belonged to an exchange registered in Hong Kong that caters “strongly to Eastern European clientele,” Confirm said.\nRelated:Nigeria Is the Lion of Africa in Bitcoin P2P Trading\nCoinDesk attempted to clarify which exchange Coinfirm was referring to and how it identified Eastern Europeans as a major market but did not receive a reply to a request for comment by press time.\nCoinfirm did mention, however, the well-worn issue regarding certain exchanges lacking “know-your-customer” (KYC) controls, allowing for an “easy” fiat on/off ramp for criminals to cash out.\n“It is for these reasons that every obliged entity should institute rigorous KYC policies,” Confirm said.\nSee also:Russia and US Dominate Global Dark Market Traffic: Report\n• Bitcoin News Roundup for July 2, 2021\n• Bitcoin Declines Within Range; Could Find Support at $30K', 'BeinCrypto spoke to Tim Draper from Draper Associates about his work investing in blockchain, what he looks for in companies and how people benefit from bitcoin.\nDraper is a venture capitalist with a long history of successful investments, especially in emerging tech spaces. From the dot.com bubble to the current crypto wave, Draper has been front and center to some world-changing companies.\nWhen it comes to crypto, Draper has been in the game a while. Recently, in 2019 he joined Alon and Josef as part of the blockchain venture studio and fundDraper Goren Holm.\nDraper’s investment history is impressive. In addition to coming from a family well-versed in the venture capital game, he has made a success in his own right. Among his investments in the tech sector are Hotmail and Tesla.\nUnsurprisingly, for someone who has made a career of looking for prominent prospects, he’s been in the crypto game from fairly early on.\n“I have been looking for digital currency to be a part of our world since 2002 when I saw video games with currencies attached. I thought the games would start doing currency exchange across games, but instead, Satoshi Nakamoto created this incredible currency in Bitcoin,” he explains.\n“I became aware of it in 2010. Bought some, lost it to Mt. Gox, and then bought again when the US Marshall’s office auctioned off the Silk Road tokens.”\nRather than losing faith in crypto, Draper has been quoted many times promising a positive outlook, especially for bitcoin.\nIn an interview with Fox Business in 2014, hepredicted bitcoin would reach $10,000“in the next three years.” Following the halving, bitcoin broke $13,000 at the beginning of 2018.\nHis next prediction following the next halving hasbitcoin at $250,000.\nWhile keen on long-term predictions, Draper has been quoted expressingless interest in short-term outlooks.He said short-term predictions are nullified because of the possibility of large buy or sell orders.\nHowever, Draper isn’t just bullish on bitcoin. Rather he embraces blockchain technology as a whole. He considers it the technology of the future of not only finance but also multiple other sectors.\nAs a result, when he was approached by Alon Goren and Josef Holm, getting involved with their venture studio made sense.\n“The three of us were convinced that bitcoin, blockchain, and smart contracts were the technologies that would drive the future of finance and the future of other enormous industries like insurance, banking, commerce, even government. We picture a more frictionless economy and a freer, more transparent, decentralized world, driven by a more trusted and trustworthy system than fiat.”\nSo far, the group has backed blockchain ventures, including the Tezos Ecosystem, CasperLabs, Rivet, and Kalamit, among others.\nDraper considers himself to be “providing the fuel” for entrepreneurs whose projects will create the trusted, decentralized world he envisions.\nHowever, since he is providing the momentum to get these projects off the ground, who he picks is important.\nRegarding how he chooses projects to work with, Draper says,\n“I look for uniqueness, importance and founder dedication.”\nThis approach has served him well so far. Plenty, a DeFi investment by the fund has $31 million total value locked despite only being in beta.\nFro Draper, these investments aren’t just a possible profit-making mechanism. As mentioned, he firmly believes in the benefits blockchain and cryptocurrencies could bring to people.\n“People everywhere will benefit from bitcoin because they will not have to pay the banks 2-4% every time they swipe their credit cards. Families will benefit whe **Last 60 Days of Bitcoin's Closing Prices:** [57200.29, 53333.54, 57424.01, 56396.52, 57356.40, 58803.78, 58232.32, 55859.80, 56704.57, 49150.54, 49716.19, 49880.54, 46760.19, 46456.06, 43537.51, 42909.40, 37002.44, 40782.74, 37304.69, 37536.63, 34770.58, 38705.98, 38402.22, 39294.20, 38436.97, 35697.61, 34616.07, 35678.13, 37332.86, 36684.93, 37575.18, 39208.77, 36894.41, 35551.96, 35862.38, 33560.71, 33472.63, 37345.12, 36702.60, 37334.40, 35552.52, 39097.86, 40218.48, 40406.27, 38347.06, 38053.50, 35787.25, 35615.87, 35698.30, 31676.69, 32505.66, 33723.03, 34662.44, 31637.78, 32186.28, 34649.64, 34434.34, 35867.78, 35040.84, 33572.12] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2021-07-02 **Financial & Commodity Data:** - Gold Closing Price: $1782.60 - Crude Oil Closing Price: $75.16 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $619,775,218,322 - Hash Rate: 89177797.47926754 - Transaction Count: 188568.0 - Unique Addresses: 532456.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.21 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Lithia Motors, Inc. LAD recently announced the acquisition of Michael's Toyota dealership in Bellevue, WA. The transaction has been financed through the company’s existing on-balance sheet capacity. The new Toyota store is the largest volume dealer in the Washington state and has received numerous industry awards for the same. The latest acquisition has enhanced Lithia’s presence and offerings in the largest automotive retail market in the Pacific Northwest region by twofold. Moreover, the buyout is anticipated to add $235 million in combined annualized revenues. Lithia is highly optimistic about this buyout. The store would perfectly complement the company’s existing product portfolio. In fact, the buyout aligns with Lithia’s plan to fortify the reach and density of its network, in a bid to serve customers more conveniently. Lithia had earlier announced an ambitious five-year plan to yield $50 billion in revenues and $50 in earnings per share, including 200 plus acquisitions. The latest buyout brings Lithia’s total expected annualized revenue acquired during the first full year of the five-year plan to a whopping $7.8 billion, keeping the company well ahead its schedule of network expansion. The Oregon-based dealer’s expanding network density is essential to conveniently and affordably cater to customer needs throughout the vehicle-ownership lifecycle. Lithia is one of the leading automotive retailers of new and used vehicles, and related services in the United States. It offers tailored services complemented through its nationwide network. The buyout of the Toyota dealership is in sync with the auto retailer’s proven success strategy of acquiring strong, high-performing franchises. It will also enable the auto retailer to create loyal and satisfied customers in the greater Seattle area. Lithia’s diversified product mix and multiple streams of income reduce the risk profile of the firm. The company generates income from businesses, including used and new vehicle retail, finance, insurance, as well as automotive repair and maintenance. The diversified portfolio positions it well for top- and bottom-line growth. Of late, the company has been on a buyout spree as it seeks to profitably consolidate auto dealerships into its network. Last week, Lithia entered the Mississippi market with the purchase of a Toyota dealership in Jackson, while the auto retailer also sold an Audi store in California. Earlier this month, the company acquired the Southwest Kia Auto Group, with five dealership stores located in the major metropolitan markets of Austin and Dallas, TX. The auto retailer has also taken over two luxury dealerships in Van Nuys, CA, being BMW of Sherman Oaks and Acura of Sherman Oaks, both serving the greater Los Angeles area. Lithia, peers of which include Penske Automotive PAG, Group 1 Automotive GPI and AutoNation AN, currently carries a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here. Shares of the company have surged 117.4% in the past year compared with the industry’s rally of 109.3%. Story continues Zacks Investment Research Image Source: Zacks Investment Research Bitcoin, Like the Internet Itself, Could Change Everything Blockchain and cryptocurrency has sparked one of the most exciting discussion topics of a generation. Some call it the “Internet of Money” and predict it could change the way money works forever. If true, it could do to banks what Netflix did to Blockbuster and Amazon did to Sears. Experts agree we’re still in the early stages of this technology, and as it grows, it will create several investing opportunities. Zacks’ has just revealed 3 companies that can help investors capitalize on the explosive profit potential of Bitcoin and the other cryptocurrencies with significantly less volatility than buying them directly. See 3 crypto-related stocks now >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Penske Automotive Group, Inc. (PAG) : Free Stock Analysis Report AutoNation, Inc. (AN) : Free Stock Analysis Report Group 1 Automotive, Inc. (GPI) : Free Stock Analysis Report Lithia Motors, Inc. (LAD) : Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
34668.55, 35287.78, 33746.00, 34235.20, 33855.33, 32877.37, 33798.01, 33520.52, 34240.19, 33155.85
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['Bitcoin , BTC to USD, rose by 0.88% on Friday. Partially reversing a 4.30% slide from Thursday, Bitcoin ended the day at $33,816.0. A bullish start to the day saw Bitcoin rise to an early morning intraday high $33,983.0 before hitting reverse. Falling short of the first major resistance level at $34,842, Bitcoin fell to a mid-morning intraday low $32,700.0. Steering clear of the first major support level at $32,493, however, Bitcoin revisited $33,900 levels before easing back. The near-term bullish trend remained intact in spite of the latest slide back to sub-$30,000 levels. For the bears, Bitcoin would need a sustained fall through the 62% FIB of $27,237 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was a mixed day on Friday. Cardano’s ADA rallied by 4.75% to lead the way, with Chainlink (+0.17%) and Ethereum (+2.29%) also joining Bitcoin in the green. It was a bearish day for the rest of the majors, however. Bitcoin Cash SV (-1.43%) and Crypto.com Coin (-1.24%) led the way down. Binance Coin (-0.12%), Litecoin (-0.09%), Polkadot (-0.13%), and Ripple’s XRP (-0.34%) saw relatively modest losses, however. In the current week, the crypto total market rose to a Tuesday high $1,485bn before falling to a Friday low $1,319bn. At the time of writing, the total market cap stood at $1,376bn. Bitcoin’s dominance rose to a Monday high 47.67% before falling to a Thursday low 45.54%. At the time of writing, Bitcoin’s dominance stood at 45.94%. This Morning At the time of writing, Bitcoin was down by 0.26% to 33,727.0. A mixed start to the day saw Bitcoin rise to an early morning high $33,942.0 before falling to a low $33,716.0. Bitcoin left the major support and resistance levels untested early on. Elsewhere, it was a mixed start to the day. Crypto.com Coin bucked the trend early on, rising by 1.89%. It was a bearish start for the rest of the majors, however. At the time of writing, Cardano’s ADA was down by 0.65% to lead the way down. Story continues For the Bitcoin Day Ahead Bitcoin would need to avoid the $33,500 pivot to bring the first major resistance level at $34,299 into play. Support from the broader market would be needed for Bitcoin to break back through to $34,000 levels. Barring a broad-based crypto rebound, the first major resistance level would likely cap any upside. In the event of an extended crypto rally, Bitcoin could test resistance at $35,000 levels before any pullback. The second major resistance level sits at $34,783. A fall through the $33,500 pivot would bring the first major support level at $33,016 into play. Barring another extended sell-off on the day, Bitcoin should steer clear of sub-$32,000 levels. The second major support level at $32,217 should limit the downside. This article was originally posted on FX Empire More From FXEMPIRE: AMC Entertainment ‘Pump Exceeded Average Life,’ Says Research Firm Crude Oil Price Forecast – Crude Oil Markets Continue to Pressure Higher Natural Gas Price Fundamental Daily Forecast – Bulls Getting Mixed Messages From 8 to 15 Day Forecasts Silver Price Prediction – Prices Rise, as Negative Momentum Decellerates European Equities: A Week in Review – 02/07/21 Natural Gas Weekly Price Forecast – Natural Gas Markets Continue to Grind Higher', 'Bitcoin, BTC to USD, rose by 0.88% on Friday. Partially reversing a 4.30% slide from Thursday, Bitcoin ended the day at $33,816.0.\nA bullish start to the day saw Bitcoin rise to an early morning intraday high $33,983.0 before hitting reverse.\nFalling short of the first major resistance level at $34,842, Bitcoin fell to a mid-morning intraday low $32,700.0.\nSteering clear of the first major support level at $32,493, however, Bitcoin revisited $33,900 levels before easing back.\nThe near-term bullish trend remained intact in spite of the latest slide back to sub-$30,000 levels. For the bears, Bitcoin would need a sustained fall through the 62% FIB of $27,237 to form a near-term bearish trend.\nAcross the rest of the majors, it was a mixed day on Friday.\nCardano’s ADArallied by 4.75% to lead the way, withChainlink(+0.17%) andEthereum(+2.29%) also joining Bitcoin in the green.\nIt was a bearish day for the rest of the majors, however.\nBitcoin Cash SV(-1.43%) andCrypto.com Coin(-1.24%) led the way down.\nBinance Coin(-0.12%),Litecoin(-0.09%), Polkadot (-0.13%), andRipple’s XRP(-0.34%) saw relatively modest losses, however.\nIn the current week, the crypto total market rose to a Tuesday high $1,485bn before falling to a Friday low $1,319bn. At the time of writing, the total market cap stood at $1,376bn.\nBitcoin’s dominance rose to a Monday high 47.67% before falling to a Thursday low 45.54%. At the time of writing, Bitcoin’s dominance stood at 45.94%.\nAt the time of writing, Bitcoin was down by 0.26% to 33,727.0. A mixed start to the day saw Bitcoin rise to an early morning high $33,942.0 before falling to a low $33,716.0.\nBitcoin left the major support and resistance levels untested early on.\nElsewhere, it was a mixed start to the day.\nCrypto.com Coin bucked the trend early on, rising by 1.89%.\nIt was a bearish start for the rest of the majors, however.\nAt the time of writing, Cardano’s ADA was down by 0.65% to lead the way down.\nBitcoin would need to avoid the $33,500 pivot to bring the first major resistance level at $34,299 into play.\nSupport from the broader market would be needed for Bitcoin to break back through to $34,000 levels.\nBarring a broad-based crypto rebound, the first major resistance level would likely cap any upside.\nIn the event of an extended crypto rally, Bitcoin could test resistance at $35,000 levels before any pullback. The second major resistance level sits at $34,783.\nA fall through the $33,500 pivot would bring the first major support level at $33,016 into play.\nBarring another extended sell-off on the day, Bitcoin should steer clear of sub-$32,000 levels. The second major support level at $32,217 should limit the downside.\nThisarticlewas originally posted on FX Empire\n• AMC Entertainment ‘Pump Exceeded Average Life,’ Says Research Firm\n• Crude Oil Price Forecast – Crude Oil Markets Continue to Pressure Higher\n• Natural Gas Price Fundamental Daily Forecast – Bulls Getting Mixed Messages From 8 to 15 Day Forecasts\n• Silver Price Prediction – Prices Rise, as Negative Momentum Decellerates\n• European Equities: A Week in Review – 02/07/21\n• Natural Gas Weekly Price Forecast – Natural Gas Markets Continue to Grind Higher', 'The Bitcoin blockchain has undergone its biggest-ever drop in mining difficulty, as the network’s automatic stabilizing mechanism kicked in following a strict crackdown by China on the country’s cryptocurrency industry.\nAt 6:25 UTC Saturday, mining difficulty plunged by nearly 28% at block 689,471.\nThe steep decline in difficulty led to corresponding plunge in transaction fees, which in turn may have contributed to a $1,000 surge in the price of the leading cryptocurrency on anticipation of a spurt in transactions, according to one observer. In recent trading, the price of BTC was at $34,738, up 3.58% in the last 24 hours. Before the reduction in mining difficulty, BTC was about $33,700.\nRelated:Bitcoin Holds Support; Faces Resistance at $36K\nCharlie Morris, CIO of ByteTree Asset Management, tweeted hours after the difficulty cut that fees had dropped to $6 from $10 yesterday.\nThe adjustment marks the third straight decline in mining difficulty, the first time such a trend has happened since December 2018. On May 29 and June 13, the mining difficulty dropped by 16% and 5%, respectively, according to mining service provider BTC.com.\nBitcoin’s difficulty is measured using an internal score that began at 1 (when Satoshi started mining at the easiest level). It is programmed to increase or decrease incrementally depending on how many miners are competing on the network. It is currently scored at 14,363,025,673,659, down from 19,932,791,027,262.\nBlocks are added to the Bitcoin blockchain at a regular and predictable rate: one block every 10 minutes or so. Block time measures how long it takes to create a new block, but that pace can vary, depending on the number of miners on the network and the speed of their computers. When there are more miners competing to “find” the next block, and earn the 6.125 BTC reward, then those blocks tend to be solved more quickly. However, when miners drop off the network, leaving fewer miners to compete, block times can slow down.\nRelated:Ransomware Group REvil Strikes Again, Demands $70M in Bitcoin From 200 US Firms\nThat’s what happened as Chinese authoritiespushed to tamp downcryptocurrency trading and mining, since the country has historically hostedsuch a large portionof the Bitcoin network’s hashpower. Local authorities in China’sXinjiang Uygur Autonomous Region, the Inner Mongolia Autonomous Region,Qinghai provinceandSichuan provincefollowed the top-down initiative by announcing plans toshut downsome or allbitcoinmines.\nDuring this most recent difficulty period, the mean hashrate, a measure of total computational power contributed to the blockchain through mining, stood at 87.7 exahashes per second, the lowest since December 2019.\xa0That’s down from about a peak of about 180 exahashes per second in mid-May.\nAs a result, Bitcoin’s mean block time slowed significantly, with some blocks taking as long as 23 minutes on Sunday, June 27, though the network appears to have sped up slightly since then.\nThe Bitcoin algorithm is programmed to self-adjust the difficulty level every 2,016 blocks, or roughly every two weeks, in order to maintain a target block time of 10 minutes.\nSo that’s what happened overnight, as the blockchain’s automatic stabilizer mechanism kicked in to incentivize more miners to join the network.\nToday’s difficulty drop will make it easier for the remaining miners to find blocks at a rate closer to the 10-minute target.\nThough a decline in Bitcoin’s hashrat **Last 60 Days of Bitcoin's Closing Prices:** [53333.54, 57424.01, 56396.52, 57356.40, 58803.78, 58232.32, 55859.80, 56704.57, 49150.54, 49716.19, 49880.54, 46760.19, 46456.06, 43537.51, 42909.40, 37002.44, 40782.74, 37304.69, 37536.63, 34770.58, 38705.98, 38402.22, 39294.20, 38436.97, 35697.61, 34616.07, 35678.13, 37332.86, 36684.93, 37575.18, 39208.77, 36894.41, 35551.96, 35862.38, 33560.71, 33472.63, 37345.12, 36702.60, 37334.40, 35552.52, 39097.86, 40218.48, 40406.27, 38347.06, 38053.50, 35787.25, 35615.87, 35698.30, 31676.69, 32505.66, 33723.03, 34662.44, 31637.78, 32186.28, 34649.64, 34434.34, 35867.78, 35040.84, 33572.12, 33897.05] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2021-07-03 **Financial & Commodity Data:** - Gold Closing Price: $1782.60 - Crude Oil Closing Price: $75.16 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $649,045,581,966 - Hash Rate: 98706076.21227616 - Transaction Count: 237463.0 - Unique Addresses: 583136.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.24 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: As we start the current week of trading, inflation stocks appear to be on investors’ minds. For the uninitiated, this part of thestock marketconsists of stocks that perform well or show resilience during inflation. If anything, the economy has and continues to perform exceptionally as it recovers towards pre-pandemic levels. So much so that core inflation markers are starting to lean towards record highs. Just last week, the Consumer Price Index (CPI) surged by 5% year-over-year, its fastest pace since August 2008. For one thing, the rise in the cost of goods and services would stand to affect consumers and businesses alike. In cases like this, some would argue that investors would be wise to add some inflation stocks to their portfolios. Namely, billionaire hedge fund managerPaul Tudor Jonessaid just that in an interview with CNBC earlier today. According to Jones, investors should “go all-in on inflation trades” should the Federal Reserve (Fed) remain unconcerned with rising consumer prices. While watching the Fed ahead of its policy meeting this week, he highlighted commodities,cryptocurrency, and gold. As such, it would not surprise me to see more conservative investors looking for the top inflation stocks now. For instance, commodity-based companies such as Freeport-McMoRan (NYSE: FCX) continue to prosper amidst rising material costs. Aside from commodities, the current market would also favor cryptocurrency players like MicroStrategy (NASDAQ: MSTR) as the dollar potentially weakens. As it stands, both companies’ shares are currently looking at gains of over 275% in the past year. If you are looking to add some defensive inflation plays to your watchlist now, here are four making waves in thestock market today. • Marathon Digital Holdings Inc.(NASDAQ: MARA) • NVIDIA Corporation(NASDAQ: NVDA) • Newmont Corporation(NYSE: NEM) • Riot Blockchain Inc.(NASDAQ: RIOT) Marathon is a digital asset technology company that mines cryptocurrencies. Specifically, it focuses on the blockchain ecosystem and the generation of digital assets. The company currently operates its proprietary data center in Hardin MT with a maximum power capacity of 105 Megawatts. MARA stock currently trades at $31.20 as of 12:22 p.m. ET and has been up by over 17% on today’s opening bell. Investors could be responding to Elon Musk’s comments saying that Tesla (NASDAQ: TSLA) will use bitcoin when mining is done with more clean energy. Earlier in the month, the company provided a Bitcoin production and mining operation update for May 2021. Impressively, the company produced 226.6 newly minted bitcoins in May, increasing total holdings to approximately 5,518 with a fair market value of approximately $203.4 million. It also ended the month with approximately $191.8 million in cash and total liquidity was approximately $395.1 million. It has also received approximately 16,809 S-19 Pro ASIC miners from Bitmain year-to-date with an additional 1,911 units currently in transit. The company has also increased its active mining fleet to approximately 17,655 miners, generating approximately 1.9 EH/s. For these reasons, will you consider adding MARA stock to your portfolio? [Read More]4 Semiconductor Stocks To Watch Right Now Nvidia is a semiconductor company that has essentially pioneered the graphics processing unit (GPU) market. Its products and platforms are used for the large, growing markets of gaming, professional visualization, data center, and automotive industries. NVDA stock currently trades at $719.04 as of 12:22 p.m. ET. On May 31, 2021, the company announced its latest gaming flagship, the GeForce RTX 3080 Ti and RTX 3070 Ti GPU. It is 1.5x faster than the previous generation and is priced at very competitive rates. Powered by the Nvidia Ampere architecture, the RTX 3080 Ti delivers an incredible leap in performance and fidelity with acclaimed features like ray tracing and Nvidia’s DLSS performance-boosting AI. Also, in late May, the company announced record first-quarter financials. Firstly, the company posted record revenue of $5.66 billion, up by 84% year-over-year. A huge chunk of this revenue came from its gaming and data center segments at $2.76 billion and $2.05 billion respectively. Gaming revenue more than doubled year-over-year while data center revenue increased by 79% in that same period. With so many exciting things happening to the company, is NVDA stock a top inflation stock to consider buying? [Read More]4 Artificial Intelligence Stocks To Watch Right Now Newmont is one of the largest gold mining companies in the world. It has ownership of gold mines in Nevada, Ontario, Argentina, and Ghana among others. Aside from gold, it is also a producer of copper, silver, zinc, and lead. Impressively, it is also the only gold producer listed in the S&P 500 Index and is an industry leader in value creation. NEM Stock currently trades at $69.47 as of 12:22 p.m. ET. In May, the company announced that it had completed the acquisition of GT Gold Corporation. “With the acquisition of GT Gold and the Tatogga project in the highly sought-after Golden Triangle district of British Columbia, Canada, Newmont continues to strengthen our world-class portfolio,” said Newmont President and CEO Tom Palmer. The acquisition of the Tatogga project has the potential to contribute to future significant gold and copper annual production for the company. There could also be further exploration opportunities within the land package. All things considered, will you buy NEM stock? [Read more]Best Stocks To Invest In 2021? 3 Cyclical Stocks To Watch Next up, we have Riot Blockchain Inc. For some context, the company is primarily in the business of mining Bitcoin. As such, Riot is constantly looking to expand and upgrade its mining operations. Similar to gold stocks, cryptocurrency stocks like RIOT stock would be in focus when inflation is running high. Evidently, that appears to be the case today as RIOT stock is up by over 19% on Monday and currently trades at $37.05 as of 12:23 p.m. ET. Would now be the time to jump on RIOT stock? Well, if anything, Riot remains as busy as ever on the operational front. Just last week, the company wowed investors with its May 2021 Bitcoin production update. Impressively, Riot produced 227 bitcoins throughout the month, marking a 220% year-over-year surge. On top of that, Riot continues to expand its mining operations in the U.S. as well. In late May, the company completed its acquisition of Whinstone U.S.’ Bitcoin mining facility in Rockdale, Texas. According to Riot, it is currently the largest Bitcoin mining facility in North America. Overall, the company appears to be firing on all cylinders while also finding new ways to significantly expand its portfolio. Would this make RIOT stock a top buy for you now?... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
35287.78, 33746.00, 34235.20, 33855.33, 32877.37, 33798.01, 33520.52, 34240.19, 33155.85, 32702.03
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['Bitcoin, BTC to USD, rose by 2.55% on Saturday. Following a 0.88% gain on Friday, Bitcoin ended the day at $34,682.0.\nA mixed start to the day saw Bitcoin fall to an early morning intraday low $33,350.0 before making a move.\nSteering clear of the first major support level at $33,016, Bitcoin rallied to a late afternoon intraday high $34,948.0.\nBitcoin broke through the first major resistance level at $34,299 and the second major resistance level at $34,783.\nComing up against resistance at $35,000, however, Bitcoin fell back through the second major resistance level to sub-$34,500 levels before steadying.\nThe near-term bullish trend remained intact in spite of the latest slide back to sub-$30,000 levels. For the bears, Bitcoin would need a sustained fall through the 62% FIB of $27,237 to form a near-term bearish trend.\nAcross the rest of the majors, it was a mixed day on Saturday.\nPolkadot fell by 1.02% to buck the trend on the day.\nIt was a bullish day for the rest of the majors, however.\nCrypto.com Coinrallied by 6.21% to lead the way, withBinance Coin(+3.82%) andEthereum(+3.29%) finding strong support.\nBitcoin Cash SV(+2.00%),Litecoin(+2.40%), andRipple’s XRP(+2.53%) also made solid gains.\nCardano’s ADA(+0.70%) andChainlink(+1.42%) trailed the front runners, however.\nIn the current week, the crypto total market rose to a Tuesday high $1,485bn before falling to a Friday low $1,319bn. At the time of writing, the total market cap stood at $1,412bn.\nBitcoin’s dominance rose to a Monday high 47.67% before falling to a Thursday low 45.54%. At the time of writing, Bitcoin’s dominance stood at 45.90%.\nAt the time of writing, Bitcoin was down by 0.28% to $34,585.3. A mixed start to the day saw Bitcoin rise to an early morning high $34,714.6 before falling to a low $34,555.0.\nBitcoin left the major support and resistance levels untested early on.\nElsewhere, it was a mixed start to the day.\nCrypto.com Coin and Polkadot found early support, rising by 0.17% and by 0.01% respectively.\nIt was a bearish start for the rest of the majors, however.\nAt the time of writing, Litecoin was down by 0.31% to lead the way down.\nBitcoin would need to avoid the $34,327 pivot to bring the first major resistance level at $35,303 into play.\nSupport from the broader market would be needed for Bitcoin to break back through to $35,000 levels.\nBarring a broad-based crypto rebound, the first major resistance level would likely cap any upside.\nIn the event of an extended crypto rally, Bitcoin could test resistance at $37,000 levels before any pullback. The second major resistance level sits at $35,925.\nA fall through the $34,327 pivot would bring the first major support level at $33,705 into play.\nBarring another extended sell-off on the day, Bitcoin should steer clear of sub-$32,000 levels. The second major support level at $32,729 should limit the downside.\nThisarticlewas originally posted on FX Empire\n• Silver Weekly Price Forecast – Silver Markets Hanging Onto Ascending Triangle\n• European Equities: A Week in Review – 02/07/21\n• Natural Gas Price Prediction – Prices Rise as Elsa Turns into a Hurricane\n• Has The Rally to $90K+ Started for Bitcoin?\n• Natural Gas Weekly Price Forecast – Natural Gas Markets Continue to Grind Higher\n• Natural Gas Price Fundamental Daily Forecast – Bulls Getting Mixed Messages From 8 to 15 Day Forecasts', 'Bitcoin , BTC to USD, rose by 2.55% on Saturday. Following a 0.88% gain on Friday, Bitcoin ended the day at $34,682.0. A mixed start to the day saw Bitcoin fall to an early morning intraday low $33,350.0 before making a move. Steering clear of the first major support level at $33,016, Bitcoin rallied to a late afternoon intraday high $34,948.0. Bitcoin broke through the first major resistance level at $34,299 and the second major resistance level at $34,783. Coming up against resistance at $35,000, however, Bitcoin fell back through the second major resistance level to sub-$34,500 levels before steadying. The near-term bullish trend remained intact in spite of the latest slide back to sub-$30,000 levels. For the bears, Bitcoin would need a sustained fall through the 62% FIB of $27,237 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was a mixed day on Saturday. Polkadot fell by 1.02% to buck the trend on the day. It was a bullish day for the rest of the majors, however. Crypto.com Coin rallied by 6.21% to lead the way, with Binance Coin (+3.82%) and Ethereum (+3.29%) finding strong support. Bitcoin Cash SV (+2.00%), Litecoin (+2.40%), and Ripple’s XRP (+2.53%) also made solid gains. Cardano’s ADA (+0.70%) and Chainlink (+1.42%) trailed the front runners, however. In the current week, the crypto total market rose to a Tuesday high $1,485bn before falling to a Friday low $1,319bn. At the time of writing, the total market cap stood at $1,412bn. Bitcoin’s dominance rose to a Monday high 47.67% before falling to a Thursday low 45.54%. At the time of writing, Bitcoin’s dominance stood at 45.90%. This Morning At the time of writing, Bitcoin was down by 0.28% to $34,585.3. A mixed start to the day saw Bitcoin rise to an early morning high $34,714.6 before falling to a low $34,555.0. Bitcoin left the major support and resistance levels untested early on. Elsewhere, it was a mixed start to the day. Crypto.com Coin and Polkadot found early support, rising by 0.17% and by 0.01% respectively. Story continues It was a bearish start for the rest of the majors, however. At the time of writing, Litecoin was down by 0.31% to lead the way down. For the Bitcoin Day Ahead Bitcoin would need to avoid the $34,327 pivot to bring the first major resistance level at $35,303 into play. Support from the broader market would be needed for Bitcoin to break back through to $35,000 levels. Barring a broad-based crypto rebound, the first major resistance level would likely cap any upside. In the event of an extended crypto rally, Bitcoin could test resistance at $37,000 levels before any pullback. The second major resistance level sits at $35,925. A fall through the $34,327 pivot would bring the first major support level at $33,705 into play. Barring another extended sell-off on the day, Bitcoin should steer clear of sub-$32,000 levels. The second major support level at $32,729 should limit the downside. This article was originally posted on FX Empire More From FXEMPIRE: Silver Weekly Price Forecast – Silver Markets Hanging Onto Ascending Triangle European Equities: A Week in Review – 02/07/21 Natural Gas Price Prediction – Prices Rise as Elsa Turns into a Hurricane Has The Rally to $90K+ Started for Bitcoin? Natural Gas Weekly Price Forecast – Natural Gas Markets Continue to Grind Higher Natural Gas Price Fundamental Daily Forecast – Bulls Getting Mixed Messages From 8 to 15 Day Forecasts', 'Mortgage rates fell for the 6thtime in 10-weeks in the week ending 1stJuly\nPartially reversing a 9 basis points rise from the previous week, 30-year fixed rates decreased by 4 basis points to 2.98%.\nSince 21stApril, 30-year mortgage rates had risen just once beyond the 3% mark before the decline. The solo visit was in the previous week.\nCompared to this time last year, 30-year fixed rates were down by 9 basis points.\n30-year fixed rates were still down by 196 basis points since November 2018’s last peak of 4.94%.\nIt was a quiet first half of the week on the U.S economic calendar.\nKey stats included consumer confidence, ADP nonfarm employment change, and ISM manufacturing PMI figures.\nThe stats were skewed to the positive in the week, with consumer confidence hitting a 16-month high in June.\nADP nonfarm employment change figures also impressed, with the ADP reporting a 692k increase in nonfarm payrolls.\nFor the markets, the only negative was a modest decline in the ISM Manufacturing PMI from 61.2 to 60.6.\nWhile the stats were skewed to the positive, market jitters over inflation eased in the week, supporting the downward trend in mortgage rates.\nThe weekly average rates for new mortgages as of 1stJuly were quoted byFreddie Macto be:\n• 30-year fixed rates fell by 4 basis points to 2.98% in the week.\xa0This time last year, rates had stood at 3.07%. The average fee fell from 0.7 points to 0.6 points.\n• 15-year fixed declined by 8 basis points to 2.26% in the week. Rates were down by 30 basis points from 2.56% a year ago. The average fee remained unchanged 0.7 points.\n• 5-year fixed rates increased by 1 basis point to 2.54%. Rates were down by 46 points from 3.10% a year ago. The average fee remained unchanged at 0.3 points.\nAccording to Freddie Mac,\n• Economic growth remains steady and is bolstering more segments of the economy.\n• Although low and stable mortgage rates have kept the housing market booming in recent months, a deterioration in affordability and for-sale inventory has led to a market slowdown.\nFor the week ending 25thJune, therateswere:\n• Average interest rates for 30-year fixed to conforming loan balances increased from 3.18% to 3.20%. Points decreased from 0.48 to 0.39 (incl. origination fee) for 80% LTV loans.\n• Average 30-year fixed mortgage rates backed by FHA decreased from 3.21% to 3.19%. Points remained unchanged at 0.34 (incl. origination fee) for 80% LTV loans.\n• Average 30-year rates for jumbo loan balances decreased from 3.26% to 3.23%. Points decreased from 0.44 to 0.33 (incl. origination fee) for 80% LTV loans.\nWeekly figures released by the Mortgage Bankers Association showed that the Market Composite Index, which is a measure of mortgage loan application volume, decreased by 6.9% in the week ending 25thJune. In the week prior, the index had increased by 2.1%.\nThe Refinance Index fell by 8% from the previous week and was 15% lower than the same week a year ago. The Index had risen by 3% in the previous week.\nIn the week ending 25thJune, the refinance share of mortgage activity had fallen from 62.5% to 61.9%. The share had increased **Last 60 Days of Bitcoin's Closing Prices:** [57424.01, 56396.52, 57356.40, 58803.78, 58232.32, 55859.80, 56704.57, 49150.54, 49716.19, 49880.54, 46760.19, 46456.06, 43537.51, 42909.40, 37002.44, 40782.74, 37304.69, 37536.63, 34770.58, 38705.98, 38402.22, 39294.20, 38436.97, 35697.61, 34616.07, 35678.13, 37332.86, 36684.93, 37575.18, 39208.77, 36894.41, 35551.96, 35862.38, 33560.71, 33472.63, 37345.12, 36702.60, 37334.40, 35552.52, 39097.86, 40218.48, 40406.27, 38347.06, 38053.50, 35787.25, 35615.87, 35698.30, 31676.69, 32505.66, 33723.03, 34662.44, 31637.78, 32186.28, 34649.64, 34434.34, 35867.78, 35040.84, 33572.12, 33897.05, 34668.55] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2021-07-04 **Financial & Commodity Data:** - Gold Closing Price: $1782.60 - Crude Oil Closing Price: $75.16 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $666,938,497,266 - Hash Rate: 82108836.0775171 - Transaction Count: 171850.0 - Unique Addresses: 467442.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.27 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: PayPal first announced support for bitcoin and other crypto in 2020 (Getty Images) PayPal has announced that it will add support for external crypto wallets, allowing users to make bitcoin transfers off the platform for the first time. The move follows comments from PayPal CEO Dan Schulman that it has seen huge demand from its users for cryptocurrencies since introducing the ability to buy, sell and hold bitcoin, ethereum and other cryptocurrencies. The California-based company has roughly 350 million customers worldwide, and its recent foray into the crypto space has been seen as one of the key factors behind the market’s resurgence. >> Follow all the latest updates with The Independent’s live coverage of the crypto market When PayPal first announced that it would be opening up its platform to cryptocurrencies in October , the price of bitcoin to immediately surge. At the time, bitcoin was trading at around $13,000 (£10,000), with the positive news pre-empting a market rally that continued until April this year when it peaked above $64,000. Despite a subsequent price crash, bitcoin continues to trade close to $40,000. The latest news has not had the same immediate impact on the price of bitcoin, though it has come at a time that the market is cooling off rather than warming up. Crypto analysts appear divided over whether the price crash in May is the start of a prolonged bear market, similar to the one seen in 2018, or if it is just a dip on the way to new all-time highs. Many seem convinced that crypto has the potential to radically transform the current financial system - a view apparently shared by the PayPal boss. Mr Schulman recently said that current payment infrastructures were “inefficient” and needed modernisation in order to overcome slow and expensive transactions in an increasingly globalised world. “Ten years from now, you will see a tremendous decline in the use of cash,” he said last month. “All form factors of payment will collapse into the mobile phone. Credit cards as a form factor will go away, and you will use your phone because a phone can add much more value than just tapping your credit card.” Story continues Speaking at CoinDesk’s Consensus 2021 conference on Wednesday, the firm’s head of cryptocurrency said: “We want to make it as open as possible, and we want to give choice to our consumers, something that will let them pay in any way they want to pay.” Read More Elon Musk says ethereum founder ‘fears the doge’ Bitcoin price prediction 2021: Experts make six-figure forecasts despite crypto market crash... - Reddit Posts (Sample): [['u/Acceptable_Union_741', 'Bitcoin mining inside electric trains locomotive.', 12, '2021-07-04 01:24', 'https://www.reddit.com/r/Bitcoin/comments/od8puz/bitcoin_mining_inside_electric_trains_locomotive/', "Hi guys i'm a train engineer.\nOur company has about 350 electric locomotives.\nThe trains have individually extra room not utillized.\nThe room is 3m long, 3.5m height and with is 2m.\n\nAny 'big brains' here could me help out with the math, how many miners could be hosted per engine, how to tackle monitering off the mining from a distance, how many hashes it could produce and the revenue it could yield.\n\nThe engine room is pressurized , to keep electronics dust and a stable temperature.\n\nCooling could be re-routed to keep pace with the rising temperature off the mining.\n\nHoping for a healthy discusion and great ideas.", 'https://www.reddit.com/r/Bitcoin/comments/od8puz/bitcoin_mining_inside_electric_trains_locomotive/', 'od8puz', [['u/Acceptable_Union_741', 14, '2021-07-04 01:31', 'https://www.reddit.com/r/Bitcoin/comments/od8puz/bitcoin_mining_inside_electric_trains_locomotive/h3yxno7/', 'I want to make a plan, to create revenu for the company with the exess energy.', 'od8puz'], ['u/[deleted]', 16, '2021-07-04 02:28', 'https://www.reddit.com/r/Bitcoin/comments/od8puz/bitcoin_mining_inside_electric_trains_locomotive/h3z39jt/', 'Sounds like a great way to generate dozens of dollars.', 'od8puz']]], ['u/Past_Ad5078', 'Coins constantly trying to "kill" popular coins may be the reason Crypto dies', 17, '2021-07-04 02:21', 'https://www.reddit.com/r/CryptoCurrency/comments/od9lh9/coins_constantly_trying_to_kill_popular_coins_may/', 'We are right now at a pivotal point in the cryptocurrency market\'s history. Major institutions are adopting and considering the potential of crypto. The world is taking crypto seriously and people are becoming aware of the space (whether through "proper" cryptos or not) at a rate like never before.\n\n\nWe all should advocate for the future of crypto, *not* constantly try to kill well-known, popular coins so your respective altcoin bags can 10X.\n\nThis isn\'t like the stock market where a couple, top stocks could crash and people wouldn\'t question the legitimacy of the market itself.\n\nAs much as some hate it, people need to cope with the fact that BTC and ETH (to a lesser extent) are what determine the state and optics of the crypto market right now. *IF* BTC was to "die" and never surpass 10K again, major confidence would be permanently lost in the crypto space. Many people and institutions are on the fence on whether the crypto market is a "scam" or stable enough, and such an event will likely cause them to leave and never come back.\n\nDo you seriously think if the whole ETH space was to be killed because of (let\'s just say) ADA, that major institutions who invested a good portion of their portfolio into it would suddenly just switch over to ADA?\nNo. They would likely never touch crypto again and advocate against it. For all they know, ADA could be promptly killed by something else that comes along and it all is a grand pump and dump.\nSomething like this would he a *huge* setback for all of crypto.\n\n\nRight now we have a golden opportunity that is likely going to "make or break" crypto. Many big players want to see stability, and right now, that only comes in the form of the top cryptos that everyone knows of: BTC and ETH. Once the crypto market has been taken seriously and has had time to mature, then you guys can shill "killing" other cryptos with your altcoins. Right now, it is in everyone\'s best interest for BTC and ETH to succeed.', 'https://www.reddit.com/r/CryptoCurrency/comments/od9lh9/coins_constantly_trying_to_kill_popular_coins_may/', 'od9lh9', [['u/Commissioner_dr', 17, '2021-07-04 02:25', 'https://www.reddit.com/r/CryptoCurrency/comments/od9lh9/coins_constantly_trying_to_kill_popular_coins_may/h3z2yis/', 'I think we still have a long way to go and I\'m not sure if this is really a "make or break" moment but that\'s just my 2 cents.', 'od9lh9'], ['u/Apollo_DiamondHands', 26, '2021-07-04 02:39', 'https://www.reddit.com/r/CryptoCurrency/comments/od9lh9/coins_constantly_trying_to_kill_popular_coins_may/h3z4a1q/', 'I think your scope is off and you aren’t seeing the bigger picture. Blockchain technology is the game changer. Crypto just happens to go along with it but isn’t needed. Crypto isn’t going anywhere and institutions/ big money aren’t investing into anything other than real deal crypto. You said that institutions are on the fence on if crypto is a scam is laughable considering all bitcoin that is being mined is being bought up by institutions and you can fact check this. I’ve personally done it many times. It’s just a narrative that isn’t show by media and you have to dig for the true knowledge. The lid has been taken off the jar and can’t be put back on. Just wait till the major shift happens when all these companies that are buying up all the bitcoin utilize the upcoming bitcoin to Monero swap that allows them to hide money from the Government so they don’t get taxed on it ultimately making them untouchable financially.', 'od9lh9'], ['u/Surfif456', 11, '2021-07-04 03:26', 'https://www.reddit.com/r/CryptoCurrency/comments/od9lh9/coins_constantly_trying_to_kill_popular_coins_may/h3z8vhb/', "It's a free market. Saying that alternatives shouldn't exist because your portfolio might dump is draconian nonsense. Competition is good", 'od9lh9']]], ['u/Gentlerman27', 'How fitgirl makes money', 54, '2021-07-04 02:30', 'https://www.reddit.com/r/Piracy/comments/od9qnz/how_fitgirl_makes_money/', 'For quite a while now any claim made about fitgirl repacks installing viruses or bitcoin farming through repacks has been refuted, but i am curious how fitgirl makes money. It may just be my lack of knowledge in piracy in general, but do they sell theyre repacks or gain money in some way? Becaue considering the amount of repacks the fitgirl team puts out it looks like it is more of a full time job than a side project and the fact their site has no ads is a bit sus to me unless it is known how they make money. It probably is known and i just am not knowledgeable about it but ive gotten a bit curious recently.', 'https://www.reddit.com/r/Piracy/comments/od9qnz/how_fitgirl_makes_money/', 'od9qnz', [['u/AbleTimes', 81, '2021-07-04 02:35', 'https://www.reddit.com/r/Piracy/comments/od9qnz/how_fitgirl_makes_money/h3z3wiq/', 'Fitgirl is a single person who does these for no profit, AFAIK. If I made these repacks by myself, I wouldn’t try to profit off them, not only because I’d be profiting off other people’s work but because there are far better ways to make money.', 'od9qnz'], ['u/Ibcap', 43, '2021-07-04 02:37', 'https://www.reddit.com/r/Piracy/comments/od9qnz/how_fitgirl_makes_money/h3z45d2/', 'These communities arent in it for money. Scene and p2p groups spend thousands of dollars buying content and cracking/distributing it for the community, not for profit. Repackers are just doing the same thing by packing the scene releases.', 'od9qnz'], ['u/_queef_in_my_mouth_', 50, '2021-07-04 02:46', 'https://www.reddit.com/r/Piracy/comments/od9qnz/how_fitgirl_makes_money/h3z50vl/', 'Last I checked, there was a bitcoin donation link on fitgirls site. Put the bitcoin address into https://www.blockchain.com/explorer/ and you can see exactly how much money they make.', 'od9qnz'], ['u/Jinora-', 11, '2021-07-04 02:48', 'https://www.reddit.com/r/Piracy/comments/od9qnz/how_fitgirl_makes_money/h3z558p/', "it's not much but doesn't she accept donation and mining resources?", 'od9qnz'], ['u/Boogertwilliams', 14, '2021-07-04 03:00', 'https://www.reddit.com/r/Piracy/comments/od9qnz/how_fitgirl_makes_money/h3z6dto/', 'I guess she has a job?', 'od9qnz'], ['u/TossPowerTrap', 50, '2021-07-04 03:33', 'https://www.reddit.com/r/Piracy/comments/od9qnz/how_fitgirl_makes_money/h3z9idz/', "Seeing someone leech one of my obscure treasures is one of life's simple pleasures.", 'od9qnz'], ['u/redsand69', 12, '2021-07-04 05:32', 'https://www.reddit.com/r/Piracy/comments/od9qnz/how_fitgirl_makes_money/h3zkvh3/', '“She”', 'od9qnz'], ['u/creeperhiss', 10, '2021-07-04 06:14', 'https://www.reddit.com/r/Piracy/comments/od9qnz/how_fitgirl_makes_money/h3zolwx/', 'has their gender been verified?', 'od9qnz'], ['u/thephantompeen', 46, '2021-07-04 07:03', 'https://www.reddit.com/r/Piracy/comments/od9qnz/how_fitgirl_makes_money/h3zsmyx/', "Of course not. Because it's some group of Russian or Ukrainian 20-something guys pretending to be a hot girl hacker single-handedly releasing dozens of repacked games every day.", 'od9qnz'], ['u/creeperhiss', 13, '2021-07-04 07:27', 'https://www.reddit.com/r/Piracy/comments/od9qnz/how_fitgirl_makes_money/h3zuhp1/', 'Sounds about right', 'od9qnz'], ['u/igromanru', 10, '2021-07-04 17:08', 'https://www.reddit.com/r/Piracy/comments/od9qnz/how_fitgirl_makes_money/h412wcn/', "Exactly. All the people are adding viruses to pirated content are absolute douchebags. They take other's work and use it for their own gain.", 'od9qnz'], ['u/mongus123', 29, '2021-07-04 22:41', 'https://www.reddit.com/r/Piracy/comments/od9qnz/how_fitgirl_makes_money/h42779e/', '$573 usd if anyone was wondering and too lazy to do it themselves', 'od9qnz']]], ['u/Cuong_Nguyen_Hoang', 'Needing resources to help recovering money from a NBN scam in Victoria.', 42, '2021-07-04 03:27', 'https://www.reddit.com/r/AusLegal/comments/odalg6/needing_resources_to_help_recovering_money_from_a/', "Hello, I would like to seek help from you about how to recover my money that I lost from a scam. Here is my full story:\n\nYesterday I was called by a woman who asked me to let her check a NBN connection, since she said that I am at risk of data breaches. Then a man called me and said that he needs me to download a bunch of applications (like AweSun, TeamViewer and AnyDesk) to my phone and my computer. Using that, he forced me to give him ba... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
33746.00, 34235.20, 33855.33, 32877.37, 33798.01, 33520.52, 34240.19, 33155.85, 32702.03, 32822.35
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['Bitcoin, BTC to USD, rose by 1.53% in the week ending 4thJuly. Partially reversing a 2.55% loss from the previous week, Bitcoin ended the week at $35,276.\nAfter a mixed start to the week, Bitcoin rose to a Tuesday intraweek high $36,600.0 before hitting reverse.\nFalling short of the first major resistance level at $37,302, Bitcoin slid to a Friday intraweek low $32,700.0.\nSteering clear of the first major support level at $30,717, Bitcoin moved back through to $35,000 levels to deliver the upside for the week.\n4 days in the green that included a 4.14% rally on Tuesday delivered the upside for the week.\nBitcoin would need to avoid a fall back through the $34,859 pivot to support a run the first major resistance level at $37,017.\nSupport from the broader market would be needed for Bitcoin to break out from last week’s high $36,600.0.\nBarring an extended crypto rally, the first major resistance level would likely cap any upside.\nIn the event of an extended breakout, Bitcoin could test resistance at $40,000 before any pullback. The second major resistance level sits at $38,759.\nFailure to avoid a fall back through the $34,859 pivot would bring the first major support level at $33,117 into play.\nBarring another extended sell-off, Bitcoin should steer clear of sub-$30,000 levels. The second major support level at $30,959 should limit the downside.\nAt the time of writing, Bitcoin was down by 1.11% to $34,883.0. A bearish start to the week saw Bitcoin fall from an early Monday high $35,280.0 to a low $34,773.0.\nBitcoin left the major support and resistance levels untested at the start of the week.\nEthereumrallied by 17.04% in the week ending 4thJuly. Reversing an 11.51% slide from the previous week, Ethereum ended the week at $2,323.15.\nA mixed start to the week saw Ethereum fall to a Monday intraweek low $1,957.24 before making a move.\nSteering clear of the 62% FIB of $1,725 and the first major support level at $1,703, Ethereum struck a Sunday intraweek high $2,389.22.\nEthereum broke through the first major resistance level at $2,263 to end the week at $2,300 levels.\n6-days in the green that included a 5.10% rally on Wednesday delivered the upside for the week.\nEthereum would need to avoid the pivot at $2,223 to bring the first major resistance level at $2,489 into play.\nSupport from the broader market would be needed, however, for Ethereum to break back through to $2,400 levels.\nBarring an extended crypto rally, the first major resistance level and resistance at $2,500 would likely cap any upside.\nIn the event of an extended breakout, Ethereum could test resistance at the 38.2% FIB of $2,740 before any pullback. The second major resistance level sits at $2,655.\nA fall through the pivot at $2,223 would bring the first major support level at $2,057 into play.\nBarring another extended sell-off in the week, Ethereum should steer clear of sub-$2,000 levels. The second major support sits at $1,791.\nAt the time of writing, Ethereum was down 0.25% to $2,317.30. A mixed start to the week saw Ethereum fall to an early Monday low $2,303.44 before rising to a high $2,324.44.\nEthereum left the major support and resistance levels untested at the start of the week.\nThisarticlewas originally posted on FX Empire\n• AUD/USD and NZD/USD Fundamental Daily Forecast – Mixed US NFP Report Fuels Major Short-Covering Rally\n• Ethereum, Litecoin, and Ripple’s XRP – Daily Tech Analysis – July 5th, 2021\n• EOS, Stellar’s Lumen, and Tron’s TRX – Daily Analysis – July 5th, 2021\n• The Week Ahead – Economic Data, Monetary Policy, and COVID-19 in Focus\n• Bitcoin and Ethereum – Weekly Technical Analysis – July 5th, 2021\n• European Equities: Service Sector PMIs and COVID-19 News in Focus', 'Bitcoin, BTC to USD, rose by 1.53% in the week ending 4thJuly. Partially reversing a 2.55% loss from the previous week, Bitcoin ended the week at $35,276.\nAfter a mixed start to the week, Bitcoin rose to a Tuesday intraweek high $36,600.0 before hitting reverse.\nFalling short of the first major resistance level at $37,302, Bitcoin slid to a Friday intraweek low $32,700.0.\nSteering clear of the first major support level at $30,717, Bitcoin moved back through to $35,000 levels to deliver the upside for the week.\n4 days in the green that included a 4.14% rally on Tuesday delivered the upside for the week.\nBitcoin would need to avoid a fall back through the $34,859 pivot to support a run the first major resistance level at $37,017.\nSupport from the broader market would be needed for Bitcoin to break out from last week’s high $36,600.0.\nBarring an extended crypto rally, the first major resistance level would likely cap any upside.\nIn the event of an extended breakout, Bitcoin could test resistance at $40,000 before any pullback. The second major resistance level sits at $38,759.\nFailure to avoid a fall back through the $34,859 pivot would bring the first major support level at $33,117 into play.\nBarring another extended sell-off, Bitcoin should steer clear of sub-$30,000 levels. The second major support level at $30,959 should limit the downside.\nAt the time of writing, Bitcoin was down by 1.11% to $34,883.0. A bearish start to the week saw Bitcoin fall from an early Monday high $35,280.0 to a low $34,773.0.\nBitcoin left the major support and resistance levels untested at the start of the week.\nEthereumrallied by 17.04% in the week ending 4thJuly. Reversing an 11.51% slide from the previous week, Ethereum ended the week at $2,323.15.\nA mixed start to the week saw Ethereum fall to a Monday intraweek low $1,957.24 before making a move.\nSteering clear of the 62% FIB of $1,725 and the first major support level at $1,703, Ethereum struck a Sunday intraweek high $2,389.22.\nEthereum broke through the first major resistance level at $2,263 to end the week at $2,300 levels.\n6-days in the green that included a 5.10% rally on Wednesday delivered the upside for the week.\nEthereum would need to avoid the pivot at $2,223 to bring the first major resistance level at $2,489 into play.\nSupport from the broader market would be needed, however, for Ethereum to break back through to $2,400 levels.\nBarring an extended crypto rally, the first major resistance level and resistance at $2,500 would likely cap any upside.\nIn the event of an extended breakout, Ethereum could test resistance at the 38.2% FIB of $2,740 before any pullback. The second major resistance level sits at $2,655.\nA fall through the pivot at $2,223 would bring the first major support level at $2,057 into play.\nBarring another extended sell-off in the week, Ethereum should steer clear of sub-$2,000 levels. The second major support sits at $1,791.\nAt the time of writing, Ethereum was down 0.25% to $2,317.30. A mixed start to the week saw Ethereum fall to an early Monday low $2,303.44 before rising to a high $2,324.44.\nEthereum left the major support and resistance levels untested at the start of the week.\nThisarticlewas originally posted on FX Empire\n• AUD/USD and NZD/USD Fundamental Daily Forecast – Mixed US NFP Report Fuels Major Short-Covering Rally\n• Ethereum, Litecoin, and Ripple’s XRP – Daily Tech Analysis – July 5th, 2021\n• EOS, Stellar’s Lumen, and Tron’s TRX – Daily Analysis – July 5th, 2021\n• The Week Ahead – Economic Data, Monetary Policy, and COVID-19 in Focus\n• Bitcoin and Ethereum – Weekly Technical Analysis – July 5th, 2021\n• European Equities: Service Sector PMIs and COVID-19 News in Focus', 'Bitcoin Bitcoin , BTC to USD, rose by 1.53% in the week ending 4 th July. Partially reversing a 2.55% loss from the previous week, Bitcoin ended the week at $35,276. After a mixed start to the week, Bitcoin rose to a Tuesday intraweek high $36,600.0 before hitting reverse. Falling short of the first major resistance level at $37,302, Bitcoin slid to a Friday intraweek low $32,700.0. Steering clear of the first major support level at $30,717, Bitcoin moved back through to $35,000 levels to deliver the upside for the week. 4 days in the green that included a 4.14% rally on Tuesday delivered the upside for the week. For the week ahead Bitcoin would need to avoid a fall back through the $34,859 pivot to support a run the first major resistance level at $37,017. Support from the broader market would be needed for Bitcoin to break out from last week\x92s high $36,600.0. Barring an extended crypto rally, the first major resistance level would likely cap any upside. In the event of an extended breakout, Bitcoin could test resistance at $40,000 before any pullback. The second major resistance level sits at $38,759. Failure to avoid a fall back through the $34,859 pivot would bring the first major support level at $33,117 into play. Barring another extended sell-off, Bitcoin should steer clear of sub-$30,000 levels. The second major support level at $30,959 should limit the downside. At the time of writing, Bitcoin was down by 1.11% to $34,883.0. A bearish start to the week saw Bitcoin fall from an early Monday high $35,280.0 to a low $34,773.0. Bitcoin left the major support and resistance levels untested at the start of the week. Ethereum Ethereum rallied by 17.04% in the week ending 4 th July. Reversing an 11.51% slide from the previous week, Ethereum ended the week at $2,323.15. A mixed start to the week saw Ethereum fall to a Monday intraweek low $1,957.24 before making a move. Steering clear of the 62% FIB of $1,725 and the first major support level at $1,703, Ethereum struck a Sunday intraweek high $2,389.22. Story continues Ethereum broke through the first major resistance level at $2,263 to end the week at $2,300 levels. 6-days in the green that included a 5.10% rally on Wednesday delivered the upside for the week. For the week ahead Ethereum would need to avoid the pivot at $2,223 to bring the first major resistance level at $2,489 into play. Support from the broader market would be needed, however, for Ethereum to break back through to $2,400 levels. Barrin **Last 60 Days of Bitcoin's Closing Prices:** [56396.52, 57356.40, 58803.78, 58232.32, 55859.80, 56704.57, 49150.54, 49716.19, 49880.54, 46760.19, 46456.06, 43537.51, 42909.40, 37002.44, 40782.74, 37304.69, 37536.63, 34770.58, 38705.98, 38402.22, 39294.20, 38436.97, 35697.61, 34616.07, 35678.13, 37332.86, 36684.93, 37575.18, 39208.77, 36894.41, 35551.96, 35862.38, 33560.71, 33472.63, 37345.12, 36702.60, 37334.40, 35552.52, 39097.86, 40218.48, 40406.27, 38347.06, 38053.50, 35787.25, 35615.87, 35698.30, 31676.69, 32505.66, 33723.03, 34662.44, 31637.78, 32186.28, 34649.64, 34434.34, 35867.78, 35040.84, 33572.12, 33897.05, 34668.55, 35287.78] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2021-07-05 **Financial & Commodity Data:** - Gold Closing Price: $1782.60 - Crude Oil Closing Price: $75.16 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $645,854,903,309 - Hash Rate: 94246664.01941094 - Transaction Count: 223760.0 - Unique Addresses: 547735.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.29 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Bitcoin has dropped more than 40% in the past two months, and oddsmakers are beginning to wager that the cryptocurrency has a much steeper fall ahead. Bookmakers at US-Bookies.com have raised the odds that Bitcoin drops to $10,000 this year to 8-to-11—a 57.9% implied probability. Subscribe to The Ledgerfor expert weekly analysis on fintech’s big stories, delivered free to your inbox. A handful of bookies are even more pessimistic. Bitcoin presently has 33-to-1 odds of dropping below $1,000 by the end of the year (just a 2.9% implied probability). That, of course, is unlikely, but it’s notable that in mid-April, the odds of the crypto falling that low were 250-to-1 (a 0.4% implied probability). Making such wagers on crypto, at least in a casino or online betting forum, is illegal in the U.S. The data from US-Bookies is taken from European and worldwide markets, where it is allowed. The shift in oddsmaker sentiment comes amid bullish and bearish news about Bitcoin. El Salvador recentlyendorsed the cryptoaslegal tender. And global banking regulators have been increasinglysignaling a rising acceptanceof the digital currency. But news that the U.S. government recovered nearly all of theransom paid by Colonial Pipelineshook some investors’ confidence in the security of Bitcoin transfers. Meanwhile, the IRS has said it isprioritizing an effort to enforce tax collectionon Bitcoin trades. Bitcoin was treading water in midday trading Thursday, up slightly by 2.5% to $37,115,according to Coindesk. Just one month ago, though, it was trading at $55,715. • Hot cryptocurrencies set offa stampedefor their unlikely mascot: Shiba Inu dogs • Trivago’s CFO emergesfrom a "long and very difficult winter" • Ally’s move to eliminate overdraft feesputs more pressure on big banksto lose a big revenue source • Why inflationcould end the truceat Europe’s central bank over Fed-style money printing • Reddit’s WallStreetBets communityturns its focus to Clover Health This story was originally featured onFortune.com... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
34235.20, 33855.33, 32877.37, 33798.01, 33520.52, 34240.19, 33155.85, 32702.03, 32822.35, 31780.73
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['Shortly after being entwined in a legal decision in the U.K., the Bitcoin.org website has faced another battle, this time on the technical front. According to the site\x92s pseudonymous operator, Cobra, Bitcoin.org was hit with an \x93absolutely massive\x94 distributed denial of service (DDoS) attack. CoinDesk was able to access the site without issue. Decrypt reported on Monday that attackers had demanded 0.5 bitcoin ($17,012 at the time) to have the site\x92s services and operations restored to normal. Related: Bitcoin Rangebound at Support; Resistance at $36K CoinDesk attempted to contact Cobra to discuss the issue but did not hear back by press time. DDoS is a type of cyber attack that targets a site\x92s host or its infrastructure by flooding the host with request traffic that then overwhelms the system and renders it inoperable. The attack is the latest development for the site, which is designed to educate and instruct others on how to buy and sell the crypto. Last week, London\x92s High Court awarded nChain Chief Scientist Craig Wright a default judgment because Cobra, not wishing to reveal their true identity, decided not to show. The court ruled Bitcoin.org must discontinue hosting its copy of the Bitcoin white paper. Related Stories Bitcoin Trims Gains as PBOC Steps Up Crypto Crackdown UBS Says Regulatory Crackdown Could Pop \x91Bubble-Like Crypto Markets\x92: Report Brazil\x92s Bitcoin Banco Group and Leader Arrested for Alleged Embezzlement of $300M in Crypto', 'Shortly after being entwined in a legal decision in the U.K., the Bitcoin.org website has faced another battle, this time on the technical front.\nAccording to the site’s pseudonymous operator, Cobra, Bitcoin.org was hit with an “absolutely massive” distributed denial of service (DDoS) attack. CoinDesk was able to access the site without issue.\nDecrypt reportedon Monday that attackers had demanded 0.5bitcoin($17,012 at the time) to have the site’s services and operations restored to normal.\nRelated:Bitcoin Rangebound at Support; Resistance at $36K\nCoinDesk attempted to contact Cobra to discuss the issue but did not hear back by press time.\nDDoS is a type of cyber attack that targets a site’s host or its infrastructure by flooding the host with request traffic that then overwhelms the system and renders it inoperable.\nThe attack is the latest development for the site, which is designed to educate and instruct others on how to buy and sell the crypto.\nLast week,London’s High Courtawarded nChain Chief Scientist Craig Wright a default judgment because Cobra, not wishing to reveal their true identity, decided not to show. The court ruled Bitcoin.org must discontinue hosting its copy of the Bitcoin white paper.\n• Bitcoin Trims Gains as PBOC Steps Up Crypto Crackdown\n• UBS Says Regulatory Crackdown Could Pop ‘Bubble-Like Crypto Markets’: Report\n• Brazil’s Bitcoin Banco Group and Leader Arrested for Alleged Embezzlement of $300M in Crypto', 'Shortly after being entwined in a legal decision in the U.K., the Bitcoin.org website has faced another battle, this time on the technical front.\nAccording to the site’s pseudonymous operator, Cobra, Bitcoin.org was hit with an “absolutely massive” distributed denial of service (DDoS) attack. CoinDesk was able to access the site without issue.\nDecrypt reportedon Monday that attackers had demanded 0.5bitcoin($17,012 at the time) to have the site’s services and operations restored to normal.\nRelated:Bitcoin Rangebound at Support; Resistance at $36K\nCoinDesk attempted to contact Cobra to discuss the issue but did not hear back by press time.\nDDoS is a type of cyber attack that targets a site’s host or its infrastructure by flooding the host with request traffic that then overwhelms the system and renders it inoperable.\nThe attack is the latest development for the site, which is designed to educate and instruct others on how to buy and sell the crypto.\nLast week,London’s High Courtawarded nChain Chief Scientist Craig Wright a default judgment because Cobra, not wishing to reveal their true identity, decided not to show. The court ruled Bitcoin.org must discontinue hosting its copy of the Bitcoin white paper.\n• Bitcoin Trims Gains as PBOC Steps Up Crypto Crackdown\n• UBS Says Regulatory Crackdown Could Pop ‘Bubble-Like Crypto Markets’: Report\n• Brazil’s Bitcoin Banco Group and Leader Arrested for Alleged Embezzlement of $300M in Crypto', 'Federal Police in Brazil have arrested members and a leader of the Bitcoin Banco group for their alleged involvement in an embezzlement scheme. In a press conference streamed live on Monday, police named businessman and self-proclaimed \x93Bitcoin King\x94 Claudio Oliveira, as leader of the group. The group is alleged to have embezzled R$1.5 billion (US$300 million). Operation Daemon was conducted by around 90 federal police officers in Curitiba and the Metropolitan Region, according to a police press release on Monday. The operation was based on intelligence gathered over a three-year investigation which alleges the group engaged in fraudulent scams and embezzlement. In 2019, the group reported 7,000 bitcoin had gone missing and client withdrawals from the group\x92s brokers ceased, sparking an investigation. After which, the group filed for a judicial recovery \x96 a type of exemption allowing an entity to pay creditors without filing for bankruptcy. The fraud is alleged to have harmed thousands of investors. Related Stories Bitcoin Rangebound at Support; Resistance at $36K Bitcoin Trims Gains as PBOC Steps Up Crypto Crackdown UBS Says Regulatory Crackdown Could Pop \x91Bubble-Like Crypto Markets\x92: Report Bitcoin.org Hit With DDoS Attack, Bitcoin Demanded as Ransom', 'Federal Police in Brazil have arrested members and a leader of the Bitcoin Banco group for their alleged involvement in an embezzlement scheme.\n• In apress conferencestreamed live on Monday, police named businessman and self-proclaimed “Bitcoin King” Claudio Oliveira, as leader of the group.\n• The group is alleged to have embezzled R$1.5 billion (US$300 million).\n• Operation Daemon was conducted by around 90 federal police officers in Curitiba and the Metropolitan Region, according to a policepress releaseon Monday.\n• The operation was based on intelligence gathered over a three-year investigation which alleges the group engaged in fraudulent scams and embezzlement.\n• In 2019, the group reported 7,000bitcoinhad gone missing and client withdrawals from the group’s brokers ceased, sparking an investigation.\n• After which, the group filed for a judicial recovery – a type of exemption allowing an entity to pay creditors without filing for bankruptcy.\n• The fraud is alleged to have harmed thousands of investors.\n• Bitcoin Rangebound at Support; Resistance at $36K\n• Bitcoin Trims Gains as PBOC Steps Up Crypto Crackdown\n• UBS Says Regulatory Crackdown Could Pop ‘Bubble-Like Crypto Markets’: Report\n• Bitcoin.org Hit With DDoS Attack, Bitcoin Demanded as Ransom', 'Federal Police in Brazil have arrested members and a leader of the Bitcoin Banco group for their alleged involvement in an embezzlement scheme.\n• In apress conferencestreamed live on Monday, police named businessman and self-proclaimed “Bitcoin King” Claudio Oliveira, as leader of the group.\n• The group is alleged to have embezzled R$1.5 billion (US$300 million).\n• Operation Daemon was conducted by around 90 federal police officers in Curitiba and the Metropolitan Region, according to a policepress releaseon Monday.\n• The operation was based on intelligence gathered over a three-year investigation which alleges the group engaged in fraudulent scams and embezzlement.\n• In 2019, the group reported 7,000bitcoinhad gone missing and client withdrawals from the group’s brokers ceased, sparking an investigation.\n• After which, the group filed for a judicial recovery – a type of exemption allowing an entity to pay creditors without filing for bankruptcy.\n• The fraud is alleged to have harmed thousands of investors.\n• Bitcoin Rangebound at Support; Resistance at $36K\n• Bitcoin Trims Gains as PBOC Steps Up Crypto Crackdown\n• UBS Says Regulatory Crackdown Could Pop ‘Bubble-Like Crypto Markets’: Report\n• Bitcoin.org Hit With DDoS Attack, Bitcoin Demanded as Ransom', 'Most people consider investing or trading in Bitcoin and other cryptocurrencies as intimidating. This is because the cryptocurrency market has been presented to most people as a very technical financial market. However, that is not the case. You can start trading or invest in cryptos in no time, as long as you follow the right process. Following the right process starts by choosing the cryptocurrency exchange to use. Crypto exchanges are your gateway to the cryptocurrency market. Hence, the reason why they are important. This guide helps you learn how to choose a crypto exchange and some of the best ones in the market. Table of Contents What Are Crypto Exchanges? What Are The Criteria For Choosing Crypto Exchanges? The Top Four Cryptocurrency Exchanges For Experts And Beginners How To Use A Cryptocurrency Exchange What Are Crypto Exchanges? Crypto Exchanges are platforms where people can buy and sell cryptos like Bitcoin. You can use the exchanges to trade one cryptocurrency for another \x97 converting Bitcoin to Ether \x96 or to purchase the cryptocurrency using regular fiat currencies like the USD or GBP. These platforms reflect the current market prices of the cryptocurrencies they offer. The users can also convert the cryptos back to fiat currencies on an exchange, giving them the option to withdraw the funds back to their regular bank account or leave it on the exchange platform to trade back into cryptocurrencies later. There are hundreds of cryptocurrency exchanges available to traders and investors. Hence, making it a tough decision to choose the best ones. However, the criteria outlined below will help you determine how to choose the right cryptocurrency exch **Last 60 Days of Bitcoin's Closing Prices:** [57356.40, 58803.78, 58232.32, 55859.80, 56704.57, 49150.54, 49716.19, 49880.54, 46760.19, 46456.06, 43537.51, 42909.40, 37002.44, 40782.74, 37304.69, 37536.63, 34770.58, 38705.98, 38402.22, 39294.20, 38436.97, 35697.61, 34616.07, 35678.13, 37332.86, 36684.93, 37575.18, 39208.77, 36894.41, 35551.96, 35862.38, 33560.71, 33472.63, 37345.12, 36702.60, 37334.40, 35552.52, 39097.86, 40218.48, 40406.27, 38347.06, 38053.50, 35787.25, 35615.87, 35698.30, 31676.69, 32505.66, 33723.03, 34662.44, 31637.78, 32186.28, 34649.64, 34434.34, 35867.78, 35040.84, 33572.12, 33897.05, 34668.55, 35287.78, 33746.00] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2021-07-06 **Financial & Commodity Data:** - Gold Closing Price: $1793.50 - Crude Oil Closing Price: $73.37 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $641,221,998,750 - Hash Rate: 101386562.80876024 - Transaction Count: 228279.0 - Unique Addresses: 579824.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.20 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: VanEck has submitted an application with the U.S. SEC for a Bitcoin Strategy Fund that will invest in bitcoin futures contracts, ETPs, and pooled investment vehicles. Investment management company VanEck has filed yetanother applicationwith the United States, this time a prospectus for a bitcoin futures mutual fund. The “Bitcoin Strategy Fund” offers investment in bitcoin futures contracts, in addition to pooled investment vehicles and exchange-traded products with exposure to the cryptocurrency. It emphasizes that it does not invest in bitcoin directly. According to the filing, the fund will invest in “certain” bitcoin futures through a subsidiary of the fund that falls under the laws of the Cayman Islands. The fund’s investment in the subsidiary will not exceed 25% of the value of the fund’s total assets at each quarter-end of the fund’s fiscal year. Additionally, the fund may invest in restricted securities — securities acquired in unregistered, private sales from an issuing company — including private investment funds. The point about not investing in bitcoin directly is important, as the U.S. SEC is hesitant to approve anything that offers direct exposure to the cryptocurrency for fear of investor risk. This has been one of the key talking points in the ongoing review of ETFs, of which there are now several that the SEC has to deal with. The application joins a list of others by VanEck, which is going all-in with its hope that the SEC will approve one soon. It has already launched anETP in Europe, granting exposure to blockchain and cryptocurrency companies. The SEC has been cagey about the applications being sent its way, but it could be that analysts believe that will soon change. VanEck is the most well-known of crypto ETF applicants, with the company already having applied for a Bitcoin ETF and Ether ETF. The former has beendelayed by the SECmultiple times, most recently last week, with the new deadline being set to July. The probability of either ETF being approved by the SEC is uncertain, especially given U.S. authorities’ recent remarks on the crypto space. High-level government officials have said thatinvestor protectionand volatility, market manipulation are concerns when it comes to the crypto market. The market’s price drop over the past few days will only bring further reviews of the market. A broad global scrutiny of the cryptocurrency market has made the potential approval even more dicey. The market is currently in a phase of price consolidation while regulators simultaneously figure out how to protect investors as the asset class ropes in a greater swathe of the public.... - Reddit Posts (Sample): [['u/Red-Eye-Jedii', 'Pros and cons of storing BTC in a wallet vs offline?', 15, '2021-07-06 00:16', 'https://www.reddit.com/r/Bitcoin/comments/oehont/pros_and_cons_of_storing_btc_in_a_wallet_vs/', "Hello, HODLers. I've been following bitcoin and crypto for a few years now and have accumulated a small amount of BTC. I am just curious what your thoughts are on storing BTC on a wallet vs offline. What are the best ways to store it offline, a flash drive or hard drive? Is Coinbase a good wallet? Is it worth potentially losing the offline storage piece in the unlikely event my wallet gets hacked? Any advice is appreciated. Keep HODLing!\n\nEdit: Coinbase is an exchange, clearly distinct from a hardware wallet. I've already learned quite a bit, thanks for the feed back.", 'https://www.reddit.com/r/Bitcoin/comments/oehont/pros_and_cons_of_storing_btc_in_a_wallet_vs/', 'oehont', [['u/Amber_Sam', 11, '2021-07-06 00:26', 'https://www.reddit.com/r/Bitcoin/comments/oehont/pros_and_cons_of_storing_btc_in_a_wallet_vs/h46aqae/', "If the website goes down, you might never see your Bitcoin again - Not your keys, not your cheese. \n\nInstall (or buy - in case you're getting Bitcoin in Thousands of $) one or more of these wallets.\n\nA few good wallet choices:\n\n[https://blockstream.com/green/](https://blockstream.com/green/) \\- Top Security Features, Open Source and Non-Custodial\n\n[https://www.wasabiwallet.io/](https://www.wasabiwallet.io/) \\- Excellent privacy, Open Source and Non-Custodial\n\n[https://electrum.org](https://electrum.org/) \\- Solid choice, Open Source and Non-Custodial, one of the oldest and most trusted Bitcoin Wallets.\n\nLightning wallets to consider (cheaper and faster transactions, great for very small amounts):\n\n[https://phoenix.acinq.co/](https://phoenix.acinq.co/) \\- Phoenix works on Android\n\n[https://breez.technology](https://breez.technology/) \\- Breez - Android or iOS\n\nHardware Wallets (to store larger amounts):\n\n[https://trezor.io/](https://trezor.io/) \\- Easy to use, no matter how new in Bitcoin you're.\n\n[https://coldcardwallet.com/](https://coldcardwallet.com/) \\- ColdCaard is currently the safest and most recommended here.\n\nThere's also Ledger, but I wouldn't recommend as not fully open source, keep and already leaked customers' details, etc. Whatever wallet you'll decide to buy, purchase DIRECTLY from the manufacturer, no eBay, no Amazon. Make sure the device is NOT preset, and you will generate your own seed words. This little device will hold the keys to your money, that's the reason why you have to be a bit more careful. Also, no worries, if it breaks, you can replace it - as long as you keep your seed words safe.", 'oehont']]], ['u/According_Pie5986', 'Most cost effective way to buy XDC?', 10, '2021-07-06 00:46', 'https://www.reddit.com/r/xinfin/comments/oei7rk/most_cost_effective_way_to_buy_xdc/', 'I just bought my 3rd bag ($500) and seem to have lost 8.5-10% in transfers/fees on bitrue. \n\nBought $500 USD > BTC > XRP > 4473 XDC granted it took 1.5 hours and the final price was more than when I initiated.\n\nHow do they XDC OGs cop? Pls and ty', 'https://www.reddit.com/r/xinfin/comments/oei7rk/most_cost_effective_way_to_buy_xdc/', 'oei7rk', [['u/Abbas_179', 10, '2021-07-06 02:48', 'https://www.reddit.com/r/xinfin/comments/oei7rk/most_cost_effective_way_to_buy_xdc/h46qbbz/', 'Buy xrp on a different exchange ( preferably one with low withdrawal fees) \nSend xrp to to bitrue ( should only take a couple of seconds as xrp is extremely fast)\nThen xrp/xdc trading pair', 'oei7rk']]], ['u/decentralized_bass', "The Guardian's latest hatchet piece on Bitcoin is atrocious", 46, '2021-07-06 01:29', 'https://www.reddit.com/r/Bitcoin/comments/oeiyy7/the_guardians_latest_hatchet_piece_on_bitcoin_is/', 'I know The Guardian is not the best news source, I normally only read geo-political type stuff on there, breaking news etc. It\'s mostly bullshit but this piece really got me pissed off:\n\n[https://www.theguardian.com/commentisfree/2021/jul/05/cryptocurrencies-financial-system-digital-future](https://www.theguardian.com/commentisfree/2021/jul/05/cryptocurrencies-financial-system-digital-future)\n\nThey\'ve gone really downhill recently with their crypto articles but this is a fucking joke. It\'s an opinion piece written by a historian, and it\'s total nonsense. It doesn\'t even mention the cypherpunk movement, or the history of digital currency (e-gold etc.), a quick nod to Hayek and then framing it as "right-wing" without context. Comparing gov coins with Bitcoin, totally blindsiding any real use cases and the usual shit.\n\nThen they shut the comments down after a few hours and "picked" some bullshit top comments, the comment chain is actually way more informative than the article. Loads of more informed info getting "upvotes"\n\nHonestly, fuck that paper. I\'m gonna do the British thing and write them an email telling them I\'m done with them haha - I emailed them before about paying for a subscription via bitcoin (just to see what they\'d say) and actually got a well-informed, personal reply so they do read the emails you send them.\n\nThe comment section is funny, if you have half an hour spare it might be fun to quickly make an account with guerrilla mail, and upvote all the informed comments. Just to show the bias to anyone reading through the comment section who doesn\'t know about crypto.\n\nRant over haha, it\'s actually kinda funny how misinformed some mainstream articles are. Almost as if there might be some outside influence going on *wink wink nudge nudge*', 'https://www.reddit.com/r/Bitcoin/comments/oeiyy7/the_guardians_latest_hatchet_piece_on_bitcoin_is/', 'oeiyy7', [['u/JanPB', 21, '2021-07-06 02:01', 'https://www.reddit.com/r/Bitcoin/comments/oeiyy7/the_guardians_latest_hatchet_piece_on_bitcoin_is/h46l46k/', 'I stopped paying any attention to The Guardian ever since they started smearing and spreading disgusting lies about Julian Assange.', 'oeiyy7'], ['u/whisper_of_smoke', 42, '2021-07-06 02:15', 'https://www.reddit.com/r/Bitcoin/comments/oeiyy7/the_guardians_latest_hatchet_piece_on_bitcoin_is/h46mkm0/', "most media aren't uninformed. they purposefully spread misinformation to further an agenda.", 'oeiyy7'], ['u/Marcion_Sinope', 13, '2021-07-06 03:43', 'https://www.reddit.com/r/Bitcoin/comments/oeiyy7/the_guardians_latest_hatchet_piece_on_bitcoin_is/h46was9/', "Newspapers don't employ journalists anymore.\n\nThey employ transcribers and grocery clerks that cut and paste propaganda from various government intelligence agencies.\n\nLater, some develop this skill to the point that they can read the propaganda aloud and sound vaguely sincere. They are then given jobs reading the propaganda the transcribers put on a teleprompter.\n\nBitcoin represents an existential threat to the central banks and their fiat Ponzi - thus it is a threat to the governments. The transcribers and teleprompter readers are given stories that reflect this reality.", 'oeiyy7']]], ['u/MiningForFun123', 'Don’t Buy A GPU Right Now', 33, '2021-07-06 03:34', 'https://www.reddit.com/r/gpumining/comments/oekz13/dont_buy_a_gpu_right_now/', '**Don’t Buy A GPU Right Now: Prices Hit 6-Month Low In Global Markets As US Prepares For A Price Crash** \n \n\n[https://wccftech.com/dont-buy-a-gpu...obal-markets-as-us-prepares-for-a-price-crash](https://wccftech.com/dont-buy-a-gpu-right-now-prices-hit-6-month-low-in-global-markets-as-us-prepares-for-a-price-crash) \n \n\nWell well well, looks like the tide is finally turning. The markets are a fickle mistress and for the first time in almost a year and a half, the market looks like it might be preparing for a crash. Prices in Germany ([3DCenter](https://videocardz.com/newz/gpu-prices-in-germany-are-now-the-lowest-since-february)) have hit a 6 month low and [Chinese miners are continuing to flood local markets](https://futurism.com/the-byte/china-bitcoin-market-gpus) with cheap, second hand parts. With the wider crypto market in a lul as well, the stage is set for a crash, making this potentially, the worst time to buy a GPU.', 'https://www.reddit.com/r/gpumining/comments/oekz13/dont_buy_a_gpu_right_now/', 'oekz13', [['u/xd366', 39, '2021-07-06 04:26', 'https://www.reddit.com/r/gpumining/comments/oekz13/dont_buy_a_gpu_right_now/h470tq6/', '>Prices Hit 6-Month Low In Global Markets \n\nchecks offer up > 3070s for $1250....yea idk about that', 'oekz13'], ['u/Rawtashk', 13, '2021-07-06 06:41', 'https://www.reddit.com/r/gpumining/comments/oekz13/dont_buy_a_gpu_right_now/h47dv39/', "The difference is that you're selling old hardware. Miners like me with double digit rtx 30 series cards aren't going to have 75% price drops like Vega 56s.", 'oekz13'], ['u/PickleRickPax', 10, '2021-07-06 06:50', 'https://www.reddit.com/r/gpumining/comments/oekz13/dont_buy_a_gpu_right_now/h47eowh/', 'Hmm, my local classifieds went down on 3070 from $1250-1400 to $900-1000 and been sitting there for atleast a week, i just troll those fuckers with below msrp offers lol', 'oekz13'], ['u/dextersh', 10, '2021-07-06 18:33', 'https://www.reddit.com/r/gpumining/comments/oekz13/dont_buy_a_gpu_right_now/h494ga5/', "Bruh, it has been the worst time to buy for half a year. If I listened to that I would die from old age before I make any money. I don't know about you but I am stacking GPUs.", 'oekz13']]], ['u/JeffGDoubleE69', 'It’s not worth risking a 5-6 figure gain over a few thousand dollars', 450, '2021-07-06 04:09', 'https://www.reddit.com/r/Bitcoin/comments/oeljkv/its_not_worth_risking_a_56_figure_gain_over_a_few/', 'For a bit of context, I sold out of all my stocks in May after seeing Bitcoin drop from its ATH. Since then, I’ve been waiting on the sidelines to buy in. In that time, my would-be stock positions have risen 20-30K in total while I’ve been sitting on cash waiting for the right moment to buy into Bitcoin. \n\nI recently decided to say fuck it and pull the tri... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
33855.33, 32877.37, 33798.01, 33520.52, 34240.19, 33155.85, 32702.03, 32822.35, 31780.73, 31421.54
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['The Pavilions Hotels & Resorts, a high-end hotels group, will begin accepting cryptocurrency to book accomodations on Wednesday, the company said in apress release.\n• The company will partner with crypto payment services provider Coindirect to allow customers to book rooms withbitcoin,ethereumand 40 other digital currencies.\n• “Allowing this flexibility in payments combined with security and peace of mind for our guests is the next step in personalized and bespoke services,” said Pavilions founder and owner Gordon Oldham.\n• Pavilions’ portfolio of 14 properties in Europe and the Asia Pacific region includes locations in Madrid, Rome, Lisbon, Bali, Thailand, Mongolia and the Himalayas.\n• Hotel guests will be able to pay in cryptocurrencies directly through each hotel’s reservations center, and in the future will also be able to pay via website booking engines.\n• U.S. luxury chain Kessler Collectionannouncedin March it would accept bitcoin, ether,dogecoinand certain other cryptocurrencies for bookings through payment processor BitPay.\n• Alchemy Adds Polygon Support for Faster Development on Ethereum’s Leading Layer 2\n• Ash Egan Launches VC Fund With $55M in ‘Inception Capital’\n• Ether Could Overtake Bitcoin as Store of Value, Goldman Sachs Says\n• Ethereum’s London Hard Fork Expected to Launch on Aug. 4', 'The Pavilions Hotels & Resorts, a high-end hotels group, will begin accepting cryptocurrency to book accomodations on Wednesday, the company said in a press release . The company will partner with crypto payment services provider Coindirect to allow customers to book rooms with bitcoin , ethereum and 40 other digital currencies. “Allowing this flexibility in payments combined with security and peace of mind for our guests is the next step in personalized and bespoke services,” said Pavilions founder and owner Gordon Oldham. Pavilions’ portfolio of 14 properties in Europe and the Asia Pacific region includes locations in Madrid, Rome, Lisbon, Bali, Thailand, Mongolia and the Himalayas. Hotel guests will be able to pay in cryptocurrencies directly through each hotel’s reservations center, and in the future will also be able to pay via website booking engines. U.S. luxury chain Kessler Collection announced in March it would accept bitcoin, ether, dogecoin and certain other cryptocurrencies for bookings through payment processor BitPay. Related Stories Alchemy Adds Polygon Support for Faster Development on Ethereum’s Leading Layer 2 Ash Egan Launches VC Fund With $55M in ‘Inception Capital’ Ether Could Overtake Bitcoin as Store of Value, Goldman Sachs Says Ethereum’s London Hard Fork Expected to Launch on Aug. 4 View comments', 'Cryptocurrency exchange Huobi’s Eco Chain (HECO) has added a bevy of new validators to its network in a bid to improve stability and decentralization.\n• Eleven blockchain and decentralized finance (DeFi) projects have elected to run validating nodes for HECO’s mainnet, according to a press release on Wednesday.\n• Animoca Brands and CoinMarketCap have elected to sign on as validators as have DeFi projects Lightnet and CoinWind.\n• Staking-as-a-service platform Allnodes, blockchain firm Hashed, multi-chain wallet Coin98, trading firm Alphanonce, Signum Capital and Legend also signed on.\n• Nodes are electronic devices operating software. They are distributed across a particular network, performing a number of tasks including communicating and transferring information about transactions and new blocks.\n• “Nodes play a crucial role in the long-term success of a public blockchain network,” said HECO’s chief, Leo Su.\n• HECO is Huobi’s answer to Binance’s Smart Chain (BSC), having launched three months after BSC went live.\n• Since the chain’s mainnet launch in December 2020, over 200 projects have deployed on HECO with $6 billion in total value locked, according topublic data.\n• Huobi’s chain currently touts the ability to process over500 transactionsper second with fees averaging around $0.001, and utilizes the native Huobi Token (HT).\n• Ethereum-Based Shyft Network Launches, Aims for FATF-Compliant DeFi\n• Axie Profiting From Booming NFT Economy as Bitcoin Struggles\n• DAO Behind DeFi Pulse Index Raises $7.7M From Galaxy Digital, 1kx\n• DeFi Exchange PancakeSwap’s Token Jumps 15% Amid Burn Event', 'Cryptocurrency exchange Huobi’s Eco Chain (HECO) has added a bevy of new validators to its network in a bid to improve stability and decentralization. Eleven blockchain and decentralized finance (DeFi) projects have elected to run validating nodes for HECO’s mainnet, according to a press release on Wednesday. Animoca Brands and CoinMarketCap have elected to sign on as validators as have DeFi projects Lightnet and CoinWind. Staking-as-a-service platform Allnodes, blockchain firm Hashed, multi-chain wallet Coin98, trading firm Alphanonce, Signum Capital and Legend also signed on. Nodes are electronic devices operating software. They are distributed across a particular network, performing a number of tasks including communicating and transferring information about transactions and new blocks. “Nodes play a crucial role in the long-term success of a public blockchain network,” said HECO’s chief, Leo Su. HECO is Huobi’s answer to Binance’s Smart Chain (BSC), having launched three months after BSC went live. Since the chain’s mainnet launch in December 2020, over 200 projects have deployed on HECO with $6 billion in total value locked, according to public data . Huobi’s chain currently touts the ability to process over 500 transactions per second with fees averaging around $0.001, and utilizes the native Huobi Token (HT). Related Stories Ethereum-Based Shyft Network Launches, Aims for FATF-Compliant DeFi Axie Profiting From Booming NFT Economy as Bitcoin Struggles DAO Behind DeFi Pulse Index Raises $7.7M From Galaxy Digital, 1kx DeFi Exchange PancakeSwap’s Token Jumps 15% Amid Burn Event', 'U.S. West Texas Intermediate crude oil futures are trading steady early Wednesday after plunging the previous session, following the cancellation of talks between OPEC+ producers that raised the prospect that the world’s major crude exporters will turn on the taps to gain market share. Energy ministers from OPEC and its allies including Russia ended talks on supply policy on Monday.\nAt 04:39 GMT,September WTI crude oil futuresare trading $72.66, up $0.08 or +0.11%.\nDivisions between Saudi Arabia, the biggest OPEC producer, and the United Arab Emirates (UAE), which opposed extending supply constraints designed to support prices after the fall in demand from the pandemic, were the main reason behind the failure of the discussions.\nLater on Wednesday at 20:30 GMT, theAmerican Petroleum Institute (API)will release its weekly crude oil and gasoline inventories figures.\nThe main trend is up according to the daily swing chart, however, momentum may be getting ready to shift to the downside with the formation of a potentially bearish closing price reversal top on Tuesday.\nA trade through $72.16 will confirm the closing price reversal top and shift momentum to the downside. The main trend will change to down on a move through $71.28. A move through $76.07 will negate the chart pattern and signal a resumption of the uptrend.\nOn the upside, a pair of 50% levels at $73.68 and $74.12 are potential resistance levels.\nOn the downside, potential support is a pair of 50% levels at $71.96 and $70.33.\nThe main range is $61.06 to $76.07. If the main trend changes to down then its retracement zone at $68.57 to $66.79 will become the primary target area.\nThe direction of the September WTI crude oil market on Wednesday is likely to be determined by trader reaction to $73.68 and $74.12.\nA sustained move over $74.12 will indicate the presence of buyers. If this creates enough upside momentum then look for the rally to possibly extend into $76.07.\nA sustained move under $73.68 will signal the presence of sellers. The first down side targets are $72.16 and $71.96, followed closely by the main bottom at $71.28.\nTaking out $71.28 will change the main trend to down, leading to a test of $70.33. This is a potential trigger point for an acceleration into $68.57 to $66.79.\nLook for heightened volatility over the near-term. Prices could spike higher if OPEC+ decides to return to the negotiation table, or plunge if traders decide to liquidate long positions due to uncertainty and the lack of clarity.\nFor a look at all of today’s economic events, check out oureconomic calendar.\nThisarticlewas originally posted on FX Empire\n• Today’s Market Wrap Up and a Glimpse Into Wednesday\n• Economic Data from the Eurozone and Canada in Focus ahead of the FOMC Meeting Minutes\n• Bitcoin Price Prediction – A Break Through to $35,500 Levels Would Bring $37,000 into View\n• USD/CAD Exchange Rate Forecast – USD/CAD Rallies Breaking Out Ahead of FOMC Minutes\n• Silver Price Prediction – Prices Drop on Weak Services Sector Report\n• Natural Gas Price Prediction – Prices Slip As Elsa Curves Eastward', 'U.S. West Texas Intermediate crude oil futures are trading steady early Wednesday after plunging the previous session, following the cancellation of talks between OPEC+ producers that raised the prospect that the world’s major crude exporters will turn on the taps to gain market share. Energy ministers from OPEC and its allies including Russia ended talks on supply policy on Monday. At 04:39 GMT, September WTI crude oil futures are trading $72.66, up $0.08 or +0.11%. Divisions between Saudi Arabia, the biggest OPEC producer, and the United Arab Emirates (UAE), which opposed extending supply constraints designed to support prices after the fall in demand from the pandemic, were the main reason behind the failure of the discussions. Later on Wednesday at 20:30 GMT, the American Petroleum Institute (API) will release its weekly crude oil and gasoline inventories figures. Daily September WTI Crude Oil Daily Swing Chart Technical Analysis The main **Last 60 Days of Bitcoin's Closing Prices:** [58803.78, 58232.32, 55859.80, 56704.57, 49150.54, 49716.19, 49880.54, 46760.19, 46456.06, 43537.51, 42909.40, 37002.44, 40782.74, 37304.69, 37536.63, 34770.58, 38705.98, 38402.22, 39294.20, 38436.97, 35697.61, 34616.07, 35678.13, 37332.86, 36684.93, 37575.18, 39208.77, 36894.41, 35551.96, 35862.38, 33560.71, 33472.63, 37345.12, 36702.60, 37334.40, 35552.52, 39097.86, 40218.48, 40406.27, 38347.06, 38053.50, 35787.25, 35615.87, 35698.30, 31676.69, 32505.66, 33723.03, 34662.44, 31637.78, 32186.28, 34649.64, 34434.34, 35867.78, 35040.84, 33572.12, 33897.05, 34668.55, 35287.78, 33746.00, 34235.20] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2021-07-07 **Financial & Commodity Data:** - Gold Closing Price: $1801.50 - Crude Oil Closing Price: $72.20 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $650,238,674,278 - Hash Rate: 87820755.10899657 - Transaction Count: 221227.0 - Unique Addresses: 568382.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.28 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: The Utah-based CleanSpark is attempting to boost the efficiency of Bitcoin mining as environmentalists continue to fight against crypto mining. CleanSpark, a cryptocurrency mining firm deep in the woods of Utah hasannounced the developmentof a more sustainable alternative mining solution using microgrids. Basically, the idea of Microgrids is that it will combine the currency system of powering a mine with solar, wind, fuel cell, hydro, andother green technologies. This is done to balance out the negative impact of sustainable energy utilization.CleanSpark claimsthat even the most hardcore environmentalists will be on board with the measures they are taking to protect the earth. The method in which CleanSpark is hoping to solve these issues is by utilizing what is called microgrid technology. It will allow the company to get the majority of its power from one single plant instead of chaining multiple sources together. What makes this process special for CleanSpark is the source of their power will be supplied from solar, wind, and hydroelectricity. The company claims that the new method for mining will not only boost the hash rate but also cut down on electrical usage at the same time.A study from Navigant Researchin Boulder, CO, stated that almost 30% of crypto mining energy will come from microgrid technology before the end of the decade. “Although they are a minority portion of the market if measured by peak capacity, modular microgrids have the potential to make up most of the systems deployed over the next decade. Taking a modular approach is expected to help radically scale up microgrid deployments by commoditizing standard microgrid offerings that can be pieced together.” The negative impact that crypto mining has been a hot-button topic for the last few months, with activist groups rising up against the industry and even entire nations taking a stand against crypto mining. Big names such as Kevin O’Leary and even Elon Musk have spoken out against the rigorous process of mining, albeit after touting bitcoin to their followers in various ways. Musk even went so far as to backtrack his promise to allow bitcoin as a form of payment at Tesla until global mining was around50% sustainable. O’Leary, who has changed his opinion on cryptocurrencies before, said that he would no longer buy anybitcoin mined in China. O’Leary believes China does not employ environmentally friendly methods for extracting coins. The microgrid approach will need a lot of fine-tuning and system configuration, but if successful, can be the solution to the growing concern about the energy used to mine bitcoin.... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
32877.37, 33798.01, 33520.52, 34240.19, 33155.85, 32702.03, 32822.35, 31780.73, 31421.54, 31533.07
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['The U.S. Securities and Exchange Commission (SEC) has extended its review of SkyBridge Capital’s application for abitcoinexchange-traded fund, a filing by the U.S. regulatory agencyshows.\n• Anthony Scarammuci’sSkyBridge Capitalsubmitted an application on May 6 to list and trade shares of the First Trust SkyBridge Bitcoin ETF Trust.\n• The SEC has extended its initial 45-day review period to Aug. 25.\n• The agency has received public comment on the application.\n• U.S. regulators have been extremely reticent to approve such investment vehicles, which would provide retail investors with access to the bitcoin market without having to own bitcoin itself. ETFs are a staple of many retirement portfolios.\n• Elizabeth Warren Gives SEC July 28 Deadline to Figure Out Crypto Regulation\n• Bear Markets Don’t Scare Protocol Developers: CoinDesk 2021 Q2 Review\n• Bitcoin Sell-Off Could Stabilize Around $30K Support\n• Economic Union of 15 West African States Voices Concerns Over Crypto Volatility', 'The U.S. Securities and Exchange Commission (SEC) has extended its review of SkyBridge Capital’s application for abitcoinexchange-traded fund, a filing by the U.S. regulatory agencyshows.\n• Anthony Scarammuci’sSkyBridge Capitalsubmitted an application on May 6 to list and trade shares of the First Trust SkyBridge Bitcoin ETF Trust.\n• The SEC has extended its initial 45-day review period to Aug. 25.\n• The agency has received public comment on the application.\n• U.S. regulators have been extremely reticent to approve such investment vehicles, which would provide retail investors with access to the bitcoin market without having to own bitcoin itself. ETFs are a staple of many retirement portfolios.\n• Elizabeth Warren Gives SEC July 28 Deadline to Figure Out Crypto Regulation\n• Bear Markets Don’t Scare Protocol Developers: CoinDesk 2021 Q2 Review\n• Bitcoin Sell-Off Could Stabilize Around $30K Support\n• Economic Union of 15 West African States Voices Concerns Over Crypto Volatility', 'The U.S. Securities and Exchange Commission (SEC) has extended its review of SkyBridge Capital’s application for a bitcoin exchange-traded fund, a filing by the U.S. regulatory agency shows . Anthony Scarammuci’s SkyBridge Capital submitted an application on May 6 to list and trade shares of the First Trust SkyBridge Bitcoin ETF Trust. The SEC has extended its initial 45-day review period to Aug. 25. The agency has received public comment on the application. U.S. regulators have been extremely reticent to approve such investment vehicles, which would provide retail investors with access to the bitcoin market without having to own bitcoin itself. ETFs are a staple of many retirement portfolios. Related Stories Elizabeth Warren Gives SEC July 28 Deadline to Figure Out Crypto Regulation Bear Markets Don’t Scare Protocol Developers: CoinDesk 2021 Q2 Review Bitcoin Sell-Off Could Stabilize Around $30K Support Economic Union of 15 West African States Voices Concerns Over Crypto Volatility', 'Lumenswap is an open-source client for the Stellar network that allows you to swap and trade assets on the network using a friendly, minimal interface. Lumenswap Lumenswap is an open-source client for the Stellar network that allows you to swap and trade assets on the network using a friendly, minimal interface. Lumenswap is an open-source client for the Stellar network that allows you to swap and trade assets on the network using a friendly, minimal interface. Moscow, Russia, July 08, 2021 (GLOBE NEWSWIRE) -- Lumenswap, a decentralized exchange for the Stellar network allowing its users to swap and trade assets on the network using minimal interface, would soon launch a new version enabling more trading with less transaction fee to broad-base the system. The CEO of Lumenswap announced about its soon-to-be-launched DeFi ecosystem to facilitate more trading with the least possible transaction fee. The company CEO made this announcement in his latest official statement on Monday. Making this corporate announcement here, the Lumenswap CEO Jed McCaleb said the company is simplifying the system of trading on digital assets, quickening the swapping with least possible interface. “We aimed at making a dedicated ultra-sophisticated App that would facilitate this process. Lumenswap will help our customers swap their trade assets easily with minimal interference on the Stellar blockchain.,” Lumenswap CEO added.. The sources from Lumenswap also added that they will prioritise the key elements of transparency in the decentralised financial network to guarantee the security of data and transactions. Lumenswap is a decentralized exchange and open-source client for the Stellar network that allows you to swap and trade assets on the network using a friendly, minimal interface. In the cryptocurrency market, one of the most important factors is the initial and original creator of the coin. Lumenswap, which helps the traders and businesses make their transactions using the stellar network, is also affected by the people’s viewpoint on the head of the Stellar network. Jed McCaleb and Joyce Kim are the original founders of Stellar network and its coin which was initially called Stellar. With Jed McCaleb having worked on the development of the cryptocurrencies for a long time (previously working with Ripple Labs Inc to create Ripple), we can make sure of the founders. Story continues As you know, banks and organizations use Ripple widely to transfer money, but Jed McCaleb devised XLM especially for traders among individuals. This has allowed more and more traders to use cryptocurrencies in their daily transactions. Lumenswap, being a client of Stellar, follows similar rules as Stellar. At first glance, Stellar seems very similar to the traditional system of banks, following some similar rules, but there are critical differences when we get deeper into the subject. Stellar, using a decentralized system, has faster and cheaper (in terms of fee) transactions than many other platforms. The Advantages of Lumenswap Find the best prices Lumenswap uses Horizon to choose the best rates for a trade based on the liquidity rates and the submitted order books on the network. Fast and Low Costs Lumenswap client is on the Stellar Network so it benefits from its features such as scalability and low fees. Open and Decentralized By default, all of the available assets on the Stellar Network are also available for trade on Lumenswap. You can add whichever you want to Lumenswap and convert them to each other. Support of Popular Wallets For better accessibility, Lumenswap supports different wallets. Currently, you can use Rabet , Freighter , Albedo , and private keys. Sustainability of the blockchains The sustainability of blockchains has become a trend in recent years. Lumenswap offers all its services using XLM. There is a limited amount of this currency, which is already released. To access this asset one has to exchange other forms of cryptocurrency or fiat money into XLM. This means there is no need for mining to gain more currency. This is a distinctive characteristic of XLM and Lumenswap, which also makes them green and environment-friendly to trade. This has become especially important as mining other cryptocurrencies such as Bitcoin or Chia uses up sources and equipment and has led to an excessive increase of resource prices and also the worldwide shortage of electronic chips used for mining. LSP asset The Lumenswap team released the Tokenomics and roadmap of LSP asset (Lumenswap native asset) a few days ago and, according to the article, they will hold an auction on their platform in the next few weeks. If you are interested in participating in it, follow them: Website: https://lumenswap.io Twitter: https://twitter.com/lumenswap Medium: https://medium.com/lumenswap Gitlab: https://gitlab.com/lumenswap.io Docs: https://docs.lumenswap.io Media Details - Company name: Lumenswap Mail: [email protected] City: Moscow Country - Russia Attachment Lumenswap', 'Lumenswap is an open-source client for the Stellar network that allows you to swap and trade assets on the network using a friendly, minimal interface.\nMoscow, Russia, July 08, 2021 (GLOBE NEWSWIRE) -- Lumenswap, a decentralized exchange for the Stellar network allowing its users to swap and trade assets on the network using minimal interface, would soon launch a new version enabling more trading with less transaction fee to broad-base the system.\nThe CEO ofLumenswapannounced about its soon-to-be-launched DeFi ecosystem to facilitate more trading with the least possible transaction fee. The company CEO made this announcement in his latest official statement on Monday.\nMaking this corporate announcement here, the Lumenswap CEO Jed McCaleb said the company is simplifying the system of trading on digital assets, quickening the swapping with least possible interface.\n“We aimed at making a dedicated ultra-sophisticated App that would facilitate this process. Lumenswap will help our customers swap their trade assets easily with minimal interference on the Stellar blockchain.,” Lumenswap CEO added..\nThe sources from Lumenswap also added that they will prioritise the key elements of transparency in the decentralised financial network to guarantee the security of data and transactions.\nLumenswap is a decentralized exchange and open-source client for the Stellar network that allows you to swap and trade assets on the network using a friendly, minimal interface.\nIn the cryptocurrency market, one of the most important factors is the initial and original creator of the coin. Lumenswap, which helps the traders and businesses make their transactions using the stellar network, is also affected by the people’s viewpoint on the head of the Stellar network. Jed McCaleb and Joyce Kim are the original founders of Stellar network and its coin which was initially called Stellar. With Jed McCaleb having worked on the development of the cryptocurrencies for a **Last 60 Days of Bitcoin's Closing Prices:** [58232.32, 55859.80, 56704.57, 49150.54, 49716.19, 49880.54, 46760.19, 46456.06, 43537.51, 42909.40, 37002.44, 40782.74, 37304.69, 37536.63, 34770.58, 38705.98, 38402.22, 39294.20, 38436.97, 35697.61, 34616.07, 35678.13, 37332.86, 36684.93, 37575.18, 39208.77, 36894.41, 35551.96, 35862.38, 33560.71, 33472.63, 37345.12, 36702.60, 37334.40, 35552.52, 39097.86, 40218.48, 40406.27, 38347.06, 38053.50, 35787.25, 35615.87, 35698.30, 31676.69, 32505.66, 33723.03, 34662.44, 31637.78, 32186.28, 34649.64, 34434.34, 35867.78, 35040.84, 33572.12, 33897.05, 34668.55, 35287.78, 33746.00, 34235.20, 33855.33] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2021-07-08 **Financial & Commodity Data:** - Gold Closing Price: $1799.60 - Crude Oil Closing Price: $72.94 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $621,351,735,469 - Hash Rate: 99244593.17195548 - Transaction Count: 230719.0 - Unique Addresses: 580441.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.20 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: (For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window.) * Lordstown slumps after CEO, CFO resign * Tech-heavy Nasdaq outperforms S&P 500, Dow * Indexes: Dow down 0.74%, S&P off 0.26%, Nasdaq gains 0.46% (Adds comment, details; updates prices) By Medha Singh and David French June 14 (Reuters) - The S&P 500 and the Dow dipped on Monday, with the former coming off a record closing high in the previous session as a lack of catalysts ahead of this week's Federal Reserve meeting kept investors from making new significant bets. The technology-heavy Nasdaq rose for the sixth time in the past seven sessions, lifted by gains in shares of Tesla Inc, Apple Inc and Amazon.com Inc. Investors are seeking new cues from the central bank this week on its inflation outlook, after recent data indicated the U.S. economy is regaining momentum but not overheating. This has eased investor worries about inflation. While the Fed has reassured that any spike in inflation would be transitory, policymakers could begin discussing the tapering of bond buying at the Tuesday-Wednesday meeting. Most analysts, however, do not expect a decision before the central bank's annual Jackson Hole, Wyoming, conference in August. Any shift in the Fed's dovish rhetoric could upend equity markets. The S&P benchmark has climbed 13% this year, while the Dow and the Nasdaq have risen 12% and 9.6%, respectively. "As we get closer to the end of the summer, they (the Fed) are going to want to start talking about taper and telegraphing when they're going to raise rates and that's where we do have a potential for a misstep," said Max Gokhman, head of asset allocation at Pacific Life Fund Advisors in Newport Beach, California. High-growth tech-related stocks, which were at the heart of a sell-off driven by fears of rising rates, have regained their footing this month at the expense of economy-linked industrials , financials and materials stocks. Materials and financials were the biggest drags on the S&P 500 on Monday, while technology and consumer discretionary were the only sectors in positive territory. By 2:00PM ET, the Dow Jones Industrial Average fell 256.18 points, or 0.74%, to 34,223.42, the S&P 500 lost 10.99 points, or 0.26%, to 4,236.45 and the Nasdaq Composite added 64.61 points, or 0.46%, to 14,134.03. Having traded up earlier in the day as crude prices hit their highest levels in more than two years, the energy index slipped 1%. Lordstown Motors Corp tumbled 16.6% after it said Chief Executive Steve Burns and Chief Financial Officer Julio Rodriguez have resigned, days after the electric-truck maker warned that it may not have enough cash to stay in business over the next year. Tesla gained 1.8% as CEO Elon Musk tweeted that the electric car maker may resume bitcoin transactions. Bitcoin vaulted back above $40,000 on Musk's comments. The S&P 500 posted 29 new 52-week highs and 2 new lows; the Nasdaq Composite recorded 120 new highs and 20 new lows. (Reporting by Medha Singh and Devik Jain in Bengaluru and David French in New York; Editing by Maju Samuel and Dan Grebler)... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
33798.01, 33520.52, 34240.19, 33155.85, 32702.03, 32822.35, 31780.73, 31421.54, 31533.07, 31796.81
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['Bitcoin, BTC to USD, fell by 3.04% on Thursday. Following a 1.07% loss on Wednesday, Bitcoin ended the day at $32,857.0.\nA mixed start to the day saw Bitcoin rise to an early morning intraday high $33,939.0 before hitting reverse.\nFalling well short of the first major resistance level at $34,713, Bitcoin tumbled to a late morning intraday low $32,063.0.\nThe extended sell-off saw Bitcoin fall through the first major support level at $33,437 and the second major support level at $32,986.\nSteering clear of sub-$32,000 support, levels, Bitcoin revisited $33,100 levels before a fall back to sub-$33,000 levels.\nThe brief return to $33,000 levels had seen Bitcoin move back through the second major support level before sliding back.\nThe near-term bullish trend remained intact, in spite of the latest return to $32,000 levels. For the bears, Bitcoin would need a sustained fall through the 62% FIB of $27,237 to form a near-term bearish trend.\nAcross the rest of the majors, it was a mixed day on Thursday.\nBitcoin Cash SVrose by 1.46% to buck the trend on the day.\nIt was a bearish day for the rest of the majors, however.\nChainlinkandEthereumslid by 7.13% and by 8.66% respectively to lead the way down.\nBinance Coin(-5.38%),Cardano’s ADA(-5.45%),Crypto.com Coin(-6.49%),Litecoin(-3.91%), Polkadot (-6.44%), andRipple’s XRP(-4.32%) also saw heavy losses.\nIn the week, the crypto total market rose to a Wednesday high $1,476bn before falling to a Thursday low $1,323bn. At the time of writing, the total market cap stood at $1,342bn.\nBitcoin’s dominance rose to a Monday high 45.73% before falling to a Wednesday low 44.55%. At the time of writing, Bitcoin’s dominance stood at 45.64%.\nAt the time of writing, Bitcoin was down by 0.58% to $32,665.0. A mixed start to the day saw Bitcoin rise to an early morning high $32,861.0 before falling to a low $32,574.0.\nBitcoin left the major support and resistance levels untested early on.\nElsewhere, it was a mixed start to the day.\nCrypto.com Coin was up by 0.45% to lead the way.\nIt was a bearish start for the rest of the majors, however.\nAt the time of writing, Litecoin was down by 1.94% to lead the way down.\nBitcoin would need to move through the $32,953 pivot to bring the first major resistance level at $33,843 into play.\nSupport from the broader market would be needed for Bitcoin to break out from $33,500 levels.\nBarring a broad-based crypto rebound, the first major resistance level and Thursday’s high $33,939.0 would likely cap any upside.\nIn the event of an extended crypto rally, Bitcoin could test resistance at $35,000 levels before any pullback. The second major resistance level sits at $34,829.\nFailure to move through the $32,953 pivot would bring the first major support level at $31,967 into play.\nBarring an extended sell-off on the day, Bitcoin should steer clear of sub-$30,000 levels. The second major support level at $31,077 should limit the downside.\nThisarticlewas originally posted on FX Empire\n• Gold Price Prediction – Prices Slip Despite a Dollar Decline\n• The Crypto Daily – Movers and Shakers – July 9th, 2021\n• USD/INR: Rupee Snaps Two-Day Losing Streak, Gains 9 Paise In Early Trade\n• USD/JPY Fundamental Daily Forecast – Falling Treasury Yields Driving Investors into Safe-Haven Japanese Yen\n• European Equities: A Quiet Economic Calendar Leaves COVID-19 and Central Banks in Focus\n• Today’s Market Wrap Up and a Glimpse Into Friday', 'Bitcoin , BTC to USD, fell by 3.04% on Thursday. Following a 1.07% loss on Wednesday, Bitcoin ended the day at $32,857.0. A mixed start to the day saw Bitcoin rise to an early morning intraday high $33,939.0 before hitting reverse. Falling well short of the first major resistance level at $34,713, Bitcoin tumbled to a late morning intraday low $32,063.0. The extended sell-off saw Bitcoin fall through the first major support level at $33,437 and the second major support level at $32,986. Steering clear of sub-$32,000 support, levels, Bitcoin revisited $33,100 levels before a fall back to sub-$33,000 levels. The brief return to $33,000 levels had seen Bitcoin move back through the second major support level before sliding back. The near-term bullish trend remained intact, in spite of the latest return to $32,000 levels. For the bears, Bitcoin would need a sustained fall through the 62% FIB of $27,237 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was a mixed day on Thursday. Bitcoin Cash SV rose by 1.46% to buck the trend on the day. It was a bearish day for the rest of the majors, however. Chainlink and Ethereum slid by 7.13% and by 8.66% respectively to lead the way down. Binance Coin (-5.38%), Cardano’s ADA (-5.45%), Crypto.com Coin (-6.49%), Litecoin (-3.91%), Polkadot (-6.44%), and Ripple’s XRP (-4.32%) also saw heavy losses. In the week, the crypto total market rose to a Wednesday high $1,476bn before falling to a Thursday low $1,323bn. At the time of writing, the total market cap stood at $1,342bn. Bitcoin’s dominance rose to a Monday high 45.73% before falling to a Wednesday low 44.55%. At the time of writing, Bitcoin’s dominance stood at 45.64%. This Morning At the time of writing, Bitcoin was down by 0.58% to $32,665.0. A mixed start to the day saw Bitcoin rise to an early morning high $32,861.0 before falling to a low $32,574.0. Bitcoin left the major support and resistance levels untested early on. Story continues Elsewhere, it was a mixed start to the day. Crypto.com Coin was up by 0.45% to lead the way. It was a bearish start for the rest of the majors, however. At the time of writing, Litecoin was down by 1.94% to lead the way down. For the Bitcoin Day Ahead Bitcoin would need to move through the $32,953 pivot to bring the first major resistance level at $33,843 into play. Support from the broader market would be needed for Bitcoin to break out from $33,500 levels. Barring a broad-based crypto rebound, the first major resistance level and Thursday’s high $33,939.0 would likely cap any upside. In the event of an extended crypto rally, Bitcoin could test resistance at $35,000 levels before any pullback. The second major resistance level sits at $34,829. Failure to move through the $32,953 pivot would bring the first major support level at $31,967 into play. Barring an extended sell-off on the day, Bitcoin should steer clear of sub-$30,000 levels. The second major support level at $31,077 should limit the downside. This article was originally posted on FX Empire More From FXEMPIRE: Gold Price Prediction – Prices Slip Despite a Dollar Decline The Crypto Daily – Movers and Shakers – July 9th, 2021 USD/INR: Rupee Snaps Two-Day Losing Streak, Gains 9 Paise In Early Trade USD/JPY Fundamental Daily Forecast – Falling Treasury Yields Driving Investors into Safe-Haven Japanese Yen European Equities: A Quiet Economic Calendar Leaves COVID-19 and Central Banks in Focus Today’s Market Wrap Up and a Glimpse Into Friday', 'July 9 (Reuters) - Square Inc will make a hardware wallet for bitcoin, the payments company confirmed in a tweet on Thursday shortly before U.S. Senator Elizabeth Warren flagged growing risks posed to consumers and financial markets by the cryptocurrency market. Bitcoin wallets can be stored offline or online at cryptocurrency exchanges, venues where bitcoin can be bought and sold for traditional currencies or other virtual coins. With a non-custodial wallet, you have sole control of your private keys, which in turn control your cryptocurrency and prove the funds are yours. With a custodial wallet, another party controls your private keys. Most custodial wallets are web-based exchange wallets. "We have decided to build a hardware wallet and service to make bitcoin custody more mainstream...", Jesse Dorogusker, head of hardware at Square said in a twitter thread https://bit.ly/2TUta9H. Many companies have emerged to serve a growing need to protect their assets from online theft. Last month, Chief Executive Officer Jack Dorsey hinted in a tweet https://bit.ly/36prSGA that the company was considering creating a non-custodial hardware wallet for bitcoin. Dorsey is also the chief executive of Twitter Inc. Cryptocurrencies reached a record capitalization of $2 trillion in April, but U.S. oversight of the market remains patchy. Warren, a former U.S. presidential candidate, on Thursday raised concerns in a letter to Securities and Exchange Commission Chair Gary Gensler, in an effort that could help lay the groundwork for legislation to regulate the fast-growing cryptocurrency market. (Reporting by Sabahatjahan Contractor in Bengaluru, Editing by Sherry Jacob-Phillips)', 'July 9 (Reuters) - Square Inc will make a hardware wallet for bitcoin, the payments company confirmed in a tweet on Thursday shortly before U.S. Senator Elizabeth Warren flagged growing risks posed to consumers and financial markets by the cryptocurrency market.\nBitcoin wallets can be stored offline or online at cryptocurrency exchanges, venues where bitcoin can be bought and sold for traditional currencies or other virtual coins.\nWith a non-custodial wallet, you have sole control of your private keys, which in turn control your cryptocurrency and prove the funds are yours. With a custodial wallet, another party controls your private keys. Most custodial wallets are web-based exchange wallets.\n"We have decided to build a hardware wallet and service to make bitcoin custody more mainstream...", Jesse Dorogusker, head of hardware at Square said in a twitter thread https://bit.ly/2TUta9H.\nMany companies have emerged to serve a growing need to protect their assets from online theft.\nLast month, Chief Executive Officer Jack Dorsey hinted in a tweet https://bit.ly/36prSGA that the company was considering creating a non-custodial hardware wallet for bitcoin. Dorsey is also the chief executive of Twitter Inc.\nCryptocurrencies reached a record capitalization of $2 trillion in April, but U.S. oversight o **Last 60 Days of Bitcoin's Closing Prices:** [55859.80, 56704.57, 49150.54, 49716.19, 49880.54, 46760.19, 46456.06, 43537.51, 42909.40, 37002.44, 40782.74, 37304.69, 37536.63, 34770.58, 38705.98, 38402.22, 39294.20, 38436.97, 35697.61, 34616.07, 35678.13, 37332.86, 36684.93, 37575.18, 39208.77, 36894.41, 35551.96, 35862.38, 33560.71, 33472.63, 37345.12, 36702.60, 37334.40, 35552.52, 39097.86, 40218.48, 40406.27, 38347.06, 38053.50, 35787.25, 35615.87, 35698.30, 31676.69, 32505.66, 33723.03, 34662.44, 31637.78, 32186.28, 34649.64, 34434.34, 35867.78, 35040.84, 33572.12, 33897.05, 34668.55, 35287.78, 33746.00, 34235.20, 33855.33, 32877.37] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2021-07-09 **Financial & Commodity Data:** - Gold Closing Price: $1810.00 - Crude Oil Closing Price: $74.56 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $616,164,092,762 - Hash Rate: 93532674.14047602 - Transaction Count: 227511.0 - Unique Addresses: 569423.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.20 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: SpaceX and Tesla chief Elon Musk poses on the red carpet of the Axel Springer Award 2020 on 1 December, 2020 (Getty Images) Bitcoin ’s price has risen about 11 per cent in the last 24 hours after Tesla chief Elon Musk said on Sunday that the company would start accepting bitcoin as a mode of payment when there is a trend of “reasonable” clean energy use by miners. “When there’s confirmation of reasonable (~50%) clean energy usage by miners with positive future trend, Tesla will resume allowing Bitcoin transactions,” Musk tweeted. The Tesla chief also added that the company only sold about 10 per cent of holdings to confirm that bitcoin could be “liquidated easily without moving market.” While only in February Tesla revealed it had bought $1.5bn of bitcoin and that it would accept the cryptocurrency as a form of payment for cars, last month the company flipped its position and suspended vehicle purchases using the virtual tokens citing increasing use of fossil fuels for its mining. The bitcoin mining process to create new units of the virtual currency requires solving complex mathematical equations dependant on high levels of computer processing power. Tesla’s move, coupled with China’s crackdown on cryptocurrency mining in the country, caused the prices of several virtual tokens including bitcoin to plummet . This is inaccurate. Tesla only sold ~10% of holdings to confirm BTC could be liquidated easily without moving market. When there’s confirmation of reasonable (~50%) clean energy usage by miners with positive future trend, Tesla will resume allowing Bitcoin transactions. — Elon Musk (@elonmusk) June 13, 2021 “Tesla has suspended vehicle purchases using Bitcoin. We are concerned about rapidly increasing use of fossil fuels for Bitcoin mining and transactions, especially coal, which has the worst emissions of any fuel,” the SpaceX and Tesla chief had tweeted. Tesla & Bitcoin pic.twitter.com/YSswJmVZhP — Elon Musk (@elonmusk) May 12, 2021 Analysis by University of Cambridge had pointed that the cryptocurrency uses more than 121 terawatt-hours (TWh) annually, which would rank it in the top 30 electricity users worldwide – consuming as much as Argentina. Story continues “Cryptocurrency is a good idea on many levels and we believe it has a promising future, but this cannot come at great cost to the environment,” Musk noted last month in a tweet. However, experts also believe the establishment of crypto mining farms in cooler countries like Norway – where most of the electricity comes from renewable sources like hydropower – is a positive step . Last week El Salvador also announced plans to use geothermal energy from the South American country’s volcanoes for mining for bitcoin after authorising the cryptocurrency as legal tender. Read More Anonymous accuses Elon Musk of ‘destroying lives’ with cryptocurrency tweets Bitcoin price tanks after Elon Musk suggests he has ‘broken up’ with crypto Tesla recalls thousands of Model 3 and Model S cars to fix loose brake bolts... - Reddit Posts (Sample): [['u/xFxD', "So you'll just take your profits in 4 years...", 26, '2021-07-09 00:13', 'https://www.reddit.com/r/CryptoCurrency/comments/oghsn8/so_youll_just_take_your_profits_in_4_years/', 'I quite frequently read people posting about the next cycle with absolute certainty. "Don\'t mind if we enter a bear market, in 4 years we\'ll see a new ATH". This is a dangerous opinion to hold, let me explain you why:\n\nFirst and foremost, crypto is a highly speculative asset. Neither you nor anyone else can predict the future. With that out of the way, what is this statement fundamentally based upon? We had peaks in 2013/2014, 2017 and 2021.\n\nThree times, cryptocurrencies spiked with roughly four years in between, with long bear markets in between. In every single bull market, a lot more new people were introduced to cryptocurrencies, bringing fresh money in. This is the first reason why this trend might not continue - most people have heard of cryptocurrencies by now. They\'ve become known enough to not allow a drastic increase in previously unknowing people.\n\nSecondly, the market cycle needs a bull and a bear market. In the bear market, the overwhelming opinion is that bitcoin / crypto is dead. When everyone is sure that it will be spiking in 4 years, we might not see a proper bear market. Things might very well mellow out a bit and not move too drastically in the next few years.\n\nWhat are you going to do if we don\'t see a bull market in 6 years? Are you gonna cut your losses since it seemingly goes nowhere? Are you just going to wait? How are other people going to react? There are a multitude of scenarios possible, and quite a lot of them do not involve a new ATH in four (or a few more) years. Want some examples?\n\nTether crashes and the market never recovers. ETH overtakes BTC, reducing the impact the BTC halving has. USA or EU place restrictions on cryptocurrency trading.\n\nYou must have an exit strategy for all of these situations. Do not see crypto as your only way out, because if you see it as without alternative and it fails, you are fucked. This is the reason why "don\'t invest what you can\'t afford to lose" is a mantra.', 'https://www.reddit.com/r/CryptoCurrency/comments/oghsn8/so_youll_just_take_your_profits_in_4_years/', 'oghsn8', [['u/step11234', 17, '2021-07-09 00:14', 'https://www.reddit.com/r/CryptoCurrency/comments/oghsn8/so_youll_just_take_your_profits_in_4_years/h4iwj07/', "Luckily we have all only invest what we can afford to lose, so it doesn't matter if it never comes back... right?", 'oghsn8'], ['u/Rock_Strongo', 51, '2021-07-09 00:15', 'https://www.reddit.com/r/CryptoCurrency/comments/oghsn8/so_youll_just_take_your_profits_in_4_years/h4iwn9x/', 'My exit strategy in the worst case scenario is my initial investment goes to 0, I cry myself to sleep for a few nights, and then I move on with my life.', 'oghsn8'], ['u/TempMobileD', 12, '2021-07-09 00:19', 'https://www.reddit.com/r/CryptoCurrency/comments/oghsn8/so_youll_just_take_your_profits_in_4_years/h4ix3rv/', 'Doesn’t matter if it’s 4 months, 4 years or 14 years, I’ll just be staking eth and loaning out btc. Even if the price stays stagnant, defi outperforms most things. Sure, it might not stay in its current form, but I can ride that wave.', 'oghsn8'], ['u/nthgen', 21, '2021-07-09 00:36', 'https://www.reddit.com/r/CryptoCurrency/comments/oghsn8/so_youll_just_take_your_profits_in_4_years/h4iza8l/', "OP, there is a bull every 4 years because bitcoin's mining reward is cut in half.\n\nThat effect is real and is the sole reason for the cycles.\n\nAll the other crypto assets follow suit.", 'oghsn8']]], ['u/c0mm0ns3ns3', 'Both EU and US are planning to make private „anonymous wallets“ illegal. We CRYPTO holders need to act now!', 3848, '2021-07-09 00:24', 'https://www.reddit.com/r/CryptoCurrency/comments/ogi0c4/both_eu_and_us_are_planning_to_make_private/', "So the regulatory grip is tightening around the world and it’s getting more and more absurd. We as crypto supporters need to come together and should wipe off the tribalism. If governments want to make anonymous wallets illegal it only means one thing: Crypto owners being forced to deposit their holdings on „identifiable“ wallets, which are usually only available on exchanges (= the new banks?) These are places where authorities are able to have a detailed look at your holdings and even have the possibility to confiscate your holdings or block you for whatever reason they have. Being the only person who has complete control over your own crypto assets was and is the main argument for crypto and the ultimate form of freedom. There’re already existing KYC/AML rules on exchanges which is fair enough, but forcing people to get rid of their private wallets is outrageous! I urge everyone to have a look at your country’s plans and to contact politicians who are responsible for these topics. If we don’t do anything against this, regulation will kill all the innovation and freedom we’ve achieved so far ...\n\n**EDIT: So I obviously wrote this post in an emotional state, I could've added additional sources, but it doesn't change the fact, that these are important times ahead of us and that governments and (central banks) around the world don't like the dynamics coming from the whole crypto and blockchain sphere.** \n\n\n>**Here's another source coming directly from an EU member:** [*New rules for Bitcoin & Co: My proposals for the EU crypto regulation - Sven Giegold - Mitglied der Grünen Fraktion im Europaparlament (sven-giegold.de)*](https://sven-giegold.de/en/mica-green-amendments/) \n**Thx to** /u/meesa-jar-jar-binks**/** \n\n\n**Additional info by** /u/popopopopopopopq**/ Thx!**\n\n>But they are indeed doing some work on Crypto. Here some sources: \n> \n>[Draft](https://www.politico.eu/wp-content/uploads/2020/09/CLEAN-COM-Draft-Regulation-Markets-in-Crypto-Assets.pdf) the article was mentioning \n> \n>[EU Regulatory framework for crypto-assets](https://ec.europa.eu/info/law/better-regulation/have-your-say/initiatives/12089-Financial-services-EU-regulatory-framework-for-crypto-assets_en) (below you can find all their documentation on all Impact assessment reports, Opinions, summaries, proposals for regulations. \n> \n>[Details on the Expert Group that is working on it](https://ec.europa.eu/transparency/expert-groups-register/screen/expert-groups/consult?do=groupDetail.groupDetail&groupID=2885&Lang=EN) \n> \n>[Proposal Currently pending](https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=CELEX%3A52020PC0593) (EP and Council have to approve) \n> \n>[A detailed article about the MiCA](https://www.lexology.com/library/detail.aspx?g=3edcf6c0-2637-46b3-93f0-86a6d80fb27c) \n> \n>For what regards the EU side, as citizens we can propose regulations! So we can take action\n\nEdit: one source [https://gettotext.com/eu-draft-wants-to-ban-possession-of-anonymous-crypto-wallets/](https://gettotext.com/eu-draft-wants-to-ban-possession-of-anonymous-crypto-wallets/)\n\nEdit 2: While I agree that FUD mustn’t be shared, this is not FUD. Yes it’s just an unofficial draft, but it’s important that we as a community remain vigilant and make use of our voices. I don’t have a problem with being KYC’ed on an exchange, but I want to be the only one who is in control of my assets on a private wallet. Period. And I’m sick of all these fake arguments to give away constantly more and more of my freedom and privacy.", 'https://www.reddit.com/r/CryptoCurrency/comments/ogi0c4/both_eu_and_us_are_planning_to_make_private/', 'ogi0c4', [['u/KenBradley81', 392, '2021-07-09 00:30', 'https://www.reddit.com/r/CryptoCurrency/comments/ogi0c4/both_eu_and_us_are_planning_to_make_private/h4iyg0l/', 'You’d think US politicians would embrace anonymous wallets for accepting anonymous bribes', 'ogi0c4'], ['u/c0mm0ns3ns3', 22, '2021-07-09 00:31', 'https://www.reddit.com/r/CryptoCurrency/comments/ogi0c4/both_eu_and_us_are_planning_to_make_private/h4iym89/', 'Get organized, get active, educate people around you. Defend your freedom against regulatory madness', 'ogi0c4'], ['u/fastward', 67, '2021-07-09 00:38', 'https://www.reddit.com/r/CryptoCurrency/comments/ogi0c4/both_eu_and_us_are_planning_to_make_private/h4izg9j/', 'They prefer cash in bags.', 'ogi0c4'], ['u/ineedhelpwithcalcu', 97, '2021-07-09 00:39', 'https://www.reddit.com/r/CryptoCurrency/comments/ogi0c4/both_eu_and_us_are_planning_to_make_private/h4izlsf/', 'XMR baby', 'ogi0c4'], ['u/c0mm0ns3ns3', 30, '2021-07-09 00:39', 'https://www.reddit.com/r/CryptoCurrency/comments/ogi0c4/both_eu_and_us_are_planning_to_make_private/h4iznor/', 'To me it’s simple: whoever is selling for FIAT money is already forced to use a regular exchange, where the person is identified. But I want to be the only one who is in control of my holdings!', 'ogi0c4'], ['u/myhaxdontwork', 11, '2021-07-09 00:41', 'https://www.reddit.com/r/CryptoCurrency/comments/ogi0c4/both_eu_and_us_are_planning_to_make_private/h4izswl/', 'Fortunately, true crypto enthusiasts will continue to make wallets for public use either way!', 'ogi0c4'], ['u/[deleted]', 148, '2021-07-09 00:52', 'https://www.reddit.com/r/CryptoCurrency/comments/ogi0c4/both_eu_and_us_are_planning_to_make_private/h4j17rx/', 'I always laugh when I see this shit. I understand it might be scary for rookies. But this is straight up funny. They can never ban such thing. 😂', 'ogi0c4'], ['u/RealFilom', 50, '2021-07-09 00:54', 'https://www.reddit.com/r/CryptoCurrency/comments/ogi0c4/both_eu_and_us_are_planning_to_make_private/h4j1f07/', 'Governments are trying to take away the one element of crypto for which it was invented in the first place, decentralization.', 'ogi0c4'], ['u/Many_Arm7466', 46, '2021-07-09 00:55', 'https://www.reddit.com/r/CryptoCurrency/comments/ogi0c4/both_eu_and_us_are_planning_to_make_private/h4j1k6e/', 'XMR holders are grinning right now 😁', 'ogi0c4'], ['u/Many_Arm7466', 1685, ... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
33520.52, 34240.19, 33155.85, 32702.03, 32822.35, 31780.73, 31421.54, 31533.07, 31796.81, 30817.83
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['Bitcoin, BTC to USD, rose by 2.81% on Friday. Reversing a 3.04% decline from Thursday, Bitcoin ended the day at $33,769.0.\nA mixed start to the day saw Bitcoin slide to an early morning intraday low $32,237.0 before making a move.\nSteering clear of the first major support level at $31,967, Bitcoin rallied to a late intraday high $34,059.0.\nBitcoin broke through the first major resistance level at $33,843 before easing back to sub-$33,800 levels.\nThe near-term bullish trend remained intact, in spite of the latest return to $32,000 levels. For the bears, Bitcoin would need a sustained fall through the 62% FIB of $27,237 to form a near-term bearish trend.\nAcross the rest of the majors, it was a mixed day on Friday.\nBitcoin Cash SVslid by 3.50%, with Polkadot declining by 0.42% to buck the trend on the day.\nIt was a bullish day for the rest of the majors, however.\nCrypto.com Coinrallied by 6.68% to lead the way, withBinance Coin(+2.23%) andRipple’s XRP(+2.72%) finding strong support.\nChainlink(+1.52%),Cardano’s ADA(+1.70%),Ethereum(+1.47%), andLitecoin(+1.88%) trailed the front runners, however.\nIn the week, the crypto total market rose to a Wednesday high $1,476bn before falling to a Friday low $1,313bn. At the time of writing, the total market cap stood at $1,395bn.\nBitcoin’s dominance fell to a Thursday low 44.48% before rising to a Friday high 46.09%. At the time of writing, Bitcoin’s dominance stood at 45.77%.\nAt the time of writing, Bitcoin was up by 0.62% to $33,980.0. A mixed start to the day saw Bitcoin fall to an early morning low $33,694.0 before rising to a high $34,015.0.\nBitcoin left the major support and resistance levels untested early on.\nElsewhere, it was a bullish start to the day.\nAt the time of writing, Chainlink was up by 1.21% to lead the way.\nBitcoin would need to avoid the $33,355 pivot to bring the first major resistance level at $34,473 into play.\nSupport from the broader market would be needed for Bitcoin to break out from Friday’s high $34,059.0.\nBarring a broad-based crypto rebound, the first major resistance level would likely cap any upside.\nIn the event of an extended crypto rally, Bitcoin could test resistance at $36,000 levels before any pullback. The second major resistance level sits at $35,177.\nA fall through the $33,355 pivot would bring the first major support level at $32,651 into play.\nBarring an extended sell-off on the day, Bitcoin should steer clear of sub-$32,000 levels. The second major support level sits at $31,533.\nThisarticlewas originally posted on FX Empire\n• USD/CAD Exchange Rate Prediction – The Canadian Dollar Strengthens Following Robust Employment Report\n• Silver Weekly Price Forecast – Silver Markets Continue to Test Bottom of Triangle\n• Gold Price Prediction – Prices Rise as the Dollar Slides\n• Gold Forecast – Must Hold Bullish & Bearish Price Levels for Gold and Miners\n• Gold Weekly Price Forecast – Gold Markets Building Base\n• Silver’s Price Performance: Dollar Eases Allow XAG To Top $26', 'Bitcoin , BTC to USD, rose by 2.81% on Friday. Reversing a 3.04% decline from Thursday, Bitcoin ended the day at $33,769.0. A mixed start to the day saw Bitcoin slide to an early morning intraday low $32,237.0 before making a move. Steering clear of the first major support level at $31,967, Bitcoin rallied to a late intraday high $34,059.0. Bitcoin broke through the first major resistance level at $33,843 before easing back to sub-$33,800 levels. The near-term bullish trend remained intact, in spite of the latest return to $32,000 levels. For the bears, Bitcoin would need a sustained fall through the 62% FIB of $27,237 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was a mixed day on Friday. Bitcoin Cash SV slid by 3.50%, with Polkadot declining by 0.42% to buck the trend on the day. It was a bullish day for the rest of the majors, however. Crypto.com Coin rallied by 6.68% to lead the way, with Binance Coin (+2.23%) and Ripple’s XRP (+2.72%) finding strong support. Chainlink (+1.52%), Cardano’s ADA (+1.70%), Ethereum (+1.47%), and Litecoin (+1.88%) trailed the front runners, however. In the week, the crypto total market rose to a Wednesday high $1,476bn before falling to a Friday low $1,313bn. At the time of writing, the total market cap stood at $1,395bn. Bitcoin’s dominance fell to a Thursday low 44.48% before rising to a Friday high 46.09%. At the time of writing, Bitcoin’s dominance stood at 45.77%. This Morning At the time of writing, Bitcoin was up by 0.62% to $33,980.0. A mixed start to the day saw Bitcoin fall to an early morning low $33,694.0 before rising to a high $34,015.0. Bitcoin left the major support and resistance levels untested early on. Elsewhere, it was a bullish start to the day. At the time of writing, Chainlink was up by 1.21% to lead the way. For the Bitcoin Day Ahead Bitcoin would need to avoid the $33,355 pivot to bring the first major resistance level at $34,473 into play. Story continues Support from the broader market would be needed for Bitcoin to break out from Friday’s high $34,059.0. Barring a broad-based crypto rebound, the first major resistance level would likely cap any upside. In the event of an extended crypto rally, Bitcoin could test resistance at $36,000 levels before any pullback. The second major resistance level sits at $35,177. A fall through the $33,355 pivot would bring the first major support level at $32,651 into play. Barring an extended sell-off on the day, Bitcoin should steer clear of sub-$32,000 levels. The second major support level sits at $31,533. This article was originally posted on FX Empire More From FXEMPIRE: USD/CAD Exchange Rate Prediction – The Canadian Dollar Strengthens Following Robust Employment Report Silver Weekly Price Forecast – Silver Markets Continue to Test Bottom of Triangle Gold Price Prediction – Prices Rise as the Dollar Slides Gold Forecast – Must Hold Bullish & Bearish Price Levels for Gold and Miners Gold Weekly Price Forecast – Gold Markets Building Base Silver’s Price Performance: Dollar Eases Allow XAG To Top $26', 'Leave it to Elon Musk to give Dogecoin the lift it sorely needed. With yet another market-moving tweet on Friday, the Tesla chief\x97who famously dubbed himself\xa0\x93The Dogefather\x94\x97lifted Dogecoin out of its recent slump , driving the crypto meme-coin back above 22 cents after a steady decline that had seen it slip below 20 cents on Thursday. That\x92s still a long way from Dogecoin\x92s heady highs in May, when it broke 74 cents in the buildup to Musk\x92s hotly anticipated Saturday Night Liv e hosting appearance . https://twitter.com/elonmusk/status/1413396249546563586 But while the notion that Musk can move the crypto markets with the push of a button is well established at this point, it was his thoughts on the wonkier aspects of digital currencies that made this instance particularly curious\x97especially for those not well-versed in their technical intricacies. In responding to YouTuber and Dogecoin investor Matt Wallace\x92s observation that upcoming updates would \x93position Doge perfectly to become one of the most used currencies in the world,\x94 Musk pitched his own thoughts on upgrades to Dogecoin\x92s blockchain transaction system that, in his view, would give it an advantage over Bitcoin and Ethereum. Whereas Bitcoin and Ethereum are encumbered by transaction rates that are too \x93slow\x94 and transaction costs that are too \x93high,\x94 according to Musk, Dogecoin could avoid such issues by using exchanges like Coinbase and Binance as a \x93de facto secondary layer\x94 to process transactions\x97in theory enabling them to be quicker and more efficient. As Musk noted, both Bitcoin and Ethereum have pursued \x93multilayer\x94 transaction systems that aim to alleviate such issues, with Bitcoin\x92s Taproot upgrade expected to roll out this coming fall. But in the case of Dogecoin, the Tesla CEO appears to believe that it would be better served deploying crypto exchanges as an additional layer to allow faster, cheaper trades. As Bitcoin.com notes , Dogecoin developers are currently working on the updates that Wallace mentioned in his original tweet, which promise to lower Dogecoin\x92s fee structure and increase transaction rates. And there were no shortage of crypto-conscious Twitter users who responded to Musk to mention existing blockchain platforms that they said could do the job asked, such as Lightning Network and Solana . Story continues If the idea that crypto exchanges could serve as a \x93de facto secondary layer\x94 to authenticate and process Dogecoin transactions seems curious, if not questionable, that\x92s because it could very well be. David Sacco, a professor at the University of New Haven\x92s Pompea College of Business, tells Fortune a system granting third-party crypto exchanges a role in processing transactions seems \x93counterintuitive\x94 to the very appeal of cryptocurrencies and their underlying blockchain technology. \x93Cryptocurrency is about transacting peer-to-peer without third parties; the value of crypto comes from that [blockchain-enabled] impenetrability that allows it to exist without any third party,\x94 Sacco notes. In that regard, Musk\x92s suggestion \x93is a bit of a conflict for me," he says. There\x92s also the possibility that granting an outsized role to certain exchanges could hinder Dogecoin\x92s overall \x93fungibility,\x94 according to Sacco, by making it harder to trade the coin on certain platforms not involved in its transaction process. \x93It sounds like Ethereum and Bitcoin are doing [upgrades] that make these currencies more fungible and easier to trade,\x94 he adds. \x93If Dogecoin goes its own route, I don\x92t know how that makes it more attractive.\x94 Of course, when discussing Dogecoin, it\x92s hard to discount the thoughts of Musk\x97who, more than any other person, is most responsible for the phenomenon that is **Last 60 Days of Bitcoin's Closing Prices:** [56704.57, 49150.54, 49716.19, 49880.54, 46760.19, 46456.06, 43537.51, 42909.40, 37002.44, 40782.74, 37304.69, 37536.63, 34770.58, 38705.98, 38402.22, 39294.20, 38436.97, 35697.61, 34616.07, 35678.13, 37332.86, 36684.93, 37575.18, 39208.77, 36894.41, 35551.96, 35862.38, 33560.71, 33472.63, 37345.12, 36702.60, 37334.40, 35552.52, 39097.86, 40218.48, 40406.27, 38347.06, 38053.50, 35787.25, 35615.87, 35698.30, 31676.69, 32505.66, 33723.03, 34662.44, 31637.78, 32186.28, 34649.64, 34434.34, 35867.78, 35040.84, 33572.12, 33897.05, 34668.55, 35287.78, 33746.00, 34235.20, 33855.33, 32877.37, 33798.01] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2021-07-10 **Financial & Commodity Data:** - Gold Closing Price: $1810.00 - Crude Oil Closing Price: $74.56 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $640,126,379,300 - Hash Rate: 114952370.50852396 - Transaction Count: 187263.0 - Unique Addresses: 485683.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.20 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Polygon (MATIC) has been following a descending resistance line since reaching an all-time high price on May 18. While the token has bounced at a horizontal support area, the trend cannot be considered bullish until a breakout from the resistance line occurs. Ongoing MATIC descent MATIC has been decreasing alongside a descending resistance line since May 18, when it reached an all-time high price of $2.70. So farm, it as reached a low of $0.74, doing so on May 23. While it bounced afterwards, it failed to break out from the descending resistance line. It created two higher lows (red icons) and has fallen back to the $1.05 support area once more. When combined with the previously outlined descending resistance line, this creates a descending triangle, which is considered a bearish pattern. In addition to this, technical indicators are bearish. The MACD & RSI are decreasing while the Stochastic oscillator has yet to make a bullish cross. A breakdown could take MATIC all the way down to the $0.45 support area. Chart By TradingView Cryptocurrency trader @Altcoinsherpa outlined a MATIC chart, stating that the token has to break the $1.70 resistance in order to head higher. The area coincides with the descending resistance line. Therefore, until the token clears it, the trend cannot be considered bullish. Source: Twitter Potential wedge The shorter-term two-hour chart shows a descending wedge, which has been in place since June 15. The descending wedge is considered a bullish reversal pattern. Both the two-hour MACD & RSI are moving upwards, supporting the possibility of a breakout. If MATIC manages to break out from the wedge, it would also confirm the bullish reversal with a movement above the long-term descending resistance line. Chart By TradingView MATIC/BTC The MATIC/BTC pair has an almost identical chart. It has been following a descending resistance line since reaching an all-time high price on May 19. It reached its low on May 19, bounced, but failed to break the resistance line. Similarly, technical indicators are bearish. Until the token manages to break out from this line, the trend cannot be considered bullish. A breakdown below the 3,050 satoshi support area could cause a sharp drop. Chart By TradingView For BeInCrypto’s latest bitcoin (BTC) analysis, click here. View comments... - Reddit Posts (Sample): [['u/IHaventEvenGotADog', 'How does BTC price affect the activity in r/Cryptocurrency? I collected the data and took a look (This is a long one, so buckle up)', 189, '2021-07-10 02:06', 'https://www.reddit.com/r/CryptoCurrency/comments/oh7vsq/how_does_btc_price_affect_the_activity_in/', 'I recently started trying to predict the Moon to Karma ratio, because how cool would that be?\n\nI figured out that the total karma per Moon round correlates with the activity in the daily discussion threads.\n\nLike this:\n\nhttps://preview.redd.it/y4tm13i1w4a71.png?width=899&format=png&auto=webp&s=189cf98d79906c94d9b7f24a0afdf70a1b7c8b7e\n\nI thought it would be close, but I didn\'t expect it to be that close.\n\nThen I wondered how the BTC price activity affects what goes on in the daily discussion.\n\nSo I collected all the data. I went back to when Moons were introduced and organised it in Moon rounds, just so its easier for me to graph with other stuff.\n\nI got the BTC price from CMC and took the closing figure for each day, then I managed to get the comment count for each daily since 13th May 2020 (There are some gaps with the daily\'s as they were deleted or something like that, but its not many and it averages out alright on the whole I think)\n\n# Then I made a fucking spreadsheet, didn\'t I.\n\n# And some graphs\n\nHere\'s one:\n\nhttps://preview.redd.it/5gegpd9gw4a71.png?width=908&format=png&auto=webp&s=692a50d510c1e5aab0e728cbf6ce2d7debf54e7f\n\n# Yeah of course the price going up will increase activity round here, so what you dork? So I took a closer look.\n\nI graphed each round.\n\nRounds 1-7 look kind of boring, the same as the market was at the time. I played around with the axis scales and you can see a little bit of what\'s going on but we\'ll skip them for this post.\n\nRound 8 & 9 were when BTC started smashing ATH\'s and shit started kicking off around here.\n\n# Round 8\n\nhttps://preview.redd.it/y34tevvuy4a71.png?width=919&format=png&auto=webp&s=6c0dbf9627c742c7cd639d57a013ff43c407c176\n\n# Round 9\n\nhttps://preview.redd.it/wc85fmdwy4a71.png?width=919&format=png&auto=webp&s=21ca4f87e93bc53eab6adff2b7063f3eea19df54\n\nThis is when we started getting easily into the multiple thousand comments per day in the daily.\n\n# Round 10 \n\n(This one is broken because I couldn\'t find all the comment counts, so I just averaged them)\n\nhttps://preview.redd.it/tt3ji3lmz4a71.png?width=919&format=png&auto=webp&s=5f9df09a60d58bde47c15769e64f8f497bfeb9bc\n\n(If anyone has got the numbers for the daily in round 10 then hook me up please)\n\n# Round 11\n\nhttps://preview.redd.it/le0qsybb05a71.png?width=919&format=png&auto=webp&s=191a6b7022d271aafca0efa6819c18dffd2a29eb\n\nThis is where the good stuff starts. (If you\'re weird like me)\n\nI always thought that the price going up would be the major driver in comment amounts. People posting "To the Moon" and all the other good hype and mania.\n\nBut it looks like its quite the opposite.\n\nIt looks like misery really does enjoy company\n\nWe get the most activity and the highest peaks when the price freefalls.\n\n# Rounds 12 - 15\n\nAlmost every time the price dips a decent amount, the comment count spikes.\n\nhttps://preview.redd.it/4lxeju0v05a71.png?width=919&format=png&auto=webp&s=98874346a2b20098a6fe464e5161d4d46d4db16b\n\n​\n\nhttps://preview.redd.it/y5mpv4yv05a71.png?width=919&format=png&auto=webp&s=6e0ea10b36a066131cc2b822b6c5e233172aac15\n\n​\n\nhttps://preview.redd.it/y3l2lr1x05a71.png?width=908&format=png&auto=webp&s=f42a64382b920e0a87f6edba5c0dc5eee3167116\n\nCan anyone remember what happened on 19/05 other than the price dip? That spike is the highest daily I\'ve recorded at 58,550 comments.\n\n​\n\nhttps://preview.redd.it/bwr85i2y05a71.png?width=908&format=png&auto=webp&s=4cbe4e069aeb63165f59f27e5ae2309525df9d4d\n\nMy original idea to predict the Moon ratio is still a work in progress, it uses the daily comment count so it looks like it might be easier for me to just build a BTC price prediction and work from there. For round 15 I predicted 0.292 when it was 0.304, so I was close.\n\n​\n\n**TL;DR Misery likes company and I fucking love spreadsheets**', 'https://www.reddit.com/r/CryptoCurrency/comments/oh7vsq/how_does_btc_price_affect_the_activity_in/', 'oh7vsq', [['u/IHaventEvenGotADog', 36, '2021-07-10 02:08', 'https://www.reddit.com/r/CryptoCurrency/comments/oh7vsq/how_does_btc_price_affect_the_activity_in/h4ne8bx/', 'Shout out to u/cintre & u/nanooverbtc for their recent appreciation of my posts, it inspired me to actually write this up.\n\nAnd of course a shoutout to my Reddit BFF u/hotdogbitchface x x x', 'oh7vsq'], ['u/Wargizmo', 11, '2021-07-10 02:17', 'https://www.reddit.com/r/CryptoCurrency/comments/oh7vsq/how_does_btc_price_affect_the_activity_in/h4nf6ra/', 'How can I use this information to acquire more moons?', 'oh7vsq'], ['u/IHaventEvenGotADog', 10, '2021-07-10 02:19', 'https://www.reddit.com/r/CryptoCurrency/comments/oh7vsq/how_does_btc_price_affect_the_activity_in/h4nfe0j/', "You gotta keep the BTC price stable, the total karma will drop, the ratio will increase and we'll get more Moons.\n\nYou reckon you can give it a go?", 'oh7vsq']]], ['u/bewart1', '$CXO CargoX ONE OF THE TOP PERFORMING ALTCOINS OF 2021', 19, '2021-07-10 02:09', 'https://www.reddit.com/r/CargoXio/comments/oh7xh2/cxo_cargox_one_of_the_top_performing_altcoins_of/', '$CXO has been one of the top performing Altcoins of 2021\n\nit has a solid baseline, lack of sellers & performs well against bitcoin ( see image )\n\nhttps://preview.redd.it/6fjwlevt1aa71.png?width=1240&format=png&auto=webp&s=9e98241f73b8e48e48d56e5448acdf4ffb2e5ca8\n\nWHY?, I know do you?\n\nAnswers below...', 'https://www.reddit.com/r/CargoXio/comments/oh7xh2/cxo_cargox_one_of_the_top_performing_altcoins_of/', 'oh7xh2', [['u/RegInvests', 10, '2021-07-10 08:35', 'https://www.reddit.com/r/CargoXio/comments/oh7xh2/cxo_cargox_one_of_the_top_performing_altcoins_of/h4oe4cx/', '$50m market cap with working product, gov contract… pretty low risk for such a speculative play IMO.\n\nThe dev team survived the 2018 bear market, have stayed in touch with community and are running a 100x CXO burn per doc goodwill gesture through testing stage. \n\nAny low MC token / coin has its risks of course BUT they also have HUGe potential.\n\nIf you’re not a fan then just jog on, your all over this Reddit … what are you looking to achieve?', 'oh7xh2']]], ['u/madigan459', 'M/M Weekly Roundup - What Did You Read?', 22, '2021-07-10 02:18', 'https://www.reddit.com/r/MM_RomanceBooks/comments/oh839n/mm_weekly_roundup_what_did_you_read/', 'Hello friends and family! Which books did you complete from Sat, July 3 to Fri, Jul 9? For those of you that have them, how are you doing on your reading goals? What are you reading now?\n\nI pulled myself out of the L.A. Witt vortex (sort of) and read a few other authors this week:\n\n* [Scattered Shells (San Capistrano book 5) by Angelique Jurd](https://www.goodreads.com/book/show/40185776-scattered-shells). 4/5 stars. I took a break from this series awhile back because it\'s emotionally difficult. TW for >!family violence, family dysfunction, emotional abuse, suicidal thoughts, suicide attempt, PTSD, extreme homophobia, shame, and self-flagellation!<. I decided to pick it back up and am glad I did. This series follows one couple throughout the years as they meet, fall in love, marry, and have kids. In this book, Alex and Ben are in a place of healing as they recover from the events of the last book. I look forward to continuing the series. \n* [Stripped (Four Bears Construction book 6) by K.M. Neuhold](https://www.goodreads.com/book/show/58027718-stripped?ac=1&from_search=true&qid=3dcwCugKTn&rank=1). DNF. No rating. Miller is a confident, super buff trans man. Demetri is a bear of a history professor with zero confidence and zero self-esteem. I decided to give this one a pass. It\'s hard for me to read a book where one character\'s self-esteem is so low that they can\'t even comprehend that someone might want them. Even Miller\'s direct "we should f\\*ck" couldn\'t penetrate Demetri\'s miasma of self-loathing. It was just too f\\*cking sad for me.\n* [Press (White House Men book 1) by Nora Phoenix](https://www.goodreads.com/book/show/55270009-press). 3/5 stars. Levar is the White House press secretary; Henley is the White House correspondent for a major newspaper. Their relationship is forbidden. The romance here takes a backseat to the political intrigue running through the book. When it comes to M/M political thrillers, Tal Bauer has set the bar high ([Hush](https://www.goodreads.com/book/show/35556172-hush?from_search=true&from_srp=true&qid=cbZTkjBaX4&rank=1) is an all-time favorite read of mine) and, IMO, Phoenix does not touch it in this book. I will be continuing the series so that I might read book 3. I\'m very interested in Rhett\'s story.\n* [Point of Contact by Melanie Hansen](https://www.goodreads.com/book/show/36625948-point-of-contact). All the stars! Riley and Jesse become best buds when they\'re stationed together in Afghanistan. When Riley dies, his father, Trevor, is grief stricken. They\'re an unlikely pair, but can Jesse and Trevor find solace in each other first as friends and then as maybe something more? It\'s rare to find someone that truly understands grief. It\'s also rare to find someone that understands returning combat veterans and the impact reintegration can have on them and their families. IMO, Hansen gets it and portrays it well here.\n* [Not Safe for Work by L.A. Witt](https://www.goodreads.com/book/show/34600557-not-safe-for-work). 3/5 stars. Jon builds models for the firm that real estate developer Rick works with. Employ... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
34240.19, 33155.85, 32702.03, 32822.35, 31780.73, 31421.54, 31533.07, 31796.81, 30817.83, 29807.35
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['Bitcoin , BTC to USD, fell by 0.78% on Saturday. Partially reversing a 2.81% gain from Friday, Bitcoin ended the day at $33,505.0. A mixed start to the day saw Bitcoin rise to an early morning intraday high $34,242.0 before hitting reverse. Falling short of the first major resistance level at $34,473, Bitcoin fell to a late intraday low $33,011.0. Steering clear of the first major support level at $32,651, Bitcoin revisited $33,600 levels before easing back. The near-term bullish trend remained intact, in spite of the latest return to $32,000 levels. For the bears, Bitcoin would need a sustained fall through the 62% FIB of $27,237 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was a bearish day on Saturday. Chainlink and Ripple’s XRP fell by 2.36% and by 1.98% respectively to lead the way down. Ethereum (-1.72%) and Polkadot (-1.70%) weren’t far behind. Binance Coin (-0.30%), Bitcoin Cash SV (-0.13%), Cardano’s ADA (-1.06%), Crypto.com Coin (-1.34%), and Litecoin (-0.45%) saw relatively modest losses, however. In the week, the crypto total market rose to a Wednesday high $1,476bn before falling to a Friday low $1,313bn. At the time of writing, the total market cap stood at $1,369bn. Bitcoin’s dominance fell to a Thursday low 44.48% before rising to a Saturday high 46.18%. At the time of writing, Bitcoin’s dominance stood at 45.96%. This Morning At the time of writing, Bitcoin was up by 0.03% to $33,514.0. A mixed start to the day saw Bitcoin fall to an early morning low $33,496.0 before rising to a high $33,548.0. Bitcoin left the major support and resistance levels untested early on. Elsewhere, it was a bullish start to the day. At the time of writing, Crypto.com Coin was up by 1.10% to lead the way. For the Bitcoin Day Ahead Bitcoin would need to move through the $33,586 pivot to bring the first major resistance level at $34,161 into play. Support from the broader market would be needed for Bitcoin to break back through to $34,000 levels. Story continues Barring a broad-based crypto rebound, the first major resistance level and Saturday’s high $34,242.0 would likely cap any upside. In the event of an extended crypto rally, Bitcoin could test resistance at $35,000 levels before any pullback. The second major resistance level sits at $34,817. Failure to move through the $33,586 pivot would bring the first major support level at $32,930 into play. Barring an extended sell-off on the day, Bitcoin should steer clear of sub-$32,000 levels. The second major support level at $32,355 should limit the downside. This article was originally posted on FX Empire More From FXEMPIRE: Gold Price Prediction – Prices Rise as the Dollar Slides U.S Mortgage Rates Fall Further Back from the 3% Mark The Crypto Daily – Movers and Shakers – July 10th, 2021 Gold Forecast – Must Hold Bullish & Bearish Price Levels for Gold and Miners Ethereum, Litecoin, and Ripple’s XRP – Daily Tech Analysis – July 10th, 2021 The Week Ahead – Economic Data, Monetary Policy, and the Delta Variant in Focus', 'Bitcoin , BTC to USD, fell by 0.78% on Saturday. Partially reversing a 2.81% gain from Friday, Bitcoin ended the day at $33,505.0. A mixed start to the day saw Bitcoin rise to an early morning intraday high $34,242.0 before hitting reverse. Falling short of the first major resistance level at $34,473, Bitcoin fell to a late intraday low $33,011.0. Steering clear of the first major support level at $32,651, Bitcoin revisited $33,600 levels before easing back. The near-term bullish trend remained intact, in spite of the latest return to $32,000 levels. For the bears, Bitcoin would need a sustained fall through the 62% FIB of $27,237 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was a bearish day on Saturday. Chainlink and Ripple’s XRP fell by 2.36% and by 1.98% respectively to lead the way down. Ethereum (-1.72%) and Polkadot (-1.70%) weren’t far behind. Binance Coin (-0.30%), Bitcoin Cash SV (-0.13%), Cardano’s ADA (-1.06%), Crypto.com Coin (-1.34%), and Litecoin (-0.45%) saw relatively modest losses, however. In the week, the crypto total market rose to a Wednesday high $1,476bn before falling to a Friday low $1,313bn. At the time of writing, the total market cap stood at $1,369bn. Bitcoin’s dominance fell to a Thursday low 44.48% before rising to a Saturday high 46.18%. At the time of writing, Bitcoin’s dominance stood at 45.96%. This Morning At the time of writing, Bitcoin was up by 0.03% to $33,514.0. A mixed start to the day saw Bitcoin fall to an early morning low $33,496.0 before rising to a high $33,548.0. Bitcoin left the major support and resistance levels untested early on. Elsewhere, it was a bullish start to the day. At the time of writing, Crypto.com Coin was up by 1.10% to lead the way. For the Bitcoin Day Ahead Bitcoin would need to move through the $33,586 pivot to bring the first major resistance level at $34,161 into play. Support from the broader market would be needed for Bitcoin to break back through to $34,000 levels. Story continues Barring a broad-based crypto rebound, the first major resistance level and Saturday’s high $34,242.0 would likely cap any upside. In the event of an extended crypto rally, Bitcoin could test resistance at $35,000 levels before any pullback. The second major resistance level sits at $34,817. Failure to move through the $33,586 pivot would bring the first major support level at $32,930 into play. Barring an extended sell-off on the day, Bitcoin should steer clear of sub-$32,000 levels. The second major support level at $32,355 should limit the downside. This article was originally posted on FX Empire More From FXEMPIRE: Gold Price Prediction – Prices Rise as the Dollar Slides U.S Mortgage Rates Fall Further Back from the 3% Mark The Crypto Daily – Movers and Shakers – July 10th, 2021 Gold Forecast – Must Hold Bullish & Bearish Price Levels for Gold and Miners Ethereum, Litecoin, and Ripple’s XRP – Daily Tech Analysis – July 10th, 2021 The Week Ahead – Economic Data, Monetary Policy, and the Delta Variant in Focus', "In the current days of high and sometimes absurd valuations, it can be a burdening task to find a company worthy of a long-term investment. Particularly, it's difficult to find one that can provide significant upside, is a large cap stock, and generally has a high trading volume. Today, that stock is Coinbase Global, Inc. ( COIN ), as its price has dropped on par with Bitcoin’s since the company’s IPO mid-April. (See Coinbase stock charts on TipRanks) Reporting on this growth potential is Owen Lau of Oppenheimer & Co., who expects Coinbase to post another record quarter when it reports, in about a month's time. He ascribed COIN’s current success to trading volume of cryptocurrencies, high revenues, and growth in verified users. Lau reiterated a Buy rating on the stock, and declared a new price target of $444. This reflects a potential 12-month upside of 74.89%. The five-star analyst report was objectively optimistic on the stock, stating that the current share price is highly undervalued. He said that the price is showing signs of a compelling buy signal, for those willing to invest in the long-term. The “crypto winter,” as Lau called it, does not bother him too much, as he sees multiple opportunities for further monetization by Coinbase. These include the introduction of physical card products, rewards for verified users, and the sentiment about bitcoin inevitably rebounding. Although Bitcoin and COIN have both fallen significantly from their mid-April highs, Coinbase’s trading volumes increased about 36% quarter-over-quarter. That being said, year-over-year, the same metric has increased about 1,600%. Lau expects management to steer away from its dependency on Bitcoin, as altcoins represented about 40% of trading volume in Q1. He suggests management may want to focus on recurring revenues from heavy users, as well as on mergers and acquisitions. Due to the impressive growth seen in Coinbase, Lau raised his revenue estimate from $1.8 to $2.1 billion, and in congruence raised his price target from $434 to $444. Story continues The global shift toward digital assets and their benefits may take a while, but Lau believes in its inevitability. Coinbase’s model, he says, “is well positioned to monetize this trend.” On TipRanks, COIN has an analyst rating consensus of Moderate Buy, based on 11 Buy and 4 Hold ratings, and 1 Sell rating. The average Coinbase price target is $382.07, representing a potential 12-month upside of 50.49%. COIN closed Friday trading at a price of $253.88 per share. Disclaimer: The opinions expressed in this article are solely those of the featured analyst. The content is intended to be used for informational purposes only. It is very important to do your own analysis before making any investment.", "In the current days of high and sometimes absurd valuations, it can be a burdening task to find a company worthy of a long-term investment. Particularly, it's difficult to find one that can provide significant upside, is a large cap stock, and generally has a high trading volume. Today, that stock is Coinbase Global, Inc. (COIN), as its price has dropped on par with Bitcoin’s since the company’s IPO mid-April. (SeeCoinbase stock chartson TipRanks)\nReporting on this growth potential isOwen Lauof Oppenheimer & Co., who expects Coinbase to post another record quarter when it reports, in about a month's time. He ascribed COIN’s current success to trading volume of cryptocurrencies, high revenues, and growth in verified users.\nLau reiterated a Buy rating on the stock, and declared a new price target of $444. This reflects a potential 12-month upside of 74.89%.\nThe five-star analyst report was objectively optimistic on the stock, stating that the current share price is highly undervalued. He said that the price is showing signs of a compelling buy signal, for those willing to invest in t **Last 60 Days of Bitcoin's Closing Prices:** [49150.54, 49716.19, 49880.54, 46760.19, 46456.06, 43537.51, 42909.40, 37002.44, 40782.74, 37304.69, 37536.63, 34770.58, 38705.98, 38402.22, 39294.20, 38436.97, 35697.61, 34616.07, 35678.13, 37332.86, 36684.93, 37575.18, 39208.77, 36894.41, 35551.96, 35862.38, 33560.71, 33472.63, 37345.12, 36702.60, 37334.40, 35552.52, 39097.86, 40218.48, 40406.27, 38347.06, 38053.50, 35787.25, 35615.87, 35698.30, 31676.69, 32505.66, 33723.03, 34662.44, 31637.78, 32186.28, 34649.64, 34434.34, 35867.78, 35040.84, 33572.12, 33897.05, 34668.55, 35287.78, 33746.00, 34235.20, 33855.33, 32877.37, 33798.01, 33520.52] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2021-07-11 **Financial & Commodity Data:** - Gold Closing Price: $1810.00 - Crude Oil Closing Price: $74.56 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $635,396,227,263 - Hash Rate: 89248734.86686642 - Transaction Count: 166144.0 - Unique Addresses: 436977.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.20 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Grayscale Investments added ADA , the native token of the Cardano blockchain, to its Digital Large Cap Fund. The digital-asset manager has sold some existing constituents of the fund and used the proceeds to purchase ADA, an announcement Friday said . The addition comes as part of Grayscale’s quarterly rebalancing of the fund. In April, Grayscale added Chainlink’s LINK token. Cardano is a proof-of-stake blockchain that aims to surpass the scalability and efficiency of Ethereum. ADA has risen more than 600% year to date, and is sitting at $1.36, up 1.81% in the last 24 hours at press time. Grayscale is owned by Digital Currency Group, the parent company of CoinDesk. Related Stories Market Wrap: Bitcoin Rangebound Into the Weekend, Lags Crypto Stocks Investors Cashing Out of Grayscale Bitcoin Trust Might Bring Market Boost BlockFi Rate Cut on Bitcoin Deposits Leaves Rivals Scratching Heads DCG to Buy $50M in Shares of Grayscale’s Ethereum Classic Trust... - Reddit Posts (Sample): [['u/dasulton', 'I sold my Bitcoin to buy a house.', 1867, '2021-07-11 00:41', 'https://www.reddit.com/r/Bitcoin/comments/ohskaj/i_sold_my_bitcoin_to_buy_a_house/', "Calm down... I didn't sell ALL my bitcoin. I just sold some of it to put towards closing costs. Still very sad because I really believe in BTC and don't want to sell any sats. But, the plus side is I now have a house!", 'https://www.reddit.com/r/Bitcoin/comments/ohskaj/i_sold_my_bitcoin_to_buy_a_house/', 'ohskaj', [['u/Imbrokebroke480', 290, '2021-07-11 00:45', 'https://www.reddit.com/r/Bitcoin/comments/ohskaj/i_sold_my_bitcoin_to_buy_a_house/h4qzcks/', 'Don’t let anyone tell you that you were wrong to do so! Everyone’s goals are different, use your gains however you want. I don’t want the government to tell me what to do with my investments just as much as I don’t want random people online to tell me what to do with them. Ha ha. Good for you! Congratulations', 'ohskaj'], ['u/AdventurousReading27', 14, '2021-07-11 00:50', 'https://www.reddit.com/r/Bitcoin/comments/ohskaj/i_sold_my_bitcoin_to_buy_a_house/h4qzxqp/', "That's fucking dope bro. Congrats!", 'ohskaj'], ['u/mysmileyface22', 14, '2021-07-11 00:51', 'https://www.reddit.com/r/Bitcoin/comments/ohskaj/i_sold_my_bitcoin_to_buy_a_house/h4r02dx/', 'Congratulations!!', 'ohskaj'], ['u/HistoricalSeason2723', 18, '2021-07-11 00:55', 'https://www.reddit.com/r/Bitcoin/comments/ohskaj/i_sold_my_bitcoin_to_buy_a_house/h4r0gl4/', "Isn't That the point of owning bitcoin in the first place?", 'ohskaj'], ['u/WSB4tendies', 15, '2021-07-11 00:58', 'https://www.reddit.com/r/Bitcoin/comments/ohskaj/i_sold_my_bitcoin_to_buy_a_house/h4r0rhz/', 'Hell yeah dude, congrats', 'ohskaj'], ['u/Shotgun2thadick', 753, '2021-07-11 01:03', 'https://www.reddit.com/r/Bitcoin/comments/ohskaj/i_sold_my_bitcoin_to_buy_a_house/h4r197x/', 'One of the only reasons I would sell personally is to buy property or pay off debt.', 'ohskaj'], ['u/ismirschlecht', 12, '2021-07-11 01:04', 'https://www.reddit.com/r/Bitcoin/comments/ohskaj/i_sold_my_bitcoin_to_buy_a_house/h4r1c4z/', "you can't sleep inside a wallet tho", 'ohskaj'], ['u/GeneralZex', 25, '2021-07-11 01:07', 'https://www.reddit.com/r/Bitcoin/comments/ohskaj/i_sold_my_bitcoin_to_buy_a_house/h4r1oui/', 'It’s your money to do what you want with it, it doesn’t matter what anyone else thinks. Congratulations!', 'ohskaj'], ['u/OkExtension1961', 66, '2021-07-11 01:12', 'https://www.reddit.com/r/Bitcoin/comments/ohskaj/i_sold_my_bitcoin_to_buy_a_house/h4r28rl/', 'Really you just went from one investment to another, I would say you did really good! Now if you were to spend BTC and buy a car it would be different...', 'ohskaj'], ['u/billionstonks', 13, '2021-07-11 01:31', 'https://www.reddit.com/r/Bitcoin/comments/ohskaj/i_sold_my_bitcoin_to_buy_a_house/h4r4agc/', 'Congrats. Every single person in this sub plans to sell and convert their gains to fiat so they can upgrade their life in the real world. Don’t let all the hodl bullshit convince you otherwise. Hodl maximises gains but gains must be realised', 'ohskaj'], ['u/LS5x', 12, '2021-07-11 01:34', 'https://www.reddit.com/r/Bitcoin/comments/ohskaj/i_sold_my_bitcoin_to_buy_a_house/h4r4lv1/', 'Good on you OP! Buying a house is a big move and Bitcoin made it possible.', 'ohskaj'], ['u/dasulton', 63, '2021-07-11 02:30', 'https://www.reddit.com/r/Bitcoin/comments/ohskaj/i_sold_my_bitcoin_to_buy_a_house/h4rafxa/', 'I think real estate is the best asset besides bitcoin of course. Also, I need a place to live so it works out.', 'ohskaj'], ['u/dasulton', 12, '2021-07-11 02:32', 'https://www.reddit.com/r/Bitcoin/comments/ohskaj/i_sold_my_bitcoin_to_buy_a_house/h4ramg0/', "One day we may not have to sell btc. That's the dream!", 'ohskaj'], ['u/dasulton', 12, '2021-07-11 02:37', 'https://www.reddit.com/r/Bitcoin/comments/ohskaj/i_sold_my_bitcoin_to_buy_a_house/h4rb8hz/', "I think the point of owning btc in the first place is to have a perfect form of money and best asset in the past 10 years. When you have such a great performing asset it's hard to let go and sell it.", 'ohskaj'], ['u/Rube777', 51, '2021-07-11 05:34', 'https://www.reddit.com/r/Bitcoin/comments/ohskaj/i_sold_my_bitcoin_to_buy_a_house/h4rts7e/', 'If you need a car, you need a car. You can’t drive to work in BTC.', 'ohskaj'], ['u/BooMey', 20, '2021-07-11 06:11', 'https://www.reddit.com/r/Bitcoin/comments/ohskaj/i_sold_my_bitcoin_to_buy_a_house/h4rxcdu/', 'Why say more when less word will do', 'ohskaj'], ['u/WhiskeyTango311', 162, '2021-07-11 06:25', 'https://www.reddit.com/r/Bitcoin/comments/ohskaj/i_sold_my_bitcoin_to_buy_a_house/h4rykm7/', 'No reason paying off debt if the interest rate is decent. Why pay off a 3% loan with an asset gaining 120% a year in value?', 'ohskaj'], ['u/conair_93', 191, '2021-07-11 06:47', 'https://www.reddit.com/r/Bitcoin/comments/ohskaj/i_sold_my_bitcoin_to_buy_a_house/h4s0q8w/', 'If your debt to income ratio is high then it absolutely makes sense to pay off the debt if you can.', 'ohskaj'], ['u/alexjav21', 105, '2021-07-11 06:49', 'https://www.reddit.com/r/Bitcoin/comments/ohskaj/i_sold_my_bitcoin_to_buy_a_house/h4s0uxp/', 'On the flip side though, Why increase Ur risk by leveraging your position with an asset as volatile as bitcoin?', 'ohskaj'], ['u/bro8619', 18, '2021-07-11 07:49', 'https://www.reddit.com/r/Bitcoin/comments/ohskaj/i_sold_my_bitcoin_to_buy_a_house/h4s5yr2/', 'What an idiot. Just live in bitcoin.', 'ohskaj'], ['u/BenTG', 19, '2021-07-11 07:56', 'https://www.reddit.com/r/Bitcoin/comments/ohskaj/i_sold_my_bitcoin_to_buy_a_house/h4s6g2r/', 'Not with that attitude you can’t!', 'ohskaj'], ['u/mad_researcher', 23, '2021-07-11 07:57', 'https://www.reddit.com/r/Bitcoin/comments/ohskaj/i_sold_my_bitcoin_to_buy_a_house/h4s6j3i/', 'All of us here think this is a good gamble, but pretending it’s not a gamble is stupid.', 'ohskaj'], ['u/Thejollyoldfella2001', 11, '2021-07-11 08:00', 'https://www.reddit.com/r/Bitcoin/comments/ohskaj/i_sold_my_bitcoin_to_buy_a_house/h4s6rre/', 'Investing in crypto with debt? Genius', 'ohskaj'], ['u/Tall6ft7Guy4you', 33, '2021-07-11 08:01', 'https://www.reddit.com/r/Bitcoin/comments/ohskaj/i_sold_my_bitcoin_to_buy_a_house/h4s6t9x/', 'because anything can happen a house paid off is a great idea if you can. Paid off only thing that can take it from you is not paying taxes .', 'ohskaj'], ['u/organizedRhyme', 24, '2021-07-11 08:10', 'https://www.reddit.com/r/Bitcoin/comments/ohskaj/i_sold_my_bitcoin_to_buy_a_house/h4s7guj/', 'congrats, you won the game', 'ohskaj'], ['u/bigggTeee', 14, '2021-07-11 08:53', 'https://www.reddit.com/r/Bitcoin/comments/ohskaj/i_sold_my_bitcoin_to_buy_a_house/h4sajcf/', "I sold a fair chunk of bitcoin last year to pay mine off best move I've ever made no debt slave to anyone", 'ohskaj'], ['u/cryptoripto123', 11, '2021-07-11 09:56', 'https://www.reddit.com/r/Bitcoin/comments/ohskaj/i_sold_my_bitcoin_to_buy_a_house/h4selma/', "1. The volatility is much higher even when the economy is stable. Volatility in a recession could be even bigger.\n\n2. Who cares if USD has ever been deflationary? Inflation is their goal and has been for years. It's carefully managed and some basic personal financial management skills such as putting your longer term money into ETFs is all it takes to beat inflation. Anyone looking at funds from 2008 should've more than doubled up by now.\n\nEdit: I'm not trying to be anti-Bitcoin here. Just trying to point out that we don't all need to drink the Kool Aid and lose all common sense. Whether it makes sense to pay off debt or not is a personal choice. I've lived my life mainly off fiat, so I carry debt (mortgage) simply because that's where my fiat position is. But for those who don't have significant amounts in crypto, I would recommend generally focusing on paying debt off unless it's something long term calculated like a 30 yr home loan. I see nothing wrong with small monthly allocations to crypto but you better also be investing in your 401k/IRA.", 'ohskaj'], ['u/globesdustbin', 104, '2021-07-11 10:29', 'https://www.reddit.com/r/Bitcoin/comments/ohskaj/i_sold_my_bitcoin_to_buy_a_house/h4sgnkk/', 'Sleep so well with no debt, never wrong.', 'ohskaj'], ['u/NiekKamer', 10, '2021-07-11 10:56', 'https://www.reddit.com/r/Bitcoin/comments/ohskaj/i_sold_my_bitcoin_to_buy_a_house/h4sial9/', 'Yeah here in the Netherlands house prices rise 20% a month (No joke look it up). Young starters on the market can\'t buy anything. It\'s so insane here. And our government say\'s "We don\'t build enough houses". And my Country believes it!!!! Just wait till they\'ll raise interest and everything will collapse like it\'s nothing. And then we\'re all f\'ed because we get a universal basic income. I want to do something so bad but I don\'t know what! You live happily in your 1 mil home with a mortgage and suddenly you can only buy a 300 thousand euro home.', 'ohskaj'], ['u/Logicitus', 20, '2021-07-11 11:31', 'https://www.reddit.com/r/Bitcoin/comments/ohskaj/i_sold_my_bitcoin_to_buy_a_house/h4skcvf/', 'Yes, but it comes down to a personal decision of risk tolerance. Don’t pretend that taking the approach of servicing the loan to pile everything into Bitcoin couldn’t go tits up if they lost their job etc. It’s not realistic and it doesn’t help educate people', 'ohskaj'], ['u/geredtrig', 14, '2021-07-11 12:42', 'https://www.reddit.com/r/Bitcoin/comments/ohskaj/i_sold_my_bitcoin_to_buy_a_house/h4somcn/', "Should've bought bitcoin when it was a fraction of a cent.\n\nWhat should have happened it is irrelevant to anyone without a time machine.", 'ohskaj'], ['u/Davie_Baby_23', 45, '2021-07-11 16:13', 'https://www.reddit.com/r/Bitcoin/comments/ohskaj/i_sold_my_bitcoin_to_buy_a_house/h4t5zdh/', 'If I had to guess, you probably have only had, or only considered taking on debt for items such as; cars, primary residence, boat, vacation, credit cards, etc. Selling an asset to buy a consumable is far different (wors... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
33155.85, 32702.03, 32822.35, 31780.73, 31421.54, 31533.07, 31796.81, 30817.83, 29807.35, 32110.69
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['Bitcoin , BTC to USD, rose by 2.21% on Sunday. Reversing a 0.78% fall from Saturday., Bitcoin ended the week down by 2.93% to $34,244.0. A mixed start to the day saw Bitcoin fell to an early morning intraday low $33,316.0 before making a move. Steering clear of the first major support level at $32,930, Bitcoin rallied to a late intraday high $34,590.0. Bitcoin broke through the first major resistance level at $34,161 to end the day at $34,200 levels. The near-term bullish trend remained intact, in spite of the latest return to $32,000 levels. For the bears, Bitcoin would need a sustained fall through the 62% FIB of $27,237 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was a mixed day on Sunday. Bitcoin Cash SV and Polkadot bucked the trend, falling by 0.26% and by 0.89% respectively. It was a bullish day for the rest of the majors, however. Crypto.com Coin rallied by 7.02% to lead the way. Binance Coin (+1.81%), Ethereum (+1.43%), and Ripple’s XRP (+1.43%) weren’t far behind. Cardano’s ADA (+0.90%), Chainlink (+0.83%), and Litecoin (+0.17%) trailed the front runners, however. It was also a mixed week for the majors. Binance Coin and Crypto.com Coin rose by 2.60% and by 4.61% respectively to buck the trend. It was a bearish week for the rest of the majors, however. Ripple’s XRP slid by 8.75% to lead the way down. Bitcoin Cash SV (-6.74%), Cardano’s ADA (-7.74%), Chainlink (-4.66%), Ethereum (-7.85%), and Litecoin (-7.37%) also struggled. Polkadot fell by a modest 0.20%, however. In the week, the crypto total market rose to a Wednesday high $1,476bn before falling to a Friday low $1,313bn. At the time of writing, the total market cap stood at $1,369bn. Bitcoin’s dominance fell to a Thursday low 44.48% before rising to a Sunday high 46.22%. At the time of writing, Bitcoin’s dominance stood at 45.96%. This Morning At the time of writing, Bitcoin was down by 0.24% to $34,163.0. A mixed start to the day saw Bitcoin rise to an early morning high $34,360.0 before falling to a low $34.094.0. Story continues Bitcoin left the major support and resistance levels untested early on. Elsewhere, it was a mixed start to the day. Crypto.com Coin bucked the trend at the start of the day, rising by 1.11%. It was a bearish start for the rest of the majors, however. At the time of writing, Chainlink was down by 0.99% to lead the way down. For the Bitcoin Day Ahead Bitcoin would need to avoid the $34,050 pivot to bring the first major resistance level at $34,784 into play. Support from the broader market would be needed for Bitcoin to break out from Sunday’s high $34,590.0. Barring a broad-based crypto rebound, the first major resistance level and resistance at $35,000 would likely cap any upside. In the event of an extended crypto rally, Bitcoin could test resistance at $36,000 levels before any pullback. The second major resistance level sits at $35,324. A fall through the $34,050 pivot would bring the first major support level at $33,510 into play. Barring an extended sell-off on the day, Bitcoin should steer clear of sub-$33,000 levels. The second major support level sits at $32,776. This article was originally posted on FX Empire More From FXEMPIRE: Oil Price Fundamental Weekly Forecast – Bulls Hoping Supply Remains Tight Amid Renewed COVID Worries Ethereum, Litecoin, and Ripple’s XRP – Daily Tech Analysis – July 12th, 2021 A Quiet Economic Calendar Leaves COVID-19 News and Central Bank Chatter in Focus EOS, Stellar’s Lumen, and Tron’s TRX – Daily Analysis – July 12th, 2021 General Motors Turns Higher After Tough Week Earnings to Watch Next Week: Most Big U.S. Banks, PepsiCo, Delta Air Lines and UnitedHealth in Focus', 'Bitcoin, BTC to USD, rose by 2.21% on Sunday. Reversing a 0.78% fall from Saturday., Bitcoin ended the week down by 2.93% to $34,244.0.\nA mixed start to the day saw Bitcoin fell to an early morning intraday low $33,316.0 before making a move.\nSteering clear of the first major support level at $32,930, Bitcoin rallied to a late intraday high $34,590.0.\nBitcoin broke through the first major resistance level at $34,161 to end the day at $34,200 levels.\nThe near-term bullish trend remained intact, in spite of the latest return to $32,000 levels. For the bears, Bitcoin would need a sustained fall through the 62% FIB of $27,237 to form a near-term bearish trend.\nAcross the rest of the majors, it was a mixed day on Sunday.\nBitcoin Cash SVand Polkadot bucked the trend, falling by 0.26% and by 0.89% respectively.\nIt was a bullish day for the rest of the majors, however.\nCrypto.com Coinrallied by 7.02% to lead the way.\nBinance Coin(+1.81%),Ethereum(+1.43%), andRipple’s XRP(+1.43%) weren’t far behind.\nCardano’s ADA(+0.90%),Chainlink(+0.83%), andLitecoin(+0.17%) trailed the front runners, however.\nIt was also a mixed week for the majors.\nBinance Coin and Crypto.com Coin rose by 2.60% and by 4.61% respectively to buck the trend.\nIt was a bearish week for the rest of the majors, however.\nRipple’s XRP slid by 8.75% to lead the way down.\nBitcoin Cash SV (-6.74%), Cardano’s ADA (-7.74%), Chainlink (-4.66%), Ethereum (-7.85%), and Litecoin (-7.37%) also struggled.\nPolkadot fell by a modest 0.20%, however.\nIn the week, the crypto total market rose to a Wednesday high $1,476bn before falling to a Friday low $1,313bn. At the time of writing, the total market cap stood at $1,369bn.\nBitcoin’s dominance fell to a Thursday low 44.48% before rising to a Sunday high 46.22%. At the time of writing, Bitcoin’s dominance stood at 45.96%.\nAt the time of writing, Bitcoin was down by 0.24% to $34,163.0. A mixed start to the day saw Bitcoin rise to an early morning high $34,360.0 before falling to a low $34.094.0.\nBitcoin left the major support and resistance levels untested early on.\nElsewhere, it was a mixed start to the day.\nCrypto.com Coin bucked the trend at the start of the day, rising by 1.11%.\nIt was a bearish start for the rest of the majors, however.\nAt the time of writing, Chainlink was down by 0.99% to lead the way down.\nBitcoin would need to avoid the $34,050 pivot to bring the first major resistance level at $34,784 into play.\nSupport from the broader market would be needed for Bitcoin to break out from Sunday’s high $34,590.0.\nBarring a broad-based crypto rebound, the first major resistance level and resistance at $35,000 would likely cap any upside.\nIn the event of an extended crypto rally, Bitcoin could test resistance at $36,000 levels before any pullback. The second major resistance level sits at $35,324.\nA fall through the $34,050 pivot would bring the first major support level at $33,510 into play.\nBarring an extended sell-off on the day, Bitcoin should steer clear of sub-$33,000 levels. The second major support level sits at $32,776.\nThisarticlewas originally posted on FX Empire\n• Oil Price Fundamental Weekly Forecast – Bulls Hoping Supply Remains Tight Amid Renewed COVID Worries\n• Ethereum, Litecoin, and Ripple’s XRP – Daily Tech Analysis – July 12th, 2021\n• A Quiet Economic Calendar Leaves COVID-19 News and Central Bank Chatter in Focus\n• EOS, Stellar’s Lumen, and Tron’s TRX – Daily Analysis – July 12th, 2021\n• General Motors Turns Higher After Tough Week\n• Earnings to Watch Next Week: Most Big U.S. Banks, PepsiCo, Delta Air Lines and UnitedHealth in Focus', 'Ethereum Ethereum rose by 1.43% on Sunday. Partially reversing a 1.72% fall from Saturday, Ethereum ended the week down by 7.85% to $2,140.82. A mixed start to the day saw Ethereum fall to an early morning intraday low $2,081.51 before making a move. Finding support at the first major support level at $2,059, Ethereum rallied to a late intraday high $2,173.37. Coming within range of the first major resistance level at $2,177, Ethereum eased back to end the day at sub-$2,150 levels. At the time of writing, Ethereum was down by 0.40% to $2,132.28. A mixed start to the day saw Ethereum rise to an early morning high $2,142.63 before falling to a low $2,126.69. Ethereum left the major support and resistance levels untested early on. For the day ahead Ethereum would need to avoid a fall back through the $2,132 pivot to bring the first major resistance level at $2,182 into play. Support from the broader market would be needed, however, for Ethereum to break out from Sunday\x92s high $2,173.37. Barring an extended crypto rally, the first major resistance level would likely cap any upside. In the event of a broad-based crypto rally, Ethereum could test resistance at $2,250 before any pullback. The second major resistance level sits at $2,224. A fall back through the $2,132 pivot would bring the first major support level at $2,090 into play. Barring an extended sell-off, however, Ethereum should steer clear of sub-$2,000 levels. The second major support level at $2,040 should limit the downside. Looking at the Technical Indicators First Major Support Level: $2,090 Pivot Level: $2,132 First Major Resistance Level: $2,182 23.6% FIB Retracement Level: $3,369 38.2% FIB Retracement Level: $2,740 62% FIB Retracement Level: $1,725 Litecoin Litecoin rose by 0.17% on Sunday. Partially reversing a 0.45% loss from Saturday, Litecoin ended the week down by 7.37% to $134.26. A mixed start to the day saw Litecoin fall to an early intraday low $132.13 before making a move. Story continues Steering clear of the first major support level at $131, Litecoin rallied to a late intraday high $136.44. Falling short of the first major resistance level at $137, Litecoin eased back to end the day at $134 levels. At the time of writing, Litecoin was up by 0.05% to $134.33. A mixed start to the day saw Litecoin rise to an early morning high $134.44 before falling to a low $133.63. Litecoin left the major support and resistance levels untested early on. For the day ahead Litecoin would need to avoid a fall back through the $134 pivot to bring the first major resistance level at $136 into play. Support from the broader marke **Last 60 Days of Bitcoin's Closing Prices:** [49716.19, 49880.54, 46760.19, 46456.06, 43537.51, 42909.40, 37002.44, 40782.74, 37304.69, 37536.63, 34770.58, 38705.98, 38402.22, 39294.20, 38436.97, 35697.61, 34616.07, 35678.13, 37332.86, 36684.93, 37575.18, 39208.77, 36894.41, 35551.96, 35862.38, 33560.71, 33472.63, 37345.12, 36702.60, 37334.40, 35552.52, 39097.86, 40218.48, 40406.27, 38347.06, 38053.50, 35787.25, 35615.87, 35698.30, 31676.69, 32505.66, 33723.03, 34662.44, 31637.78, 32186.28, 34649.64, 34434.34, 35867.78, 35040.84, 33572.12, 33897.05, 34668.55, 35287.78, 33746.00, 34235.20, 33855.33, 32877.37, 33798.01, 33520.52, 34240.19] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2021-07-12 **Financial & Commodity Data:** - Gold Closing Price: $1805.50 - Crude Oil Closing Price: $74.10 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $621,468,902,031 - Hash Rate: 89962724.74580133 - Transaction Count: 220269.0 - Unique Addresses: 560833.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.25 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: El Salvador’s Bitcoin Law, which is expected to make the crypto legal tender within the Central American nation, is set to come into effect on Sept. 7,Reuters reportedFriday. • El Salvador President Nayib Bukele made the announcement during a national address on Thursday, per the report. • The government will use the Chivo e-wallet, preloaded with US$30 of bitcoin for everyone who downloads it, elsalvador.comreported. • The $30 in bitcoin will be sent to users’ wallets once they verify their identities via the app’s face recognition software, according to avideo of Bukelepresenting the feature on Friday. • On June 9 the law passed by asupermajorityin El Salvador’s legislature, with 62 members voting in favor of the bill, 19 opposed and three abstained. • The country’s Bitcoin Law would makebitcoinlegal tender, where merchants must accept it, alongside the U.S. dollar. • Opposition has beenmountingagainst the country’s newly legislated law, with some arguing it violates El Salvador’s constitution. See also:Deputy of El Salvador’s Opposition Party Sues Country Over Bitcoin Law • El Salvador’s Bitcoin Fee Problem (and Solutions) • Bitcoin Jumps 5% as El Salvador Braces for Crypto Law, $30 E-Wallet Airdrop • Athena to Install 1,500 ATMs in El Salvador Following Bitcoin Law • Article 7 and Bitcoin’s Latin American Coup... - Reddit Posts (Sample): [['u/PsychedelicHell', '$10 today is $100 tomorrow.', 101, '2021-07-12 00:02', 'https://www.reddit.com/r/Bitcoin/comments/oidllg/10_today_is_100_tomorrow/', "I believe that Bitcoin will be at least 10x what it currently is by 2030 and it will probably be worth lot more given it's performance history and the amount of halvenings between now and then. \n\n\nIf you're disgruntled getting up in the morning going to work just remember that every dollar you earn and put into Bitcoin you're going to get at least ten back in a few years. \n\n\nMy greatest takeaway from being in this space for the last few years is: Every extra sat you stack this year could very well allow you to retire by 2030. Yeah your alt might go up 1000% in a month but it will probably go down 90% over a year and then never recover, Bitcoin will never die.", 'https://www.reddit.com/r/Bitcoin/comments/oidllg/10_today_is_100_tomorrow/', 'oidllg', [['u/Abhijama', 79, '2021-07-12 01:34', 'https://www.reddit.com/r/Bitcoin/comments/oidllg/10_today_is_100_tomorrow/h4v2gjc/', '10x in 9 yrs . Pffff what a bear 🐻', 'oidllg'], ['u/DemApples4u', 12, '2021-07-12 03:23', 'https://www.reddit.com/r/Bitcoin/comments/oidllg/10_today_is_100_tomorrow/h4veohr/', 'Haha dollar will be worth 1/100th so 10x will be a loss.', 'oidllg'], ['u/GrindingWit', 22, '2021-07-12 04:07', 'https://www.reddit.com/r/Bitcoin/comments/oidllg/10_today_is_100_tomorrow/h4vjeki/', 'Why so bearish?', 'oidllg'], ['u/PsychedelicHell', 20, '2021-07-12 04:44', 'https://www.reddit.com/r/Bitcoin/comments/oidllg/10_today_is_100_tomorrow/h4vnffq/', 'However 1 BTC = 1 BTC.', 'oidllg'], ['u/dikgumdur', 15, '2021-07-12 04:53', 'https://www.reddit.com/r/Bitcoin/comments/oidllg/10_today_is_100_tomorrow/h4vodnw/', 'I try to think of all my non-essential purchases this way. Do I need this $20 item that will cost my future self hundreds of dollars?', 'oidllg']]], ['u/Zeratrem', 'At which price do you have your BTC buy orders?', 12, '2021-07-12 00:03', 'https://www.reddit.com/r/Bitcoin/comments/oidmg5/at_which_price_do_you_have_your_btc_buy_orders/', 'Mine are:\n\n1. 31.500$ for 50% of current disposable FIAT\n2. 25.500$ for last 50%', 'https://www.reddit.com/r/Bitcoin/comments/oidmg5/at_which_price_do_you_have_your_btc_buy_orders/', 'oidmg5', [['u/mercurysquid', 10, '2021-07-12 00:08', 'https://www.reddit.com/r/Bitcoin/comments/oidmg5/at_which_price_do_you_have_your_btc_buy_orders/h4url1f/', 'I have five equidistant and incrementally increasing value limit orders set from 30.5k down to 24k. This is on top of my regularly recurring weekly DCA.', 'oidmg5'], ['u/Mark_Bear', 30, '2021-07-12 00:09', 'https://www.reddit.com/r/Bitcoin/comments/oidmg5/at_which_price_do_you_have_your_btc_buy_orders/h4urnfv/', 'I just buy some every month, as if it were another bill to pay.', 'oidmg5'], ['u/joannew99', 14, '2021-07-12 00:31', 'https://www.reddit.com/r/Bitcoin/comments/oidmg5/at_which_price_do_you_have_your_btc_buy_orders/h4uuo6h/', 'Exactly. DCA + HODL is way more efficient than trying to time the market.', 'oidmg5'], ['u/amretardmonke', 42, '2021-07-12 01:01', 'https://www.reddit.com/r/Bitcoin/comments/oidmg5/at_which_price_do_you_have_your_btc_buy_orders/h4uyk3r/', 'You guys still have money?', 'oidmg5'], ['u/squeezeseason', 14, '2021-07-12 01:27', 'https://www.reddit.com/r/Bitcoin/comments/oidmg5/at_which_price_do_you_have_your_btc_buy_orders/h4v1no1/', 'Mining .001 bitcoin a day. My solar panels are my dca 😂', 'oidmg5']]], ['u/HEV3', 'The Firecast #7 - July 11th, 2021', 74, '2021-07-12 00:09', 'https://www.reddit.com/r/BonfireToken/comments/oidqkq/the_firecast_7_july_11th_2021/', "Hello again Bonfire community!\n\nWelcome to The Firecast, a weekly series where I track changes in Bonfire and use them to forecast what will happen in the future.\n\n# Historical Data\n\n||**Week**|**Month**|**All-Time**|\n|:-|:-|:-|:-|\n|**Burn**|0.0436%|0.1867%|40.1721%|\n|**Reflection**|0.1078%|0.4626%|29.4392%|\n|**Average Price / Billion**|$65.93|$76.04|$140.25|\n|**Average Market Cap**|$38.901 million|$45.424 million|$83.238 million|\n|**Average Daily Volume (Bonfire)**|2.972 trillion|3.103 trillion|70.614 trillion|\n\nThis time around I'm also going to include some historical charts.\n\nFirst off is Bonfire's Network Value to Transactions (NVT) Ratio. This is similar to a Price to Earnings (P/E) ratio in traditional stock investing. Very low numbers tend to indicate that Bonfire is either in a growth phase or overbought, indicating a dip may be coming. On the other hand, high numbers tend to indicate that Bonfire is oversold and could be poised for a breakout. Early on when the market was booming we had a low NVT ratio and presently our NVT ratio is high. Watch these values over the coming weeks and how the 7- and 30-day averages change relative to each other. They might inform your investing decisions.\n\n[Figure 1: Bonfire NVT Ratio](https://preview.redd.it/w6km9ahcona71.png?width=1282&format=png&auto=webp&s=226a1e3df3fc5fd68a00ac0cde5c3a2d9050cbf8)\n\nNext is the Fear & Greed Index as developed by [Alternative.me](https://alternative.me/crypto/fear-and-greed-index/). This index is for Bitcoin, and thus represents all of crypto in general rather than Bonfire in particular. It is a great reference because it shows the state of the market using a scale from 0 to 100. Low numbers show that fear is dominant and that it is likely a good time to buy and HODL. High numbers indicate that greed is dominant and you should consider taking profits and cashing out. A number in the middle represents a more healthy market with some fear and some greed.\n\n[Figure 2: Crypto Fear & Greed Index; Source: Alternative.me](https://preview.redd.it/b225eioiona71.png?width=1279&format=png&auto=webp&s=6d5dc6069922f591d24c6568574935700fe81679)\n\nLastly are several charts showing historical changes over time for various aspects of Bonfire. These are included simply for reference and because I'm sure they would be of interest to the community.\n\n[Figure 3: Daily Average Return](https://preview.redd.it/dd1fadppona71.png?width=1281&format=png&auto=webp&s=417924d718411f4194f83b39f06dc05a8172627f)\n\n[Figure 4: Daily Average Volume \\(as measured in Bonfire\\)](https://preview.redd.it/6n2bhkcuona71.png?width=1279&format=png&auto=webp&s=59f3f153e8e72744e28f4552e43fa0ca6c2e642d)\n\n[Figure 5: Daily Average Volume \\(as measured in $\\)](https://preview.redd.it/matbm3c0pna71.png?width=1281&format=png&auto=webp&s=605479a50ace8f1ddbe0ad7f69a1e756412b4e26)\n\n[Figure 6: Daily Average Burn and Redistribution](https://preview.redd.it/p98gkth7pna71.png?width=1279&format=png&auto=webp&s=89c69403141c482f18eedee63f7bb3093a78b239)\n\n# Forecast\n\nWe still appear on track for the same assumptions as the last two weeks.\n\n**My key assumptions / target dates:**\n\n* Kindling releases its planned Bonfire ecosystem platforms on-time and to the general satisfaction of the community\n* Bonfire is listed on more exchanges in the next two to three months, allowing easier access for buying and selling\n* A sustained rebound in Bitcoin begins in late July\n* Bitcoin returns to its all-time high in mid-September\n* Bitcoin peaks at a new ATH of $180k in mid-January 2022 before trending back downward\n* BNB reaches approximately $1,500, roughly 2.2x its previous ATH and 4.7x its current price\n\n**My findings:**\n\n[Figure 7: Expected BNB per Billion Bonfire](https://preview.redd.it/ovrqpsqnpna71.png?width=1411&format=png&auto=webp&s=e8239f3628562396fdcd4bc63c8386fb30508316)\n\n[Figure 8: Expected Cumulative Passive Reflection as a Percentage of Holdings](https://preview.redd.it/jumwpgk1qna71.png?width=1411&format=png&auto=webp&s=581354a4384c137ddcabcd623b35dc2a03506267)\n\nThe forecast has dropped from last week as sell pressure has caused our token price to decrease. At the same time BNB has increased week-over-week indicating that Bonfire has weakened versus BNB. Nevertheless Bonfire has ample room for increases in value moving forward.\n\nBy a new peak in late January, the value of Bonfire in BNB is expected to increase by 20.5x. Over that same time, it is assumed that BNB will increase about 4.7x relative to the dollar. This means that the cumulative increase in value of Bonfire relative to the dollar should be about 96.4x! This would correspond to a **price of $0.0000058** and a **market cap of $3.16 billion.**\n\nBut that's not all! You'd be expected to gain roughly 13.0% on your tokens through passive reflection in the same time frame. This means your **combined total return** between now and the peak should be close to **108.9x**.\n\nThat means that **$1,000 invested today could net you around $108,900** come January, as long as the assumptions I've made hold mostly true.\n\n|[<< The Firecast #6 - July 5, 2021](https://www.reddit.com/r/BonfireToken/comments/oecbds/the_firecast_6_july_5th_2021/)|The Firecast #8 - July 18, 2021 >>|\n|:-|:-|\n|[Home](https://www.reddit.com/r/BonfireToken/comments/nsulb5/the_firecast_home/)||\n\n*Do you love this series? Would you like to see a full overview of Bonfire and its functionality? Check out my other series* [***How Bonfire Works!***](https://www.reddit.com/r/BonfireToken/comments/nsuoys/how_bonfire_works_home_page/)\n\n*I am not a financial advisor and this is not financial advice. Do your own research before investing in any asset, especially in the volatile and risky crypto asset class.*", 'https://www.reddit.com/r/BonfireToken/comments/oidqkq/the_firecast_7_july_11th_2021/', 'oidqkq', [['u/tbished453', 10, '2021-07-12 00:26', 'https://www.reddit.com/r/BonfireToken/comments/oidqkq/the_firecast_7_july_11th_2021/h4utxk9/', 'Good work, loving the optimism', 'oidqkq']]], ['u/LuisPeixotoRE', "What's your strategy when it comes to cryptocurrency investing?", 18, '2021-07-12 01:01', 'https://www.reddit.com/r/CryptoCur... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
32702.03, 32822.35, 31780.73, 31421.54, 31533.07, 31796.81, 30817.83, 29807.35, 32110.69, 32313.11
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['Capital International Investors, a unit of Los Angeles-based investment firm Capital Group, has purchased a 12.2% stake in MicroStrategy (MSTR), a business-intelligence company that has invested heavily inbitcoin.\n• According to afilingwith the U.S. Securities and Exchange Commission on June 30, Capital International bought 953,242 shares.\n• While the filing was made two weeks ago, Walter Burkley, a senior vice president and senior counsel at Capital Group, only signed off on Monday, according to the document.\n• CII is a private equity firm that is part of Capital Group, an asset manager with$7.6 billionin annual revenue and$2.3 trillionin assets under its management.\n• The purchase by CII provides the firm with indirect exposure to MicroStrategy’s more than105,000 bitcoinreserves.\n• According to data from the Nasdaq exchange, MicroStrategy’s share price is down 6.3% over a 24-hour period at a closing price of $588 and is down roughly 55% from its peak of $1,315 on Feb. 9.\n• US June Consumer Price Index Rose Faster Than Expected\n• Fed’s Bullard Says Time Is Right to Scale Back Stimulus; Bitcoin Unmoved\n• Bitcoin’s Range Play Likely to End With Bullish Breakout: Analyst\n• Market Wrap: Bitcoin Drops as Traders Await June CPI Inflation Report', 'Capital International Investors, a unit of Los Angeles-based investment firm Capital Group, has purchased a 12.2% stake in MicroStrategy (MSTR), a business-intelligence company that has invested heavily in bitcoin . According to a filing with the U.S. Securities and Exchange Commission on June 30, Capital International bought 953,242 shares. While the filing was made two weeks ago, Walter Burkley, a senior vice president and senior counsel at Capital Group, only signed off on Monday, according to the document. CII is a private equity firm that is part of Capital Group, an asset manager with $7.6 billion in annual revenue and $2.3 trillion in assets under its management. The purchase by CII provides the firm with indirect exposure to MicroStrategy’s more than 105,000 bitcoin reserves. According to data from the Nasdaq exchange, MicroStrategy’s share price is down 6.3% over a 24-hour period at a closing price of $588 and is down roughly 55% from its peak of $1,315 on Feb. 9. Related Stories US June Consumer Price Index Rose Faster Than Expected Fed’s Bullard Says Time Is Right to Scale Back Stimulus; Bitcoin Unmoved Bitcoin’s Range Play Likely to End With Bullish Breakout: Analyst Market Wrap: Bitcoin Drops as Traders Await June CPI Inflation Report', 'Capital International Investors, a unit of Los Angeles-based investment firm Capital Group, has purchased a 12.2% stake in MicroStrategy (MSTR), a business-intelligence company that has invested heavily inbitcoin.\n• According to afilingwith the U.S. Securities and Exchange Commission on June 30, Capital International bought 953,242 shares.\n• While the filing was made two weeks ago, Walter Burkley, a senior vice president and senior counsel at Capital Group, only signed off on Monday, according to the document.\n• CII is a private equity firm that is part of Capital Group, an asset manager with$7.6 billionin annual revenue and$2.3 trillionin assets under its management.\n• The purchase by CII provides the firm with indirect exposure to MicroStrategy’s more than105,000 bitcoinreserves.\n• According to data from the Nasdaq exchange, MicroStrategy’s share price is down 6.3% over a 24-hour period at a closing price of $588 and is down roughly 55% from its peak of $1,315 on Feb. 9.\n• US June Consumer Price Index Rose Faster Than Expected\n• Fed’s Bullard Says Time Is Right to Scale Back Stimulus; Bitcoin Unmoved\n• Bitcoin’s Range Play Likely to End With Bullish Breakout: Analyst\n• Market Wrap: Bitcoin Drops as Traders Await June CPI Inflation Report', "(Bloomberg) -- One weekend in late June, hundreds of gloomy Bitcoin miners crowded into a luxury hotel in Western China. They had a big problem: Just weeks earlier, the Chinese government banned cryptocurrency mining over concerns about illicit coal mining and underlying financial risks. Now they had to figure out how to move millions of computers out of the country.\nThe miners sat in rows of white chairs in a hall at the Gran Melia Chengdu Hotel and listened intently to the executives at Bitmain Technologies Ltd., the world’s largest mining-equipment maker. In between presentations about Texas energy fundamentals and crypto mining in Kazakhstan, the attendees nibbled cupcakes, drank cocktails and discussed the dismal outlook for their local industry.\nListen to this story\nBitmain’s employees were offering to serve as matchmakers, hooking miners up with data centers in the U.S., Central Asia and Europe. They also cautioned that an unchecked rush into new markets would jack up costs for all of them. One slide presented at the event read, “Hold Together for Warmth, Say No to Vicious Competition.”\nJust hours after the conference, the urgency of the situation came into full view. Alex, a Chinese miner who didn’t want his last name published for fear of government retribution, was out singing karaoke with some of his fellow miners when he called to check in on his machines in the mountains outside Chengdu. His colleague told him that local authorities had just shut off the power to his facility, leaving the mine silent and potentially worthless.\n“All my money is gone,” he said, cursing as he chugged a beer. “Every day I’m losing money by not running those machines.”\nThe Chinese miners forced to leave behind the country’s cheap electricity from abundant coal and roaring rivers have found themselves thrust into a wild and extreme world of crypto power-hunting. Just as miners sprinted toward gold fields in California and Alaska over a century ago, Bitcoin miners now are bolting toward any source of inexpensive, reliable power they can find. Their next destinations matter greatly to an industry emphasizing decentralization and independence, and to other energy-consuming sectors, with which they are competing for access to greener power.\nCheaper Power\nA Bitcoin mining rig doesn’t pull anything out of the ground, of course. Instead, it is usually made up of thousands of computers, specially built to run the complex calculations that maintain the cryptocurrency’s network. These computers are stacked on shelves in warehouses, often with huge water-cooling fans. In China, the warehouses are usually situated close to their power sources, such as standalone hydropower stations and thermal plants affiliated with coal mines. Electricity accounts for about 80% of a miner’s operating cost, according to Tyler Page, the chief executive officer of Cipher Mining Technologies Inc.\nThe miners who complete the calculations are rewarded with new Bitcoin, which has ranged in value from a peak of almost $65,000 before China outlawed mining to about $33,500 today. Around 65 percent of the world’s Bitcoin mining took place in China as of April last year, according to the latest data from the University of Cambridge.\nCheaper power is the reason China’s neighbor, Kazakhstan, has become a top destination for fleeing miners. The former Soviet nation has over 22 gigawatts of electric power capacity, mostly from coal and gas-fired stations. It also borders the region of Xinjiang, which once held nearly 36% of the world’s bitcoin mining. Bitcoin miners can get electricity for as low as about 3 cents per kilowatt-hour, according to Dmitriy Ivanov, sales director at Almaty-based Enegix LLC. The country is also cool enough that the data centers don’t require any air conditioning to keep them from overheating, which can add as much as 30% more power consumption.\nEnegix runs a server-hosting business in Kazakhstan, where it is building data centers at which miners can pay a fee to plug in their machines. At the end of last year, the company built its biggest site yet, a 180-megawatt data center on 37 acres of land near the northeastern town of Ekibastuz. The region is an industrial hub fueled by one of the largest coal-fired power stations in the world outside of China.\nIn June, Ivanov started to get messages daily from miners in Sichuan and Inner Mongolia who needed to relocate after Beijing’s crackdown.\n“We stand to benefit from it, but these people are facing devastating losses in terms of all the infrastructure that has to be deployed elsewhere,” he said.\nEnegix’s clients will soon be shipping about 10,000 mining machines, a mix of Bitmain’s S19Pro and the Whatsminer M21S model from Chinese manufacturer MicroBT, to Kazakhstan by plane. Transport by land from China would be cheaper, but trucks can get held up at the border for weeks. Spending that time mining Bitcoin instead can make up for the extra cost of airfare.\nDidar Bekbauov runs another Almaty-based Bitcoin mining hosting company, a smaller competitor to Enegix. He was similarly inundated with messages.\n“So many Chinese are reaching out to us and asking for help to relocate the equipment,” Bekbauov said by phone. “They ask every Kazakh they know to help them with electricity.”\nBut there is a limit to Kazakhstan’s potential: Its electric grid has added only a little over 3 gigawatts of capacity in the last 20 years, according to data from BloombergNEF. That’s leaving little room for the surge in mining machines to get connected. Bekbauov now has to turn customers away.\n“Every spare kilowatt is already booked,” he said.\nRenewable Sources\nFor some miners, the decision to move out of China is also an opportunity to clean up their power supply.\nIt’s difficult to say how dirty Bitcoin mining is overall, but it’s a reflection of the power supply to a mine’s location. Earlier this year, tens of thousands of mining machines consumed about 45 million kilowatt-hours of power per month in an area of western China that depends on coal-burning power plants, the official Xinhua News Agency reported. That’s about 15,000 tons of standard coal. Ov **Last 60 Days of Bitcoin's Closing Prices:** [49880.54, 46760.19, 46456.06, 43537.51, 42909.40, 37002.44, 40782.74, 37304.69, 37536.63, 34770.58, 38705.98, 38402.22, 39294.20, 38436.97, 35697.61, 34616.07, 35678.13, 37332.86, 36684.93, 37575.18, 39208.77, 36894.41, 35551.96, 35862.38, 33560.71, 33472.63, 37345.12, 36702.60, 37334.40, 35552.52, 39097.86, 40218.48, 40406.27, 38347.06, 38053.50, 35787.25, 35615.87, 35698.30, 31676.69, 32505.66, 33723.03, 34662.44, 31637.78, 32186.28, 34649.64, 34434.34, 35867.78, 35040.84, 33572.12, 33897.05, 34668.55, 35287.78, 33746.00, 34235.20, 33855.33, 32877.37, 33798.01, 33520.52, 34240.19, 33155.85] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2021-07-13 **Financial & Commodity Data:** - Gold Closing Price: $1809.40 - Crude Oil Closing Price: $75.25 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $610,053,643,100 - Hash Rate: 97102623.53515066 - Transaction Count: 229916.0 - Unique Addresses: 542415.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.20 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Lithia Motors, Inc. LAD recently announced the acquisition of Michael's Toyota dealership in Bellevue, WA. The transaction has been financed through the company’s existing on-balance sheet capacity. The new Toyota store is the largest volume dealer in the Washington state and has received numerous industry awards for the same. The latest acquisition has enhanced Lithia’s presence and offerings in the largest automotive retail market in the Pacific Northwest region by twofold. Moreover, the buyout is anticipated to add $235 million in combined annualized revenues. Lithia is highly optimistic about this buyout. The store would perfectly complement the company’s existing product portfolio. In fact, the buyout aligns with Lithia’s plan to fortify the reach and density of its network, in a bid to serve customers more conveniently. Lithia had earlier announced an ambitious five-year plan to yield $50 billion in revenues and $50 in earnings per share, including 200 plus acquisitions. The latest buyout brings Lithia’s total expected annualized revenue acquired during the first full year of the five-year plan to a whopping $7.8 billion, keeping the company well ahead its schedule of network expansion. The Oregon-based dealer’s expanding network density is essential to conveniently and affordably cater to customer needs throughout the vehicle-ownership lifecycle. Lithia is one of the leading automotive retailers of new and used vehicles, and related services in the United States. It offers tailored services complemented through its nationwide network. The buyout of the Toyota dealership is in sync with the auto retailer’s proven success strategy of acquiring strong, high-performing franchises. It will also enable the auto retailer to create loyal and satisfied customers in the greater Seattle area. Lithia’s diversified product mix and multiple streams of income reduce the risk profile of the firm. The company generates income from businesses, including used and new vehicle retail, finance, insurance, as well as automotive repair and maintenance. The diversified portfolio positions it well for top- and bottom-line growth. Of late, the company has been on a buyout spree as it seeks to profitably consolidate auto dealerships into its network. Last week, Lithia entered the Mississippi market with the purchase of a Toyota dealership in Jackson, while the auto retailer also sold an Audi store in California. Earlier this month, the company acquired the Southwest Kia Auto Group, with five dealership stores located in the major metropolitan markets of Austin and Dallas, TX. The auto retailer has also taken over two luxury dealerships in Van Nuys, CA, being BMW of Sherman Oaks and Acura of Sherman Oaks, both serving the greater Los Angeles area. Lithia, peers of which include Penske Automotive PAG, Group 1 Automotive GPI and AutoNation AN, currently carries a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here. Shares of the company have surged 117.4% in the past year compared with the industry’s rally of 109.3%. Story continues Zacks Investment Research Image Source: Zacks Investment Research Bitcoin, Like the Internet Itself, Could Change Everything Blockchain and cryptocurrency has sparked one of the most exciting discussion topics of a generation. Some call it the “Internet of Money” and predict it could change the way money works forever. If true, it could do to banks what Netflix did to Blockbuster and Amazon did to Sears. Experts agree we’re still in the early stages of this technology, and as it grows, it will create several investing opportunities. Zacks’ has just revealed 3 companies that can help investors capitalize on the explosive profit potential of Bitcoin and the other cryptocurrencies with significantly less volatility than buying them directly. See 3 crypto-related stocks now >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Penske Automotive Group, Inc. (PAG) : Free Stock Analysis Report AutoNation, Inc. (AN) : Free Stock Analysis Report Group 1 Automotive, Inc. (GPI) : Free Stock Analysis Report Lithia Motors, Inc. (LAD) : Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research... - Reddit Posts (Sample): [['u/matteh0087', '77% of El Salvador residence do not approve of the new Bitcoin legal tender', 179, '2021-07-13 00:05', 'https://www.reddit.com/r/Bitcoin/comments/oj1n1b/77_of_el_salvador_residence_do_not_approve_of_the/', "Can anyone who lives in El Salvador explain why?\n\n I live in Canada and I see nothing but upside for the economy of your country but obviously I know nothing about how it is to live there so I'd like to get an honest unbiased reason why most of the people are unhappy with this decision.\n\nI'm truly curious and would like to inform myself.\n\n I feel like this is something that is important to the future of crypto, which is the adoption of it being used world wide and not just north america or Europe.\n\nEdit.. bunch of people asking where I got this. Here you go \n\nhttps://decrypt.co/75613/77-el-salvador-residents-believe-bukele-bitcoin-law-not-wise-move?amp=1", 'https://www.reddit.com/r/Bitcoin/comments/oj1n1b/77_of_el_salvador_residence_do_not_approve_of_the/', 'oj1n1b', [['u/CMDR_Nightshady', 24, '2021-07-13 00:09', 'https://www.reddit.com/r/Bitcoin/comments/oj1n1b/77_of_el_salvador_residence_do_not_approve_of_the/h4yy9qo/', 'Not from there but I did see a study that showed a huge percentage of population thought Bitcoin was an actual hard currency like the dollar or euro, so would suspect a lot of disapproval comes from simple lack of understanding. Will be interesting to see if anyone from there responds here. Good luck.', 'oj1n1b'], ['u/Crimson097', 223, '2021-07-13 00:18', 'https://www.reddit.com/r/Bitcoin/comments/oj1n1b/77_of_el_salvador_residence_do_not_approve_of_the/h4yzf5j/', "People don't like how volatile it is, and the fact they're gonna have to accept it. Bukele promised the gov wallet would let you instantly convert BTC to dollars if you didn't want the risk, but a lot of people aren't well informed. \n\nThere's also the fact the main newspapers in the country oppose Bukele and have been doing everything in their power to make it seem like adopting BTC is a financial suicide.", 'oj1n1b'], ['u/hateschoolfml', 12, '2021-07-13 00:21', 'https://www.reddit.com/r/Bitcoin/comments/oj1n1b/77_of_el_salvador_residence_do_not_approve_of_the/h4yzslm/', 'Wonder what this 77% is composed of considering 70% of population is unbanked. \n\nNevertheless, that is the power of bitcoin, they’ll be using it but won’t even know.', 'oj1n1b'], ['u/matteh0087', 15, '2021-07-13 00:24', 'https://www.reddit.com/r/Bitcoin/comments/oj1n1b/77_of_el_salvador_residence_do_not_approve_of_the/h4z03im/', "I think the lack of information is part of the problem. But if they can instantly transfer it back to dollars I don't see a downside", 'oj1n1b'], ['u/turick', 11, '2021-07-13 00:28', 'https://www.reddit.com/r/Bitcoin/comments/oj1n1b/77_of_el_salvador_residence_do_not_approve_of_the/h4z0mqd/', "There is a zero percent chance that these poor, unbanked people have the first remote clue what bitcoin is or how it works. It probably seems like another way to be disendranchised. I've spent thousands of hours researching every detail of Bitcoin and I'm just now really nailing down some of the basics and still have a long way to go to understand lightning. These poor people don't really have any idea and won't until they realize the true financial control and power they have. One day the price is gonna rise again and suddenly people's money will 2x, 3x,10x etc... Don't worry about it too much now. Once these people see it in action, I think it will change their lives and they'll start to get it.", 'oj1n1b'], ['u/Jq4000', 31, '2021-07-13 00:38', 'https://www.reddit.com/r/Bitcoin/comments/oj1n1b/77_of_el_salvador_residence_do_not_approve_of_the/h4z1tou/', "I'm guessing a large part of the population knows nothing about BTC and fears the unknown. Also guessing a large part of the population isn't very tech-savvy.\n\n​\n\nFucking with people's money causes high anxiety. I'm stoked to invest in BTC because I decided to after studying it. I'd probably feel differently if it was mandated.", 'oj1n1b'], ['u/whisper_of_smoke', 77, '2021-07-13 00:39', 'https://www.reddit.com/r/Bitcoin/comments/oj1n1b/77_of_el_salvador_residence_do_not_approve_of_the/h4z1zwr/', 'when Bitcoin makes its run and their free $30 dollars from the government becomes $150 dollars, they will approve.', 'oj1n1b'], ['u/Notgaychris', 17, '2021-07-13 00:45', 'https://www.reddit.com/r/Bitcoin/comments/oj1n1b/77_of_el_salvador_residence_do_not_approve_of_the/h4z2qd0/', 'When it comes to smart phones, everyone wanted **more** buttons. Some guy named Steve Jobs said, \n> "Naww bro, we\'re taking all your buttons away and you will be happy". \n\nBy doing this, Apple strangled Blackberry. Sometimes you have to show people what they need, not what they want. \n\nFalse equivalent situations? Not entirely.', 'oj1n1b'], ['u/graytleapforward', 11, '2021-07-13 00:56', 'https://www.reddit.com/r/Bitcoin/comments/oj1n1b/77_of_el_salvador_residence_do_not_approve_of_the/h4z3yz8/', 'The app they are using allows the buyer to pay in BTC if they wish and the seller to convert it immediately into dollars if they wish, so there is minimal issues with that kind of arbitrage. I would guess there is also a function to split the payment, allowing the vendor to become a holder, thus participating in the long term growth of BTC.', 'oj1n1b'], ['u/mwdeuce', 49, '2021-07-13 01:01', 'https://www.reddit.com/r/Bitcoin/comments/oj1n1b/77_of_el_salvador_residence_do_not_approve_of_the/h4z4mfs/', "So if he's such a horrible dictator, how are the largest newspapers in El Salvador opposing him? Are they owned by foreign entities or something?", 'oj1n1b'], ['u/JediElectrician', 60, '2021-07-13 01:03', 'https://www.reddit.com/r/Bitcoin/comments/oj1n1b/77_of_el_salvador_residence_do_not_approve_of_the/h4z4uiz/', 'Media that doesn’t support a president who will change how business transpires??? No media would ever act like that. The media is always right, has no agenda and only reports facts.', 'oj1n1b'], ['u/ramonvls926', 128, '2021-07-13 03:04', 'https://www.reddit.com/r/Bitcoin/comments/oj1n1b/77_of_el_salvador_residence_do_not_approve_of_the/h4zil1p/', 'Cause he is not a dictator, he is trying to get rid of a lot of corruption that is just part of the system thats why he acts like that. I live in Central America if a president really had the balls to start taking corruption out from the root it would look just like this.\n\nThese small countries are just riddled with corruption to the core, im not saying im\nPro Bukele im not from El Salvador (and dont know everything hes done) but I can tell you out of all the imbecils running these countries he is actually doing harsh things to get rid of corruption and atleast he gets a point for that.', 'oj1n1b'], ['u/Crimson097', 87, '2021-07-13 03:12', 'https://www.reddit.com/r/Bitcoin/comments/oj1n1b/77_of_el_salvador_residence_do_not_approve_of_the/h4zjjew/', 'He isn\'t a dictator. He does have dictatorial tendencies, like the time he stormed into congress with soldiers as an intimidation technique, but he hasn\'t censored the media or violated personal freedom. He has the power to pass any law, but that\'s because he was given an overwhelming majority in the senate by popular election.\n\nThe ironic thing is that the previous, more "democratic" governments, controlled the media more than Bukele. Newspapers didn\'t pay taxes because they were considered educational material, and in exchange they wouldn\'t be too harsh on the government. When Bukele gained majority, he basically said "fuck that shit", and forced them to pay taxes again. That\'s part of the reason why they\'re so mad with him.\n\nI don\'t want to give you the idea that he\'s a saint, but in the sea of vipers that\'s the Salvadoran political system, he\'s far from the worst.', 'oj1n1b'], ['u/Monster-Dock', 22, '2021-07-13 03:21', 'https://www.reddit.com/r/Bitcoin/comments/oj1n1b/77_of_el_salvador_residence_do_not_approve_of_the/h4zkj8d/', 'Time moves mountains.', 'oj1n1b'], ['u/Anothersleeper', 32, '2021-07-13 04:25', 'https://www.reddit.com/r/Bitcoin/comments/oj1n1b/77_of_el_salvador_residence_do_not_approve_of_the/h4zru5o/', 'We really are doomed as a species.', 'oj1n1b'], ['u/boof_it_all', 14, '2021-07-13 04:41', 'https://www.reddit.com/r/Bitcoin/comments/oj1n1b/77_of_el_salvador_residence_do_not_approve_of_the/h4ztja1/', 'Lol, sound anything like us media and trump?', 'oj1n1b'], ['u/shimshimmash', 27, '2021-07-13 04:42', 'https://www.reddit.com/r/Bitcoin/comments/oj1n1b/77_of_el_salvador_residence_do_not_approve_of_the/h4ztnjn/', 'An actual hard currency like the dollar or euro. There is a small error in this sentence.', 'oj1n1b'], ['u/Marcion_Sinope', 11, '2021-07-13 04:58', 'https://www.reddit.com/r/Bitcoin/comments/oj1n1b/77_of_el_salvador_residence_do_not_approve_of_the/h4zvcbi/', 'Which bank did the poll?', 'oj1n1b'], ['u/Negative_Patient_689', 10, '2021-07-13 06:46', 'https://www.reddit.com/r/Bitcoin/comments/oj1n1b/77_of_el_salvador_residence_do_not_approve_of_the/h505qp6/', 'Wait til BTC goes on a run. I bet that disapproval percentage changes.', 'oj1n1b'], ['u/CryptoLoser-XXL', 14, '2021-07-13 08:51', 'https://www.reddit.com/r/Bitcoin/comments/oj1n1b/77_of_el_salvador_residence_do_not_approve_of_the/h50fg2m/', "It's new, it's frightening, and the market is poor. I think 77% not approving is a low number. Probably 98% of the country didn't know anything about BTC/Crypto, before there president was pushing it. \n\nIf I was living in El Salvador and my president was coming with something that is totally new to me, and it has influence on what I can spend, I would be negative/worried too.", 'oj1n1b']]], ['u/1Loveshack', '🆘 Monday 12th', 90, '2021-07-13 01:33', 'https://www.reddit.com/r/SOSStock/comments/oj3asj/monday_12th/', 'Monday, July 12th\n\nSOS share price fell 4.78% or $0.14 per share from the previous close. Short interest decreased by 4.26% today ... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
32822.35, 31780.73, 31421.54, 31533.07, 31796.81, 30817.83, 29807.35, 32110.69, 32313.11, 33581.55
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['Bitcoin , BTC to USD, fell by 1.05% on Tuesday. Following a 3.42% slide on Monday, Bitcoin ended the day at $32,730.0. After a mixed start to the day, Bitcoin rose to a late morning intraday high $33,337.0 before hitting reverse. Falling short of the first major resistance level at $34,289, Bitcoin slid to a late intraday low $32,190.0. Bitcoin fell through the first major support level at $32,234 before a partial recovery to $32,700 levels. The near-term bullish trend remained intact, in spite of the latest return to $32,000 levels. For the bears, Bitcoin would need a sustained fall through the 62% FIB of $27,237 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was a mixed day on Tuesday. Crypto.com Coin bucked the trend, rising by 1.85%. It was a bearish day for the rest of the majors, however. Ethereum led the way down once more, sliding by 4.43%. Binance Coin (-2.29%), Cardano’s ADA (-3.66%), Chainlink (-3.65%), and Polkadot (-3.37%) also struggled. Bitcoin Cash SV (-0.80%), Litecoin (-1.45%), and Ripple’s XRP (-1.76%) saw relatively modest losses, however Early in the week, the crypto total market rose to a Monday high $1,408bn before falling to a Tuesday low $1,294bn. At the time of writing, the total market cap stood at $1,319bn. Bitcoin’s dominance fell to a Tuesday low 45.73% before rising to a Tuesday high 46.65%. At the time of writing, Bitcoin’s dominance stood at 46.43%. This Morning At the time of writing, Bitcoin was down by 0.23% to $32,655.0. A mixed start to the day saw Bitcoin rise to an early morning high $32,813.0 before falling to a low $32,655.0. Bitcoin left the major support and resistance levels untested early on. Elsewhere, it was a mixed start to the day. Crypto.com Coin and Ripple’s XRP found early support, rising by 0.32% and by 0.20% respectively. It’s been a bearish start for the rest of the majors, however. At the time of writing, Polkadot was down by 0.50% to lead the way down. Story continues For the Bitcoin Day Ahead Bitcoin would need to move back through the $32,752 pivot to bring the first major resistance level at $33,315 into play. Support from the broader market would be needed for Bitcoin to break back through to $33,000 levels. Barring a broad-based crypto rally, the first major resistance level and Tuesday’s high $33,337.0 would likely cap any upside. In the event of an extended crypto rally, Bitcoin could test resistance at $34,000 levels before any pullback. The second major resistance level sits at $33,899. Failure to move back through the $32,752 pivot would bring the first major support level at $32,168 into play. Barring another extended sell-off on the day, Bitcoin should steer clear of sub-$30,000 levels. The second major support level at $31,605 should limit the downside. This article was originally posted on FX Empire More From FXEMPIRE: E-mini Dow Jones Industrial Average (YM) Futures Technical Analysis – Reversal Top Could Fuel Momentum Shift Gold Price Prediction – Prices Edge High Despite Dollar Gains AUD/USD Forex Technical Analysis – Could Straddle .7457 Ahead of Thursday’s Employment Data USD/CAD Daily Forecast – Test Of Resistance At 1.2540 AUD/USD and NZD/USD Fundamental Daily Forecast – RBNZ Holds OCR Steady; Announces Quick End to LSAP Program NZD/USD Forex Technical Analysis – Trader Reaction to .6964 Pivot Sets the Tone; Could Surge Through .7010', 'Bitcoin , BTC to USD, fell by 1.05% on Tuesday. Following a 3.42% slide on Monday, Bitcoin ended the day at $32,730.0. After a mixed start to the day, Bitcoin rose to a late morning intraday high $33,337.0 before hitting reverse. Falling short of the first major resistance level at $34,289, Bitcoin slid to a late intraday low $32,190.0. Bitcoin fell through the first major support level at $32,234 before a partial recovery to $32,700 levels. The near-term bullish trend remained intact, in spite of the latest return to $32,000 levels. For the bears, Bitcoin would need a sustained fall through the 62% FIB of $27,237 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was a mixed day on Tuesday. Crypto.com Coin bucked the trend, rising by 1.85%. It was a bearish day for the rest of the majors, however. Ethereum led the way down once more, sliding by 4.43%. Binance Coin (-2.29%), Cardano’s ADA (-3.66%), Chainlink (-3.65%), and Polkadot (-3.37%) also struggled. Bitcoin Cash SV (-0.80%), Litecoin (-1.45%), and Ripple’s XRP (-1.76%) saw relatively modest losses, however Early in the week, the crypto total market rose to a Monday high $1,408bn before falling to a Tuesday low $1,294bn. At the time of writing, the total market cap stood at $1,319bn. Bitcoin’s dominance fell to a Tuesday low 45.73% before rising to a Tuesday high 46.65%. At the time of writing, Bitcoin’s dominance stood at 46.43%. This Morning At the time of writing, Bitcoin was down by 0.23% to $32,655.0. A mixed start to the day saw Bitcoin rise to an early morning high $32,813.0 before falling to a low $32,655.0. Bitcoin left the major support and resistance levels untested early on. Elsewhere, it was a mixed start to the day. Crypto.com Coin and Ripple’s XRP found early support, rising by 0.32% and by 0.20% respectively. It’s been a bearish start for the rest of the majors, however. At the time of writing, Polkadot was down by 0.50% to lead the way down. Story continues For the Bitcoin Day Ahead Bitcoin would need to move back through the $32,752 pivot to bring the first major resistance level at $33,315 into play. Support from the broader market would be needed for Bitcoin to break back through to $33,000 levels. Barring a broad-based crypto rally, the first major resistance level and Tuesday’s high $33,337.0 would likely cap any upside. In the event of an extended crypto rally, Bitcoin could test resistance at $34,000 levels before any pullback. The second major resistance level sits at $33,899. Failure to move back through the $32,752 pivot would bring the first major support level at $32,168 into play. Barring another extended sell-off on the day, Bitcoin should steer clear of sub-$30,000 levels. The second major support level at $31,605 should limit the downside. This article was originally posted on FX Empire More From FXEMPIRE: E-mini Dow Jones Industrial Average (YM) Futures Technical Analysis – Reversal Top Could Fuel Momentum Shift Gold Price Prediction – Prices Edge High Despite Dollar Gains AUD/USD Forex Technical Analysis – Could Straddle .7457 Ahead of Thursday’s Employment Data USD/CAD Daily Forecast – Test Of Resistance At 1.2540 AUD/USD and NZD/USD Fundamental Daily Forecast – RBNZ Holds OCR Steady; Announces Quick End to LSAP Program NZD/USD Forex Technical Analysis – Trader Reaction to .6964 Pivot Sets the Tone; Could Surge Through .7010', 'Bitcoin backers praise the leading cryptocurrency as an inflation-proof "store of value." They contend that because the number of coins that can ever be issued is fixed, Bitcoin isn\'t subject to the kind of manipulation practiced by the Federal Reserve. The Fed\'s easy money policies, the argument goes, threaten to cause heavy inflation in the years to come because the central bank keeps swelling the money supply to spur economic growth. That practice is bound to create new dollars faster than the U.S. produces new products, hiking prices faster than salaries, and denting the purchasing power of America\'s households.\nThat can\'t happen with Bitcoin, say its adherents. Their idol can\'t be debased. Park your savings in Bitcoin or collect your paycheck in coins instead of dollars, and you\'ll safeguard your purchasing power. Over time, as dollar prices rise, the value of your Bitcoin holdings will rise at least in tandem to keep you whole. It\'s one of the few places were you can both protect your standard of living, and still make a killing.\nToday, we\'re witnessing a shocking, unexpected surge in inflation that may or may not be long-lasting. That\'s a major test for Bitcoin\'s alleged virtues. So how\'s it performing as a hedge against prices for groceries, appliances, used cars, gasoline, and sundry other consumer and producer items that at least for now, are far outpacing incomes?\nWe\'ll examine Bitcoin\'s record versus two inflation measures, the Consumer Price Index, and the Treasury\'s 10-Year Breakeven Inflation Rate. The CPI is a current yardstick that shows the change each month over the previous year. The breakeven numbers are forward-looking. They project the average yearly rate of price increases over the next decade.\nWe\'ll start with Bitcoin versus the CPI. From January to October of 2019, the CPI was rising most months at an annual clip between 1.6% and 1.8%. But from late that year through February of 2020, the economy strengthened, and shortly before the pandemic struck, consumer prices were waxing at 2.3%. Not even close to a scare, but still a significant uptick.\nOver those fourteen months, Bitcoin staged a big rally, vaulting from $3700 to $10,200. In hindsight, it like more a speculative bull run than a reaction to modestly rising prices. Still, inflation and Bitcoin moved in the same direction, though not nearly in the same proportions.\nFrom mid-February to the end of August of last year, the CPI readings plunged below 0.5% in the depths of the COVID-19 crisis, before rebounding to 1.4% in September. Investors stuck with Bitcoin even though its protection might have seemed less important as inflation eased well below early 2020 levels. It began and ended that span at nearly the same level of around $11,000.\nFrom September of 2020 through February of this year, inflation as measured by the CPI remained extremely mild, toggling between 1.4% and 1.7%. But Bitcoin more than quadrupled from $10,000 to $47,000. Bitcoin wasn\'t dancing to the CPI\'s tune. The big inflation surge started in March at 2.6%. In April the CPI waxed 4.2%, followed by ascending increases of 5.0% in May **Last 60 Days of Bitcoin's Closing Prices:** [46760.19, 46456.06, 43537.51, 42909.40, 37002.44, 40782.74, 37304.69, 37536.63, 34770.58, 38705.98, 38402.22, 39294.20, 38436.97, 35697.61, 34616.07, 35678.13, 37332.86, 36684.93, 37575.18, 39208.77, 36894.41, 35551.96, 35862.38, 33560.71, 33472.63, 37345.12, 36702.60, 37334.40, 35552.52, 39097.86, 40218.48, 40406.27, 38347.06, 38053.50, 35787.25, 35615.87, 35698.30, 31676.69, 32505.66, 33723.03, 34662.44, 31637.78, 32186.28, 34649.64, 34434.34, 35867.78, 35040.84, 33572.12, 33897.05, 34668.55, 35287.78, 33746.00, 34235.20, 33855.33, 32877.37, 33798.01, 33520.52, 34240.19, 33155.85, 32702.03] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2021-07-14 **Financial & Commodity Data:** - Gold Closing Price: $1824.30 - Crude Oil Closing Price: $73.13 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $609,647,055,500 - Hash Rate: 121378279.41893832 - Transaction Count: 236217.0 - Unique Addresses: 564753.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.21 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: LONDON, June 21, 2021 (GLOBE NEWSWIRE) -- Whilst Bitcoin (BTC) has been in the limelight often and more in recent times, it is not the only cryptocurrency with big plans to change the world. A start-up project called Seedify has been making waves around the crypto world in recent times. Seedify , a project started by Levent Cem Aydan, an American educated Turkish entrepreneur, has developed an incubation fund to launch the next generation of Bitcoins. With a huge army of backers, the Seedify HODLers, numbering nearly 20,000, it has been boosted to worldwide prominence in the crypto community. What makes Seedify unique? Mr Aydan founded Seedify out of frustration at the attitudes of the traditional Private Equity industry towards fledgling cryptocurrency start-ups in his native Turkey during the 2018 crypto boom. Demanding up to half the equity in start-up projects they left no room for entrepreneurs to innovate or get motivated to develop their businesses. Leveraging that frustration to good effect, he founded Seedify in January 2021, to allow owners of Seedify’s own crypto token, SFUND, to vote on which projects were funded. In exactly the sort of direct, mass ownership that crypto promises Seedify allows token owners to vote, in proportion to their holdings, on project proposals as well as key decisions facing Seedify. In fact, taking it a step further, he opened up ownership beyond the wealthy to anyone able to put their hand up and register for free tokens earlier this year. This meant that over 25,000 people were able to own SFUND and can decide on its investments later this year – a far cry from the slack handful of executives and wealthy investors usually found in traditional providers. What is Seedify? Seedify offers budding crypto entrepreneurs the chance to line up online in from of Seedify’s token owners and pitch their business proposal. If they gain 80% or more of the votes then they will receive a 75,000 USD seed fund from Seedify together with a package of support. Whilst the cash is designed to allow project owners to develop their business, it is the support offered that adds equal value. In Seedify’s view, it allows the business to focus on its core utility rather than worrying about their choice of auditors or whether their developers are trustworthy. Using their extensive network of partners and advisors they will ensure the business has a fighting chance to survive till it is time to go to market. The final piece of the puzzle is the launchpad – a means for crypto start-ups to fly the nest by offering their own crypto tokens, at a discount, to Seedify’s own SFUND investors in return for capital – a process known as an Initial Decentralised Exchange Offering (IDO). The secret sauce of Seedify is giving 3% of their token supply to Seedify and their 25,000+ token holders on clearing the launchpad. This not only pays back their support it also provides the token holders with a return on the investment. Story continues In a final example of community governance, Seedify will also be allowing token holders to contribute their own expertise to the incubation process later in 2021. Rather than just relying on the limited expertise in the fast-moving crypto market they will leverage the talents of their own investors where appropriate. Is the vision of a more open and democratic investment vehicle, dreamt by Mr Aydan in 2018, coming to fruition? It is early days but the signs are looking good. A recent listing on a top tier crypto currency exchange together with some eminent advisors joining recently demonstrate that this dream is now close to reality. Seedify HODLers – the secret army powering SFUND A growing community of Seedify investors, known as the Seedify HODLers, has propelled the project with considerable velocity across the crypto-verse and on into the world beyond. This group has leveraged the power of social media, together with their dedication to the Seedify vision, to energise the wider community on their vision of a grass roots driven seed stage fund. They educate and inform on major platforms such as Twitter, Telegram, and Instagram to ensure that SFUND ownership becomes widespread. Recently gaining top ranking on major crypto sites such as CoinGecko they are a force to be reckoned with. Social links: Telegram: https://t.me/SFUNDHODLerBot Twitter: https://twitter.com/SeedifyHODLers Company: Seedify HODLers Contact Name: Richard Williams Website: https://seedifyhodlers.com E-mail: [email protected] View comments... - Reddit Posts (Sample): [['u/[deleted]', 'BTC-XMR atomic swap marketplace is here!', 379, '2021-07-14 00:15', 'https://www.reddit.com/r/Monero/comments/ojqd3u/btcxmr_atomic_swap_marketplace_is_here/', 'The very first market-like website to link up with BTC-XMR atomic swap parties has been given birth. You can coordinate w/ other individuals to perform swaps back and forth using COMIT network ASB backend, settle on exchange rate and proceed. Visit https://unstoppableswap.net/ for more information.\n\nFor disclosure, neither COMIT nor I are related to the owner of the site. We are very early and all contributions are to be supported and treated with caution. Report back if you give it a whirl. Also, join #comit-monero:matrix.org for any questions you may have.', 'https://www.reddit.com/r/Monero/comments/ojqd3u/btcxmr_atomic_swap_marketplace_is_here/', 'ojqd3u', [['u/rottenwheel', 11, '2021-07-14 00:29', 'https://www.reddit.com/r/Monero/comments/ojqd3u/btcxmr_atomic_swap_marketplace_is_here/h538eti/', 'What makes you say that?', 'ojqd3u'], ['u/KnowledgeMurky9635', 19, '2021-07-14 00:34', 'https://www.reddit.com/r/Monero/comments/ojqd3u/btcxmr_atomic_swap_marketplace_is_here/h538zq9/', "lol its 'Testnet' accounts only aka worthless coins for testing, relax :) (maybe make it more clear as people might get confused)", 'ojqd3u'], ['u/q1h1', 137, '2021-07-14 00:38', 'https://www.reddit.com/r/Monero/comments/ojqd3u/btcxmr_atomic_swap_marketplace_is_here/h539gt3/', 'Finally!! Fuck you Binance', 'ojqd3u'], ['u/xrv007', 55, '2021-07-14 01:52', 'https://www.reddit.com/r/Monero/comments/ojqd3u/btcxmr_atomic_swap_marketplace_is_here/h53i02y/', 'This will be huge. Very exciting to see the ecosystem growing. This is the first thing to have a proper interface to my knowledge.', 'ojqd3u'], ['u/w1ck3dAF', 56, '2021-07-14 01:58', 'https://www.reddit.com/r/Monero/comments/ojqd3u/btcxmr_atomic_swap_marketplace_is_here/h53inq2/', "[https://cantstoptheswap.net](https://cantstoptheswap.net) would've been so much better.", 'ojqd3u'], ['u/Slade_Duelyst', 14, '2021-07-14 02:01', 'https://www.reddit.com/r/Monero/comments/ojqd3u/btcxmr_atomic_swap_marketplace_is_here/h53izdw/', 'You afraid to get scammed out of your test net coins?', 'ojqd3u'], ['u/lammbo_2', 13, '2021-07-14 02:22', 'https://www.reddit.com/r/Monero/comments/ojqd3u/btcxmr_atomic_swap_marketplace_is_here/h53lgqe/', "Excellent! Can't wait to see this live 😎🙌", 'ojqd3u'], ['u/MnM_ADA_Charity_Pool', 35, '2021-07-14 02:54', 'https://www.reddit.com/r/Monero/comments/ojqd3u/btcxmr_atomic_swap_marketplace_is_here/h53p2vq/', 'Atomic swaps are a game changer.', 'ojqd3u'], ['u/nokoolaidisaidthnx', 74, '2021-07-14 02:56', 'https://www.reddit.com/r/Monero/comments/ojqd3u/btcxmr_atomic_swap_marketplace_is_here/h53pa96/', 'Holy shit, this is huge\n\nF*** you every exchange ever\n\n Here\'s my ID 🖕 for your KYC regs\n\n\n"Inspired by the original idea of cryptocurrency, we believe that privacy is a human right. No registration or provision of personal data on UnstoppableSwap. We will never ask you for any personal data".\n\nIs this all real?\n\nEdit: (takes a step back, a deep breath, n a look around)..\n.u/rottenwheel..\nthank you for your contribution....\nHow long will it be on test net and when will it go to main net plz?. Thanks', 'ojqd3u'], ['u/stefano_alfredo', 11, '2021-07-14 03:11', 'https://www.reddit.com/r/Monero/comments/ojqd3u/btcxmr_atomic_swap_marketplace_is_here/h53r3it/', 'holy shit. this is so fucking helpful. this GOAT right here', 'ojqd3u'], ['u/rottenwheel', 28, '2021-07-14 03:35', 'https://www.reddit.com/r/Monero/comments/ojqd3u/btcxmr_atomic_swap_marketplace_is_here/h53tula/', "'Technically, mainnet is already supported but there are just not any mainnet ASBs yet. We will probably begin to run a mainnet swap provider ourselves within the next few days.'\n\n'If there is already someone willing to offer mainnet BTC -> XMR, I encourage them to list their ASB on our site.'", 'ojqd3u'], ['u/alex54321538', 26, '2021-07-14 03:38', 'https://www.reddit.com/r/Monero/comments/ojqd3u/btcxmr_atomic_swap_marketplace_is_here/h53u5y0/', 'Now, this is a paradigm shift... get ready', 'ojqd3u'], ['u/DatBoiETC', 64, '2021-07-14 03:49', 'https://www.reddit.com/r/Monero/comments/ojqd3u/btcxmr_atomic_swap_marketplace_is_here/h53vcgn/', 'Also I would like to add, fuck you binance!', 'ojqd3u'], ['u/YAAAAAASsica', 13, '2021-07-14 03:50', 'https://www.reddit.com/r/Monero/comments/ojqd3u/btcxmr_atomic_swap_marketplace_is_here/h53vjc4/', 'What if the atomic swaps aren’t a boon for XMR but just used as a giant BTC tumbler? I suspect they will to some degree and maybe BTC wallets will have an “anonymize” functionality that will allow users to run their BTC through XMR and back to a brand new BTC wallet in one click (or maybe automatically). I think it’s a huge win to crypto overall and internet privacy but it might turn XMR’s place into simply a back-end tool rather than a currency used directly in commerce. I don’t think this would drive demand for holding XMR itself. If a lot of BTC->XMR transactions are immediately followed by an XMR->BTC transaction that won’t create a net demand.', 'ojqd3u'], ['u/psiconautasmart', 10, '2021-07-14 04:07', 'https://www.reddit.com/r/Monero/comments/ojqd3u/btcxmr_atomic_swap_marketplace_is_here/h53xe1r/', "Nah, the high fees in BTC won't let it scale for commerce. Custodial LN solutions will be inferior. XMR is way more user-friendly and will be used in commerce more.", 'ojqd3u'], ['u/_risho_', 18, '2021-07-14 04:12', 'https://www.reddit.com/r/Monero/comments/ojqd3u/btcxmr_atomic_swap_marketplace_is_here/h53xzgu/', 'atomic swap basically means it is trustless. there is never a point where someone has all the money and can run off with it like was in the case with shapeshift/changelly/etc. Either both sides of the trade executes or neither do.', 'ojqd3u'], ['u/Sixsignatory', 40, '2021-07-14 04:27', 'https://www.reddit.com/r/Monero/comments/ojqd3u/btcxmr_atomic_swap_marketplace_is_here/h53zl3e/', 'Its a process for 2 parties to trade btc to xmr without an intermediary, such as an exchange. Without trust and decentralized. It is a difficult and new technical achievement because the btc and xmr blockchain codebases are not clones of each other (it had to be custom coded from scratch) and because xmr does not have multi-signature capabilities. Its development has been funded largely my the xmr community. The fear has been that exchanges may limit or even drop xmr support for many gathering regulatory reasons. Some believe privacy-minded btc holders may be waiting for the opportunity to transfer to xmr using this decentralized and unregulated process. Others believe some btc holders could wash their tainted btc by crossing the xmr stream - trading thru the monero blockchain using the atomic swap. Regardless, this may prove to be an unstoppable alternative inroad to xmr.', 'ojqd3u'], ['u/jamie2234', 11, '2021-07-14 05:36', 'https://www.reddit.com/r/Monero/comments/ojqd3u/btcxmr_atomic_swap_marketplace_is_here/h546t65/', 'hopefully many more like this begin popping up! it would be nice if we had a wiki of all of them', 'ojqd3u'], ['u/OD_GOD', 18, '2021-07-14 05:46', 'https://www.reddit.com/r/Monero/comments/ojqd3u/btcxmr_atomic_swap_marketplace_is_here/h547rdd/', "0.006 exchange fee with a maximum of exchanging 0.001 btc? Am I reading this wrong? Little bit ridiculous if that's the case.", 'ojqd3u'], ['u/Wynslo', 18, '2021-07-14 07:40', 'https://www.reddit.com/r/Monero/comments/ojqd3u/btcxmr_atomic_swap_marketplace_is_here/h54hpi2/', 'Your link worked :)', 'ojqd3u'], ['u/kenshinero', 10, '2021-07-14 08:15', 'https://www.reddit.com/r/Monero/comments/ojqd3u/btcxmr_atomic_swap_marketplace_is_here/h54kdfh/', '> What if the atomic swaps aren’t a boon for XMR but just used as a giant BTC tumbler?\n\n> I suspect they will to some degree and maybe BTC wallets will have an “anonymize” functionality that will allow users to run their BTC through XMR and back to a brand new BTC wallet in one click\n\nImagine you use atomic swap to exchange your dirty BTC for some fungible XMR, then you want to swap your XMR for some clean BTC. Well you have no control over the cleanliness of you newly acquired BTC. In fact, you will most probably get some dirty BTC in return, possibly the same one you wanted to get rid of at the beginning.\n\nSo IMO atomic swap cannot be used to exchange dirty BTC for clean BTC. Which mean dirty BTC will be used to buy fungible XMR only, then cashing out XMR later.\n\nBut then, people seeking to simply make their transactions anonymous will face the same issues, they will get handed dirty BTC in return.\n\nSo IMO atomic swap cannot be used to render your BTC anonymous.\n\nIn fact, I wonder who will be giving XMR against BTC through atomic swap.\n\n+ Only people who have a reliable way to cash out dirty BTC can afford that, and there will be a premium for that.\n\nLastest development with south American countries starting to accept BTC as legal tender might make this easier to cash out dirty BTC there.\n\nInteresting times ahead.', 'ojqd3u'], ['u/xmronadaily', 15, '2021-07-14 10:14', 'https://www.reddit.com/r/Monero/comments/ojqd3u/btcxmr_atomic_swap_marketplace_is_here/h54shuv/', "It's performing an exchange between BTC - XMR on a network level. No intermediaries involved. You cannot lose your funds in an exchange, it either executes and both parties receive it, so you receive your XMR and other party receives BTC or it doesn't (if something fails for some reason). \n\n​\n\nSince this is all code and on network level, there is no possible way to impose KYC regulations since there is no possible authority in charge of the process. That's the beauty of it. Enjoy freedom and privacy, as a basic human right, as it should be.", 'ojqd3u'], ['u/XTingleInTheDingleX', 30, '2021-07-14 11:46', 'https://www.reddit.com/r/Monero/comments/ojqd3u/btcxmr_atomic_swap_market... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
31780.73, 31421.54, 31533.07, 31796.81, 30817.83, 29807.35, 32110.69, 32313.11, 33581.55, 34292.45
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['The White House is creating a new group to investigate and tackle ransomware, including cryptocurrency payments, Politico reported Wednesday. The task force will try to find ways of “halting ransom payments made through cryptocurrency platforms,” the report said . It will also try to help potential ransomware victims bolster their internal defenses and launch attacks against ransomware operators. The Financial Crimes Enforcement Network (FinCEN) will host a conference, and other branches of the government will provide different resources for potential ransomware victims, according to the report, which cited Anne Neuberger, the White House’s deputy national security adviser for cybersecurity and emerging technologies. Related: US State Department Offers to Pay for Cybercrime Tips With Crypto A spokesperson for FinCEN didn’t respond to CoinDesk’s request for comment by the time of publication. A spokesperson for Neuberger couldn’t immediately be located. Ransomware has become an increasingly important focus for U.S. lawmakers and federal officials after several high-profile attacks on different infrastructure firms, including Colonial Pipeline and JBS, a meat processing company. Both companies paid ransoms in bitcoin to their attackers, though federal officials were later able to recover most of the amount paid by Colonial Pipeline. More recently, software firm Kaseya suffered a ransomware attack, which may have affected hundreds of other firms that rely on Kaseya’s product to help manage their computer networks. Earlier on Wednesday, the Senate Judiciary Committee announced its plans to hold a hearing on ransomware later this month, and other lawmakers have sent companies questions about paying ransoms. Related: Don’t Blame Bitcoin for Ransomware It’s unclear what sort of proposed regulations around crypto may emerge from the White House’s task force. Members of an international Ransomware Task Force said in an April report that more consistent enforcement of anti-money laundering and know-your-customer laws would be the most effective tool for preventing payments, rather than attempting to ban cryptocurrency or prevent its use entirely. Related Stories Will Bitcoin or Russia Be Blamed for the Latest Ransomware Attacks? TRM Labs Raises $14M as Crypto Tracking Steps Into Spotlight', 'The White House is creating a new group to investigate and tackle ransomware, including cryptocurrency payments, Politico reported Wednesday.\nThe task force will try to find ways of “halting ransom payments made through cryptocurrency platforms,”the report said. It will also try to help potential ransomware victims bolster their internal defenses and launch attacks against ransomware operators.\nThe Financial Crimes Enforcement Network (FinCEN) will host a conference, and other branches of the government will provide different resources for potential ransomware victims, according to the report, which cited Anne Neuberger, the White House’s deputy national security adviser for cybersecurity and emerging technologies.\nRelated:US State Department Offers to Pay for Cybercrime Tips With Crypto\nA spokesperson for FinCEN didn’t respond to CoinDesk’s request for comment by the time of publication. A spokesperson for Neuberger couldn’t immediately be located.\nRansomware has become an increasingly important focus for U.S. lawmakers and federal officials after several high-profile attacks on different infrastructure firms, including Colonial Pipeline and JBS, a meat processing company.Both companiespaidransomsinbitcointo their attackers, though federal officials were laterable to recovermost of the amount paid by Colonial Pipeline.\nMore recently, software firm Kaseyasuffereda ransomware attack, which may have affected hundreds of other firms that rely on Kaseya’s product to help manage their computer networks.\nEarlier on Wednesday, the Senate Judiciary Committee announced its plans tohold a hearingon ransomware later this month, and other lawmakers have sent companies questionsabout payingransoms.\nRelated:Don’t Blame Bitcoin for Ransomware\nIt’s unclear what sort of proposed regulations around crypto may emerge from the White House’s task force. Members of an international Ransomware Task Force saidin an April reportthat more consistent enforcement of anti-money laundering and know-your-customer laws would be the most effective tool for preventing payments, rather than attempting to ban cryptocurrency or prevent its use entirely.\n• Will Bitcoin or Russia Be Blamed for the Latest Ransomware Attacks?\n• TRM Labs Raises $14M as Crypto Tracking Steps Into Spotlight', 'A Las Vegas strip club is taking its first step toward accepting bitcoin payments over the Lightning Network in a bid to speed up payments, lower costs and provide privacy to clients. Crazy Horse 3 says it has become the first major entertainment venue in Las Vegas to accept payment using Lightning. Bitcoin payment processor and infrastructure provider OpenNode is overseeing the club’s new payment rail, which enables guests to make purchases on the club’s website. Related: Google Searches for ‘Bitcoin Price’ Reach 7-Month Low Bitcoin’s Lightning Network is a layer-two protocol system designed to settle transactions off-chain in a bid to cut down the time it takes to use the world’s oldest cryptocurrency and reduce the fees associated with bitcoin payments. When Bitcoin was unveiled in 2009, it could settle seven transactions per second (TPS). Now as the network and number of users have grown, so too has the demand on Bitcoin’s infrastructure. The Lightning Network attempts to solve that by increasing the maximum throughput to 25 million TPS. That is an important for businesses like Crazy Horse 3 that accept bitcoin as a form of payment. Lightning also offers an extra layer of transaction privacy. For instance, its nodes use Tor’s anonymous communication network known as onion routing. The routing affords nodes the ability to send transactions through each other while keeping the bitcoin transacted encrypted . Related: Bitcoin Under Pressure, Faces Support at $30K “We\xa0are embracing the opportunity to accept bitcoin as a way to deliver convenience, first-class hospitality and an added level of anonymity for our guests,” a Crazy Horse 3 representative said in a statement . What’s in it for the Horse? Located a stone’s throw away from the new Allegiant Stadium, home of the National Football League’s Las Vegas Raiders, Crazy Horse 3 is not exactly tucked away. Like most adult entertainment businesses, the club faces financial judgment in the form of being labeled a “high-risk” industry, and so the fees it pays to payment processing companies via traditional rails are higher. Fees charged by using bitcoin as a form of payment are much lower. Story continues Bitcoin payments can help international clients flying into Las Vegas because they don’t need to use their debit or credit cards to make fast payments. So far, the club is accepting bitcoin payments only for bottle service, but it plans to expand transactions to include “admission, food selections, craft cocktails, retail and the club’s signature ‘dance dollars,’ valid toward lap dances and entertainer tipping.” Tipping is where the Lightning Network has the potential to truly make an impact. Under the conditions of privacy, lower fees, and faster payments, the ability to pay entertainers in satoshis or “sats” – fractions of a whole bitcoin – those on the receiving end can forge entirely new local economies. Onchain bitcoin microtransactions would be prohibitively slow and expensive. But payments on Lightning are ideally made in smaller increments, just right for tips. Related Stories Bitcoin Trending Down Despite Earlier Gains Another Bitcoin Investor Sues T-Mobile Over SIM Swap Attack', 'A Las Vegas strip club is taking its first step toward acceptingbitcoinpayments over the Lightning Network in a bid to speed up payments, lower costs and provide privacy to clients.\nCrazy Horse 3 says it has become the first major entertainment venue in Las Vegas to accept payment using Lightning.\nBitcoin payment processor and infrastructure provider OpenNode is overseeing the club’s new payment rail, which enables guests to make purchases on the club’s website.\nRelated:Google Searches for ‘Bitcoin Price’ Reach 7-Month Low\nBitcoin’s Lightning Network is a layer-two protocol system designed to settle transactions off-chain in a bid to cut down the time it takes to use the world’s oldest cryptocurrency and reduce the fees associated with bitcoin payments.\nWhen Bitcoin was unveiled in 2009, it could settle seven transactions per second (TPS). Now as the network and number of users have grown, so too has the demand on Bitcoin’s infrastructure.\nThe Lightning Network attempts to solve that by increasing the maximum throughput to 25 million TPS. That is an important for businesses like Crazy Horse 3 that accept bitcoin as a form of payment.\nLightning also offers an extra layer of transaction privacy. For instance, itsnodesuseTor’sanonymous communication network known as onion routing. The routing affords nodes the ability to send transactions through each other while keeping the bitcoin transactedencrypted.\nRelated:Bitcoin Under Pressure, Faces Support at $30K\n“We\xa0are embracing the opportunity to accept bitcoin as a way to deliver convenience, first-class hospitality and an added level of anonymity for our guests,” a Crazy Horse 3 representative said in astatement.\nLocated a stone’s throw away from the new Allegiant Stadium, home of the National Football League’s Las Vegas Raiders, Crazy Horse 3 is not exactly tucked away. Like most adult entertainment businesses, the club faces financial judgment in the form of being labeled a “high-risk” industry, and so the fees it pays to payment processing companies via traditional rails are higher. Fees charged by using bitcoin as a form of payment are much **Last 60 Days of Bitcoin's Closing Prices:** [46456.06, 43537.51, 42909.40, 37002.44, 40782.74, 37304.69, 37536.63, 34770.58, 38705.98, 38402.22, 39294.20, 38436.97, 35697.61, 34616.07, 35678.13, 37332.86, 36684.93, 37575.18, 39208.77, 36894.41, 35551.96, 35862.38, 33560.71, 33472.63, 37345.12, 36702.60, 37334.40, 35552.52, 39097.86, 40218.48, 40406.27, 38347.06, 38053.50, 35787.25, 35615.87, 35698.30, 31676.69, 32505.66, 33723.03, 34662.44, 31637.78, 32186.28, 34649.64, 34434.34, 35867.78, 35040.84, 33572.12, 33897.05, 34668.55, 35287.78, 33746.00, 34235.20, 33855.33, 32877.37, 33798.01, 33520.52, 34240.19, 33155.85, 32702.03, 32822.35] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2021-07-15 **Financial & Commodity Data:** - Gold Closing Price: $1828.40 - Crude Oil Closing Price: $71.65 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $611,875,970,622 - Hash Rate: 91390704.5036712 - Transaction Count: 226234.0 - Unique Addresses: 572802.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.20 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Polkadot (DOT) has been moving downwards since May 15, when it reached an all-time high of $49.78. While it has temporarily halted the decrease with a significant bounce, the bullish reversal is not confirmed yet. Polkadot has been decreasing since May 15. The drop has been sharp and swift — in a period of only eight days, DOT has fallen by nearly 73%. While there has been a slight resurgence since May 23, it has been weak. Technical indicators are bearish. The Stochastic oscillator has made a bearish cross, the MACD is negative, and the RSI is below 50. The main resistance area is found at $29. The level had previously been acting as support since Feb. 8. Until it’s reclaimed, we cannot consider the trend bullish. Last week, the DOT team announced the integration ofPARSIQ smart triggers.It remains to be seen if this announcement will have any positive long-term effect on the price of the token. The two-hour chart is more bullish. It shows a descending wedge, from which DOT has potentially broken out. The breakout was preceded by a strong bullish divergence in both the RSI and MACD. It’s possible that this is the beginning of the upward movement that will cause DOT to reclaim the $29 level. However, this is not yet confirmed. Until the $29 area is reclaimed, we cannot confidently suggest that the trend is bullish. Cryptocurrency trader@Thetradinghubboutlined a DOT chart, stating that the correction is complete and the token is likely going to reach new highs. This could occur according to the wave count. It’s possible that Polkadot has just completed wave four (white) of a five-wave bullish impulse. However, this scenario is not yet confirmed. While DOT has bounced at the 0.786 Fib retracement level, it has not given any clear bullish reversal signs, as seen by technical indicators in the daily time frame. Reclaiming the $29 area is crucial for this scenario to transpire. In addition, the invalidation level is considerably below the current price, falling at the wave one high of $6.80. For BeInCrypto’s latestbitcoin(BTC) analysis,click here.... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
31421.54, 31533.07, 31796.81, 30817.83, 29807.35, 32110.69, 32313.11, 33581.55, 34292.45, 35350.19
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['These days, virtually all financial services companies are bracing for technological disruption that promises to upend business as usual. Banks know that going branchless and online-only is the future, while brokerages are trying to “democratize” investing with easy-to-use trading apps and algorithm-based robo-advisors.\nVisais well aware of this. Despite a market capitalization of more than $500 billion, the payments behemoth is trying to reposition itself accordingly. In a world in which mobile wallets and real-time payments—fromPayPalto the Federal Reserve’s instant settlement network—threaten traditional cash and card transactions, the company has invested in and teamed up with would-be fintech disruptors before they can disrupt too much.\n“Many years ago, we saw the beginnings of this [fintech] wave coming, and early on we decided we’re absolutely going to lean into this,” Visa president Ryan McInerney toldFortunein May. Whether it’s deploying its payment system to enable mobile wallets likeApplePay andGooglePay, or partnering with international remittance startups like Wise and Remitly, Visa has its fingerprints all over the rapidly digitizing world of moving money.\nThat strategy extends to cryptocurrency, which Visa has pushed into in recent years by establishing relationships with the likes ofCoinbase,Circle, andFTX, among others. The goal is to make it easier for users of those platforms to buy products and services with their cryptocurrencies, while also giving Visa new revenue opportunities from transactions involving a proliferating asset class. So far, that bet appears to be paying off.\nLast week, Visadisclosedthat it has partnered with no less than 50 crypto platforms via card programs that “make it easy to convert and spend digital currency at 70 million merchants worldwide.” What’s more, the company revealed that it had facilitated more than $1 billion in transactions via crypto-linked Visa cards in the first half of 2021 alone. That comes in the wake of Visa having announced in March that, for the first time, it hadsettled a transaction using a virtual currency—in that case, the Circle-backed stablecoin known as USD Coin (USDC).\n“We want to be an on-ramp and an off-ramp between the regular world and the crypto world,” Oliver Jenkyn, Visa’s executive vice president and regional president for North America, said last month at a fintech conference hosted by RBC Capital Markets. “If you’ve got $1 million in Bitcoin in your account, for example, and you want to go buy a burger, it’s very difficult to actually make that transaction happen. But if you put a Visa card in front of that crypto wallet or crypto exchange account, then you can convert that back to fiat currency [and] go buy your burger and fries.”\nAt this point, Visa’s crypto platform remains a minuscule piece of a business that processed nearly $11.4 trillion in debit and credit card transactions globally last year. But the value of its efforts lay far beyond the fees Visa currently generates from its crypto-linked cards; should crypto continue to grow in use in the coming years, the company is counting that it will be in prime position to benefit.\nIt is an approach in line with Visa’s overall fintech strategy—one where “rather than [fintech] being a disruptive influence, it actually creates more distribution points” for Visa’s network,Bank of Americaanalyst Jason Kupferberg toldFortuneearlier this year.\nNot all elements of Visa’s fintech strategy have succeeded. Its proposed $5.3 billion acquisition of financial data provider Plaidfell apart publicly last yearafter a Justice Department antitrust lawsuit laid bare the company’s insecurities about a burgeoning fintech “volcano," as one Visa executive phrased it, that threatened its business.\nBut Visa has since rebounded from the scuppered deal, havingannounced the acquisitionlast month of Swedish fintech startup Tink, which operates a Europe-focused open banking platform similar to Plaid’s. That deal is valued at more than $2.1 billion.\nMoving forward, crypto is as critical a part of Visa’s overall digital strategy as any facet of the broader fintech revolution—and one growing in importance. Cuy Sheffield, Visa’s head of crypto,told The Blocklast week that the company had increased its number of partnerships with crypto firms more than 40% in the previous four months alone.\n“If I’m banking on a [financial services] company to maintain their current competitive position 20 years from now, one I feel most confident in is Visa,” Morningstar analyst Brett Horn toldFortune. “The [fintech] space does continue to evolve, but you never want to forget the massive advantage they enjoy, and likely will for years to come.”\nThis story was originally featured onFortune.com', 'Bitcoin , BTC to USD, fell by 2.84% on Thursday. Reversing a 0.29% gain from Wednesday, Bitcoin ended the day at $31,890.0. A bullish start to the day saw Bitcoin rise to an early morning intraday high $33,200.0 before hitting reverse. Falling short of the first major resistance level at $33,438, Bitcoin slid to a late afternoon intraday low $31,150.0. Bitcoin fell through the first major support level at $31,898. Steering clear of sub-$31,000 support levels, Bitcoin partially recovered to end the day at $31,890 levels. The first major resistance level at $31,898 pinned Bitcoin back at the day’s end. The near-term bullish trend remained intact, in spite of the latest return to $31,000 levels. For the bears, Bitcoin would need a sustained fall through the 62% FIB of $27,237 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was a mixed day on Thursday. Binance Coin rose by 2.1% to buck the trend on the day. It was a bearish day for the rest of the majors, however. Chainlink and Crypto.com Coin slid by 7.03% and by 6.35% respectively to lead the way down. Cardano’s ADA (-3.03%), Ethereum (-3.81%), Litecoin (-3.99%), and Ripple’s XRP (-3.72%) also saw heavy losses. Bitcoin Cash SV (-2.67%) and Polkadot (-2.38%) saw relatively modest losses on the day. In the current week, the crypto total market rose to a Monday high $1,419bn before falling to a Thursday low $1,257bn. At the time of writing, the total market cap stood at $1,293bn. Bitcoin’s dominance fell to a Tuesday low 45.74% before rising to a Wednesday high 46.84%. At the time of writing, Bitcoin’s dominance stood at 45.95%. This Morning At the time of writing, Bitcoin was down by 0.60% to $31,698.0. A mixed start to the day saw Bitcoin rise to an early morning high $31,959.0 before falling to a low $31,673.0. Bitcoin left the major support and resistance levels untested early on. Elsewhere, it was a bearish start to the day. At the time of writing, Crypto.com Coin was down by 0.97% to lead the way down. Story continues For the Bitcoin Day Ahead Bitcoin would need to move through the $32,080 pivot to bring the first major resistance level at $33,010 into play. Support from the broader market would be needed for Bitcoin to break out from $32,500 levels. Barring a broad-based crypto rally, the first major resistance level and resistance at Thursday’s high $33,200.0 would likely cap any upside. In the event of an extended crypto rally, Bitcoin could test resistance at $34,000 levels before any pullback. The second major resistance level sits at $34,130. Failure to move through the $32,080 pivot would bring the first major support level at $30,960 into play. Barring another extended sell-off on the day, Bitcoin should steer clear of sub-$30,000 levels. The second major support level at $30,030 should limit the downside. This article was originally posted on FX Empire More From FXEMPIRE: Today’s Market Wrap Up and a Glimpse Into Friday Natural Gas Price Forecast – Natural Gas Markets Continue Sideways Action The Crypto Daily – Movers and Shakers – July 16th, 2021 AUD/USD Forex Technical Analysis – Major Decision for Bulls on Test of .7379 – .7372 USD/CAD Daily Forecast – Test Of Resistance At 1.2560 USD/CAD Exchange Rate Prediction – The Dollar Surges to 2.5 Month Highs', 'Bitcoin , BTC to USD, fell by 2.84% on Thursday. Reversing a 0.29% gain from Wednesday, Bitcoin ended the day at $31,890.0. A bullish start to the day saw Bitcoin rise to an early morning intraday high $33,200.0 before hitting reverse. Falling short of the first major resistance level at $33,438, Bitcoin slid to a late afternoon intraday low $31,150.0. Bitcoin fell through the first major support level at $31,898. Steering clear of sub-$31,000 support levels, Bitcoin partially recovered to end the day at $31,890 levels. The first major resistance level at $31,898 pinned Bitcoin back at the day’s end. The near-term bullish trend remained intact, in spite of the latest return to $31,000 levels. For the bears, Bitcoin would need a sustained fall through the 62% FIB of $27,237 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was a mixed day on Thursday. Binance Coin rose by 2.1% to buck the trend on the day. It was a bearish day for the rest of the majors, however. Chainlink and Crypto.com Coin slid by 7.03% and by 6.35% respectively to lead the way down. Cardano’s ADA (-3.03%), Ethereum (-3.81%), Litecoin (-3.99%), and Ripple’s XRP (-3.72%) also saw heavy losses. Bitcoin Cash SV (-2.67%) and Polkadot (-2.38%) saw relatively modest losses on the day. In the current week, the crypto total market rose to a Monday high $1,419bn before falling to a Thursday low $1,257bn. At the time of writing, the total market cap stood at $1,293bn. Bitcoin’s dominance fell to a Tuesday low 45.74% before rising to a Wednesday high 46.84%. At the time of writing, Bitcoin’s dominance stood at 45.95%. This Morning At the time of writing, Bitcoin was down by 0.60% to $31,698.0. A mixed start to the day saw Bitcoin rise to an early morning high $31,959.0 before falling to a low $31,673.0. Bitcoin left the major support and resistance levels untested ear **Last 60 Days of Bitcoin's Closing Prices:** [43537.51, 42909.40, 37002.44, 40782.74, 37304.69, 37536.63, 34770.58, 38705.98, 38402.22, 39294.20, 38436.97, 35697.61, 34616.07, 35678.13, 37332.86, 36684.93, 37575.18, 39208.77, 36894.41, 35551.96, 35862.38, 33560.71, 33472.63, 37345.12, 36702.60, 37334.40, 35552.52, 39097.86, 40218.48, 40406.27, 38347.06, 38053.50, 35787.25, 35615.87, 35698.30, 31676.69, 32505.66, 33723.03, 34662.44, 31637.78, 32186.28, 34649.64, 34434.34, 35867.78, 35040.84, 33572.12, 33897.05, 34668.55, 35287.78, 33746.00, 34235.20, 33855.33, 32877.37, 33798.01, 33520.52, 34240.19, 33155.85, 32702.03, 32822.35, 31780.73] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2021-07-16 **Financial & Commodity Data:** - Gold Closing Price: $1814.50 - Crude Oil Closing Price: $71.81 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $598,424,350,970 - Hash Rate: 107098481.84023967 - Transaction Count: 223466.0 - Unique Addresses: 552751.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.22 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Bitcoin remains in a horrendously low-volume period of price action as volatility slumps to its lowest levels since November 2020. At the time of writing, Bitcoin was trading at $34,300 having ground out the lower time frame range between $33,000 and $36,000 with numerous stabs at both the upside and downside. All higher time frames continue to paint a bearish view on Bitcoin, with the recent daily death cross heaping pressure on the bulls, who are slowly but surely running out of ideas as they attempt to cling on to the $30,000 level of support. With volatility and volume subsiding, the current market structure is eerily reminiscent to that of 2018, when Bitcoin entered an 18-month bear market which saw its price fall from $20,000 to $3,150. BTCUSD chart by TradingView If Bitcoin follows a similar pattern to 2018, it will likely test well below $20,000 this cycle, with several indicators pointing out the $16,000 level as a key area of confluence. However, while Bitcoin remains bearish on all time frames, it’s worth noting that there is a non-zero probability that it will wriggle its way out to safety, with a $41,000 level of resistance becoming the initial hurdle. If Bitcoin can break above $41,000 and begin to close daily candles above the recent death cross, it would indicate that short term momentum is up, and that even a test to the $49,000 level could be on the cards. Short term levels of support remain at $33,400, $33,000 and $32,800, while points of resistance to the upside continue to stand firm at $35,800 and $36,500. For more news, guides and cryptocurrency analysis, click here. Bitcoin pricing Current live BTC pricing information and interactive charts are available on our site 24 hours a day. The ticker bar at the bottom of every page on our site has the latest Bitcoin price. Pricing is also available in a range of different currency equivalents: US Dollar – BTCtoUSD British Pound Sterling – BTCtoGBP Japanese Yen – BTCtoJPY Story continues Euro – BTCtoEUR Australian Dollar – BTCtoAUD Russian Rouble – BTCtoRUB About Bitcoin In August 2008, the domain name bitcoin.org was registered. On 31st October 2008, a paper was published called “Bitcoin: A Peer-to-Peer Electronic Cash System”. This was authored by Satoshi Nakamoto, the inventor of Bitcoin. To date, no one knows who this person, or people, are. The paper outlined a method of using a P2P network for electronic transactions without “relying on trust”. On January 3 2009, the Bitcoin network came into existence. Nakamoto mined block number “0” (or the “genesis block”), which had a reward of 50 Bitcoins. More BTC news and information If you want to find out more information about Bitcoin or cryptocurrencies in general, then use the search box at the top of this page. Here’s an article to get you started. As with any investment, it pays to do some homework before you part with your money. The prices of cryptocurrencies are volatile and go up and down quickly. This page is not recommending a particular currency or whether you should invest or not. Disclaimer: The views and opinions expressed by the author should not be considered as financial advice.... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
31533.07, 31796.81, 30817.83, 29807.35, 32110.69, 32313.11, 33581.55, 34292.45, 35350.19, 37337.54
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['Bitcoin, BTC to USD, fell by 1.46% on Friday. Following a 2.84% decline on Thursday, Bitcoin ended the day at $31,428.0.\nAfter a mixed start to the day, Bitcoin slid to a late morning intraday low $31,044.0 before making a move.\nSteering clear of the first major support level at $30,960, however, Bitcoin rallied to a late afternoon intraday high $32,271.0.\nFalling short of the first major resistance level at $33,010, Bitcoin slid back to end the day at sub-$31,500 levels.\nThe near-term bullish trend remained intact, in spite of the latest return to $31,000 levels. For the bears, Bitcoin would need a sustained fall through the 62% FIB of $27,237 to form a near-term bearish trend.\nAcross the rest of the majors, it was a mixed day on Friday.\nBitcoin Cash SVended the day flat to buck the trend on the day.\nIt was a bearish day for the rest of the majors, however.\nPolkadot slid by 6.69% to lead the way down.\nBinance Coin(-4.05%),Chainlink(-3.03%),Cardano’s ADA(-4.37%), andLitecoin(-4.16%) also struggled.\nCrypto.com Coin(-2.29%),Ethereum(-2.18%), andRipple’s XRP(-1.43%) saw relatively modest losses, however.\nIn the current week, the crypto total market rose to a Monday high $1,419bn before falling to a Friday low $1,248bn. At the time of writing, the total market cap stood at $1,260bn.\nBitcoin’s dominance rose to a Wednesday high 46.84% before falling to a Thursday low 45.47%. At the time of writing, Bitcoin’s dominance stood at 46.48%.\nAt the time of writing, Bitcoin was down by 0.53% to $31,262.0. A mixed start to the day saw Bitcoin rise to an early morning high $31,564.0 before falling to a low $21,262.0.\nBitcoin left the major support and resistance levels untested early on.\nElsewhere, it was a bearish start to the day.\nAt the time of writing, Polkadot was down by 1.19% to lead the way down.\nBitcoin would need to move through the $31,581 pivot to bring the first major resistance level at $32,118 into play.\nSupport from the broader market would be needed for Bitcoin to break back through to $32,000 levels.\nBarring a broad-based crypto rally, the first major resistance level and resistance at Friday’s high $32,271.0 would likely cap any upside.\nIn the event of an extended crypto rally, Bitcoin could test resistance at $33,500 levels before any pullback. The second major resistance level sits at $32,808.\nFailure to move through the $31,581 pivot would bring the first major support level at $30,891 into play.\nBarring another extended sell-off on the day, Bitcoin should steer clear of sub-$30,000 levels. The second major support level at $30,354 should limit the downside.\nThisarticlewas originally posted on FX Empire\n• Natural Gas Price Forecast – Natural Gas Markets Continue to Hover In Same Consolidation\n• The Weekly Wrap – The Greenback Comes out on Top as U.S Inflation Spikes\n• The Crypto Daily – Movers and Shakers – July 17th, 2021\n• Natural Gas Price Prediction – Prices Consolidate Forming Bull Flag Pattern\n• Crude Oil Price Forecast – Crude Oil Markets Recover After Initial Selling\n• Ethereum, Litecoin, and Ripple’s XRP – Daily Tech Analysis – July 17th, 2021', 'Bitcoin , BTC to USD, fell by 1.46% on Friday. Following a 2.84% decline on Thursday, Bitcoin ended the day at $31,428.0. After a mixed start to the day, Bitcoin slid to a late morning intraday low $31,044.0 before making a move. Steering clear of the first major support level at $30,960, however, Bitcoin rallied to a late afternoon intraday high $32,271.0. Falling short of the first major resistance level at $33,010, Bitcoin slid back to end the day at sub-$31,500 levels. The near-term bullish trend remained intact, in spite of the latest return to $31,000 levels. For the bears, Bitcoin would need a sustained fall through the 62% FIB of $27,237 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was a mixed day on Friday. Bitcoin Cash SV ended the day flat to buck the trend on the day. It was a bearish day for the rest of the majors, however. Polkadot slid by 6.69% to lead the way down. Binance Coin (-4.05%), Chainlink (-3.03%), Cardano’s ADA (-4.37%), and Litecoin (-4.16%) also struggled. Crypto.com Coin (-2.29%), Ethereum (-2.18%), and Ripple’s XRP (-1.43%) saw relatively modest losses, however. In the current week, the crypto total market rose to a Monday high $1,419bn before falling to a Friday low $1,248bn. At the time of writing, the total market cap stood at $1,260bn. Bitcoin’s dominance rose to a Wednesday high 46.84% before falling to a Thursday low 45.47%. At the time of writing, Bitcoin’s dominance stood at 46.48%. This Morning At the time of writing, Bitcoin was down by 0.53% to $31,262.0. A mixed start to the day saw Bitcoin rise to an early morning high $31,564.0 before falling to a low $21,262.0. Bitcoin left the major support and resistance levels untested early on. Elsewhere, it was a bearish start to the day. At the time of writing, Polkadot was down by 1.19% to lead the way down. For the Bitcoin Day Ahead Bitcoin would need to move through the $31,581 pivot to bring the first major resistance level at $32,118 into play. Story continues Support from the broader market would be needed for Bitcoin to break back through to $32,000 levels. Barring a broad-based crypto rally, the first major resistance level and resistance at Friday’s high $32,271.0 would likely cap any upside. In the event of an extended crypto rally, Bitcoin could test resistance at $33,500 levels before any pullback. The second major resistance level sits at $32,808. Failure to move through the $31,581 pivot would bring the first major support level at $30,891 into play. Barring another extended sell-off on the day, Bitcoin should steer clear of sub-$30,000 levels. The second major support level at $30,354 should limit the downside. This article was originally posted on FX Empire More From FXEMPIRE: Natural Gas Price Forecast – Natural Gas Markets Continue to Hover In Same Consolidation The Weekly Wrap – The Greenback Comes out on Top as U.S Inflation Spikes The Crypto Daily – Movers and Shakers – July 17th, 2021 Natural Gas Price Prediction – Prices Consolidate Forming Bull Flag Pattern Crude Oil Price Forecast – Crude Oil Markets Recover After Initial Selling Ethereum, Litecoin, and Ripple’s XRP – Daily Tech Analysis – July 17th, 2021', 'Anthony Di Iorio will be severing his major ties to the cryptocurrency industry and selling his current venture, Decentral, to start a philanthropic foundation in the next year, the Ethereum co-founder told CoinDesk in a phone interview.\n“I’m a crypto guy and I don’t want to be known as a crypto person,” he said. “I want to be known as a problem solver.”\nConcerns about his personal security figured “a good 20%” into his decision, he said.\nRelated:Investors Crawl Back to Ethereum Funds as Bitcoin Outflows Rise\nDi Iorio said the new organization would use principles he developed as a crypto entrepreneur and even possibly blockchain technology itself to address what he described as “large problems.”\nHe will be funding the entity from his own holdings, which he declined to disclose, and money he earns from the sale of Decentral, which he valued at “a few hundred million dollars.” He has already spoken with potential suitors and anticipates selling Decentral for fiat currency or a stake in another business rather than crypto. In 2018 whenether’sprice was less than half its current level,Forbes saidDi Iorio was worth as much as $1 billion.\nTwo years ago, the 46-year-old Canadian who is widely known for his work on the Ethereum network,announcedhe was retiring from Decentral, the wallet and crypto services provider that he founded, and would serve as board chairman. But within months, he had returned to a daily management role, delaying a long-desired, full-time commitment to philanthropy.\nWhile he will end his relationships with other blockchain firms in which he’s involved, he said that he was open to using blockchain technology along with other approaches in his forthcoming work. “There’s a middle ground and crypto is a tool in my tool belt,” Di Iorio said.\nRelated:Grayscale Unveils DeFi Fund Linked to New CoinDesk Index\nHe said he has already hired a public relations firm to work with his foundation and that “we’re looking to move forward and scale,” including hiring employees.\nThe foundation will work across industries and on a variety of issues, although Di Iorio did not specify which ones. He has already been holding weekly “whiteboarding sessions” with a number of industry and political leaders, including Paraguayan congressman andbitcoinenthusiastCarlos Rejala.\n• Ethereum Documentary Featuring Vitalik Buterin Raises 1,036 ETH\n• Vitalik Buterin Is Involved in a New Documentary About Ethereum', 'Anthony Di Iorio will be severing his major ties to the cryptocurrency industry and selling his current venture, Decentral, to start a philanthropic foundation in the next year, the Ethereum co-founder told CoinDesk in a phone interview. \x93I\x92m a crypto guy and I don\x92t want to be known as a crypto person,\x94 he said. \x93I want to be known as a problem solver.\x94 Concerns about his personal security figured \x93a good 20%\x94 into his decision, he said. Related: Investors Crawl Back to Ethereum Funds as Bitcoin Outflows Rise Di Iorio said the new organization would use principles he developed as a crypto entrepreneur and even possibly blockchain technology itself to address what he described as \x93large problems.\x94 He will be funding the entity from his own holdings, which he declined to disclose, and money he earns from the sale of Decentral, which he valued at \x93a few hundred million dollars.\x94 He has already spoken with potential suitors and anticipates selling Decentral for fiat currency or a stake in another business rather than crypto. In 2018 when ether\x92s price was less than half its current level, Forbes said Di Iorio was worth as much **Last 60 Days of Bitcoin's Closing Prices:** [42909.40, 37002.44, 40782.74, 37304.69, 37536.63, 34770.58, 38705.98, 38402.22, 39294.20, 38436.97, 35697.61, 34616.07, 35678.13, 37332.86, 36684.93, 37575.18, 39208.77, 36894.41, 35551.96, 35862.38, 33560.71, 33472.63, 37345.12, 36702.60, 37334.40, 35552.52, 39097.86, 40218.48, 40406.27, 38347.06, 38053.50, 35787.25, 35615.87, 35698.30, 31676.69, 32505.66, 33723.03, 34662.44, 31637.78, 32186.28, 34649.64, 34434.34, 35867.78, 35040.84, 33572.12, 33897.05, 34668.55, 35287.78, 33746.00, 34235.20, 33855.33, 32877.37, 33798.01, 33520.52, 34240.19, 33155.85, 32702.03, 32822.35, 31780.73, 31421.54] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2021-07-17 **Financial & Commodity Data:** - Gold Closing Price: $1814.50 - Crude Oil Closing Price: $71.81 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $593,998,115,659 - Hash Rate: 101997588.09440474 - Transaction Count: 182047.0 - Unique Addresses: 458821.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.15 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Scotland Yard announced the seizure of £114 Million ($158 million) from a suspected money-laundering operation. The U.K.’s Metropolitan Policeannounced todaythe force’s biggest cryptocurrency confiscation to date and one of the largest in the world. The nearly $160 million dollars confiscated are more than double the amount seized by Scotland Yard in all of 2020. The money seized is allegedly tied to a money-laundering ring that officials have been investigating. The police discovered the massive nest egg after intelligence received a tip of a large amount of crypto being transferred that was tied to criminal activity. The investigation is ongoing. Officials from the Economic Crime Command declined to comment about which cryptocurrencies exactly had been among the confiscated funds. According to Graham McNulty, the Deputy Assistant Commissioner, cryptocurrencies and money laundering are a major issue that needs to be resolved. “Cash remains king, but as technology and online platforms develop, some are moving to more sophisticated methods of laundering their profits. But, we have highly trained officers and specialist units working day and night to remain one step ahead.” McNulty added that the whole Metro Police will be working to reduce violent crime in London, and that includes financial investigations. ‘There is an inherent link between money and violence,’ McNulty says. As the world of digital assets becomes more and more prevalent, so do crimes involving cryptocurrencies. The risk of these financial crimes hasspurred regulators to act swiftlyin order to protect the investments of their citizens and from illegal activity involving crypto. The increased scrutiny has naturally led to an increase in arrests involving criminals using digital currency to hide their tracks so to speak. On Wednesday,South Korea announcedthey had seized around $50 million in digital currency from more than 12,000 of its citizens accused of tax evasion. South Korea stated it was their biggest seizure of digital assets for back taxes to date. The investigation ran was a follow-up to a previous probe into nearly 150,000 South Koreans who owed back taxes. The 12,000 were identified as having crypto wallets which the funds were eventually seized from. Moving stateside, the U.S. Department of Justice also recently announced a seizure of around$2.3 million in Bitcoinfrom a previous ransomware attack on the Colonial Pipeline infrastructure. That seizure was preceded by a$1 billion seizure of Silk Road’s crypto wallet, the largest in history.... - Reddit Posts (Sample): [['u/1movingout', 'So complete beginner, simply want to buy BTC with a small $ amount. Am I understanding the "steps" correctly?', 13, '2021-07-17 00:57', 'https://www.reddit.com/r/shakepay/comments/ols5om/so_complete_beginner_simply_want_to_buy_btc_with/', "So here's how I think the whole thing goes down:\n\n1) Create a Shakepay account, then verify my identity by uploading a gov't ID\n\n2) Wait until my identity is verified\n\n3) Fund my account through interac e-transfer (this is MY preferred method for the record)\n\n4) Buy BTC\n\n5) Withdraw to wallet (like Electrum)\n\nAm I missing anything else?", 'https://www.reddit.com/r/shakepay/comments/ols5om/so_complete_beginner_simply_want_to_buy_btc_with/', 'ols5om', [['u/Gruz420', 10, '2021-07-17 01:36', 'https://www.reddit.com/r/shakepay/comments/ols5om/so_complete_beginner_simply_want_to_buy_btc_with/h5ghzfh/', 'Yup, that’s basically it. Also, remember to use a referral code, and shake your phone daily for free sats.', 'ols5om']]], ['u/t1mu1', 'Bitcoin vs Ethereum 2021?', 20, '2021-07-17 01:14', 'https://www.reddit.com/r/CryptoCurrency/comments/olsgxi/bitcoin_vs_ethereum_2021/', "What is the difference between ether and bitcoin?\n\nWhat happened\nBitcoin has risen in price by 500% over the past year, ether - by 1500%. Right now, these are the two largest cryptoassets in terms of capitalization with a valuation of over $ 2 trillion.\nSo it's time to figure out how ether and bitcoin differ from each other. Moreover, despite some common features, they differ in many respects.\n\nWhat is Bitcoin\nBitcoin was the first digital currency to successfully create a way to transfer value between two different people around the world. In fact, it all started with him.\nSomeone Satoshi Nakamoto (one person or group) created a digital and time-ordered ledger (blockchain) to record every Bitcoin transaction.\nThis solved the problem of double spending and ensured that people would not be able to exchange fake bitcoins already transferred.\nIt also meant that transactions took place independently of the participation or intervention of ordinary intermediaries like government, banks, or corporations.\nBitcoin was practically worthless when it was first activated in January 2009. In April 2021, it was already worth $ 65,000.\n\nWhat is ether\nEthereum was created by programmer Vitalik Buterin, who released his first white paper on the subject in late 2013.\nButerin was originally a bitcoin fanatic, but soon became disillusioned with the limitations and decided to create a system that could do more than just fix static values.\nHis vision was for a blockchain on which to host what later became known as smart contracts - self-executing agreements in which a chain of actions could flow from certain conditions and unforeseen circumstances.\nThe only limitation in transactions here is the imagination of the developers.\n\nWhat the ether took over from bitcoin\nThe basis is the idea of \u200b\u200bworking across a decentralized network of computers that share a cumulative record of transactions. Both systems are publicly viewable and built on open source software.\nBoth Ether and Bitcoin also rely on people to participate in the computations used to verify transactions and are rewarded in the form of a newly released digital currency (miners).\nThis type of verification system is called proof of work. It is, incidentally, criticized for energy consumption and pollution. According to one estimate, the Bitcoin network consumes more electricity than Sweden in a year.\n\nHow Bitcoin developed\nCryptocurrency, which has long been a marginal asset and a tool for anonymous users, is becoming digital gold - an item prized for its ability to be a store of value.\nOf course, bitcoin is known for its volatility and has experienced a huge number of ups and downs in its history (when Spot first wrote about bitcoin, it cost $ 9,517), but it attracts some people as a defense against inflation (since its offer is limited by the algorithm of its foundation) and others as an asset for diversifying savings (since it is not related to stocks and bonds).\nMany people, of course, buy bitcoin because they think others will buy it.\n\nHow the ether developed\nThis is where the biggest difference begins. Ether also evolved, but the changes were related to how its Ethereum network was used in practice, not as a savings or investment.\nThe first boom happened in 2017, when it became fashionable to conduct ICOs - many of them used ether and the Ethereum blockchain. Yes, regulators quickly limited ICOs, but this case showed that Ethereum can be used to raise money by bypassing banks or venture capital companies. It was a new way to raise funds.\nThe second boom happened in 2020, when the heyday of decentralized finance projects - DeFi. These were startups that offered to pay interest on ether deposits, offered secured lending, and allowed users to exchange cryptocurrencies on decentralized exchanges. Here Ethereum again acted as an alternative, and for such a pillar of traditional finance as lending. And again, all this was without the participation of banks or brokers.\nThe third boom is still ongoing. These are NFTs - non-fungible tokens. They have been around since 2017 and are usually digital counterparts of an image or artwork that links to the Ethereum blockchain to prove uniqueness. This can make the artwork valuable to collectors because, unlike MP3 songs, they cannot be copied indefinitely. Not the fact that it will become popular among the masses, but again, it paves the way for new opportunities.\n\nWhy they go up in value and the difference in use\n\n\nBitcoin is rising in value against the background\n\n\ninterest in it from large companies - Micro Strategy, Tesla, Morgan Stanley, J.P. Morgan Chase. The cryptocurrency is used by them in the creation of funds or investments.\nEther is growing in price amid interest in it from developers and startups - Ethereum is one of the most frequently used in various blockchain projects.\n\nDoes size matter\nNot really. Ether is already being used more than Bitcoin, and more developers are working on it. This is not surprising when you consider how many possibilities Ethereum has to offer. The overall market share that bitcoin claims has been dropping lately as Ether has risen significantly in value. According to the CoinGecko tracker, bitcoin now accounts for about 46% of the total value of the cryptocurrency market (at the beginning of the year it was about 70%), and ether - 15%.\n\nHow are they doing with the risks\nThe main risk is that overly burdensome financial or tax regulations could slow down the development of blockchain, ether, and bitcoin. For example, Pavel Durov's blockchain project TON was closed precisely because of the regulator.\nIn Uzbekistan, a few years ago, they officially headed for the blockchain, but there are almost no cases. The country also prohibits the use of cryptocurrency as a means of accepting payments, it is only possible to sell on the exchange, and transactions bypassing it are considered a crime.\nIn addition, there is a risk of cryptocurrency theft by fraudsters, the loss of the key necessary to protect it, and a collapse in prices.\n\nCould it all be a bubble\nCan. According to Bloomberg, some analysts see the current Bitcoin and Ether price boom as the result of a risky approach to profitability and the enthusiasm of retail investors (sort of like the GameStop story).\nIn addition, there is a small group of users (whales) that owns a significant part of bitcoins and ether, and, accordingly, in theory, can change prices at their whim.\nEven cryptocurrency proponents admit that sector volatility can be extremely high. But they note that major cryptocurrencies like Bitcoin and Ether have always rebounded after any dips, and the bubble is known to only burst once.", 'https://www.reddit.com/r/CryptoCurrency/comments/olsgxi/bitcoin_vs_ethereum_2021/', 'olsgxi', [['u/Arsa3108', 14, '2021-07-17 01:17', 'https://www.reddit.com/r/CryptoCurrency/comments/olsgxi/bitcoin_vs_ethereum_2021/h5gfot1/', 'Heavily invested in both, but I personally have higher hopes for ETH', 'olsgxi']]], ['u/RevolutionaryDrive5', 'Is crypto ever going to become independent of Bitcoin actions, if so how?', 30, '2021-07-17 01:15', 'https://www.reddit.com/r/CryptoCurrency/comments/olsi6e/is_crypto_ever_going_to_become_independent_of/', "Newbie question but firstly what makes the whole crypto world so attached to bitcoin? is it always going to be like this? if not how can we make it more independant of bitcoin and is this what we want or is there another reason why we shouldn't?", 'https://www.reddit.com/r/CryptoCurrency/comments/olsi6e/is_crypto_ever_going_to_become_independent_of/', 'olsi6e', [['u/Jezzadoe', 25, '2021-07-17 01:17', 'https://www.reddit.com/r/CryptoCurrency/comments/olsi6e/is_crypto_ever_going_to_become_independent_of/h5gfocl/', 'When adoption reaches the point non-speculative demand for coins/tokens can sustain price levels.', 'olsi6e']]], ['u/ShotBot', 'When a person is CEO of multiple companies, does it concern you that they lack focus? Jack Dorsey and Elon Musk for example.', 1102, '2021-07-17 01:25', 'https://www.reddit.com/r/stocks/comments/olso4q/when_a_person_is_ceo_of_multiple_companies_does/', "In a recent interview Jack Dorsey said that despite the ambitions of Square and Twitter, his real passion is building on Bitcoin. I'm not saying people can't have multiple things going on in their lives, but certainly you can spread yourself too thin and lose focus.\n\n​\n\nThe same thing with Elon Musk, he seems very occupied with being a social media star when he's running like a half dozen companies. If I were to quiz him on the financials of Neuralink, how much would he really know? How can you dedicate all the necessary time in your day for all of these projects?", 'https://www.reddit.com/r/stocks/comments/olso4q/when_a_perso... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
31796.81, 30817.83, 29807.35, 32110.69, 32313.11, 33581.55, 34292.45, 35350.19, 37337.54, 39406.94
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['Bitcoin, BTC to USD, rose by 0.42% on Saturday. Partially reversing a 1.46% fall from Friday, Bitcoin ended the day at $31,560.0.\nA mixed start to the day saw Bitcoin fall to an early morning intraday low $31,210.0 before making a move.\nSteering clear of the first major support level at $30,891, however, Bitcoin rallied to a late morning intraday high $32,000.0.\nFalling short of the first major resistance level at $32,118, Bitcoin fell back to $31,300 levels and into the red.\nFinding support through the 2ndhalf of the day, however, Bitcoin revisited $31,900 levels before easing back.\nThe near-term bullish trend remained intact, in spite of the latest return to $31,000 levels. For the bears, Bitcoin would need a sustained fall through the 62% FIB of $27,237 to form a near-term bearish trend.\nAcross the rest of the majors, it was a mixed day on Saturday.\nCrypto.com Coinand Polkadot rose by 1.89% and by 1.73% respectively to lead the way.\nChainlink(+0.59%),Cardano’s ADA(+0.10%), andEthereum(+1.20%) also joined Bitcoin in positive territory.\nIt was a bearish day for the rest of the majors, however.\nBitcoin Cash SVslid by 4.28% to lead the way down.\nBinance Coin(-0.83%),Litecoin(-0.57%), andRipple’s XRP(-1.59%) also saw red.\nIn the current week, the crypto total market rose to a Monday high $1,419bn before falling to a Friday low $1,248bn. At the time of writing, the total market cap stood at $1,282bn.\nBitcoin’s dominance fell to a Thursday low 45.47% before rising to a Saturday high 46.86%. At the time of writing, Bitcoin’s dominance stood at 46.27%.\nAt the time of writing, Bitcoin was up by 0.26% to $31,641.0. A mixed start to the day saw Bitcoin fall to an early morning low $31,514.0 before rising to a high $31,649.0.\nBitcoin left the major support and resistance levels untested early on.\nElsewhere, it was a mixed start to the day.\nCrypto.com Coin was down by 0.97% to buck the trend at the start of the day.\nIt was a bullish start for the rest of the majors, however.\nAt the time of writing, Chainlink was up by 0.87% to lead the way.\nBitcoin would need to avoid a fall back through the $31,590 pivot to bring the first major resistance level at $31,970 into play.\nSupport from the broader market would be needed for Bitcoin to break back through to $31,900 levels.\nBarring a broad-based crypto rally, the first major resistance level and Saturday’s high $32,000.0 would likely cap any upside.\nIn the event of an extended crypto rally, Bitcoin could test resistance at $33,000 before any pullback. The second major resistance level sits at $32,380.\nA fall back through the $31,590 pivot would bring the first major support level at $31,180 into play.\nBarring another extended sell-off on the day, Bitcoin should steer clear of sub-$30,000 levels. The second major support level at $30,800 should limit the downside.\nThisarticlewas originally posted on FX Empire\n• Natural Gas Price Prediction – Prices Consolidate Forming Bull Flag Pattern\n• Crude Oil Price Forecast – Crude Oil Markets Recover After Initial Selling\n• S&P 500 Weekly Price Forecast – S&P 500 Continues to Sit Sideways\n• Crude Oil Weekly Price Forecast – Crude Oil Markets Have Tough Week\n• Ethereum, Litecoin, and Ripple’s XRP – Daily Tech Analysis – July 17th, 2021\n• The Crypto Daily – Movers and Shakers – July 18th, 2021', 'Bitcoin , BTC to USD, rose by 0.42% on Saturday. Partially reversing a 1.46% fall from Friday, Bitcoin ended the day at $31,560.0. A mixed start to the day saw Bitcoin fall to an early morning intraday low $31,210.0 before making a move. Steering clear of the first major support level at $30,891, however, Bitcoin rallied to a late morning intraday high $32,000.0. Falling short of the first major resistance level at $32,118, Bitcoin fell back to $31,300 levels and into the red. Finding support through the 2 nd half of the day, however, Bitcoin revisited $31,900 levels before easing back. The near-term bullish trend remained intact, in spite of the latest return to $31,000 levels. For the bears, Bitcoin would need a sustained fall through the 62% FIB of $27,237 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was a mixed day on Saturday. Crypto.com Coin and Polkadot rose by 1.89% and by 1.73% respectively to lead the way. Chainlink (+0.59%), Cardano’s ADA (+0.10%), and Ethereum (+1.20%) also joined Bitcoin in positive territory. It was a bearish day for the rest of the majors, however. Bitcoin Cash SV slid by 4.28% to lead the way down. Binance Coin (-0.83%), Litecoin (-0.57%), and Ripple’s XRP (-1.59%) also saw red. In the current week, the crypto total market rose to a Monday high $1,419bn before falling to a Friday low $1,248bn. At the time of writing, the total market cap stood at $1,282bn. Bitcoin’s dominance fell to a Thursday low 45.47% before rising to a Saturday high 46.86%. At the time of writing, Bitcoin’s dominance stood at 46.27%. This Morning At the time of writing, Bitcoin was up by 0.26% to $31,641.0. A mixed start to the day saw Bitcoin fall to an early morning low $31,514.0 before rising to a high $31,649.0. Bitcoin left the major support and resistance levels untested early on. Elsewhere, it was a mixed start to the day. Crypto.com Coin was down by 0.97% to buck the trend at the start of the day. Story continues It was a bullish start for the rest of the majors, however. At the time of writing, Chainlink was up by 0.87% to lead the way. For the Bitcoin Day Ahead Bitcoin would need to avoid a fall back through the $31,590 pivot to bring the first major resistance level at $31,970 into play. Support from the broader market would be needed for Bitcoin to break back through to $31,900 levels. Barring a broad-based crypto rally, the first major resistance level and Saturday’s high $32,000.0 would likely cap any upside. In the event of an extended crypto rally, Bitcoin could test resistance at $33,000 before any pullback. The second major resistance level sits at $32,380. A fall back through the $31,590 pivot would bring the first major support level at $31,180 into play. Barring another extended sell-off on the day, Bitcoin should steer clear of sub-$30,000 levels. The second major support level at $30,800 should limit the downside. This article was originally posted on FX Empire More From FXEMPIRE: Natural Gas Price Prediction – Prices Consolidate Forming Bull Flag Pattern Crude Oil Price Forecast – Crude Oil Markets Recover After Initial Selling S&P 500 Weekly Price Forecast – S&P 500 Continues to Sit Sideways Crude Oil Weekly Price Forecast – Crude Oil Markets Have Tough Week Ethereum, Litecoin, and Ripple’s XRP – Daily Tech Analysis – July 17th, 2021 The Crypto Daily – Movers and Shakers – July 18th, 2021', 'Singapore, Singapore--(Newsfile Corp. - July 17, 2021) - Recently, the world-renowned cryptocurrency exchange Bitdogex has upgraded the security core of its entire web platform, from web to app, to ensure "bank-grade" security for global user transactions.\nDownload APP, you will be able to easily at any time, anywhere trading global mainstream, pop digital assets.\nTo view an enhanced version of this graphic, please visit:https://orders.newsfilecorp.com/files/7987/90552_1edb1f93d47b7b1b_001full.jpg\nBitdogex is headquartered in the Asian financial center of Singapore and is the world\'s leading new-generation cryptocurrency exchange. It is issued by the Monetary Authority of Singapore (MAS), the FinCEN Financial Crime Enforcement Bureau (MSB) of the United States and the Canadian FINTRAC Monetary Authority (MSB).\nAs a world-renowned leader in the blockchain industry, its digital asset trading platform is one of the service providers with a large number of global compliance licenses, and has offices in Asia Pacific, Europe, America and the Middle East or top financial institutions from all over the world expert. Bitdogex has the world\'s top security risk control system. Technical talents are gathered in the headquarters, and the total number of employees worldwide exceeds 1,000.\nBitdogex is committed to establishing a global ecological layout, with blockchain basic services as the core, and establishing a blockchain industry ecosystem integrating technology research and development, digital asset research, free capital investment, and information. The servers all adopt a professional distributed architecture and anti-DDOS attack system. Real-time trading technology at the microsecond level is implemented in the transaction. The order processing speed of the trading system reaches one million orders per second, which is hundreds of times faster than most competitive products. It supports more than 100 million simultaneous online users.\nThe platform mainly provides multiple derivatives trading objects such as BTC, ETH, LTC, BCH, XRP, EOS, etc., and provides legal currency over-the-counter transactions and currency-to-currency transactions. It uses a variety of types such as a brand-new and original full-warehouse trading system.\nBitdogex always adheres to the principle of user first, adhering to the service concept of fairness, openness and justice, and provides investors with a comprehensive service system. Bitdogex believes in the core ideas of Bitcoin and blockchain, and believes that distributed ledger and smart contract technology will build the foundation of human trust, eliminate transaction barriers, improve transaction efficiency, and have a significant impact on the real economy of mankind. Therefore, Bitdogex gave up many choices and devoted itself to the wave of the blockchain revolution wholeheartedly, hoping that something can be done for the world.\nMedia ContactContact: Yu ChenCompany Name: BitdogexWebsite:https://www.bitdogex.comEmail:[email protected]\nTo view the source version of this press release, please visithttps://www.newsfilecorp.com/release/90552', 'Singapore, Singapore--(Newsfile Corp. - July 17, 2021) - Recently, the wor **Last 60 Days of Bitcoin's Closing Prices:** [37002.44, 40782.74, 37304.69, 37536.63, 34770.58, 38705.98, 38402.22, 39294.20, 38436.97, 35697.61, 34616.07, 35678.13, 37332.86, 36684.93, 37575.18, 39208.77, 36894.41, 35551.96, 35862.38, 33560.71, 33472.63, 37345.12, 36702.60, 37334.40, 35552.52, 39097.86, 40218.48, 40406.27, 38347.06, 38053.50, 35787.25, 35615.87, 35698.30, 31676.69, 32505.66, 33723.03, 34662.44, 31637.78, 32186.28, 34649.64, 34434.34, 35867.78, 35040.84, 33572.12, 33897.05, 34668.55, 35287.78, 33746.00, 34235.20, 33855.33, 32877.37, 33798.01, 33520.52, 34240.19, 33155.85, 32702.03, 32822.35, 31780.73, 31421.54, 31533.07] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2021-07-18 **Financial & Commodity Data:** - Gold Closing Price: $1814.50 - Crude Oil Closing Price: $71.81 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $594,003,499,959 - Hash Rate: 97872242.0886884 - Transaction Count: 161122.0 - Unique Addresses: 422214.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.19 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: For the past few days, the price of bitcoin has been consolidating after a monumental correction, reaching the local low at $30,000. Many on-chain analysis indicators alsorecorded significant declines, going back to levels from before this year’s run. In today’s analysis, we present five on-chain indicators that are now recording levels of support that played important roles in previous bull markets. In this way, they provide arguments for the thesis that a deeper correction occurs around the middle of the bull market, the integrity of which remains intact. The price of bitcoin has been consolidating since itexperienced a monumental correctionon May 19 and dropped to $30,000. The decline was a record at 53.5% for this cycle, measured from the all-time high at $64,895. Bitcoin chart by Tradingview Since then, the price has respected the extensive range of $43,000 – $30,000. Over the past week, bitcoin has stabilized, tested the $40,000 resistance level twice, and is currently hovering around the $37,000 level. There are discussions about whether such a deep correction is a signal of the end of the cryptocurrency bull run, or if looking at the current market condition, it can be considered a“healthy correction” for the overheated bull market. The indicators of the on-chain analysis presented below seem to support the latter option and suggest that we are just in the middle of the bull market in this cycle. The first three long-term on-chain indicators give very similar signals: Percent Supply in Profit, MVRV, and Realized Profit/Loss Ratio. All of them are currently at levels that were crucial to hold in the middle of both previous cycles: 2012-2013 and 2016-2017. Their charts contain three common features: 1. Corrections from local peaks in the 2012-2013 cycle reached the current level (green circles). 2. Corrections from local peaks in the 2016-2017 cycle reached the current level (green circles). 3. The bull market in 2020-2021 started at the current level (blue circles). The first indicator is the Percent Supply in Profit. This metric determines the percentage of circulating coins in profit, i.e., the percentage of existing coins whose price at the time they last moved was lower than the current price. Percent Supply in Profit / Źródło: Glassnode Currently, around 72% of bitcoins are in profit compared to the price at which they were purchased. This value was hit several times after the first local peak in 2013. It also held twice as a support after corrections between May and August 2016 (green circles). The last time we recorded such a value several times was during the long, three-month consolidation between May and July 2020 (blue circle). The second indicator that tells a similar story is MVRV, which is the ratio between market capitalization and realized capitalization. It gives information about when the price is below its “fair value,” i.e., below one. MVRV / Źródło: Glassnode During the current correction, the MVRV approached the value of 1.8, where it dropped during the corrections of the previous cycles (green circles). In both cases, it was around the middle of the bull market, followed by an exponential phase of growth. The current bull market also started at this level when, after the aforementioned three-month consolidation, the BTC price moved towards new highs. Finally, the third example of our on-chain analysis pattern is the 14-day average of Realized Profit/Loss Ratio. It is the ratio between all coins moved at a profit and a loss. Realized Profit/Loss Ratio / Source: Glassnode The current value of this indicator is around 0.8, signifying a slight loss in the market. The long-term chart shows two bullish retests of this level in the previous two cycles (green circles). In the 2012-2013 cycle, the first retest took place before the first peak and the second after it. In the 2016-2017 cycle, both took place more or less in the middle of the bull market. This was before the main phase of growth but also before the breakthrough of the previous ATH. Interestingly, in the case of this indicator, we also had a retest of this level during the BTC correction in September 2020. It happened as bitcoin validated its previous resistance around $10,000 as support. Two more indicators of on-chain analysis can reinforce our narrative about the middle of the current bull market. The first is the Realized HODL Ratio. It uses a Realized Cap HODL Waves ratio and helps indicate an overheated market and possible macro peaks. Realized HODL Ration / Source: Glassnode The current value of this indicator fluctuates around 10,000. The sinusoidal chart is very similar to the movement from the middle of the 2012-2013 cycle (green circle). Where, after a strong increase, we had an extended consolidation. This region was also significant in the late phase of the 2016-2017 cycle (blue circle). However, its breakthrough quickly led to the last phase of the bull market. Finally, the last element of on-chain analysis that provides arguments for the middle of the current run is the famous Puell Multiple. It is calculated by dividing the daily issuance value of bitcoins by the 365-day moving average of daily issuance value. This indicator helped determine the previous macro tops for bitcoin that occurred when Puell Multiple hit the red region above 4. Today, its value is just 1.1 and has dropped to late 2020 levels. Puell Multiple / Source: Glassnode Interestingly, in the 2012-2013 cycle, we have not reached such a low level after the first peak. However, four years later, this area turned out to be important twice. What is more, it was even lost once in 2016 for several months and regained after. Nevertheless, it was again recorded around the middle of the cycle, and its retest allowed for a much higher BTC value at the peak of the bull market. In the above analysis, we presented five long-term indicators of on-chain analysis. They all provide arguments in favor of the thesis that the ongoing bitcoin correction occurs about halfway through the current bull market. If these levels are maintained – as in the 2012-2013 and 2016-2017 cycles – the next months may bring a strong continuation of the run and a journey towards new all-time highs for BTC. For BeInCrypto’s latest bitcoin (BTC) analysis,click here.... - Reddit Posts (Sample): [['u/ShotBot', 'About Jack Dorsey building a Bitcoin "defi" platform. How would it work? Is it competition for Ethereum?', 76, '2021-07-18 00:05', 'https://www.reddit.com/r/Bitcoin/comments/omdt4r/about_jack_dorsey_building_a_bitcoin_defi/', " \n\nBitcoin doesn't have ERC20 tokens or a programming language like Solidity, so the backend isn't going to be the same as ETH defi. However, I do believe you can create decentralized financial applications for bitcoin that on the frontend function the same for the users as ETH defi. It's going to be engineered with a different design philosophy and more centralized/decentralized in some areas, but accomplish the same goal for the user.\n\nAs we know, the weak point of Ethereum right now is the network fees, and I think Jack Dorsey is trying to hit Ethereum where it hurts. With the lightning network bitcoin fees are reduced to near 0. Another weak point for Ethereum Defi is user interface. If Jack Dorsey can build a platform with a more friendly and easy user experience, I could imagine Bitcoin Defi stealing some of Ethereum's thunder.", 'https://www.reddit.com/r/Bitcoin/comments/omdt4r/about_jack_dorsey_building_a_bitcoin_defi/', 'omdt4r', [['u/GeneralZex', 16, '2021-07-18 00:30', 'https://www.reddit.com/r/Bitcoin/comments/omdt4r/about_jack_dorsey_building_a_bitcoin_defi/h5kar9v/', 'There is already RootStock. And now there is also Stacks, but that sounds an awful lot like a shitcoin using Bitcoin for a small aspect of it to lay claim to “being powered by Bitcoin”. \n\nThat said I think taking advantage of the Lightning network for such (somehow) would be a good way to give it real legitimacy.', 'omdt4r'], ['u/shiroyashadanna', 12, '2021-07-18 00:57', 'https://www.reddit.com/r/Bitcoin/comments/omdt4r/about_jack_dorsey_building_a_bitcoin_defi/h5kdt2c/', 'No, Ethereum weak point is NOT the network fees, it’s the core design that is full of conflicts, especially with PoS.', 'omdt4r'], ['u/JSchuler99', 10, '2021-07-18 04:31', 'https://www.reddit.com/r/Bitcoin/comments/omdt4r/about_jack_dorsey_building_a_bitcoin_defi/h5l2b06/', 'Somehow = RGB', 'omdt4r'], ['u/n8dahwgg', 11, '2021-07-18 14:14', 'https://www.reddit.com/r/Bitcoin/comments/omdt4r/about_jack_dorsey_building_a_bitcoin_defi/h5mffn2/', 'Pretty dissimilar anology to be frank.', 'omdt4r']]], ['u/tripping_yarns', 'How I Sleep At Night - Staking and Compound Gains', 45, '2021-07-18 00:20', 'https://www.reddit.com/r/CryptoCurrency/comments/ome1ne/how_i_sleep_at_night_staking_and_compound_gains/', "Everybody knows the cliches, 'don't invest more than you can afford to lose', 'always DCA' and 'crypto is a long term investment'. And sticking to these should serve you well, but I'd just like to add another viewpoint that keeps me calm in unsettled markets.\n\nPretty soon, all of my Crypto, Bitcoin included will be earning a yield. Regardless of fluctuating prices the yield keeps coming in and is reinvested to benefit from the effect of compounding. \n\nFor example: I buy £1000 of coin X at £1 each, the yield is 7%. Using the rule of 72, (72/7 = 10.28) in just over ten years the principal has doubled, so I now have 2000 coins. That's a good return even if the price doesn't move at all (increased compounding frequency can shave some time off this figure).\n\nCompared to a bank savings account, if you cashed in your yield you would be getting £70pa. But what if the price drops by 50%? Your cashed out yield is worth £35. Still a 3.5% return on investment. Conversely, if the price doubles you are effectively getting 14% on your investment.\n\nWhen you add in a DCA approach and fluctuating prices the returns accelerate. If you spend the same £1000 after a 50% drop you now have 3000 coins. Once the coin returns to £1 your return is now 10.5%.\n\nI know there is lots of Lambo talk, but my approach is to never sell. I'll buy a Lambo when I can afford it out of the yield.\n\nIt can be stressful and euphoric watching the markets go up, down or crab. But if you know that all the time your capital is earning and compounding makes the journey far easier. Especially if you are indeed treating it like non-sexy long term savings.\n\nI also think diversification is key. You should also have a pension, index tracker and emergency cash (which you can now get a good return on via Nexo etc) as well as a diversification in coins.\n\nWith the Crypto cards on offer you can also earn as you spend, effectively increasing your portfolio.\n\nI sincerely believe that Crypto has passed the point of no return and that the probability of all of it going to zero is sub 1%.\n\nSo relax, zoom out, DCA whatever you can afford, stake, and let compounding work its magic. Your future self will thank you.", 'https://www.reddit.com/r/CryptoCurrency/comments/ome1ne/how_i_sleep_at_night_staking_and_compound_gains/', 'ome1ne', [['u/astockstonk', 12, '2021-07-18 00:23', 'https://www.reddit.com/r/CryptoCurrency/comments/ome1ne/how_i_sleep_at_night_staking_and_compound_gains/h5k9xjs/', 'Compound interest is an incredible thing. \n\nPeople can double their stake over the years just by holding and letting compound interest do its thing. \n\nA nice way to have a DCA into your staking coins without any more fiat needed.', 'ome1ne'], ['u/CaptainWelfare', 10, '2021-07-18 00:33', 'https://www.reddit.com/r/CryptoCurrency/comments/ome1ne/how_i_sleep_at_night_staking_and_compound_gains/h5kb2v0/', 'Important reminder: it’s dangerously devil-May-care to assume compound interest of 10 years in a market that is for all intents and purposes 10 years old.', 'ome1ne']]], ['u/halfpakihalffili', 'Bought my first bitcoin today!', 264, '2021-07-18 00:56', 'https://www.reddit.com/r/BitcoinBeginners/comments/omemko/bought_my_first_bitcoin_today/', "It's only $60 worth and took $12 to do a bank transfer through binance (as I don't have a credit card) but it's worth the experiment!! Any advice on how to transfer fiat cheaply without a credit card? I live in Saudi Arabia so I can't follow most of the advice given here.", 'https://www.reddit.com/r/BitcoinBeginners/comments/omemko/bought_my_first_bitcoin_today/', 'omemko', [['u/bitusher', 23, '2021-07-18 01:02', 'https://www.reddit.com/r/BitcoinBeginners/comments/omemko/bought_my_first_bitcoin_today/h5keczn/', 'Binance has extremely high withdrawal fees of 0.0005 BTC but if you buy very large amounts it could make sense to use\n\nOther exchanges popular in Saudi Arabia are\n\nhttps://www.rain.bh/\n\nhttps://bitoasis.net/\n\nhttps://www.coinmama.com/\n\nthat might be better for small amounts', 'omemko'], ['u/bwz3r', 47, '2021-07-18 04:11', 'https://www.reddit.com/r/BitcoinBeginners/comments/omemko/bought_my_first_bitcoin_today/h5kzz3q/', "Jeez $12 to buy $60 btc that's outrageous.", 'omemko']]], ['u/simmeredToasT', '** Tosses Red Meat Into A Pool of Piranhas', 31, '2021-07-18 01:13', 'https://www.reddit.com/r/Buttcoin/comments/omewil/tosses_red_meat_into_a_pool_of_piranhas/', "[Sploosh! 🥩](https://bitcoinmagazine.com/culture/stop-trying-to-understand-bitcoin)\n\nWhat's your favorite new enlightenment?", 'https://www.reddit.com/r/Buttcoin/comments/omewil/tosses_red_meat_into_a_pool_of_piranhas/', 'omewil', [['u/simmeredToasT', 17, '2021-07-18 01:16', 'https://www.reddit.com/r/Buttcoin/comments/omewil/tosses_red_meat_into_a_pool_of_piranhas/h5kftwz/', '>Plus, the earlier you get involved in Bitcoin and recognize that it could have value for you, the more you stand to gain as others come to realize the value Bitcoin can bring to their lives. \n> \n>The moment Bitcoin “clicks” will be the moment you look at its properties in context of what you need. The simplest, one sentence description of Bitcoin is often enough to do this: \n> \n>Bitcoin is an asset with a fixed, predictable supply that can be transported anywhere in the world in seconds and securely stored in your own brain. \n> \n>I’m not going to explain how any of that works, because frankly, you don’t need to know.\n\nVery much does **not** sound like a cult, amirite?', 'omewil'], ['u/TheAnalogKoala', 27, '2021-07-18 02:23', 'https://www.reddit.com/r/Buttcoin/comments/omewil/tosses_red_meat_into_a_pool_of_piranhas/h5kneed/', 'I enjoy when an article has rhetorical questions assuming I don’t understand how a phone or internet works, when in fact I do. \n\nI also understand Bitcoin, which is why I know it’s doomed.', 'omewil'], ['u/sirkowski', 38, '2021-07-18 03:27', 'https://www.reddit.com/r/Buttcoin/comments/omewil/tosses_red_meat_into_a_pool_of_piranhas/h5kuom7/', ">We often utilize complicated systems without understanding them, and this should be no different for Bitcoin.\n\nThis is dumb on so many levels I wouldn't know where to start.", 'omewil'], ['u/Bullywug', 36, '2021-07-18 05:19', 'https://www.reddit.com/r/Buttcoin/comments/omewil/tosses_red_meat_into_a_pool_of_piranhas/h5l7uwf/', '>Do you understand how the words on your screen were delivered to your device?\n\n>Do you know how TCP/IP or HTML work?\n\n>Do you know what those acronyms mean?\n\n>Do you know how the computer you’re holding converts bits of information into the photons reaching your eyes?\n\nYes?', 'omewil'], ['u/DjangoWexler', 19, '2021-07-18 05:26', 'https://www.reddit.com/r/Buttcoin/comments/omewil/tosses_red_meat_into_a_pool_of_piranhas/h5l8n0k/', 'Also there\'s a difference between *using* something and *investing* in it. I can play games on an xBox without taking an equity stake in Microsoft.\n\nNote how the pitch is never "and therefore you should use Bitcoin for its practical applications" (because of course there aren\'t any) but rather "and therefore you should buy it and wait for number to go up".', 'omewil'], ['u/greengenerosity', 19, '2021-07-18 07:41', 'https://www.reddit.com/r/Buttcoin/comments/omewil/tosses_red_meat_into_a_pool_of_piranhas/h5lm3lh/', "It is more that the person writing the article set a extremely high bar for what counts to actually understandi... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
30817.83, 29807.35, 32110.69, 32313.11, 33581.55, 34292.45, 35350.19, 37337.54, 39406.94, 39995.91
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['Bitcoin, BTC to USD, rose by 0.83% on Sunday. Following a 0.42% gain on Saturday, Bitcoin ended the week down by 7.09% to $31,820.0.\nA bullish start to the day saw Bitcoin rally to an early morning intraday high $32,453.0 before hitting reverse.\nBitcoin broke through the first major resistance level at $31,970 and the second major resistance level at $32,380.\nThe reversal, however, saw Bitcoin slide to an early afternoon intraday low $31,111.0.\nBitcoin fell through the first major support level at $31,180 before briefly revisiting $31,900 levels.\nComing up against resistance at $32,000, Bitcoin eased back to end the day at $31,800 levels.\nThe near-term bullish trend remained intact, in spite of the latest return to $31,000 levels. For the bears, Bitcoin would need a sustained fall through the 62% FIB of $27,237 to form a near-term bearish trend.\nAcross the rest of the majors, it was a mixed day on Sunday.\nCrypto.com Coinfell by 1.50% to lead the way down.\nLitecoin(-0.76%) andEthereum(-0.44%) also bucked the trend on the day.\nIt was a bullish day for the rest of the majors, however.\nBitcoin Cash SVrallied by 5.82% to lead the way, with Polkadot rising by 2.12%.\nBinance Coin(+0.53%),Cardano’s ADA(+0.76%),Chainlink(+0.97%), andRipple’s XRP(+0.73%) also found support.\nIt was a bearish week for the majors, however.\nChainlink (-15.58%) led the way down, with Cardano’s ADA (-12.39%), Polkadot (-11.96%), Crypto.com Coin (-11.94%), Ethereum (-11.67%), and Litecoin (-11.27%) also seeing heavy losses.\nBinance Coin (-6.14%), Bitcoin Cash SV (-4.39%), and Ripple’s XRP (-7.49%) saw relatively modest losses, however.\nIn the week, the crypto total market rose to a Monday high $1,419bn before falling to a Friday low $1,248bn. At the time of writing, the total market cap stood at $1,285bn.\nBitcoin’s dominance fell to a Thursday low 45.47% before rising to a Saturday high 46.86%. At the time of writing, Bitcoin’s dominance stood at 46.38%.\nAt the time of writing, Bitcoin was down by 0.04% to $31,806.0. A mixed start to the day saw Bitcoin fall to an early morning low $31,720.0 before rising to a high $31,921.0.\nBitcoin left the major support and resistance levels untested early on.\nElsewhere, it was a mixed start to the day.\nCardano’s ADA and Ripple’s XRP saw early losses of 0.10% and 0.09% respectively to join Bitcoin in the red.\nIt was a bullish start for the rest of the majors, however.\nAt the time of writing, Ethereum was up by 0.40% to lead the pack.\nBitcoin would need to avoid a fall back through the $31,794 pivot to bring the first major resistance level at $32,478 into play.\nSupport from the broader market would be needed for Bitcoin to break back through to $32,400 levels.\nBarring a broad-based crypto rally, the first major resistance level and Sunday’s high $32,453.0 would likely cap any upside.\nIn the event of an extended crypto rally, Bitcoin could test resistance at $33,500 before any pullback. The second major resistance level sits at $33,137.\nA fall back through the $31,795 pivot would bring the first major support level at $31,136 into play.\nBarring another extended sell-off on the day, Bitcoin should steer clear of sub-$30,000 levels. The second major support level at $30,453 should limit the downside.\nThisarticlewas originally posted on FX Empire\n• EOS, Stellar’s Lumen, and Tron’s TRX – Daily Analysis – July 19th, 2021\n• What You Need to Know about SPACs – Wall Street’s Hottest Trend\n• Ethereum, Litecoin, and Ripple’s XRP – Daily Tech Analysis – July 19th, 2021\n• Dogecoin – Daily Tech Analysis – July 19th, 2021\n• U.S Mortgage Rates Fall for a Third Week as COVID-19 Delivers Uncertainty\n• Earnings to Watch Next Week: IBM, Netflix, Coca-Cola, Twitter, Intel and American Express in Focus', 'Bitcoin , BTC to USD, rose by 0.83% on Sunday. Following a 0.42% gain on Saturday, Bitcoin ended the week down by 7.09% to $31,820.0. A bullish start to the day saw Bitcoin rally to an early morning intraday high $32,453.0 before hitting reverse. Bitcoin broke through the first major resistance level at $31,970 and the second major resistance level at $32,380. The reversal, however, saw Bitcoin slide to an early afternoon intraday low $31,111.0. Bitcoin fell through the first major support level at $31,180 before briefly revisiting $31,900 levels. Coming up against resistance at $32,000, Bitcoin eased back to end the day at $31,800 levels. The near-term bullish trend remained intact, in spite of the latest return to $31,000 levels. For the bears, Bitcoin would need a sustained fall through the 62% FIB of $27,237 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was a mixed day on Sunday. Crypto.com Coin fell by 1.50% to lead the way down. Litecoin (-0.76%) and Ethereum (-0.44%) also bucked the trend on the day. It was a bullish day for the rest of the majors, however. Bitcoin Cash SV rallied by 5.82% to lead the way, with Polkadot rising by 2.12%. Binance Coin (+0.53%), Cardano’s ADA (+0.76%), Chainlink (+0.97%), and Ripple’s XRP (+0.73%) also found support. It was a bearish week for the majors, however. Chainlink (-15.58%) led the way down, with Cardano’s ADA (-12.39%), Polkadot (-11.96%), Crypto.com Coin (-11.94%), Ethereum (-11.67%), and Litecoin (-11.27%) also seeing heavy losses. Binance Coin (-6.14%), Bitcoin Cash SV (-4.39%), and Ripple’s XRP (-7.49%) saw relatively modest losses, however. In the week, the crypto total market rose to a Monday high $1,419bn before falling to a Friday low $1,248bn. At the time of writing, the total market cap stood at $1,285bn. Bitcoin’s dominance fell to a Thursday low 45.47% before rising to a Saturday high 46.86%. At the time of writing, Bitcoin’s dominance stood at 46.38%. Story continues This Morning At the time of writing, Bitcoin was down by 0.04% to $31,806.0. A mixed start to the day saw Bitcoin fall to an early morning low $31,720.0 before rising to a high $31,921.0. Bitcoin left the major support and resistance levels untested early on. Elsewhere, it was a mixed start to the day. Cardano’s ADA and Ripple’s XRP saw early losses of 0.10% and 0.09% respectively to join Bitcoin in the red. It was a bullish start for the rest of the majors, however. At the time of writing, Ethereum was up by 0.40% to lead the pack. For the Bitcoin Day Ahead Bitcoin would need to avoid a fall back through the $31,794 pivot to bring the first major resistance level at $32,478 into play. Support from the broader market would be needed for Bitcoin to break back through to $32,400 levels. Barring a broad-based crypto rally, the first major resistance level and Sunday’s high $32,453.0 would likely cap any upside. In the event of an extended crypto rally, Bitcoin could test resistance at $33,500 before any pullback. The second major resistance level sits at $33,137. A fall back through the $31,795 pivot would bring the first major support level at $31,136 into play. Barring another extended sell-off on the day, Bitcoin should steer clear of sub-$30,000 levels. The second major support level at $30,453 should limit the downside. This article was originally posted on FX Empire More From FXEMPIRE: EOS, Stellar’s Lumen, and Tron’s TRX – Daily Analysis – July 19th, 2021 What You Need to Know about SPACs – Wall Street’s Hottest Trend Ethereum, Litecoin, and Ripple’s XRP – Daily Tech Analysis – July 19th, 2021 Dogecoin – Daily Tech Analysis – July 19th, 2021 U.S Mortgage Rates Fall for a Third Week as COVID-19 Delivers Uncertainty Earnings to Watch Next Week: IBM, Netflix, Coca-Cola, Twitter, Intel and American Express in Focus', 'Earlier in the Day: It was a particularly quiet start to the day on the economic calendar this morning. There were no material stats to provide the majors with direction in the early hours. The lack of stats left the markets to consider COVID-19 news updates from the weekend and plans to combat the pandemic. For the Majors At the time of writing, the Japanese Yen was up by 0.18% to ¥109.870 against the U.S Dollar, while the Aussie Dollar was down by 0.24% to $0.7383. The Kiwi Dollar was down by 0.17% to $0.6987. The Day Ahead For the EUR It’s a quiet day ahead on the economic data front. There are no material stats to provide the EUR with direction. The lack of stats will leave the EUR in the hands of COVID-19 news updates, as the Delta variant continues to push new cases northwards. At the time of writing, the EUR was flat at $1.1806. For the Pound It’s also a quiet day ahead on the economic calendar , with no major stats from the UK to consider later today. On the monetary policy front, BoE member Haskel is due to speak late in the day. Expect any views on the economic outlook, COVID-19, or monetary policy to influence. Away from the economic calendar, COVID-19 news updates will also need monitoring. Any announcement by the UK government to delay removing existing restrictions would test support for the Pound. At the time of writing, the Pound was down by 0.05% to $1.3760. Across the Pond It’s a particularly quiet day ahead on the economic calendar . There are no major stats to provide the Dollar and the broader markets with direction later in the day. The lack of stats will leave the Dollar in the hands of FOMC member chatter and COVID-19 news. At the time of writing, the Dollar Spot Index was up by 0.02% to 92.705. For the Loonie It’s also quiet day ahead on the economic data front. There are no material stats to provide the Loonie with direction. A lack of stats will leave market risk sentiment as the key driver on the day. At the time of writing, the Loonie was down by 0.11% to C$1.2627 against the U.S Dollar. Story continues For a look at all of today’s economic events, check out our economic calendar . This article was originally posted on FX Empire More From FXEMPIRE: Bitcoin and Ethereum – Weekly Technical Analysis – July 19th, 2021 A Quiet Economic Calendar Leaves Central Bank Chatter and COVID-19 i **Last 60 Days of Bitcoin's Closing Prices:** [40782.74, 37304.69, 37536.63, 34770.58, 38705.98, 38402.22, 39294.20, 38436.97, 35697.61, 34616.07, 35678.13, 37332.86, 36684.93, 37575.18, 39208.77, 36894.41, 35551.96, 35862.38, 33560.71, 33472.63, 37345.12, 36702.60, 37334.40, 35552.52, 39097.86, 40218.48, 40406.27, 38347.06, 38053.50, 35787.25, 35615.87, 35698.30, 31676.69, 32505.66, 33723.03, 34662.44, 31637.78, 32186.28, 34649.64, 34434.34, 35867.78, 35040.84, 33572.12, 33897.05, 34668.55, 35287.78, 33746.00, 34235.20, 33855.33, 32877.37, 33798.01, 33520.52, 34240.19, 33155.85, 32702.03, 32822.35, 31780.73, 31421.54, 31533.07, 31796.81] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2021-07-19 **Financial & Commodity Data:** - Gold Closing Price: $1808.70 - Crude Oil Closing Price: $66.42 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $588,071,138,988 - Hash Rate: 115543619.13247934 - Transaction Count: 226803.0 - Unique Addresses: 552678.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.24 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Price charts forbitcoinandethermight be turning bullish after a month of market stagnation, potentially offering respite in the coming weeks, a new analysis shows. • Bitcoin’s weekly stochastic oscillator has turned up from an oversold level or below 20, signaling the possibility of a near-term “relief rally,” according to Katie Stockton, founder and managing partner of Fairlead Strategies. • Seasoned traders use the oscillator in conjunction with other indicators to gauge oversold and overbought conditions, which act as triggers for long and short trade entries. A reading below 20 implies oversold conditions, while an above-80 print indicates an overbought market. • In bitcoin’s case, the weekly stochastic’s positive turnaround is accompanied by a buy signal on the daily and weekly chart DeMark Indicators, as noted by Stockton in a weekly research note. According to Investopedia, DeMark indicators compare the most recent maximum and minimum prices to the previous period’s equivalent price to measure the demand of the underlying asset. • Thus, bitcoin appears poised for a more substantial relief rally – a price bounce due to seller exhaustion. The cryptocurrency is currently trading at 2.5-week highs above $40,000, representing an 8% gain on a 24-hour basis. • According to Stockton, an initial resistance for bitcoin is near $47,000, which, if breached, would open the doors for further gains. However, Pankaj Balani, CEO of Delta Exchange, expects fresh sellers to step in above $45,000. Ether, the native token of Ethereum’s blockchain, could also benefit from a shift in the price-chart indicators. “The daily and weekly stochastics have turned up, supporting a near-term relief rally and test of initial resistance near $3,000,” Stockton said. Related:3 Things to Watch for Before Calling a Bitcoin Bottom The second-largest cryptocurrency has faced multiple rejections in the range of $2,800-$3,000 since late May. • Bitcoin Stalls at Resistance; Lower Support at $36K • Umee Raises $6.3M to Connect Cosmos and Ethereum With Cross-Chain DeFi • DeFi Projects Continue Flocking to Layer 2 Solution Polygon... - Reddit Posts (Sample): [['u/coconut_steak', 'New BlockFi credit card looks and feels cheap?', 51, '2021-07-19 01:24', 'https://www.reddit.com/r/blockfi/comments/on1ynp/new_blockfi_credit_card_looks_and_feels_cheap/', "I am lucky enough to have received the BlockFi credit card early access group as many of you have. But after receiving the card I was immediately unimpressed by how it looked and felt. \n\nThis is in contrast to all of my other credit and debit cards. For instance, I have the crypto dot com debit card, and if you've ever held one of those you can feel a real weight and solid construction of the metal material. People love to talk about how it just feels premium. \n\nBut when I showed my girlfriend the new BlockFi card she said that it seems cheap looking and feeling. Also, when I used it my first time, the cashier swiped it in the card reader, and from the very first swipe, it scratched the card with many lines. The card is light and the black color looks cheap and thin. I'm also surprised that the card is making the Bitcoin logo look so cheap. \n\nDoes anyone else get this impression from the card? Do I just have an early access card that is different than the actual card releasing later?", 'https://www.reddit.com/r/blockfi/comments/on1ynp/new_blockfi_credit_card_looks_and_feels_cheap/', 'on1ynp', [['u/BeefromtheSea', 28, '2021-07-19 01:31', 'https://www.reddit.com/r/blockfi/comments/on1ynp/new_blockfi_credit_card_looks_and_feels_cheap/h5ovyuq/', 'I have also been spoiled by metallic cards. All others feel so cheap now. :-(', 'on1ynp'], ['u/Rich-Practice778', 16, '2021-07-19 01:35', 'https://www.reddit.com/r/blockfi/comments/on1ynp/new_blockfi_credit_card_looks_and_feels_cheap/h5owhmb/', 'Me too 😅. I love my Amazon Metal Visa card.', 'on1ynp'], ['u/Upstairs_Answer8740', 22, '2021-07-19 01:45', 'https://www.reddit.com/r/blockfi/comments/on1ynp/new_blockfi_credit_card_looks_and_feels_cheap/h5oxq8l/', 'This card just has a metal slug to add weight. I was a bit let down when I received it too. It’s also not tap to pay which is unfortunate. The rewards are fun at least lol. I hope they do change the design of this card to be fully metal in the center.', 'on1ynp'], ['u/Coinninlingus17', 28, '2021-07-19 03:21', 'https://www.reddit.com/r/blockfi/comments/on1ynp/new_blockfi_credit_card_looks_and_feels_cheap/h5p9h6v/', "It's a credit card, relax. 🤣", 'on1ynp'], ['u/the_man_inside_you', 17, '2021-07-19 03:50', 'https://www.reddit.com/r/blockfi/comments/on1ynp/new_blockfi_credit_card_looks_and_feels_cheap/h5pcvd1/', "I have a couple metal cards. I don't understand why they are so fetishized. They are a pain in the ass to shred, the metal always splits off the card, the touch to pay doesn't seem to work as well, and the magnetic reader part always seems to wear out faster than the plastic ones. Maybe I'm just getting old but I'd rather just have a plastic card as it has none of the down sides I've just listed. But to each their own I suppose.", 'on1ynp']]], ['u/craigbarrettesquire', 'MY THOUGHTS ON THE CELSIUS NETWORK', 61, '2021-07-19 01:39', 'https://www.reddit.com/r/CelsiusNetwork/comments/on27lq/my_thoughts_on_the_celsius_network/', 'I have been testing the CelsiusNetwork for a few months now. I evaluate a platform like Celsius by a few factors: 1) how easily and quickly I can transfer my crypto from the platform to my cold wallet; 2) the reasonableness of the fees; 3) the benefit inherent to the platform (i.e., interest rates/loan access) in exchange for having my crypto on the platform; and, 4) the ease of use. Based on the multiple transactions I have executed on the Celsius platform, I will say that they do extremely well based on my evaluation criteria and outperform many of their competitors in the market--who I will not name. I have had no issues with withdrawing crypto and sending to my cold wallet. The Celsius network has covered withdrawal fees, which is a huge plus. Additionally, The interest rates on eth (5,35%), btc (6,2%), and usdc (8.8% at the time of this writing) are among the highest in the industry. Furthermore, the access to collateralized loans are quick and easy and just as easy to navigate should you decide to cancel the loan application. These financial options are truly creating an environment where banking no longer requires one to be dependent upon legacy institutions that offer little to individual in terms of value. the downside however is this: On boarding crypto from your bank account can be cumbersome, as there does not seem to be a direct way to do an ACH transfer from your bank. Thus it requires onboarding, for example, USDC from a centralized exchange and then transferring that crypto from the exchange wallet to your Celsius wallet. Although cumbersome, it may be preferred to purchasing crypto using a credit card, which may incur fees as high as 3.5%. In all, I think Celsius is a great tool especially in a down or bear market. You can earn impressive interest rates in your deposited crypto to mitigate interim loss of value; and you get paid in the percentage of the crypto deposited therefore earning more crypto in advance of a bull run; or you can borrow against your crypto in the downturn to "buy the dip" at an extremely low interest rate (1% if your LTV is 25%)--all the while not selling your crypto at a loss. In the end you are in control and can create your own strategy tat best suites your needs and risk tolerance. (THIS IS NOT FINANCIAL ADVICE BUT MERELY AN OBSERVATION OF THE PLETHORA OF BENEFITS OF THE CELSIUS NETWORK.)', 'https://www.reddit.com/r/CelsiusNetwork/comments/on27lq/my_thoughts_on_the_celsius_network/', 'on27lq', [['u/EricoS1970', 20, '2021-07-19 01:41', 'https://www.reddit.com/r/CelsiusNetwork/comments/on27lq/my_thoughts_on_the_celsius_network/h5ox7wm/', 'My experience is also positive.', 'on27lq'], ['u/PolarBearToeNails99', 16, '2021-07-19 03:26', 'https://www.reddit.com/r/CelsiusNetwork/comments/on27lq/my_thoughts_on_the_celsius_network/h5pa2ee/', 'I agree. I’ve had zero issues with Celsius. I’ll keep my supported crypto assets there as long as their service stays top-notch.', 'on27lq'], ['u/irngynt', 10, '2021-07-19 03:53', 'https://www.reddit.com/r/CelsiusNetwork/comments/on27lq/my_thoughts_on_the_celsius_network/h5pdbf8/', 'Dipped my toe in last week. So far so good. Plan on adding more.', 'on27lq']]], ['u/MuchachoMunch', 'To the guy who said "We\'re still early because we have no Bitcoin Rule 34 art yet!" I have some bad news pal (Imgur Link)', 77, '2021-07-19 01:43', 'https://www.reddit.com/r/CryptoCurrency/comments/on2a5x/to_the_guy_who_said_were_still_early_because_we/', '[sorta nsfw](https://imgur.com/a/sh1x6DK)\n\nThis honestly made me laugh a little too hard (I think I found it in a mental outlaw video) Its called the waifu project and you can buy sell and trade anime girls. They have them for ETH, BTC, XMR and anything you can think of really. Rule 34 stays true and since BTC is real so is its \\*ahem\\* content.', 'https://www.reddit.com/r/CryptoCurrency/comments/on2a5x/to_the_guy_who_said_were_still_early_because_we/', 'on2a5x', [['u/DegreeBroad2250', 24, '2021-07-19 01:45', 'https://www.reddit.com/r/CryptoCurrency/comments/on2a5x/to_the_guy_who_said_were_still_early_because_we/h5oxoz4/', 'What about anime boys?we girls are offended!!', 'on2a5x'], ['u/MuchachoMunch', 13, '2021-07-19 01:48', 'https://www.reddit.com/r/CryptoCurrency/comments/on2a5x/to_the_guy_who_said_were_still_early_because_we/h5oxzx8/', 'Lol try and get in contact with the waifu project', 'on2a5x']]], ['u/Killakoch', 'Where to store Bitcoin that I acquire slowly?', 12, '2021-07-19 02:15', 'https://www.reddit.com/r/BitcoinBeginners/comments/on2tdd/where_to_store_bitcoin_that_i_acquire_slowly/', "Hello, \n\nI plan to start purchasing a small amount of bitcoin on a set schedule. I live in NY so my only option is Coinbase pro. Considering how much it costs to transfer BTC, where should I store my bitcoins? I'm trying to avoid spending money on excess and unnecessary fees.\n\nIs leaving them on coinbase or coinbase pro a safe option for long term hodling? Should I send them to a cold storage when it reaches a certain amount, or just bite the fees and send it on a monthly basis?\n\nAll opinions appreciated.", 'https://www.reddit.com/r/BitcoinBeginners/comments/on2tdd/where_to_store_bitcoin_that_i_acquire_slowly/', 'on2tdd', [['u/TheGreatMuffin', 16, '2021-07-19 04:20', 'https://www.reddit.com/r/BitcoinBeginners/comments/on2tdd/where_to_store_bitcoin_that_i_acquire_slowly/h5pgdxv/', "> Is leaving them on coinbase or coinbase pro a safe option for long term hodling? \n\nImagine you are going to a shop to buy some food and after you're done, you leave your wallet at the cashier, so you don't have to take it back home and bring again the next time you go to the same shop. It's a bit more convenient, cause you don't have to think about it when going to the shop again, you never can forget it at home and you don't need to carry the extra weight on your way. \n\nBut is the convenience really worth it? What if the store gets robbed? Your money will be gone. What if new regulations require the cashier to ask for an ID every time you want to get some money out of your wallet? What is the cashier suspects you of some fraud? What if they simply feel like stealing your money? Are you ok with those risks for the tiny bit of increased convenience? \n\nWell, the honest answer is: it's up to you. It's your money after all. But there are also [some more arguments](https://old.reddit.com/r/BitcoinBeginners/comments/ghd9fu/downsides_of_keeping_bitcoin_on_trading_app/fq87ri9/) why you should not store your coins on an exchange. \n\nYou can choose a wallet here: https://www.lopp.net/bitcoin-information/recommended-wallets.html \n\nor here: https://bitcoin.org/en/choose-your-wallet \n\nStorage best practices: https://bitcoin-intro.com/en/backup", 'on2tdd']]], ['u/Selphwraith_Fallen', 'Sell ... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
29807.35, 32110.69, 32313.11, 33581.55, 34292.45, 35350.19, 37337.54, 39406.94, 39995.91, 40008.42
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['Miami, FL, July 19, 2021 (GLOBE NEWSWIRE) -- (via Blockchain Wire ) Ledger and KEY Difference Media (KDM) , two companies dedicated to the propagation and multidimensional use of blockchain technology and all its existing and future applications as part of the 4th industrial revolution are working together to promote Ledger’s School of Block. KEY Difference Media is a blockchain full suite marketing agency with an impressive 15 years track record within the content marketing space and prominent blockchain player since 2013. KEY Difference Media has worked with the earliest of the gaming companies that incorporated Bitcoin as a payment option to the earliest of exchanges, token sales, NFTs and multiverses. As a 350+ experts team, KEY Difference Media offers advisory, content marketing, influencer marketing, and public relations, among many other services. Ledger is a reputable blockchain security and infrastructure solution provider launched in 2014 by eight experts with complementary backgrounds in embedded security, cryptocurrencies and entrepreneurship. They provide hardware and software wallets with tamper-proof chips to help users safeguard digital assets and protect them against malicious attacks. Both KEY Difference Media and Ledger have been around in the blockchain industry long enough to acknowledge that the proper knowledge is not readily accessible for novices or experts alike in this space. That is why they have come together to promote the latest brainchild of the Ledger company, School of Block. “School of Block is a Blockchain education initiative that aims to bring the fundamentals of Blockchain technology and the opportunities that abound within the space to everyone, no matter their previous level of education. School of Block fills a void that desperately needs to be filled. Before this, blockchain education was boring, overwhelming, and uninspiring, with many technical terms being thrown around until the students became effectively bamboozled.” - Karnika E. Yashwant (Mr. KEY) , CEO, KEY Difference Media . Story continues This dearth of valuable and dynamic education inspired Ledger to roll out its School of Block academy. Some of the quality that School of Block provides include - The lectures are delivered in short bursts so that students can complete each lecture at once. The lessons are fun with many graphical and real-life applications to bring the point closer to home. Verifiable information sourced from the most trustworthy origins to prevent students from getting thrown around by conflicting opinions. Equipping students to be self-sufficient learners and followers of the Blockchain, instead of being spoon-fed all their lives without any independence of thought or curiosity. To learn more about KEY Difference Media, their process and success, click here . Contact: Foivos Floros KEY Difference Media [email protected]', 'Miami, FL, July 19, 2021 (GLOBE NEWSWIRE) -- (via Blockchain Wire ) Ledger and KEY Difference Media (KDM) , two companies dedicated to the propagation and multidimensional use of blockchain technology and all its existing and future applications as part of the 4th industrial revolution are working together to promote Ledger’s School of Block. KEY Difference Media is a blockchain full suite marketing agency with an impressive 15 years track record within the content marketing space and prominent blockchain player since 2013. KEY Difference Media has worked with the earliest of the gaming companies that incorporated Bitcoin as a payment option to the earliest of exchanges, token sales, NFTs and multiverses. As a 350+ experts team, KEY Difference Media offers advisory, content marketing, influencer marketing, and public relations, among many other services. Ledger is a reputable blockchain security and infrastructure solution provider launched in 2014 by eight experts with complementary backgrounds in embedded security, cryptocurrencies and entrepreneurship. They provide hardware and software wallets with tamper-proof chips to help users safeguard digital assets and protect them against malicious attacks. Both KEY Difference Media and Ledger have been around in the blockchain industry long enough to acknowledge that the proper knowledge is not readily accessible for novices or experts alike in this space. That is why they have come together to promote the latest brainchild of the Ledger company, School of Block. “School of Block is a Blockchain education initiative that aims to bring the fundamentals of Blockchain technology and the opportunities that abound within the space to everyone, no matter their previous level of education. School of Block fills a void that desperately needs to be filled. Before this, blockchain education was boring, overwhelming, and uninspiring, with many technical terms being thrown around until the students became effectively bamboozled.” - Karnika E. Yashwant (Mr. KEY) , CEO, KEY Difference Media . Story continues This dearth of valuable and dynamic education inspired Ledger to roll out its School of Block academy. Some of the quality that School of Block provides include - The lectures are delivered in short bursts so that students can complete each lecture at once. The lessons are fun with many graphical and real-life applications to bring the point closer to home. Verifiable information sourced from the most trustworthy origins to prevent students from getting thrown around by conflicting opinions. Equipping students to be self-sufficient learners and followers of the Blockchain, instead of being spoon-fed all their lives without any independence of thought or curiosity. To learn more about KEY Difference Media, their process and success, click here . Contact: Foivos Floros KEY Difference Media [email protected]', 'Bitcoin dropped below $30,000, breaking below a trading range that had held for the past four weeks and potentially setting up the largest cryptocurrency for deeper price declines. The cryptocurrency was trading around $29,998 at press time and is down about 5% over the past week. Bitcoin has been locked in the broad price range of $30,000 to $40,000 since mid-May, and briefly broke below the $30,000 mark on June 22 . The cryptocurrency fleetingly traded at $29,700 a day after the People\x92s Bank of China ordered the country\x92s major financial institutions to stop facilitating crypto transactions. Related: Ether Falls Toward $1.7K as Bitcoin’s Price Drop Weighs on Broader Market \x93I am expecting a strong dip towards $22K,\x94 said Patrick Heusser, head of trading at Crypto Finance AG, in a telegram interview on Monday. Wall Street is seeing \x93too much froth\x94 and current virus jitters are triggering widespread panic selling of every top performing asset, with bitcoin being right at the top of this list, according to Edward Moya, senior market analyst at Oanda. Moya said that bitcoin could be vulnerable to a flash crash towards the $20,000 level which \x93should attract many institutional buyers that have been waiting patiently on the sidelines,\x94 \x93If the stock market selloff intensifies, bitcoin and Ethereum will easily extend their declines,\x94 said Moya. Related: Bitcoin Struggles Below $30K; Next Support at $27K Katie Stockton, founder and managing partner of Fairlead Strategies, said that the consolidation phase bitcoin is currently experiencing is \x93neutral.\x94 But in her view, she said, \x93a breakout is more likely than a breakdown.\x94 In April, the bitcoin network was \x93so vibrant, it wasn\x92t difficult supporting prices above $50K,\x94 said Charles Morris, founder of ByteTree Asset Management. However, in recent weeks, Morris said, the level of network activity has collapsed. Story continues \x93Now it is more in keeping with a $15K bitcoin price than a $50K,\x94 he said. Bitcoin peaked just below $65,000 in mid-April. Related Stories Market Wrap: Sentiment Away From Risk Sends Bitcoin Toward $30K Bitcoin Miner Iris Energy Aims to Raise $200M in Funding Before Nasdaq Listing: Report', 'Bitcoindropped below $30,000, breaking below a trading range that had held for the past four weeks and potentially setting up the largest cryptocurrency for deeper price declines.\nThe cryptocurrency was trading around $29,998 at press time and is down about 5% over the past week.\nBitcoin has been locked in the broad price range of $30,000 to $40,000 sincemid-May,and briefly broke below the $30,000 mark onJune 22. The cryptocurrency fleetingly traded at $29,700 a day after the People’s Bank of Chinaorderedthe country’s major financial institutions to stop facilitating crypto transactions.\nRelated:Ether Falls Toward $1.7K as Bitcoin’s Price Drop Weighs on Broader Market\n“I am expecting a strong dip towards $22K,” said Patrick Heusser, head of trading at Crypto Finance AG, in a telegram interview on Monday.\nWall Street is seeing “too much froth” and current virus jitters are triggering widespread panic selling of every top performing asset, withbitcoinbeing right at the top of this list, according to Edward Moya, senior market analyst at Oanda.\nMoya said that bitcoin could be vulnerable to a flash crash towards the $20,000 level which “should attract many institutional buyers that have been waiting patiently on the sidelines,”\n“If the stock market selloff intensifies, bitcoin and Ethereum will easily extend their declines,” said Moya.\nRelated:Bitcoin Struggles Below $30K; Next Support at $27K\nKatie Stockton, founder and managing partner of Fairlead Strategies, said that the consolidation phase bitcoin is currently experiencing is “neutral.”\nBut in her view, she said, “a breakout is more likely than a breakdown.”\nIn April, the bitcoin network was “so vibrant, it wasn’t difficult supporting prices above $50K,” said Charles Morris, founder of ByteTree Asset Management.\nHowever, in recent weeks, Morris said, the level of network activity has collapsed.\n“Now it is more in keeping with **Last 60 Days of Bitcoin's Closing Prices:** [37304.69, 37536.63, 34770.58, 38705.98, 38402.22, 39294.20, 38436.97, 35697.61, 34616.07, 35678.13, 37332.86, 36684.93, 37575.18, 39208.77, 36894.41, 35551.96, 35862.38, 33560.71, 33472.63, 37345.12, 36702.60, 37334.40, 35552.52, 39097.86, 40218.48, 40406.27, 38347.06, 38053.50, 35787.25, 35615.87, 35698.30, 31676.69, 32505.66, 33723.03, 34662.44, 31637.78, 32186.28, 34649.64, 34434.34, 35867.78, 35040.84, 33572.12, 33897.05, 34668.55, 35287.78, 33746.00, 34235.20, 33855.33, 32877.37, 33798.01, 33520.52, 34240.19, 33155.85, 32702.03, 32822.35, 31780.73, 31421.54, 31533.07, 31796.81, 30817.83] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2021-07-20 **Financial & Commodity Data:** - Gold Closing Price: $1810.90 - Crude Oil Closing Price: $67.42 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $554,953,016,172 - Hash Rate: 82919538.43624988 - Transaction Count: 230509.0 - Unique Addresses: 571829.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.19 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Using Binaryx Companies Can Diversify their Portfolio Without the Challenges of Buying and Safekeeping Digital Assets Directly TALLINN, ESTONIA / ACCESSWIRE / July 15, 2021 /Binaryx, European digital asset exchange, launches a new service, offering businesses indirect exposure to Bitcoin and other digital assets. Investing in a number of popular cryptocurrencies via Binaryx could be safer and easier for companies than holding the digital currency directly. 'Many businesses aim to hold cryptocurrencies to hedge risks, and we strive to create flawless services and conditions to help them allocate their funds in different assets to lower risks and achieve greater liquidity.' - comments Oleg Kurchenko, founder and CEO of Binaryx. Binaryx offers custody accounts, allowing clients to securely acquire and hold and withdraw crypto and digital assets. To buy or sell large volumes of Bitcoins or other cryptocurrencies, Binaryx offers OTC trading services to avoid unfavorable price movements. Many businesses view the recent interest in Bitcoin shown by public companies as a sign to follow the trend. Large public companies like MicroStrategy, Galaxy Digital, Goldman Sachs, started to diversify their portfolios with digital assets in August 2020. According to CoinGecko, public companies currently hold over 193k of Bitcoin (equivalent $6,5 billions), which is 5% of all Bitcoin, and this amount grows exponentially. In addition, 3% of all Bitcoins in circulation belongs to Grayscale, a well-established authority in cryptocurrency asset management, which holds crypto assets for other businesses. Taking into account the growing trend, Binaryx opens the opportunity for the European companies to consider the idea of holding Bitcoin and other cryptocurrencies. About Binaryx Binaryx is a digital asset exchange that enables buying, exchanging, and storing cryptocurrencies and other digital assets. With offices in Estonia and Ukraine, Binaryx builds a new generation financial ecosystem with asset tokenization in the center of its focus. The company was established in 2019. Binaryx is licensed to conduct trading operations and is operated by BinaryxOÜ, a company registered in Estonia under registry code 14819844, licensed by Politseija Piirivalveamet. Media Contact Company: BinaryxContact: Media TeamE-mail:[email protected]:https://www.binaryx.com/Facebook:https://www.facebook.com/binaryx.exchange/Twitter:https://twitter.com/binaryx_en SOURCE:Binaryx View source version on accesswire.com:https://www.accesswire.com/655702/Digital-Asset-Exchange-Binaryx-Offers-Businesses-to-Put-Bitcoin-on-Their-Balance-Sheet... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
32110.69, 32313.11, 33581.55, 34292.45, 35350.19, 37337.54, 39406.94, 39995.91, 40008.42, 42235.55
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['Bitcoin , BTC to USD, slid by 3.42% on Tuesday. Following a 3.00% decline on Monday, Bitcoin ended the day at $29,809.0. A mixed start to the day saw Bitcoin rise to an early morning intraday high $31,079.0 before hitting reverse. Falling short of the first major resistance level at $31,695, Bitcoin slid to an early afternoon intraday low $29,313.0. Bitcoin fell through the first major support level at $30,267 and the second major support level at $29,670. Steering clear of sub-$29,000 levels, however, Bitcoin revisited $30,000 levels before falling back. The partial recovery saw Bitcoin move back through the second major support level to end the day at $29,800 levels. The near-term bullish trend remained intact, in spite of the latest return to $29,000 levels. For the bears, Bitcoin would need a sustained fall through the 62% FIB of $27,237 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was a bearish day on Tuesday. Bitcoin Cash SV tumbled by 10.75% to lead the way down. Binance Coin (-5.71%), Cardano’s ADA (-6.02%), Chainlink (-5.13%), Crypto.com Coin (-3.31%), Litecoin (-5.21%), and Ripple’s XRP (-5.22%) also ended the day in the deep red. Ethereum (-1.76%) and Polkadot (-0.98%) saw relatively modest losses on the day. Early in the week, the crypto total market rose to an early Monday high $1,299bn before falling to a Tuesday low $1,154bn. At the time of writing, the total market cap stood at $1,193bn. Bitcoin’s dominance fell to a Monday low 46.06% before rising to a Tuesday high 47.62%. At the time of writing, Bitcoin’s dominance stood at 46.76%. This Morning At the time of writing, Bitcoin was down 0.17% to $29,757.0. A mixed start to the day saw Bitcoin rise to an early morning high $29,867.0 before falling to a low $29,734.0. Bitcoin left the major support and resistance levels untested early on. Elsewhere, it was a bearish start to the day. At the time of writing, Crypto.com Coin was down by 0.98% to lead the way down. Story continues For the Bitcoin Day Ahead Bitcoin would need to move through the $30,067 pivot to bring the first major resistance level at $30,821 into play. Support from the broader market would be needed for Bitcoin to break out from $30,500 levels. Barring a broad-based crypto rally, the first major resistance level and Tuesday’s high $31,079.0 would likely cap any upside. In the event of an extended crypto rally, Bitcoin could test resistance at $32,000 before any pullback. The second major resistance level sits at $31,833. Failure to move through the $30,067 pivot would bring the first major support level at $29,055 into play. Barring another extended sell-off on the day, Bitcoin should steer clear of sub-$28,000 levels. The second major support level at $28,301 should limit the downside. This article was originally posted on FX Empire More From FXEMPIRE: The Crypto Daily – Movers and Shakers – July 21st, 2021 Costco Shares Attract Big Money Crude Oil Price Update – Posting Closing Price Reversal Bottom Ahead of API Inventories Report Dogecoin – Daily Tech Analysis –July 21st, 2021 Sam Bankman-Fried Is Changing The Game After FTX Raises A Record $900 Million EOS, Stellar’s Lumen, and Tron’s TRX – Daily Analysis – July 21st, 2021', 'Bitcoin, BTC to USD, slid by 3.42% on Tuesday. Following a 3.00% decline on Monday, Bitcoin ended the day at $29,809.0.\nA mixed start to the day saw Bitcoin rise to an early morning intraday high $31,079.0 before hitting reverse.\nFalling short of the first major resistance level at $31,695, Bitcoin slid to an early afternoon intraday low $29,313.0.\nBitcoin fell through the first major support level at $30,267 and the second major support level at $29,670.\nSteering clear of sub-$29,000 levels, however, Bitcoin revisited $30,000 levels before falling back.\nThe partial recovery saw Bitcoin move back through the second major support level to end the day at $29,800 levels.\nThe near-term bullish trend remained intact, in spite of the latest return to $29,000 levels. For the bears, Bitcoin would need a sustained fall through the 62% FIB of $27,237 to form a near-term bearish trend.\nAcross the rest of the majors, it was a bearish day on Tuesday.\nBitcoin Cash SVtumbled by 10.75% to lead the way down.\nBinance Coin(-5.71%),Cardano’s ADA(-6.02%),Chainlink(-5.13%),Crypto.com Coin(-3.31%),Litecoin(-5.21%), andRipple’s XRP(-5.22%) also ended the day in the deep red.\nEthereum(-1.76%) and Polkadot (-0.98%) saw relatively modest losses on the day.\nEarly in the week, the crypto total market rose to an early Monday high $1,299bn before falling to a Tuesday low $1,154bn. At the time of writing, the total market cap stood at $1,193bn.\nBitcoin’s dominance fell to a Monday low 46.06% before rising to a Tuesday high 47.62%. At the time of writing, Bitcoin’s dominance stood at 46.76%.\nAt the time of writing, Bitcoin was down 0.17% to $29,757.0. A mixed start to the day saw Bitcoin rise to an early morning high $29,867.0 before falling to a low $29,734.0.\nBitcoin left the major support and resistance levels untested early on.\nElsewhere, it was a bearish start to the day.\nAt the time of writing, Crypto.com Coin was down by 0.98% to lead the way down.\nBitcoin would need to move through the $30,067 pivot to bring the first major resistance level at $30,821 into play.\nSupport from the broader market would be needed for Bitcoin to break out from $30,500 levels.\nBarring a broad-based crypto rally, the first major resistance level and Tuesday’s high $31,079.0 would likely cap any upside.\nIn the event of an extended crypto rally, Bitcoin could test resistance at $32,000 before any pullback. The second major resistance level sits at $31,833.\nFailure to move through the $30,067 pivot would bring the first major support level at $29,055 into play.\nBarring another extended sell-off on the day, Bitcoin should steer clear of sub-$28,000 levels. The second major support level at $28,301 should limit the downside.\nThisarticlewas originally posted on FX Empire\n• The Crypto Daily – Movers and Shakers – July 21st, 2021\n• Costco Shares Attract Big Money\n• Crude Oil Price Update – Posting Closing Price Reversal Bottom Ahead of API Inventories Report\n• Dogecoin – Daily Tech Analysis –July 21st, 2021\n• Sam Bankman-Fried Is Changing The Game After FTX Raises A Record $900 Million\n• EOS, Stellar’s Lumen, and Tron’s TRX – Daily Analysis – July 21st, 2021', 'A series of burnt matches. Getty Images With a red-hot housing market, times are good for real estate professionals. Demand for second homes more than doubled during the pandemic, according to economists at the national real estate brokerage Redfin. Home prices in many metropolitan areas around the country have jumped significantly, reaching record levels. SEE MORE It May Be Unsexy, But This One Asset Class Is Critical to Any Financial Plan I witnessed the price rise first hand. I recently returned from a family vacation in the North Carolina mountains, where many homes now sell for double or triple the price compared to just a couple of years ago. As a result, anyone working in real estate has likely seen their income balloon during the last 12 to 18 months. Agents are turning listings over more rapidly, receiving strong commissions and moving on to the next deal. For real estate investors, they are seeing price tags soar and homes selling at a premium. The Danger to Real Estate Professionals With all of this cash flying around, people making their living in real estate need to take action now to diversify their assets. And this means investing in assets other than property. Failing to do so can be costly. I’ve seen this mistake before. Back in 2008 during The Great Recession, a family member of a client nearly went belly up after the real estate market crashed. She owned a real estate brokerage company and several properties. Once the recession hit, it took her more than a decade to recover financially. She had no cash or other investments outside of real estate. Facing mounting expenses, she couldn’t break even on her properties. Fortunately, she’s now making money again. Unfortunately, it’s too easy for her and others in real estate to simply reinvest their profits in what they know. But that’s not a sound strategy. SEE MORE Why the Bitcoin Craze Is Just Another Fad For older professionals nearing retirement, the importance of a diversified liquid portfolio is even greater. Having rental income is good, but consider how much equity you have tied up in these properties. You can’t buy groceries in retirement with the equity in your real estate unless you take out debt against the property, tying your hands even more. Story continues We know that real estate has its business cycles and eventually will cool off. So, now is the time for real estate pros to diversify by making these four financial moves: Set Up an Emergency Fund Since real estate is cyclical and many real estate professionals have incomes that rise and fall quickly, they should set up an emergency fund that will cover approximately 12 months of expenses. Because income for a real estate agent or investor is less predictable than many other occupations, this 12-month reserve is roughly double the amount recommended for salaried jobs. Sock Away Money in a Retirement Account Self-employed individuals or small-business owners in the real estate profession who foresee another year or two of strong profits should consider saving some of that money into a tax-deferred retirement account. This is the time to sock away thousands of dollars on a before-tax basis. At a minimum, these individuals could consider funding a 401(k) retirement plan by depositing money that allows their status as employee and employer to contribute up to $58,000 annually, or $64,500 for those 50 and over. Many types of retirement accounts exist, including solo 401(k)s, SIMPLE IRAs and SEP IRAs, so talk with a tax adviser before setting one up. Open **Last 60 Days of Bitcoin's Closing Prices:** [37536.63, 34770.58, 38705.98, 38402.22, 39294.20, 38436.97, 35697.61, 34616.07, 35678.13, 37332.86, 36684.93, 37575.18, 39208.77, 36894.41, 35551.96, 35862.38, 33560.71, 33472.63, 37345.12, 36702.60, 37334.40, 35552.52, 39097.86, 40218.48, 40406.27, 38347.06, 38053.50, 35787.25, 35615.87, 35698.30, 31676.69, 32505.66, 33723.03, 34662.44, 31637.78, 32186.28, 34649.64, 34434.34, 35867.78, 35040.84, 33572.12, 33897.05, 34668.55, 35287.78, 33746.00, 34235.20, 33855.33, 32877.37, 33798.01, 33520.52, 34240.19, 33155.85, 32702.03, 32822.35, 31780.73, 31421.54, 31533.07, 31796.81, 30817.83, 29807.35] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2021-07-21 **Financial & Commodity Data:** - Gold Closing Price: $1802.90 - Crude Oil Closing Price: $70.30 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $560,351,118,550 - Hash Rate: 98551910.4365265 - Transaction Count: 235680.0 - Unique Addresses: 571507.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.10 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Gold futures are trading flat early Thursday after posting a modest gain the previous session. Despite hitting a five-month high earlier in the week, the trade has been lackluster with some of the major players sitting on the sidelines ahead of Friday’sU.S. Non-Farm Payrolls report. At 02:52 GMT,August Comex goldis trading $1908.10, down $1.80 or -0.09%. Nonetheless, there are major reports on Thursday that could move gold prices. They includeADP Non-Farm Employment Change,Weekly Unemployment ChangeandISM Services PMI. Stable U.S. Treasury yields and a sideways U.S. Dollar Index are also helping to hold gold prices in a range this week. The main trend is up according to the daily swing chart. A trade through $1919.20 will signal a resumption of the uptrend. A move through $1884.30 will change the main trend to down. The long-term range is $2120.00 to $1678.40. The market is currently trading inside its retracement zone at $1899.20 to $1951.30. The minor range is $1854.40 to $1919.20. Its 50% level at $1886.80 is potential support. The short-term range is $1810.70 to $1919.20. Its 50% level at $1865.00 is additional support. Additional support levels come in at $1838.00, $1822.40 and $1799.30. The direction of the August Comex gold futures contract on Thursday is likely to be determined by trader reaction to the long-term 50% level at $1899.20. A sustained move over $1899.20 will indicate the presence of buyers. If this move is able to generate enough upside momentum then look for the rally to possibly extend into this week’s high at $1919.20. This is a potential trigger point for an acceleration to the upside with the main Fibonacci level at $1951.30 the next likely target. A sustained move under $1899.20 will signal the presence of sellers. This could trigger a quick break into $1886.80 to $1884.30. If this fails as support then $1865.00 and $1854.40 will become potential downside targets. For a look at all of today’s economic events, check out oureconomic calendar. Thisarticlewas originally posted on FX Empire • Ramping Sales of Medical Cannabis Critical for Long-Term Growth of Khiron, Says ATB Capital • E-mini S&P 500 Index (ES) Futures Technical Analysis – Strengthens Over 4210.00, Weakens Under 4186.25 • Why Bitcoin Can Likely Break High in the Coming Weeks • FedEx Could Hit New All-Time High on Strong Q4 Earnings • Gold Price Prediction – Prices Rise as the Dollar Falters • EOS, Stellar’s Lumen, and Tron’s TRX – Daily Analysis – June 3rd, 2021... - Reddit Posts (Sample): [['u/Extension_Car_9836', 'Is 0.1 BTC something to be proud of?', 388, '2021-07-21 00:10', 'https://www.reddit.com/r/Bitcoin/comments/oocdbl/is_01_btc_something_to_be_proud_of/', 'Title says it. I’ve been spending what I can here and there for a while now trying to stack some BTC and I’ve finally got to 0.1 BTC. \n\nI’m starting to wonder only a tenth of a Bitcoin is going to mean anything? I feel like so many people have been in BTC for years and years and likely have much more than that. \n\nIs (could) 0.1 BTC become meaningful in the years to come?', 'https://www.reddit.com/r/Bitcoin/comments/oocdbl/is_01_btc_something_to_be_proud_of/', 'oocdbl', [['u/whisper_of_smoke', 28, '2021-07-21 00:21', 'https://www.reddit.com/r/Bitcoin/comments/oocdbl/is_01_btc_something_to_be_proud_of/h5xhlji/', 'With a 500 thousand dollar bitcoin, your share would be worth 50k.', 'oocdbl'], ['u/[deleted]', 11, '2021-07-21 00:25', 'https://www.reddit.com/r/Bitcoin/comments/oocdbl/is_01_btc_something_to_be_proud_of/h5xi5ng/', "The first step is still the first step, congrats on getting this far. Keep going, do your research, invest smart & HODL\nSoon, you'll be able to grow it. Nevermind the negativity around, there's always lots (if you pay attention to it)", 'oocdbl'], ['u/Skartuga', 31, '2021-07-21 00:33', 'https://www.reddit.com/r/Bitcoin/comments/oocdbl/is_01_btc_something_to_be_proud_of/h5xj4vm/', "That's 10'000'000 sats. 👍", 'oocdbl'], ['u/restore_democracy', 60, '2021-07-21 00:37', 'https://www.reddit.com/r/Bitcoin/comments/oocdbl/is_01_btc_something_to_be_proud_of/h5xjmcf/', 'It’s infinitely better than 0.', 'oocdbl'], ['u/Hank___Scorpio', 273, '2021-07-21 00:58', 'https://www.reddit.com/r/Bitcoin/comments/oocdbl/is_01_btc_something_to_be_proud_of/h5xmebg/', "The only wrong amount of btc is 0.00000000\n\nEdit: I'm a jerk", 'oocdbl'], ['u/Onsyde', 104, '2021-07-21 01:30', 'https://www.reddit.com/r/Bitcoin/comments/oocdbl/is_01_btc_something_to_be_proud_of/h5xqckt/', 'My first post 4-5 years ago was basically "Is 1 btc something to be proud of". And in another 4-5 years from now someone will post "is .01 btc something to be proud of". And each time the answer will be YES', 'oocdbl'], ['u/ShaneTuscarora', 13, '2021-07-21 01:55', 'https://www.reddit.com/r/Bitcoin/comments/oocdbl/is_01_btc_something_to_be_proud_of/h5xtfgd/', 'yes, you will be rewarded at every halving event by holding through it', 'oocdbl'], ['u/whisper_of_smoke', 10, '2021-07-21 02:18', 'https://www.reddit.com/r/Bitcoin/comments/oocdbl/is_01_btc_something_to_be_proud_of/h5xw9h4/', 'what will the dollar buy?', 'oocdbl'], ['u/Percyheckendorf', 32, '2021-07-21 02:19', 'https://www.reddit.com/r/Bitcoin/comments/oocdbl/is_01_btc_something_to_be_proud_of/h5xwcu9/', 'Because fiat currency bleeds value and always will', 'oocdbl'], ['u/techy91', 12, '2021-07-21 02:36', 'https://www.reddit.com/r/Bitcoin/comments/oocdbl/is_01_btc_something_to_be_proud_of/h5xyg0l/', 'Great answer', 'oocdbl'], ['u/Alfador8', 22, '2021-07-21 02:46', 'https://www.reddit.com/r/Bitcoin/comments/oocdbl/is_01_btc_something_to_be_proud_of/h5xzohw/', "Check out [this video](https://www.youtube.com/watch?v=dOI0hXICKto). If you can manage to stack another .035 BTC you will forever be in the top 5% of hodlers. Even if you can't, this fact suggests that yes, if Bitcoin is successful 0.1 BTC will be substantial in the future", 'oocdbl'], ['u/Hank___Scorpio', 88, '2021-07-21 02:53', 'https://www.reddit.com/r/Bitcoin/comments/oocdbl/is_01_btc_something_to_be_proud_of/h5y0gs6/', 'This, is not the way.', 'oocdbl'], ['u/Hank___Scorpio', 25, '2021-07-21 02:56', 'https://www.reddit.com/r/Bitcoin/comments/oocdbl/is_01_btc_something_to_be_proud_of/h5y0vsd/', "While I do hope whatever price you're aiming to pull the trigger you get... it just never does what you expect it to. Integer bias is your enemy. The dollar cost average advice is the best way and its beaten to death to the point I'm surprised it isn't stickied.", 'oocdbl'], ['u/Luminous_Emission', 12, '2021-07-21 03:04', 'https://www.reddit.com/r/Bitcoin/comments/oocdbl/is_01_btc_something_to_be_proud_of/h5y1tr2/', "Why not start chipping away at it now? I'm sure you've heard the saying: How do you eat an elephant? One bite at a time. If you keep buying nothing, a year from now you'll still own nothing, but if you start putting a few hundred bucks a month towards it, a year from now you'll at least own SOME bitcoin.", 'oocdbl'], ['u/TeamAmerica222', 12, '2021-07-21 03:04', 'https://www.reddit.com/r/Bitcoin/comments/oocdbl/is_01_btc_something_to_be_proud_of/h5y1w57/', 'I just checked the coinmarketcap holders page - seems most of the top wallets are accumulating to a point the graph is noticeably going up rather than a small % change', 'oocdbl'], ['u/Into-the-Beyond', 12, '2021-07-21 03:26', 'https://www.reddit.com/r/Bitcoin/comments/oocdbl/is_01_btc_something_to_be_proud_of/h5y4j2h/', 'Government cheese.', 'oocdbl'], ['u/jbdaughtry', 12, '2021-07-21 03:37', 'https://www.reddit.com/r/Bitcoin/comments/oocdbl/is_01_btc_something_to_be_proud_of/h5y610i/', 'Dude … you’re now in the top 5% of BitCoin owners. Good job.', 'oocdbl'], ['u/wadevaman', 128, '2021-07-21 03:42', 'https://www.reddit.com/r/Bitcoin/comments/oocdbl/is_01_btc_something_to_be_proud_of/h5y6nbp/', 'No... Only amounts such as .69 or .420 are meaningful.', 'oocdbl'], ['u/fxrky', 24, '2021-07-21 04:23', 'https://www.reddit.com/r/Bitcoin/comments/oocdbl/is_01_btc_something_to_be_proud_of/h5ybpks/', 'Do NOT. UNDER ANY CIRCUMSTANCES. Do this.\n\nBuy a little at a time, on different days.\n\nIf you buy a whole bitcoin at once, and the price drops 20% the next day, that shit will HURT at first. You want to average out your purchases.\n\nIm not saying this is objectively the best way to make the most money, but it IS the best way to keep emotion and bad timing out of the deal.', 'oocdbl'], ['u/fxrky', 10, '2021-07-21 04:40', 'https://www.reddit.com/r/Bitcoin/comments/oocdbl/is_01_btc_something_to_be_proud_of/h5ydvat/', "It can *always* get worse short term. For those of us that are blind to the usd price, it doesn't matter. But short term price action causes something like 80% of new investors to panic sell at huge losses.", 'oocdbl'], ['u/sherlamsam', 15, '2021-07-21 05:50', 'https://www.reddit.com/r/Bitcoin/comments/oocdbl/is_01_btc_something_to_be_proud_of/h5ym8ct/', "It's what Satoshi decided. Honestly just arbitrary, 1 btc is 100,000,000 satoshis because it just is, so .1 is 10,000,000", 'oocdbl'], ['u/JeremyLinForever', 20, '2021-07-21 07:25', 'https://www.reddit.com/r/Bitcoin/comments/oocdbl/is_01_btc_something_to_be_proud_of/h5yvovd/', 'People on bitcointalk forums prior to Reddit asking if hundreds or thousands of BTC enough.', 'oocdbl'], ['u/ElephantGlue', 35, '2021-07-21 08:04', 'https://www.reddit.com/r/Bitcoin/comments/oocdbl/is_01_btc_something_to_be_proud_of/h5yyzas/', 'I’ve posted this before but it’s relevant here;\n\nIf you think it’s not unlikely that;\n\n~ 500 people got in super early at $1 per coin with 10k btc each \n~ 5k people got in early enough at $10 per coin with 1k btc each \n~ 50k people got in still pretty early at $100 per with 100 each \n~ 500k people got in early at $1000 per with 10 btc each\n\nAnd all these people have already sold enough to make them fiat rich, but also believe BTC is the best form of value known to man and have super strong hands.....that’s 20 million of the 21 million total BTC being held by less than 1 million people - that’s 0.01% of the worlds population.\n\nThere’s bound to be more than .01% of the population who wind up believing bitcoin is the best form of value ever known to man, even if they don’t know it yet!\n\nIn this scenario with 1 million Bitcoin left, only 10 million people could own the rest if they each only bought 0.1 coins. That still puts the percentage of the global population that own any Bitcoin at 0.1% !\n\nHaving even .1 bitcoin is going to make a few million people very wealthy in short order. Buckle your seatbelts and fasten your tray tables.', 'oocdbl'], ['u/Btcyoda', 11, '2021-07-21 08:14', 'https://www.reddit.com/r/Bitcoin/comments/oocdbl/is_01_btc_something_to_be_proud_of/h5yzrl2/', "This ^\n\nDon't forget we know there are some that have way more and than there are some companies with big bags etc. Just meaning above numbers must even be smaller.\n\nNext think about what has to come; pension funds, countries, most other companies, etc.\n\nThan we know several million coins are lost forever....\n\nBitcoin is so scarce that it's a miracle we haven't had a modern gold rush into it.\n\nIt will happen, ok there will always be that small chance it will disappear, fail, etc., and people will literally go NUTS.", 'oocdbl'], ['u/Davess010', 14, '2021-07-21 10:37', 'https://www.reddit.com/r/Bitcoin/comments/oocdbl/is_01_btc_something_to_be_proud_of/h5zcuqu/', 'My new goal is .420 bitcoin. Thanks', 'oocdbl']]], ['u/B1ggusDckus', 'Do we still hodl? I have lost 48% of my initial investment...', 74, '2021-07-21 00:18', 'https://www.reddit.com/r/Bitcoin/comments/oociz7/do_we_still_hodl_i_have_lost_48_of_my_initial/', '[https://www.reddit.com/r/Bitcoin/comments/7vgve2/do\\_we\\_still\\_hodl\\_i\\_have\\_lost\\_48\\_of\\_my\\_initial/](https://www.reddit.com/r/Bitcoin/comments/7vgve2/do_we_still_hodl_i_have_lost_48_of_my_initial/)\n\nHell yeah! We still hodl in 2021 my friend.', 'https://www.reddit.com/r/Bitcoin/comments/oociz7/do_we_still_hodl_i_have_lost_48_of_my_initial/', 'oociz7', [['u/killer_k_c', 61, '2021-07-21 00:38', 'https://www.reddit.com/r/Bitcoin/comments/oociz7/do_we_still_hodl_i_have_lost_48_of_my_initial/h5xjria/', "Why sell the red. \n\nDon't invest more than you can lose. \n\nSo again. Why sell?", 'oociz7'], ['u/[deleted]', 19, '2021-07-21 00:44', 'https://www.reddit.com/r/Bitcoin/comments/oociz7/do_we_still_hodl_i_have_lost_48_of_my_initial/h5xki6k/', "Did you sell already? If not, then you haven't lost a... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
32313.11, 33581.55, 34292.45, 35350.19, 37337.54, 39406.94, 39995.91, 40008.42, 42235.55, 41626.20
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['Ethereumjumped by 11.74% on Wednesday. Reversing a 1.76% loss from Tuesday, Ethereum ended the day at $1,996.18.\nA bearish start to the day saw Ethereum fall to an early morning intraday low $1,754.27 before making a move.\nSteering clear of the 62% FIB of $1,725 and the first major support level at $1,724, Ethereum rallied to a late intraday high $2,033.16.\nEthereum broke through the day’s major resistance levels before easing back to sub-$2,000 levels.\nThe late pullback saw Ethereum fall back through the third major resistance level at $2,024.\nAt the time of writing, Ethereum was up by 0.81% to $2,012.42. A mixed start to the day saw Ethereum fall to an early morning low $1,982.11 before rising to a high $2,016.51.\nEthereum left the major support and resistance levels untested early on.\nEthereum would need to avoid the $1,928 pivot to bring the first major resistance level at $2,102 into play.\nSupport from the broader market would be needed, however, for Ethereum to breakout from Wednesday’s high $2,033.16.\nBarring an extended crypto rally, the first major resistance level would likely cap any upside.\nIn the event of a broad-based crypto rally, Ethereum could resistance at $2,250 before any pullback. The second major resistance level sits at $2,207.\nA fall the $1,928 pivot would bring the first major support level at $1,823 into play.\nBarring an extended sell-off, however, Ethereum should steer clear of the 62% FIB of $1,725. The second major support level sits at $1,649.\nFirst Major Support Level: $1,823\nPivot Level: $1,928\nFirst Major Resistance Level: $2,102\n23.6% FIB Retracement Level: $3,369\n38.2% FIB Retracement Level: $2,740\n62% FIB Retracement Level: $1,725\nLitecoinrallied by 9.66% on Wednesday. Reversing a 5.21% slide from Tuesday, Litecoin ended the day at $117.67.\nA bearish start to the day saw Litecoin fall to an early morning intraday low $105.08 before making a move.\nSteering clear of the first major resistance level at $103, Litecoin rallied to a late intraday high $119.22.\nLitecoin broke through the first major resistance level at $114 to end the day at $117 levels. The second major resistance level at $120 pinned Litecoin back late in the day.\nAt the time of writing, Litecoin was up by 0.48% to $118.24. A mixed start to the day saw Litecoin fall to an early morning low $116.82 before rising to a high $118.36.\nLitecoin left the major support and resistance levels untested early on.\nLitecoin would need to avoid the $114 pivot to bring the first major resistance level at $123 into play.\nSupport from the broader market would be needed, however, for Litecoin to break out from Wednesday’s high $119.22.\nBarring an extended crypto rally, the first major resistance level and resistance at $125 would likely cap any upside.\nIn the event of an extended breakout, Litecoin could test resistance at $135. The second major resistance level sits at $128.\nA fall through the $114 pivot would bring the first major support level at $109 into play.\nBarring another extended sell-off, however, Litecoin should steer clear of sub-$100 levels. The second major support level at $100 should limit the downside.\nFirst Major Support Level: $109\nPivot Level: $114\nFirst Major Resistance Level: $123\n23.6% FIB Retracement Level: $178\n38.2% FIB Retracement Level: $223\n62% FIB Retracement Level: $296\nRipple’s XRPrallied by 7.90% on Wednesday. Reversing a 5.22% slide from Tuesday, Ripple’s XRP ended the day at $0.56956.\nA choppy start to the day saw Ripple’s XRP slide to an early morning intraday low $0.52000 before making a move.\nSteering clear of the first major support level at $0.5066, Ripple’s XRP rallied to a late intraday high $0.58395.\nRipple’s XRP broke through the first major resistance level at $0.5601 to end the day at $0.569 levels.\nAt the time of writing, Ripple’s XRP was up by 1.10% to $0.57580. A mixed start to the day saw Ripple’s XRP fall to an early morning low $0.56750 before rising to a high $0.57664.\nRipple’s XRP left the major support and resistance levels untested early on.\nRipple’s XRP will need to avoid the $0.5578 pivot to bring the first major resistance level at $0.5957 into play.\nSupport from the broader market would be needed, however, for Ripple’s XRP to break out from $0.5850 levels.\nBarring an extended crypto rally, the first major resistance level and resistance at $0.60 would likely cap any upside.\nIn the event of another breakout, Ripple’s XRP could test resistance at $0.63 before any pullback. The second major resistance level sits at $0.6218.\nA fall through the $0.5578 pivot would bring the first major support level at $0.5317 into play.\nBarring another extended sell-off, however, Ripple’s XRP should steer clear of sub-$0.50 levels. The second major support level sits at $0.4939.\nFirst Major Support Level: $0.5317\nPivot Level: $0.5578\nFirst Major resistance Level: $0.5957\n23.6% FIB Retracement Level: $0.8533\n38.2% FIB Retracement Level: $1.0659\n62% FIB Retracement Level: $1.4096\nPlease let us know what you think in the comments below.\nThanks, Bob\nThisarticlewas originally posted on FX Empire\n• Economic Data Puts the EUR and Dollar in Focus, with the ECB also in Action Today\n• USD/JPY Forex Technical Analysis – Trader Reaction to 110.362 Sets Early Tone on Thursday\n• Elon Musk Says SpaceX Holds Bitcoin And Tesla Might Start Accepting It Again\n• Ethereum, Litecoin, and Ripple’s XRP – Daily Tech Analysis – July 22nd, 2021\n• Chipotle Mexican Grill Shares Flirt With Fresh All-Time High\n• Gold Price Forecast – Gold Markets Continue to Consolidate', 'Ethereum Ethereum jumped by 11.74% on Wednesday. Reversing a 1.76% loss from Tuesday, Ethereum ended the day at $1,996.18. A bearish start to the day saw Ethereum fall to an early morning intraday low $1,754.27 before making a move. Steering clear of the 62% FIB of $1,725 and the first major support level at $1,724, Ethereum rallied to a late intraday high $2,033.16. Ethereum broke through the day\x92s major resistance levels before easing back to sub-$2,000 levels. The late pullback saw Ethereum fall back through the third major resistance level at $2,024. At the time of writing, Ethereum was up by 0.81% to $2,012.42. A mixed start to the day saw Ethereum fall to an early morning low $1,982.11 before rising to a high $2,016.51. Ethereum left the major support and resistance levels untested early on. For the day ahead Ethereum would need to avoid the $1,928 pivot to bring the first major resistance level at $2,102 into play. Support from the broader market would be needed, however, for Ethereum to breakout from Wednesday\x92s high $2,033.16. Barring an extended crypto rally, the first major resistance level would likely cap any upside. In the event of a broad-based crypto rally, Ethereum could resistance at $2,250 before any pullback. The second major resistance level sits at $2,207. A fall the $1,928 pivot would bring the first major support level at $1,823 into play. Barring an extended sell-off, however, Ethereum should steer clear of the 62% FIB of $1,725. The second major support level sits at $1,649. Looking at the Technical Indicators First Major Support Level: $1,823 Pivot Level: $1,928 First Major Resistance Level: $2,102 23.6% FIB Retracement Level: $3,369 38.2% FIB Retracement Level: $2,740 62% FIB Retracement Level: $1,725 Litecoin Litecoin rallied by 9.66% on Wednesday. Reversing a 5.21% slide from Tuesday, Litecoin ended the day at $117.67. A bearish start to the day saw Litecoin fall to an early morning intraday low $105.08 before making a move. Story continues Steering clear of the first major resistance level at $103, Litecoin rallied to a late intraday high $119.22. Litecoin broke through the first major resistance level at $114 to end the day at $117 levels. The second major resistance level at $120 pinned Litecoin back late in the day. At the time of writing, Litecoin was up by 0.48% to $118.24. A mixed start to the day saw Litecoin fall to an early morning low $116.82 before rising to a high $118.36. Litecoin left the major support and resistance levels untested early on. For the day ahead Litecoin would need to avoid the $114 pivot to bring the first major resistance level at $123 into play. Support from the broader market would be needed, however, for Litecoin to break out from Wednesday\x92s high $119.22. Barring an extended crypto rally, the first major resistance level and resistance at $125 would likely cap any upside. In the event of an extended breakout, Litecoin could test resistance at $135. The second major resistance level sits at $128. A fall through the $114 pivot would bring the first major support level at $109 into play. Barring another extended sell-off, however, Litecoin should steer clear of sub-$100 levels. The second major support level at $100 should limit the downside. Looking at the Technical Indicators First Major Support Level: $109 Pivot Level: $114 First Major Resistance Level: $123 23.6% FIB Retracement Level: $178 38.2% FIB Retracement Level: $223 62% FIB Retracement Level: $296 Ripple\x92s XRP Ripple\x92s XRP rallied by 7.90% on Wednesday. Reversing a 5.22% slide from Tuesday, Ripple\x92s XRP ended the day at $0.56956. A choppy start to the day saw Ripple\x92s XRP slide to an early morning intraday low $0.52000 before making a move. Steering clear of the first major support level at $0.5066, Ripple\x92s XRP rallied to a late intraday high $0.58395. Ripple\x92s XRP broke through the first major resistance level at $0.5601 to end the day at $0.569 levels. At the time of writing, Ripple\x92s XRP was up by 1.10% to $0.57580. A mixed start to the day saw Ripple\x92s XRP fall to an early morning low $0.56750 before rising to a high $0.57664. Ripple\x92s XRP left the major support and resistance levels untested early on. For the day ahead Ripple\x92s XRP will need to avoid the $0.5578 pivot to bring the first major resistance level at $0.5957 i **Last 60 Days of Bitcoin's Closing Prices:** [34770.58, 38705.98, 38402.22, 39294.20, 38436.97, 35697.61, 34616.07, 35678.13, 37332.86, 36684.93, 37575.18, 39208.77, 36894.41, 35551.96, 35862.38, 33560.71, 33472.63, 37345.12, 36702.60, 37334.40, 35552.52, 39097.86, 40218.48, 40406.27, 38347.06, 38053.50, 35787.25, 35615.87, 35698.30, 31676.69, 32505.66, 33723.03, 34662.44, 31637.78, 32186.28, 34649.64, 34434.34, 35867.78, 35040.84, 33572.12, 33897.05, 34668.55, 35287.78, 33746.00, 34235.20, 33855.33, 32877.37, 33798.01, 33520.52, 34240.19, 33155.85, 32702.03, 32822.35, 31780.73, 31421.54, 31533.07, 31796.81, 30817.83, 29807.35, 32110.69] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2021-07-22 **Financial & Commodity Data:** - Gold Closing Price: $1805.00 - Crude Oil Closing Price: $71.91 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $607,474,787,500 - Hash Rate: 103989257.2192314 - Transaction Count: 230282.0 - Unique Addresses: 571344.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.21 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: The price of bitcoin (BTC) has been consolidating for more than two weeks after it experienced one of the biggest crashes in crypto history. Although the market has calmed down, holding back further declines, we do not see a quick V-shape recovery. However, the possibility of one is still in the game. One of the best-known analysts in the crypto space, PlanB, has suggested that it might occur soon. A clear pattern in the cryptocurrency options market seems to impact the BTC price heavily this year. In a recent tweet byPlanB, the popular cryptocurrency analyst and creator of the BTC stock-to-flow model presented a chart of this year’s BTC price action. It marked periods of drops and rallies. They all follow a similar V-shape recovery pattern. Source: Twitter By far, the biggest drop has occurred in the last month, between May 12 and 19. This is where bitcoindropped from around $57,000 to a low of $30,000. PlanB marked this area as the longest isosceles triangle. It also put a question mark on it, wondering if the pattern will be realized again. If that were to happen, the coming period could lead to an increase in the price of the main cryptocurrency by over 50%. However, it should be remembered that the price action to date in 2021 was most likely following theWyckoff distribution pattern. Upon its completion, one expects not an immediate recovery back to the highs but rather an extended period of accumulation. PlanB argues that his V-shape recovery hypothesis is based on a pattern of liquid and illiquid trading periods at different times of each month. From the beginning of this year, a clear pattern of price increases in the first weeks of the month. In addition, declines in the second half of the month are seen. Such behavior of traders is most often explained by the cycle of opening and expiring derivative financial instruments in the crypto market – options, including the futures market. Traders open positions at the beginning of the month, usually on the first Monday. These options expire, and positions usually close on the last Friday of the month. As shown on the chart by another Twitter user,@T6nis05, each last Friday of the month on the BTC market was an indicator of a local low (blue lines), followed by a dynamic increase. Source: Twitter If the situation were to repeat, then from May 28, we should observe a BTC price rally. Indeed, since last Friday, the price of the main cryptocurrency has increased by 18%. It also attempted to break out of the symmetrical triangle in which it was trading from themonumental drop on May 19. Unfortunately, the breakout turned out to be fake. At the press time, bitcoin has returned to the triangle structure with a price around $36,500. This move, however, does not rule out the possibility of continuation of the V-shape recovery in the following days. Since local declines occurred after increases almost every month. BTC Chart by Tradingview Nevertheless, it is worth recalling that the bitcoin drop in May was one of the biggest crashes in the entire history of the crypto market. Therefore, it is doubtful to be followed by an instant recovery to the all-time high area. However, cryptocurrencies may surprise us – they always do!... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
33581.55, 34292.45, 35350.19, 37337.54, 39406.94, 39995.91, 40008.42, 42235.55, 41626.20, 39974.89
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['Twitter CEO Jack Dorsey confirmed to investors that bitcoin will be a "big part" of the company\'s future, as he sees opportunities to integrate the cryptocurrency into existing Twitter products and services, including commerce, subscriptions and other new additions like the Twitter Tip Jar and Super Follows . Dorsey has been a staunch bitcoin advocate for years, but how it would be put into action on Twitter\'s platform had not yet been spelled out in detail. However, Dorsey has often publicly touted the cryptocurrency, saying it reminds him of the "early days of the internet" and that there wasn\'t "anything more important" in his lifetime for him to work on. More recently, Dorsey launched a $23.6 million bitcoin fund with Jay Z and announced plans to lead his other company Square into the decentralized financial services market by way of bitcoin. Square also this year acquired a majority stake in Jay-Z\'s TIDAL music service with an eye toward how blockchain technologies and cryptocurrencies could change the music business. Today, Dorsey also dubbed bitcoin one of three key trends for Twitter\'s future, along with AI and decentralization -- the latter which Twitter is pursuing through its "Bluesky" initiative . Twitter’s decentralized future He touted bitcoin to investors on Twitter\'s second quarter earnings call, saying it could help the company move faster in terms of its product expansions, while explaining that it was the "best candidate" to become the "native currency" of the internet. (Incidentally, Square\'s $50 million in bitcoin purchased in 2020 was worth $253 million by February 2021, and it purchased $170 million more earlier this year.) Oh man, Jack Dorsey says he thinks Bitcoin is key to Twitter\'s future. Says it will "ensure people and companies can freely trade goods and services anywhere on the planet" — Alex Weprin (@alexweprin) July 22, 2021 "If the internet has a native currency, a global currency, we are able to able to move so much faster with products such as Super Follows, Commerce, Subscriptions, Tip Jar, and we can reach every single person on the planet because of that instead of going down a market-by-market-by-market approach," Dorsey explained. "I think this is a big part of our future. I think there is a lot of innovation above just currency to be had, especially as we think about decentralizing social media more and providing more economic incentive. So I think it\'s hugely important to Twitter and to Twitter shareholders that we continue to look at the space and invest aggressively in it," he added. Story continues A Twitter rep confirmed this is the first time that Dorsey has spoken publicly about how Twitter could integrate bitcoin into its product lineup. Dorsey also pointed out Twitter would not be alone in pursuing a crypto strategy, noting that Facebook was backing the digital currency Diem. "There\'s an obvious need for this, and appreciation for it. And I think that an open standard that\'s native to the internet is the right way to go, which is why my focus and our focus eventually will be on bitcoin," he noted. Overall, Twitter delivered strong earnings in a pandemic rebound, which saw the company posting its fastest revenue growth since 2014, according to CNBC , which drove Twitter shares 9% higher in extended trading. The company pulled in Q2 revenue of $1.19 billion versus the $1.07 billion Wall Street expected, a majority ($1.05 billion) from its advertising business. It also saw earnings per share of 20 cents versus the 7 cents expected. However, monetizable daily active users (mDAUs) -- Twitter\'s own invented metric meant to fluff up often flat monthly user growth -- were only at 206 million, an 11% year-over-year increase, while analysts were counting on 206.2 million. The company blamed the decline on a slower news cycle and end of shelter-in-place in many U.S. communities, which may have impacted Twitter usage during the quarter. What Square’s smashing earnings tell us about consumer bitcoin demand', 'Bitcoin, BTC to USD, rose by 0.52% on Thursday. Following a 7.85% rally on Wednesday, Bitcoin ended the day at $32,320.0.\nA range-bound start to the day saw Bitcoin fall to a late morning intraday low $31,735.0 before making a move.\nSteering clear of the first major support level at $30,168, Bitcoin rallied to a late afternoon intraday high $32,610.0.\nFalling short of the first major resistance level at $33,495, Bitcoin fell back to sub-$32,100 levels and into the red.\nSteering clear of sub-$32,000 levels, however, moved back through to $32,300 levels to deliver the upside on the day.\nThe near-term bullish trend remained intact, in spite of the latest return to $29,000 levels. For the bears, Bitcoin would need a sustained fall through the 62% FIB of $27,237 to form a near-term bearish trend.\nAcross the rest of the majors, it was a mixed day on Thursday.\nBitcoin Cash SVfell by 0.39% to buck the trend on the day.\nIt was a bullish day for the rest of the majors, however.\nPolkadot rallied by 6.13% to lead the way, withChainlink(+4.91%),Crypto.com Coin(+3.04%), andRipple’s XRP(+4.17%) also making solid gains.\nBinance Coin(+0.09%),Cardano’s ADA(+1.34%),Ethereum(+1.43%), andLitecoin(+2.44%) trailed the front runners, however.\nIn the current week, the crypto total market fell to a Tuesday low $1,154bn before rising to a Wednesday high $1,337bn. At the time of writing, the total market cap stood at $1,310bn.\nBitcoin’s dominance rose to a Tuesday high 47.62% before falling to a Thursday low 45.91%. At the time of writing, Bitcoin’s dominance stood at 46.22%.\nAt the time of writing, Bitcoin was down by 0.11% to $32,283.0. A mixed start to the day saw Bitcoin rise to an early morning high $32,449.4 before falling to a low $32,282.4.\nBitcoin left the major support and resistance levels untested early on.\nElsewhere, it was a bearish start to the day.\nAt the time of writing, Cardano’s ADA was down by 0.63% to lead the way down.\nBitcoin would need to avoid the $32,222 pivot to bring the first major resistance level at $32,708 into play.\nSupport from the broader market would be needed for Bitcoin to break out from Thursday’s high $32,610.0.\nBarring a broad-based crypto rally, the first major resistance level and resistance at $33,000 would likely cap any upside.\nIn the event of an extended crypto rally, Bitcoin could test resistance at $33,500 before any pullback. The second major resistance level sits at $33,097.\nA fall through the $32,222 pivot would bring the first major support level at $31,833 into play.\nBarring another extended sell-off on the day, Bitcoin should steer clear of sub-$31,000 levels. The second major support level at $31,347 should limit the downside.\nThisarticlewas originally posted on FX Empire\n• S&P 500 Price Forecast – Stock Markets Sluggish During Thursday Session\n• NZD/USD Forex Technical Analysis – Strengthens Over .6982, Weakens Under .6963\n• European Equities: Private Sector PMIs for July in the Spotlight\n• Twitter’s Shares Rally Following Fastest Revenue Growth In Seven Years\n• USD/JPY Forex Technical Analysis – Sustained Move Under 110.362 Could Trigger Break into 109.726\n• DocuSign’s Stock Is Up 11% in July So Far', 'Bitcoin , BTC to USD, rose by 0.52% on Thursday. Following a 7.85% rally on Wednesday, Bitcoin ended the day at $32,320.0. A range-bound start to the day saw Bitcoin fall to a late morning intraday low $31,735.0 before making a move. Steering clear of the first major support level at $30,168, Bitcoin rallied to a late afternoon intraday high $32,610.0. Falling short of the first major resistance level at $33,495, Bitcoin fell back to sub-$32,100 levels and into the red. Steering clear of sub-$32,000 levels, however, moved back through to $32,300 levels to deliver the upside on the day. The near-term bullish trend remained intact, in spite of the latest return to $29,000 levels. For the bears, Bitcoin would need a sustained fall through the 62% FIB of $27,237 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was a mixed day on Thursday. Bitcoin Cash SV fell by 0.39% to buck the trend on the day. It was a bullish day for the rest of the majors, however. Polkadot rallied by 6.13% to lead the way, with Chainlink (+4.91%), Crypto.com Coin (+3.04%), and Ripple’s XRP (+4.17%) also making solid gains. Binance Coin (+0.09%), Cardano’s ADA (+1.34%), Ethereum (+1.43%), and Litecoin (+2.44%) trailed the front runners, however. In the current week, the crypto total market fell to a Tuesday low $1,154bn before rising to a Wednesday high $1,337bn. At the time of writing, the total market cap stood at $1,310bn. Bitcoin’s dominance rose to a Tuesday high 47.62% before falling to a Thursday low 45.91%. At the time of writing, Bitcoin’s dominance stood at 46.22%. This Morning At the time of writing, Bitcoin was down by 0.11% to $32,283.0. A mixed start to the day saw Bitcoin rise to an early morning high $32,449.4 before falling to a low $32,282.4. Bitcoin left the major support and resistance levels untested early on. Elsewhere, it was a bearish start to the day. At the time of writing, Cardano’s ADA was down by 0.63% to lead the way down. Story continues For the Bitcoin Day Ahead Bitcoin would need to avoid the $32,222 pivot to bring the first major resistance level at $32,708 into play. Support from the broader market would be needed for Bitcoin to break out from Thursday’s high $32,610.0. Barring a broad-based crypto rally, the first major resistance level and resistance at $33,000 would likely cap any upside. In the event of an extended crypto rally, Bitcoin could test resistance at $33,500 before any pullback. The second major resistance level sits at $33,097. A fall through the $32,222 pivot would bring the first major support level at $31,833 into play. Barring another extended sell-off on the day, Bitcoin should steer clear of sub-$31,000 levels. The second major supp **Last 60 Days of Bitcoin's Closing Prices:** [38705.98, 38402.22, 39294.20, 38436.97, 35697.61, 34616.07, 35678.13, 37332.86, 36684.93, 37575.18, 39208.77, 36894.41, 35551.96, 35862.38, 33560.71, 33472.63, 37345.12, 36702.60, 37334.40, 35552.52, 39097.86, 40218.48, 40406.27, 38347.06, 38053.50, 35787.25, 35615.87, 35698.30, 31676.69, 32505.66, 33723.03, 34662.44, 31637.78, 32186.28, 34649.64, 34434.34, 35867.78, 35040.84, 33572.12, 33897.05, 34668.55, 35287.78, 33746.00, 34235.20, 33855.33, 32877.37, 33798.01, 33520.52, 34240.19, 33155.85, 32702.03, 32822.35, 31780.73, 31421.54, 31533.07, 31796.81, 30817.83, 29807.35, 32110.69, 32313.11] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2021-07-23 **Financial & Commodity Data:** - Gold Closing Price: $1801.40 - Crude Oil Closing Price: $72.07 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $602,621,114,625 - Hash Rate: 91755226.95814537 - Transaction Count: 231130.0 - Unique Addresses: 581850.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.23 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Dapper Labs’ non-fungible token (NFT) platform NBA Top Shot has notched over $700 million in total sales in less than a year, according to CEO Roham Gharegozlou. Speaking at CoinDesk’s Consensus 2021 with investor Mary Meeker, Gharegozlou said Dapper’s NFT marketplace for basketball “moments” now boasts 1 million users, an eye-watering figure for a single crypto product. Half of Top Shot’s users have paid for packs or in trades, and between 150,000 to 250,000 log in every day. The sterling growth numbers come as the broader NFT market gradually cools down from the breakneck highs of early 2021. Top Shot was no exception: desirable moments of top National Basketball Association stars traded for hundreds of thousands of dollars during the peak NFT craze. Related: Tom Brady to Speak at Consensus 2021 “The headlines are always, you know, ‘LeBron sells for $200,000 or $300,000,” Gharegozlou said, “but the reality is, out of the four and a half-ish million transactions on the marketplace in the past few months, over 3 million have been less than $50.” NBA Top Shot user numbers Paired with its steady daily user count, NBA Top Shot’s small-dollar figures illustrate how the platform has risen above the heady, techy and sometimes scammy NFT landscape to become a mainstream hit. Hundreds of thousands of basketball fans wait regularly, sometimes multiple times a week, in digital queues for a chance to buy blockchain-registered highlight reels of dunks, swishes and assists. Their favorite players are in on the fun, too: “Put that on Top Shot” has become a mantra of the current NBA season, according to the New York Times . All this has paid off big for Dapper Labs, the NFT development firm behind Top Shot and its host blockchain, Flow. Dapper was reportedly valued at $7.5 billion in April. Three weeks prior, it raised capital at a $2.6 billion valuation. Related: Learn About BTC Privacy at Consensus Day 3 Story continues Top Shot’s $700 million figure comes mostly from trading on the secondary market, Gharegozlou said, meaning it’s not all money in the bank for Dapper and its partner, the NBA. Marketplace sales add a 5% fee to cover the league’s cut and on-chain transaction fees. Pack drops represent “a good amount” of total sales figures but most are in the secondary market, he said. Crypto’s UX win Gharegozlou said his firm’s success stems from building products that people want to use, that are easy to use and that do not lock themselves in a corner by “yelling crypto.” Dapper Labs is positioning itself to capture continued success from Top Shot’s wealth of users. It is the most popular application on Dapper’s Flow blockchain, but not the only one. Over 1,000 developers are now building for the Flow ecosystem, Gharegozlou said. He made clear that Dapper’s out for crypto proliferation. “Put a crypto wallet in everybody’s pocket, that’s the number one mission,” Gharegozlou said. Related Stories GameStop Is Hiring for New NFT Platform on Ethereum Associated Press Auctions 10 NFTs Celebrating 175 Years of Photojournalism... - Reddit Posts (Sample): [['u/ykawai19', 'Price Trend of Standard Products Starting From Dominaria (as of 7/22/21)', 91, '2021-07-23 00:52', 'https://www.reddit.com/r/mtgfinance/comments/opp666/price_trend_of_standard_products_starting_from/', 'My overall conclusion from below is that in the short term (3 years to collect this data), single cards are not investable. There are exceptions, just like people who get lucky on individual stocks or bitcoin investments.\n\nI thought that the specialty products would gain more value over draft/set booster boxes, but they are essentially equivalent. In the long term, this may not stand true.\n\nKeep in mind that this post is not to estimate potential profitability. The table does not take into account seller fees, shipping costs, bulk card pricing, etc. This is only to show an interesting, short-term trend.\n\nIf you would like to see an example of how you could calculate potential profitability, take a look at this thread where it discusses the profitability of Secret Lair products:\n\n[https://www.reddit.com/r/mtgfinance/comments/opio98/secret\\_lair\\_profitability\\_as\\_of\\_72221/](https://www.reddit.com/r/mtgfinance/comments/opio98/secret_lair_profitability_as_of_72221/)\n\n​\n\nhttps://preview.redd.it/cuwql0dw2wc71.png?width=2487&format=png&auto=webp&s=c971a8044804e1e2890a741c2639d5064b2f882d', 'https://www.reddit.com/r/mtgfinance/comments/opp666/price_trend_of_standard_products_starting_from/', 'opp666', [['u/cl174', 41, '2021-07-23 02:37', 'https://www.reddit.com/r/mtgfinance/comments/opp666/price_trend_of_standard_products_starting_from/h66yclm/', 'I don’t think this quiet captures the question your trying to answer. When most people talk about investing in singles they are talking about targeted investments, where you are taking a sample of random cards you pulled. I’m also not sure what time point you pulled data from.\n\nI think if you would really want to see if it’s a good idea to buy singles, it would be better to see how certain groups of cards appreciate in value. Like taking all the 1$ bulk and seeing how that preforms over time since that’s where you see a lot of big multiple gains. Or taking the top 5 most expensive chase cards. Or cross referencing it with a list of cards commonly played cards ect.\n\nIt would be super tedious, but if you really want to answer that question I think that’s the way to answer it. I would bet that an index of modern playable cards out preforms the singles you pull randomly from boosters.', 'opp666']]], ['u/vshory9', 'I want to create a crypto portfolio with $5,000 what should my portfolio consist of?', 15, '2021-07-23 01:50', 'https://www.reddit.com/r/CryptoCurrency/comments/opq5eg/i_want_to_create_a_crypto_portfolio_with_5000/', 'I’m thinking of putting equal amounts in Bitcoin, Ethereum, Cardano, Polkadot, DogeCoin, SXCoin and Litecoin. Please leave your recommendations here. I won’t be trading these on a regular basis just basically hold them till they hit a nice price target.', 'https://www.reddit.com/r/CryptoCurrency/comments/opq5eg/i_want_to_create_a_crypto_portfolio_with_5000/', 'opq5eg', [['u/anotherjohnishere', 11, '2021-07-23 01:53', 'https://www.reddit.com/r/CryptoCurrency/comments/opq5eg/i_want_to_create_a_crypto_portfolio_with_5000/h66tar9/', 'You can skip Doge and LTC tbh', 'opq5eg'], ['u/fredum12', 14, '2021-07-23 01:55', 'https://www.reddit.com/r/CryptoCurrency/comments/opq5eg/i_want_to_create_a_crypto_portfolio_with_5000/h66tihy/', 'ETH, ALGO, ADA and MATIC.', 'opq5eg'], ['u/DaveinOakland', 11, '2021-07-23 02:02', 'https://www.reddit.com/r/CryptoCurrency/comments/opq5eg/i_want_to_create_a_crypto_portfolio_with_5000/h66u8jk/', '60% ETH/30% BTC/10% XMR', 'opq5eg'], ['u/XTingleInTheDingleX', 26, '2021-07-23 03:08', 'https://www.reddit.com/r/CryptoCurrency/comments/opq5eg/i_want_to_create_a_crypto_portfolio_with_5000/h671x0q/', 'Why are people still buying Doge?', 'opq5eg']]], ['u/Sennon1', 'Baby Doge - IMPORTANT THINGS TO REMEMBER', 146, '2021-07-23 01:55', 'https://www.reddit.com/r/BABYDOGEARMY/comments/opq85x/baby_doge_important_things_to_remember/', 'Dear members of our Baby Doge family: \n\nI\'m seeing a lot of people worried about the price. When pump, why dumping, when moon, when lambo, how many zeros we kill, why are whales selling, etc. etc. \n\nI\'d like to make a few points to put some people here at ease: \n\nFirstly, for those asking how high the price can reach. Let\'s take a look at Bitcoin, the father of all cryptocurrencies: On May 22nd 2010, a bitcoin was worth about 0.0025 (Laszlo Hanyecz bought 2 pizzas for 10,000 BTC, then equivalent to $25). Fast forward 11 years, and on May 22nd 2021 a bitcoin was worth about $37,500 - *15 million* times the price of 2010. Earlier this year it was about $27,000 more than that - almost *26 million* times the 2010 price! \n\nIf Laszlo Hanyecz had kept the bitcoin and used cash for the pizza, he would have about $320,000,000 worth right now. \n\nIf you, dear reader, had bought $1 worth of bitcoin in 2010 (400 BTC), you would have about $12,800,000 worth right now. \n\nBut Bitcoin has a cap of 21 million coins in total. Baby Doge has 420 quadrillion - 20b times as much as bitcoin. So big difference, no? \n\nWell, yes. But there are some other differences as well, that work to our advantage: \n\n1. The current price has 6 more zeros than bitcoin did. So in order for $1 worth of Baby Doge to be worth 15 million, the price needs to be "merely" $0.00375. \n\n2. That would still be very difficult to achieve, as that is only 1/10m of bitcoin price, while there are 20b times more Baby Doge coins. And that\'s where our tokenomics come in: Baby Doge started with 480q, but it doesn\'t have that much anymore; in less than 2 months, there are only 276q left. Every transaction burns off 5%. \n\nAs the amount of available tokens drops, the price will go up. Whales are our *friends* here: they buy low, sell high, big amounts. When they buy, they burn coins. When they sell, they burn coins. They make short term gains, that\'s their business. If I had $100k lying around I would do it too, why not? Easy money. But I don\'t, so I hodl. And I receive reflections from them. So it\'s win-win! \n\nAnd ultimately, the price will continue to soar. It\'s true, when whales sell the price drops temporarily. But eventually it will go back up, as the total amount of coins goes down. Soon *you* will be a whale with a trillion coins. Then with a billion. Then with a million. \n\nHow long will that take to achieve? That, my friends, depends on *us.* Dogecoin did extremely well this year, thanks to constant hype; we can do it too! By constant shilling on social media and in real life, we can get more and more people to buy it and hold it, and drive the price up. By hodling and not selling, everyone can end up a millionaire. But it won\'t happen tomorrow, only if you have patience, keep up the hype, and hodl for dear life! \n\n(Suggestions for hodling: 1. Don\'t spend your life savings, spend what you would spend on gambling. 2. If you have the urge to buy and sell, do it with another coin, while hodling this one. You can make good money from other coins too! Or lose as well. Your choice. 3. If it\'s really hard to see your portfolio drop - write down your pass phrase in a safe place, and delete the wallet from your phone. Come back in a year and see where it\'s at.) \n\n@babydogefather has kindly offered to speed up the process just a bit by burning 250t, and an additional 250t if that tweet gets retweeted 50k times. I\'m personally astonished and ashamed that with almost 132k members here, this hasn\'t been achieved yet. We can do better! Lets get it done in 2 more days, and show the world we mean business!\n\nCopy and paste and share the word fam.\n\nYours truly, \n\nA Baby Doge Hodler.', 'https://www.reddit.com/r/BABYDOGEARMY/comments/opq85x/baby_doge_important_things_to_remember/', 'opq85x', [['u/StashBeatz', 18, '2021-07-23 02:15', 'https://www.reddit.com/r/BABYDOGEARMY/comments/opq85x/baby_doge_important_things_to_remember/h66vrqb/', "Well said Bro. People love to complain about burns and so on but majority don't even make a Twitter account just to help the cause. To the moon soon", 'opq85x'], ['u/zugnaziu', 11, '2021-07-23 02:49', 'https://www.reddit.com/r/BABYDOGEARMY/comments/opq85x/baby_doge_important_things_to_remember/h66zrnd/', "Well said my friend. Only thing I would like to point out is there's not 132k members here on Reddit. We are under 10k.", 'opq85x'], ['u/Prokletnost', 12, '2021-07-23 03:13', 'https://www.reddit.com/r/BABYDOGEARMY/comments/opq85x/baby_doge_important_things_to_remember/h672h1f/', 'This was CTRL-V front telegram, there we have 130k', 'opq85x']]], ['u/AngryMooseTesticles', 'Anyone here NOT successful by hodling?', 487, '2021-07-23 02:28', 'https://www.reddit.com/r/CryptoCurrency/comments/opqtdn/anyone_here_not_successful_by_hodling/', "I was in crypto in early 2017... Took an initial investment of $50k USD. Turned it into $150k (I got in late), then turned it into $5k in 2018... by hodling. I put that $5k into Harmony ONE in 2019 shortly after the ICO at $0.007. I rode that up to \\~$160k USD and kept hodling at $0.23 per coin. I hodled on down to $50k. Enough is enough, so I started trading BTC. DCA'ing in on the dips and DCA'ing out on the rises. I'm now back up to nearly $70k.\n\nI'm at the point now that if I'm making any astronomical profit, I'm taking it out. DCA'ing in is cool, hodling is cool if you bought at an ATH, but to buy super low and not sell for gain is a dumbass move.\n\nTake it from a 2x dumbass.\n\nEDIT: DCA in. But don't forget to DCA out your profits. Haters will hate.\n\nEDIT #2: Not a moon farm post. I don't even have a vault lol. I never will", 'https://www.reddit.com/r/CryptoCurrency/comments/opqtdn/anyone_here_not_successful_by_hodling/', 'opqtdn', [['u/CondorP16', 12, '2021-07-23 02:31', 'https://www.reddit.com/r/Crypt... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
34292.45, 35350.19, 37337.54, 39406.94, 39995.91, 40008.42, 42235.55, 41626.20, 39974.89, 39201.95
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['Bitcoin , BTC to USD, rallied by 4.11% on Friday. Following a 0.52% gain on Thursday, Bitcoin ended the day at $33,650.0. After a mixed start to the day, Bitcoin fell to a late afternoon intraday low $32,020.0 before making a move. Steering clear of the first major support level at $30,168, Bitcoin rallied to a late intraday high $33,625.3. Bitcoin broke through the first major resistance level at $32,698 and the second major resistance level at $33,097 to end the day at $33,650 levels. The near-term bullish trend remained intact, in spite of the latest return to $29,000 levels. For the bears, Bitcoin would need a sustained fall through the 62% FIB of $27,237 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was a mixed day on Friday. Crypto.com Coin and Polkadot fell by 1.34% and by 2.22% respectively to buck the trend on the day. It was a bullish day for the rest of the majors, however. Ethereum rallied by 4.99% to lead the way. Chainlink (+2.91%), Litecoin (+2.93%), and Ripple’s XRP (+2.62%) also made solid gains. Binance Coin (+2.06%), Bitcoin Cash SV (+1.96%), and Cardano’s ADA (+1.89%) trailed the front runners, however. In the current week, the crypto total market fell to a Tuesday low $1,154bn before rising to a Friday high $1,375bn. At the time of writing, the total market cap stood at $1,358bn. Bitcoin’s dominance rose to a Tuesday high 47.62% before falling to a Thursday low 45.91%. At the time of writing, Bitcoin’s dominance stood at 46.34%. This Morning At the time of writing, Bitcoin was down by 0.35% to $33,532.0. A mixed start to the day saw Bitcoin rise to an early morning high $33,783.0 before falling to a low $33,456.9. Bitcoin left the major support and resistance levels untested early on. Elsewhere, it was a mixed start to the day. Crypto.com Coin was up by 3.27% to lead the way, with Chainlink (+0.28%) and Litecoin (+0.20%) also in the green. It was a bearish start for the rest of the majors, however. Story continues At the time of writing, Binance Coin was down by 0.73% to lead the way. For the Bitcoin Day Ahead Bitcoin would need to avoid the $33,098 pivot to bring the first major resistance level at $34,177 into play. Support from the broader market would be needed for Bitcoin to break out from this morning’s high $33,783.0. Barring a broad-based crypto rally, the first major resistance level and resistance at $34,500 would likely cap any upside. In the event of an extended crypto rally, Bitcoin could test resistance at $36,000 before any pullback. The second major resistance level sits at $34,704. A fall through the $33,098 pivot would bring the first major support level at $32,572 into play. Barring another extended sell-off on the day, Bitcoin should steer clear of sub-$31,000 levels. The second major support level at $31,493 should limit the downside. This article was originally posted on FX Empire More From FXEMPIRE: Gold Price Prediction – Prices Slip on Dollar Strength U.S. stock markets hit new highs, Treasury yields up as choppy week ends Silver Price Prediction – Silver Falls as Yields Rise as Growth Concern Weigh on Prices Gold Weekly Price Forecast – Gold Markets Show Choppy Behavior The Weekly Wrap – Another Win for the Greenback as COVID-19 Raises the Alarm S&P 500 Weekly Price Forecast – Stock Markets Continue to Plow Higher', 'Bitcoin , BTC to USD, rallied by 4.11% on Friday. Following a 0.52% gain on Thursday, Bitcoin ended the day at $33,650.0. After a mixed start to the day, Bitcoin fell to a late afternoon intraday low $32,020.0 before making a move. Steering clear of the first major support level at $30,168, Bitcoin rallied to a late intraday high $33,625.3. Bitcoin broke through the first major resistance level at $32,698 and the second major resistance level at $33,097 to end the day at $33,650 levels. The near-term bullish trend remained intact, in spite of the latest return to $29,000 levels. For the bears, Bitcoin would need a sustained fall through the 62% FIB of $27,237 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was a mixed day on Friday. Crypto.com Coin and Polkadot fell by 1.34% and by 2.22% respectively to buck the trend on the day. It was a bullish day for the rest of the majors, however. Ethereum rallied by 4.99% to lead the way. Chainlink (+2.91%), Litecoin (+2.93%), and Ripple’s XRP (+2.62%) also made solid gains. Binance Coin (+2.06%), Bitcoin Cash SV (+1.96%), and Cardano’s ADA (+1.89%) trailed the front runners, however. In the current week, the crypto total market fell to a Tuesday low $1,154bn before rising to a Friday high $1,375bn. At the time of writing, the total market cap stood at $1,358bn. Bitcoin’s dominance rose to a Tuesday high 47.62% before falling to a Thursday low 45.91%. At the time of writing, Bitcoin’s dominance stood at 46.34%. This Morning At the time of writing, Bitcoin was down by 0.35% to $33,532.0. A mixed start to the day saw Bitcoin rise to an early morning high $33,783.0 before falling to a low $33,456.9. Bitcoin left the major support and resistance levels untested early on. Elsewhere, it was a mixed start to the day. Crypto.com Coin was up by 3.27% to lead the way, with Chainlink (+0.28%) and Litecoin (+0.20%) also in the green. It was a bearish start for the rest of the majors, however. Story continues At the time of writing, Binance Coin was down by 0.73% to lead the way. For the Bitcoin Day Ahead Bitcoin would need to avoid the $33,098 pivot to bring the first major resistance level at $34,177 into play. Support from the broader market would be needed for Bitcoin to break out from this morning’s high $33,783.0. Barring a broad-based crypto rally, the first major resistance level and resistance at $34,500 would likely cap any upside. In the event of an extended crypto rally, Bitcoin could test resistance at $36,000 before any pullback. The second major resistance level sits at $34,704. A fall through the $33,098 pivot would bring the first major support level at $32,572 into play. Barring another extended sell-off on the day, Bitcoin should steer clear of sub-$31,000 levels. The second major support level at $31,493 should limit the downside. This article was originally posted on FX Empire More From FXEMPIRE: Gold Price Prediction – Prices Slip on Dollar Strength U.S. stock markets hit new highs, Treasury yields up as choppy week ends Silver Price Prediction – Silver Falls as Yields Rise as Growth Concern Weigh on Prices Gold Weekly Price Forecast – Gold Markets Show Choppy Behavior The Weekly Wrap – Another Win for the Greenback as COVID-19 Raises the Alarm S&P 500 Weekly Price Forecast – Stock Markets Continue to Plow Higher', 'BeInCrypto –\nThe global crypto yield-earning platform Celsius Network is pressing ahead with a $200 million commitment towards clean bitcoin (BTC) mining. Part of which has involved a $54 million investment in Core Scientific, a leading figure in carbon-neutral mining.\nAccording to reportsfrom July 23, Celsius’ overall commitment should place the company as one of the biggest investors in the BTC mining industry. Celsius first pledged $200 million worth of mining equipment to Core Scientific, as well as Rhodium Enterprises, a mining company based in Texas, and hash rate-based software company Luxor Technologies,back in June.\nThis storywas seen first onBeInCryptoJoin our Telegram Groupand get trading signals, a free trading course and more stories likethisonBeInCrypto', 'BeInCrypto – The global crypto yield-earning platform Celsius Network is pressing ahead with a $200 million commitment towards clean bitcoin (BTC) mining. Part of which has involved a $54 million investment in Core Scientific, a leading figure in carbon-neutral mining. According to reports from July 23, Celsius’ overall commitment should place the company as one of the biggest investors in the BTC mining industry. Celsius first pledged $200 million worth of mining equipment to Core Scientific, as well as Rhodium Enterprises, a mining company based in Texas, and hash rate-based software company Luxor Technologies, back in June . This story was seen first on BeInCrypto Join our Telegram Group and get trading signals, a free trading course and more stories like this on BeInCrypto', 'Is crypto the (new) trade of our lifetime? I ask this question as the price of Bitcoin (BTC-USD) — a proxy for all cryptocurrencies —has fallen almost 50% since mid-April, from $63,000 to $32,000.(I’ll get to the parenthetical "new" in a second.)\nWe may even be heading into another so-called crypto winter, where the price of Bitcoin falls precipitously and stays down for some time. But here’s the rub: Heretofore each downturn has been followed by the price of the coin recovering and then going on to greatly exceed its previous high.\nDoesn’t that scream long term buy and hold? (Or trader bait if that’s what floats your boat.) Shouldn’t you therefore own a piece? Maybe just a little piece?\nHow do we know crypto will continue to go up? No one knows. Apple (AAPL), Tesla (TSLA) and Nvidia (NVDA) seem like obvious bets now, but five or 10 years ago they looked risky, or overpriced or both. And with Bitcoin you add a whole other layer of uncertainty, which is to say crypto currency itself. Crypto is way more complex and speculative than iPhones or EVs or chips.\nI’ll get into the issue of defining crypto later, but I want to be clear that what I’m really trying to address here is, should you have some exposure to crypto in your investment portfolio, and if so, what kind and how much?\nThat question comes from this fact: It’s entirely possible the only thing riskier than owning crypto, is not owning crypto. Meaning that 50 years from now, your grandchildren might shake their heads in disgust for you not buying Bitcoin at $32,000, (or $25,000 next week.)\nA dilemma, no?\nLet me briefly address the word "new" in my lead, which I used because for the past 25 years, I **Last 60 Days of Bitcoin's Closing Prices:** [38402.22, 39294.20, 38436.97, 35697.61, 34616.07, 35678.13, 37332.86, 36684.93, 37575.18, 39208.77, 36894.41, 35551.96, 35862.38, 33560.71, 33472.63, 37345.12, 36702.60, 37334.40, 35552.52, 39097.86, 40218.48, 40406.27, 38347.06, 38053.50, 35787.25, 35615.87, 35698.30, 31676.69, 32505.66, 33723.03, 34662.44, 31637.78, 32186.28, 34649.64, 34434.34, 35867.78, 35040.84, 33572.12, 33897.05, 34668.55, 35287.78, 33746.00, 34235.20, 33855.33, 32877.37, 33798.01, 33520.52, 34240.19, 33155.85, 32702.03, 32822.35, 31780.73, 31421.54, 31533.07, 31796.81, 30817.83, 29807.35, 32110.69, 32313.11, 33581.55] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2021-07-24 **Financial & Commodity Data:** - Gold Closing Price: $1801.40 - Crude Oil Closing Price: $72.07 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $634,105,522,981 - Hash Rate: 104668925.56706952 - Transaction Count: 198091.0 - Unique Addresses: 497255.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.22 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: If you’re bored with index funds and you’re ready to roll the dice on one of those sexy and mysterious new alternative investments,you have plenty of options. One of those options involves a Japanese dog, Elon Musk and what appears to be fake money from a toy cash register. Read:How Does Cryptocurrency Work – and Is It Safe?Find Out:Where Does Cryptocurrency Come From? That’s Dogecoin (DOGE), and it’s here to rescue anyone who couldn’t bear to wait one second longer for the latest next-big-thing cryptocurrency that promises to out-Bitcoin Bitcoin. Dogecoin is a joke — or at least it started out as one. Two software engineers — IBM’s Billy Markus and Adobe’s Jackson Palmer — created Dogecoin in 2013 to lampoon all the altcoin wannabes that popped up after Bitcoin rose to blockchain fame. As a logo, they chose a Shiba Inu from a meme called Doge, which went viral that same year. The Economy and Your Money:All You Need To Know Like Bitcoin and all cryptocurrency, Dogecoin is: • Decentralized — it’s not issued or backed by a government or bank • “Mined” independently and recorded on a blockchain • Anonymous — privacy is part of the reason crypto is so popular Unlike Bitcoin and other “deflationary” cryptocurrencies that exist in limited quantities, there is no cap on “inflationary” Dogecoin. It started as tech-geek satire, but Palmer and Markus were skilled, experienced and imaginative professionals. Their blockchain, proof-of-work process and minting procedures were stable, efficient and secure. Crypto wonks recognized its potential and the fake currency began amassing a very real following. More Economy Explained:Ethereum (ETH): What It Is, What It’s Worth and Should You Be Investing? It already had achieved cult status by the time Tesla CEO Elon Musk startedtweeting about Dogecoin in 2021. The props from Musk made Dogecoin a household name and sent its value soaring. It’s now one of the most-used altcoins, particularly for tipping on social media. Investors who are put off by the $36,000-plus asking price of a single Bitcoin will be happy to know that comparatively, Dogecoin trades at a bargain.As of March 19, Dogecoin was trading at $0.0585 per coin.But as of May 4, the price was up to $0.53, according to CoinDesk — a huge increase for people who had already bought in. It has since dropped down to $0.34, as of June 9 — still a big increase if you bought way back when. Find Out:Why Some Money Experts Believe In Bitcoin and Others Don’t If you’re reading a basic primer like this, you’re probably better off sticking with your ETF until you learn the ropes. Investing in crypto is not like buying shares of Walmart or UPS. First, it’s incredibly volatile. Wild price swings that would make the common investor queasy are par for the course. The way that cryptocurrency is generated, distributed, validated and accounted for is completely foreign even to most tech-savvy investors. It’s not backed by any bank, government or corporation, and despite the fact that it feels like everyone’s talking about it, crypto is still a highly experimental niche concept that the vast majority of people know almost nothing about and are nowhere near adopting. Read:How To Invest In Cryptocurrency: What You Should Know Before Investing There’s a steep learning curve to investing in cryptocurrency. It requires immersion. If you’re just recently hearing about Dogecoin, it’s probably best to invest time in research before you invest a single dollar in an imaginary coin adorned with a picture of a smiling dog. This article is part of GOBankingRates’ ‘Economy Explained’ series to help readers navigate the complexities of our financial system. GOBankingRates’ Crypto Guides More From GOBankingRates • Jaw-Dropping Stats About the State of Retirement in America • Big Personal Goals That You Should Put Your Money Toward • 20 Home Renovations That Will Hurt Your Home’s Value • 27 Things You Should Never Do With Your Money Last updated: June 9, 2021 This article originally appeared onGOBankingRates.com:Dogecoin’s Popularity: Is It Still Worth an Investment?... - Reddit Posts (Sample): [['u/vocatus', 'Tron v12.0.0 (2021-07-23) // Completely remove support for Windows XP 💀😔 (override with -dev switch) // minor definition updates', 317, '2021-07-24 01:29', 'https://www.reddit.com/r/TronScript/comments/oqe6qg/tron_v1200_20210723_completely_remove_support_for/', '##Background\n\nTron is a script that "fights for the User." \n\nIt aims to automate ~87% of the tedious work in getting a badly-running Windows system back on its feet (clicking "next" in A/V scan windows, etc); with much left to the discretion of the tech. \n\nIt is built with heavy reliance on community input and updated regularly. \n\nIt is **NOT** a system optimization or "baseline" script. \n\nRead the instructions.\n\n----------------------------------------\n\n##Sequence of operation\n\n[Prep](https://github.com/bmrf/tron/blob/master/README.md#stage-0-prep) > [Tempclean](https://github.com/bmrf/tron/blob/master/README.md#stage-1-tempclean) > [De-bloat](https://github.com/bmrf/tron/blob/master/README.md#stage-2-de-bloat) > [Disinfect](https://github.com/bmrf/tron/blob/master/README.md#stage-3-disinfect) > [Repair](https://github.com/bmrf/tron/blob/master/README.md#stage-4-repair) > [Patch](https://github.com/bmrf/tron/blob/master/README.md#stage-5-patch) > [Optimize](https://github.com/bmrf/tron/blob/master/README.md#stage-6-optimize) > [Wrap-up](https://github.com/bmrf/tron/blob/master/README.md#stage-7-wrap-up) | [Manual tools](https://github.com/bmrf/tron/blob/master/README.md#stage-9-manual-tools)\n\nSaves a log to `C:\\logs\\tron\\tron.log` *(configurable)*.\n\n[screenshots of Tron in action](http://imgur.com/a/xaUGT)\n\n---------------------------------------------------\n\n##Changelog\n\n*(significant changes in bold; full changelog [on Github](https://github.com/bmrf/tron/blob/master/changelog.txt))*\n\n\n**v12.0.0** (2021-07-23)\n\n \\- Remove support for Windows XP (override with the `-dev` switch. You\'ll probably get a lot of popup errors, most utilities don\'t support running on XP anymore). RIP in peace to one of the greats\n\n \\* Minor definition updates (anti-virus definitions, de-bloat lists, etc)\n\n\n**v11.2.1** (2021-06-02)\n\n \\+ Add Italian language support for network detection. Thanks to github:AsterITA\n\n \\* Update O&OShutUp10, disable "Meet Now" icon in the taskbar\n\n \\. Minor definition updates\n\n---------------------------------------------------\n\n##Download\n\n1. **Primary method**: Download the [.torrent](https://bmrf.org/repos/tron/Tron%20v12.0.0%20\\(2021-07-23\\).torrent).\n\n2. **Secondary**: Download a self-extracting `.exe` pack from one of the mirrors:\n\n Mirror | HTTPS | HTTP | Location | Host\n -------|--------|--------|-------|-------\n Official | [link](https://bmrf.org/repos/tron) | [link](http://www.bmrf.org/repos/tron) | US-DC | u/SGC-Hosting\n #1 | [link](https://www.danodemano.com/Tron/) | [link](http://www.danodemano.com/Tron/) | US-NY | u/danodemano\n #3 | [link](https://bodkov.com) | [link](http://bodkov.com) | DE | u/bodrino\n #4 | [link](https://mirror.meamod.com/tron) | [link](http://mirror.meamod.com/tron) | US/EU | u/mxmod\n #5 | [link](https://tron.ajcutshall.com/) | --- | US-MI | u/ajcutshall\n #6 | [link](https://tron.defectiveness.ml/index.php) | --- | GB-LND | u/FreezerMoosh\n #7 | [link](https://www.oldergeeks.com/downloads/file.php?id=2202) | --- | US-MO | u/OlderGeeks\n #8 | [link](https://www.tronscript.com/) | --- | ^Amazon ^CDN | u/helpdesktv\n #9 | [link](http://www.softpedia.com/progDownload/Tron-Script-Download-258242.html) | --- | ^Global ^CDN | [Softpedia](http://www.softpedia.com)\n\n\n3. **Tertiary**: Connect to the [Syncthing](https://syncthing.net/) repo ([instructions](https://www.reddit.com/r/TronScript/comments/9gmmr9/syncthing_connection_thread_server_device_id_has/)) to get fixes/updates immediately. This method has [some risks](https://www.reddit.com/r/TronScript/comments/4yt14s/photoscr_has_popped_its_ugly_head_back_up/) and you should only use it if you understand them.\n\n4. **Quaternary**: Source code\n\n Source code is available [on Github](https://github.com/bmrf/tron/) (Note: this doesn\'t include many of the utilities Tron relies on to function). If you want to view the code without downloading a ~600MB package, Github is a good place to do it.\n\n---------------------------------------------------\n\n##Command-Line Support\n\nTron has full command-line support. Switches are optional, can be used simultaneously, and override their respective default when used. **[See here](https://github.com/bmrf/tron/blob/master/README.md#command-line-use)** for a list of command-line switches.\n\n---------------------------------------------------\n\n##Pack Integrity\n\nSHA-256 hashes are in `\\tron\\integrity_verification\\checksums.txt` and are signed with my [PGP key](http://bmrf.org/vocatus-public-key.txt) (0x07d1490f82a211a2, pubkey included). Use this to verify pack integrity. \n\n---------------------------------------------------\n\n##Donations\n\nTron will always be free and open-source. If you\'d like to buy me a beer or more importantly ... scotch ... you can do so here:\n\n - **[Patreon](https://www.patreon.com/vocatusgate)**\n\n - Monero (preferred): `4GG9KsJhwcW3zapDw62UaS71ZfFBjH9uwhc8FeyocPhUHHsuxj5zfvpZpZcZFHWpxoXD99MVt6PnR9QfftXDV8s6HbYdDuZEDZ947uiEje`\n\n - Bitcoin: `1Biw8gx2kD7mZf66ZdNgB9tG1pE9YA3kEd`\n\n - Bitcoin Cash: `18sXTTrAViPZVQtm63zBK6aCK3XfJpEThk`\n\nThese addresses go directly to u/vocatus. If you wish to support another volunteer (e.g. the incredibly generous u/SGC-Hosting) please contact them directly.\n\n-----------------------\n\n##Problems and Support\n\nPlease look [here](https://www.reddit.com/r/TronScript/wiki/index#wiki_cq_.28common_questions.29) first for a list of common issues (Tron appearing to be stalled, etc). If it doesn\'t answer your issue, make a top-level post to r/TronScript and myself or one of the community members will look at the issue. Additionally, you can reach me 24/7 [on Keybase](https://keybase.io/vocatus). \n\n*[^"Do ^not ^withhold ^good ^from ^those ^to ^whom ^it ^is ^due, ^when ^it ^is ^in ^your ^power ^to ^act." ^-p3:27](https://biblehub.com/proverbs/3-27.htm)*', 'https://www.reddit.com/r/TronScript/comments/oqe6qg/tron_v1200_20210723_completely_remove_support_for/', 'oqe6qg', '[]'], ['u/HIGGO9339', 'ADAX - July News -- by "Crypto Currency State" Youtube channel', 35, '2021-07-24 01:43', 'https://www.reddit.com/r/ADAXPRO/comments/oqegsb/adax_july_news_by_crypto_currency_state_youtube/', '# Watch the "Crypto Currency State"s -- ADAX -- July News,\n\n"[ADAX Cardano DEX is On Fire!!! ADAX July News - ADAX Price Vs Market - How To Buy And Stake ADAX](https://www.youtube.com/watch?v=gpUFdBrF9QM)"\n\n*Introduction:* "In today\'s video I will show you the ADAX Price Action one of the Cardano DEX Projects. We are going to compare it with BTC, ETH and ADA. And we are going to review the ADAX News of July. How to buy ADAX. How to stake ADAX, and much more." (CCS)\n\n​\n\n*\\*\\* Some of the topics that are discussed - in order :::*\n\n\\#1) - [**Adax.pro**](https://Adax.pro) **Overview**\n\n( Begins around the **1mins 15secs** time mark )\n\n[Adax.pro website home page](https://preview.redd.it/msxyb7o5r1d71.jpg?width=1018&format=pjpg&auto=webp&s=7a66eec3cddc73d4ff83d5ffa075478d54d158d8)\n\n\\#2) - **Cardano Network DEX comparisons**\n\n( Begins around the **1mins 45secs** time mark )\n\n[Excel Spreadsheet with Cardano Network Decentralized Exchange Comparisons](https://preview.redd.it/akpd16ftm1d71.jpg?width=1013&format=pjpg&auto=webp&s=67276c89b52da8ff9973593f00cada86ae18f641)\n\n\\#3) - **CoinGecko Price Details**\n\n( Begins around the **1mins 55secs** time mark )\n\n[CoinGecko.com Adax price page](https://preview.redd.it/l2evz97sn1d71.jpg?width=1014&format=pjpg&auto=webp&s=96f0a34bc3d850de78f48c11105e5a054dd67b83)\n\n\\#4) - **CoinMarketCap Price Details**\n\n( Begins around the **3mins 17secs** time mark )\n\n[CoinMarketCap.com Adax page](https://preview.redd.it/hrljs07yr1d71.jpg?width=1011&format=pjpg&auto=webp&s=5c28c1e480bd8af396f63e30b4a7fdabf3f52df4)\n\n\\#5) - **ExMarkets Trade Talks**\n\n( Begins around the **3mins 30secs** time mark )\n\n[ExMarkets.com Adax\\/Usdt trading pair page](https://preview.redd.it/16oasho4o1d71.jpg?width=1012&format=pjpg&auto=webp&s=f60b2d428415891f958b4cabeb9c315ef523cb9f)\n\n\\#6) - **Staking Options**\n\n( Begins around the **5mins 43secs** time mark )\n\n[ExMarkets Adax Staking options web page](https://preview.redd.it/bp6zewe4m1d71.jpg?width=1016&format=pjpg&auto=webp&s=ca8937b5317589ee9de26ffb0a13ec0fb30174cb)\n\n\\#7) - **Twitter Insights**\n\n( Begins around the **10mins 56secs** time mark )\n\n[Twitter main page for Adax Pro](https://preview.redd.it/81elo4uro1d71.jpg?width=858&format=pjpg&auto=webp&s=7fa349eb7e5106e72e3a84a1fd9723429cecce06)\n\n\\#8) - **"Learn Cardano" Interview with (Cross-chain DEX ) ADAX Pro\'s CMO Dovydas Petkevičius**\n\n( Begins around the **11mins 12secs** time mark )\n\n[\\\\"Learn Cardano\\\\" Interview with \\(Cross-chain DEX \\) ADAX Pro\'s CMO Dovydas Petkevičius](https://preview.redd.it/pu1tdbnvp1d71.jpg?width=1005&format=pjpg&auto=webp&s=fac21708bf0d4f6bc01424ab09310bc9a5d47684)\n\n\\#9) - **Roger Ver Partnership**\n\n( Begins around the **12mins 51secs** time mark )\n\n[Adax Pro - Roger Ver Partnership Tweet](https://preview.redd.it/w2s3frl9t1d71.jpg?width=859&format=pjpg&auto=webp&s=1a750838085cdbcf74cc7204bb6d28fe9db5aec4)\n\nhttps://preview.redd.it/4d1gewjrmed71.jpg?width=968&format=pjpg&auto=webp&s=663bd3340a292a1e2f45283cc50a8ef29ec24c3f\n\nhttps://preview.redd.it/mip7xiwlmed71.jpg?width=942&format=pjpg&auto=webp&s=b8c6b0c00f4d611c8a0321ce0a64ad30ad102684\n\n**Some helpful links:**\n\n​\n\n\\*\\*\\*\\*\\* [**PLATFORM PREVIEW*... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
35350.19, 37337.54, 39406.94, 39995.91, 40008.42, 42235.55, 41626.20, 39974.89, 39201.95, 38152.98
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['Bitcoin , BTC to USD, rose by 1.87% on Saturday. Following a 4.11% rally on Friday, Bitcoin ended the day at $34,279.0. A mixed start to the day saw Bitcoin fall to an early morning intraday low $33,422.0 before making a move. Steering clear of the first major support level at $32,572, Bitcoin rallied to a late afternoon intraday high $34,527.0. Bitcoin broke through the first major resistance level at $34,177 before a pullback to $33,700 levels. Late in the day, however, Bitcoin broke back through the first major resistance level to end the day at $ $34,200 levels. The near-term bullish trend remained intact, in spite of the latest return to $29,000 levels. For the bears, Bitcoin would need a sustained fall through the 62% FIB of $27,237 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was a bullish day on Saturday. Ethereum rose by 2.83% to lead the way, with Cardano’s ADA (+2.11%) and Crypto.com Coin (+2.54%) close behind. Binance Coin (+0.78%), Chainlink (+1.26%), Litecoin (+1.46%), Polkadot (+0.83%), and Ripple’s XRP (+0.01%) trailed the front runners, however, with modest gains. Bitcoin Cash SV ended the day flat. In the current week, the crypto total market fell to a Tuesday low $1,154bn before rising to a Saturday high $1,410bn. At the time of writing, the total market cap stood at $1,371bn. Bitcoin’s dominance rose to a Tuesday high 47.63% before falling to a Thursday low 45.91%. At the time of writing, Bitcoin’s dominance stood at 46.48%. This Morning At the time of writing, Bitcoin was down by 0.91% to $33,966.0. A mixed start to the day saw Bitcoin rise to an early morning high $34,486.0 before falling to a low $33,951.0. Bitcoin left the major support and resistance levels untested early on. Elsewhere, it was a mixed start to the day. Crypto.com Coin bucked the trend early on, rising by 0.18%. It was a bearish day for the rest of the majors, however. At the time of writing, Chainlink was down by 2.43% to lead the way down. Story continues For the Bitcoin Day Ahead Bitcoin would need to move back through the $34,076 pivot to bring the first major resistance level at $34,730 into play. Support from the broader market would be needed for Bitcoin to break out from Saturday’s high $34,527.0. Barring a broad-based crypto rally, the first major resistance level and resistance at $35,000 would likely cap any upside. In the event of another extended crypto rally, Bitcoin could test resistance at $36,000 before any pullback. The second major resistance level sits at $35,181. Failure to move back through the $34,076 pivot would bring the first major support level at $33,625 into play. Barring an extended sell-off on the day, Bitcoin should steer clear of sub-$32,000 levels. The second major support level at $32,971 should limit the downside. This article was originally posted on FX Empire More From FXEMPIRE: Ethereum, Litecoin, and Ripple’s XRP – Daily Tech Analysis – July 24th, 2021 USD/CAD Exchange Rate Prediction – USD/CAD Rises Slightly Despite Better than Expected Canadian Retail Sales The Crypto Daily – Movers and Shakers – July 25th, 2021 The Crypto Daily – Movers and Shakers – July 24th, 2021 S&P 500 Price Forecast – Stock Markets Continue to Make All-Time Highs Silver Weekly Price Forecast – Silver Markets Pull Back to 50 Week EMA', 'Bitcoin , BTC to USD, rose by 1.87% on Saturday. Following a 4.11% rally on Friday, Bitcoin ended the day at $34,279.0. A mixed start to the day saw Bitcoin fall to an early morning intraday low $33,422.0 before making a move. Steering clear of the first major support level at $32,572, Bitcoin rallied to a late afternoon intraday high $34,527.0. Bitcoin broke through the first major resistance level at $34,177 before a pullback to $33,700 levels. Late in the day, however, Bitcoin broke back through the first major resistance level to end the day at $ $34,200 levels. The near-term bullish trend remained intact, in spite of the latest return to $29,000 levels. For the bears, Bitcoin would need a sustained fall through the 62% FIB of $27,237 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was a bullish day on Saturday. Ethereum rose by 2.83% to lead the way, with Cardano’s ADA (+2.11%) and Crypto.com Coin (+2.54%) close behind. Binance Coin (+0.78%), Chainlink (+1.26%), Litecoin (+1.46%), Polkadot (+0.83%), and Ripple’s XRP (+0.01%) trailed the front runners, however, with modest gains. Bitcoin Cash SV ended the day flat. In the current week, the crypto total market fell to a Tuesday low $1,154bn before rising to a Saturday high $1,410bn. At the time of writing, the total market cap stood at $1,371bn. Bitcoin’s dominance rose to a Tuesday high 47.63% before falling to a Thursday low 45.91%. At the time of writing, Bitcoin’s dominance stood at 46.48%. This Morning At the time of writing, Bitcoin was down by 0.91% to $33,966.0. A mixed start to the day saw Bitcoin rise to an early morning high $34,486.0 before falling to a low $33,951.0. Bitcoin left the major support and resistance levels untested early on. Elsewhere, it was a mixed start to the day. Crypto.com Coin bucked the trend early on, rising by 0.18%. It was a bearish day for the rest of the majors, however. At the time of writing, Chainlink was down by 2.43% to lead the way down. Story continues For the Bitcoin Day Ahead Bitcoin would need to move back through the $34,076 pivot to bring the first major resistance level at $34,730 into play. Support from the broader market would be needed for Bitcoin to break out from Saturday’s high $34,527.0. Barring a broad-based crypto rally, the first major resistance level and resistance at $35,000 would likely cap any upside. In the event of another extended crypto rally, Bitcoin could test resistance at $36,000 before any pullback. The second major resistance level sits at $35,181. Failure to move back through the $34,076 pivot would bring the first major support level at $33,625 into play. Barring an extended sell-off on the day, Bitcoin should steer clear of sub-$32,000 levels. The second major support level at $32,971 should limit the downside. This article was originally posted on FX Empire More From FXEMPIRE: Ethereum, Litecoin, and Ripple’s XRP – Daily Tech Analysis – July 24th, 2021 USD/CAD Exchange Rate Prediction – USD/CAD Rises Slightly Despite Better than Expected Canadian Retail Sales The Crypto Daily – Movers and Shakers – July 25th, 2021 The Crypto Daily – Movers and Shakers – July 24th, 2021 S&P 500 Price Forecast – Stock Markets Continue to Make All-Time Highs Silver Weekly Price Forecast – Silver Markets Pull Back to 50 Week EMA', "Square's CEO, Jack Dorsey, is a big believer in the future of bitcoin. That's why Square (SQ) has been investing both directly and indirectly in digital currency. The company invested $50.0 million and $170.0 million in bitcoin in the fourth quarter of 2020 and the first quarter of 2021, respectively, doubling down as the price of the digital currency dropped.\nMeanwhile, Square has been investing in technology that eases bitcoin transactions. For example, its Cash App allows peer-to-peer bitcoin transactions, which generate a big chunk of Square's revenues.\nThe trouble is that Square's big bet on bitcoin exposes the company to price and transaction risk. (SeeSquare stock chartson TipRanks)\nBitcoin is a highly volatile investment, with its price rising and falling in double digits in days and even hours, meaning that investors can make and lose fortunes very quickly.\nCompounding bitcoin's volatility are accounting rules that treat thedigital currencyas an indefinite-lived intangible asset. Thus, it is subject to impairment losses if its fair value decreases below the carrying value during the assessed reporting period. Companies cannot recover impairment losses for any subsequent increase in fair value until the asset's sale.\nAs of March 31, 2021, the fair value of the bitcoin investment was $472.0 million, based on observable market prices resulting in $271.9 million in unrecognized gains. That is according to Square's last financial statements, which were published in May. In addition, the company recorded an impairment charge of $19.9 million in the three months ended March 31, 2021, due to fluctuations in the market price of bitcoin observed during the period.\nHow big can the bitcoin price risk be for Square, going forward? According to its estimates, a hypothetical 10% increase or decrease in the market price of bitcoin as of March 31, 2021, would have resulted in an approximately $20.0 million increase or decrease in the value of the bitcoin investment. Any changes to the carrying value of bitcoin assets are recorded in operating expenses in the condensed consolidated statements of operations.\nBitcoin transactions account for 80% of Square's $5.06 billion revenue for the first quarter of 2021, with bitcoin trading contributing $3.5 billion, or 70% of the total, up from 56% in the fourth quarter of 2020 .\nSquare's reliance on bitcoin transactions for its revenue growth exposes the company to significant risks, should bitcoin suffer another crash and transactions dry up.\nWall Street has begun to factor in this possibility, with Square's shares lagging behind Paypal (PYPL), Visa (V), and Master Card (MA) shares thus far this year.\nMeanwhile, the vast majority of analysts seem to be unfazed by this prospect. Seventeen out of the 22 analysts following the stock rate it a Buy, 4 rate it a Hold, and only one analyst rates it a Sell. Theaverage Square price targetis $285.42, implying an upside of 8.1%.\nSquare's big bet onbitcoin exposesthe company to both price and transaction risks, which could be devastated if the digital currency were to suffer another crash, enter a bear market, or descend to obscurity under the pressure of heavy-handed regulations by governments around the globe.\nWhile such a prospect could kill Square's growth mome **Last 60 Days of Bitcoin's Closing Prices:** [39294.20, 38436.97, 35697.61, 34616.07, 35678.13, 37332.86, 36684.93, 37575.18, 39208.77, 36894.41, 35551.96, 35862.38, 33560.71, 33472.63, 37345.12, 36702.60, 37334.40, 35552.52, 39097.86, 40218.48, 40406.27, 38347.06, 38053.50, 35787.25, 35615.87, 35698.30, 31676.69, 32505.66, 33723.03, 34662.44, 31637.78, 32186.28, 34649.64, 34434.34, 35867.78, 35040.84, 33572.12, 33897.05, 34668.55, 35287.78, 33746.00, 34235.20, 33855.33, 32877.37, 33798.01, 33520.52, 34240.19, 33155.85, 32702.03, 32822.35, 31780.73, 31421.54, 31533.07, 31796.81, 30817.83, 29807.35, 32110.69, 32313.11, 33581.55, 34292.45] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2021-07-25 **Financial & Commodity Data:** - Gold Closing Price: $1801.40 - Crude Oil Closing Price: $72.07 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $646,770,190,000 - Hash Rate: 103989257.2192314 - Transaction Count: 174535.0 - Unique Addresses: 440908.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.27 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: A Swedish crypto gangster has been handed a 15-year sentence following a cryptocurrency scam that defrauded more than $16m from investors. Roger Nils-Jonas Karlsson operated a company called Eastern Metal Securities (EMS), offering investors plans in which shares – purchased using cryptocurrencies – would make huge returns in gold stocks. The fraud ran from 2012 to 2019, culminating in the extradition of the 47-year-old from Thailand to face justice in the US. In order to join the scheme, investors were asked to purchase shares using cryptocurrencies including Bitcoin (BTC) and Ethereum (ETH). Potential investors were reassured that, in the ‘unlikely’ event their shares failed to reach the promised value, up to 97% of their original investment would be returned to their wallets. However, Karlsson syphoned-off the cryptocurrency payments to fund his lifestyle in Thailand – including the purchase of a luxury resort – while feeding investors tales of SEC regulations to explain delays in promised returns. “Karlsson admitted he had no way to pay off the investors,” said a Department of Justice spokesman. “Karlsson’s fraud targeted financially insecure investors, causing severe financial hardship for many of them.” The Department of Justice estimates the proceeds of the scam exceeded $16m, and Karlsson has been hit with a monetary judgement requiring him to pay it all back. Joshua Scigala, Co-Founder of the TheStandard.io , a DeFi infrastructure project, argued cases like this set the crypto industry back years and drive misconception in the eyes of regulators. “These types of scams are absolutely terrible, not only for the people getting scammed but for the entire industry,” he said. “The biggest problem is that well-meaning governments come in to try to regulate it, which can slow innovation and competition. “The cryptocurrency and gold industries are primarily made up of good people that are working hard on projects like The Standard to minimise scammers.” Story continues But what happens to the money? This isn’t the first major crypto bust in recent months. Earlier in July, specialist detectives from London’s Metropolitan Police cracked a huge international money laundering operation, seizing more than $250m (£180m) in cryptocurrency, following on from a prior seizure of $150m (£114m) and the arrest of a 39-year old woman. With seized cryptocurrency holdings approaching half-a-billion in value, the Metropolitan Police is rapidly becoming one of the UK’s biggest crypto whales – and this begs a very important question, what happens to the seized cryptocurrencies? Police in Finland have been wrestling with this issue since 2016, which saw the arrest of one of Scandinavia’s most prominent drug dealers, and the capture of 1,981 BTC (valued at $58m as of today). Finnish authorities spent two years debating what to do with the proceeds of the investigation. Following the bull-run in Bitcoin earlier this year, the Finnish customs department finally moved forward to auction the seized Bitcoins. “Customs can sell its seized cryptocurrency either by itself or tenders an intermediary to it,” said Finnish customs officer Pekka Pylkkänen. In France , a recent police auction of seized cryptocurrency has seen the assets go under the hammer for as much as $5m. This indicates that holding the assets may become an active strategy for law enforcement agencies, as it represents a significant potential source of future funding for the organisations. However, this could have serious implications. Asset forfeiture has become a major source of self-funding for the US Drug Enforcement Administration, with the powers leading to a focus on cash seizure instead of narcotic seizure (which can’t be sold). There is a concern then that cryptocurrency could become the increasing target of operations by law enforcement agencies aiming to protect their bottom-line. More crypto news and information If you want to find out more information about Bitcoin or cryptocurrencies in general, then use the search box at the top of this page. Here’s an article to get you started. As with any investment, it pays to do some homework before you part with your money. The prices of cryptocurrencies are volatile and go up and down quickly. This page is not recommending a particular currency or whether you should invest or not. Disclaimer: The views and opinions expressed by the author should not be considered as financial advice.... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
37337.54, 39406.94, 39995.91, 40008.42, 42235.55, 41626.20, 39974.89, 39201.95, 38152.98, 39747.50
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ["In this article, we discuss the 10 most-shorted stocks Reddit's WallStreetBets is paying attention to. If you want to skip our detailed analysis of these stocks, go directly to the5 Most-Shorted Stocks Reddit's WallStreetBets Is Paying Attention To.\nReddit forum WallStreetBets, with a user base of well over 10.7 million and growing, rose to prominence in the finance world after it was identified as a key social hub frequented by retail investors in the GameStop Corp. (NYSE:GME) and AMC Entertainment Holdings, Inc. (NYSE:AMC) short squeeze at the beginning of this year. Since December 2020, when it had just 1.8 million members, the forum has increased in popularity and influence, sparking appeals for regulation around social media speculation and memeification of the stock market.\nSome of the stocks presently popular on WallStreetBets include Tesla, Inc. (NASDAQ:TSLA), Apple Inc. (NASDAQ:AAPL), The Goldman Sachs Group, Inc. (NYSE:GS), Shopify Inc. (NYSE:SHOP), Bank of America Corporation (NYSE:BAC), and NVIDIA Corporation (NASDAQ:NVDA), among others. In addition to these, firms like GameStop Corp. (NYSE: GME) and AMC Entertainment Holdings, Inc. (NYSE: AMC) also continue to occupy the interest of retail investors months after frustrating short-selling attempts by hedge funds.\nStocks with high short interests remain some of the most discussed on the Reddit forum. As hedge funds track Reddit data in real-time to avoid the losses incurred earlier this year, a pattern is beginning to emerge. News publicationBusiness Insiderreportsthat conversations around meme stocks, apart from ones with fervent fan bases, tend to be short-lived and one-time occurrences. In simple words, investors should note that stocks with high short interest only stay popular on the forum for a short time and then lose appeal.\nThis aligns largely with an earlierreportbyNew York Postthat claimed that hedge funds that had been hit hard by the January short squeezes had bounced back in February, reporting gains that more than offset the losses. The complete list of hedge funds that benefited from the meme stock craze is availablehere. It remains to be seen whether retail investors can take on big finance for the second time in less than a year. Traders are fervently searching for the next GameStop Corp. (NYSE: GME) and AMC Entertainment Holdings, Inc. (NYSE: AMC) already.\nThe entire hedge fund industry is feeling the reverberations of the changing financial landscape. Its reputation has been tarnished in the last decade, during which its hedged returns couldn’t keep up with the unhedged returns of the market indices. On the other hand, Insider Monkey’s research was able to identify in advance a select group of hedge fund holdings that outperformed the S&P 500 ETFs by more than 124 percentage points since March 2017. Between March 2017 and May 29th 2021 our monthly newsletter’s stock picks returned 206.8%, vs. 91.0% for the SPY. Our stock picks outperformed the market by more than 115 percentage points (see the details here). That’s why we believe hedge fund sentiment is an extremely useful indicator that investors should pay attention to. You can subscribe to our free newsletter on our homepage to receive our stories in your inbox.\nPhoto byMohamed HadjionUnsplash\nWith this context in mind, here is our list of the 10 most-shorted stocks Reddit's WallStreetBets is paying attention to. These were ranked keeping in mind the float shorted, the number of mentions on Reddit, analyst ratings, business fundamentals, and hedge fund sentiment around each.\nNumber of Hedge Fund Holders: 22\nFloat Shorted: 23.7%\nFisker Inc. (NYSE: FSR) is placed tenth on our list of 10 most-shorted stocks Reddit's WallStreetBets is paying attention to. The stock has returned 19% to investors over the past year. The firm makes and sells electric vehicles and is based in California. On June 30, the firm announced that it had partnered with Magna International to open a car manufacturing facility in Austria that would help the company speed up the development of Fisker Ocean SUVs. The company has a market cap of over $4.7 billion.\nOn June 8, investment advisory RBC Capital initiated coverage on Fisker Inc. (NYSE: FSR) stock with an Outperform rating and a price target of $27, noting that the plan by the firm to use third parties for electric vehicle manufacture was differentiated from others in the business.\nAt the end of the first quarter of 2021, 22 hedge funds in the database of Insider Monkey held stakes worth $337 million in Fisker Inc. (NYSE: FSR), down from 18 in the previous quarter worth $146 million.\nJust like GameStop Corp. (NYSE: GME), AMC Entertainment Holdings, Inc. (NYSE: AMC), Tesla, Inc. (NASDAQ: TSLA), Apple Inc. (NASDAQ: AAPL), The Goldman Sachs Group, Inc. (NYSE: GS), Shopify Inc. (NYSE: SHOP), Bank of America Corporation (NYSE: BAC), and NVIDIA Corporation (NASDAQ: NVDA), Fisker Inc. (NYSE: FSR) is one of the stocks Reddit's WallStreetBets is paying attention to.\nNumber of Hedge Fund Holders: 12\nFloat Shorted: 24.2%\nRiot Blockchain, Inc. (NASDAQ: RIOT) is a Colorado-based firm that focuses on cryptocurrency mining. It is ranked ninth on our list of 10 most-shorted stocks Reddit's WallStreetBets is paying attention to. The company’s shares have returned 1,165% to investors over the past twelve months. On July 1, investment advisory B Riley boosted the price target of the stock to $51 from $45. The advisory maintained a Buy rating on the shares in the update, underlining that the crypto crackdown in China would benefit North American miners.\nOn July 8, Riot Blockchain, Inc. (NASDAQ: RIOT) announced coin production results for the month of June, revealing that it had mined 243 Bitcoin during the month, up from 48 in June 2020, representing a year-over-year increase of 406%.\nOut of the hedge funds being tracked by Insider Monkey, Chicago-based investment firmCitadel Investment Groupis a leading shareholder in Riot Blockchain, Inc. (NASDAQ: RIOT) with 2.2 million shares worth more than $120 million.\nAlongside GameStop Corp. (NYSE: GME), AMC Entertainment Holdings, Inc. (NYSE: AMC), Tesla, Inc. (NASDAQ: TSLA), Apple Inc. (NASDAQ: AAPL), The Goldman Sachs Group, Inc. (NYSE: GS), Shopify Inc. (NYSE: SHOP), Bank of America Corporation (NYSE: BAC), and NVIDIA Corporation (NASDAQ: NVDA), Riot Blockchain, Inc. (NASDAQ: RIOT) is one of the stocks Reddit's WallStreetBets is paying attention to.\nNumber of Hedge Fund Holders: 13\nFloat Shorted: 24.2%\nThe GEO Group, Inc. (NYSE: GEO) stock has returned 13% to investors over the past three months. It is placed eighth on our list of 10 most-shorted stocks Reddit's WallStreetBets is paying attention to. The firm operates as a real estate investment trust. It is based in Florida. On June 17, the share price of the firm jumped more than 6% after the CEO of the company bought more than 166,000 shares in the firm, increasing his total holdings to close to 3 million shares. The CEO bought the shares at $6.75 per share.\nOn June 8, investment advisory Wedbush initiated coverage of The GEO Group, Inc. (NYSE: GEO) stock with a Neutral rating and a price target of $7, highlighting the operating profitability and cash flows as growth catalysts but cautioning against political opposition to the business.\nAt the end of the first quarter of 2021, 13 hedge funds in the database of Insider Monkey held stakes worth $725 million in The GEO Group, Inc. (NYSE: GEO), down from 18 in the previous quarter worth $610 million.\nIn addition to GameStop Corp. (NYSE: GME), AMC Entertainment Holdings, Inc. (NYSE: AMC), Tesla, Inc. (NASDAQ: TSLA), Apple Inc. (NASDAQ: AAPL), The Goldman Sachs Group, Inc. (NYSE: GS), Shopify Inc. (NYSE: SHOP), Bank of America Corporation (NYSE: BAC), and NVIDIA Corporation (NASDAQ: NVDA), The GEO Group, Inc. (NYSE: GEO) is one of the stocks Reddit's WallStreetBets is paying attention to.\nIn its Q1 2021 investor letter,Miller Value Partners, an asset management firm, highlighted a few stocks and The GEO Group, Inc. (NYSE:GEO) was one of them.Hereis what the fund said:\n“GEO Group (GEO) declined 9.8% during the period as President Biden’s Executive Order directing the Department of Justice not to renew contracts with private prisons at the Federal level offset solid Q4 results. GEO reported Q4 revenue of $578.1M, in-line with consensus while EBITDA of $107.9M topped estimates of $87.7M by 23%. Adjusted Funds from Operations (AFFO) of $0.62/share fell 6% Y/Y and provided coverage of 2.5x on the quarterly dividend of $0.25/share (13.5% annualized yield). The company exited the quarter with ample liquidity of $420M and remains committed to paying down $75M-$100M of debt annually. Management introduced 2021 guidance with revenue of $2.24Bn-$2.27Bn, EBITDA of $386M-$400M, and AFFO of $1.98-$2.08, all of which assumes Bureau of Prison contracts with optional expiration periods in 2021 will not be renewed. Additionally, GEO announced a $200M convertible notes offering due 2026 with net proceeds funding the redemption of the 5.875% unsecured notes due 2022.”\nNumber of Hedge Fund Holders: 7\nFloat Shorted: 24.3%\nSundial Growers Inc. (NASDAQ: SNDL) is ranked seventh on our list of 10 most-shorted stocks Reddit's WallStreetBets is paying attention to. The company’s shares have offered investors returns exceeding 68% over the course of the past six months. The firm makes and sells cannabis products. The stock stands to benefit from the recent hype around a federal marijuana legalization bill. It could also improve sales numbers as more internet-based platforms open up to cannabis products. Apple recently allowed marijuana delivery apps on the App Store.\nOn July 25, investment advisory ATB Capital upgraded Sundial Growers Inc. (NASDAQ: SNDL) stock to Sector Perform from Underperform, raising the price target to 80c from 50c. The rating update was issued after the cannabis firm closed the purchase of Inner Spirit H **Last 60 Days of Bitcoin's Closing Prices:** [38436.97, 35697.61, 34616.07, 35678.13, 37332.86, 36684.93, 37575.18, 39208.77, 36894.41, 35551.96, 35862.38, 33560.71, 33472.63, 37345.12, 36702.60, 37334.40, 35552.52, 39097.86, 40218.48, 40406.27, 38347.06, 38053.50, 35787.25, 35615.87, 35698.30, 31676.69, 32505.66, 33723.03, 34662.44, 31637.78, 32186.28, 34649.64, 34434.34, 35867.78, 35040.84, 33572.12, 33897.05, 34668.55, 35287.78, 33746.00, 34235.20, 33855.33, 32877.37, 33798.01, 33520.52, 34240.19, 33155.85, 32702.03, 32822.35, 31780.73, 31421.54, 31533.07, 31796.81, 30817.83, 29807.35, 32110.69, 32313.11, 33581.55, 34292.45, 35350.19] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2021-07-26 **Financial & Commodity Data:** - Gold Closing Price: $1798.70 - Crude Oil Closing Price: $71.91 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $724,415,799,262 - Hash Rate: 101950252.17571706 - Transaction Count: 261950.0 - Unique Addresses: 644448.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.26 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Activision BlizzardATVI recently revealedDiablo II: Resurrected, the combined remake of its genre-defining action role-playing series,Diablo IIand itsLord of Destructionexpansion. The game will be available globally starting Sep 23, 2021.InDiablo II: Resurrected, the original game’s 2D character models have been transformed into fully realized 3D heroes inhabiting the dark fantasy world of Sanctuary. Players will be able to choose between five different character classes (Amazon, Barbarian, Paladin, Sorceress, and Druid) in the open beta test being launched in August.The latest version supports up to 4K resolution and includes fully remastered 7.1 Dolby Surround audio wherein players can swap between the modern graphics and the original 800x600 resolution experience.Diablo II: Resurrectedwill retail for $39.99 in its standalone version and also be available as part of the Diablo Prime Evil Collection for $59.99. The latter will include theRise of the Necromancercontent pack, a Mephisto pet and Hatred’s Grasp wings forDiablo III, and a Heritage of Arreat transmog forDiablo IIIif pre-ordered. Activision Blizzard, Inc price-consensus-chart | Activision Blizzard, Inc Quote Activision Blizzard’s growth is supported by its strong set of franchises, includingCall of Duty(COD),Overwatch, World of Warcraft(WoW), Candy Crush SagaandCandy Crush Friends Sagathat help in driving revenue and bookings.The strong performances of theCall of Duty, WarcraftandCandy Crushfranchises helped drive 27% growth in total revenues and 36% growth in net bookings during the first quarter of 2021. The company expects net bookings of $1.85 billion for the second quarter and $8.60 billion for the full year of 2021.Activision Blizzard has an exciting slate of releases that is expected to boost top-line growth in the near term. Markedly, Activision Blizzard expects to generate revenues of $2.13 billion in the second quarter of 2021 and $8.37 billion for full-year 2021.The company is working on its pipeline, which includesDiablo IV, Overwatch 2, and multipleWarcraftmobile titles.Additionally, within Blizzard, the Zacks Rank #3 (Hold) company is planning to launchDiablo Immortalon mobile which is expected to aid the franchise in expanding Diablo’s reach before the launch ofDiablo IVon PC and mobile. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here. Such investments made by the company in improving its franchises are expected to drive growth in users and engagement and help Activision improve competitive prowess against the likes ofTake Two Interactive SoftwareTTWO,NintendoNTDOY andElectronic ArtsEA.Within King segment, the company has been working on adding new features toCandy Crushand delivering more seasonal events to drive engagement.Crash Bandicoot: On The Run!, which was launched in March, has witnessed 30 million downloads to date.The addition of free-to-play and mobile experiences toCall of Dutymore than tripled the monthly active users in the franchise over the last two years and helped the Activision segment reach 150 million users during the first quarter, while Blizzard and King segments reported 27 million and 258 million users, respectively.Moreover, Activision’sCall of Duty: Black Ops: Cold WarandCall of Duty: Modern Warfarehave emerged as the top two best-selling games over the past 12 months period. Blockchain and cryptocurrency has sparked one of the most exciting discussion topics of a generation. Some call it the “Internet of Money” and predict it could change the way money works forever. If true, it could do to banks what Netflix did to Blockbuster and Amazon did to Sears. Experts agree we’re still in the early stages of this technology, and as it grows, it will create several investing opportunities.Zacks’ has just revealed 3 companies that can help investors capitalize on the explosive profit potential of Bitcoin and the other cryptocurrencies with significantly less volatility than buying them directly.See 3 crypto-related stocks now >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days.Click to get this free reportActivision Blizzard, Inc (ATVI) : Free Stock Analysis ReportTakeTwo Interactive Software, Inc. (TTWO) : Free Stock Analysis ReportElectronic Arts Inc. (EA) : Free Stock Analysis ReportNintendo Co. (NTDOY) : Free Stock Analysis ReportTo read this article on Zacks.com click here.... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
39406.94, 39995.91, 40008.42, 42235.55, 41626.20, 39974.89, 39201.95, 38152.98, 39747.50, 40869.55
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['By Alun John HONG KONG, July 27 (Reuters) - Asian equity markets rose cautiously Tuesday, after touching year to date lows the day before, with traders keeping at least half an eye on the United States where major companies report earnings and the Federal Reserve meets on policy this week. MSCI\'s broadest index of Asia-Pacific shares outside Japan rose 0.26% after touching its lowest level since mid-December on Monday, weighed down by big Chinese stocks. Japan\'s Nikkei rose 0.58%. Mainland Chinese and Hong Kong markets recovered a little from their lowest level this year on Monday, when investor worries over government regulations had battered stocks, especially in the education, property and tech sectors. Chinese blue chips rose 0.15%, and the Hong Kong benchmark rose 0.31%, though real estate, healthcare, education stocks were still down. Upcoming events across the Pacific also were on investors\' minds. "It\'s profits and the Fed. The next couple of days are going to be monumental as everyone tries to figure out how strong corporate fundamentals are at the moment and in what context that is happening in terms of the economic outlook and policy settings," said Kyle Rodda, market analyst at IG Markets Alphabet Inc, Apple Inc and Microsoft Corp < MSFT.O> are set to publish quarterly results late on Tuesday, with Amazon.com Inc\'s due later in the week. In addition, the Federal Reserve will begin its two day meeting later on Tuesday, with investors set to parse a statement and press conference from Fed Chair Jerome Powell due late Wednesday. They will be looking to see how the central bank will balance fast-rising prices with the complication of increased coronavirus infections. All three major U.S. stock indexes eked out record closing highs for a second straight session on Monday, but S&P 500 futures dropped 0.14%. The looming Fed meeting kept a dampener on major moves in other asset classes. The dollar hovered a little below recent highs, with the euro and sterling gaining some ground, the latter helped by a decline in COVID-19 cases in the UK. Story continues U.S. Treasury yields rose in early Asian trading on Tuesday, following a choppy Monday. The yield on benchmark 10-year Treasury notes was 1.2829% compared with its U.S. close of 1.276%, while the two-year yield touched 0.2114% compared with a U.S. close of 0.196%. Gold was slightly higher, with spot gold trading at $1797.2791 per ounce, while U.S. crude ticked up 0.1% to $71.98 a barrel. Bitcoin dropped to below $37,000 from a Monday peak of $40,581 after Amazon.com offered a qualified denial of a weekend news report that said it was preparing to accept cryptocurrencies. (Reporting by Alun John; Editing by Lincoln Feast.)', 'By Alun John\nHONG KONG, July 27 (Reuters) - Asian equity markets rose cautiously Tuesday, after touching year to date lows the day before, with traders keeping at least half an eye on the United States where major companies report earnings and the Federal Reserve meets on policy this week.\nMSCI\'s broadest index of Asia-Pacific shares outside Japan rose 0.26% after touching its lowest level since mid-December on Monday, weighed down by big Chinese stocks.\nJapan\'s Nikkei rose 0.58%.\nMainland Chinese and Hong Kong markets recovered a little from their lowest level this year on Monday, when investor worries over government regulations had battered stocks, especially in the education, property and tech sectors.\nChinese blue chips rose 0.15%, and the Hong Kong benchmark rose 0.31%, though real estate, healthcare, education stocks were still down.\nUpcoming events across the Pacific also were on investors\' minds.\n"It\'s profits and the Fed. The next couple of days are going to be monumental as everyone tries to figure out how strong corporate fundamentals are at the moment and in what context that is happening in terms of the economic outlook and policy settings," said Kyle Rodda, market analyst at IG Markets\nAlphabet Inc, Apple Inc and Microsoft Corp < MSFT.O> are set to publish quarterly results late on Tuesday, with Amazon.com Inc\'s due later in the week.\nIn addition, the Federal Reserve will begin its two day meeting later on Tuesday, with investors set to parse a statement and press conference from Fed Chair Jerome Powell due late Wednesday.\nThey will be looking to see how the central bank will balance fast-rising prices with the complication of increased coronavirus infections.\nAll three major U.S. stock indexes eked out record closing highs for a second straight session on Monday, but S&P 500 futures dropped 0.14%.\nThe looming Fed meeting kept a dampener on major moves in other asset classes.\nThe dollar hovered a little below recent highs, with the euro and sterling gaining some ground, the latter helped by a decline in COVID-19 cases in the UK.\nU.S. Treasury yields rose in early Asian trading on Tuesday, following a choppy Monday.\nThe yield on benchmark 10-year Treasury notes was 1.2829% compared with its U.S. close of 1.276%, while the two-year yield touched 0.2114% compared with a U.S. close of 0.196%.\nGold was slightly higher, with spot gold trading at $1797.2791 per ounce, while U.S. crude ticked up 0.1% to $71.98 a barrel.\nBitcoin dropped to below $37,000 from a Monday peak of $40,581 after Amazon.com offered a qualified denial of a weekend news report that said it was preparing to accept cryptocurrencies.\n(Reporting by Alun John; Editing by Lincoln Feast.)', 'By Koh Gui Qing\nNEW YORK (Reuters) -U.S. stocks fell from record highs on Tuesday while real U.S. bond yields hit all-time lows, as a sell-off in Chinese shares, economic growth concerns and the Federal Reserve\'s policy meeting put investors on guard and drove profit taking.\nUnsettled by events in China overnight, where share prices skidded on concerns about the impact of a recent tightening in government regulations, global stock markets pulled back on Tuesday as volatility spiked.\nIn the United States, investors turned cautious as they awaited the Fed\'s policy statement at the close of its two-day meeting, which began on Tuesday.\nAll eyes will be on what Fed Chair Jerome Powell says at a post-meeting news conference on Wednesday at 2 p.m. EDT (1800 GMT), especially in relation to inflation, economic growth, interest rates and when the Fed will likely start reducing its purchases of government bonds.\nSome investors worry that the fast-spreading Delta variant of the coronavirus may thwart the global economic recovery, at a time when inflation in countries such as the United States has accelerated faster than expected. A stalled economic recovery and rising price pressures would complicate monetary policy, and force central banks to balance the objectives of supporting growth and tempering price rises.\n"There is some concern over where we are on monetary policy," said Peter Kenny, founder of Kenny’s Commentary LLC and Strategic Board Solutions Llc in New York.\n"There\'s no question that the Fed is going to address the elephant in the room, and that is inflation," Kenny said. "It appears that inflation is not transitory."\nAnalysts agree that low interest rates are generally a boon for equities and any sign of a faster-than-expected tightening in the Fed\'s policy - whether raising interest rates or tapering bond purchases - could rattle the stock market.\nThe Dow Jones Industrial Average ended down 0.2% at 35,059 points, and the S&P 500 shed 0.5% to end at 4,401 points. The Nasdaq Composite slid 1.2% to 14,660 points, its biggest one-day drop since May 12, hurt by some bets that the earnings growth of tech stocks is already priced into valuations.\nThe pan-European STOXX 600 index finished 0.54% lower and MSCI\'s gauge of stocks across the globe shed 0.81%.\nStill, losses on Wall Street and in Europe were modest compared with overnight declines in China. The blue-chip Chinese CSI300 index plunged 3.5%, while the Hang Seng Tech index tumbled almost 8%, losing a whopping 17% in just three days. [.SS]\nIn keeping with the muted mood in markets, the yield on 10-year Treasury inflation-protected securities (TIPS) hit an all-time low of -1.147% before rebounding to -1.129%. [US/]\nReal, or inflation-adjusted, bond yields across major economies have fallen in recent sessions, which analysts attribute to growing concern about the economic outlook, as well as technical factors such as hefty bond-buying by central banks.\nThe yield on 10-year Treasury notes was down at 1.238%.\nCurrency investors also played it safe before the Fed meeting outcome. The dollar, which has risen broadly for more than a month on expectations that, as the economy strengthened, the Fed would tighten its policies, gave up some gains on Tuesday as investors shunned big bets before Powell\'s remarks.\nThe dollar index fell 0.17%, and a softer dollar lifted the euro by 0.16% to $1.1821.[USD/]\nThe somber mood led oil prices to give up earlier gains. U.S. crude settled 0.36% lower at $71.65 per barrel and Brent was at $74.48, down 0.03% on the day.\nThe slight risk aversion amongst investors benefited bullion. Spot gold added 0.1% to $1,799.64 an ounce. U.S. gold futures gained 0.28% to $1,799.50 an ounce. [GOL/]\nCryptocurrencies, a barometer of investors\' risk appetites, also succumbed to the cautious overtone in markets and pared earlier gains.\nBitcoin last rose 1.8% to $37,960.44, recouping some losses after Amazon.com Inc offered a qualified denial of a weekend news report that said it was preparing to accept cryptocurrencies.\n(Reporting by Koh Gui Qing; additional reporting by Carolyn Cohn, Dhara Ranasinghe, Sujata Rao in London and Alun John in Hong Kong; editing by Steve Orlofsky, Leslie Adler and Jonathan Oatis)', 'By Koh Gui Qing NEW YORK (Reuters) -U.S. stocks fell from record highs on Tuesday while real U.S. bond yields hit all-time lows, as a sell-off in Chinese shares, economic growth concerns and the Federal Reserve\'s policy meeting put investors on guard **Last 60 Days of Bitcoin's Closing Prices:** [35697.61, 34616.07, 35678.13, 37332.86, 36684.93, 37575.18, 39208.77, 36894.41, 35551.96, 35862.38, 33560.71, 33472.63, 37345.12, 36702.60, 37334.40, 35552.52, 39097.86, 40218.48, 40406.27, 38347.06, 38053.50, 35787.25, 35615.87, 35698.30, 31676.69, 32505.66, 33723.03, 34662.44, 31637.78, 32186.28, 34649.64, 34434.34, 35867.78, 35040.84, 33572.12, 33897.05, 34668.55, 35287.78, 33746.00, 34235.20, 33855.33, 32877.37, 33798.01, 33520.52, 34240.19, 33155.85, 32702.03, 32822.35, 31780.73, 31421.54, 31533.07, 31796.81, 30817.83, 29807.35, 32110.69, 32313.11, 33581.55, 34292.45, 35350.19, 37337.54] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2021-07-27 **Financial & Commodity Data:** - Gold Closing Price: $1799.50 - Crude Oil Closing Price: $71.65 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $723,977,306,169 - Hash Rate: 115543619.13247934 - Transaction Count: 255221.0 - Unique Addresses: 600692.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.32 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: A citizen group in El Salvador, led by opposition politician Jaime Guevara, filed a lawsuit against the country for adopting bitcoin as legal tender. Guevara, a member of the opposition party Farabundo Martí National Liberation Front (FMLN), says the law that made bitcoin legal tender is unconstitutional. Meanwhile, members of the group of citizens say the adoption of the cryptocurrency as legal tender has no “legal basis.” One member called the law “a decree lacking legality, lacking foundation, without considering the significance and harmful effects that such a law will cause to this country.” It seems that a majority of El Salvador’s citizens are not in favor of this recent adoption. According to asurveyby the Chamber of Commerce and Industry of El Salvador, 80% of Salvadorans would not agree to receive payments in bitcoin. The move comes in response to El Salvador recently adopting bitcoin as legal tender. El Salvador President Nayib Bukeleinitially spokeabout the benefits during the recent Bitcoin conference in Miami. These included an increase in jobs and boosted investments in El Salvador. Shortly thereafter on June 9, President Bukelesubmitteda bill that would recognize bitcoin as legal tender in the country. The bill then passed, making El Salvador the first country in the world to recognize bitcoin as legal tender. With the adoption underway, President Bukele announced that he would use energy fromvolcanoesto power bitcoin mining. Guevara said this would be a test for the magistrates of the Constitutional Chamber, who were appointed by the ruling New Ideas party on May 1. “We are going to put this Chamber to the test to see what response they are going to give to the public,” said Guevara. However, others see this move as more calculated. Lawyer Salvador Enrique Anaya believes the ruling party may have indirectly initiated these proceedings. He says they may have done this to establish the legitimacy of the law by having it challenged but ultimately upheld by the Constitutional Chamber. Conversely, Anaya also said they have no idea how to implement the law, which is why “they themselves would seek to have it declared unconstitutional.”... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
39995.91, 40008.42, 42235.55, 41626.20, 39974.89, 39201.95, 38152.98, 39747.50, 40869.55, 42816.50
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['Bitcoin , BTC to USD, rallied by 6.00% on Tuesday. Following a 5.24% gain on Monday, Bitcoin ended the day at $39,500.0. A mixed start to the day saw Bitcoin fall to an early morning intraday low $36,418.0 before making a move. Steering clear of the first major support level at $34,804, Bitcoin rallied to a late intraday high $39,589.0. In spite of the late rally, Bitcoin fell short of the first major resistance level at $40,166. The near-term bullish trend remained intact, supported by the latest return to $40,000 levels. For the bears, Bitcoin would need a sustained fall through the 62% FIB of $27,237 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was a mixed day on Tuesday. Polkadot slid by 2.64%, with Crypto.com Coin falling by 0.50% to buck the trend on the day. It was a bullish day for the rest of the majors, however. Chainlink rallied by 7.74% to lead the way once more. Binance Coin (+3.21%), Bitcoin Cash SV (+4.06%), Ethereum (+3.23%), Litecoin (+2.78%), and Ripple’s XRP (+3.44%) also found strong support. Cardano’s ADA (+2.00%) and trailed the front runners, however. Early in the week, the crypto total market fell to a Monday low $1,379bn before rising to a Monday high $1,605bn. At the time of writing, the total market cap stood at $1,517bn. Bitcoin’s dominance fell to a Monday low 47.07% before jumping to an early Wednesday high 48.79%. At the time of writing, Bitcoin’s dominance stood at 48.77%. This Morning At the time of writing, Bitcoin was down by 0.54% to $39,285.0. A mixed start to the day saw Bitcoin rise to an early morning high $39,590.4 before falling to a low $39,095.6. Bitcoin left the major support and resistance levels untested early on. Elsewhere, it was a mixed start to the day. Crypto.com Coin (+2.51%), Polkadot (+0.44%), and Ripple’s XRP (+0.21%) found early support. It was a bearish start for the rest of the majors, however. At the time of writing, Chainlink was down by 0.71% to lead the way down. Story continues For the Bitcoin Day Ahead Bitcoin would need to avoid the $38,502 pivot to bring the first major resistance level at $40,587 into play. Support from the broader market would be needed for Bitcoin to break back through to $40,000 levels. Barring a broad-based crypto rally, the first major resistance level would likely cap any upside. In the event of another extended crypto rally, Bitcoin could test resistance at the 38.2% FIB of $41,592 before any pullback. The second major resistance level sits at $41,673. A fall through the $38,502 pivot would bring the first major support level at $37,416 into play. Barring an extended sell-off on the day, Bitcoin should steer clear of the second major support level at $35,331. This article was originally posted on FX Empire More From FXEMPIRE: Natural Gas Price Prediction – Prices Slide on Profit Taking Ethereum, Litecoin, and Ripple’s XRP – Daily Tech Analysis – July 28th, 2021 Robust Earnings, Revenue Numbers from Alphabet, Apple, Microsoft After-Bell Fail to Turn NASDAQ Futures Green Oil Price Fundamental Daily Forecast – There’s Been Much Focus on Tight Supply, but Demand is the Wildcard Asia-Pacific Shares Called Mixed to Lower on Opening; Investors Hoping for US Tech Stock Bailout The Crypto Daily – Movers and Shakers – July 28th, 2021', 'Bitcoin, BTC to USD, rallied by 6.00% on Tuesday. Following a 5.24% gain on Monday, Bitcoin ended the day at $39,500.0.\nA mixed start to the day saw Bitcoin fall to an early morning intraday low $36,418.0 before making a move.\nSteering clear of the first major support level at $34,804, Bitcoin rallied to a late intraday high $39,589.0.\nIn spite of the late rally, Bitcoin fell short of the first major resistance level at $40,166.\nThe near-term bullish trend remained intact, supported by the latest return to $40,000 levels. For the bears, Bitcoin would need a sustained fall through the 62% FIB of $27,237 to form a near-term bearish trend.\nAcross the rest of the majors, it was a mixed day on Tuesday.\nPolkadot slid by 2.64%, withCrypto.com Coinfalling by 0.50% to buck the trend on the day.\nIt was a bullish day for the rest of the majors, however.\nChainlinkrallied by 7.74% to lead the way once more.\nBinance Coin(+3.21%),Bitcoin Cash SV(+4.06%),Ethereum(+3.23%),Litecoin(+2.78%), andRipple’s XRP(+3.44%) also found strong support.\nCardano’s ADA(+2.00%) and trailed the front runners, however.\nEarly in the week, the crypto total market fell to a Monday low $1,379bn before rising to a Monday high $1,605bn. At the time of writing, the total market cap stood at $1,517bn.\nBitcoin’s dominance fell to a Monday low 47.07% before jumping to an early Wednesday high 48.79%. At the time of writing, Bitcoin’s dominance stood at 48.77%.\nAt the time of writing, Bitcoin was down by 0.54% to $39,285.0. A mixed start to the day saw Bitcoin rise to an early morning high $39,590.4 before falling to a low $39,095.6.\nBitcoin left the major support and resistance levels untested early on.\nElsewhere, it was a mixed start to the day.\nCrypto.com Coin (+2.51%), Polkadot (+0.44%), and Ripple’s XRP (+0.21%) found early support.\nIt was a bearish start for the rest of the majors, however.\nAt the time of writing, Chainlink was down by 0.71% to lead the way down.\nBitcoin would need to avoid the $38,502 pivot to bring the first major resistance level at $40,587 into play.\nSupport from the broader market would be needed for Bitcoin to break back through to $40,000 levels.\nBarring a broad-based crypto rally, the first major resistance level would likely cap any upside.\nIn the event of another extended crypto rally, Bitcoin could test resistance at the 38.2% FIB of $41,592 before any pullback. The second major resistance level sits at $41,673.\nA fall through the $38,502 pivot would bring the first major support level at $37,416 into play.\nBarring an extended sell-off on the day, Bitcoin should steer clear of the second major support level at $35,331.\nThisarticlewas originally posted on FX Empire\n• Natural Gas Price Prediction – Prices Slide on Profit Taking\n• Ethereum, Litecoin, and Ripple’s XRP – Daily Tech Analysis – July 28th, 2021\n• Robust Earnings, Revenue Numbers from Alphabet, Apple, Microsoft After-Bell Fail to Turn NASDAQ Futures Green\n• Oil Price Fundamental Daily Forecast – There’s Been Much Focus on Tight Supply, but Demand is the Wildcard\n• Asia-Pacific Shares Called Mixed to Lower on Opening; Investors Hoping for US Tech Stock Bailout\n• The Crypto Daily – Movers and Shakers – July 28th, 2021', 'By John McCrank and Saqib Iqbal Ahmed NEW YORK (Reuters) - The dollar eased on Wednesday after the U.S. Federal Reserve said the economic recovery is on track despite a rise in COVID-19 infections in a policy statement that was upbeat but did not set a timeline for tapering Fed asset purchase. While daily U.S. COVID-19 infections have quadrupled since the last Fed meeting in June, the central bank indicated it still had faith that an ongoing vaccination drive would "reduce the effect of the public health crisis on the economy" and allow a robust reopening to proceed. Fed policymakers, in a unanimous statement, also said they were moving ahead with discussions about when to reduce the central bank\'s $120 billion in monthly bond purchases, a precursor to eventually raising interest rates. "The statement dropped hints at the conversation around tapering large scale asset purchases, but did not commit to any future plans beyond continuing to assess the situation," said James Marple, senior economist at TD Economics. "We expect a more fulsome discussion at the Jackson Hole summit in late August and plans around tapering may be reflected in the September statement when new economic forecasts will also be released," Marple added. The dollar index, which measures the greenback against a basket of six currencies, was 0.149% lower at 92.324, easing off after initially spiking up to 92.766 after the Fed statement was released. The greenback has rallied for the past month, with the dollar index up about 2.3% since a hawkish shift from the U.S. central bank in its June meeting. "Going into the FOMC decision today, the market was tilting a little bit toward a hawkish dollar and I think some slight changes, in my opinion, substantiates that hawkish tilt," said Minh Trang, senior FX trader at Silicon Valley Bank. The language on COVID-19 and the effect on the economy "has been slightly, slightly softened a little bit from the Fed\'s perspective," Trang added. Story continues Elsewhere, the British pound was up 0.15% at 1.3904, holding near a two-week high, with analysts attributing its firm tone to COVID-19 cases in Britain declining over the past seven days. The Chinese yuan pulled away from three-month lows hit on Tuesday, when it experienced its biggest daily losses since October, after the country\'s stock market stabilized following a bruising couple of days. The yuan\'s bounce was modest, however, and the risk-sensitive Australian and New Zealand dollars were both subdued as sentiment remained fragile. Bitcoin was up 2.3% at $40,381.88, having broken above $40,000 two days ago for the first time in about six weeks, as short sellers bailed out and traders drew confidence from recent positive comments about the cryptocurrency by high-profile investors. (Reporting by John McCrank and Saqib Iqbal Ahmed in New York; Editing by Catherine Evans, Will Dunham and Jonathan Oatis)', 'By John McCrank and Saqib Iqbal Ahmed\nNEW YORK (Reuters) - The dollar eased on Wednesday after the U.S. Federal Reserve said the economic recovery is on track despite a rise in COVID-19 infections in a policy statement that was upbeat but did not set a timeline for tapering Fed asset purchase.\nWhile daily U.S. COVID-19 infections have quadrupled since the last Fed meeting in June, the central bank indicated it still had faith that an ongoing vaccination drive would "reduce the effect of the public h **Last 60 Days of Bitcoin's Closing Prices:** [34616.07, 35678.13, 37332.86, 36684.93, 37575.18, 39208.77, 36894.41, 35551.96, 35862.38, 33560.71, 33472.63, 37345.12, 36702.60, 37334.40, 35552.52, 39097.86, 40218.48, 40406.27, 38347.06, 38053.50, 35787.25, 35615.87, 35698.30, 31676.69, 32505.66, 33723.03, 34662.44, 31637.78, 32186.28, 34649.64, 34434.34, 35867.78, 35040.84, 33572.12, 33897.05, 34668.55, 35287.78, 33746.00, 34235.20, 33855.33, 32877.37, 33798.01, 33520.52, 34240.19, 33155.85, 32702.03, 32822.35, 31780.73, 31421.54, 31533.07, 31796.81, 30817.83, 29807.35, 32110.69, 32313.11, 33581.55, 34292.45, 35350.19, 37337.54, 39406.94] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2021-07-28 **Financial & Commodity Data:** - Gold Closing Price: $1799.50 - Crude Oil Closing Price: $72.39 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $748,481,560,425 - Hash Rate: 106707930.61058386 - Transaction Count: 251223.0 - Unique Addresses: 605433.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.50 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: The Utah-based CleanSpark is attempting to boost the efficiency of Bitcoin mining as environmentalists continue to fight against crypto mining. CleanSpark, a cryptocurrency mining firm deep in the woods of Utah hasannounced the developmentof a more sustainable alternative mining solution using microgrids. Basically, the idea of Microgrids is that it will combine the currency system of powering a mine with solar, wind, fuel cell, hydro, andother green technologies. This is done to balance out the negative impact of sustainable energy utilization.CleanSpark claimsthat even the most hardcore environmentalists will be on board with the measures they are taking to protect the earth. The method in which CleanSpark is hoping to solve these issues is by utilizing what is called microgrid technology. It will allow the company to get the majority of its power from one single plant instead of chaining multiple sources together. What makes this process special for CleanSpark is the source of their power will be supplied from solar, wind, and hydroelectricity. The company claims that the new method for mining will not only boost the hash rate but also cut down on electrical usage at the same time.A study from Navigant Researchin Boulder, CO, stated that almost 30% of crypto mining energy will come from microgrid technology before the end of the decade. “Although they are a minority portion of the market if measured by peak capacity, modular microgrids have the potential to make up most of the systems deployed over the next decade. Taking a modular approach is expected to help radically scale up microgrid deployments by commoditizing standard microgrid offerings that can be pieced together.” The negative impact that crypto mining has been a hot-button topic for the last few months, with activist groups rising up against the industry and even entire nations taking a stand against crypto mining. Big names such as Kevin O’Leary and even Elon Musk have spoken out against the rigorous process of mining, albeit after touting bitcoin to their followers in various ways. Musk even went so far as to backtrack his promise to allow bitcoin as a form of payment at Tesla until global mining was around50% sustainable. O’Leary, who has changed his opinion on cryptocurrencies before, said that he would no longer buy anybitcoin mined in China. O’Leary believes China does not employ environmentally friendly methods for extracting coins. The microgrid approach will need a lot of fine-tuning and system configuration, but if successful, can be the solution to the growing concern about the energy used to mine bitcoin.... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
40008.42, 42235.55, 41626.20, 39974.89, 39201.95, 38152.98, 39747.50, 40869.55, 42816.50, 44555.80
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ["LOS ANGELES, CA / ACCESSWIRE / July 28, 2021 / PolkaParty, a DeFi (decentralized finance) platform that enables users to gain access to all features of DeFi, from swapping and liquidity providing, to yield farming and NFTs, this week announced they are poised to change their DeFi landscape forever. By utilizing the power of group finance, allowing users to pool their funds together using a multi-sig wallet to form a ‘party' where they can capitalize on the crypto market, PolkaParty is on a mission to make crypto fun and easy-to-understand for beginners, newbies, and those looking to get in on the action. 'Everyone wants to get in on the crypto, Bitcoin, and Ethereum movement; yet too many people will fail to dive in due to the complexities and extensive information available today,' said the Founder and Owner of PolkaParty. 'We want to change that by making it easy for new crypto users to easily invest in crypto projects without having to learn the complexities of DeFi. Users can now buy, sell, and hold crypto in a group that has 100% transparent gains with a gamified dashboard.' DeFi increased in popularity in 2020 as distributed networks that enable people to have control over their investments without financial and governmental players in the mix. As more volatility crept its way into crypto throughout the last year, a lot of people have turned to DeFi for stable yield farming and staking, which can supplement a savings account that users can rely on. Since DeFi protocols are built on public blockchains like Ethereum, there is also a trust and transparency that every person can get behind. 'We've essentially created a universal platform that overcomes the technical barriers so users can easily integrate into the DeFi ecosystem,' said The Founder. 'By allowing members to participate in peer-to-peer lending through collateralized loans with an easy-to-use platform and chat features available, we want everyone to know about PolkaParty today.' Story continues PolkaParty is also seeking out influencer partnerships since they can hold crypto influencers accountable for their project recommendations. For more information regarding the on-ramp to DeFi solution, visit: https://www.polkaparty.io/ . Media Details Website URL: AscendAgency.com Company Name: Ascend Agency Email address: Contact@AscendAgency. com Country: USA SOURCE: PolkaParty View source version on accesswire.com: https://www.accesswire.com/657556/PolkaParty-Poised-to-Change-DeFi-by-Making-Accessibility-Easy-for-Everyone-to-Understand", "LOS ANGELES, CA / ACCESSWIRE / July 28, 2021 /PolkaParty, a DeFi (decentralized finance) platform that enables users to gain access to all features of DeFi, from swapping and liquidity providing, to yield farming and NFTs, this week announced they are poised to change their DeFi landscape forever.\nBy utilizing the power of group finance, allowing users to pool their funds together using a multi-sig wallet to form a ‘party' where they can capitalize on the crypto market, PolkaParty is on a mission to make crypto fun and easy-to-understand for beginners, newbies, and those looking to get in on the action.\n'Everyone wants to get in on the crypto, Bitcoin, and Ethereum movement; yet too many people will fail to dive in due to the complexities and extensive information available today,' said the Founder and Owner of PolkaParty. 'We want to change that by making it easy for new crypto users to easily invest in crypto projects without having to learn the complexities of DeFi. Users can now buy, sell, and hold crypto in a group that has 100% transparent gains with a gamified dashboard.'\nDeFi increased in popularity in 2020 as distributed networks that enable people to have control over their investments without financial and governmental players in the mix. As more volatility crept its way into crypto throughout the last year, a lot of people have turned to DeFi for stable yield farming and staking, which can supplement a savings account that users can rely on.\nSince DeFi protocols are built on public blockchains like Ethereum, there is also a trust and transparency that every person can get behind.\n'We've essentially created a universal platform that overcomes the technical barriers so users can easily integrate into the DeFi ecosystem,' said The Founder. 'By allowing members to participate in peer-to-peer lending through collateralized loans with an easy-to-use platform and chat features available, we want everyone to know about PolkaParty today.'\nPolkaParty is also seeking out influencer partnerships since they can hold crypto influencers accountable for their project recommendations.\nFor more information regarding the on-ramp to DeFi solution, visit:https://www.polkaparty.io/.\nMedia DetailsWebsite URL:AscendAgency.comCompany Name: Ascend AgencyEmail address:[email protected]: USA\nSOURCE:PolkaParty\nView source version on accesswire.com:https://www.accesswire.com/657556/PolkaParty-Poised-to-Change-DeFi-by-Making-Accessibility-Easy-for-Everyone-to-Understand", 'By Saqib Iqbal Ahmed and John McCrank NEW YORK (Reuters) -The dollar rose on Friday along with other safe haven currencies as stocks fell and as upbeat U.S. economic data helped reverse some of the losses from earlier this week when dovish remarks by the Federal Reserve tanked a month-long rally in the greenback. The dollar index, which measures the greenback against a basket of six currencies, was 0.32% higher at 92.181 at 2:45 p.m. Eastern time. The index was still down 0.77% for the week, on pace for its worst weekly performance since the first week of May. Friday\'s gains for the U.S. currency came as stocks fell following a glum earnings report by Amazon, growing concerns over the rapid spread of the COVID-19 Delta variant, and in the wake of a regulatory crackdown by China on its technology and education sectors. "We\'re at the end of the month and August tends to be the cruelest month for the financial markets on a seasonal basis, on a 10-year basis, it\'s the weakest month," said Kathy Lien, managing director at BK Asset Management. "So with the Delta variant as well as the uncertainties around China, investors are getting nervous and I think they\'re worried about a more durable correction in stocks and so you\'re beginning to see the dollar catch a safe haven bid," she said. Japan\'s yen and Norway\'s krone, which are also seen as safehaven currencies, were up 0.26% and 1.27% respectively. The dollar also got a lift after St. Louis Federal Reserve President James Bullard said the Fed should start reducing its $120 billion in monthly bond purchases this fall and cut them "fairly rapidly" so the program ends in the first months of 2022 to pave the way for a rate increase that year if needed. The greenback slumped earlier this week after Fed Chair Jerome Powell said rate increases were "a ways away" and the job market still had "some ground to cover." Story continues "While the dollar suffered a notable setback this week, how significant it could prove may be gleaned by nonfarm payrolls next week," said Joe Manimbo, senior market analyst at Western Union Business Solutions in Washington. Economic data on Friday was dollar-positive, showing a higher-than-expected rise in U.S. consumer spending in June as COVID-19 vaccinations boosted demand for travel-related services and recreation, even though part of the increase reflected higher prices, with annual inflation accelerating further above the Fed\'s 2% target. The euro eased 0.26% against the greenback but near a 1-month high after data showed the euro zone economy grew more quickly than expected in the second quarter, pulling out of a pandemic-related recession, while inflation shot past the European Central Bank\'s 2% target in July. Meanwhile, the Chinese yuan had recovered all of its losses from Tuesday\'s plunge to trade at 6.4660 per dollar. Sentiment was helped by China\'s attempt to calm frayed investor nerves, by telling foreign brokerages not to "over-interpret" its latest regulatory actions. The Australian and New Zealand dollars, seen as riskier assets, were down on the day but remained near two-week highs. Sterling edged 0.5% lower versus the dollar ahead of a Bank of England meeting next week. Bitcoin fell 3%, slipping well below $40,000, a level the cryptocurrency has not closed above since mid-June. (Reporting by Saqib Iqbal Ahmed and John McCrank in New York; additional reporting by Ritvik Carvalho in London; Editing by William Maclean, Tomasz Janowski, Frances Kerry and Dan Grebler)', 'By Saqib Iqbal Ahmed and John McCrank NEW YORK (Reuters) -The dollar rose on Friday along with other safe haven currencies as stocks fell and as upbeat U.S. economic data helped reverse some of the losses from earlier this week when dovish remarks by the Federal Reserve tanked a month-long rally in the greenback. The dollar index, which measures the greenback against a basket of six currencies, was 0.32% higher at 92.181 at 2:45 p.m. Eastern time. The index was still down 0.77% for the week, on pace for its worst weekly performance since the first week of May. Friday\'s gains for the U.S. currency came as stocks fell following a glum earnings report by Amazon, growing concerns over the rapid spread of the COVID-19 Delta variant, and in the wake of a regulatory crackdown by China on its technology and education sectors. "We\'re at the end of the month and August tends to be the cruelest month for the financial markets on a seasonal basis, on a 10-year basis, it\'s the weakest month," said Kathy Lien, managing director at BK Asset Management. "So with the Delta variant as well as the uncertainties around China, investors are getting nervous and I think they\'re worried about a more durable correction in stocks and so you\'re beginning to see the dollar catch a safe haven bid," she said. Japan\'s yen and Norway\'s krone, which are also seen as safehaven currencies, were up 0.26% and 1.27% r **Last 60 Days of Bitcoin's Closing Prices:** [35678.13, 37332.86, 36684.93, 37575.18, 39208.77, 36894.41, 35551.96, 35862.38, 33560.71, 33472.63, 37345.12, 36702.60, 37334.40, 35552.52, 39097.86, 40218.48, 40406.27, 38347.06, 38053.50, 35787.25, 35615.87, 35698.30, 31676.69, 32505.66, 33723.03, 34662.44, 31637.78, 32186.28, 34649.64, 34434.34, 35867.78, 35040.84, 33572.12, 33897.05, 34668.55, 35287.78, 33746.00, 34235.20, 33855.33, 32877.37, 33798.01, 33520.52, 34240.19, 33155.85, 32702.03, 32822.35, 31780.73, 31421.54, 31533.07, 31796.81, 30817.83, 29807.35, 32110.69, 32313.11, 33581.55, 34292.45, 35350.19, 37337.54, 39406.94, 39995.91] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2021-07-29 **Financial & Commodity Data:** - Gold Closing Price: $1831.20 - Crude Oil Closing Price: $73.62 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $749,929,088,625 - Hash Rate: 108746935.6540982 - Transaction Count: 262612.0 - Unique Addresses: 620900.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.50 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Shares of MicroStrategy Inc. (MSTR), an enterprise analytics software company, plunged 9.7% on June 21, after adding Bitcoins worth $489 million to its reserves. MicroStrategy provides business intelligence, mobile software, and cloud-based services. The addition of bitcoins is aligned to the company’s corporate strategy of acquiring and holding bitcoins as treasury assets. MicroStrategy views bitcoin as a reliable store of value. MicroStrategy purchased an additional 13,005 bitcoins at an average price of $37,617 per bitcoin, inclusive of fees and expenses, on June 21. The purchase was funded by the issuance of Senior Secured Notes worth $500 million at 6.125%, due on June 14, 2028. With this purchase, the company’s total bitcoin holdings are worth approximately $2.741 billion. The company holds approximately 105,085 bitcoins, purchased at an average price of around $26,080 per bitcoin. The purchase came on a day when bitcoin (BTCUSD) tanked 9.3% to close at $31,608.10, its lowest since April. The fall followed a Chinese bank’s announcement that it would not allow the use of its services for transactions related to bitcoin or cryptocurrency. (SeeMicroStrategy stock charton TipRanks) According to aBloombergreport, MSTR will have to report a write-down of around $77 million related to its recent bitcoin purchase, as rules require companies to mark-to-market their purchases. Last month, following a virtual meeting with the company’s top brass, BTIG analystMark Palmerreiterated a Buy rating on the stock with a target price of $850. That implies 45.6% upside potential from current levels. The management had stated their intent to add to their bitcoin reserves, which they believe are an “Institutional-Grade Safe Haven,” by issuing secured debt and/or by using the cash generated from their software business. Palmer said, “We believe MSTR offers equity investors a means through which they can not only gain exposure to bitcoin, but also to an engine – the company’s enterprise analytics software business – that is generating.” Based on 3 Buys, 1 Hold, and 1 Sell, the stock has a consensus rating of a Moderate Buy. Theaverage MicroStrategy analyst price targetof $690 implies a 18.2% upside potential. Shares have gained 37.3% over the past year. Related News:What Caused DocuSign Shares to Spike on Friday?GE Announces Date of 1-for-8 Reverse Stock Split, Declares Regular Quarterly DividendArcelorMittal Offloads Cliff’s Remaining Shares; Rewards Shareholders with $750M Share Buyback • Verizon Snaps Up Precise Positioning Firm Senion • Butterfly Network Soars on Getting a Buy from Cowen • Ingersoll Rand Inks €431.5M Deal to Buy Seepex • BlackBerry Earnings Preview: Here’s What to Watch for... - Reddit Posts (Sample): [['u/Chilly_Down', 'How to Train your Scav -- a co-op Extract Guide', 178, '2021-07-29 00:23', 'https://www.reddit.com/r/EscapefromTarkov/comments/otkj7a/how_to_train_your_scav_a_coop_extract_guide/', "Hello everyone.\n\nThis is a massive post but hopefully gets people to experience what I consider the most amusing thing in Tarkov right now. If you're already having a lot of success co-op extracting, awesome -- save your eyes and skip!\n\nI've successfully co-op extracted as a PMC with scavs probably close to 100 times over the past five days. Based on the messages I've received on reddit and from in game after extracts, it seems like a lot of people don't know how to properly go about maximizing your chances of getting a co-op extract. Depending on the map, you should *always* be able to co-op extract with very little danger, with potentially gamechanging rewards up for grabs for you and your minions. I have extracted with a pscav in all but two of my dozens and dozens of interchange runs in the last week.\n\nHere's the step by step guide:\n \n \nPart 1: **Survive**. I can feel everyone rolling their eyes at this obvious piece of advice, but hang on. On Interchange (the easiest map to co-op extract on), a lot of people will instantly rush Killa, tech stores, or mid-mall for Kiba. Reserve -- everyone's trying to get bunker raiders or Glukhar or Shturman on Woods. A massive brawl breaks out, and the winner is running for the extract, massively overweight. While this playstyle can work for co-op extracts, it's sub par. Firstly, you may die quickly, and even if you don't, there's 40 minutes left in the raid and you have 60kg on your shoulders and need to leave. You won't be finding any scavs to extract with that way, unless you're happy to stash your 40kg pack somewhere and wander the map after already having all the loot you can carry, just so the pscavs can appear. Depending on my spawn, I'll hit the nearest tech store or loot area and then get out of the 'routes' people run so I minimize my chance for a mishap.\n \n \nPart 2: **Find a friend**. The raid timer now reads 20-15 minutes remaining, you've killed one PMC and found a mil cable and a tetriz and some junk. Congratulations. You've already done the hardest part. By this point, extraction is basically assured if you follow the steps. I've only had one extract fail at this point, for reasons I'll explain later. Now it's time to find a guy to drive the car. There's a delicate balance to this. You do not want the player scav to detect you first -- most player scavs will justifiably believe every PMC on the map is going to KOS. As a result, they'll either run the second they see you, or they'll stalk you and wait until you're not moving and shoot you for the fence rep/loot. \n\nSo, *turn off your laser* -- a laser dot bouncing on the wall will instantly make every pscav assume the worst and act accordingly. Thankfully, most scavs do not spawn in with earpieces, and sprint arond with the suicidal urgency not risking your own gear induces. Assuming you're in the right spot, you'll have no issues finding them before they find you. *Do not wait at the extract*. I do not know why people say to do this -- it hardly ever works. Instead, hang around near (but not IN) high loot locations. I use Adik or Furniture to watch Rasmussen/Kiba and Techlight/Techxo respectively. On woods, I watch Emercon Camp, USEC camp, or the main white building. Reserve, any of the buildings around the heli are best in my experience -- don't use the bunker, for reasons explained in the following part. If you don't know how to tell pscavs apart from PMCs -- look at the sleeves. Scavs typically wear blue, or red and white. PMCs are in camo, either artic, urban, or forest (with some exceptions). Don't rely on the backpack -- they could loot a PMC or spawn with a pilgrim.\n \n \nPart 3: **Handshake**. Time to initiate docking procedures. You've seen the scav first. Now comes the other side of the balance -- you want him to know you're coming, and you want him to know you know he knows. Keybind cease fire and knives only to your F keys. Sprint to where you know the scav is, but make sure to keep cover. Let him hear you before he sees you -- seeing a massive raid pack bouncing towards him will spook him. The worst thing you can do is come around a corner unexpectedly onto a pscav -- which is why I don't think the bunker works well. Once they hear your cease fire, the usual routine is both of you guys will jiggle peak each other to confirm nobody is bullshitting before coming out of cover. A lot of pscavs will come out with only their knives, but I don't require this. I'm wearing level 6 and a faceshield, I'm pretty confident in a straight fight with a homeless man. At this point, if you're a cool dude and want to prove it, you can throw him that 1gphone you found. Out of several hundred scavs I've extracted with (multiple at a time), I've had *one* single time a scav shot at me during the handshake. He died and I found a more amiable scav.\n \n \nPart 4: **Get outta there**. No point sticking around. Hoof it to the extract. Depending on the map, AI scavs might get in the way. Stay in front. You do not want your buddy to cross in front of you when you're about to pop an ai scav and lose your extract. Depending on the map, any scav seeing a PMC running with another scav is going to get the hint and fall in immediately. I've extracted with eight scavs before. The extract is **only valid once**, so if you are running a duo or more, make sure everyone's there, all scavs and PMCs, or your buddy is going to have to do an awkward, potentially lethal walk of shame with the remaining scavs to a normal extract. Make sure to press Y to cooperate with your scavs so they see your name -- people message me what loot they get all the time and most of them just want to thank you for being chill.\n \n \nPart 5: **Secure the bag**. Fence will message you a care package. It isn't bugged. It just takes forever sometimes, up to 10 minutes. There's clearly some sort of server tick going on in the background, but when and why is beyond me. A lot of people reading this have probably been waiting to ask -- is this even worth staying in the raid three times longer than I normally would? Short answer: yes. Long answer: [yeeeeeeees](https://streamable.com/wbqeg7).\n\nSo far I have gotten both a blue and a green keycard from fence drops -- together totalling over 11mil when I sold them on, after taxes (level 3 int center). This fully funded my 25/25 bitcoin farm and solar power and will probably get me most of the way to 50/50. It is definitely worth 15 extra minutes in a raid unless you're a gigachad player just stripping millions off other people and running it back every five minutes.\n\n50% of the time the package is pointless. 48% of the time the fence chucks you some good stuff (nice armor, I've gotten over 100 rounds of m993), worth around 150-250k. And then 2% of the time you get a God drop worth millions or tens of millions. It is absolutely worth it.\n \n \nConclusion: **So what can go wrong**? In my experience, pscavs are ALWAYS willing to do this and are very cool dudes, with very rare exceptions. I've had pscavs throw themselves into a hail of PMC bullets to defend me on the way to extract. The real problem is just that -- other PMCs. Not necessarily that they'll kill you, but if they hang around the loot spots instead of leaving the raid, they'll mow down all the pscavs and you'll have nobody to drive the car. This is the only reason an extract fails for me if I get to 20minutes left. If you hear someone camping a loot location, consider either finding somewhere you can intercept a scav before they slam into the murderhobo, or if you have a giant neck, you can go kill the altyn-topped monstrosity and save everyone.\n\nAnyway, that's my giant rambling post. Have fun and make sure to [make friends](https://streamable.com/fckzl3)", 'https://www.reddit.com/r/EscapefromTarkov/comments/otkj7a/how_to_train_your_scav_a_coop_extract_guide/', 'otkj7a', [['u/Endles5', 17, '2021-07-29 00:30', 'https://www.reddit.com/r/EscapefromTarkov/comments/otkj7a/how_to_train_your_scav_a_coop_extract_guide/h6vxjgk/', 'Good post. Very informative.', 'otkj7a'], ['u/r-bread', 28, '2021-07-29 00:54', 'https://www.reddit.com/r/EscapefromTarkov/comments/otkj7a/how_to_train_your_scav_a_coop_extract_guide/h6w0n50/', 'It\'s been amazing to me how well people respond to "Don\'t shoot!" Scavs are mostly cool with it and I have finished factory quests with random pmc\'s trying to get to the same objective I am!', 'otkj7a'], ['u/1984IsBook', 19, '2021-07-29 01:30', 'https://www.reddit.com/r/EscapefromTarkov/comments/otkj7a/how_to_train_your_scav_a_coop_extract_guide/h6w56io/', 'Me who picked BEAR :(', 'otkj7a'], ['u/Chilly_Down', 19, '2021-07-29 01:36', 'https://www.reddit.com/r/EscapefromTarkov/comments/otkj7a/how_to_train_your_scav_a_coop_extract_guide/h6w5wzf/', "Yeah, oof. I forgot to mention that. My duo's partner picked bear and it's basically up to me to go grab our ride. Maybe BSG could eventually let us set subtitles to voice lines so everyone can have the same experience. I don't know how people who speak neither Russian nor English should operate within the system.", 'otkj7a'], ['u/Chilly_Down', 11, '2021-07-29 02:19', 'https://www.reddit.com/r/EscapefromTarkov/comments/otkj7a/how_to_train_your_scav_a_coop_extract_guide/h6wb4wp/', "1.8. \n\nLike car extracts, it eventually 'tops out' after the nerf and you no longer gain anything, not even .01. It definitely helped boost me up, since I don't even really do scav runs myself, all my 1.8 came from car extracts on woods and then just coop extracting a million times.\n\nI really think the nerf to fence gain is a bit ridiculous. It's not like being at 6.00 has some sort of gamebreaking advantage. From what I can tell from streamers, the stuff you get from his loyalty shop isn't even remarkably... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
42235.55, 41626.20, 39974.89, 39201.95, 38152.98, 39747.50, 40869.55, 42816.50, 44555.80, 43798.12
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['Bitcoin, BTC to USD, rose by 0.05% on Thursday. Following a 1.33% gain from Wednesday, Bitcoin ended the day at $40,036.1.\nA mixed start to the day saw Bitcoin fall to an early morning intraday low $39,272.0 before making a move.\nSteering clear of the first major support level at $38,913, Bitcoin rose to a late morning intraday high $40,623.0.\nFalling short the first major resistance level at $41,010, however, Bitcoin fell back to sub-$39,500 levels before finding support. A late move back through to $40,000 reversed losses from the day.\nThe near-term bullish trend remained intact, supported by the latest return to $40,000 levels. For the bears, Bitcoin would need a sustained fall through the 62% FIB of $27,237 to form a near-term bearish trend.\nAcross the rest of the majors, it was a mixed day on Thursday.\nCardano’s ADAslipped by 0.15% to buck the trend.\nIt was a bullish day for the rest of the majors, however.\nPolkadot rallied by 4.94% to lead the way, withCrypto.com Coin(+2.33%),Ethereum(+3.59%), andRipple’s XRP(+2.39%) also finding strong support.\nBinance Coin(+1.00%),Bitcoin Cash SV(+0.41%),Chainlink(+1.36%), andLitecoin(+0.74%) saw modest gains, however.\nIn the current the week, the crypto total market fell to a Monday low $1,379bn before rising to a Monday high $1,606bn. At the time of writing, the total market cap stood at $1,553bn.\nBitcoin’s dominance fell to a Monday low 47.07% before jumping to a Wednesday high 49.16%. At the time of writing, Bitcoin’s dominance stood at 48.44%.\nAt the time of writing, Bitcoin was up by 0.09% to $40,071.0. A mixed start to the day saw Bitcoin fall to an early morning low $39,779.0 before rising to a high $40,122.0.\nBitcoin left the major support and resistance levels untested early on.\nElsewhere, it was a mixed start to the day.\nBinance Coin (-0.15%), Chainlink (-0.06%), Polkadot (-0.50%), and Ripple’s XRP (-0.33%) saw early red.\nIt was a bullish start for the rest of the majors, however.\nAt the time of writing, Crypto.com Coin was up by 0.81% to lead the way.\nBitcoin would need to avoid a fall back through the $39,977 pivot to bring the first major resistance level at $40,682 into play.\nSupport from the broader market would be needed for Bitcoin to break out from Thursday’s high $40,623.0.\nBarring a broad-based crypto rally, the first major resistance level would likely cap any upside.\nIn the event of another extended crypto rally, Bitcoin could test resistance at the 38.2% FIB of $41,592 before any pullback. The second major resistance level sits at $41,328.\nFailure to avoid a fall back through the $39,977 pivot would bring the first major support level at $39,331 into play.\nBarring an extended sell-off on the day, Bitcoin should steer clear of the second major support level at $38,626.\nThisarticlewas originally posted on FX Empire\n• Gold Price Prediction – Prices Surge on Dollar Weakness\n• Today’s Market Wrap Up and a Glimpse Into Friday\n• Robinhood Markets Snubbed by Investors on Nasdaq Debut\n• Ethereum, Litecoin, and Ripple’s XRP – Daily Tech Analysis – July 30th, 2021\n• The Crypto Daily – Movers and Shakers – July 30th, 2021\n• Gold Price Futures (GC) Technical Analysis – Decision Time for Gold Bulls at $1839.00 – $1839.90', 'Bitcoin , BTC to USD, rose by 0.05% on Thursday. Following a 1.33% gain from Wednesday, Bitcoin ended the day at $40,036.1. A mixed start to the day saw Bitcoin fall to an early morning intraday low $39,272.0 before making a move. Steering clear of the first major support level at $38,913, Bitcoin rose to a late morning intraday high $40,623.0. Falling short the first major resistance level at $41,010, however, Bitcoin fell back to sub-$39,500 levels before finding support. A late move back through to $40,000 reversed losses from the day. The near-term bullish trend remained intact, supported by the latest return to $40,000 levels. For the bears, Bitcoin would need a sustained fall through the 62% FIB of $27,237 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was a mixed day on Thursday. Cardano’s ADA slipped by 0.15% to buck the trend. It was a bullish day for the rest of the majors, however. Polkadot rallied by 4.94% to lead the way, with Crypto.com Coin (+2.33%), Ethereum (+3.59%), and Ripple’s XRP (+2.39%) also finding strong support. Binance Coin (+1.00%), Bitcoin Cash SV (+0.41%), Chainlink (+1.36%), and Litecoin (+0.74%) saw modest gains, however. In the current the week, the crypto total market fell to a Monday low $1,379bn before rising to a Monday high $1,606bn. At the time of writing, the total market cap stood at $1,553bn. Bitcoin’s dominance fell to a Monday low 47.07% before jumping to a Wednesday high 49.16%. At the time of writing, Bitcoin’s dominance stood at 48.44%. This Morning At the time of writing, Bitcoin was up by 0.09% to $40,071.0. A mixed start to the day saw Bitcoin fall to an early morning low $39,779.0 before rising to a high $40,122.0. Bitcoin left the major support and resistance levels untested early on. Elsewhere, it was a mixed start to the day. Binance Coin (-0.15%), Chainlink (-0.06%), Polkadot (-0.50%), and Ripple’s XRP (-0.33%) saw early red. It was a bullish start for the rest of the majors, however. Story continues At the time of writing, Crypto.com Coin was up by 0.81% to lead the way. For the Bitcoin Day Ahead Bitcoin would need to avoid a fall back through the $39,977 pivot to bring the first major resistance level at $40,682 into play. Support from the broader market would be needed for Bitcoin to break out from Thursday’s high $40,623.0. Barring a broad-based crypto rally, the first major resistance level would likely cap any upside. In the event of another extended crypto rally, Bitcoin could test resistance at the 38.2% FIB of $41,592 before any pullback. The second major resistance level sits at $41,328. Failure to avoid a fall back through the $39,977 pivot would bring the first major support level at $39,331 into play. Barring an extended sell-off on the day, Bitcoin should steer clear of the second major support level at $38,626. This article was originally posted on FX Empire More From FXEMPIRE: Gold Price Prediction – Prices Surge on Dollar Weakness Today’s Market Wrap Up and a Glimpse Into Friday Robinhood Markets Snubbed by Investors on Nasdaq Debut Ethereum, Litecoin, and Ripple’s XRP – Daily Tech Analysis – July 30th, 2021 The Crypto Daily – Movers and Shakers – July 30th, 2021 Gold Price Futures (GC) Technical Analysis – Decision Time for Gold Bulls at $1839.00 – $1839.90', 'This news release constitutes a "designated news release" for the purposes of the Company\'s prospectus supplement dated February 2, 2021 to its short form base shelf prospectus dated January 27, 2021 VANCOUVER, BC / ACCESSWIRE / July 29, 2021 / HIVE Blockchain Technologies Ltd. (TSXV:HIVE)(NASDAQ:HVBT)(FSE:HBF) (the " Company " or " HIVE ") announces that as a result of delays in the completion of its audit, the Company will be unable to file its financial statements and accompanying management\'s discussion and analysis for the financial year ended March 31, 2021 (collectively, the " Annual Filings ") by July 29, 2021, being the date that such filings are due under applicable Canadian securities law requirements. The late filing is the result of operational and reporting challenges associated with the consolidation of the 5 countries that the Company operates in: Sweden, Canada, Switzerland, Bermuda, and Iceland. Maintaining operations in so many different jurisdictions allows us to diversify our holdings, and access low-cost green power in stable areas. However, it also brings reporting complications, as each country has its own unique requirements. To address these, we are streamlining financial processes to facilitate faster auditing and reporting. In addition, earlier this year we exited Norway, and in the past 18 months have bought two data center operations in New Brunswick and Lachute, Canada, which are familiar jurisdictions to our financial team. Other factors contributing to the reporting delay include unexpected accounting and logistical delays associated with the previously announced Sweden GPU facility upgrade process, and in obtaining financial reporting and analysis from the Company\'s wholly-owned subsidiaries in Sweden, which have recently undergone a corporate reorganization to simplify our operating structure moving forward. We believe this new corporate structure in Sweden will resolve these reporting delays and benefit shareholders overall, with certain tax benefits expected. Story continues This reorganization of our Swedish operation, which is where most of our GPU mining operations are located, will provide a better corporate structure as we move into high performance computing (HPC) cloud hosting. In the future, HIVE will use its high-end GPUs, which currently mine Ethereum, to provide HPC cloud hosting for tasks that require substantial GPU processing power, such as simulations, AI, machine learning, and gaming. This shift to cloud HPC hosting will depend on the timing of the launch of Ethereum 2 (Eth2), which is a planned upgrade to Ethereum that is expected to make mining ETH obsolete. The Eth2 upgrade has been delayed for years, and we do not know exactly when it will take place, if at all. You can read more about our HPC strategy in this prior press release . In response to the reporting delay, the Company has applied for a management cease trade order (the " MCTO ") by the British Columbia Securities Commission restricting the Company\'s chief executive officer and chief financial officer from trading the Company\'s shares until the Annual Filings are filed. The Company currently expects to file the Annual Filings on or before August 12, 2021 and will issue a press release announcing completion of these filings at such time. Until the Company files the Annual Filings, it will comply with the alternative i **Last 60 Days of Bitcoin's Closing Prices:** [37332.86, 36684.93, 37575.18, 39208.77, 36894.41, 35551.96, 35862.38, 33560.71, 33472.63, 37345.12, 36702.60, 37334.40, 35552.52, 39097.86, 40218.48, 40406.27, 38347.06, 38053.50, 35787.25, 35615.87, 35698.30, 31676.69, 32505.66, 33723.03, 34662.44, 31637.78, 32186.28, 34649.64, 34434.34, 35867.78, 35040.84, 33572.12, 33897.05, 34668.55, 35287.78, 33746.00, 34235.20, 33855.33, 32877.37, 33798.01, 33520.52, 34240.19, 33155.85, 32702.03, 32822.35, 31780.73, 31421.54, 31533.07, 31796.81, 30817.83, 29807.35, 32110.69, 32313.11, 33581.55, 34292.45, 35350.19, 37337.54, 39406.94, 39995.91, 40008.42] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2021-07-30 **Financial & Commodity Data:** - Gold Closing Price: $1812.60 - Crude Oil Closing Price: $73.95 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $733,218,316,675 - Hash Rate: 112824945.7411269 - Transaction Count: 255417.0 - Unique Addresses: 629903.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.53 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: That’s why I spend my time crafting portfolios chock full of outlier stocks. If you choose right, you’ll have enormous gains on your hands in the years to come. Now, I pick my ETFs perhaps a bit differently than other people. I can find outlier ETFs by tracking the Big Money. But that alone isn’t enough: when I catalog the components and find outlier stocks underneath… that’s the winning recipe. That’s how I found the best big-money ETFs for July. First, I looked at all ETFs making Big Money signals by going to MAPsignals.com and scanning the Big Money ETF Buys and Sells chart. I looked for recent days with heavy buying (the bright blue spikes): Once I knew which ETFs Big Money was buying, then I wanted the best opportunities. Remember: ETFs are just baskets of stocks. MAPsignals specializes in scoring more than 6,000 stocks daily. Therefore, if I know which stocks make up the ETFs, I can apply the stock scores to the ETFs. Then I can rank them all strongest to weakest. Once the ETFs were sorted, I noticed Real Estate funds at the top. That’s why this month the top ETF is IYR. As we can see- there was a lot of Big Money buying plowing into this ETF over the last year. It accelerated noticeably since February: IYR holds some great stocks. One fine example is PLD (Prologis, Inc.). Below are Big Money signals for PLD: A.I. and Robotics are undoubtedly a huge part of our future. Big Money thinks so too. Look at the buying of BOTZ over the last year below. One great example stock that BOTZ holds is Intuitive Surgical. They make the surgical robot called DaVinci. It allows remote surgery- a phenomenal technology. Energy was an unloved sector last year. But it’s having a sudden resurgence. Big Money has been buying VDE: VDE holds a bunch of great energy stocks. One such stock that has been a Big Money darling in the past is FANG which is seeing a rebirth: Like it or not, lithium is the power of the foreseeable future for EVs. Look at all that green last year: And LIT holds some great stocks. One of them is the best-known EV manufacturer which is very reliant on lithium: Tesla Inc. The media has recently heaped scorn upon Cathie Wood, CEO of ARK Invest after she was Wall Street’s darling last year. The proof is ultimately not in the headlines, but in the Big Money buying. Here we can see clearly that Big Money loved ARKQ last year. The question is: when we see selling (red) should we worry? The answer lies in which stocks the ETF holds. And ARKQ holds some great ones. One such outlier is Teradyne: Let’s summarize here: the top 3 ETFs (IYR, BOTZ, and VDE) for July score well in terms of MAPsignals’ scores. That means Big Money has been pouring into them: LIT and ARKQ however, rank lower on our list of ETFs. This is because of weak technicals. These weaker ETFs represent great potential bargains. So, there we have the 5 best ETFs for July. IYR, BOTZ, VDE, LIT, & ARKQ represent top ETFs for July 2021. Real Estate, Energy, and Robotics stocks have performed well lately, which should continue. Lithium has an interesting story too. Paying attention to the fundamental quality of ETF constituents is paramount. To learn more about MAPsignals’ Big Money process please visit:www.mapsignals.com Disclosure: the author holds long positions in TER in managed accounts, but no positions in IYR, BOTZ, VDE, LIT, ARKQ, PLD, ISRG, FANG, or TSLA at the time of publication. Charts Source:www.mapsignals.com, FactSet, End of day data sourced from Tiingo.com Investment Research Disclaimer Thisarticlewas originally posted on FX Empire • Silver Price Forecast – Silver Markets Recover • Silver Price Daily Forecast – Resistance At $26.30 In Sight • GBP/USD Price Forecast – British Pound Trying to Recover Again • Daily Gold News: Wednesday, June 23 – Gold Extends Consolidation Below $1,800 • USD/JPY Price Forecast – US Dollar Testing ¥111 Level • BIS Goes for Jugular on Bitcoin, Touts CBDCs... - Reddit Posts (Sample): [['u/1stPostChillin', 'I think Sentiment is Flipping Bullish on Zilliqa Right Now', 54, '2021-07-30 00:48', 'https://www.reddit.com/r/zilliqa/comments/ou88se/i_think_sentiment_is_flipping_bullish_on_zilliqa/', '**EDIT:** due to criticisms in the comment section I am providing a very concise TLDR:\n\n**Market Factors for Bullish Sentiment**\n\nIt would appear the cryptocurrency market underwent a long-correction as opposed to a formal multi-year bear market. This "long correction" is in part explained by the lengthening-cycle theory which has yet to be broken. Therefore, while I cannot be certain this current rebound in price will be sustained, I believe there is very little time left on any downward price movement before the higher-high and lower-low movement of a typical bull market resumes. So this macro view of the market is contributing to the flip in sentiment I am stating is occurring.\n\n**Zilliqa Factors for Bullish Sentiment**\n\nZilliqa\'s value narrative communication is becoming more clear and concise. Despite being ranked #80 in marketcap, Zilliqa is the 6th most used public blockchain in the world today. Combining this fact with Zilliqa\'s steadfast development and technological improvement, as well as increased community engagement, serves to explain an apparent improvement in the overall sentiment around Zilliqa -- despite the criticisms surrounding network down time. Further, I view the downtime as more a sign of Zilliqa\'s constant technological advancement as they are perhaps on the bleeding edge of problem-solving and encountering alike. For me personally, Zilliqa\'s network downtime isn\'t unlike the several hard forks of Ethereum and the network congestion issue which remains to be solved. The differentiating factor with Zilliqa is that they are actually solving their problems whilst remaining true to high utility and scalable form. \n\\------------------------------------------------------------------------------------------------------------------------------------------------\n\nHi Guys,\n\nI\'m sensing a switch in sentiment of Zilliqa to positive.\n\nA lot of people have reached out to me about my prediction that Zilliqa would trade at the 3-5 cent range after hitting a worst-case scenario bottom of 1.7 cents. I made this prediction when Zilliqa was at roughly 12 cents.\n\nWhile the likelihood of the 1.7 cent bottom is diminishing, my prediction of 3-5 cent Zilliqa ended up ringing true. However, while my confidence in 3-5 cent Zilliqa trading for the medium-short-term (i,e, 3 months) was once 70/30 it\'s now flipped to 40/60 meaning the likelihood of this persisting as a muti-month range has diminished - -though this does not rule out a final momentary plunge.\n\nI thought BTC was primed to hit the 18k-24k range just before the Amazon-interested-in-crypto news came out. That news confirmed in some sense what I already suspected -- that there was a lot of hungry smart money ready for sub 24k BTC and that below that price would represent a violent rebound and resumption of the bull run. The money ended up rushing in on the news instead of the juicy price as it so happens.\n\nWhy did I think there would be a violent rebound and it wouldn\'t be at the commensurate low of 12k that would\'ve been yielded from the last bear market? Because I\'ve viewed what\'s happening as a long-correction resembling Wyckoff but not entirely so on the basis of the lengthening cycle theory -- which means temporally we are actually still in a bull market even though we\'ve seen some aspects of capitulation. I know this sounds a little counterintuitive but it\'s basically that if we stretch time horizontally enough price action becomes less volatile and harder to distinguish or categorize in terms of standard temporal trade jargon and metrics (I mean other than being stable).\n\nYou can think of it like this, if you were to zoom out super far on a given dip or correction from 2017 and put the intervals of time between 1s or a minute you\'d probably see something resembling a mini-Wyckoff. Of course since we live on the hour, the day, or the week this becomes of less significance though to a fast enough computer this would be very significant at least in terms of applying macro-psychology frameworks.\n\nSo in our case, our true macrotrend is just taking place over a longer period of time (we are now the fast diagnosing computer) and our supposed bear market is actually just a long correction. March 2020 to April 2021 was not the bull market in its entirety but rather the first leg, April 2021 to August 2021 is not a bear market but rather the first significant correction on this time scale, and anywhere from August to October (starting) is going to be the resumption of the 2nd leg of the bull market under this theory which to me seems plausible. Of course it could just be that we\'re all completely wrong about everything and BTC just does whatever it wants (though my trading behaviour has generally served me well since 2018).\n\nSo what am I really saying here? There\'s less real estate left for Zilliqa\'s price to drop, aka less time. It\'s running out of room and with less room between now and the impending 2nd leg it\'s looking less likely that Zilliqa will persist at 3-5 cents for a significant period of time.\n\nBarring some serious serious FUD, it looks as though even if ZIL were to hit 3-5 cents BTC would springboard so violently off 18-24k resistance that timing this hypothetical advent is going to be exceedingly tough (I mean unless you just camp your order for months at a time hoping it will hit). That\'s fine to do that, just for myself now I\'m in DCA mode and have been since the initial sub 8 cents persistence.\n\nIn either event I\'m prepared for all of the scenarios I accept as a possibility. I\'ve already done my cash out (up at 20 cents); I\'ve resumed DCA acquisition; I have cash on hand to see me through any event bull or bear market, and I\'m simply biding my time.\n\nIf Zilliqa goes up I won\'t have acquired as much as I would\'ve liked but realistically I have until 20 cents to reclaim my stack on my just commenced DCA. If it goes down I\'ll be happy to acquire more even if it is for a year or more.\n\nIn either event my preparedness for all situations and ability to at least try and remain calm and see things objectively is only made possible because I am not over-leveraged.\n\nSo for those of you who are you can either grin and bear it or find a good exit on this little upturn as it may not be permanent and you should always make sure you have a pot to piss in at the end of the day. If someone did want to do a violent heinous shakeout this would be the best way to achieve it (doesn\'t mean the bears will reclaim control however).\n\nRegardless, I just wanted to share with the community that this uptick is a promising sign whether or not is sustained because barring some cataclysmic event I think the real estate on this long-correction is quickly running out if that is indeed true (aka the lengthening cycle theory).\n\nAnd as far as I\'m concerned Zilliqa Team has been much improved over the last few months. I\'m seeing a very real sincere attempt at dynamically responding to the community and their requests. It really seems the team is being accountable for professional communication and willing to engage the community regardless of a given member\'s initial sentiment seeming positive or negative.\n\nBeyond that, Raoul Pal speaking at ZIL4 does get me a little excited. I don\'t mean to speculate but that\'s very good company and if Raoul were to so much as hint to liking Zilliqa it\'d be an indication that we are in good company and more eyes will be seeing Zilliqa. For those of you that don\'t know the man\'s opinion carries serious weight in the economic and financial communities.\n\nAs well, Zilliqa has really started to take control of their narrative and value proposition. People are now starting to understand that as far as utility to marketcap ratios are concerned, you\'re not going to find a more valuable purchase or participation than Zilliqa.\n\nZilliqa is #6 in on-chain transactions of any cryptocurrency. People can speculate as they want but as far as blockchain as a service or utility is concerned numbers don\'t lie -- Zilliqa is near the top. It\'s easy for people to point to the price and go if Zilliqa is so valuable why is it #80 in marketcap? Simple answer, people simply don\'t know how to value cryptocurrencies yet. Isn\'t that glaringly obvious? Look at DOGE, what utility does that provide? EOS was once top ten, what decentralization does that provide? Heck I love Vitalik Buterin too but seriously, they still don\'t have a solution for CryptoKitties though I assume it is forthcoming.\n\nZilliqa has been aggressive in their roll-outs and their gaining distance ahead of the pack as evidenced by the proliferation if its dApps and significant on-chain utility/volume. Adding to that a seriously nice passive APY through staking, eth-bridge (for sure going to drive more utility), and the other irons in the fire Zilliqa has -- I\'m telling you Zilliqa will deliver something with the MAS and Bank of Singapore eventually, they\'ve joined the digital chamber of commerce of the USA and honing in on that coveted coinbase listing, they\'re making some serious NFT / gaming moves behind the scenes.\n\nGuys n gals, what I\'m getting at here is pretty simple -- I\'ve been frustrated with Zilliqa but the team is answering the call and they\'re in a good position leading up to this 2nd leg of the bull run whenever it does come.\n\nRemain prepared for the possibility of lower price Zilliqa, but know that Zilliqa is at an inflection point sentiment wise and I think we\'ll all be looking back a year from now happy with our stake in Zilliqa.\n\nThanks and happy Zilliqa\'ing.', 'https://www.reddit.com/r/zilliqa/comments/ou88se/i_think_sentiment_is_flipping_bullish_on_zilliqa/', 'ou88se', [... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
41626.20, 39974.89, 39201.95, 38152.98, 39747.50, 40869.55, 42816.50, 44555.80, 43798.12, 46365.40
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['Bitcoin , BTC to USD, rallied by 5.43% on Friday. Following a 0.05% gain on Thursday, Bitcoin ended the day at $42,214.5. A mixed start to the day saw Bitcoin fall to a late morning intraday low $38,343.0 before making a move. Bitcoin fell through the first major support level at $39,331 before rallying to a final hour intraday high $42,299.2. Bitcoin broke through the first major resistance level at $40,682 and the second major resistance level at $41,328. More significantly, Bitcoin also broke through the 38.2% FIB of $41,592 to end the day at $42,000 levels. The near-term bullish trend remained intact, supported by the latest return to $42,000 levels. For the bears, Bitcoin would need a sustained fall through the 62% FIB of $27,237 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was a mixed day on Friday. Crypto.com Coin and Polkadot fell by 1.22% and by 1.83% respectively to buck the trend on the day. It was a bullish day for the rest of the majors, however. Chainlink surged by 15.16% to lead the way. Bitcoin Cash SV (+3.99%), Ethereum (+3.37%), and Litecoin (+2.86%) also found strong support. Binance Coin (+1.73%), Cardano’s ADA (+1.99%), and Ripple’s XRP (+0.38%) trailed the front runners, however. In the current the week, the crypto total market fell to a Monday low $1,379bn before rising to a Friday high $1,640bn. At the time of writing, the total market cap stood at $1,610bn. Bitcoin’s dominance fell to a Monday low 47.07% before jumping to a Wednesday high 49.16%. At the time of writing, Bitcoin’s dominance stood at 49.02%. This Morning At the time of writing, Bitcoin was down by 0.47% to $42,017.0. A mixed start to the day saw Bitcoin rise to an early morning high $42,398.0 before falling to a low $41,677.5. Bitcoin left the major support and resistance levels untested early on. Elsewhere, it was a mixed start to the day. Bitcoin Cash SV was down by 0.99% to buck the early trend and join Bitcoin in the red. Story continues It was a bullish start for the rest of the majors, however. At the time of writing, Crypto.com Coin was up by 4.85% to lead the way. For the Bitcoin Day Ahead Bitcoin would need to avoid a fall through the 38.2% FIB of $41,592 and the $40,952 pivot to bring the first major resistance level at $43,562 into play. Support from the broader market would be needed for Bitcoin to break out from $42,500 levels. Barring a broad-based crypto rally, the first major resistance level would likely cap any upside. In the event of another extended crypto rally, Bitcoin could test resistance at $45,000 before any pullback. The second major resistance level sits at $44,908. A fall through the 38.2% FIB and the $40,952 pivot would bring the first major support level at $39,605 into play. Barring an extended sell-off on the day, Bitcoin should steer clear of sub-$38,000 levels. The second major support level sits at $36,966. This article was originally posted on FX Empire More From FXEMPIRE: Gold Weekly Price Forecast – Gold Continues Same Pattern of Consolidation Natural Gas Price Forecast – Natural Gas Selloff Into the Weekend USD/CAD: Loonie Dips After Early Gains But Set to End Week Strong Price of Gold Fundamental Daily Forecast – Sideways to Lower As Rangebound Trade Resumes S&P 500 Weekly Price Forecast – S&P 500 Continuing Upward Trajectory S&P 500 Price Forecast – Stock Markets Continue to Grind Sideways Looking for Next Push Higher', 'Bitcoin , BTC to USD, rallied by 5.43% on Friday. Following a 0.05% gain on Thursday, Bitcoin ended the day at $42,214.5. A mixed start to the day saw Bitcoin fall to a late morning intraday low $38,343.0 before making a move. Bitcoin fell through the first major support level at $39,331 before rallying to a final hour intraday high $42,299.2. Bitcoin broke through the first major resistance level at $40,682 and the second major resistance level at $41,328. More significantly, Bitcoin also broke through the 38.2% FIB of $41,592 to end the day at $42,000 levels. The near-term bullish trend remained intact, supported by the latest return to $42,000 levels. For the bears, Bitcoin would need a sustained fall through the 62% FIB of $27,237 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was a mixed day on Friday. Crypto.com Coin and Polkadot fell by 1.22% and by 1.83% respectively to buck the trend on the day. It was a bullish day for the rest of the majors, however. Chainlink surged by 15.16% to lead the way. Bitcoin Cash SV (+3.99%), Ethereum (+3.37%), and Litecoin (+2.86%) also found strong support. Binance Coin (+1.73%), Cardano’s ADA (+1.99%), and Ripple’s XRP (+0.38%) trailed the front runners, however. In the current the week, the crypto total market fell to a Monday low $1,379bn before rising to a Friday high $1,640bn. At the time of writing, the total market cap stood at $1,610bn. Bitcoin’s dominance fell to a Monday low 47.07% before jumping to a Wednesday high 49.16%. At the time of writing, Bitcoin’s dominance stood at 49.02%. This Morning At the time of writing, Bitcoin was down by 0.47% to $42,017.0. A mixed start to the day saw Bitcoin rise to an early morning high $42,398.0 before falling to a low $41,677.5. Bitcoin left the major support and resistance levels untested early on. Elsewhere, it was a mixed start to the day. Bitcoin Cash SV was down by 0.99% to buck the early trend and join Bitcoin in the red. Story continues It was a bullish start for the rest of the majors, however. At the time of writing, Crypto.com Coin was up by 4.85% to lead the way. For the Bitcoin Day Ahead Bitcoin would need to avoid a fall through the 38.2% FIB of $41,592 and the $40,952 pivot to bring the first major resistance level at $43,562 into play. Support from the broader market would be needed for Bitcoin to break out from $42,500 levels. Barring a broad-based crypto rally, the first major resistance level would likely cap any upside. In the event of another extended crypto rally, Bitcoin could test resistance at $45,000 before any pullback. The second major resistance level sits at $44,908. A fall through the 38.2% FIB and the $40,952 pivot would bring the first major support level at $39,605 into play. Barring an extended sell-off on the day, Bitcoin should steer clear of sub-$38,000 levels. The second major support level sits at $36,966. This article was originally posted on FX Empire More From FXEMPIRE: Gold Weekly Price Forecast – Gold Continues Same Pattern of Consolidation Natural Gas Price Forecast – Natural Gas Selloff Into the Weekend USD/CAD: Loonie Dips After Early Gains But Set to End Week Strong Price of Gold Fundamental Daily Forecast – Sideways to Lower As Rangebound Trade Resumes S&P 500 Weekly Price Forecast – S&P 500 Continuing Upward Trajectory S&P 500 Price Forecast – Stock Markets Continue to Grind Sideways Looking for Next Push Higher', 'Moody’s downgraded El Salvador’s rating and continued its negative view on the country’s economy partly because of the government’s passage of a law that will make bitcoin a legal tender in the country, the ratings agency announced Friday. Moody’s lowered El Salvador’s long-term, foreign-currency issuer and senior unsecured ratings to Caa1 from B3. Noting a “deterioration in the quality of policymaking,” the agency said that the bitcoin law and other measures reflected “weakened governance in El Salvador, raising tensions with international partners – including the United States – and jeopardizing progress toward an agreement with the IMF (International Monetary Fund).” The bond ratings agency added that the combined factors could increase the risk to El Salvador’s ability “to access sufficient external financing ahead of bond redemptions,” starting in January 2023. The bitcoin law, which goes into effect Sept. 7 , requires merchants to accept bitcoin along with the U.S. dollar. The law passed by a supermajority in El Salvador’s legislature on June 9, with 62 members voting in favor of the bill, 19 opposing and three abstaining, but it has also faced stiff dissent with some opponents arguing it violates El Salvador’s constitution. Related Stories What Is Latin America’s Love for Bitcoin? Feat. Sebastian Serrano Digging Into El Salvador’s Bitcoin Bill Por qué bitcoin podría ser algo bueno para El Salvador El Salvador May Issue Its Own Stablecoin: Report', 'Moody’sdowngradedEl Salvador’s rating and continued its negative view on the country’s economy partly because of the government’s passage of a law that will makebitcoina legal tender in the country, the ratings agency announced Friday.\n• Moody’s lowered El Salvador’s long-term, foreign-currency issuer and senior unsecured ratings to Caa1 from B3.\n• Noting a “deterioration in the quality of policymaking,” the agency said that thebitcoinlaw and other measures reflected “weakened governance in El Salvador, raising tensions with international partners – including the United States – and jeopardizing progress toward an agreement with the IMF (International Monetary Fund).”\n• The bond ratings agency added that the combined factors could increase the risk to El Salvador’s ability “to access sufficient external financing ahead of bond redemptions,” starting in January 2023.\n• The bitcoin law, which goes into effectSept. 7, requires merchants to accept bitcoin along with the U.S. dollar.\n• The law passed bya supermajorityin El Salvador’s legislature on June 9, with 62 members voting in favor of the bill, 19 opposing and three abstaining, but it has also facedstiff dissentwith some opponents arguing it violates El Salvador’s constitution.\n• What Is Latin America’s Love for Bitcoin? Feat. Sebastian Serrano\n• Digging Into El Salvador’s Bitcoin Bill\n• Por qué bitcoin podría ser algo bueno para El Salvador\n• El Salvador May Issue Its Own Stablecoin: Report', 'Moody’sdowngradedEl Salvador’s rating and continued its negative view on the country’s economy partly because of the gove **Last 60 Days of Bitcoin's Closing Prices:** [36684.93, 37575.18, 39208.77, 36894.41, 35551.96, 35862.38, 33560.71, 33472.63, 37345.12, 36702.60, 37334.40, 35552.52, 39097.86, 40218.48, 40406.27, 38347.06, 38053.50, 35787.25, 35615.87, 35698.30, 31676.69, 32505.66, 33723.03, 34662.44, 31637.78, 32186.28, 34649.64, 34434.34, 35867.78, 35040.84, 33572.12, 33897.05, 34668.55, 35287.78, 33746.00, 34235.20, 33855.33, 32877.37, 33798.01, 33520.52, 34240.19, 33155.85, 32702.03, 32822.35, 31780.73, 31421.54, 31533.07, 31796.81, 30817.83, 29807.35, 32110.69, 32313.11, 33581.55, 34292.45, 35350.19, 37337.54, 39406.94, 39995.91, 40008.42, 42235.55] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2021-07-31 **Financial & Commodity Data:** - Gold Closing Price: $1812.60 - Crude Oil Closing Price: $73.95 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $781,886,643,794 - Hash Rate: 112465862.1258896 - Transaction Count: 207348.0 - Unique Addresses: 532121.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.60 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: “(Insert coin name here) is going to the moon” is said so often by people trying to get the prices of their favorite cryptocurrencies into figurative outer space it’s become hackneyed. Lately, however, the phrase has taken on a more literal meaning. • In early May it wasannouncedSpaceX will launch the “DOGE-1 Mission to the Moon” early next year with the Elon Musk-helmed company accepting the meme-inspired cryptocurrency as payment. • Then this past Thursday, SpaceXlaunchedan Ethereum node to the International Space Station, the first time such a node has been put into space. DockingoccurredSaturday. • BitMEX, however, is taking it even further, targeting one large step forbitcoin. The crypto exchangerecently announced plansto deposit a physical wallet containing a single bitcoin on the surface of the moon. The wallet will be in the form of a commemorative coin. • To do this, BitMEX is helping to fund space robotics companyAstrobotic‘s efforts to put its Peregrine commercial lander on the moon. That landing is scheduled for Q4, just ahead of “DOGE-1 Mission to the Moon,” a fact BitMEX was happy to point out. • “One Dogecoin protagonist / EV car innovator / space enthusiast recently laid down the gauntlet in saying he plans to send Doge to the Moon. We’ve nothing against Dog Money, we felt it was only right to help bitcoin get there first.” • That’s some dark-side-of-the-moon-type shade right there. • Bitcoin Struggles Below $40K; Upside Limited as Trend Weakens • Bitcoin, Gold Are Likely to Withstand Fed Taper, SkyBridge Capital Says • Upside Elusive for Bitcoin as Yellen Says Fed Rate Hike a ‘Plus’ • Crypto Long & Short: Bitcoin’s Taproot Update Shows How It’s Not Like Gold... - Reddit Posts (Sample): [['u/ImLegacys', 'Player/Analyst Tweets &amp; Other Things – LCS Summer Week 9 (2021) - TSM FTX vs 100', 237, '2021-07-31 00:49', 'https://www.reddit.com/r/TeamSolomid/comments/ouvqhm/playeranalyst_tweets_other_things_lcs_summer_week/', 'FINAL REGULAR SEASON WEEK OF 2021!!\n\n**Good Morning/Afternoon/Evening GrubhubGamers!**\n\n######*What is this thread?*\n\nThe main purpose of this thread is to provide a place for all social media posts/comments related to TSM’s games of the week from pro players/analysts/influencers/orgs. The thread is updated manually after every game in this order:\n\nInterview (if TSM FTX wins) &gt; TSM FTX Tweets &gt; Opponent Tweets &gt; Others\n\nI also take notes on LCS Co-streamer’s analysis (sometimes 2+) but because it is not the major focus of this thread, the quality varies from day to day and I would highly recommend just watching their vod which I’ll provide here if it is available.\n\n---\n\nToday’s Live Analyst: [TSM FTX Doublelift w/ SneakyMeats](https://www.twitch.tv/doublelift) \n\nAnalyst Vod: [Link](https://www.twitch.tv/videos/1103154588)\n\n\n---\n\n######PRE-GAME\n\n[THIS WEEK\'S TSM LEGENDS](https://www.youtube.com/watch?v=ppbHXEECOsE)\n\nTim Sevenhuysen (Predictions)\n\n&gt; Here it is. My #LCS predictions for this crucial day, July 30.\n\n&gt; TSM vs. 100: #TSMwin (50/50 here)\n\n&gt; EG vs. C9: #C9win (online EG look like Spring EG)\n\n&gt; TL vs. IMT: #IMTwin (Santorin reacclimation)\n\n&gt; FLY vs. GG: #GGwin (GG are better IMO)\n\n&gt; DIG vs. CLG: #DIGwin (DIG look decent lately)\n\n&gt;I applogize to \n@TSM\n, \n@Cloud9\n, \n@Immortals\n, \n@GoldenGuardians\n, and \n@dignitas\n for expecting them to win their #LCS games today. [Video Link](https://twitter.com/TimSevenhuysen/status/1421220695699169284)\n\nDlim\n\n&gt; Honestly can\'t wait to watch \n@100Thieves\n vs \n@TSM\n today, aka \n@currylol\n vs \n@JungleJuiceLoL**\n\n\n&gt;&gt; Locodoco: @kayyslol\n vs \n@JungleJuiceLoL\n scouting battle\n\n&gt;&gt;&gt; Dlim: What Junglejuice does cannot be considered scouting.\n\n&gt;&gt;&gt;&gt; Locodoco: 100t has the best academy team tho!!! Oh wait… 😔\n\n&gt;&gt;&gt;&gt; 100 Lustboy: Scouter vs Professional BestBuy Buyer\n\n&gt;&gt;&gt;&gt; TSM FTX Curry: Naser, kayys and junglejuice, the holy Trinity of scouting\n\n&gt;&gt;&gt;&gt;&gt; Locodoco: Can\'t forget the OG scoutmaster himself Parth\n\n&gt;&gt;&gt;&gt;&gt; Dlim: I hope Kayys prepped you guys for the nasus ban\n\nAnalyst Desk (Predictions)\n\n&gt; Kaizen/Markz/Emily: #TSMWIN\n\nTSM FTX Report\n\n&gt; [#TSMFTXLCS] - THE BATTLE FOR FIRST IS HERE! Our squad loads into the rift to clash with \n@100T_Esports\n. The last week of the #LCS kicks off NOW! #TSMFTX\n\nLCS Official\n\n&gt; Who will take sole possession of first place? \n@TSM\n and \n@100Thieves\n are in champion select for the opening match of week nine! #LCS #TSMWIN or #100WIN?\n\n\n---\n\n######DURING DRAFT\n\nDoublelift\n\n&gt; DL: Olaf can\'t play the game against Cassiopeia. It\'s a disgusting pick against Olaf.\n\n&gt; DL: Classic team comp for 100. Dive comp that is bruiser heavy. TSM playing their typical control mage kite back comp. TSM always drafts front to back. \n\n\n\n\n\n \n\n---\n\n######DURING GAME \n\n[RUNES/CHAMPS](https://twitter.com/LoLEsportsStats/status/1421232342862020608)\n\nDlim \n\n&gt; TSM\'s botlane winning with this draft is such a go next for 100\n\nLS\n\n&gt; It\'s 6:50 into thee game and tsm are up 1k and 1 drake w/ massive comp edge sooo probably highly unlikely 100Sins manages to win this game #LCS\n\n&gt;&gt; Wickd: Pretty much true. I don\'t see 100T will ever win team fights unless TSM giga ints. It will probably be a boring game where TSM takes every objective, and 100T knows they can\'t fight so they just do nothing and wait to lose.\n\n&gt;&gt;&gt; Wickd (late game): Game isn\'t over, but it\'s going exactly as predicted, and with current tempo 100T will just lose it out slowly as expected. In these kind of games I think you should try to make the game chaotic and messy because you aren\'t going to beat TSM\'s comp in the slow style.\n\n&gt;&gt; Medic: Having seen you predict before, I am putting 100 bitcoin on 100T to win\n\n&gt;&gt;&gt; LS (after game): Based \n\n&gt;&gt;&gt;&gt; Medic: That was my salary man. What will I tell all the little medics when they don\'t get a new xbox for Christmas?\n\n&gt;&gt;&gt;&gt;&gt; Azael: That all their Christmas gift money instead went to twitch primes for LS\n\n\n\nDoublelift w/ Sneaky and Meteos\n\n&gt; Smart of Spica to kite blue towards enemy red side skip a camp to move to enemy\'s red because he knows that Olaf wants to try to 3-buff from TSM\'s red side. Doublelift says he talked to Spica about this.\n\n&gt;&gt; Meteos: Thinks that the kill TSM got @ enemy red was illegal and 100\'s bot lane should\'ve flashed over the wall to assist.\n\n&gt;&gt;&gt; DL: Hard to make decisions in that situation because nobody on 100 was even close to ready for that situation to unfold (Spica being at Red). Actually crazy that Swordart was the first to arrive since the current bot lane match up between Varus/Thresh (100) and Jhin/Leona (TSM) is 100 thieves favored early.\n\n&gt; (~6) Massive support gap this game. Swordart is at the right place at the right time every time.\n\n&gt; DL: Feels like half of Leona\'s E comes out instantly. Really hard to react to. It doesn\'t actually come out from her hitbox but starts out halfway then extends from there.\n\n&gt; (~9 kill on Abbe) Everyone: Actually massive smurf game from Swordart. Meteos: Swordart earning his millions this game.\n\n&gt;&gt; DL: Abbe\'s mindset is that he\'s trying to follow TSM\'s potential bot dive. Wanted to ward the brush but the risk of doing it wasn\'t worth it.\n\n&gt;&gt;&gt; Sneaky/DL: The potential reward is minor vision and the risk is just straight up dying.\n\n&gt; (~16) DL/Meteos: 100 really jumped the gun to try to dive Huni. If they just wait in the brush for Spica to walk in then they just kill Spica instantly. Unlucky Timing since Spica was there to counter the dive.\n\n&gt; (~17) DL: A game like this where it\'s slow and TSM have an early lead is TSM\'s game. 100 likely lose.\n\n&gt; (~18:20) Swordart catches Abbedoggy and takes his flash. Sneaky/Meteos: Spica then dodges the Varus ult by Q/Eing over to gromp at the same time that it hits. Wp\n\n&gt; (~21:40) 100 contesting 4th drag is really "sus". Meteos: 100 walking in just gets "giga-fucking gangbanged". If Olaf approaches a brush, he has to blow ult and cant go back in again. DL: getting in to contest is impossible with their vision.\n\n&gt;&gt; DL: Would\'ve been better for 100 to just notice that Gnar isn\'t ready to Mega and their timing was off so they could send Gnar top to push instead.\n\n&gt; (~26 Spica dodges Varus ult with Rocket belt) Meteos: Talked to Closer on his show(?) and Closer said that the only person that he thinks deserves MVP is Spica. (Spica misses smite on dragon soul right after this tho lol)\n\n&gt; (~32) 100 do a fake attempt at the baron to bring TSM into a fight with Abbe in a good flanking position but Abbe goes in next to Jhin and then completely ignores him. They had to at least attempt that since it wasn\'t going to be a better position for them as the game goes on.\n\n&gt;&gt; Sneaky: Did they really have to do that though? It looked lost but they kind of just gave up with that play.\n\n&gt;&gt;&gt; Meteos: Could\'ve looked for a better play/angle.\n\n&gt;&gt;&gt; DL: Can see why they did it because of desperation but that was them the whole game. The whole game was them making weird desperate plays.\n\nTSM FTX Report (Clips)\n\n&gt; [First Blood Invade](https://twitter.com/tsmreport/status/1421233129281531916)\n\n&gt; [Swordart Catching Abbe](https://twitter.com/tsmreport/status/1421233962379354112)\n\n&gt; \n\n\nActually a lot of talk about the game in this one that I missed since 3 people talking means it\'s pretty non-stop. Here is the link: [Here](https://www.twitch.tv/videos/1103154588)\n\n\n\n---\n\n######POST GAME \n\n\n#TSM FTX\n\n**Huni**\n\n&gt; nothing yet\n\n\n**Spica**\n\n&gt; YO ITS NOT MY FAULT [Baron pic](https://twitter.com/Spicalol/status/1421240872302112768)\n\n&gt;&gt; Azael: Don\'t worry I declared your innocence on broadcast. NOT GUILTY!\n\n&gt;&gt;&gt; Spica: thank you azael\n\n&gt;&gt;&gt;&gt; Azael: Anytime TSM FTX Spica\n\n\n**PowerOfEvil**\n\n&gt; Ggs \n@100Thieves Lets fkn go!!! Rly important win for us and having a strong showing before heading to playoffs is the cherry on top\n \n**Lost**\n\n&gt; nothing yet\n\n**SwordArt**\n\n&gt; nothing yet\n\n**Coach Bjergsen**\n\n&gt; nothing yet\n\nReginald\n\n&gt; nothing yet\n\nKayys\n\n&gt; One more win to lockup first for playoffs; Gg 100 - onto the next one\n\n\nCurry\n\n&gt; GG \n@100Thieves\nComplete scouting gap xD\nWe\'re back in sole possession of first place and scaling right in time for playoffs. LETS GOOOO\n \nTonington\n\n&gt; Thank you \n@tsmdunc\n for blessing the match 🥳 Hopefully the Val squad can close it out to finish the day!\n\nSmak\n\n&gt; What a great start to the weekend. Let’s keep it rolling!\n\n\n\nTSM FTX (Twitter)\n\n&gt; [It was always the power of friendship](https://twitter.com/TSM/status/1421240676486848514)\n\nTSM FTX Report\n\n&gt; FIRST PLACE RECLAIMED! Our #LCS squad DOMINATES the game and starts the last week 1-0! #TSMFTX\n\nDunc\n\n&gt; JUST SIMPLY BETTER. NO QUESTIONS. JUST. BETTER. 1ST PLACE BABY #LCS\n\n&gt; Genuinely, that game wasn’t even remotely close. Minute 0 to end. I’m mega wet now 🥵🥵\n\nHaitham\n\n&gt; nothing yet\n\nGriff\n\n&gt; LCS squad heating up 🥵\n\nParth\n\n&gt; MVP @Spicalol\n\nLogitech G Esports\n\n&gt; \n@TSM\n overtakes 100 Thieves as the first place team in #LCS today with an amazing quadra kill from \n@Huni\n!Will TSM be able to secure their spot in first this weekend? Find out tomorrow at 5pm PT as they face off against CLG! #TSMWIN\n\n\n---\n\n#100\n\nSsumday\n\n&gt; not... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
39974.89, 39201.95, 38152.98, 39747.50, 40869.55, 42816.50, 44555.80, 43798.12, 46365.40, 45585.03
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['Bitcoin , BTC to USD, fell by 1.79% on Saturday. Partially reversing a 5.43% rally from Friday, Bitcoin ended the day at $41,439.0. A mixed start to the day saw Bitcoin rise to an early morning intraday high $42,398.0 before hitting reverse. Falling well short of the first major resistance level at $43,562, Bitcoin fell to a late afternoon intraday low $41,051.0. While steering clear of the first majors support level at $39,605, Bitcoin fell through the 38.2% FIB of $41,592. Steering clear of sub-$41,000 levels, Bitcoin briefly broke back through the 38.2% FIB of $41,592 before a late slide back to sub-$41,500 levels. The near-term bullish trend remained intact, supported by the latest return to $42,000 levels. For the bears, Bitcoin would need a sustained fall through the 62% FIB of $27,237 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was a mixed day on Saturday. Bitcoin Cash SV fell by 1.60% to lead the way down, with Litecoin (-0.81%) and Ripple’s XRP (-0.89%) also joining Bitcoin in the red. It was a bullish day for the rest of the majors, however. Polkadot and Crypto.com Coin rallied by 8.05% and by 5.10% respectively to lead the way. Binance Coin (+3.12%), Chainlink (+1.92%), and Ethereum (+2.84%) also found strong support. Cardano’s ADA (+0.71%) trailed the front runners, however. In the current the week, the crypto total market fell to a Monday low $1,379bn before rising to a Saturday high $1,646bn. At the time of writing, the total market cap stood at $1,605bn. Bitcoin’s dominance fell to a Monday low 47.07% before rising to a Saturday high 49.18%. At the time of writing, Bitcoin’s dominance stood at 48.29%. This Morning At the time of writing, Bitcoin was down by 0.78% to $41,115.0. A mixed start to the day saw Bitcoin rise to an early morning high $41,468.9 before falling to a low $41,105.0. Bitcoin left the major support and resistance levels untested early on. Elsewhere, it was a mixed start to the day. Story continues Crypto.com Coin was up by 1.02% at the start of the day to buck the trend. It was a bearish start for the rest of the majors, however. At the time of writing, Ripple’s XRP was down by 0.40% to lead the way down. For the Bitcoin Day Ahead Bitcoin would need to move through the 38.2% FIB of $41,592 and the $41,629 pivot to bring the first major resistance level at $42,208 into play. Support from the broader market would be needed for Bitcoin to break back through to $42,000 levels. Barring a broad-based crypto rally, the first major resistance level and Saturday’s high $42,398.0 would likely cap any upside. In the event of an extended crypto rally, Bitcoin could test resistance at $43,500 before any pullback. The second major resistance level sits at $42,976. Failure to move through the 38.2% FIB and the $41,629 pivot would bring the first major support level at $40,861 into play. Barring an extended sell-off on the day, Bitcoin should steer clear of sub-$40,000 levels. The second major support level at $40,282 should limit the downside. This article was originally posted on FX Empire More From FXEMPIRE: European Equities: A Month in Review – July 2021 Price of Gold Fundamental Daily Forecast – Sideways to Lower As Rangebound Trade Resumes U.S Mortgage Rates Rise but Remain Well Below the 3% Mark Crude Oil Weekly Price Forecast – Crude Oil Continus to See Upward Pressure Gold Weekly Price Forecast – Gold Continues Same Pattern of Consolidation AMC Chief Gives Individual Investors Louder Voice, Addresses Share Count', 'Bitcoin, BTC to USD, fell by 1.79% on Saturday. Partially reversing a 5.43% rally from Friday, Bitcoin ended the day at $41,439.0.\nA mixed start to the day saw Bitcoin rise to an early morning intraday high $42,398.0 before hitting reverse.\nFalling well short of the first major resistance level at $43,562, Bitcoin fell to a late afternoon intraday low $41,051.0.\nWhile steering clear of the first majors support level at $39,605, Bitcoin fell through the 38.2% FIB of $41,592.\nSteering clear of sub-$41,000 levels, Bitcoin briefly broke back through the 38.2% FIB of $41,592 before a late slide back to sub-$41,500 levels.\nThe near-term bullish trend remained intact, supported by the latest return to $42,000 levels. For the bears, Bitcoin would need a sustained fall through the 62% FIB of $27,237 to form a near-term bearish trend.\nAcross the rest of the majors, it was a mixed day on Saturday.\nBitcoin Cash SVfell by 1.60% to lead the way down, withLitecoin(-0.81%) andRipple’s XRP(-0.89%) also joining Bitcoin in the red.\nIt was a bullish day for the rest of the majors, however.\nPolkadot andCrypto.com Coinrallied by 8.05% and by 5.10% respectively to lead the way.\nBinance Coin(+3.12%),Chainlink(+1.92%), andEthereum(+2.84%) also found strong support.\nCardano’s ADA(+0.71%) trailed the front runners, however.\nIn the current the week, the crypto total market fell to a Monday low $1,379bn before rising to a Saturday high $1,646bn. At the time of writing, the total market cap stood at $1,605bn.\nBitcoin’s dominance fell to a Monday low 47.07% before rising to a Saturday high 49.18%. At the time of writing, Bitcoin’s dominance stood at 48.29%.\nAt the time of writing, Bitcoin was down by 0.78% to $41,115.0. A mixed start to the day saw Bitcoin rise to an early morning high $41,468.9 before falling to a low $41,105.0.\nBitcoin left the major support and resistance levels untested early on.\nElsewhere, it was a mixed start to the day.\nCrypto.com Coin was up by 1.02% at the start of the day to buck the trend.\nIt was a bearish start for the rest of the majors, however.\nAt the time of writing, Ripple’s XRP was down by 0.40% to lead the way down.\nBitcoin would need to move through the 38.2% FIB of $41,592 and the $41,629 pivot to bring the first major resistance level at $42,208 into play.\nSupport from the broader market would be needed for Bitcoin to break back through to $42,000 levels.\nBarring a broad-based crypto rally, the first major resistance level and Saturday’s high $42,398.0 would likely cap any upside.\nIn the event of an extended crypto rally, Bitcoin could test resistance at $43,500 before any pullback. The second major resistance level sits at $42,976.\nFailure to move through the 38.2% FIB and the $41,629 pivot would bring the first major support level at $40,861 into play.\nBarring an extended sell-off on the day, Bitcoin should steer clear of sub-$40,000 levels. The second major support level at $40,282 should limit the downside.\nThisarticlewas originally posted on FX Empire\n• European Equities: A Month in Review – July 2021\n• Price of Gold Fundamental Daily Forecast – Sideways to Lower As Rangebound Trade Resumes\n• U.S Mortgage Rates Rise but Remain Well Below the 3% Mark\n• Crude Oil Weekly Price Forecast – Crude Oil Continus to See Upward Pressure\n• Gold Weekly Price Forecast – Gold Continues Same Pattern of Consolidation\n• AMC Chief Gives Individual Investors Louder Voice, Addresses Share Count', 'Rupert Murdoch has made a further shift away from the news publishing business on which his empire was built with a $1.2bn (£830m) takeover in the less sensational market for oil price data.\nNews Corp has agreed to pay the sum in cash to acquire the Oil Price Information Service (OPIS) from its owners S&P Global and IHS Markit.The pair put the business up for sale to help clear competition hurdles in their own $44bn merger.\nThe acquisition is the largest by the publisher of the Sun since it was split from Mr Murdoch’s television business Fox, in 2013, in the wake of the phone hacking scandal. Last year News Corp lost out to the German media giant Bertelsmann in an auction of the book publisher Simon & Schuster for more than $2bn.\nThe takeover of OPIS will account for about half the cash on News Corp’s balance sheet. Much of the war chest is derived from a $2.7bn “dowry” handed to the company on its split from the more lucrative Murdoch television business.\nNews Corp said it plans to integrate OPIS into Dow Jones, the publishing and data business behind the Wall Street Journal.\nMedia sources said that the deal could help lay the groundwork for a sale or break-up of Dow Jones, which Mr Murdoch acquired for $5bn in 2007. News Corp has been bolstering its market data and tools, recently adding Investor’s Business Daily for $275m. The manoeuvres have stoked speculation that a bigger move is in the works.\nMr Murdoch is now 90 years old and runs News Corp alongside his eldest son Lachlan who is widely expected to radically reshape the business in the coming years. In June, it wrote down the value of the Sun titles to nil after they made a pre-tax loss of £202m.\nThat is all from us today - here are some of our top stories:\n• Threat of soaring inflation rises as 150,000 job losses loom\n• Reese Witherspoon\'s production company valued at $900m in Blackstone deal\n• Founders of Klarna rival become billionaires in $29bn takeover\n• SNP under pressure to trial four-day week for Scottish civil servants\n• The fiery problem threatening electric cars\nThank you for following along!\nWall Street has given up earlier gains as worries about the Delta variant and a slowing US economy overshadowed optimism around more fiscal stimulus and a strong second-quarter earnings season.\nFresh data showed that although US manufacturing grew in July, its pace slowed for a second straight month as spending rotated back to services from goods, and shortages of raw materials persisted.\nBy early afternoon in New York, the S&P 500 was up a slighter 0.1pc, having closed in on record highs earlier in the morning. The Dow Jones was up by the same percentageand Nasdaq was in the green by 0.4pc.\nSeparately in the US, a nonpartisan research arm of the US Congress - the Joint Committee on Taxation - projected the tax provisions of the infrastructure bill would increase America\'s revenue by $51bn over the next 10 years.\nStrikes planned o **Last 60 Days of Bitcoin's Closing Prices:** [37575.18, 39208.77, 36894.41, 35551.96, 35862.38, 33560.71, 33472.63, 37345.12, 36702.60, 37334.40, 35552.52, 39097.86, 40218.48, 40406.27, 38347.06, 38053.50, 35787.25, 35615.87, 35698.30, 31676.69, 32505.66, 33723.03, 34662.44, 31637.78, 32186.28, 34649.64, 34434.34, 35867.78, 35040.84, 33572.12, 33897.05, 34668.55, 35287.78, 33746.00, 34235.20, 33855.33, 32877.37, 33798.01, 33520.52, 34240.19, 33155.85, 32702.03, 32822.35, 31780.73, 31421.54, 31533.07, 31796.81, 30817.83, 29807.35, 32110.69, 32313.11, 33581.55, 34292.45, 35350.19, 37337.54, 39406.94, 39995.91, 40008.42, 42235.55, 41626.20] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2021-08-01 **Financial & Commodity Data:** - Gold Closing Price: $1812.60 - Crude Oil Closing Price: $73.95 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $796,429,835,438 - Hash Rate: 110975800.79118258 - Transaction Count: 185157.0 - Unique Addresses: 474430.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.60 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Retail traders have been howling ever since Tuesday’s blog post by Coinbase saying traders on its Pro platform can begin trading dogecoin as early as Thursday, depending on “liquidity” conditions. Dogecoin was trading at 41 cents at the time of writing, representing a 32% gain in the last 24 hours. So what does the listing mean for the meme cryptocurrency? We asked several analysts, fund managers and competing exchanges for their take on how the markets will receive a new market letting customers have a bite of dogecoin. Edward Moya, Oanda Related: Market Wrap: Bitcoin in Repair Mode as Traders Head to Miami; Dogecoin Gains “People are still going to be cautious long term, but this debut will eventually have some ability to attract traditional investors and not just the Robinhood/Reddit army,”  said Edward Moya, senior market analyst at Oanda. “There’s certainly momentum behind this move,” said Moya. After Elon Musk’s appearance on “Saturday Night Live,” the meme cryptocurrency’s momentum slowed and went quiet. People were moving on to ether , safemoon and other altcoins, according to Moya. Now, what was once seen as an “embarrassing trend” for technical traders could now be breaking above this, he said. Related: &#8216;Silliness Is Next to Godliness&#8217;: Why Doge Still Thrives Kraken, the cryptocurrency exchange, said it processed more than $6.5 billion worth of DOGE in April, and in May over $9 billion. Although the meme cryptocurrency has gained support from Tesla CEO Elon Musk and billionaire entrepreneur Mark Cuban, for the cryptocurrency to take off it needs a use case argument according to Moya. “There’s got to be some kind of innovation,” he said. Steve Ehrlich, Voyager Voyager, a U.S. crypto trading app that supports retail trading for dogecoin, has seen “significant appreciation and trading activity,” for the cryptocurrency on its platform today. Story continues “We’ve had consistent net buyers on dogecoin which indicates the general bullishness around it as it gains popularity across all demographics,” said Voyager’s CEO Steve Ehrlich in an interview with CoinDesk. Coinbase wrote in its blog post about the listing that unlike bitcoin , “which is designed to be scarce, dogecoin is intentionally abundant — 10,000 new coins are mined every minute and there is no maximum supply.” James Butterfill , CoinShares James Butterfill, investment Strategist at CoinShares, said that when speaking to his clients, who are institutional investors, they are wary of investing in dogecoin due to its lack of fundamentals. “When you invest in any digital asset, you have to look at the fundamentals behind it, with dogecoin there’s a lack of these,” he said. Katie Stockton , Fairlead Strategies From a technical perspective, Katie Stockton, founder and managing partner of Fairlead Strategies, said she sees this move creating a “perception of validity.” “What we are seeing right now is a short-term oversold bounce,” she said. Stockton said dogecoin has gained short-term momentum, but sees limits to further upside. Related Stories Dogecoin Cheers Coinbase Listing as Bitcoin’s Range Play Continues Coinbase Lists Dogecoin on Professional Trading Platform... - Reddit Posts (Sample): [['u/sokino12', 'Waiting for a pull-back.... what are your next entry points? (supports / resistance)', 23, '2021-08-01 00:07', 'https://www.reddit.com/r/hashgraph/comments/ovg2zs/waiting_for_a_pullback_what_are_your_next_entry/', "Hi everyone, I have been waiting for one more pull-back under $0,2. And I am getting sooo anxious that I don't have enough and it keeps going up as BTC goes up :D Don't get me wrong I am happy about it!!! \n\n\nWhat are the entry points you plan to buy once again? :)", 'https://www.reddit.com/r/hashgraph/comments/ovg2zs/waiting_for_a_pullback_what_are_your_next_entry/', 'ovg2zs', [['u/Party-Independent296', 10, '2021-08-01 00:07', 'https://www.reddit.com/r/hashgraph/comments/ovg2zs/waiting_for_a_pullback_what_are_your_next_entry/h78yhjl/', "I'm out of fiat, all in.", 'ovg2zs'], ['u/Astronaviz', 14, '2021-08-01 00:25', 'https://www.reddit.com/r/hashgraph/comments/ovg2zs/waiting_for_a_pullback_what_are_your_next_entry/h790h0g/', 'man I wish i could! my goal is 50k.. at 18k so far', 'ovg2zs'], ['u/noemata1', 15, '2021-08-01 01:11', 'https://www.reddit.com/r/hashgraph/comments/ovg2zs/waiting_for_a_pullback_what_are_your_next_entry/h795rz1/', 'What are your long-term expectations? If you expect HBAR to hit $100 in ten years, does it really matter if you buy at $0.16 or $0.35 or $0.82? Trust the project and think long-term.', 'ovg2zs'], ['u/deachhh', 11, '2021-08-01 02:24', 'https://www.reddit.com/r/hashgraph/comments/ovg2zs/waiting_for_a_pullback_what_are_your_next_entry/h79dx5v/', 'Still matters! With entry points this low, that’s a reasonable percentage difference!', 'ovg2zs'], ['u/TidoLeroy', 10, '2021-08-01 03:27', 'https://www.reddit.com/r/hashgraph/comments/ovg2zs/waiting_for_a_pullback_what_are_your_next_entry/h79kpxg/', "This is how I feel. I was dca on the waily up to 0.4 and then we hit that drop so I've been dca the whole time it's low.\n\nI agree that at some point it 0.2 and 0.4 will be peanuts. People will be complaining they didn't get in at a dollar or 2.\n\nIm gonna just keep dca until 50$\n\nMight take a few years, but that's what I'm looking at. I'm not here for instant gains. Or pump and dumps. I'm in this for the long haul.\n\nPeople talk about how many coins will be in circulation, cuz yeah its a lot, BUT looking at projects and potential use cases I don't think that's going to matter. Especially once we hook CBDCs. The recent news about a bond market has me hyped af. There's too much potential here.\n\nI mean, I don't see Google or IBM working with dogecoin. I fucking hate the doge hype so god damn much, however seeing a shit ass coin with 0 use other than its a fucking dog being at a higher price point for so long shows me just how undervalued Hedera really is.\n\nHello Future me, thanks for investing for my lambo.", 'ovg2zs']]], ['u/Always_Question', "Janet Yellen's Treasury Department is Behind The Sneaky Insertion of Anti-Crypto Language Into the Infrastructure Bill", 1167, '2021-08-01 00:46', 'https://www.reddit.com/r/ethereum/comments/ovgpzu/janet_yellens_treasury_department_is_behind_the/', "Congressman Warren Davidson alleges that [the U.S. treasury department is responsible](https://bitcoinmagazine.com/business/warren-davidson-cryptocurrency-infrastructure-tax-bill) for attempting to tuck in anti-crypto language at the 11th hour into the infrastructure bill. It looks like Janet Yellen has picked up where Mnuchin left off in terms of sneaky insertion of anti-crypto policy at the last minute, and other furtive behavior. They know that they can't win in fair and open democratic processes where input from industry stakeholders and individuals are respected and taken into account. So instead, they go for the ol' covert trick: quick and sly insertion into a must-pass bill. All Americans, whether crypto supporters or not, should find this kind of perversion of democracy reprehensible.\n\nNow is the time to reject these tactics, and persuade our local representatives that what Treasury is trying to do is at best misguided, and at worst anti-democratic. Here are some great points that you could share with your local rep in an email or voice mail:\n\n[https://twitter.com/jchervinsky/status/1421150352443912195](https://twitter.com/jchervinsky/status/1421150352443912195)\n\nFind your House Rep: [https://www.house.gov/representatives/find-your-representative](https://www.house.gov/representatives/find-your-representative)\n\nFind your Senator: [https://senate.gov/senators/senators-contact.htm](https://t.co/zHugKZK7jj?amp=1)\n\nWe came together on the Mnuchin fight and we won. We can win this one as well if we all do our part.", 'https://www.reddit.com/r/ethereum/comments/ovgpzu/janet_yellens_treasury_department_is_behind_the/', 'ovgpzu', [['u/Altruistic_Ad_1193', 25, '2021-08-01 01:05', 'https://www.reddit.com/r/ethereum/comments/ovgpzu/janet_yellens_treasury_department_is_behind_the/h7951cn/', "I'm a Canadian but want to help. How can I?", 'ovgpzu'], ['u/Enschede2', 30, '2021-08-01 01:45', 'https://www.reddit.com/r/ethereum/comments/ovgpzu/janet_yellens_treasury_department_is_behind_the/h799izh/', "But instead speak positively about the rightists like trump who called bitcoin a scam? Maybe a better idea would be to stop splitting everything up into just 2 groups, to make clearer to yourselves which individuals exactly you're voting for", 'ovgpzu'], ['u/TheNewHegemon', 17, '2021-08-01 01:47', 'https://www.reddit.com/r/ethereum/comments/ovgpzu/janet_yellens_treasury_department_is_behind_the/h799tci/', 'This is embarrassing.', 'ovgpzu'], ['u/Huckabuoy', 11, '2021-08-01 02:00', 'https://www.reddit.com/r/ethereum/comments/ovgpzu/janet_yellens_treasury_department_is_behind_the/h79b5mw/', 'What’s the language? Your the only one reporting this. Must be sneaky for real. Please elaborate', 'ovgpzu'], ['u/Always_Question', 17, '2021-08-01 02:08', 'https://www.reddit.com/r/ethereum/comments/ovgpzu/janet_yellens_treasury_department_is_behind_the/h79c2v7/', "It's all over crypto twitter. I'm not the only one. lol\n\ne.g.\n\nhttps://twitter.com/jchervinsky/status/1421150352443912195", 'ovgpzu'], ['u/Accurate-View-2114', 92, '2021-08-01 02:08', 'https://www.reddit.com/r/ethereum/comments/ovgpzu/janet_yellens_treasury_department_is_behind_the/h79c4wh/', 'Fuck the Treasury department and all the clowns in it.', 'ovgpzu'], ['u/JRhod3sie', 11, '2021-08-01 02:11', 'https://www.reddit.com/r/ethereum/comments/ovgpzu/janet_yellens_treasury_department_is_behind_the/h79cdr8/', 'It’s such bull shit that they can do this.', 'ovgpzu'], ['u/shermski4', 312, '2021-08-01 02:12', 'https://www.reddit.com/r/ethereum/comments/ovgpzu/janet_yellens_treasury_department_is_behind_the/h79ckbg/', 'I wish everyone knew this was the norm with any bill, not just the urgent ones. There needs to be a larger revolt about the pattern of this bullshit and not just when it pertains to a certain interest.', 'ovgpzu'], ['u/Hanzburger', 14, '2021-08-01 02:15', 'https://www.reddit.com/r/ethereum/comments/ovgpzu/janet_yellens_treasury_department_is_behind_the/h79cw3f/', "FYI Biden is a corporate loyalist and even though he's a Democrat, he's firmly center at the very least.", 'ovgpzu'], ['u/Hanzburger', 55, '2021-08-01 02:18', 'https://www.reddit.com/r/ethereum/comments/ovgpzu/janet_yellens_treasury_department_is_behind_the/h79d649/', 'Fuck the ~~Treasury department~~ government and all the clowns in it.', 'ovgpzu'], ['u/imagoodusername', 15, '2021-08-01 02:19', 'https://www.reddit.com/r/ethereum/comments/ovgpzu/janet_yellens_treasury_department_is_behind_the/h79db5i/', 'Or realize that Biden and Trump are both rightists and that the left hasn’t had meaningful influence in this country since LBJ', 'ovgpzu'], ['u/daftwordhero', 54, '2021-08-01 02:32', 'https://www.reddit.com/r/ethereum/comments/ovgpzu/janet_yellens_treasury_department_is_behind_the/h79est3/', 'For those in the USA computer code is a form of free speech.', 'ovgpzu'], ['u/one-man-circlejerk', 17, '2021-08-01 02:52', 'https://www.reddit.com/r/ethereum/comments/ovgpzu/janet_yellens_treasury_department_is_behind_the/h79gxjr/', "The linked article doesn't say it either, and the linked tweet says something about KYC? Anyone got any actual information about this?\n\nFrom what I can see it's something about [mandating exchanges report transactions](https://www.politico.com/news/2021/07/30/cryptocurrency-fears-tax-hit-infrastructure-501885) for tax purposes, seems like that would only hit people who were not intending on paying tax on their gains?\n\nAm I missing something?", 'ovgpzu'], ['u/yenachar', 61, '2021-08-01 03:02', 'https://www.reddit.com/r/ethereum/comments/ovgpzu/janet_yellens_treasury_department_is_behind_the/h79i0pa/', "Sounds reasonable. But let's start with this one!", 'ovgpzu'], ['u/Canadian-idiot89', 16, '2021-08-01 03:16', 'https://www.reddit.com/r/ethereum/comments/ovgpzu/janet_yellens_treasury_department_is_behind_the/h79jksl/', 'I wish I was American so I could snap shit at some representative. Either way I wish you guys the best, go get em!', 'ovgpzu'], ['u/yenachar', 17, '2021-08-01 03:19', 'https://www.reddit.com/r/ethereum/comments/ovgpzu/janet_yellens_treasury_department_is_behind_the/h79jxlu/', '1) Your encouragement alone is golden.\n\n2) Please advocate for wholesome, moral, forward-looking crypto rules in Canada.', 'ovgpzu'], ['u/Always_Question', 22, '2021-08-01 03:22', 'https://www.reddit.com/r/ethereum/comments/ovgpzu/janet_yellens_treasury_department_is_behind_the/h79k62o/', 'The issue is that the language is so broad as to require even individuals (such as software developers, miners, stakers, LPs, etc.) to be caught within the definition of "broker," and then it basically imposes burdensome reporting requirements on everyone--reporting requirements that are usually reserved for full-fledged brokerage firms with dedicated compliance departments.', 'ovgpzu'], ['u/ItsAConspiracy', 11, '2021-08-01 04:29', 'https://www.reddit.com/r... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
39201.95, 38152.98, 39747.50, 40869.55, 42816.50, 44555.80, 43798.12, 46365.40, 45585.03, 45593.64
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['Bitcoin, BTC to USD, slid by 3.80% on Sunday. Following a 1.79% decline on Saturday, Bitcoin ended the week up by 12.57% to $39,867.0.\nA mixed start to the day saw Bitcoin rise to an early morning intraday high $42,532.0 before hitting reverse.\nBitcoin broke through the first major resistance level at $42,208 before sliding to a late intraday low $39,493.0.\nThe extended sell off saw Bitcoin fall through the first major support level at $40,811 and the second major support level at $40,282.\nBitcoin also fell through the 38.2% FIB of $41,592 to end the day at sub-$40,000.\nThe near-term bullish trend remained intact, supported by the latest return to $42,000 levels. For the bears, Bitcoin would need a sustained fall through the 62% FIB of $27,237 to form a near-term bearish trend.\nAcross the rest of the majors, it was a mixed day on Sunday.\nChainlink(-2.65%),Litecoin(-2.89%) andRipple’s XRP(-2.83%) led the way down, withCardano’s ADA(-0.43%) also joining Bitcoin in the red.\nIt was a bullish day for the rest of the majors, however.\nPolkadot led the way once more, surging by 14.20%.\nBitcoin Cash SV(+0.15%),Crypto.com Coin(+0.16%), andEthereum(+0.86%) also found support.\nBinance Coinended the day flat.\nIt was a bullish week for the majors, however.\nChainlink surged by 31.86% to lead the way.\nCrypto.com Coin (+12.68%), Ethereum (+16.53%), Polkadot (+18.94%), and Ripple’s XRP (+19.54%) also found strong support.\nBinance Coin (+9.82%), Bitcoin Cash SV (+4.70%), Cardano’s ADA (+6.92%), and Litecoin (+9.81%) trailed the front runners, however.\nIn the week, the crypto total market fell to a Monday low $1,379bn before rising to a Sunday high $1,686bn. At the time of writing, the total market cap stood at $1,587bn.\nBitcoin’s dominance fell to a Monday low 47.07% before rising to a Saturday high 49.18%. At the time of writing, Bitcoin’s dominance stood at 47.33%.\nAt the time of writing, Bitcoin was up by 0.45% to $40,046.0. A mixed start to the day saw Bitcoin fall to an early morning low $49,781.0 before rising to a high $40.075.0.\nBitcoin left the major support and resistance levels untested early on.\nElsewhere, it was a mixed start to the day.\nCrypto.com Coin was down by 3.36% early on to buck the trend.\nIt was a bullish start for the rest of the majors, however.\nAt the time of writing, Ethereum was up by 0.70% to lead the way.\nBitcoin would need to move through the $40,631 pivot to bring the 38.2% FIB of $41,592 and the first major resistance level at $41,768 into play.\nSupport from the broader market would be needed for Bitcoin to break out from $41,500 levels.\nBarring a broad-based crypto rally, the first major resistance level and resistance at $42,000 would likely cap any upside.\nIn the event of an extended crypto rally, Bitcoin could test resistance at $43,500 before any pullback. The second major resistance level sits at $43,700.\nFailure to move through the $40,631 pivot would bring the first major support level at $38,729 into play.\nBarring another extended sell-off on the day, Bitcoin should steer clear of the second major support level at $37,592.\nThisarticlewas originally posted on FX Empire\n• The Week Ahead – Economic Data, Monetary Policy, and COVID-19 in Focus\n• All Eyes on NFP as Fed Won’t Make a Move on Policy without Substantial Labor Market Growth\n• The Crypto Daily – Movers and Shakers – August 1st, 2021\n• Economic Data Puts the EUR, the Pound, and the Greenback in Focus\n• ‘Follow the Money’: Major Players Betting on Vaccinations to Keep Global Economy Afloat\n• Price of Gold Fundamental Weekly Forecast – Choppy Moves Ahead with Traders Eyeing Inflation, US Jobs Growth', 'Bitcoin , BTC to USD, slid by 3.80% on Sunday. Following a 1.79% decline on Saturday, Bitcoin ended the week up by 12.57% to $39,867.0. A mixed start to the day saw Bitcoin rise to an early morning intraday high $42,532.0 before hitting reverse. Bitcoin broke through the first major resistance level at $42,208 before sliding to a late intraday low $39,493.0. The extended sell off saw Bitcoin fall through the first major support level at $40,811 and the second major support level at $40,282. Bitcoin also fell through the 38.2% FIB of $41,592 to end the day at sub-$40,000. The near-term bullish trend remained intact, supported by the latest return to $42,000 levels. For the bears, Bitcoin would need a sustained fall through the 62% FIB of $27,237 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was a mixed day on Sunday. Chainlink (-2.65%), Litecoin (-2.89%) and Ripple’s XRP (-2.83%) led the way down, with Cardano’s ADA (-0.43%) also joining Bitcoin in the red. It was a bullish day for the rest of the majors, however. Polkadot led the way once more, surging by 14.20%. Bitcoin Cash SV (+0.15%), Crypto.com Coin (+0.16%), and Ethereum (+0.86%) also found support. Binance Coin ended the day flat. It was a bullish week for the majors, however. Chainlink surged by 31.86% to lead the way. Crypto.com Coin (+12.68%), Ethereum (+16.53%), Polkadot (+18.94%), and Ripple’s XRP (+19.54%) also found strong support. Binance Coin (+9.82%), Bitcoin Cash SV (+4.70%), Cardano’s ADA (+6.92%), and Litecoin (+9.81%) trailed the front runners, however. In the week, the crypto total market fell to a Monday low $1,379bn before rising to a Sunday high $1,686bn. At the time of writing, the total market cap stood at $1,587bn. Bitcoin’s dominance fell to a Monday low 47.07% before rising to a Saturday high 49.18%. At the time of writing, Bitcoin’s dominance stood at 47.33%. This Morning At the time of writing, Bitcoin was up by 0.45% to $40,046.0. A mixed start to the day saw Bitcoin fall to an early morning low $49,781.0 before rising to a high $40.075.0. Story continues Bitcoin left the major support and resistance levels untested early on. Elsewhere, it was a mixed start to the day. Crypto.com Coin was down by 3.36% early on to buck the trend. It was a bullish start for the rest of the majors, however. At the time of writing, Ethereum was up by 0.70% to lead the way. For the Bitcoin Day Ahead Bitcoin would need to move through the $40,631 pivot to bring the 38.2% FIB of $41,592 and the first major resistance level at $41,768 into play. Support from the broader market would be needed for Bitcoin to break out from $41,500 levels. Barring a broad-based crypto rally, the first major resistance level and resistance at $42,000 would likely cap any upside. In the event of an extended crypto rally, Bitcoin could test resistance at $43,500 before any pullback. The second major resistance level sits at $43,700. Failure to move through the $40,631 pivot would bring the first major support level at $38,729 into play. Barring another extended sell-off on the day, Bitcoin should steer clear of the second major support level at $37,592. This article was originally posted on FX Empire More From FXEMPIRE: The Week Ahead – Economic Data, Monetary Policy, and COVID-19 in Focus All Eyes on NFP as Fed Won’t Make a Move on Policy without Substantial Labor Market Growth The Crypto Daily – Movers and Shakers – August 1st, 2021 Economic Data Puts the EUR, the Pound, and the Greenback in Focus ‘Follow the Money’: Major Players Betting on Vaccinations to Keep Global Economy Afloat Price of Gold Fundamental Weekly Forecast – Choppy Moves Ahead with Traders Eyeing Inflation, US Jobs Growth', '(Bloomberg) -- Matrixport, the crypto-finance venture led by Bitmain Technologies Ltd.\x92s billionaire founder Wu Jihan, has raised fresh capital from investors including DST Global and Tiger Global, ramping up its pre-money valuation to $1 billion in two years since its inception. The Series C funding round was led by DST Global, C Ventures and K3 Ventures with other participants including Qiming Venture Partners and existing backers like IDG Capital and Dragonfly Capital, the firm said in a statement Monday. The Singapore-based startup has raised over $100 million in the round with a second tranche to come, Chief Executive Officer Ge Yuesheng said in an interview. \x93Crypto banking is still a fast-growing niche when compared to wallets and exchanges,\x94 said Ge. \x93Our clients are mainly high net-worth individuals in crypto who have a wide range of expectations of risk and return.\x94 Matrixport belongs to a group of fledgling startups trying to bring a familiar Wall Street formula to the crypto world. It offers crypto financial services from custody to trading and structured products to institutional and retail customers. As of March this year, it held over $10 billion of client assets under management and custody, the firm said. The company aims to go public in three to five years to offer investors an exit, Ge said on Monday. It also aims to have hundreds of billions of dollars in assets under management and custody within five years. Wu spun Matrixport off from Bitmain in 2019, after the world\x92s largest maker of Bitcoin mining rigs ran into a cash crunch. In January, he resigned as chairman and chief executive officer of the company he co-created seven years ago, ending a years-long power struggle with his co-founder Micree Zhan. Wu now serves as chairman of Matrixport, with Ge, his former Bitmain ally, as the CEO. The duo has a majority stake in the firm, Ge said. The startup took in $7 million to $8 million in revenue for 2019 and expected that to more than double in 2020, it told investors when pitching a funding round last year. Ge said the firm is profitable, without disclosing financial numbers. Story continues More stories like this are available on bloomberg.com Subscribe now to stay ahead with the most trusted business news source. ©2021 Bloomberg L.P.', '(Bloomberg) -- Matrixport, the crypto-finance venture led by Bitmain Technologies Ltd.’s billionaire founder Wu Jihan, has raised fresh capital from investors including DST Global and Tiger Global, ramping up its pre-money valuation to $1 billion in two **Last 60 Days of Bitcoin's Closing Prices:** [39208.77, 36894.41, 35551.96, 35862.38, 33560.71, 33472.63, 37345.12, 36702.60, 37334.40, 35552.52, 39097.86, 40218.48, 40406.27, 38347.06, 38053.50, 35787.25, 35615.87, 35698.30, 31676.69, 32505.66, 33723.03, 34662.44, 31637.78, 32186.28, 34649.64, 34434.34, 35867.78, 35040.84, 33572.12, 33897.05, 34668.55, 35287.78, 33746.00, 34235.20, 33855.33, 32877.37, 33798.01, 33520.52, 34240.19, 33155.85, 32702.03, 32822.35, 31780.73, 31421.54, 31533.07, 31796.81, 30817.83, 29807.35, 32110.69, 32313.11, 33581.55, 34292.45, 35350.19, 37337.54, 39406.94, 39995.91, 40008.42, 42235.55, 41626.20, 39974.89] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2021-08-02 **Financial & Commodity Data:** - Gold Closing Price: $1818.10 - Crude Oil Closing Price: $71.26 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $750,814,334,494 - Hash Rate: 103048957.87752669 - Transaction Count: 239277.0 - Unique Addresses: 583866.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.48 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: One of the world’s leading cryptocurrency exchanges has listed Fantom as the blockchain platform and it’s native token continues to grow its footprint across the globe. Gemini is the first US exchange to list FTM, allowing millions of blockchain enthusiasts from the US to buy and trade Fantom. New York, NY, June 16, 2021 (GLOBE NEWSWIRE) -- Fantom is a blockchain platform that is leading the world in terms of speed, price and energy efficiency compared to some of the world’s largest cryptocurrencies, raising the eyebrows of industry leaders across the sector. Fantom sees thousands of users utilising the platform daily for a variety of purposes, including information security and crypto-currency transactions, including those with Fantom’s native token $FTM. With this new listing , Fantom’s adoption is expected to grow further as the US market plays a key role in cryptocurrency adoption. The platform offers the ability for transactions to be completed within one second at a fraction of the cost of comparable platforms. Fantom is also focused on scalability, as well as utilising a secure smart-contract platform, specially designed to overcome the limitations of previous generation blockchain platforms. The platform is also fully EVM compatible, giving developers the ability to deploy smart contracts just like on other platforms such as Ethereum. All of these factors have led to Fantom drawing the attention of Gemini - the world's leading crypto currency exchange. Gemini allows customers to buy, sell and store digital assets, and is highly reputable and trusted by both small and larger scale crypto traders. The platform has now listed Fantom, opening up the token to a whole new world of investors who otherwise haven’t yet made the call to invest. Being a US-based exchange, Fantom’s listing on the platform now opens up the opportunity for investment by US-based crypto enthusiasts and large-scale investors alike, both of which now have much easier accessibility to the token. Story continues The US is a financial powerhouse when it comes to cryptocurrency, with a recent survey showing more than 6 per cent of Americans have financial interests in crypto. That puts the US behind only China when it comes to cryptocurrency investment, which needless to say, opens up a world of opportunity for Fantom. And investment in Fantom is paying off for those who’ve made the call to get in on the action. Since the beginning of 2021, Fantom’s native token has seen some of the most significant growth of any new cryptocurrency. The platform sees an average of around 500,000 transactions every day - a substantial jump on the average of 10-15,000 transactions per day seen at the beginning of April. Last month, Fantom officially hit a total of ten million transactions, a far cry from the platform’s total of 3 million transaction milestones reached only weeks prior to that. And as it currently sits, Fantom is holding up well compared to other cryptocurrencies such as Bitcoin, which experienced a major dip in recent weeks. As well as developing further relationships with those in the crypto world, Fantom is also seeing success in utilising it’s platform for other purposes, including partnering with governments across the globe. Earlier this year Fantom signed agreements and memorandums of understanding with the governments and associated departments of the nations of Tajikistan, Pakistan, and Afghanistan. These various agreements will see Fantom used for a variety of purposes from managing data at a Pakistani prison to implementing a blockchain platform to oversee an upgrade of the Afghani qualifications authority. Fantom also continues to develop relationships with independent developers, having given grants to SpiritSwap and SpookySwap in recent weeks as a thank-you for ongoing support. ZooCoin and HyperJump also received grants from the company. Media Contact: Simone Pomposi Fantom Foundation [email protected] https://fantom.foundation... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
38152.98, 39747.50, 40869.55, 42816.50, 44555.80, 43798.12, 46365.40, 45585.03, 45593.64, 44428.29
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['Payments behemoth Paypal has decided to hire more than 100 crypto experts as the company prepares to expand its crypto services. According to job postings on the company’s website, there is least 102 job openings connected to cryptocurrency and blockchain that include crypto-focused roles in compliance, anti-money laundering and business development for its Irish offices as well in the U.S., Israel, Singapore, Hong Kong, and Guatemala City regarding Paypal’s online money transfer service, Xoom. The positions range from crypto engineering managers, program managers, strategy managers, and blockchain AML analytics managers, to investigators, operations managers, crypto investigations specialists, crypto tax reporting managers, and crypto legal directors. Topping all expectations Paypal CEO Dan Schulman recently confirmed the company will “continue to be pleased with the momentum it is seeing on crypto” and that it will be “adding incremental functionality into that”. The company also announced it is developing a new wallet dubbed “super app,” open banking integration, U.K. expansion, and third-party wallet transfers. Its crypto business topped projections in its first six months of operations. Superfast growth of digital assets such as Bitcoin and Ethereum were accompanied by a massive price surge that pushed the overall cryptocurrency market to a $2.6 trillion valuation. PayPal launched its crypto and blockchain business unit earlier this year to support its raid of cryptocurrencies, which initially began in October 2020 after it allowed customers in the United States to buy Bitcoin (BTC), Ether (ETH), Bitcoin Cash (BCH) and Litecoin (LTC). In March this year, the company expanded its offering by allowing U.S. customers to pay for goods and services using crypto. In May, the company enabled its users to withdraw their cryptocurrencies to third-party wallets. For more news, guides and cryptocurrency analysis, click here . View comments', 'Payments behemoth Paypal has decided to hire more than 100 crypto experts as the company prepares to expand its crypto services. According to job postings on the company’s website, there is least 102 job openings connected to cryptocurrency and blockchain that include crypto-focused roles in compliance, anti-money laundering and business development for its Irish offices as well in the U.S., Israel, Singapore, Hong Kong, and Guatemala City regarding Paypal’s online money transfer service, Xoom. The positions range from crypto engineering managers, program managers, strategy managers, and blockchain AML analytics managers, to investigators, operations managers, crypto investigations specialists, crypto tax reporting managers, and crypto legal directors. Topping all expectations Paypal CEO Dan Schulman recently confirmed the company will “continue to be pleased with the momentum it is seeing on crypto” and that it will be “adding incremental functionality into that”. The company also announced it is developing a new wallet dubbed “super app,” open banking integration, U.K. expansion, and third-party wallet transfers. Its crypto business topped projections in its first six months of operations. Superfast growth of digital assets such as Bitcoin and Ethereum were accompanied by a massive price surge that pushed the overall cryptocurrency market to a $2.6 trillion valuation. PayPal launched its crypto and blockchain business unit earlier this year to support its raid of cryptocurrencies, which initially began in October 2020 after it allowed customers in the United States to buy Bitcoin (BTC), Ether (ETH), Bitcoin Cash (BCH) and Litecoin (LTC). In March this year, the company expanded its offering by allowing U.S. customers to pay for goods and services using crypto. In May, the company enabled its users to withdraw their cryptocurrencies to third-party wallets. For more news, guides and cryptocurrency analysis, click here . View comments', 'Bitcoin , BTC to USD, fell by 1.81% on Monday. Following a 3.80% slide from Sunday, Bitcoin ended the day at $39,149.5. A mixed start to the day saw Bitcoin rise to a mid-morning intraday high $40,449.0 before hitting reverse. Falling short of the first major resistance level at $41,768, Bitcoin fell to a late intraday low $38,716.0. Finding support at the first major support level at $38,729, however, Bitcoin moved back through to $39,000 levels to reduce the deficit. The near-term bullish trend remained intact, supported by the latest return to $42,000 levels. For the bears, Bitcoin would need a sustained fall through the 62% FIB of $27,237 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was a mixed day on Monday. Binance Coin (-0.63%), Cardano’s ADA (-0.44%), Crypto.com Coin (-1.75%), and Polkadot (-0.53%) joined Bitcoin in the red. It was a bullish day for the rest of the majors, however. Chainlink rallied by 6.20% to lead the way. Bitcoin Cash SV (+2.14%), Ethereum (+2.04%), and Ripple’s XRP (+2.16%) also found strong support. Litecoin (+0.75%) trailed the front runners, however Early in the week, the crypto total market fell to a Monday low $1,555bn before rising to a Monday high $1,611bn. At the time of writing, the total market cap stood at $1,567bn. Bitcoin’s dominance rose to a Monday high 47.49% before falling to a Monday low 46.61%. At the time of writing, Bitcoin’s dominance stood at 46.65%. This Morning At the time of writing, Bitcoin was down by 0.68% to $38,885.0. A mixed start to the day saw Bitcoin rise to an early morning high $39,189.9 before falling to a low $38,780.0. Bitcoin left the major support and resistance levels untested early on. Elsewhere, it was a mixed start to the day. Polkadot was up by 0.43% early on to buck the trend. It was a bearish start for the rest of the majors, however. At the time of writing, Crypto.com Coin was down by 2.01% to lead the way down. For the Bitcoin Day Ahead Bitcoin would need to move through the $39,438 pivot to bring the first major resistance level at $40,160 into play. Story continues Support from the broader market would be needed for Bitcoin to break back through to $40,000 levels. Barring a broad-based crypto rally, the first major resistance level and Monday’s high $40,449.0 would likely cap any upside. In the event of an extended crypto rally, Bitcoin could test resistance at the 38.2% FIB of $41,592 before any pullback. The second major resistance level sits at $41,171. Failure to move through the $39,438 pivot would bring the first major support level at $38,427 into play. Barring another extended sell-off on the day, Bitcoin should steer clear of the second major support level at $37,795. This article was originally posted on FX Empire More From FXEMPIRE: USD/CAD Exchange Rate Prediction – The USD/CAD Rallies on Manufacturing Survey Miss Economic Data Puts the Loonie and the Greenback in Focus, with the RBA also in Action USD/CAD Daily Forecast – Test Of Resistance At 1.2500 The Crypto Daily – Movers and Shakers – August 2nd, 2021 Dogecoin – Daily Tech Analysis – August 3rd, 2021 S&P 500 Price Forecast – Stock Markets Continue to Reach Towards Highs', 'Bitcoin, BTC to USD, fell by 1.81% on Monday. Following a 3.80% slide from Sunday, Bitcoin ended the day at $39,149.5.\nA mixed start to the day saw Bitcoin rise to a mid-morning intraday high $40,449.0 before hitting reverse.\nFalling short of the first major resistance level at $41,768, Bitcoin fell to a late intraday low $38,716.0.\nFinding support at the first major support level at $38,729, however, Bitcoin moved back through to $39,000 levels to reduce the deficit.\nThe near-term bullish trend remained intact, supported by the latest return to $42,000 levels. For the bears, Bitcoin would need a sustained fall through the 62% FIB of $27,237 to form a near-term bearish trend.\nAcross the rest of the majors, it was a mixed day on Monday.\nBinance Coin(-0.63%),Cardano’s ADA(-0.44%),Crypto.com Coin(-1.75%), and Polkadot (-0.53%) joined Bitcoin in the red.\nIt was a bullish day for the rest of the majors, however.\nChainlinkrallied by 6.20% to lead the way.\nBitcoin Cash SV(+2.14%),Ethereum(+2.04%), andRipple’s XRP(+2.16%) also found strong support.\nLitecoin(+0.75%) trailed the front runners, however\nEarly in the week, the crypto total market fell to a Monday low $1,555bn before rising to a Monday high $1,611bn. At the time of writing, the total market cap stood at $1,567bn.\nBitcoin’s dominance rose to a Monday high 47.49% before falling to a Monday low 46.61%. At the time of writing, Bitcoin’s dominance stood at 46.65%.\nAt the time of writing, Bitcoin was down by 0.68% to $38,885.0. A mixed start to the day saw Bitcoin rise to an early morning high $39,189.9 before falling to a low $38,780.0.\nBitcoin left the major support and resistance levels untested early on.\nElsewhere, it was a mixed start to the day.\nPolkadot was up by 0.43% early on to buck the trend.\nIt was a bearish start for the rest of the majors, however.\nAt the time of writing, Crypto.com Coin was down by 2.01% to lead the way down.\nBitcoin would need to move through the $39,438 pivot to bring the first major resistance level at $40,160 into play.\nSupport from the broader market would be needed for Bitcoin to break back through to $40,000 levels.\nBarring a broad-based crypto rally, the first major resistance level and Monday’s high $40,449.0 would likely cap any upside.\nIn the event of an extended crypto rally, Bitcoin could test resistance at the 38.2% FIB of $41,592 before any pullback. The second major resistance level sits at $41,171.\nFailure to move through the $39,438 pivot would bring the first major support level at $38,427 into play.\nBarring another extended sell-off on the day, Bitcoin should steer clear of the second major support level at $37,795.\nThisarticlewas originally posted on FX Empire\n• USD/CAD Exchange Rate Prediction – The USD/CAD Rallies on Manufacturing Survey Miss\n• Economic **Last 60 Days of Bitcoin's Closing Prices:** [36894.41, 35551.96, 35862.38, 33560.71, 33472.63, 37345.12, 36702.60, 37334.40, 35552.52, 39097.86, 40218.48, 40406.27, 38347.06, 38053.50, 35787.25, 35615.87, 35698.30, 31676.69, 32505.66, 33723.03, 34662.44, 31637.78, 32186.28, 34649.64, 34434.34, 35867.78, 35040.84, 33572.12, 33897.05, 34668.55, 35287.78, 33746.00, 34235.20, 33855.33, 32877.37, 33798.01, 33520.52, 34240.19, 33155.85, 32702.03, 32822.35, 31780.73, 31421.54, 31533.07, 31796.81, 30817.83, 29807.35, 32110.69, 32313.11, 33581.55, 34292.45, 35350.19, 37337.54, 39406.94, 39995.91, 40008.42, 42235.55, 41626.20, 39974.89, 39201.95] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2021-08-03 **Financial & Commodity Data:** - Gold Closing Price: $1810.10 - Crude Oil Closing Price: $70.56 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $721,896,091,162 - Hash Rate: 121785132.03707698 - Transaction Count: 246198.0 - Unique Addresses: 593856.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.48 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Wealthy investors look to be making a comeback into thebitcoinmarket, a blockchain metric that warned of a price drop in early May shows. • The number of coins held by whale entities – clusters of addresses controlled by a single network participant holding 1,000 to 10,000 BTC – rose by over 80,000 to 4.216 million BTC on Friday, hitting the highest level since May. • The tally remained largely unchanged on Saturday, according to data provided by Glassnode. • The number of whale entities has also jumped to a three-week high of 1,922. • The renewed accumulation by whale entities is good news for the market, as these wealthy investors played a significant role in powering bitcoin higher from $10,000 to nearly $60,000 during the five months to February 2021. • The balance held by whale entities rose in tandem with the price during the bull run, hitting a record high of 4.542 million on Feb. 8. • Whales became sellers in the subsequent months, taking the wind out of the bull run, and by early May, their bitcoin stash had dropped by 8% to 4.17 million BTC. • Bitcoin mostly remained coiled in the range of $50,000 to $60,000 during that period, barring a brief spike to a record high of $64,801 in mid-April. • The price action highlighted the inability of smaller investors to do the heavy lifting andsignaledthe potential for a notable price correction. Bitcoin fell by 35% in May, hitting lows near $30,000, and dipped further to $29,031 in June, per CoinDesk 20 data. • The latest uptick in the whale balance suggests the bottom may have been reached. • The cryptocurrency is trading near $35,500 at press time, representing a 2.3% gain on the day. • UBS Says Regulatory Crackdown Could Pop ‘Bubble-Like Crypto Markets’: Report • Brazil’s Bitcoin Banco Group and Leader Arrested for Alleged Embezzlement of $300M in Crypto • Bitcoin.org Hit With DDoS Attack, Bitcoin Demanded as Ransom • Bitcoin Stock-to-Flow Model, Rooted in ‘Hard Money’ Narrative, Goes Off Course... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
39747.50, 40869.55, 42816.50, 44555.80, 43798.12, 46365.40, 45585.03, 45593.64, 44428.29, 47793.32
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['Cryptocurrency exchange FTX has inked a multi-year deal with Riot Games for rights to display its branding during a seasonal tournament of the popular game League of Legends. The seven-year deal means FTX will have its logo displayed prominently during The League Championship Series (LCS) \x96 North America\x92s pre-eminent tournament for the game. Riot Games said it was the largest sponsorship agreement it has signed for an esports league to date. The amount was undisclosed. Beginning this weekend, branding will appear during the tournament near the gold advantage resource counter as well as on the bottom left-hand side of the screen. Player net worth, total team gold, and gold graphs will also feature FTX branding next to those in-game stats. Additionally, FTX will directly sponsor the LCS\x92s \x93Most Improved Player Award.\x94 In June, FTX acquired the naming rights for esports team TSM in a $210 million deal . TSM began as a League of Legends website and playing guide resource in 2009. League of Legends had over 120 million active monthly users in each of the past four months, making it one of the world\x92s most popular games, data show . Related Stories Former CFTC Attorney Ryne Miller Joins FTX.US as General Counsel Gaming as a Tool of Economic Empowerment $100K in Bitcoin Up for Grabs as FTX\x92s MLB Team-Up Advances US Derivatives Traders Are Easily Bypassing Blocks on Offshore Exchanges: Report', 'Cryptocurrency exchange FTX has inked a multi-year deal with Riot Games for rights to display its branding during a seasonal tournament of the popular game League of Legends.\n• The seven-year deal means FTX will have its logo displayed prominently during The League Championship Series (LCS) – North America’s pre-eminent tournament for the game.\n• Riot Games said it was the largest sponsorship agreement it has signed for an esports league to date. The amount was undisclosed.\n• Beginning this weekend, branding will appear during the tournament near the gold advantage resource counter as well as on the bottom left-hand side of the screen.\n• Player net worth, total team gold, and gold graphs will also feature FTX branding next to those in-game stats.\n• Additionally, FTX will directly sponsor the LCS’s “Most Improved Player Award.”\n• In June, FTX acquired the naming rights for esports team TSM in a$210 million deal. TSM began as a League of Legends website and playing guide resource in 2009.\n• League of Legends had over 120 million active monthly users in each of the past four months, making it one of the world’s most popular games,data show.\n• Former CFTC Attorney Ryne Miller Joins FTX.US as General Counsel\n• Gaming as a Tool of Economic Empowerment\n• $100K in Bitcoin Up for Grabs as FTX’s MLB Team-Up Advances\n• US Derivatives Traders Are Easily Bypassing Blocks on Offshore Exchanges: Report', 'Cryptocurrency Bitcoin SV suffered a 51% attack Tuesday morning, according to an analyst from the crypto intelligence firm Coin Metrics. The attack is continuing into Wednesday, according to another security expert. The attack was still underway as of 7:30 UTC on Wednesday, said Kim Nilsson , a bitcoin security expert known for his investigation into the Mt. Gox attack . The reorgs are continuing and “by now I’ve lost track of all the various chain tips,” Nilsson told CoinDesk via Telegram. Coin Metrics corroborated Nuzzi’s report later on Tuesday, tweeting that its blockchain security monitoring tool FARUM saw a 14-block reorg of the network. According to Nilsson, the first reorg on Tuesday was about 100 blocks deep. Nikita Zhavoronkov, the lead developer at Blockchain analytics platform Blockchair, agreed in a tweet , adding that it wiped 570,000 transactions. Coin Metrics said late on Tuesday that the attack had ended, but that there was still confusion between mining pools. Pools are mining on “completely different” block heights at the moment, Nuzzi told CoinDesk in a message late on Tuesday. A 51% attack occurs when malicious miners take control of more than 50% of a proof-of-work blockchain. The attackers can take advantage of block reorganization, a feature meant to clear up incidences when two miners have mined the same block. Broadly speaking, when two versions of the same blocks are mined, the system defaults to the longest chain. By mining faster than the honest miners during a 51% attack, the assailants can create a longer chain so that the system will render the honest miners’ blocks invalid. The Bitcoin Association recommended that node operators invalidate the fraudulent chain. This mitigation strategy has “further split the network as different nodes now disagree on the current chain tip,” Nilsson said. Bitcoin SV, which was born through a hard fork of Bitcoin Cash, suffered four attacks in July. There is no “clear indication” of the attacker’s identity, and Coin Metrics is still looking into the attacker’s chain for “traces of double spends targeting exchanges,” Nuzzi said. Major BSV mining pools are still struggling to align on the same blockchain, he said. The BSV hashrate fell by almost 50% from Monday to Tuesday, according to Bitinfocharts . But Nuzzi said that due to the confusion after the reorg, it’s hard to estimate how much the hashrate has dropped. Attacks on BSV and similar cryptocurrencies are “cheap and straightforward to perform” because they use the same algorithm as Bitcoin but are not protected by a large hashrate, Nilsson said. Story continues UPDATE (AUG. 4, 04:00 UTC): Added quote from Lucas Nuzzi and information on hashrate and block reorgs. CORRECTION (AUG. 4, 4:00 UTC ) : The block reorg was 14 blocks, according to CoinMetrics. Related: Bitcoin News Roundup for August 3, 2021 UPDATE (AUG. 4, 07:00 UTC): Added quotes and analysis from Kim Nilsson, as well as screenshots from Blockchair and WhatsOnChain.com . Related Stories Bitcoin Logs Biggest Weekly Price Gain in 3 Months as Illiquid Supply Hits Record High Justin Sun Joins Research Project at Communist Party School NFTs Are Coming to India’s Flourishing Art Market View comments', 'Cryptocurrency Bitcoin SV suffered a 51% attack Tuesday morning, according to an analyst from the crypto intelligence firm Coin Metrics. The attack is continuing into Wednesday, according to another security expert.\n• The attack was still underway as of 7:30 UTC on Wednesday, saidKim Nilsson, a bitcoin security expert known for his investigation into theMt. Gox attack.\n• Thereorgsare continuing and “by now I’ve lost track of all the various chain tips,” Nilsson told CoinDesk via Telegram.\n• Coin Metrics corroborated Nuzzi’s report later on Tuesday,tweetingthat its blockchain security monitoring tool FARUM saw a 14-block reorg of the network.\n• According to Nilsson, the first reorg on Tuesday was about 100 blocks deep. Nikita Zhavoronkov, the lead developer at Blockchain analytics platform Blockchair, agreed in atweet, adding that it wiped 570,000 transactions.\n• Coin Metrics said late on Tuesday that the attack had ended, but that there was still confusion between mining pools. Pools are mining on “completely different” block heights at the moment, Nuzzi told CoinDesk in a message late on Tuesday.\n• A 51% attack occurs when malicious miners take control of more than 50% of aproof-of-workblockchain. The attackers can take advantage of block reorganization, a feature meant to clear up incidences when two miners have mined the same block.\n• Broadly speaking, when two versions of the same blocks are mined, the system defaults to the longest chain. By mining faster than the honest miners during a 51% attack, the assailants can create a longer chain so that the system will render the honest miners’ blocks invalid.\n• The Bitcoin Associationrecommendedthat node operators invalidate the fraudulent chain.\n• This mitigation strategy has “further split the network as different nodes now disagree on the current chain tip,” Nilsson said.\n• Bitcoin SV, which was born through a hard fork of Bitcoin Cash,sufferedfour attacks in July.\n• There is no “clear indication” of the attacker’s identity, and Coin Metrics is still looking into the attacker’s chain for “traces of double spends targeting exchanges,” Nuzzi said.\n• Major BSV mining pools are still struggling to align on the same blockchain, he said.\n• The BSV hashrate fell by almost 50% from Monday to Tuesday, according toBitinfocharts. But Nuzzi said that due to the confusion after the reorg, it’s hard to estimate how much the hashrate has dropped.\n• Attacks on BSV and similar cryptocurrencies are “cheap and straightforward to perform” because they use the same algorithm as Bitcoin but are not protected by a large hashrate, Nilsson said.\nUPDATE (AUG. 4, 04:00 UTC):Added quote from Lucas Nuzzi and information on hashrate and block reorgs.\nCORRECTION (AUG. 4, 4:00 UTC): The block reorg was 14 blocks, according to CoinMetrics.\nRelated:Bitcoin News Roundup for August 3, 2021\nUPDATE (AUG. 4, 07:00 UTC):Added quotes and analysis from Kim Nilsson, as well as screenshots from Blockchair and WhatsOnChain.com.\n• Bitcoin Logs Biggest Weekly Price Gain in 3 Months as Illiquid Supply Hits Record High\n• Justin Sun Joins Research Project at Communist Party School\n• NFTs Are Coming to India’s Flourishing Art Market', 'U.S. Sen. Rob Portman (R.-Ohio) is defending a controversial crypto provision slipped into the $1 trillion\xa0infrastructure bill\xa0that’s being debated in the Senate. The provision seeks to raise $28 billion in taxes from crypto businesses by applying new information reporting requirements to exchanges and potentially other types of crypto services. Portman argues his “ common sense ” provision will provide more clarity and legitimacy for the crypto industry by standardizing information reporting by brokers to the Internal Revenue Service. Related: Crypto Tax Proposal in US Has Had Limited Impact on Bitcoin Market The controversy centers around the definition of the term “broker” **Last 60 Days of Bitcoin's Closing Prices:** [35551.96, 35862.38, 33560.71, 33472.63, 37345.12, 36702.60, 37334.40, 35552.52, 39097.86, 40218.48, 40406.27, 38347.06, 38053.50, 35787.25, 35615.87, 35698.30, 31676.69, 32505.66, 33723.03, 34662.44, 31637.78, 32186.28, 34649.64, 34434.34, 35867.78, 35040.84, 33572.12, 33897.05, 34668.55, 35287.78, 33746.00, 34235.20, 33855.33, 32877.37, 33798.01, 33520.52, 34240.19, 33155.85, 32702.03, 32822.35, 31780.73, 31421.54, 31533.07, 31796.81, 30817.83, 29807.35, 32110.69, 32313.11, 33581.55, 34292.45, 35350.19, 37337.54, 39406.94, 39995.91, 40008.42, 42235.55, 41626.20, 39974.89, 39201.95, 38152.98] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2021-08-04 **Financial & Commodity Data:** - Gold Closing Price: $1810.50 - Crude Oil Closing Price: $68.15 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $710,124,732,188 - Hash Rate: 98004603.29610927 - Transaction Count: 239596.0 - Unique Addresses: 587149.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.42 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Tesla ( TSLA ) released Q2 earnings and revenues last week that beat analysts' expectations. The EV pioneer reported a record $1.1 billion in net income on $12 billion revenues. Still, Wall Street wasn't that impressed, with the company's shares rising slightly following the release of the report. (See Tesla stock charts on TipRanks) Apparently, investors are concerned with several factors that may slow Tesla's feverish share price growth soon, such as a high valuation, competition from "colonizers," a large China and bitcoin exposure, as well as rising material costs. High Valuation Wall Street is an efficient market, discounting good news and bad news on listed companies. As a result, shares are run-up ahead of good news and sold-off ahead of bad news. Sometimes, Mr. Market—to use Benjamin Graham's terminology—is too optimistic, sending the shares of listed companies well above their fundamental or intrinsic value. Other times, Mr. Market is too pessimistic, sending shares of listed companies well below their intrinsic value. Tesla's shares are overvalued by many standards. TipRanks, for instance, estimates Tesla's 12-month-trailing return on equity to be a modest 12.41%, while estimates put Tesla's intrinsic value at $160.11, well below its current price level. Competition from Colonizers Once, Tesla had little competition, as the electric vehicle (EV) market it pioneered had little competition from traditional automakers. However, that's no longer the case, as General Motors ( GM ), Ford ( F ), Volkswagen ( VWAGY ), and Toyota ( TM ) are invading the electric market. (See Electric Vehicle Stock Comparison on TipRanks) These "colonizers" of the EV market have the manufacturing experience, expertise, and distribution networks to scale up EV production and cross the "tipping point" of bringing EVs to the masses. Meanwhile, the entry of new competitors into the EV market could unleash price competition that will erode Tesla's revenue growth and profit margins. That's something Wall Street is watching closely in quarterly financial statements. Story continues China Exposure Tesla vehicles are trendy in China, given the country's pollution problem. That's why the EV pioneer derives close to one-quarter of the company's revenues. At the same time, such a significant exposure on the Chinese market has its challenges, such as competition from Chinese colonizers like Nio ( NIO ), Li Automotive ( LI ), and Xpeng ( XPEV ), all of which have strong government backing. There is also the potential of China's crackdown on high-tech companies in order to catch up with Tesla. Bitcoin Exposure Tesla's CEO Elon Musk has an affinity for bitcoin. That's why he has been investing some of the company's cash in digital currency. As of the end of March, Tesla's $1.5 billion investment was worth $2.48 billion, based on the surge in bitcoin in the first quarter. However, that has its risks, too, given bitcoin's volatility. Adding to bitcoin's volatility are accounting rules that treat the digital currency as an indefinite-lived intangible asset. Thus, it is subject to impairment losses if its fair value decreases below the carrying value during the assessed reporting period. Companies cannot recover impairment losses for any subsequent increase in fair value until the asset's sale. Tesla reported bitcoin-related impairments of $23 million in Q2 as the price of digital currency dived. (See Bitcoin Stock Comparison on TipRanks) Rising Material Costs Together with traditional automobile makers, Tesla faces a severe material shortage due to supply chain disruptions during the COVID-19 pandemic, which is expected to slow down the pace of its feverish growth. "While we're making cars at full speed, the global chip shortage situation remains quite serious," Musk told investors. "For the rest of this year, our growth rates will be determined by the slowest part in our supply chain," adding that there are a wide range of chips that will serve as that brake on growth. Wall Street's Take According to the analyst rating consensus, Tesla is a Moderate Buy, with 11 Buy, 7 Hold, and 4 Sell ratings. The average Tesla price target is $741.76, which implies a 7.9% upside. Summary and Conclusions Tesla's recent earnings report provides plenty of support for the company's bulls. Yet the good news is already factored in the market value of the company's shares and then some. Meanwhile, the EV pioneer will be facing many other challenges from now on: a significant exposure to China and cryptocurrencies, competition from colonizers, and rising material costs. Therefore, value investors might want to wait for a better price-entry point. Disclosure: The author doesn’t own shares of Tesla. Disclaimer: The opinions expressed in this article are solely those of the featured analyst. The content is intended to be used for informational purposes only. It is very important to do your own analysis before making any investment.... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
40869.55, 42816.50, 44555.80, 43798.12, 46365.40, 45585.03, 45593.64, 44428.29, 47793.32, 47096.95
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['This news release constitutes a "designated news release" for the purposes of the Company\'s prospectus supplement dated February 2, 2021 to its short form base shelf prospectus dated January 27, 2021.\nVANCOUVER, BC / ACCESSWIRE / August 4, 2021 /HIVE Blockchain Technologies Ltd. (TSXV:HIVE)(NASDAQ:HVBT)(FSE:HBF) (the "Company" or "HIVE") announces that it has, as requested by HIVE management, been granted a management cease trade order (the "MCTO") by the British Columbia Securities Commission (the "BCSC"). This means that during the MCTO the stock will remain trading while management works diligently to complete the audit of its annual financial statements. The directors and management, including the CEO and CFO, of HIVE will not be able to trade shares during this period. As previously announced on July 29, 2021 the application for the MCTO was made due to a delay in the preparation and filing of its financial statements and accompanying management\'s discussion and analysis for the financial year ended March 31, 2021 (collectively, the "Annual Filings").\nAbout HIVE Blockchain Technologies Ltd.\nHIVE Blockchain Technologies Ltd. went public in 2017 as the first cryptocurrency mining company with a green energy and ESG strategy.\nHIVE is a growth-oriented technology stock in the emergent blockchain industry. As a company whose shares trade on a major stock exchange, we are building a bridge between the digital currency and blockchain sector and traditional capital markets. HIVE owns state-of-the-art, green energy-powered data centre facilities in Canada, Sweden, and Iceland, where we source only green energy to mine on the cloud and HODL both Ethereum and Bitcoin. Since the beginning of 2021, HIVE has held in secure storage the majority of its ETH and BTC coin mining rewards. Our shares provide investors with exposure to the operating margins of digital currency mining, as well as a portfolio of cryptocurrencies such as ETH and BTC. Because HIVE also owns hard assets such as data centers and advanced multi-use servers, we believe our shares offer investors an attractive way to gain exposure to the cryptocurrency space. HIVE traded over 2 billion shares in 2020.\nWe encourage you to visit HIVE\'s YouTube channelhereto learn more about HIVE.\nFor more information and to register to HIVE\'s mailing list, please visitwww.HIVEblockchain.com. Follow@HIVEblockchain on Twitterand subscribe toHIVE\'s YouTube channel.\nOn Behalf of HIVE Blockchain Technologies Ltd.\n"Frank Holmes"Executive Chairman\nFor further information please contact:\nFrank HolmesTel: (604) 664-1078\nNeither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release\nForward-Looking Information\nExcept for the statements of historical fact, this news release contains "forward-looking information" within the meaning of the applicable Canadian securities legislation that is based on expectations, estimates and projections as at the date of this news release. "Forward-looking information" in this news release includes, but is not limited to, statements regarding the timing, review, completion and filing of the Annual Filings, and duration of the MCTO; business goals and objectives of the Company, and other forward-looking information concerning the intentions, plans and future actions of the parties to the transactions described herein and the terms thereon.\nFactors that could cause actual results to differ materially from those described in such forward-looking information include, but are not limited to, the Company may not complete its audit and file the Annual Filings as currently anticipated, or at all; the Company will be subject to a general cease trade order in the event that the Annual Filings are not completed and filed; and other related risks as more fully set out in the registration statement of the Company and other documents disclosed under the Company\'s filings atwww.sec.gov/EDGARandwww.sedar.com.\nThe forward-looking information in this news release reflects the current expectations, assumptions and/or beliefs of the Company based on information currently available to the Company. In connection with the forward-looking information contained in this news release, the Company has made assumptions about the Company\'s ability to complete and file the Annual Filings. The Company has also assumed that no significant events occur outside of the Company\'s normal course of business. Although the Company believes that the assumptions inherent in the forward-looking information are reasonable, forward-looking information is not a guarantee of future performance and accordingly undue reliance should not be put on such information due to the inherent uncertainty therein.\nSOURCE:HIVE Blockchain Technologies Ltd.\nView source version on accesswire.com:https://www.accesswire.com/658492/HIVE-Blockchain-Receives-MCTO', 'This news release constitutes a "designated news release" for the purposes of the Company\'s prospectus supplement dated February 2, 2021 to its short form base shelf prospectus dated January 27, 2021. VANCOUVER, BC / ACCESSWIRE / August 4, 2021 / HIVE Blockchain Technologies Ltd. (TSXV:HIVE)(NASDAQ:HVBT)(FSE:HBF) (the " Company " or " HIVE ") announces that it has, as requested by HIVE management, been granted a management cease trade order (the " MCTO ") by the British Columbia Securities Commission (the " BCSC "). This means that during the MCTO the stock will remain trading while management works diligently to complete the audit of its annual financial statements. The directors and management, including the CEO and CFO, of HIVE will not be able to trade shares during this period. As previously announced on July 29, 2021 the application for the MCTO was made due to a delay in the preparation and filing of its financial statements and accompanying management\'s discussion and analysis for the financial year ended March 31, 2021 (collectively, the "Annual Filings"). About HIVE Blockchain Technologies Ltd. HIVE Blockchain Technologies Ltd. went public in 2017 as the first cryptocurrency mining company with a green energy and ESG strategy. HIVE is a growth-oriented technology stock in the emergent blockchain industry. As a company whose shares trade on a major stock exchange, we are building a bridge between the digital currency and blockchain sector and traditional capital markets. HIVE owns state-of-the-art, green energy-powered data centre facilities in Canada, Sweden, and Iceland, where we source only green energy to mine on the cloud and HODL both Ethereum and Bitcoin. Since the beginning of 2021, HIVE has held in secure storage the majority of its ETH and BTC coin mining rewards. Our shares provide investors with exposure to the operating margins of digital currency mining, as well as a portfolio of cryptocurrencies such as ETH and BTC. Because HIVE also owns hard assets such as data centers and advanced multi-use servers, we believe our shares offer investors an attractive way to gain exposure to the cryptocurrency space. HIVE traded over 2 billion shares in 2020. Story continues We encourage you to visit HIVE\'s YouTube channel here to learn more about HIVE. For more information and to register to HIVE\'s mailing list, please visit www.HIVEblockchain.com . Follow @HIVEblockchain on Twitter and subscribe to HIVE\'s YouTube channel . On Behalf of HIVE Blockchain Technologies Ltd. "Frank Holmes" Executive Chairman For further information please contact: Frank Holmes Tel: (604) 664-1078 Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release Forward-Looking Information Except for the statements of historical fact, this news release contains "forward-looking information" within the meaning of the applicable Canadian securities legislation that is based on expectations, estimates and projections as at the date of this news release. "Forward-looking information" in this news release includes, but is not limited to, statements regarding the timing, review, completion and filing of the Annual Filings, and duration of the MCTO; business goals and objectives of the Company, and other forward-looking information concerning the intentions, plans and future actions of the parties to the transactions described herein and the terms thereon. Factors that could cause actual results to differ materially from those described in such forward-looking information include, but are not limited to, the Company may not complete its audit and file the Annual Filings as currently anticipated, or at all; the Company will be subject to a general cease trade order in the event that the Annual Filings are not completed and filed; and other related risks as more fully set out in the registration statement of the Company and other documents disclosed under the Company\'s filings at www.sec.gov/EDGAR and www.sedar.com . The forward-looking information in this news release reflects the current expectations, assumptions and/or beliefs of the Company based on information currently available to the Company. In connection with the forward-looking information contained in this news release, the Company has made assumptions about the Company\'s ability to complete and file the Annual Filings. The Company has also assumed that no significant events occur outside of the Company\'s normal course of business. Although the Company believes that the assumptions inherent in the forward-looking information are reasonable, forward-looking information is not a guarantee of future performance and accordingly undue reliance should not be put on such information due to the inherent uncertainty therein. SOURCE: HIVE Blockchain Technologies Ltd. View source version on accesswire.com: h **Last 60 Days of Bitcoin's Closing Prices:** [35862.38, 33560.71, 33472.63, 37345.12, 36702.60, 37334.40, 35552.52, 39097.86, 40218.48, 40406.27, 38347.06, 38053.50, 35787.25, 35615.87, 35698.30, 31676.69, 32505.66, 33723.03, 34662.44, 31637.78, 32186.28, 34649.64, 34434.34, 35867.78, 35040.84, 33572.12, 33897.05, 34668.55, 35287.78, 33746.00, 34235.20, 33855.33, 32877.37, 33798.01, 33520.52, 34240.19, 33155.85, 32702.03, 32822.35, 31780.73, 31421.54, 31533.07, 31796.81, 30817.83, 29807.35, 32110.69, 32313.11, 33581.55, 34292.45, 35350.19, 37337.54, 39406.94, 39995.91, 40008.42, 42235.55, 41626.20, 39974.89, 39201.95, 38152.98, 39747.50] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2021-08-05 **Financial & Commodity Data:** - Gold Closing Price: $1805.10 - Crude Oil Closing Price: $69.09 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $732,281,911,650 - Hash Rate: 115299533.28954034 - Transaction Count: 246175.0 - Unique Addresses: 614597.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.50 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: * Euro lower ahead of ECB meeting on Thursday * Traders wait for policy cues before making new bets * Sterling dips after recent run higher * Graphic: World FX rates https://tmsnrt.rs/2RBWI5E By Tommy Wilkes LONDON, June 8 (Reuters) - The U.S. dollar found support on Tuesday as investors prepared for U.S. inflation data due later in the week following weaker-than-expected jobs data, which has eased concerns about early tapering of the Federal Reserve's monetary stimulus. The euro fell, weakened by the dollar's strength and data showing German industrial production numbers declined in April. Currency markets were generally in a holding pattern ahead of Thursday, when the European Central Bank meets and U.S. inflation numbers are published. The dollar has weakened in 2021 but the drop has paused in recent weeks as investors try to make sense of where U.S. monetary policy is headed. "As investors continue to process G7 corporate tax proposals, low volatility remains the name of the game in FX into this week's 'super Thursday' (US CPI and ECB meeting)," ING analysts said in a note. The dollar index rose 0.1% to 90.138 while against the euro the greenback was 0.1% higher at $1.2172. The Federal Reserve also meets next week, giving investors further reason to sit on the sidelines for now. "Worries remain that the Fed may start discussing tapering asset purchases at next week's FOMC meeting," said Philip Wee, an FX strategist at Singapore's DBS Bank. "More so after U.S. Treasury Secretary Janet Yellen's comment that higher U.S. interest rates would be good for the economy," he added. The British pound fell 0.3% to $1.4138 and the Australian dollar eased slightly to $0.7745, even though both stuck in ranges seen over the past couple of months. With recent trading channels tight, implied volatilities on both currencies have dropped to their lowest levels since early 2020, before markets were pummelled by the COVID-19 pandemic. Story continues The Japanese yen dropped as the dollar rose, fetching 109.51 yen per dollar, down 0.2% on the day. Cryptocurrencies dropped but trading was generally calm. Bitcoin eased to a three-week low of $32,418, while ether fell 4% to a one-week low of $2,431.93. (Additional reporting by Hideyuki Sano in Tokyo Editing by Robert Birsel)... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
42816.50, 44555.80, 43798.12, 46365.40, 45585.03, 45593.64, 44428.29, 47793.32, 47096.95, 47047.00
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['This week saw the launch of a research-driven actively managed ETF from a female-led asset manager. And no, we\x92re not talking about Cathie Wood\x92s ARK but rather a firm called SPEAR Invest. The SPEAR Alpha ETF (SPRX) relies heavily on in-house research and analysis to select companies that seem likely to \x93benefit from breakthrough innovation in industrial technology,\x94 according to its prospectus, or that could \x93transform\x94 the industrial sector. SPRX comes with an expense ratio of 0.75% and lists on the Nasdaq stock market. Basically, the fund is looking for disruptive innovation opportunities in the industrial sector, with the categories of focus including environmental focus and decarbonization; manufacturing digitalization; robotics and industrial automation; photonics and additive manufacturing; space exploration; and artificial intelligence. \x93Although SPRX invests in innovative industrial technologies, we believe the real value comes from finding under-the-radar opportunities across the supply chain,\x94 Ivana Delevska, SPEAR Invest\x92s founder and SPRX\x92s manager, said in a press release. Intensive Research \x93The fund is based on a strategy built on primary research in a sector that could have significant and underappreciated tail winds over the next five years,\x94 she added. The referenced primary research includes anything from conversations with management of companies in question to delving into court hearings and accounting issues. SPRX\x92s universe includes about 120 securities that fall under the identified themes. From there, the firm looks at things like competitive positioning, financial performance, management quality and ESG criteria in order to winnow the securities down to a high-conviction portfolio of roughly 25 holdings. At launch, the company\x92s top holdings included Ingersoll Rand (5.13%), General Electric (5.11%) and Nvidia (4.99%). Given that only one stock in SPRX\x92s top 10 holdings appears in the portfolio of the ARK Innovation ETF (ARKK) , the similarities with Cathie Wood\x92s firm seem to be limited largely to a shared focus on disruptive innovation and high-conviction stock selection backed by intensive research. Story continues (Use our stock finder tool to find an ETF\x92s allocation to a certain stock.) Contact Heather Bell at [email protected] Recommended Stories The Future Fund Debuts 1st ETF COVID Biotech ETFs Rise At Fever Pace Hot Reads: Valkyrie Leads Bitcoin ETF Race Robinhood\x92s Lessons For ETF Issuers Permalink | © Copyright 2021 ETF.com. All rights reserved', 'This week saw the launch of a research-driven actively managed ETF from a female-led asset manager. And no, we’re not talking about Cathie Wood’s ARK but rather a firm called SPEAR Invest.\nTheSPEAR Alpha ETF (SPRX)relies heavily on in-house research and analysis to select companies that seem likely to “benefit from breakthrough innovation in industrial technology,” according to its prospectus, or that could “transform” the industrial sector.\nSPRX comes with an expense ratio of 0.75% and lists on the Nasdaq stock market.\nBasically, the fund is looking for disruptive innovation opportunities in the industrial sector, with the categories of focus including environmental focus and decarbonization; manufacturing digitalization; robotics and industrial automation; photonics and additive manufacturing; space exploration; and artificial intelligence.\n“Although SPRX invests in innovative industrial technologies, we believe the real value comes from finding under-the-radar opportunities across the supply chain,” Ivana Delevska, SPEAR Invest’s founder and SPRX’s manager, said in a press release.\nIntensive Research\n“The fund is based on a strategy built on primary research in a sector that could have significant and underappreciated tail winds over the next five years,” she added.\nThe referenced primary research includes anything from conversations with management of companies in question to delving into court hearings and accounting issues.\nSPRX’s universe includes about 120 securities that fall under the identified themes. From there, the firm looks at things like competitive positioning, financial performance, management quality and ESG criteria in order to winnow the securities down to a high-conviction portfolio of roughly 25 holdings.\nAt launch, the company’s top holdings included Ingersoll Rand (5.13%), General Electric (5.11%) and Nvidia (4.99%). Given that only one stock in SPRX’s top 10 holdings appears in the portfolio of theARK Innovation ETF (ARKK), the similarities with Cathie Wood’s firm seem to be limited largely to a shared focus on disruptive innovation and high-conviction stock selection backed by intensive research.\n(Use ourstock finder toolto find an ETF’s allocation to a certain stock.)\nContact Heather Bell [email protected]\nRecommended Stories\n• The Future Fund Debuts 1st ETF\n• COVID Biotech ETFs Rise At Fever Pace\n• Hot Reads: Valkyrie Leads Bitcoin ETF Race\n• Robinhood’s Lessons For ETF Issuers\nPermalink| © Copyright 2021ETF.com.All rights reserved', 'When we at Fortune were discussing the possibility of publishing a crypto-themed issue , there was no doubt about who should design the cover : pplpleasr , the graphic artist whose work has defined the look of the “ decentralized finance ” movement. (She ranked No. 5 on Fortune’s inaugural NFTy 50 list of the industry’s top influencers.) For the August/September 2021 issue , titled “Crypto vs. Wall Street,” pplpleasr depicted the down-the-rabbit-hole world of so-called DeFi in all its playful vitality. Mascots of popular projects—like Uniswap (the unicorn), Aave (ghost), and MetaMask (fox)—are partying on the cover alongside various crypto influencers . An Alice-in-Wonderland -like crypto-portal towers above the legacy financial system, dwarfing silhouettes of banks, skyscrapers, and the iconic stock market bull. It’s a stunning—and statement-making—piece. The message? Crypto is here, whether or not Wall Street is prepared for it. True to her nom de pixel, pplpleasr pleas’d the ppl . Based on the cover’s ecstatic reception, we decided to mint 256 limited editions of pplpleasr’s animated art as non-fungible tokens, or NFTs. The number is a nod to the 256 bits that make up the cryptographic keys associated with cryptocurrencies such as Bitcoin and Ether. The NFTs will sell at a fixed price of 1 Ether (ETH) each, rather than auctioning off a single, one-of-a-kind NFT for a large sum, and thereby giving more people access to the series. In addition to supporting democratization, we believe in the power of open markets, cutting edge tech, and fun—so, as an added perk, we worked with the tech wizards at Manifold on custom smart contracts to enhance the bidding experience for three additional, rarer NFTs. These bonus versions feature more in-depth graphics, and they are programmed to react to a certain list of “buyer” Ethereum addresses. Here’s how it works. If a bid comes from one of the listed buyer’s addresses, the NFT will update to a special edition artwork designed specifically for the target buyer. If a non-targeted buyer out-bids a targeted one, then the NFT reverts to its original artwork. In case you find that confusing, pplpleasr has a lucid video explanation here . Story continues Bottom line: This is a crazy experiment and even we don’t know what’s going to happen. What is clear to us is, however, that decentralization and digitization are profound forces that are fundamentally reshaping the world of business—and beyond. We believe the technology behind NFTs could shift power away from an oligopoly of corporate giants and back into the hands of creators and fans alike. It has the potential to be a great equalizer. If you want to join Fortune for the journey, we are dropping our first-ever NFTs on the marketplace OpenSea on Friday starting at 12 p.m. ET. The auction is set to last through Monday at 12 p.m. ET. You can place a bid, or watch the action, here . (Update: An earlier version of this article said the auction will end at 9 p.m. et. The auction will now end at noon ET on Monday due to the way the smart contracts were set.) At Fortune, home of the Fortune 500 list , we don’t just chronicle big industrial transformations. We live them. Robert Hackett @rhhackett [email protected] This story was originally featured on Fortune.com', 'When we atFortunewere discussing the possibility of publishing acrypto-themed issue, there was no doubt about who should designthe cover:pplpleasr, the graphic artist whose work has defined the look of the “decentralized finance” movement. (She ranked No. 5 on Fortune’s inauguralNFTy 50 listof the industry’s top influencers.)\nFor theAugust/September 2021 issue, titled “Crypto vs. Wall Street,” pplpleasrdepictedthe down-the-rabbit-hole world of so-called DeFi in all its playful vitality. Mascots of popular projects—like Uniswap (the unicorn), Aave (ghost), and MetaMask (fox)—are partying on the cover alongsidevarious crypto influencers. AnAlice-in-Wonderland-like crypto-portal towers above the legacy financial system, dwarfing silhouettes of banks, skyscrapers, and the iconic stock market bull. It’s a stunning—and statement-making—piece.\nThe message? Crypto is here, whether or not Wall Street is prepared for it.\nTrue to her nom de pixel, pplpleasrpleas’d the ppl. Based on the cover’s ecstatic reception, we decided to mint 256 limited editions of pplpleasr’s animated art as non-fungible tokens, or NFTs. The number is a nod to the 256 bits that make up the cryptographic keys associated with cryptocurrencies such as Bitcoin and Ether. The NFTs will sell at a fixed price of 1 Ether (ETH) each, rather than auctioning off a single, one-of-a-kind NFT for a large sum, and thereby giving more people access to the series.\nIn addition to supporting democratization, we believe in the power of open markets, cutting edge tech, and fun—so, as an added perk, we worked wi **Last 60 Days of Bitcoin's Closing Prices:** [33560.71, 33472.63, 37345.12, 36702.60, 37334.40, 35552.52, 39097.86, 40218.48, 40406.27, 38347.06, 38053.50, 35787.25, 35615.87, 35698.30, 31676.69, 32505.66, 33723.03, 34662.44, 31637.78, 32186.28, 34649.64, 34434.34, 35867.78, 35040.84, 33572.12, 33897.05, 34668.55, 35287.78, 33746.00, 34235.20, 33855.33, 32877.37, 33798.01, 33520.52, 34240.19, 33155.85, 32702.03, 32822.35, 31780.73, 31421.54, 31533.07, 31796.81, 30817.83, 29807.35, 32110.69, 32313.11, 33581.55, 34292.45, 35350.19, 37337.54, 39406.94, 39995.91, 40008.42, 42235.55, 41626.20, 39974.89, 39201.95, 38152.98, 39747.50, 40869.55] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2021-08-06 **Financial & Commodity Data:** - Gold Closing Price: $1760.00 - Crude Oil Closing Price: $68.28 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $760,815,836,844 - Hash Rate: 114578911.20648073 - Transaction Count: 260810.0 - Unique Addresses: 636514.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.52 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Bitcoin , BTC to USD, rose by 0.67% on Sunday. Partially reversing a 3.55% fall from Saturday, Bitcoin ended the week up by 0.47% to $35,780.0. A bullish start to the day saw Bitcoin rise to a mid-morning intraday high $36,475.0. Falling short of the first major resistance level at $37,365, Bitcoin fell to a late intraday low $35,218.0. Steering clear of the first major support level at $34,264, Bitcoin found support to end the day at $35,780 levels. The near-term bullish trend remained intact in spite of the fall back through to $35,000 levels. For the bears, Bitcoin would need a sustained fall through the 62% FIB of $27,237 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was a bullish day on Sunday. Ethereum rose by 3.09% to lead the way, with Bitcoin Cash SV (+ 2.37%) and Ripple’s XRP (+2.56%) close behind. Binance Coin (+0.89%), Cardano’s ADA (+1.20%), Chainlink (+1.54%), Crypto.com Coin (-1.15%), Litecoin (+1.91%), Polkadot (+0.89%) saw relatively modest gains on the day. It was also a bullish week ending 6 th June for the majors. Binance Coin rallied by 20.82% to lead the way, with Crypto.com Coin (+10.28%), Ethereum (+13.54%) and Polkadot (+17.59%) also making solid gains. Bitcoin Cash SV (+4.87%), Cardano’s ADA (+6.32%), and Ripple’s XRP (+4.51%) also found relatively strong support. Chainlink (+2.63%) and Litecoin (+3.32%) trailed the front runners, however. In the week, the crypto total market fell to a Monday low $1,449bn before rising to a Thursday high $1,772bn. At the time of writing, the total market cap stood at $1,627bn. Bitcoin’s dominance rose to a Monday high 44.17% before falling to a Sunday low 41.70%. At the time of writing, Bitcoin’s dominance stood at 41.79%. This Morning At the time of writing, Bitcoin was up by 1.48% to $36,308.0. A mixed start to the day saw Bitcoin fall to an early morning low $35,487.0 before rising to a high $36,374,0. Bitcoin left the major support and resistance levels untested early on. Story continues Elsewhere, it was a mixed start to the day. Polkadot was down by 0.50% to buck the trend early on. It was a bullish start for the rest of the majors, however. At the time of writing, Ripple’s XRP was up by 2.40% to lead the way. For the Bitcoin Day Ahead Bitcoin would need to avoid a fall back through the $35,824 pivot to bring the first major resistance level at $36,431 into play. Support from the broader market would be needed for Bitcoin to break back through to $36,400 levels. Barring a broad-based crypto rally, the first major resistance level and Sunday’s high $36,475.0 would likely cap any upside. In the event of an extended crypto rally, Bitcoin could test resistance at $38,000. The second major resistance level sits at $37,081. Failure to avoid a fall back through the $35,824 pivot would bring the first major support level at $35,174 into play. Barring an extended sell-off on the day, Bitcoin should steer clear of sub-$34,000. The second major support level at $34,567 should limit the downside. This article was originally posted on FX Empire More From FXEMPIRE: The Weekly Wrap – U.S Labor Market Data Gyrates the Global Financial Markets The Crypto Daily – Movers and Shakers – June 6th, 2021 European Equities: Economic Data from China and Germany in Focus Natural Gas Price Fundamental Weekly Forecast – Needs Heat, Favorable Storage Report to Fuel Next Rally Is U.S. Steel Rally Coming to an End? Dogecoin – Daily Tech Analysis –June 7th, 2021... - Reddit Posts (Sample): [['u/sixfootsauropod', '"A Little Book of Ace" details', 69, '2021-08-06 00:07', 'https://www.reddit.com/r/Asexual/comments/oyt23q/a_little_book_of_ace_details/', 'I am so excited to say that my book, a Little Book of Ace is published and is on Amazon in both paperback and ebook. Here is the link: [https://www.amazon.com/dp/B09B2F9BLB](https://www.amazon.com/dp/B09B2F9BLB)[?](https://www.amazon.com/Little-Book-Ace-learning-asexuality-ebook/dp/B099WLJBTC/ref=zg_bsnr_171188_1?_encoding=UTF8&amp;psc=1&amp;refRID=H1T5ZA6CMD77D6QY2DJ2) It\'s currently #1 in young adult sexuality new releases :)\n\nWhat you can expect to find within (photos below):\n\n\\- Definitions and terminology\n\n\\- Illustrated concepts and analogies\n\n\\- An alphabetized identity index\n\n\\- Common misconceptions about the ace community\n\n\\- Some powerful quotes from aspec individuals\n\n\\- Journal-styled reflection spaces and personalized identity expression\n\n\\- A resources and representation list\n\nI am ecstatic to have this book out there, and really hope that it is something that can help people. :\') When I came out, there was nothing more I wanted than a book where I could feel fully myself and help explain somewhat complex/new ideas to people in my life. I wrote this for you, and I really hope you enjoy it. &lt;3\n\n&amp;#x200B;\n\n[\\\\"a little book of ace\\\\" cover](https://preview.redd.it/khndg4qn3mf71.jpg?width=2751&amp;format=pjpg&amp;auto=webp&amp;s=4f1a669d7702e46f0e41a64c3fbd126a5974977b)\n\n&amp;#x200B;\n\n[table of contents](https://preview.redd.it/z2pa1pkp3mf71.jpg?width=3024&amp;format=pjpg&amp;auto=webp&amp;s=c3a6c97369bb8780e91dad82dce7574d67f04cc1)\n\n&amp;#x200B;\n\n[back cover](https://preview.redd.it/ma6zapar3mf71.jpg?width=2751&amp;format=pjpg&amp;auto=webp&amp;s=1572ee3c8a5312592017861c8b9885786ba1d4fb)', 'https://www.reddit.com/r/Asexual/comments/oyt23q/a_little_book_of_ace_details/', 'oyt23q', [['u/southpawFA', 14, '2021-08-06 00:13', 'https://www.reddit.com/r/Asexual/comments/oyt23q/a_little_book_of_ace_details/h7v3evq/', "Awesome. I pinned it to the front page. Your book looks amazing. I'm going to go order it.", 'oyt23q'], ['u/sixfootsauropod', 10, '2021-08-06 00:14', 'https://www.reddit.com/r/Asexual/comments/oyt23q/a_little_book_of_ace_details/h7v3hzp/', 'yayyyy you are the best!! &lt;3 thanks so much for the support. I hope that you love it.', 'oyt23q']]], ['u/whatthefuckistime', 'Is DOGE slowly dying? I did some math on this recent run and compared it to BTC and ETH', 19, '2021-08-06 00:19', 'https://www.reddit.com/r/CryptoCurrency/comments/oyt9v7/is_doge_slowly_dying_i_did_some_math_on_this/', 'BTC\'s run from $29482 to $40977 on 6/21 represents a 38,99% increase in just 15 days, ETH in a similar went from $1747 to $2831 in the same timeframe, which is a whooping 62,05% increase.\n\nDOGE, in contrast, went from $0.17048 to $0.2014 which is "only" a 18,14% increase, 46.52% the size of BTC\'s move and only 29,67% of ETH\'s move.\n\nDoes DOGE still have legs to run? Or is this hype finally dying? \n\nOther coins similar to it like SAFEMOON and SHIB are also tanking hard recently, can this be the end?', 'https://www.reddit.com/r/CryptoCurrency/comments/oyt9v7/is_doge_slowly_dying_i_did_some_math_on_this/', 'oyt9v7', [['u/PopDukesBruh', 22, '2021-08-06 00:20', 'https://www.reddit.com/r/CryptoCurrency/comments/oyt9v7/is_doge_slowly_dying_i_did_some_math_on_this/h7v4eg9/', 'I mean Doge is paying for my family’s trip to Disney , and bought me a bunch of Ether I staked. I could see Doge doing a rebound at some point, but I’m not buying more any time soon', 'oyt9v7'], ['u/whatthefuckistime', 11, '2021-08-06 00:23', 'https://www.reddit.com/r/CryptoCurrency/comments/oyt9v7/is_doge_slowly_dying_i_did_some_math_on_this/h7v4r00/', "DOGE gains are the most insane if you bought it more than 6 months ago, but recently it doesn't seem like a good buy, if it ever really was and not just a lucky thing that so much hype went into it hahhah", 'oyt9v7'], ['u/ScroogeMcStonks', 10, '2021-08-06 00:27', 'https://www.reddit.com/r/CryptoCurrency/comments/oyt9v7/is_doge_slowly_dying_i_did_some_math_on_this/h7v5ax6/', 'Till next bullrun sure. Doge will always hold a special place in everyones hearts though', 'oyt9v7']]], ['u/gothamsteel', 'IMPACT Discussion Thread 8/5/2021: The Elite vs Callihan, Kazarian and Edwards', 170, '2021-08-06 01:31', 'https://www.reddit.com/r/SquaredCircle/comments/oyuljk/impact_discussion_thread_852021_the_elite_vs/', "##[How To Watch Impact Live Tonight:](https://twitter.com/IMPACTWRESTLING/status/1423312853855997954?s=19)\n\n\n**`Online`: On the Impact [YouTube channel](https://youtube.com/c/impactwrestling) via YouTube memberships available worldwide, starting at just 99 cents a month! Live airing at 8:30pm EST, commercial free!**\n\n\n**&gt;New episodes of Impact are also uploaded *for free* on Impact Plus, after the first airing! Missed last week's show? Watch it [here.](https://impactwrestling.com/channel/recently-added/video/i-17/)**\n\n\n**`TV`: On AXS TV and Fight Network Every Thursday at 8pm! Replay Showing at 11pm!**\n\n\n- **Behind The Impact, the preshow before Impact, airs at 7pm EST on AXS TV and 7:15pm on [YouTube](https://youtu.be/BTcq61zODEo)**\n\n\n---\n\n\n**Next Impact Plus Special:** \n\n*Emergence from Nashville on Friday, August 20th.*\n\n\n**Next Impact PPV:**\xa0\n\n*Bound for Glory from Las Vegas on Saturday, October 23rd.*\n\n\n**Last Impact Plus Special:**\n\n*Homecoming, now up for replay on [Impact Plus](https://impactwrestling.com/channel/homecoming-2021/video/homecoming2021-1mp4/) and [YouTube](https://youtu.be/EkFCBv2tK3E) for Ultimate Insiders*\n\n\n\n---\n\n\n**Support the Impact Wrestling community on Reddit by Subscribing and Contributing to /r/IMPACTWRESTLING. Positive and negative discussion welcome! Just be cool and constructive.**\n\n\n\n---\n\n\n\n**Scheduled Match Card for tonight's Impact from the Skyway Studios in Nashville, TN**\n\n\n- **BTI: Crazzy Steve, flanked by his brethren in Decay, will take on the charismatic Fallah Bahh, with No Way by his side!**\n\n\n- **Chris Bey takes on Juice Robinson from Finjuice, with Jay White and David Finlay in their respective corners!**\n\n\n- **Fire N Flava will take on Jordynne Grace and Rachael Ellering, as the teams look to get back in title contention!**\n\n\n- **A four way number one contenders match for the X-Division, as we have Jake Something, Rohit Raju, Trey Miguel and Daviari!**\n\n\n- **In a huge six man main event, The Elite of Kenny Omega and The Good Brothers will face Eddie Edwards, Frankie Kazarian and Sami Callihan!**\n\n\n**[And much more!](https://twitter.com/IMPACTWRESTLING/status/1422708865959796737?s=19)**\n\n\n---\n\n\n**News and Notes:**\n\n\n-*[Impact will feature talent at the NJPW Resurgence event Aug 14th, including The Good Brothers vs Jon Moxley and a mystery partner, as well as Moose vs New Japan Brawler Tomohiro Ishii!](https://twitter.com/IMPACTWRESTLING/status/1422995805342949380?s=19)*\n\n\n-*[The Good Brothers will defend the Impact Tag Team Championships on AEW Dynamite, August 11th, against the Dark Order team of Evil Uno and Stu Grayson](https://twitter.com/ScottDAmore/status/1423112193843867649?s=19)*\n\n\n---\n\n\n**Official Links and Social Media**\n\n\n- **[Impact Wrestling's Official Website](http://www.impactwrestling.com/)**\n\n- **[Impact Wrestling's Official Roster](https://impactwrestling.com/wrestlers/)**\n\n- **[Impact Wrestling's Official Twitter](https://twitter.com/IMPACTWRESTLING)**\n\n- **[Impact Wrestling's YouTube Channel](http://www.youtube.com/user/TNAwrestling)**\n\n- **[Impact Wrestling's Twitch Channel](https://www.twitch.tv/impactwrestling)**\n\n- **[Impact Wrestling's eBay Store](https://www.ebay.com/str/impactwrestling)**\n\n\n\n---\n\n\nTwo Ways to Enjoy Current and Past Impact events:\n\n\nImpact Plus, which features current and past episodes from Impact, along with PPVs, compilations and special LIVE monthly events. Visit **[Impact Plus](https://impactplus.tv/)** for On-Demand Wrestling content from Impact's past, as well as exclusive events, Indies like Smash, Alpha 1, Laraito Pro, and Championship Wrestling from Hollywood, Classic pro wrestling, and original Impact content!\n\n\nImpact Insiders on YouTube. Insiders start at just 99 cents a month, giving you access to the weekly Impact episodes while they air, as well as badges and exclusive chats with Impact talent. The Ultimate tier, at $4.99 a month, gives access to monthly specials, PPV replays after 30 days, the TNA/Impact PPV archive, and exclusive shows.", 'https://www.reddit.com/r/SquaredCircle/comments/oyuljk/impact_discussion_thread_852021_the_elite_vs/', 'oyuljk', [['u/TomorrowWeKillToday', 10, '2021-08-06 01:36', 'https://www.reddit.com/r/SquaredCircle/comments/oyuljk/impact_discussion_thread_852021_the_elite_vs/h7ve1qa/', 'No more Twitch = I’m done with Impact. Just as I was starting to get into it. What a stupid fucking move', 'oyuljk'], ['u/fellongreydaze', 24, '2021-08-06 01:52', 'https://www.reddit.com/r/SquaredCircle/comments/oyuljk/impact_discussion_thread_852021_the_elite_vs/h7vg1ar/', 'Whoaaaaa YouTube is going to be **30 minutes** behind AXS? \n \nI might have to dip out of this live thread.', 'oyuljk'], ['u/NineteenAD9', 11, '2021-08-06 01:53', 'https://www.reddit.com/r/SquaredCircle/comments/oyuljk/impact_discussion_thread_852021_the_elite_vs/h7vg5uj/', "It will catch up quickly, since the YouTube episode doesn't have ads/commercials\n\nAt some point, they'll be close to in sync", 'oyuljk'], ['u/MakeYourself85', 37, '2021-08-06 01:56', 'https://www.reddit.com/r/SquaredCircle/comments/oyuljk/impact_discussion_thread_852021_the_elite_vs/h7vgivo/', 'No more Twitch is the end of an era for me.\n\nSuscribed to YouTube, though.', 'oyuljk'], ['u/MakeshiftChemistry', 16, '2021-08-06 01:57', 'https://www.reddit.com/r/SquaredCircle/comments/oyuljk/impact_discussion_thread_... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
44555.80, 43798.12, 46365.40, 45585.03, 45593.64, 44428.29, 47793.32, 47096.95, 47047.00, 46004.48
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ["NEW YORK, Aug. 06, 2021 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized shareholder rights law firm, is investigating certain officers and directors of Arcimoto, Inc. (NASDAQ: FUV), Array Technologies, Inc. (NASDAQ: ARRY), and Renewable Energy Group, Inc. (NASDAQ: REGI) on behalf of long-term stockholders. More information about each potential case can be found at the link provided. Arcimoto, Inc. (NASDAQ: FUV) Bragar Eagel & Squire is investigating certain officers and directors of Arcimoto following a class action complaint that was filed against Arcimoto on April 19, 2021. The complaint alleges that throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: (1) the preorders of Arcimoto\x92s Fun Utility Vehicles (\x93FUVs\x94) were fabricated or never completed, with only 19 units delivered out of an alleged preorder of 422; (2) Arcimoto failed to disclose to customers that nearly 100% of its vehicles delivered were under safety recall; (3) Arcimoto\x92s largest customer, R-Key-Moto, was an undisclosed related party owned by insider FOD Capital, LLC; (4) Arcimoto\x92s partnership with HULA was an undisclosed related party transaction; and (5) as a result, defendants\x92 public statements were materially false and/or misleading at all relevant times. For more information on our investigation into Arcimoto go to: https://bespc.com/cases/FUV Array Technologies, Inc. (NASDAQ: ARRY) Bragar Eagel & Squire is investigating certain officers and directors of Array Technologies, Inc. following a class action complaint that was filed against Array on May 14, 2021. According to a complaint filed against the Company, Array\x92s IPO Materials stated that one of the Company\x92s strengths related to its management of costs. Specifically, the Offering Materials noted the Company's \x93[d]emonstrated ability to reduce the cost of our products while increasing profit margins\x94 and that its \x93[r]igorous supply chain management [was] supported by a sophisticated enterprise resource planning (\x93ERP\x94) system.\x94 With regard to strategy, the IPO Materials explained how the Company leveraged its global supply chain and economies of scale to reduce product cost. However, the Company failed to disclose the then-existing rise of costs related to certain supplies such as steel, as well as the Company's freight costs. Story continues On May 11, 2021, Array reported lower revenues year-over-year and lower margins. These dismal financial results included a 44% decrease in revenue for the prior year period, a 63% decrease in gross profit, a 69% decrease in adjusted EBITDA, and 71% decrease in adjusted income. The Company blamed increased steel and shipping costs, and noted, \x93continuing increases in prices of steel and freight costs will impact our margins in the second quarter and potentially subsequent quarters if prices do not normalize.\x94 To learn more about our investigation into Array go to: https://bespc.com/cases/ARRY Renewable Energy Group, Inc. (NASDAQ: REGI) Bragar Eagel & Squire is investigating certain officers and directors of Renewable Energy Group, Inc. following a class action complaint that was filed against Renewable Energy on March 2, 2021. The complaint alleges that throughout the Class Period defendants made materially false and/or misleading statements, as well as failed to disclose material adverse facts about the Company\x92s business, operations, and prospects. Specifically, defendants failed to disclose to investors: (1) that due to failures in the diesel additive system, petroleum diesel was not periodically added to certain loads by the Company and was instead added by the Company\x92s customers; (2) that, as a result, Renewable Energy was not the proper claimant for certain BTC payments on biodiesel it sold between January 1, 2017 and September 30, 2020; (3) that, as a result, Renewable Energy\x92s revenue and net income were overstated for certain periods; (4) that there was a material weakness in the Company\x92s internal control over financial reporting related to the purchase and use of the petroleum diesel gallons when blending with biodiesel; and (5) that, as a result of the foregoing, defendants\x92 positive statements about the Company\x92s business, operations, and prospects were materially misleading and/or lacked a reasonable basis. To learn more about our investigation into Renewable Energy go to: https://bespc.com/cases/REGI About Bragar Eagel & Squire, P.C.: Bragar Eagel & Squire, P.C. is a nationally recognized law firm with offices in New York, California, and South Carolina. The firm represents individual and institutional investors in commercial, securities, derivative, and other complex litigation in state and federal courts across the country. For more information about the firm, please visit www.bespc.com . Attorney advertising. Prior results do not guarantee similar outcomes. Contact Information: Bragar Eagel & Squire, P.C. Brandon Walker, Esq. Melissa Fortunato, Esq. Marion Passmore, Esq. (212) 355-4648 [email protected] www.bespc.com", "NEW YORK, Aug. 06, 2021 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized shareholder rights law firm, is investigating certain officers and directors of Arcimoto, Inc. (NASDAQ: FUV), Array Technologies, Inc. (NASDAQ: ARRY), and Renewable Energy Group, Inc. (NASDAQ: REGI) on behalf of long-term stockholders. More information about each potential case can be found at the link provided.\nArcimoto, Inc. (NASDAQ: FUV)\nBragar Eagel & Squire is investigating certain officers and directors of Arcimoto following a class action complaint that was filed against Arcimoto on April 19, 2021.\nThe complaint alleges that throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: (1) the preorders of Arcimoto’s Fun Utility Vehicles (“FUVs”) were fabricated or never completed, with only 19 units delivered out of an alleged preorder of 422; (2) Arcimoto failed to disclose to customers that nearly 100% of its vehicles delivered were under safety recall; (3) Arcimoto’s largest customer, R-Key-Moto, was an undisclosed related party owned by insider FOD Capital, LLC; (4) Arcimoto’s partnership with HULA was an undisclosed related party transaction; and (5) as a result, defendants’ public statements were materially false and/or misleading at all relevant times.\nFor more information on our investigation into Arcimoto go to:https://bespc.com/cases/FUV\nArray Technologies, Inc. (NASDAQ: ARRY)\nBragar Eagel & Squire is investigating certain officers and directors of Array Technologies, Inc. following a class action complaint that was filed against Array on May 14, 2021.\nAccording to a complaint filed against the Company, Array’s IPO Materials stated that one of the Company’s strengths related to its management of costs. Specifically, the Offering Materials noted the Company's “[d]emonstrated ability to reduce the cost of our products while increasing profit margins” and that its “[r]igorous supply chain management [was] supported by a sophisticated enterprise resource planning (“ERP”) system.” With regard to strategy, the IPO Materials explained how the Company leveraged its global supply chain and economies of scale to reduce product cost. However, the Company failed to disclose the then-existing rise of costs related to certain supplies such as steel, as well as the Company's freight costs.\nOn May 11, 2021, Array reported lower revenues year-over-year and lower margins. These dismal financial results included a 44% decrease in revenue for the prior year period, a 63% decrease in gross profit, a 69% decrease in adjusted EBITDA, and 71% decrease in adjusted income. The Company blamed increased steel and shipping costs, and noted, “continuing increases in prices of steel and freight costs will impact our margins in the second quarter and potentially subsequent quarters if prices do not normalize.”\nTo learn more about our investigation into Array go to:https://bespc.com/cases/ARRY\nRenewable Energy Group, Inc. (NASDAQ: REGI)\nBragar Eagel & Squire is investigating certain officers and directors of Renewable Energy Group, Inc. following a class action complaint that was filed against Renewable Energy on March 2, 2021.\nThe complaint alleges that throughout the Class Period defendants made materially false and/or misleading statements, as well as failed to disclose material adverse facts about the Company’s business, operations, and prospects. Specifically, defendants failed to disclose to investors: (1) that due to failures in the diesel additive system, petroleum diesel was not periodically added to certain loads by the Company and was instead added by the Company’s customers; (2) that, as a result, Renewable Energy was not the proper claimant for certain BTC payments on biodiesel it sold between January 1, 2017 and September 30, 2020; (3) that, as a result, Renewable Energy’s revenue and net income were overstated for certain periods; (4) that there was a material weakness in the Company’s internal control over financial reporting related to the purchase and use of the petroleum diesel gallons when blending with biodiesel; and (5) that, as a result of the foregoing, defendants’ positive statements about the Company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis.\nTo learn more about our investigation into Renewable Energy go to:https://bespc.com/cases/REGI\nAbout Bragar Eagel & Squire, P.C.:Bragar Eagel & Squire, P.C. is a nationally recognized law firm with offices in New York, California, and South Carolina. The firm represents individual and institutional investors in commercial, securities, derivative, and other complex litigation in state and federal courts across the country. For more information about the firm, please visitwww.bespc.com. Attorney **Last 60 Days of Bitcoin's Closing Prices:** [33472.63, 37345.12, 36702.60, 37334.40, 35552.52, 39097.86, 40218.48, 40406.27, 38347.06, 38053.50, 35787.25, 35615.87, 35698.30, 31676.69, 32505.66, 33723.03, 34662.44, 31637.78, 32186.28, 34649.64, 34434.34, 35867.78, 35040.84, 33572.12, 33897.05, 34668.55, 35287.78, 33746.00, 34235.20, 33855.33, 32877.37, 33798.01, 33520.52, 34240.19, 33155.85, 32702.03, 32822.35, 31780.73, 31421.54, 31533.07, 31796.81, 30817.83, 29807.35, 32110.69, 32313.11, 33581.55, 34292.45, 35350.19, 37337.54, 39406.94, 39995.91, 40008.42, 42235.55, 41626.20, 39974.89, 39201.95, 38152.98, 39747.50, 40869.55, 42816.50] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2021-08-07 **Financial & Commodity Data:** - Gold Closing Price: $1760.00 - Crude Oil Closing Price: $68.28 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $811,195,923,038 - Hash Rate: 120343887.87095772 - Transaction Count: 212229.0 - Unique Addresses: 529222.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.69 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Bitcoin (BTC) did not move substantially in either direction last week, failing to assert the direction of the trend. Its failure to break down in the short-term and subsequent bounce could mean that the current movement is not corrective, thus indicating that the low is in. The movement in the next few days will be crucial in determining the future trend. During the week of June 28-July 5, BTC did not move significantly in either direction. On the contrary, it ranged between $32,699 and $36,660. It’s still trading above the long-term horizontal support level of $32,600, and has created several long lower wicks below it. However, technical indicators in the weekly time frame are still bearish. The MACD is negative, the RSI has crossed below 50, and the Stochastic oscillator has made a bearish cross. The daily chart shows that BTC has been trading inside a range between $31,400 and $40,550 since May 19. The latter is also the 0.382 Fib retracement resistance level and could coincide with a descending resistance line, depending on when it’s reached. BTC bounced at the support area on June 22, created a higher low on June 26, and has been moving upwards since. However, technical indicators are not bullish yet. The MACD signal line is negative and the RSI is below 50. However, both are increasing. In addition to this, the Stochastic oscillator is very close to making a bullish cross (green circle). There are two potential wave counts in play. The bearish count suggests that BTC is still in a bearish impulse, one that has been ongoing since the all-time high of $64,895 from April 14. If the count is correct, BTC would currently be in sub-wave two (black) of wave five (orange). A potential target for the bottom of the move is found near $19,800. BTC completed sub-wave two (red) yesterday near the 0.786 Fib retracement resistance level of $33,800. It failed to reach the middle of the channel and broke down instead. Therefore, for the count to remain valid, BTC would have to break down from the channel soon with a sharp downward movement. The bullish count indicates that the upward movement is aleading diagonalinstead. In this case, BTC would reach a high near $37,500, before breaking down. Nevertheless, the increase would be a part of wave A (orange) of an A-B-C corrective structure, indicating that the local low is already in. Whether BTC breaks down from the current support or bounces will likely determine the future trend. For BeInCrypto’s previousbitcoin(BTC) analysis,click here.... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
43798.12, 46365.40, 45585.03, 45593.64, 44428.29, 47793.32, 47096.95, 47047.00, 46004.48, 44695.36
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['Bitcoin , BTC to USD, rose by 4.00% on Saturday. Following a 4.80% rally on Friday, Bitcoin ended the day at $44,568.0. A bullish start to the day saw Bitcoin rally to a mid-day high $44,553.0 before hitting reverse. Bitcoin broke through the first major resistance level at $44,193 before sliding to a late afternoon intraday low $42,380. Steering clear of the 38.2% FIB of $41,592 and the first major support level at $40,708 Bitcoin bounced back to end the day at $44,500 levels. The rebound saw Bitcoin break back through the first major resistance level at $44,193 to strike an intraday high $44,698.0. The near-term bullish trend remained intact, supported by the latest return to $44,000 levels. For the bears, Bitcoin would need a sustained fall through the 62% FIB of $27,237 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was a mixed day on Saturday. Polkadot fell by 1.26% to buck the trend on the day. It was a bullish day for the rest of the majors, however. Ethereum and Ripple’s XRP rallied by 9.34% and by 9.59% respectively to lead the way. Binance Coin (+4.14%), Bitcoin Cash SV (+5.26%), Cardano’s ADA (+5.12%), Chainlink (+3.56%), Crypto.com Coin (+3.23%) and Litecoin (+5.38%) also found strong support however. In the current week, the crypto total market fell to a Tuesday low $1,502bn before rising to a Saturday high $1,818bn. At the time of writing, the total market cap stood at $1,797bn. Bitcoin’s dominance rose to a Monday high 47.27% before falling to a Wednesday low 45.78%. At the time of writing, Bitcoin’s dominance stood at 46.46%. This Morning At the time of writing, Bitcoin was down by 0.24% to $44,461.0. A mixed start to the day saw Bitcoin rise to an early morning high $44,580.0 before falling to a low $44,335.2. Bitcoin left the major support and resistance levels untested early on. Elsewhere, it was a mixed start to the day. Crypto.com Coin found early support, rallying by 4.12%. Polkadot (+0.16%) and Litecoin (+0.06%) also avoided the red early on. Story continues It was a bearish start for the rest of the majors, however. At the time of writing, Ethereum was down by 0.35% to lead the way down. For the Bitcoin Day Ahead Bitcoin would need to avoid the $43,883 pivot to bring the first major resistance level at $45,384 into play. Support from the broader market would be needed for Bitcoin to break out from Saturday’s high $44,553.0. Barring a broad-based crypto rally, the first major resistance level and resistance at $45,500 would likely cap any upside. In the event of another extended crypto rally, Bitcoin could test resistance at $47,500 before any pullback. The second major resistance level sits at $46,200. A fall through the $43,882 pivot would bring the first major support level at $43,066 into play. Barring an extended sell-off on the day, Bitcoin should steer clear of the 38.2% FIB of $41,592 and the second major support level at $41,564. This article was originally posted on FX Empire More From FXEMPIRE: S&P 500 Price Forecast – Stock Market Continues Towards All-Time Highs Natural Gas Price Prediction – Prices Consolidate Despite Warm Weather Forecast Gold Price Futures (GC) Technical Analysis – Sellers in Control; Next Target $1754.50, Followed by $1716.00 S&P 500 Weekly Price Forecast – Stock Markets Continue to Grind Higher E-mini NASDAQ-100 Index (NQ) Futures Technical Analysis – Fear of Fed Tightening Weighing on Sentiment Gold Price Prediction – Prices Tumble as the Dollar Rallies Following Payrolls', 'Bitcoin, BTC to USD, rose by 4.00% on Saturday. Following a 4.80% rally on Friday, Bitcoin ended the day at $44,568.0.\nA bullish start to the day saw Bitcoin rally to a mid-day high $44,553.0 before hitting reverse.\nBitcoin broke through the first major resistance level at $44,193 before sliding to a late afternoon intraday low $42,380.\nSteering clear of the 38.2% FIB of $41,592 and the first major support level at $40,708 Bitcoin bounced back to end the day at $44,500 levels.\nThe rebound saw Bitcoin break back through the first major resistance level at $44,193 to strike an intraday high $44,698.0.\nThe near-term bullish trend remained intact, supported by the latest return to $44,000 levels. For the bears, Bitcoin would need a sustained fall through the 62% FIB of $27,237 to form a near-term bearish trend.\nAcross the rest of the majors, it was a mixed day on Saturday.\nPolkadot fell by 1.26% to buck the trend on the day.\nIt was a bullish day for the rest of the majors, however.\nEthereumandRipple’s XRPrallied by 9.34% and by 9.59% respectively to lead the way.\nBinance Coin(+4.14%),Bitcoin Cash SV(+5.26%),Cardano’s ADA(+5.12%),Chainlink(+3.56%),Crypto.com Coin(+3.23%) andLitecoin(+5.38%) also found strong support however.\nIn the current week, the crypto total market fell to a Tuesday low $1,502bn before rising to a Saturday high $1,818bn. At the time of writing, the total market cap stood at $1,797bn.\nBitcoin’s dominance rose to a Monday high 47.27% before falling to a Wednesday low 45.78%. At the time of writing, Bitcoin’s dominance stood at 46.46%.\nAt the time of writing, Bitcoin was down by 0.24% to $44,461.0. A mixed start to the day saw Bitcoin rise to an early morning high $44,580.0 before falling to a low $44,335.2.\nBitcoin left the major support and resistance levels untested early on.\nElsewhere, it was a mixed start to the day.\nCrypto.com Coin found early support, rallying by 4.12%. Polkadot (+0.16%) and Litecoin (+0.06%) also avoided the red early on.\nIt was a bearish start for the rest of the majors, however.\nAt the time of writing, Ethereum was down by 0.35% to lead the way down.\nBitcoin would need to avoid the $43,883 pivot to bring the first major resistance level at $45,384 into play.\nSupport from the broader market would be needed for Bitcoin to break out from Saturday’s high $44,553.0.\nBarring a broad-based crypto rally, the first major resistance level and resistance at $45,500 would likely cap any upside.\nIn the event of another extended crypto rally, Bitcoin could test resistance at $47,500 before any pullback. The second major resistance level sits at $46,200.\nA fall through the $43,882 pivot would bring the first major support level at $43,066 into play.\nBarring an extended sell-off on the day, Bitcoin should steer clear of the 38.2% FIB of $41,592 and the second major support level at $41,564.\nThisarticlewas originally posted on FX Empire\n• S&P 500 Price Forecast – Stock Market Continues Towards All-Time Highs\n• Natural Gas Price Prediction – Prices Consolidate Despite Warm Weather Forecast\n• Gold Price Futures (GC) Technical Analysis – Sellers in Control; Next Target $1754.50, Followed by $1716.00\n• S&P 500 Weekly Price Forecast – Stock Markets Continue to Grind Higher\n• E-mini NASDAQ-100 Index (NQ) Futures Technical Analysis – Fear of Fed Tightening Weighing on Sentiment\n• Gold Price Prediction – Prices Tumble as the Dollar Rallies Following Payrolls', 'By Noreen Burke Investing.com -- Against a background of a resurgence of the coronavirus pandemic the main U.S. economic data in the coming week will be the reports on consumer and producer price inflation. Investors are watching closely for clues on how soon the Federal Reserve may start scaling back stimulus. There are also several Fed officials slated to speak during the coming week and their comments could help clarify the Fed’s position on tapering. Earnings will continue but will be fewer in number as earnings season winds down. Meanwhile, Bitcoin is hovering near two-month highs and the UK is to release data on second quarter growth. Here’s what you need to know to start your week. Inflation numbers The U.S. consumer price index and the producer price index released Wednesday and Thursday, respectively will provide an insight into the current pace of inflation, one of the key factors along with the labor market, that the Fed looks at when making its monetary policy decisions. CPI is expected to moderate slightly after last month’s jump of 0.9%, the strongest gain since June 2008. The Fed has said the current surge in inflation is just temporary, but market sentiment has been hit by fears of higher inflation resulting in a sudden tapering. Friday’s stronger-than-expected nonfarm payrolls report was the last before the Fed gathers for its annual meeting in Jackson Hole, Wyoming, at the end of the month to discuss policy and decide future stimulus strategy. The upbeat jobs numbers coupled with uncomfortably hot inflation data could prompt Fed officials to announce plans to begin tapering bond purchases as soon as September, the first step down the road to eventual interest rate hikes. Fedspeak Several Fed officials are due to make appearances in the coming week including Atlanta Fed President Raphael Bostic and Richmond Fed head Thomas Barkin on Monday, Chicago Fed President Charles Evans on Tuesday and Kansas City Fed President Esther George on Wednesday. Story continues Bostic and Barkin are known to lean towards tapering so their comments will be closely watched. The bar the Fed set for scaling back its bond-buying program - "substantial further progress" toward the Fed\'s 2% inflation and full employment goals - has never been precisely defined. In June officials began debating how soon the central bank can begin to ease back on its emergency supports for the economy even amid the emergence of the Delta variant of the coronavirus that threatens to dent growth. Earnings wind down Earnings will continue in the coming week, but the number of companies reporting will tail off as earnings season continues to wind down. Some of the names reporting include AMC Entertainment (NYSE:AMC), Softbank (T:9984), Coinbase Global Inc (NASDAQ:COIN), Sysco (NYSE:SYY), Chesapeake Energy (NYSE:CHK), eBay (NASDAQ:EBAY), Wendy’s (NASDAQ:WEN), Lordstown Motors (NASDAQ:RIDE), Walt Disney (NYSE:DIS) and Airbnb (NASDAQ:ABNB). It has been a stellar earni **Last 60 Days of Bitcoin's Closing Prices:** [37345.12, 36702.60, 37334.40, 35552.52, 39097.86, 40218.48, 40406.27, 38347.06, 38053.50, 35787.25, 35615.87, 35698.30, 31676.69, 32505.66, 33723.03, 34662.44, 31637.78, 32186.28, 34649.64, 34434.34, 35867.78, 35040.84, 33572.12, 33897.05, 34668.55, 35287.78, 33746.00, 34235.20, 33855.33, 32877.37, 33798.01, 33520.52, 34240.19, 33155.85, 32702.03, 32822.35, 31780.73, 31421.54, 31533.07, 31796.81, 30817.83, 29807.35, 32110.69, 32313.11, 33581.55, 34292.45, 35350.19, 37337.54, 39406.94, 39995.91, 40008.42, 42235.55, 41626.20, 39974.89, 39201.95, 38152.98, 39747.50, 40869.55, 42816.50, 44555.80] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2021-08-08 **Financial & Commodity Data:** - Gold Closing Price: $1760.00 - Crude Oil Closing Price: $68.28 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $849,971,479,815 - Hash Rate: 113858289.12342106 - Transaction Count: 191623.0 - Unique Addresses: 482998.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.74 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: TheCanadian dollarstrengthened against theU.S. dollarin early trade Monday as weaker greenback supported the commodity currency; however, it will likely remain volatile ahead of the Fed monetary policy decision this week. Thedollar to loonieconversion today fell to 1.2523 against the U.S. currency, down from Friday’s close of 1.2561. TheCanadian dollarhad lost about 3% in June – posting the biggest monthly drop since March 2020, the early days of the pandemic, and weakened over 1.4% so far this month. “With respect to theCanadian dollar, recent price action has reflected risk-off sentiment and investors flocking intoUSDassets. Additionally, global growth fears are putting pressure on commodity prices, that have eased back from recent peaks despite remaining at fairly elevated levels. This leavesCADtrading close to our 80 U.S. cent estimate of fair value,” noted Beata Caranci, SVP & Chief Economist at TD Economics. “In the near term, movements in theCanadian dollarwill likely be tied to movements in risk-sentiment. If financial markets gain comfort that the Delta variant won’t upend the global economy, a rise in risk sentiment would maintain a floor underCADand offer some modest upside.” Canada is the world’s fourth-largest exporter of oil, edged lower on surging COVID-19 cases cast a shadow on global demand. U.S. West Texas Intermediate (WTI) crude futures traded lower by 0.33 cents, or 0.43%, to $71.75 a barrel. Thedollar index, a measurement of thedollar’svalue relative to six foreign currencies, was trading 0.38% lower at 92.561 – not far from this year’s high of 93.437. The U.S. Federal Reserve is due to make an interest rate decision on Wednesday. Traders remain cautious ahead of the policy decision as any unexpected hawkish surprise would lift the greenback. The world’s dominant reserve currency, theUSD, is expected to rise further over the coming year, largely driven by the Fed’s expectation of two rate hikes in 2023. A strengtheningdollarand growing risk that the Federal Reserve would tighten its monetary policy earlier than expected would push theUSD to CADpair higher. Thisarticlewas originally posted on FX Empire • USD/JPY Price Forecast – US Dollar Continues to Power Higher Against Yen • Oil Price Fundamental Daily Forecast – Lack of Clarity on Supply/Demand Issues Producing Two-Sided Trade • Natural Gas Price Prediction – Prices Rise on Strong Power Generation Demand • S&P 500 Price Forecast – US Stock Markets Continue to Grind Higher • Bitcoin Bulls Take Out Crystal Ball as Price Barrels Toward USD 40K • EUR/USD Price Forecast – Euro Bounces From Low Level... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
46365.40, 45585.03, 45593.64, 44428.29, 47793.32, 47096.95, 47047.00, 46004.48, 44695.36, 44801.19
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['Bitcoin , BTC to USD, fell by 1.74% on Sunday. Partially reversing a 4.00% rally from Saturday, Bitcoin ended the week up by 9.85% to $43,793.0. A bullish start to the day saw Bitcoin rally to a mid-morning intraday high $45,250.0 before hitting reverse. Falling short of the first major resistance level at $45,384, however, Bitcoin slid to a late intraday low $43,300.0. Steering clear of the first major support level at $43,066, Bitcoin briefly moved back through to $44,000 levels before easing back. The near-term bullish trend remained intact, supported by the latest return to $45,000 levels. For the bears, Bitcoin would need a sustained fall through the 62% FIB of $27,237 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was a mixed day on Sunday. Crypto.com Coin rose by 0.51% to buck the trend on the day. It was a bearish day for the rest of the majors, however. Bitcoin Cash SV and Chainlink slid by 7.07% and by 6.71% respectively to lead the way down. Binance Coin (-4.05%), Cardano’s ADA (-3.24%), Ethereum (-4.71%), Litecoin (-3.96%), Polkadot (-4.70%), and Ripple’s XRP (-4.62%) also struggled. While it was a bearish end to the week, it was a mixed week for the crypto majors. Polkadot bucked the trend in the week, falling by 2.89%. It was a bullish week for the rest of the pack, however. Ethereum rallied by 17.95% to lead the way. Cardano’s ADA (+8.50%), Crypto.com Coin (+6.64%), Litecoin (+6.84%), and Ripple’s XRP (+7.47%) also found strong support. Binance Coin (+2.85%), Bitcoin Cash SV (+1.96%), and Chainlink (+4.24%) trailed the front runners, however. In the week, the crypto total market fell to a Tuesday low $1,502bn before rising to a Sunday high $1,837bn. At the time of writing, the total market cap stood at $1,736bn. Bitcoin’s dominance fell to a Wednesday low 45.78% before rising to a Sunday high $47.39%. At the time of writing, Bitcoin’s dominance stood at 47.16%. This Morning At the time of writing, Bitcoin was down by 0.59% to $43,534.6. A mixed start to the day saw Bitcoin rise to an early morning high $43,930.0 before falling to a low $43,532.0. Story continues Bitcoin left the major support and resistance levels untested early on. Elsewhere, it was a bearish start to the day. At the time of writing, Ethereum was down by 0.92% to lead the way down. For the Bitcoin Day Ahead Bitcoin would need to move through the $44,114 pivot to bring the first major resistance level at $44,929 into play. Support from the broader market would be needed for Bitcoin to break back through to $44,500 levels. Barring a broad-based crypto rally, the first major resistance level and Sunday’s high $45,250.0 would likely cap any upside. In the event of an extended crypto rally, Bitcoin could test resistance at $47,000 before any pullback. The second major resistance level sits at $46,064. Failure to move through the $44,114 pivot would bring the first major support level at $42,979 into play. Barring an extended sell-off on the day, Bitcoin should steer clear of the second major support level at $42,164. This article was originally posted on FX Empire More From FXEMPIRE: Bitcoin and Ethereum – Weekly Technical Analysis – August 9th, 2021 The Crypto Daily – Movers and Shakers – August 8th, 2021 European Equities: Economic Data from China and Germany in Focus Gold Drops Sharply on Monday Following Impressive US Jobs Data U.S Mortgage Rates Fall Once More as Concerns over COVID-19 Peg Back Yields Bitcoin Buyers Face Stiff Resistance At 200-day SMA', 'Bitcoin , BTC to USD, fell by 1.74% on Sunday. Partially reversing a 4.00% rally from Saturday, Bitcoin ended the week up by 9.85% to $43,793.0. A bullish start to the day saw Bitcoin rally to a mid-morning intraday high $45,250.0 before hitting reverse. Falling short of the first major resistance level at $45,384, however, Bitcoin slid to a late intraday low $43,300.0. Steering clear of the first major support level at $43,066, Bitcoin briefly moved back through to $44,000 levels before easing back. The near-term bullish trend remained intact, supported by the latest return to $45,000 levels. For the bears, Bitcoin would need a sustained fall through the 62% FIB of $27,237 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was a mixed day on Sunday. Crypto.com Coin rose by 0.51% to buck the trend on the day. It was a bearish day for the rest of the majors, however. Bitcoin Cash SV and Chainlink slid by 7.07% and by 6.71% respectively to lead the way down. Binance Coin (-4.05%), Cardano’s ADA (-3.24%), Ethereum (-4.71%), Litecoin (-3.96%), Polkadot (-4.70%), and Ripple’s XRP (-4.62%) also struggled. While it was a bearish end to the week, it was a mixed week for the crypto majors. Polkadot bucked the trend in the week, falling by 2.89%. It was a bullish week for the rest of the pack, however. Ethereum rallied by 17.95% to lead the way. Cardano’s ADA (+8.50%), Crypto.com Coin (+6.64%), Litecoin (+6.84%), and Ripple’s XRP (+7.47%) also found strong support. Binance Coin (+2.85%), Bitcoin Cash SV (+1.96%), and Chainlink (+4.24%) trailed the front runners, however. In the week, the crypto total market fell to a Tuesday low $1,502bn before rising to a Sunday high $1,837bn. At the time of writing, the total market cap stood at $1,736bn. Bitcoin’s dominance fell to a Wednesday low 45.78% before rising to a Sunday high $47.39%. At the time of writing, Bitcoin’s dominance stood at 47.16%. This Morning At the time of writing, Bitcoin was down by 0.59% to $43,534.6. A mixed start to the day saw Bitcoin rise to an early morning high $43,930.0 before falling to a low $43,532.0. Story continues Bitcoin left the major support and resistance levels untested early on. Elsewhere, it was a bearish start to the day. At the time of writing, Ethereum was down by 0.92% to lead the way down. For the Bitcoin Day Ahead Bitcoin would need to move through the $44,114 pivot to bring the first major resistance level at $44,929 into play. Support from the broader market would be needed for Bitcoin to break back through to $44,500 levels. Barring a broad-based crypto rally, the first major resistance level and Sunday’s high $45,250.0 would likely cap any upside. In the event of an extended crypto rally, Bitcoin could test resistance at $47,000 before any pullback. The second major resistance level sits at $46,064. Failure to move through the $44,114 pivot would bring the first major support level at $42,979 into play. Barring an extended sell-off on the day, Bitcoin should steer clear of the second major support level at $42,164. This article was originally posted on FX Empire More From FXEMPIRE: Bitcoin and Ethereum – Weekly Technical Analysis – August 9th, 2021 The Crypto Daily – Movers and Shakers – August 8th, 2021 European Equities: Economic Data from China and Germany in Focus Gold Drops Sharply on Monday Following Impressive US Jobs Data U.S Mortgage Rates Fall Once More as Concerns over COVID-19 Peg Back Yields Bitcoin Buyers Face Stiff Resistance At 200-day SMA', 'By Matt Scuffham\nNEW YORK (Reuters) - Global share prices treaded water on Monday as sharp falls in gold and oil prices and concerns over the spread of the Delta coronavirus variant dented sentiment.\nU.S. stock indexes were mixed at the close.\nThe Dow Jones Industrial Average fell 106.66 points, or 0.3%, to 35,101.85, the S&P 500 lost 4.17 points, or 0.09%, to 4,432.35 and the Nasdaq Composite added 24.42 points, or 0.16%, to 14,860.18.\n"With the Delta variant spreading, money managers who were over-invested in the re-opening trade continue to unwind that trade because it\'s not working right now," said Dennis Dick, a trader at Bright Trading LLC.\nIn Europe, gains in healthcare, utilities and technology stocks outweighed declines triggered by a fall in commodity prices earlier on Monday.\nThe pan-European STOXX 600 index rose 0.2% to a closing high of 470.68.\nMSCI\'s gauge of stocks across the globe shed 0.03%.\nOil prices fell as much as 4%, extending last week\'s steep losses on a rising U.S. dollar and concerns that new coronavirus-related restrictions in Asia, especially China, could slow a global recovery in fuel demand.\nU.S. crude oil futures settled at $66.48 per barrel, down $1.80 or 2.6%. Brent crude ended at $69.04, down $1.66 or 2.4%.\n"The sell-off in commodities is driving growth concerns as some investors are turning cautious," said Ed Moya, senior market analyst at OANDA.\nGold slumped to a more than four-month low as strong U.S. jobs data bolstered expectations for an early tapering of the Federal Reserve\'s economic support measures.\nSpot gold dropped 1.9% to $1,729.09 an ounce. U.S. gold futures settled 2.1% down at $1,726.50.\nBitcoin hit a three-month high and broke through the $46,000 barrier as gold fell.\n"Money managers are seeing that as an alternative to gold," said Dick.\nBitcoin last rose 5.46% to $46,253.56.\nThe strong jobs data also caused U.S. Treasury yields to rise.\nBenchmark 10-year notes last fell 11/32 in price to yield 1.3254%, from 1.288% late on Friday.\nHolidays in Tokyo and Singapore made for thin trading conditions, adding to the volatility. After an initial fall, MSCI\'s broadest index of Asia-Pacific shares outside Japan recovered to be up 0.1%.\nChinese trade data over the weekend undershot forecasts, while figures out on Monday showed inflation slowed to 1% in July, offering no barrier to more policy stimulus.\nThe U.S. Senate came closer to passing a $1 trillion infrastructure package, though it still has to go through the House.\nInvestors were still assessing whether Friday\'s strong U.S. payrolls report would take the Federal Reserve a step nearer to winding back its stimulus.\n"What we\'re seeing is a little bit of early profit-taking on the back of fear that tapering will come in earlier in September," said Sebastien Galy, senior macro strategist at Nordea Asset Management. "But as you can see, **Last 60 Days of Bitcoin's Closing Prices:** [36702.60, 37334.40, 35552.52, 39097.86, 40218.48, 40406.27, 38347.06, 38053.50, 35787.25, 35615.87, 35698.30, 31676.69, 32505.66, 33723.03, 34662.44, 31637.78, 32186.28, 34649.64, 34434.34, 35867.78, 35040.84, 33572.12, 33897.05, 34668.55, 35287.78, 33746.00, 34235.20, 33855.33, 32877.37, 33798.01, 33520.52, 34240.19, 33155.85, 32702.03, 32822.35, 31780.73, 31421.54, 31533.07, 31796.81, 30817.83, 29807.35, 32110.69, 32313.11, 33581.55, 34292.45, 35350.19, 37337.54, 39406.94, 39995.91, 40008.42, 42235.55, 41626.20, 39974.89, 39201.95, 38152.98, 39747.50, 40869.55, 42816.50, 44555.80, 43798.12] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2021-08-09 **Financial & Commodity Data:** - Gold Closing Price: $1723.40 - Crude Oil Closing Price: $66.48 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $805,195,692,925 - Hash Rate: 109534556.62506332 - Transaction Count: 252660.0 - Unique Addresses: 611235.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.65 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Fintech Header Quote To Start The Day: “Once you hear the details of victory, it is hard to distinguish it from a defeat.” Source: Jean-Paul Sartre One Big Thing In Fintech: M1 Finance, an automated money management platform, announced Wednesday a $150 million Series E funding round to boost innovation and platform growth. “Each funding round is proof and motivation that people believe in our mission of empowering financial well-being,” said M1 Finance founder and CEO Brian Barnes. “Financial well-being isn’t a luxury, it’s a necessity. Our platform helps people have more control, more freedom, and more power over their money. We experienced massive growth in the past year, and it’s extremely gratifying to see investors and clients believe in our vision and make it a reality.” Source: Benzinga Other Key Fintech Developments: YuLife raises record $70M round. Tipalti passes $23B transactions. Cardless taps $40 for credit card. S&P adds cryptocurrency indices. IVIX secures $13M seed funding. BCI looks to re- sign QuantaVerse. Crypto not part of BLK strategies? Railsbank raises $70M for FaaS. Coatue co- leads CertiK Series B. Verizon, Mastercard tackle fintech. Mosaic, Limeglass eye digitization. Liberty taps Xero’s tech platform. Mercury expands use of TT tech. Vanguard has bought Just Invest. Kukun expands SoFi partnership. Lili grows freelancer fintech offer. MoonPay growing with WorldPay. DeFi wallet Phantom raises $9M. Watch Out For This: “The investor experience has never been better. Developments in market structure, advances in technology and the introduction of intense competition have resulted in vastly expanded service and product offerings to retail investors, low or no cost trading, and importantly, superior execution quality.” Source: Doug Cifu Interesting Reads: Miami condo collapse state crisis . No market breadth, no problems ! Bitcoin ESG concerns temporary . Clubhouse moving beyond audio. Netflix plans to offer video games. Twitter to be shutting down Fleets. Story continues Market Moving Headline: Federal Reserve Chair Jerome Powell said it was still too soon to scale back the central bank’s aggressive support for the U.S. economy, while acknowledging that inflation has risen faster than expected. Source: Bloomberg See more from Benzinga Click here for options trades from Benzinga M1 Finance Hits .5B AUM, Announces 0M Series E Led By SoftBank Vision Fund 2 Fintech Focus For July 14, 2021 © 2021 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
45585.03, 45593.64, 44428.29, 47793.32, 47096.95, 47047.00, 46004.48, 44695.36, 44801.19, 46717.58
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['Teen crypto trader shot dead in his Porsche (Instagram/_pessano) A teenage cryptocurrency trader was gunned down while behind the wheel of his sports car. Wesley Pessano Santarem died in the shooting as he drove his red Porsche Boxster through the streets of Brazilian city Sao Pedro da Aldeia. The killing of Mr Pessano, who was known for promoting his financial success and lifestyle on social media, took place in front of witnesses in broad daylight. Mr Passano, 19, had reportedly made his fortune in Bitcoin in the past three years. His last post on Instagram, where he had 134,000 followers, was of him posing in front of his car with a handful of cash. And he also ran a YouTube channel with 15,600 subscribers where he gave subscribers investment tips. He had reportedly been on his way to the hairdressers when he was ambushed and attacked. View this post on Instagram A post shared by Wesley Pessano | TRADER (@_pessano) Witnesses told authorities that the killers had been driving a silver Volkswagen when the violence unfolded. Police say that Mr Passano was hit by at least four bullets, including one to the head. A passenger in the car was also injured in the shooting and taken to hospital for treatment. Mr Passano hailed from the southern Brazilian state of Rio Grande do Sul, but had moved to Cabo Frio in the south east of the country last year, The police have not revealed the identity of any suspects or the motivation for the killing. The investigation is ongoing.', 'Teen crypto trader shot dead in his Porsche (Instagram/_pessano) A teenage cryptocurrency trader was gunned down while behind the wheel of his sports car. Wesley Pessano Santarem died in the shooting as he drove his red Porsche Boxster through the streets of Brazilian city Sao Pedro da Aldeia. The killing of Mr Pessano, who was known for promoting his financial success and lifestyle on social media, took place in front of witnesses in broad daylight. Mr Passano, 19, had reportedly made his fortune in Bitcoin in the past three years. His last post on Instagram, where he had 134,000 followers, was of him posing in front of his car with a handful of cash. And he also ran a YouTube channel with 15,600 subscribers where he gave subscribers investment tips. He had reportedly been on his way to the hairdressers when he was ambushed and attacked. View this post on Instagram A post shared by Wesley Pessano | TRADER (@_pessano) Witnesses told authorities that the killers had been driving a silver Volkswagen when the violence unfolded. Police say that Mr Passano was hit by at least four bullets, including one to the head. A passenger in the car was also injured in the shooting and taken to hospital for treatment. Mr Passano hailed from the southern Brazilian state of Rio Grande do Sul, but had moved to Cabo Frio in the south east of the country last year, The police have not revealed the identity of any suspects or the motivation for the killing. The investigation is ongoing.', 'The Australian and New Zealand Dollars are under pressure early Tuesday as the U.S. Dollar remained supported following Friday’s robust job figures that solidified expectations the U.S. Federal Reserve could soon start tapering its massive coronavirus-driven stimulus. Slightly lower Treasury yields are likely limiting losses.\nAt 03:46 GMT, theAUD/USDis trading .7324, down 0.0005 or -0.07% and theNZD/USDis at .6977, down 0.0014 or -0.20%.\nSince Friday’s labor market report the prospect of the Fed’s reduced bond-buying has pushed down U.S. bond prices, lifting their yields and strengthening demand for the U.S. Dollar.\nOn Monday, the Aussie and Kiwi were pressured as U.S. Treasury yields spiked to three-week highs as surprising strong job openings on top of better-than-expected employment gains in July added to the narrative of an improving labor market.\nU.S. job openings, a measure of labor demand, shot up by 590,000 to a record-high 10.1 million on the last day of June, the U.S. Labor Department reported in its monthly Job Openings and Labor Turnover Survey (JOLTS).\nThat followed Friday’sNon-Farm Payrolls reportshowing jobs increased by 943,000 in July, above the 870,000 forecast by economists in a Reuters poll.\nAtlanta Federal Reserve Bank President Raphael Bostic, the first Fed speaker after the jobs data was released, said on Monday he is eyeing the fourth quarter for the start of a bond-purchase taper but is open to an even earlier move if the job market keeps up its recent torrid pace of improvement, Reuters reported.\nBoston Federal Reserve Bank President Eric Rosengren was equally forthright, saying that the U.S. central bank should announce in September that it will start reducing its $120 billion in monthly purchases of Treasury and mortgage bonds in the fall, according to Reuters.\nBesides the stronger U.S. Dollar, weak domestic data is weighing on the Australian Dollar.\nA measure of Australian business conditions worsened sharply for a second month in July as coronavirus lockdowns took a heavy toll on service industries and confidence in general.\nTuesday’s survey from National Australia Bank showed its index of business conditions sank 14 points to +11 in June, though that was still above the long term average thanks to record high results ahead of lockdowns.\nThe survey’smeasure of confidencedived 19 points to -8, led by New South Wales State where much of greater Sydney was shut for the entire month.\n“The survey shows that the strength in the business sector seen in early-to-mid 2021 has faded on the back of fresh disruptions in the economy but it has faded on the back of fresh disruptions in the economy but it has not yet deteriorated to the lows seen in early 2020,” said NAB chief economist Alan Oster.\nIn other news, the New Zealand Dollar was also weaker, however, traders still expect the Reserve Bank (RBNZ) to raise itsOfficial Cash Rate (OCR)on August 18.\nFor a look at all of today’s economic events, check out oureconomic calendar.\nThisarticlewas originally posted on FX Empire\n• eBay Shares Fall Ahead of Q2 Earnings\n• Ethereum, Litecoin, and Ripple’s XRP – Daily Tech Analysis – August 10th, 2021\n• Today’s Market Wrap Up and a Glimpse Into Tuesday\n• USD/JPY Forex Technical Analysis – Trader Reaction to 110.191 to 110.537 Retracement Zone Sets Near-Term Tone\n• AMC Will Start Accepting Bitcoin For U.S. Tickets, Concessions This Year\n• European Equities: Economic Sentiment Figures and COVID-19 Updates in Focus', 'The Australian and New Zealand Dollars are under pressure early Tuesday as the U.S. Dollar remained supported following Friday\x92s robust job figures that solidified expectations the U.S. Federal Reserve could soon start tapering its massive coronavirus-driven stimulus. Slightly lower Treasury yields are likely limiting losses. At 03:46 GMT, the AUD/USD is trading .7324, down 0.0005 or -0.07% and the NZD/USD is at .6977, down 0.0014 or -0.20%. Rising Treasury Yields, Stronger US Dollar Since Friday\x92s labor market report the prospect of the Fed\x92s reduced bond-buying has pushed down U.S. bond prices, lifting their yields and strengthening demand for the U.S. Dollar. On Monday, the Aussie and Kiwi were pressured as U.S. Treasury yields spiked to three-week highs as surprising strong job openings on top of better-than-expected employment gains in July added to the narrative of an improving labor market. U.S. job openings, a measure of labor demand, shot up by 590,000 to a record-high 10.1 million on the last day of June, the U.S. Labor Department reported in its monthly Job Openings and Labor Turnover Survey (JOLTS). That followed Friday\x92s Non-Farm Payrolls report showing jobs increased by 943,000 in July, above the 870,000 forecast by economists in a Reuters poll. Fed Speakers Discuss Timing of Tapering Atlanta Federal Reserve Bank President Raphael Bostic, the first Fed speaker after the jobs data was released, said on Monday he is eyeing the fourth quarter for the start of a bond-purchase taper but is open to an even earlier move if the job market keeps up its recent torrid pace of improvement, Reuters reported. Boston Federal Reserve Bank President Eric Rosengren was equally forthright, saying that the U.S. central bank should announce in September that it will start reducing its $120 billion in monthly purchases of Treasury and mortgage bonds in the fall, according to Reuters. Daily Forecast Besides the stronger U.S. Dollar, weak domestic data is weighing on the Australian Dollar. Story continues A measure of Australian business conditions worsened sharply for a second month in July as coronavirus lockdowns took a heavy toll on service industries and confidence in general. Tuesday\x92s survey from National Australia Bank showed its index of business conditions sank 14 points to +11 in June, though that was still above the long term average thanks to record high results ahead of lockdowns. The survey\x92s measure of confidence dived 19 points to -8, led by New South Wales State where much of greater Sydney was shut for the entire month. \x93The survey shows that the strength in the business sector seen in early-to-mid 2021 has faded on the back of fresh disruptions in the economy but it has faded on the back of fresh disruptions in the economy but it has not yet deteriorated to the lows seen in early 2020,\x94 said NAB chief economist Alan Oster. In other news, the New Zealand Dollar was also weaker, however, traders still expect the Reserve Bank (RBNZ) to raise its Official Cash Rate (OCR) on August 18. For a look at all of today\x92s economic events, check out our economic calendar . This article was originally posted on FX Empire More From FXEMPIRE: eBay Shares Fall Ahead of Q2 Earnings Ethereum, Litecoin, and Ripple\x92s XRP \x96 Daily Tech Analysis \x96 August 10th, 2021 Today\x92s Market Wrap Up and a Glimpse Into Tuesday USD/JPY Forex Technical Analysis \x96 Trader Reaction to 110.191 to 110.537 Retracement Zone Sets Near-T **Last 60 Days of Bitcoin's Closing Prices:** [37334.40, 35552.52, 39097.86, 40218.48, 40406.27, 38347.06, 38053.50, 35787.25, 35615.87, 35698.30, 31676.69, 32505.66, 33723.03, 34662.44, 31637.78, 32186.28, 34649.64, 34434.34, 35867.78, 35040.84, 33572.12, 33897.05, 34668.55, 35287.78, 33746.00, 34235.20, 33855.33, 32877.37, 33798.01, 33520.52, 34240.19, 33155.85, 32702.03, 32822.35, 31780.73, 31421.54, 31533.07, 31796.81, 30817.83, 29807.35, 32110.69, 32313.11, 33581.55, 34292.45, 35350.19, 37337.54, 39406.94, 39995.91, 40008.42, 42235.55, 41626.20, 39974.89, 39201.95, 38152.98, 39747.50, 40869.55, 42816.50, 44555.80, 43798.12, 46365.40] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2021-08-10 **Financial & Commodity Data:** - Gold Closing Price: $1728.80 - Crude Oil Closing Price: $68.29 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $855,146,167,375 - Hash Rate: 118902643.70483848 - Transaction Count: 260968.0 - Unique Addresses: 626461.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.71 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: NASA has awarded Tesla Inc (NASDAQ: TSLA ) owner Elon Musk's private rocket company SpaceX a $178 million contract to launch a spacecraft to Jupiter's moon Europa, Reuters reports. The NASA mission, known as Europa Clipper, will blast off in October 2024 with the help of Musk's company Space Exploration Technologies Corp. The Europa Clipper is designed to fly past Jupiter's moon Europa 45 times. According to NASA, The Europa Clipper spacecraft will produce high-resolution images of the surface, determine the moon's composition, and scan for geologic activity. SpaceX's 23-story Falcon Heavy, currently the most powerful operational space launch vehicle, flew its first commercial payload into orbit in 2019. In the 2021 budget, NASA got permission to consider commercial alternatives to the agency's Space Launch System. As a result, it began officially looking for a commercial alternative. See more from Benzinga Click here for options trades from Benzinga Bitcoin Sees Bull Market Drawdown, BTC Price May Stay At K "For A While": Report Tesla Launches Full Self Driving Subscription Package At 9 Per Month, Aims To Deliver Level 5 Full Self-Driving System © 2021 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.... - Reddit Posts (Sample): [['u/GentleGhostman', "🚨🚨🚨MAJOR POINTS OF EARNING'S MEATING🚨🚨🚨", 440, '2021-08-10 00:15', 'https://www.reddit.com/r/amcstock/comments/p1bva2/major_points_of_earnings_meating/', "I listened into the call and wrote down as many MAJOR POINTS as I could, here is what I got.\n\nEnjoy the long ass read.\n\n- AMC has raised a total of 4Bil unused liquidity as of last qtr\n\n- Ticket sales up to 45% of what it was before COVID and since 1st QTR\n\n- Capacity has risen to 69% since 1st QTR\n\n(Same statistics for EUROPE as well, but different number 57% and 6(or 5)9%)\n\n- AMC is STILL burning cash, which AA, says isn't bad actually as they're using it to generate and get more movie-goers.\n\n- AMC has NO leveraged debt until 2023(or 4) and won't start building interest until 2026.\n\n- AA pretty muc said fuck you to the Hedgies in an emaculate and refurbished manner, by statingn how Theater has survived CDs, VHS, TVs, Cable, etc.\n\n- AMC is still in a recovering phase. \n\n- Ticket revenue was up 15%, food was up as well. This is due to movie-goers ACTIVELY choosing to buy consecions\n\n- 1.81 Bil is available equity and liquidity\n\n- 85mil burn per month compared to the 115mil per month to get new movies i.e. more money to do things.\n\n- AMC will carefully invest their cash in LONG-TERM investments, stuff like the McGregor fight and football streaming\n\n- AMC will pay only Cash interest to lower debt\n\n- AMC repaid rent on land totaling 58mil\n\n- AMC will work on lowing rent costs\n\n- 2021 net revenue is projected to be, by end of year, 100-110 Mil\n\n- AMC will be purchased two of the highest grossing theaters in LA that will be opening later this month\n\n- AMC has 6 new theaters 3 in LA, 1 Chicago, and 1 in Atlanta, and is in the process of getting 10 more\n\n- AMC theaters are in the top percentile of highest grossing\n\n- AMC is working on a deal with ESPORTS\n\n- AMC is working on showing more sports, football and stuff\n\n- AMC looking into stream gaming\n\n- !!!!!🚨🚨🚨AMC IS GOING TO BE ACCEPTING BITCOIN BY END OF YEAR AND IS GONNA BE SUPPORTING CRYPTOCURRENCY🚨🚨🚨!!!!!\n\n- AMC implementing new payment methods\n\n- 300k shareholders are registered on AMC Connect!!!\n\n- AMC to setup special ADVANCED SCREENING FOR SHAREHOLDERS\n\n- AMC has seen no resistance to increase of ticket prices\n\n- AMC has rights to ALL WARNER BROTHERS FILMS FOR THE YEAR!!!\n\n- AA to recommend that he as CEO as well as the Board of Directors be required to hold AMC equal to at least 8 year his/their salary.\n\n- AA has no sold a single AMC stock for 5 YEARS. Nor is he planning to sell in September when he is allowed to.\n\n- AA is GONNA be 67 in September!!!!!\n\n🚨🚨🚨🚨🚨SAY TECHNOLOGY QUESTIONS 🚨🚨🚨🚨🚨\n\n- 🚨AA to soon give his shares to an individual 3rd party and only a fraction is to be sold. To increase shareholder value.🚨\n\n- 🚨AMC IS NOT GOING TO HAVE A DIVIDEND UNTIL NEXT YEAR AT LEAST UNTIL THEY ARE OUT OF DANGER🚨\n\n- 🚨AMC willing to partner with GME🚨\n\n- 🚨AMC WILL NOT BE HAVING DRIVE IN THEATER NOT A GOOD ECONOMIC INVESTMENT🚨\n\n- AMC to might buy back their debt and pay cash to reduce rent.\n\n- 🚨AMC to continue making deals to obtain EXCLUSIVE theatrical deals and to continue lead and dominate the theatrical field🚨\n\n- 🚨AMC to possibly sell merch!!!!!🚨\n\n- 🚨AMC to stream musicals and concert like the ones they're doing with Chance the Rapper and Halsey 🚨\n\n- 🚨AMC to not have a 🦍🦍🦍 as it's mascot. Nor a mascotin coming years.🚨\n\n- 🚨AMC to possibly make it's own movies, but maybe not as it's risky. AA wanted to sell more shares to raise more capital to entertain these kinds of ideas🚨\n\n- 🚨Sports leagues not wanting to sign deals with streaming live sports, AA wants to secure rights, leagues are being shitheads🚨\n\n- 🚨AA weary of idea of creating full-blown entertainment play place, stuff like laser tag, requires more capital, possible at a later date discussion🚨\n\n🚨SHAREHOLDER QUESTION🚨\n\n???CAN AMCGET BACK TO ITS ORIGINAL STATE???\n\n- 💢(Short Answer Summary)💢 🚨AA says very unsure of prospects, AA says AMC would be more profitable if it did rise back up. AA believes that it SHOULD SLOWLY rise back up, but is uncertain🚨\n\n???Follow-up, Concession sales and ticket prices and such???\n\n- 💢(Short Answer Summary)💢 🚨AA says its up around purchases up 45%, especially with mobile payment and ordering, and with new choices, i.e. nachos, pizzas, etc. This is cause of the customers need to experience the full theater.\n\n!!!END OF CONFERENCE!!!", 'https://www.reddit.com/r/amcstock/comments/p1bva2/major_points_of_earnings_meating/', 'p1bva2', [['u/Grouchy-Ad6952', 30, '2021-08-10 00:17', 'https://www.reddit.com/r/amcstock/comments/p1bva2/major_points_of_earnings_meating/h8c92ob/', 'Great summary, thank you!', 'p1bva2'], ['u/Sparkyy1863', 26, '2021-08-10 00:19', 'https://www.reddit.com/r/amcstock/comments/p1bva2/major_points_of_earnings_meating/h8c9c1y/', 'He can’t as he could and probably would face legal repercussions from anything like that.\n\nYeah I know, it’s a crime to point out a crime.', 'p1bva2'], ['u/GentleGhostman', 13, '2021-08-10 00:25', 'https://www.reddit.com/r/amcstock/comments/p1bva2/major_points_of_earnings_meating/h8ca30m/', "You're welcome🤗", 'p1bva2'], ['u/Abby-Someone1', 14, '2021-08-10 01:09', 'https://www.reddit.com/r/amcstock/comments/p1bva2/major_points_of_earnings_meating/h8cfnkh/', 'A VERY meaty meeting.', 'p1bva2']]], ['u/SeauxAfrican', 'Spencer Dinwiddie Press Conference', 133, '2021-08-10 00:22', 'https://www.reddit.com/r/washingtonwizards/comments/p1bzlk/spencer_dinwiddie_press_conference/', '* Spencer Dinwiddie says when he brings a championship to D.C. he wants his dollar in a hundred pennies [0](https://twitter.com/cmillsnbcs/status/1424856131390873603?s=20)\n* Spencer Dinwiddie says he was moved to come to D.C. both because of GM Tommy Sheppard saying he believed in him during the recruiting pitch and the opportunity to "co-lead" the Wizards with Bradley Beal. "Sometimes, you just want to be loved," [1](https://twitter.com/davidaldridgedc/status/1424856938425331715?s=20)\n* Dinwiddie has done his homework on the roster and is describing how his ability to "wreak havoc" can work with Kuz and Rui attacking closeouts, Gafford as a lob threat, etc.. [2](https://twitter.com/BulletsForever/status/1424857614328926211?s=20)\n* Spencer Dinwiddie on his timeline to return from the ACL injury: "I don\'t see any reason why I won\'t be in the starting lineup for the first game in October." [3](https://twitter.com/ChaseHughesNBCS/status/1424857266822471680?s=20)\n* Spencer Dinwiddie says he\'s been cleared from his ACL rehab, but had not progressed to 5-on-5 because the Nets were eliminated from the playoffs right before he was able to. [3A](https://twitter.com/ChaseHughesNBCS/status/1424856090693574657?s=20)\n* Spencer Dinwiddie says one of the reasons why he chose the Wizards was because him and Bradley Beal are the same age (28), so their primes line up. [4](https://twitter.com/ChaseHughesNBCS/status/1424856248558702600?s=20)\n* Spencer Dinwiddie was asked what kind of communication he had with Bradley Beal before the trade he said, “That’s tampering, what are you talking about?” [5](https://twitter.com/BeccaMVP/status/1424858591987707906?s=20)\n* “I’m a Harry Potter guy.” -Spencer Dinwiddie [6](https://twitter.com/BeccaMVP/status/1424859121317208064?s=20)\n* “I’m familiar with Pope. He was a vet when I played in Detroit.” [7](https://twitter.com/BeccaMVP/status/1424856483817271299?s=20)\n* "My only objective on the floor is to win" [8](https://twitter.com/BulletsForever/status/1424857129152823298?s=20)\n* I\'m not Gilbert, John or Russ... I think I\'ll possibly be the first point guard in D.C. to lobby Senators about Bitcoin. [9](https://twitter.com/ChaseHughesNBCS/status/1424859917412970498?s=20)\n* Spencer Dinwiddie knows his advanced numbers. He mentioned how he\'s "solid" on catch-and-shoot threes, but not off the dribble. In 2019-20, he shot 37.3% on catch-and-shoot 3PTs and 27.7% off the dribble. [10](https://twitter.com/ChaseHughesNBCS/status/1424861010993758212?s=20)', 'https://www.reddit.com/r/washingtonwizards/comments/p1bzlk/spencer_dinwiddie_press_conference/', 'p1bzlk', [['u/GootzMcLaren', 103, '2021-08-10 00:46', 'https://www.reddit.com/r/washingtonwizards/comments/p1bzlk/spencer_dinwiddie_press_conference/h8ccqbd/', 'Honestly, he’s got a good personality for a city like dc. Kinda nerdy. Good fit for a highly educated place. He’s definitely going to start a nonprofit', 'p1bzlk'], ['u/scottyboo12', 55, '2021-08-10 01:01', 'https://www.reddit.com/r/washingtonwizards/comments/p1bzlk/spencer_dinwiddie_press_conference/h8ceqoj/', 'Great write up, OP. Thanks!', 'p1bzlk'], ['u/z3mcs', 15, '2021-08-10 01:05', 'https://www.reddit.com/r/washingtonwizards/comments/p1bzlk/spencer_dinwiddie_press_conference/h8cf88t/', "Looking forward to watching the full video! None of us including the players know what this team is going to look like on court. It's scary!", 'p1bzlk'], ['u/Garfield131415', 45, '2021-08-10 01:09', 'https://www.reddit.com/r/washingtonwizards/comments/p1bzlk/spencer_dinwiddie_press_conference/h8cfpk2/', '“I’m familiar with Pope. He was a vet when I played in Detroit.” \n \nKCP has been a vet since he was 21 lol', 'p1bzlk'], ['u/Ye_Biz', 26, '2021-08-10 01:18', 'https://www.reddit.com/r/washingtonwizards/comments/p1bzlk/spencer_dinwiddie_press_conference/h8cgum1/', '“I think he’s one of the best backup point guards in the league. I never told him this because I was playing against him but I hate when he guards me.”\n\n- Spencer Dinwiddie on Aaron Holiday\n\nFrom [Mayo](https://twitter.com/realquintonmayo/status/1424857646037884935?s=21)', 'p1bzlk'], ['u/Joshottas', 24, '2021-08-10 01:48', 'https://www.reddit.com/r/washingtonwizards/comments/p1bzlk/spencer_dinwiddie_press_conference/h8ckl92/', 'KCP gotta be the only dude in the history of the NBA to play in a sanctioned game with... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
45593.64, 44428.29, 47793.32, 47096.95, 47047.00, 46004.48, 44695.36, 44801.19, 46717.58, 49339.18
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['Bitcoin , BTC to USD, fell by 1.44% on Tuesday. Partially reversing a 5.71% rally from Monday, Bitcoin ended the day at $45,612.0. A mixed start to the day saw Bitcoin rise to an early morning intraday high $46,695.0 before hitting reverse. Falling short of the first major resistance level at $47,550, Bitcoin slid to a late afternoon intraday low $44,635.0. Steering clear of the first major support level at $43,902, however, Bitcoin revisited $45,800 levels before easing back. The near-term bullish trend remained intact, supported by the latest return to $46,000 levels. For the bears, Bitcoin would need a sustained fall through the 62% FIB of $27,237 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was a mixed day on Tuesday. Bitcoin Cash SV (-0.54%), Ethereum (-0.64%), and Litecoin (-0.52%) joined Bitcoin in the red. It was a bullish day for the rest of the majors, however. Cardano’s ADA rallied by 13.74% to lead the way, with Binance Coin (+4.96%) and Ripple’s XRP (+4.31%) also making solid gains. Chainlink (+1.43%), Crypto.com Coin (+0.45%), and Polkadot (+1.71%) trailed the front runners, however. Early in the week, the crypto total market fell to a Monday low $1,696bn before rising to a Tuesday high $1,897bn. At the time of writing, the total market cap stood at $1,848bn. Bitcoin’s dominance rose to a Monday high 47.44% before falling to a Tuesday low 46.27%. At the time of writing, Bitcoin’s dominance stood at 46.43%. This Morning At the time of writing, Bitcoin was up by 0.14% to $45,676.0. A mixed start to the day saw Bitcoin fall to an early morning low $45,486.0 before rising to a high $45,687.0. Bitcoin left the major support and resistance levels untested early on. Elsewhere, it was a bullish start to the day. At the time of writing, Crypto.com Coin was up by 1.79% to lead the way. For the Bitcoin Day Ahead Bitcoin would need to avoid a fall back through the $45,647 pivot to bring the first major resistance level at $46,660 into play. Story continues Support from the broader market would be needed for Bitcoin to break back through to $46,000 levels. Barring a broad-based crypto rally, the first major resistance level and Tuesday’s high $46,695.0 would likely cap any upside. In the event of an extended crypto rally, Bitcoin could test resistance at $48,000 before any pullback. The second major resistance level sits at $47,707. Failure to move through the $45,647 pivot would bring the first major support level at $44,600 into play. Barring an extended sell-off on the day, Bitcoin should steer clear of sub-$43,000 levels. The second major support level at $43,587 should limit the downside. This article was originally posted on FX Empire More From FXEMPIRE: Silver Price Prediction – Prices Slip Ahead of U.S. Inflation Data Moderna To Build A Covid Vaccine Manufacturing Plant In Canada U.S Inflation, FOMC Member Chatter, and COVID-19 Keeps the Dollar in the Spotlight Dogecoin – Daily Tech Analysis – August 11th, 2021 USD/CAD Exchange Rate Prediction – The Loonie Edges Higher Ahead of US Inflation Data E-mini NASDAQ-100 Index (NQ) Futures Technical Analysis – Weakens Under 14973.25, Strengthens Over 15083.50', 'Bitcoin, BTC to USD, fell by 1.44% on Tuesday. Partially reversing a 5.71% rally from Monday, Bitcoin ended the day at $45,612.0.\nA mixed start to the day saw Bitcoin rise to an early morning intraday high $46,695.0 before hitting reverse.\nFalling short of the first major resistance level at $47,550, Bitcoin slid to a late afternoon intraday low $44,635.0.\nSteering clear of the first major support level at $43,902, however, Bitcoin revisited $45,800 levels before easing back.\nThe near-term bullish trend remained intact, supported by the latest return to $46,000 levels. For the bears, Bitcoin would need a sustained fall through the 62% FIB of $27,237 to form a near-term bearish trend.\nAcross the rest of the majors, it was a mixed day on Tuesday.\nBitcoin Cash SV(-0.54%),Ethereum(-0.64%), andLitecoin(-0.52%) joined Bitcoin in the red.\nIt was a bullish day for the rest of the majors, however.\nCardano’s ADArallied by 13.74% to lead the way, withBinance Coin(+4.96%) andRipple’s XRP(+4.31%) also making solid gains.\nChainlink(+1.43%),Crypto.com Coin(+0.45%), and Polkadot (+1.71%) trailed the front runners, however.\nEarly in the week, the crypto total market fell to a Monday low $1,696bn before rising to a Tuesday high $1,897bn. At the time of writing, the total market cap stood at $1,848bn.\nBitcoin’s dominance rose to a Monday high 47.44% before falling to a Tuesday low 46.27%. At the time of writing, Bitcoin’s dominance stood at 46.43%.\nAt the time of writing, Bitcoin was up by 0.14% to $45,676.0. A mixed start to the day saw Bitcoin fall to an early morning low $45,486.0 before rising to a high $45,687.0.\nBitcoin left the major support and resistance levels untested early on.\nElsewhere, it was a bullish start to the day.\nAt the time of writing, Crypto.com Coin was up by 1.79% to lead the way.\nBitcoin would need to avoid a fall back through the $45,647 pivot to bring the first major resistance level at $46,660 into play.\nSupport from the broader market would be needed for Bitcoin to break back through to $46,000 levels.\nBarring a broad-based crypto rally, the first major resistance level and Tuesday’s high $46,695.0 would likely cap any upside.\nIn the event of an extended crypto rally, Bitcoin could test resistance at $48,000 before any pullback. The second major resistance level sits at $47,707.\nFailure to move through the $45,647 pivot would bring the first major support level at $44,600 into play.\nBarring an extended sell-off on the day, Bitcoin should steer clear of sub-$43,000 levels. The second major support level at $43,587 should limit the downside.\nThisarticlewas originally posted on FX Empire\n• Silver Price Prediction – Prices Slip Ahead of U.S. Inflation Data\n• Moderna To Build A Covid Vaccine Manufacturing Plant In Canada\n• U.S Inflation, FOMC Member Chatter, and COVID-19 Keeps the Dollar in the Spotlight\n• Dogecoin – Daily Tech Analysis – August 11th, 2021\n• USD/CAD Exchange Rate Prediction – The Loonie Edges Higher Ahead of US Inflation Data\n• E-mini NASDAQ-100 Index (NQ) Futures Technical Analysis – Weakens Under 14973.25, Strengthens Over 15083.50', 'RADNOR, PA / ACCESSWIRE / August 10, 2021 /The law firm of Kessler Topaz Meltzer & Check, LLP announces that a securities fraud class action lawsuit has been filed in the United States District Court for the Northern District of California against Coinbase Global Inc. (NASDAQ:COIN) ("Coinbase") on behalf of those who purchased or acquired CoinbaseClass A common stock pursuant and/or traceable to the registration statement and prospectus (collectively, the "Offering Materials") for the resale of up to 114,850,769 shares of its Class A common stock, whereby Coinbase began trading as a public company on or around April 14, 2021 (the "Offering").\nDeadline Reminder: Investors who purchased or acquired Coinbase Class A common stockpursuant and/or traceable to the Offering may,no later than September 20, 2021, seek to be appointed as a lead plaintiff representative of the class. For additional information or to learn how to participate in this litigation please contact Kessler Topaz Meltzer & Check, LLP: James Maro, Esq. (484) 270-1453; toll free at (844) 887-9500; via e-mail [email protected];orclickhttps://www.ktmc.com/coinbase-global-class-action-lawsuit?utm_source=PR&utm_medium=Link&utm_campaign=coinbase\nAccording to the complaint, Coinbase "powers the cryptoeconomy," offering a "trusted platform" for sending and receiving Bitcoin and other digital assets built using blockchain technology to approximately 43 million retail users, 7,000 institutions, and 115,000 ecosystem partners in over 100 countries.\nOn April 14, 2021, Coinbase filed its prospectus on a Form 424B4, which forms part of the registration statement. Coinbase registered for the resale of up to 114,850,769 shares of its Class A common stock by registered shareholders. Coinbase\'s operations would continue to be financed with cash flow from operating activities and net proceeds from the sale of convertible preferred stock.\nThe complaint alleges that one month later, the high-flying promise of Coinbase came to a screaming halt, as Coinbase conceded the need to raise capital and revealed performance issues that prevented users\' ability to trade cryptocurrencies. On May 17, 2021, Coinbase announced its plans to raise about $1.25 billion via a convertible bond sale. Then, on May 19, 2021, Coinbase revealed technical problems, including "delays . . . due to network congestion" affecting those who want to get their money out.\nFollowing this news, Coinbase\'s share price fell $23.44 per share, nearly 10%, over two consecutive trading sessions, to close at $224.80 per share on May 19, 2021. By the time the complaint was filed, Coinbase stock traded as low as $208.00 per share, a decline from its April 14, 2021 opening price of $381.00 per share.\nThe complaint alleges that the Offering Materials were false and misleading and omitted to state that, at the time of the Offering: (1) Coinbase required a sizeable cash injection; (2) Coinbase\'s platform was susceptible to service-level disruptions, which were increasingly likely to occur as Coinbase scaled its services to a larger user base; and (3) as a result of the foregoing, the defendants\' positive statements about Coinbase\'s business, operations, and prospects, were materially misleading and/or lacked a reasonable basis.\nCoinbase investors may,no later than September 20, 2021, seek to be appointed as a lead plaintiff representative of the class through Kessler Topaz Meltzer & Check, LLP or other counsel, or may choose to do nothing and remain an absent class member. A lead plaintiff is a representative party who acts on behalf of all class members in directing th **Last 60 Days of Bitcoin's Closing Prices:** [35552.52, 39097.86, 40218.48, 40406.27, 38347.06, 38053.50, 35787.25, 35615.87, 35698.30, 31676.69, 32505.66, 33723.03, 34662.44, 31637.78, 32186.28, 34649.64, 34434.34, 35867.78, 35040.84, 33572.12, 33897.05, 34668.55, 35287.78, 33746.00, 34235.20, 33855.33, 32877.37, 33798.01, 33520.52, 34240.19, 33155.85, 32702.03, 32822.35, 31780.73, 31421.54, 31533.07, 31796.81, 30817.83, 29807.35, 32110.69, 32313.11, 33581.55, 34292.45, 35350.19, 37337.54, 39406.94, 39995.91, 40008.42, 42235.55, 41626.20, 39974.89, 39201.95, 38152.98, 39747.50, 40869.55, 42816.50, 44555.80, 43798.12, 46365.40, 45585.03] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2021-08-11 **Financial & Commodity Data:** - Gold Closing Price: $1750.40 - Crude Oil Closing Price: $69.25 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $867,925,302,603 - Hash Rate: 105931446.20976518 - Transaction Count: 262437.0 - Unique Addresses: 631031.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.70 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Tanzania’s President Samia Suluhu Hassan said her country should prepare for the greater adoption of cryptocurrencies. In a speech in Mwanza on Sunday, President Suluhu told the country’s financial chiefs to prepare for cryptocurrency. She also declared that the age of crypto and blockchain was dawning, urging her country to lead by example. “We have witnessed the emergence of a new journey through the internet,” she stated. However, she also noted that many “have not accepted or started using these routes”. Signaling cryptocurrencies as the future of finance, she urged the Central Bank to “start working on that development.”. She added that it should “be ready for the changes and not be caught unprepared.”. These overtures implicitly indicate that the Central Bank could start work on a central bank digital currency (CBDC). National adoption These remarks come on the heels of El Salvador adopting bitcoin as legal tender, as more countries around the world increasingly accept cryptocurrencies. El Salvador President Nayib Bukele initially spoke about the benefits of adopting bitcoin, during the recent Bitcoin conference in Miami. These included an increase in jobs and boosted investment in El Salvador. Shortly thereafter on June 9, President Bukele submitted a bill that would recognize bitcoin as legal tender in the country. The bill then passed, making El Salvador the first country in the world to recognize bitcoin as legal tender. With the adoption underway, President Bukele announced that he would use energy from volcanoes to power bitcoin mining. Usage in Africa Meanwhile, back in Africa, P2P bitcoin trading volumes grew 50% year-on-year in May, totaling at over $17 million in volume. Over the past six months, most African nations have shown a 15-to-30% increase in bitcoin trading volume. For reference, North America actually experienced an 18% drop in trading volume. However, while North America remains the most active, P2P trading volume is growing the fastest in Africa.... - Reddit Posts (Sample): [['u/deltamoney', 'ADA - Just bought Cardano and have some questions?', 41, '2021-08-11 00:07', 'https://www.reddit.com/r/CoinBase/comments/p1zhrk/ada_just_bought_cardano_and_have_some_questions/', 'Hello Everyone!\n\nSince ADA is goin\' strong at the moment I figured I would share an FAQ. So you just bought ADA! Awesome! Welcome to the Cardano community! You\'ve heard about staking to get more ADA and generating passive ADA. I run a pool, \\[DARK\\] [www.ada-darkpool.com](https://www.ada-darkpool.com/) and I wanted to put down some common questions that I get from people that might help you out on your journey! So, Here is a cheat sheet for Cardano and staking! \n\n\n**Key Terms:** \n\\- **Staking** \\- When you "delegate" to a pool. You get passive income. About 5% \n\\- **Delegating** \\- When you join a pool \n\\- **Stake** **Pool** \\- A pool that processes the blockchain that you can join and share in the rewards \n\\- **Native Asset/Token** \\- A token/NFT that is native to Cardano and needs no smart contract to work. \n\\- **Epoch** (Epik, E-Poke, epooch) - Epochs are 5 days and at the change over to the next, there\'s lots of math, things are calculated, and staking rewards are distributed. \n\n\n**Cardano is proof of stake. What does that mean?**\n\nIt means that ADA is not mined like Bitcoin where everyone is racing to have the biggest, fastest computer. ADA is "staked" with a stake pool. The more stake a pool has up to the saturation point of just under 64 million, the higher the chances the pool will win a block.\n\nStaking or delegating your ADA to a pool is a core feature of how Cardano works.\n\n**What are Catalyst Funds / Voting??**\n\nSo possibly the coolest part of Cardano, is that if you have over 500 ADA, you can vote. You heard that right. **You are literally a Cardano Citizen.** You have a voice in the future of Cardano. How cool is that! Basically there are rounds of projects you can vote on that will be funded with ADA. There are hundreds of projects that get funded out of the treasury. Its really something awesome.\n\n**What is a stake pool?**\n\nA stake pool is where YOU, the Cardano owner, can delegate your ADA and generate, on average, 5% a year ADA. They are run buy Stake Pool Operators who maintain the servers, keep them up to date, and possibly have a cool little community you can be apart of.\n\n**How do I stake my ADA?**\n\nYou can stake your ADA using the **official Cardano Wallets**. You **need** these official wallets to stake your ADA. When you stake your ADA on an exchange, in essence you are automatically staking in their stake pools. This is not good for the network as it centralizes stake with the exchanges.\n\nDaedalus (Full Wallet): [https://daedaluswallet.io/](https://daedaluswallet.io/)\n\nYoroi (Light Wallet and Mobile): [https://yoroi-wallet.com/#/](https://yoroi-wallet.com/#/)\n\n* ***You are always 100% the owner, controller, and lord of your ADA. It never leaves your wallet. You are basically just telling the network which pool you support. Think of it like casting a vote.*** \n\n\nAll of these wallets have a "Staking"/Delegation tab. From there you can join a pool.\n\n**How do stake pools operate?**\n\nPeople in the community operate the pools. They are called Stake Pool Operators, or SPOs. The pools provide the reliable and stable processing and computing power for the network. We want the network to be reliable and distributed globally.\n\n**What is an epoch?**\n\nCardano operates on time intervals called epochs, about 5 days. Every epoch, things are summed up, calculated, and onto the next one. Your staking rewards and delegation operate on these epochs as well. **It takes 3 epochs for your rewards to start generating returns.**\n\n**I Just delegated and I have not seen any Rewards**\n\nWhen you initially delegate, it will take 15-20 days until you first receive rewards, depending on your pool\'s performance. You will continue to receive rewards every 5 days thereafter. Think of it like stock dividends. You don\'t get paid immediately when you buy the stock. You have to wait for the record date, then the actual dividend payout date. This is part of what is happening with the epoch change.\n\n**I joined a small pool and I have not seen rewards.**\n\nFirst, thanks for taking the time and chance to join a small pool! Small pools are not guaranteed to produce a block every epoch. However, the return is about a 5% yearly average. So it might not be assigned a block this epoch, but maybe it will get two blocks next epoch. Small pools produce "lumpy" returns. Because of this, you might get more return than the average with smaller pools. Larger pools will generate more consistent blocks, but will converge on the average more.\n\n**What is pool saturation?**\n\nTo encourage network and pool diversity, there is a mechanism built into the network called saturation. Right now it\'s just under 64 million ADA. (subject to change) If a pool gets saturated, the payout decreases. This is to promote people joining other pools and discourages massive single centralized pools. It is up to **YOU** to check on your pool and make sure it is not saturated and it is YOUR responsibility to move to another pool. Recently, there have been stories of pools that are on the top of pool lists to get saturated very quickly. We may be talking about a matter of days or weeks now since ADA is getting popular.\n\n**I see there are fees on the pools. What are these fees?**\n\nPools have two types of fees. There is a fixed fee, which has a global minimum of 340 ADA and there is a margin percentage. Fixed + Margin % = Total Fee. Running a pool takes time and expertise. There needs to be an economic incentive, just like in Bitcoin mining, to run a secure and always available pool. That\'s because pools are running the network!\n\n* **These fees ONLY come out of the total reward for the epoch -- NEVER YOUR WALLET.**\n* If a pool generates 2000 in ADA for blocks, the payout to delegates would be 2000 - Fixed - (2000 \\* % Margin).\n\n**Sites With More Pool Information:**\n\n* [PoolTool](https://pooltool.io/)\n* [Adapools](https://adapools.org/)\n* [ADAex](https://adaex.org/)\n* [Cardanoscan](https://cardanoscan.io/)\n* [AdaTools](https://adatools.io/)\n* [Pool.pm](https://pool.pm/)\n* [PoolStats](https://poolstats.org/)\n* [PoolPeek](https://poolpeek.com/)\n\nCheck out the ELI5 Cardano Subreddit: [https://www.reddit.com/r/Cardano\\_ELI5/](https://www.reddit.com/r/Cardano_ELI5/)\n\nCheck out the Cardano Subreddit: [https://www.reddit.com/r/cardano/](https://www.reddit.com/r/cardano/)\n\nCheck out The Stakepool subredit: [https://www.reddit.com/r/CardanoStakePools/](https://www.reddit.com/r/CardanoStakePools/)\n\nIf you have any questions, please ask! If you want to find out more about what I do, Visit the site over at [www.ada-darkpool.com](https://www.ada-darkpool.com/). We have a discord, come join and hang out. We are Carbon-negative and make regular donations to charity! There are plenty of other cool pools to check out too. Most pool owners (especially small pool owners) are very nice and willing to help. Each pool has its "thing" and it\'s fun to check them all out.', 'https://www.reddit.com/r/CoinBase/comments/p1zhrk/ada_just_bought_cardano_and_have_some_questions/', 'p1zhrk', [['u/fx9TMK', 12, '2021-08-11 02:15', 'https://www.reddit.com/r/CoinBase/comments/p1zhrk/ada_just_bought_cardano_and_have_some_questions/h8h5aed/', 'I’m happy to see a post about cryptocurrency and not about someone that was gambling using their CB wallet and are mad their account was restricted and now they are calling CB a scam site.', 'p1zhrk']]], ['u/ArticMine', 'The US Infrastructure Bill and why it does not affect Monero miners, node operators etc.', 43, '2021-08-11 00:14', 'https://www.reddit.com/r/Monero/comments/p1zmad/the_us_infrastructure_bill_and_why_it_does_not/', 'Here is a link to the proposed legislation https://www.epw.senate.gov/public/_cache/files/e/a/ea1eb2e4-56bd-45f1-a260-9d6ee951bc96/F8A7C77D69BE09151F210EB4DFE872CD.edw21a09.pdf. Many thanks to npr.org, who unlike commercial publishers obsessed with eyeballs and advertising revenue actually he provide a link to the actual legislation. The section related to Digital Assets is \n\n&gt; SEC. 80603. INFORMATION REPORTING FOR BROKERS AND DIGITAL ASSETS. \n\nstarting on page 2433. What has everyone up in arms is the very broad definition of "Broker" in sub paragraph (D) page 2434\n\n&gt; any person who (for consideration) is responsible for regularly providing any service effectuating transfers of digital assets on behalf of another person.\n\nThis is insanely broad and includes POW miners and also many node operators. What is not discussed is the specificity in the actual reporting requirements on page 2436\n\n&gt;RETURN REQUIREMENT FOR CERTAIN TRANSFERS OF DIGITAL ASSETS NOT OTHERWISE SUBJECT TO REPORTING.\n\n&gt; Any broker, with respect to any transfer (which is not part of a sale or exchange executed by such broker) during a calendar year of a covered security which is a digital asset from an account maintained by such broker to an account which is not maintained by, or an address not associated with, a person that such broker knows or has reason to know is also a broker, shall make a return for such calendar year, in such form as determined by the Secretary, showing the information otherwise required to be furnished with respect to transfers subject to subsection (a). \n\nIn other words:\n\nIt has to be a "covered security" so this does not affect Monero, or Bitcoin for example. \n\nIt has to be on "from an account maintained by such broker"\n\nMy take is that atomic swaps between XMR and BTC would not be affected by this. What is likely affected is stable coins since y their very nature are securities. I see Ethereum also in the cross hai... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
44428.29, 47793.32, 47096.95, 47047.00, 46004.48, 44695.36, 44801.19, 46717.58, 49339.18, 48905.49
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['September E-mini S&P 500 Index futures finished higher on Wednesday after inflation jumped, but not by quite as much as investors feared when stripping out volatile food and energy prices.\nJuly’sConsumer Price Index (CPI)released Wednesday showed prices jumped 5.4% since last year, compared to expectations of 5.3%, according to economists surveyed by Dow Jones. The government said CPI increased 0.5% in July on month-to-month basis.\nOn Wednesday,September E-mini S&P 500 Indexfutures settled at 4440.50, up 10.50 or +0.24%.\nThe market moving news was thecore rate of inflation, which could signal inflation will remain tempered and the economy will remain strong. CPI, excluding energy and food prices, rose by 0.3% last month, below the 0.4% increase expected. Core prices still jumped 4.3% on a year-over-year basis.\nThe main trend is up according to the daily swing chart. A trade through 4443.25 will reaffirm the uptrend. A move through 4224.00 will change the main trend to down.\nThe minor trend is also up. A trade through 4412.25 will change the minor trend to down. This will also shift momentum to the downside.\nThe minor range is 4364.75 to 4443.25. Its 50% level or pivot at 4404.00 is the nearest support.\nThe short-term range is 4224.00 to 4443.25. If the minor trend changes to down then look for a pullback into its retracement zone at 4333.50 to 4307.75.\nThe direction of the September E-mini S&P 500 Index early Thursday will be determined by trader reaction to the pivot at 4404.00.\nA sustained move over 4404.00 will indicate the presence of buyers. Taking out 4443.25 will indicate the buying is getting stronger. This could trigger an acceleration to the upside if the buying volume is strong enough.\nA sustained move under 4404.00 will signal the presence of sellers. If this move creates enough downside momentum then look for the selling to possibly extend into the minor bottom at 4364.75, followed by the short-term retracement zone at 4333.50 to 4307.75.\nFor a look at all of today’s economic events, check out oureconomic calendar.\nThisarticlewas originally posted on FX Empire\n• Dogecoin – Daily Tech Analysis – August 12th, 2021\n• Gold Price Prediction – Prices Rebound on Core CPI Decelleration\n• EOS, Stellar’s Lumen, and Tron’s TRX – Daily Analysis – August 12th, 2021\n• Natural Gas Price Prediction – Prices Slip Despite Emergence of Tropical Storm Fred\n• Bulls Moves Stall As Neuberger Berman Joins Bitcoin\n• Gold Price Futures (GC) Technical Analysis – Look for Sellers on Test of $1757.70 – $1776.50 Retracement Zone', 'September E-mini S&P 500 Index futures finished higher on Wednesday after inflation jumped, but not by quite as much as investors feared when stripping out volatile food and energy prices. July’s Consumer Price Index (CPI) released Wednesday showed prices jumped 5.4% since last year, compared to expectations of 5.3%, according to economists surveyed by Dow Jones. The government said CPI increased 0.5% in July on month-to-month basis. On Wednesday, September E-mini S&P 500 Index futures settled at 4440.50, up 10.50 or +0.24%. The market moving news was the core rate of inflation , which could signal inflation will remain tempered and the economy will remain strong. CPI, excluding energy and food prices, rose by 0.3% last month, below the 0.4% increase expected. Core prices still jumped 4.3% on a year-over-year basis. Daily September E-mini S&P 500 Index Daily Swing Chart Technical Analysis The main trend is up according to the daily swing chart. A trade through 4443.25 will reaffirm the uptrend. A move through 4224.00 will change the main trend to down. The minor trend is also up. A trade through 4412.25 will change the minor trend to down. This will also shift momentum to the downside. The minor range is 4364.75 to 4443.25. Its 50% level or pivot at 4404.00 is the nearest support. The short-term range is 4224.00 to 4443.25. If the minor trend changes to down then look for a pullback into its retracement zone at 4333.50 to 4307.75. Daily Swing Chart Technical Forecast The direction of the September E-mini S&P 500 Index early Thursday will be determined by trader reaction to the pivot at 4404.00. Bullish Scenario A sustained move over 4404.00 will indicate the presence of buyers. Taking out 4443.25 will indicate the buying is getting stronger. This could trigger an acceleration to the upside if the buying volume is strong enough. Bearish Scenario A sustained move under 4404.00 will signal the presence of sellers. If this move creates enough downside momentum then look for the selling to possibly extend into the minor bottom at 4364.75, followed by the short-term retracement zone at 4333.50 to 4307.75. For a look at all of today’s economic events, check out our economic calendar . This article was originally posted on FX Empire More From FXEMPIRE: Dogecoin – Daily Tech Analysis – August 12th, 2021 Gold Price Prediction – Prices Rebound on Core CPI Decelleration EOS, Stellar’s Lumen, and Tron’s TRX – Daily Analysis – August 12th, 2021 Natural Gas Price Prediction – Prices Slip Despite Emergence of Tropical Storm Fred Bulls Moves Stall As Neuberger Berman Joins Bitcoin Gold Price Futures (GC) Technical Analysis – Look for Sellers on Test of $1757.70 – $1776.50 Retracement Zone View comments', 'It was a particularly quiet start to the day on theeconomic calendarthis morning. There were no major stats for the majors to consider, leaving the markets to respond to the overnight inflation figures from the U.S.\nAt the time of writing, theJapanese Yenwas up 0.08% to ¥110.340 against the U.S Dollar, while theKiwi Dollarwas down by 0.09% to $0.7036. TheAussie Dollarwas down by 0.07% to $0.7369.\nIt’s another relatively quiet day ahead on the economic data front. Industrial production figures for the Eurozone will be in focus later today.\nIn spite of some disappointing numbers from German last week, a fall would weigh on the EUR.\nAt the time of writing, theEURwas up by 0.01% to $1.1740.\nIt’s a particularly busy day ahead on theeconomic calendar. Prelim 2ndquarter GDP numbers are due out along with industrial and manufacturing production figures.\nExpect the 2ndquarter GDP and manufacturing production figures to be the key stats of the day.\nBusiness inventory numbers and trade data are also due out but should have a limited impact on the Pound.\nAt the time of writing, thePoundwas up by 0.01% to $1.3870.\nIt’s a relatively busy day ahead on the economic calendar.\nWholesale inflation and weekly jobless claims will be the key stats of the day.\nIn the wake of the impressive nonfarm payroll figures, a marked fall in claims would support a Dollar breakout. Inflation figures from Thursday have delivered some uncertainty for the markets on what lies ahead for the FED. An impressive fall in jobless claims would reignite talk of a near-term move by the FED.\nAt the time of writing, the U.S Dollar Spot Index was down by 0.04% to 92.8880.\nIt’s yet another particularly quiet day on the economic calendar. There are no material stats due out of Canada to provide the Loonie with direction.\nThe lack of stats will leave the Loonie in the hands of market risk sentiment and the IEA’s monthly report on the day.\nAt the time of writing, theLooniewas down by 0.06% to C$1.2512 against the U.S Dollar.\nFor a look at all of today’s economic events, check out oureconomic calendar.\nThisarticlewas originally posted on FX Empire\n• Ethereum, Litecoin, and Ripple’s XRP – Daily Tech Analysis – August 12th, 2021\n• Natural Gas Price Prediction – Prices Slip Despite Emergence of Tropical Storm Fred\n• A Busier Economic Calendar Puts the EUR, the Pound, and the Greenback in Focus\n• EOS, Stellar’s Lumen, and Tron’s TRX – Daily Analysis – August 12th, 2021\n• GBP/USD Daily Forecast – Test Of Support At 1.3860\n• Bulls Moves Stall As Neuberger Berman Joins Bitcoin', 'Earlier in the Day: It was a particularly quiet start to the day on the economic calendar this morning. There were no major stats for the majors to consider, leaving the markets to respond to the overnight inflation figures from the U.S. The Majors At the time of writing, the Japanese Yen was up 0.08% to ¥110.340 against the U.S Dollar, while the Kiwi Dollar was down by 0.09% to $0.7036. The Aussie Dollar was down by 0.07% to $0.7369. The Day Ahead For the EUR It’s another relatively quiet day ahead on the economic data front. Industrial production figures for the Eurozone will be in focus later today. In spite of some disappointing numbers from German last week, a fall would weigh on the EUR. At the time of writing, the EUR was up by 0.01% to $1.1740. For the Pound It’s a particularly busy day ahead on the economic calendar . Prelim 2 nd quarter GDP numbers are due out along with industrial and manufacturing production figures. Expect the 2 nd quarter GDP and manufacturing production figures to be the key stats of the day. Business inventory numbers and trade data are also due out but should have a limited impact on the Pound. At the time of writing, the Pound was up by 0.01% to $1.3870. Across the Pond It’s a relatively busy day ahead on the economic calendar. Wholesale inflation and weekly jobless claims will be the key stats of the day. In the wake of the impressive nonfarm payroll figures, a marked fall in claims would support a Dollar breakout. Inflation figures from Thursday have delivered some uncertainty for the markets on what lies ahead for the FED. An impressive fall in jobless claims would reignite talk of a near-term move by the FED. At the time of writing, the U.S Dollar Spot Index was down by 0.04% to 92.8880. For the Loonie It’s yet another particularly quiet day on the economic calendar. There are no material stats due out of Canada to provide the Loonie with direction. The lack of stats will leave the Loonie in the hands of market risk sentiment and the IEA’s monthly report on the day. Story continues At the time of writing, the Loonie wa **Last 60 Days of Bitcoin's Closing Prices:** [39097.86, 40218.48, 40406.27, 38347.06, 38053.50, 35787.25, 35615.87, 35698.30, 31676.69, 32505.66, 33723.03, 34662.44, 31637.78, 32186.28, 34649.64, 34434.34, 35867.78, 35040.84, 33572.12, 33897.05, 34668.55, 35287.78, 33746.00, 34235.20, 33855.33, 32877.37, 33798.01, 33520.52, 34240.19, 33155.85, 32702.03, 32822.35, 31780.73, 31421.54, 31533.07, 31796.81, 30817.83, 29807.35, 32110.69, 32313.11, 33581.55, 34292.45, 35350.19, 37337.54, 39406.94, 39995.91, 40008.42, 42235.55, 41626.20, 39974.89, 39201.95, 38152.98, 39747.50, 40869.55, 42816.50, 44555.80, 43798.12, 46365.40, 45585.03, 45593.64] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2021-08-12 **Financial & Commodity Data:** - Gold Closing Price: $1749.00 - Crude Oil Closing Price: $69.09 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $852,022,678,500 - Hash Rate: 108813934.5420037 - Transaction Count: 250961.0 - Unique Addresses: 605994.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.70 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: DEL MAR, CA / ACCESSWIRE / July 30, 2021 / HERMESUS, LLC, a recognized blockchain technology company within the global markets, today announced that it has signed an agreement with California-based venture capital firm First Level Capital to initiate its Series A round financing during the official launch of its cryptocurrency exchange "HERMESUS". Cryptocurrency traders will now be able to register and trade securely at highly competitive rates by visiting www.Hermesus.com . A picture containing iconDescription automatically generated TextDescription automatically generated After three years of development, Hermesus is raising outside capital at a valuation of $50 million to help further expand its digital assets trading platform. Following the Series A round closing, Hermesus anticipates allocating an initial tranche of $2.5 million dollars among development, marketing, and operations to take the Hermesus exchange and future NFT marketplace to the next level. Graphical user interfaceDescription automatically generated 'We recently soft launched the Hermesus exchange, opening it to new client trading accounts in July. This raise is designed to help us accelerate our development and take it to a level that far surpasses what we would be able to attain via organic growth," stated Colin Breeze, managing director at Hermesus. "The closing of this initial financing round will now enable us to build out our sales, compliance, development and client care teams. With new capital from our institutional investors, we will be well-positioned to further enhance our platform while at the same time forge new relationships and strategic partnerships to offer a broader range of asset coverage and trading services", added Breeze. Graphical user interfaceDescription automatically generated "With the recent frenzy of fundraising and private equity rolling into the blockchain and crypto arena, and several new public offerings pending with new exchanges, First Level Capital is very excited to be first in with Hermesus and their management team," stated B. Michael Friedman, managing partner for First Level Capital. "We believe Hermesus is well positioned with their proprietary IP, banking relationships, and regulatory compliance to deliver a superior exchange relationship for both seasoned crypto traders as well as new investors seeking their first experience as owning and trading their digital assets of choice." Story continues Recent case studies on digital asset exchange reliability suggest a market opportunity for a compliant, secure, US-based offering. In particular, Digital Asset Research (DAR), a leading provider of crypto market analysis, recently announced the release of its July 2021 Crypto Exchange Vetting and Asset Vetting results. DAR's vetting processes meet an industry-wide need for reliable crypto data by applying institutional-level diligence to digital asset markets in an environment where cryptocurrencies trade across hundreds of lightly regulated or unregulated exchanges. DAR evaluated over 450 exchanges to identify only 23 "Vetted Exchanges": B2BX, Binance.us, bitbank, Bitfinex, bitFlyer, BITFRONT, Bitso, Bitstamp, Bittrex, CEX.IO, Coinbase, Coincheck, CoinField, Gemini, GMO Coin Co., itBit, Kraken, Liquid, LMAX, Luno, Okcoin, VCC Exchange, and Zaif. Only a handful of Vetted Exchanges operate on US territory. In addition, DAR has seventeen exchanges on their Watchlist for potential future inclusion on the Vetted Exchanges list: BHEX (formerly HBTC), Bidesk, Binance, Bitcoin.com, BitOffer, CoinEx, CoinTiger, DCoin, FTX, BKEX, Gate.io, Huobi, LATOKEN, OceanEx, Phemex, Poloniex, and ZB.com. Bitrue was recently removed from the DAR Watchlist due to not meeting quantitative diligence. The Hermesus crypto assets trading platform has been built from the ground up, leveraging cutting-edge proprietary software and an intuitive user interface, purpose-built for compliance and digital asset protection. Hermesus offers a wide range of digital currency pairs, including Bitcoin (BTC), Ethereum (ETH), and Dogecoin (DOGE), among others. About First Level Capital First Level Capital is an active early-stage venture investor with core focus on FinTech and blockchain based start-ups. We invest globally in digital assets and equity at Seed to Series A stages. Most of our current portfolio are fintech projects out of Canada, Western Europe and The United States. Recent investments by firm members and partners include Instacart, Kraken and Klarna. About Hermesus LLC Hermesus LLC is a blockchain technology company with deep experience in digital asset trading. After setting up multiple international exchanges, the Company launched a US-based, professional, convenient, and innovative digital asset financial service platform to expand into the upstream and the downstream of blockchain and cryptocurrency industry value chain. With the launch of digital currency exchange Hermesus.com, the Company seeks to expand its business lines such as custody, staking, and its NFT Marketplace, which together could account for 50% or more of Hermesus' future revenues. For more information, please visit www.Hermesus.com . Contact: [email protected] The Hermesus offering is available to accredited investors in reliance on Rule 506(c) of Regulation D and qualified non-US investors in reliance on Regulation S under the Securities Act of 1933. Under Rule 506(c), general solicitation of offerings is permitted; however, purchasers in a Rule 506(c) offering must be 'accredited investors.' This press release does not constitute an offer to sell nor a solicitation of an offer to buy any securities in any jurisdiction in which such an offer or solicitation is not authorized and does not constitute an offer within any jurisdiction to any person to whom such an offer would be unlawful. The securities have not been registered under the Securities Act, or any state securities laws and may not be offered or sold in the United States absent registration or applicable exemption from the registration requirements under the Act and applicable state securities laws. Safe Harbor Statement This press release contains forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements include, without limitation, the Company's development plans and business outlook, which can be identified by terminology such as "may," "will," "expects," "anticipates," "aims," "potential," "future," "intends," "plans," "believes," "estimates," "continue," "likely to" and other similar expressions. Such statements are not historical facts, and are based upon the Company's current beliefs, plans and expectations, and the current market and operating conditions. Forward-looking statements involve inherent known or unknown risks, uncertainties and other factors, all of which are difficult to predict and many of which are beyond the Company's control, which may cause the Company's actual results, performance and achievements to differ materially from those contained in any forward-looking statement. Further information regarding these and other risks, uncertainties or factors is included in the Company's filings with the U.S. Securities and Exchange Commission. These forward-looking statements are made only as of the date indicated, and the Company undertakes no obligation to update or revise the information contained in any forward-looking statements as a result of new information, future events or otherwise, except as required under applicable law. There is no guarantee that the Company's operation of its cryptocurrency exchange will improve the Company's financial performance or results of operations. Shareholders are cautioned not to place undue reliance on this press release, or the forward-looking statements contained herein. SOURCE: Hermesus.com View source version on accesswire.com: https://www.accesswire.com/657739/New-Hermesuscom-Crypto-Exchange-Announces-Agreement-with-First-Level-Capital-and-Commencement-of-Series-A-Funding-Round... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
47793.32, 47096.95, 47047.00, 46004.48, 44695.36, 44801.19, 46717.58, 49339.18, 48905.49, 49321.65
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['This news release constitutes a "designated news release" for the purposes of the Company\'s prospectus supplement dated February 2, 2021 to its short form base shelf prospectus dated January 27, 2021. VANCOUVER, BC / ACCESSWIRE / August 13, 2021 / HIVE Blockchain Technologies Ltd. (TSX.V:HIVE) (NASDAQ:HVBT) (FSE:HBF) (the " Company " or " HIVE ") is pleased to announce that it has ordered 1,800 Antminer S19j Pro miners from Bitmain Technologies Ltd. ("Bitmain"). These new miners have an aggregate hash power of 180 Petahash per second (PH/s). Miner Purchase HIVE is proud to reconnect with Bitmain one of the leading manufacturers in our industry and is excited to make this initial order of S19j Pro miners from Bitmain. These 1,800 miners are the first of our 2022 mining purchase program and will be delivered in 6 equal tranches of 300 miners, commencing in January 2022 through June 2022. "We are constantly upgrading our ASIC fleet to have the most efficient miners we can buy from cash flow," Frank Holmes, Executive Chairman of HIVE continued, "This purchase with Bitmain enables us to maintain our strategy to diversify the manufacturers we purchase from. Over the past year, we have been expressing our concerns about global shortages in chips and logistics delays in shipping equipment from Asia due to Covid 19. We have deep relationships Bitmain, MicroBT and Canaan which are all top global manufacturers in our industry." Today\'s miner purchase announcement is a continuation of our monthly strategy to increase our bitcoin mining capacity. HIVE intends to continue to utilize cash flow to make opportunistic investments and upgrade our fleet of BTC and ETH mining equipment on a regular monthly basis. Biweekly Status Update HIVE is also announcing that it expects to file its annual financial statements and accompanying management\'s discussion and analysis for the financial year ended March 31, 2021 (collectively, the "Annual Filings"), on or before August 26, 2021. The operational and reporting challenges associated with our global multi jurisdictional organization are being resolved for timely reporting in the future. This means the board and management are in a black out period and can not trade in the shares until the year end audited numbers have been filed. HIVE management confirms that it is working diligently to meet the Company\'s obligations relating to its Annual Filings and that, since it announced a delay of its Annual Filings (the "Filings Notice") there is no material change to the information set out in the Filings Notice that has not been generally disclosed and there has been no failure by the Company in fulfilling its stated intentions with respect to satisfying the provisions of the alternative information guidelines set out in NP 12-203. While subject to the MCTO, the Company will continue to comply with the provisions of the alternative information guidelines under NP 12-203 by issuing bi-weekly status reports until it has satisfied the necessary filing requirements. Story continues HODL Update Presently we have 25,000 ETH in cold wallets and 875 BTC. We are continuing to HODL all our bitcoins which have been mined with green energy. Our current inventory of coins invested in BTC and ETH are valued at $100 million. As mentioned in our previous press release, our annual run rate at today\'s bitcoin prices and difficulty is approximately $220 million. Our next milestone is to hit 1 Exahash in BTC mining by the end of this month. About HIVE Blockchain Technologies Ltd. HIVE Blockchain Technologies Ltd. went public in 2017 as the first cryptocurrency mining company with a green energy and ESG strategy. HIVE is a growth-oriented technology stock in the emergent blockchain industry. As a company whose shares trade on a major stock exchange, we are building a bridge between the digital currency and blockchain sector and traditional capital markets. HIVE owns state-of-the-art, green energy-powered data centre facilities in Canada, Sweden, and Iceland, where we source only green energy to mine on the cloud and HODL both Ethereum and Bitcoin. Since the beginning of 2021, HIVE has held in secure storage the majority of its ETH and BTC coin mining rewards. Our shares provide investors with exposure to the operating margins of digital currency mining, as well as a portfolio of cryptocurrencies such as ETH and BTC. Because HIVE also owns hard assets such as data centers and advanced multi-use servers, we believe our shares offer investors an attractive way to gain exposure to the cryptocurrency space. HIVE traded over 2 billion shares in 2020. We encourage you to visit HIVE\'s YouTube channel here to learn more about HIVE. For more information and to register to HIVE\'s mailing list, please visit www.HIVEblockchain.com . Follow @HIVEblockchain on Twitter and subscribe to HIVE\'s YouTube channel . On Behalf of HIVE Blockchain Technologies Ltd. "Frank Holmes" Executive Chairman For further information please contact: Frank Holmes Tel: (604) 664-1078 Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release Forward-Looking Information Except for the statements of historical fact, this news release contains "forward-looking information" within the meaning of the applicable Canadian securities legislation that is based on expectations, estimates and projections as at the date of this news release. "Forward-looking information" in this news release includes, but is not limited to, statements with respect to information about the proposed purchase of equipment from Bitmain technologies Ltd., including the potential increase in hashpower, the potential for the Company\'s long-term growth, statements regarding the timing, review, completion and filing of the Annual Filings, and duration of the MCTO; business goals and objectives of the Company, and other forward-looking information concerning the intentions, plans and future actions of the parties to the transactions described herein and the terms thereon. Factors that could cause actual results to differ materially from those described in such forward-looking information include, but are not limited to: the volatility of the digital currency market; the Company\'s ability to successfully mine digital currency; the timely delivery of equipment from Bitmain Technologies Ltd. and the Company\'s ability to operate the equipment on an economic basis or at all; the Company may not be able to profitably liquidate its current digital currency inventory as required, or at all; a material decline in digital currency prices may have a significant negative impact on the Company\'s operations; the volatility of digital currency prices; continued effects of the COVID-19 pandemic may have a material adverse effect on the Company\'s performance as supply chains are disrupted and prevent the Company from carrying out its expansion plans or operating its assets; the Company may not complete its audit and file the Annual Filings as currently anticipated, or at all; the Company will be subject to a general cease trade order in the event that the Annual Filings are not completed and filed; and other related risks as more fully set out in the registration statement of Company and other documents disclosed under the Company\'s filings at www.sec.gov/EDGAR and www.sedar.com . The forward-looking information in this news release reflects the current expectations, assumptions and/or beliefs of the Company based on information currently available to the Company. In connection with the forward-looking information contained in this news release, the Company has made assumptions about the Company\'s ability to complete and file the Annual Filings. The Company has also assumed that no significant events occur outside of the Company\'s normal course of business. Although the Company believes that the assumptions inherent in the forward-looking information are reasonable, forward-looking information is not a guarantee of future performance and accordingly undue reliance should not be put on such information due to the inherent uncertainty therein. SOURCE: Hive Blockchain Technologies Ltd View source version on accesswire.com: https://www.accesswire.com/659627/HIVE-Blockchain-Orders-1800-High-Performance-Miners-From-Bitmain-and-Provides-Biweekly-Status-Update View comments', 'This news release constitutes a "designated news release" for the purposes of the Company\'s prospectus supplement dated February 2, 2021 to its short form base shelf prospectus dated January 27, 2021.\nVANCOUVER, BC / ACCESSWIRE / August 13, 2021 /HIVE Blockchain Technologies Ltd. (TSX.V:HIVE) (NASDAQ:HVBT) (FSE:HBF) (the "Company" or "HIVE") is pleased to announce that it has ordered 1,800 Antminer S19j Pro miners from Bitmain Technologies Ltd. ("Bitmain"). These new miners have an aggregate hash power of 180 Petahash per second (PH/s).\nMiner Purchase\nHIVE is proud to reconnect with Bitmain one of the leading manufacturers in our industry and is excited to make this initial order of S19j Pro miners from Bitmain. These 1,800 miners are the first of our 2022 mining purchase program and will be delivered in 6 equal tranches of 300 miners, commencing in January 2022 through June 2022.\n"We are constantly upgrading our ASIC fleet to have the most efficient miners we can buy from cash flow," Frank Holmes, Executive Chairman of HIVE continued, "This purchase with Bitmain enables us to maintain our strategy to diversify the manufacturers we purchase from. Over the past year, we have been expressing our concerns about global shortages in chips and logistics delays in shipping equipment from Asia due to Covid 19. We have deep relationships Bitmain, MicroBT and Canaan which are all top global manufacturers in our industry."\nToday\'s miner purchase announcement is a continuation of ou **Last 60 Days of Bitcoin's Closing Prices:** [40218.48, 40406.27, 38347.06, 38053.50, 35787.25, 35615.87, 35698.30, 31676.69, 32505.66, 33723.03, 34662.44, 31637.78, 32186.28, 34649.64, 34434.34, 35867.78, 35040.84, 33572.12, 33897.05, 34668.55, 35287.78, 33746.00, 34235.20, 33855.33, 32877.37, 33798.01, 33520.52, 34240.19, 33155.85, 32702.03, 32822.35, 31780.73, 31421.54, 31533.07, 31796.81, 30817.83, 29807.35, 32110.69, 32313.11, 33581.55, 34292.45, 35350.19, 37337.54, 39406.94, 39995.91, 40008.42, 42235.55, 41626.20, 39974.89, 39201.95, 38152.98, 39747.50, 40869.55, 42816.50, 44555.80, 43798.12, 46365.40, 45585.03, 45593.64, 44428.29] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2021-08-13 **Financial & Commodity Data:** - Gold Closing Price: $1775.20 - Crude Oil Closing Price: $68.44 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $835,141,975,209 - Hash Rate: 108175319.62792765 - Transaction Count: 260624.0 - Unique Addresses: 639596.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.70 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Rawpixel / Shutterstock.com After a year of unrelenting climbs, market experts are finally claiming a peak on a roaring market. Market strategists from Morgan Stanley, Goldman Sachs and Citigroup said recently that despite a booming economy with strong returns there is complacency in the market, writes CNBC. Additionally, profit-margin pressures, inflation fears, the fear of increased interest rates and taxes could also contribute to an eventual come-off they add. Learn: What Is the GDP – and What Does It Have to Do With You? U.S. Terms: Understanding US Productivity and All the Ways It Affects You Morgan Stanley’s Chief U.S. Equity Strategist Mike Wilson has called the movement of recent months a “rolling-type correction” which has moved investors’ enthusiasm away from tech superstars that once stole the limelight into other sectors. He also stated that “The inflation that people are now talking about we think is going to be a cost issue first…a lot of companies won’t be able to pass it on,” meaning that many companies will not be able to pass on higher prices to their customers via higher prices for their goods, and will have no choice other than to adjust their earnings which in turn will negatively affect their stock. “The earnings revisions have basically peaked out at this point,” he added. Read: Bitcoin Cash (BCH): How’s It Differ From Bitcoin and What’s It Worth? He also noted that strong corporate performance masks the problem with over-inflated company valuations. “The earnings picture has been spectacular, but the one thing we’re struggling with is valuation,” he told CIO. Further, two of the common themes in the research notes by all three major banks were central banks pressures and employee pushback for higher wages. Wall Street has been sounding the alarm on inflation for months, and the Fed has finally conceded to its possibility in its most recent comments last months that addressed the possibility of needing to push up the timeline for increasing interest rates. In the event of an interest rate raising event, this can negatively affect price earning reports for companies which has the ability to negatively affect their stock’s performance. Story continues See: How the SEC Affects You and the Economy Another added pressure that has recently emerged has been economy-wide employee pushback for higher wages. Instead of racing to return to work, employees throughout the country have instead decided to hold out on returning until they are paid the higher wages they are demanding. This has affected industries from fast food to transportation. The effects in the transportation industry affect almost all industries that rely on cross-country truckers to deliver their goods. This in turn has led to an increase in prices for goods like lumber, which then have a ripple effect throughout the rest of the market. Ongoing pandemic fears and government-subsidized unemployment insurance has given employees the bargaining power to demand higher wages and not return until they are received – but this could spell trouble in the long run for U.S. equities. More From GOBankingRates Follow Along With 31 Days of Living Richer Read About the Best Small Businesses in Your State What It Means To Live a Truly Rich Life and How To Achieve It Monifi Review: Mobile Banking That Can Improve Your Budgeting This article originally appeared on GOBankingRates.com : Market Correction On The Way For US Equities, Experts Say... - Reddit Posts (Sample): [['u/viktormendeleev', 'Just an American trying to optimize his savings...', 16, '2021-08-13 00:05', 'https://www.reddit.com/r/Nexo/comments/p3a215/just_an_american_trying_to_optimize_his_savings/', 'So... \nI\'m scratching my head trying to figure out the best way to earn interest and have several questions... \n\n\n\n(1.) I saw someone post on here that that they split their savings between nexo and another crypto savings account. Why do that? \n\n\n\n(2.) What is the best way to buy crypto to be used in nexo? I bought some off coinbase\'s mobile app and they took out a sizeable chunk. Do I just transfer money into nexo and then exchange it for crypto?\n\n\n\n\n(3.) Is it worth it for an American to by the nexo crypto? (I think it\'s called nexus?) \nAmericans cannot opt in for our interest to be paid out in the nexo currency, and I need to dump a pretty sizeable chunk of money to go up from the basic tier... \nWhen you consider fees and such... is it even worth it? \n\n\n\n\n(4.) Have people found that dumping more into stablecoins with their flex terms is better? Or have people found something a bit more volatile like bitcoin and then setting it to a fixed term is better? I\'m talking about which do people prefer, I\'m assuming that having a split is best. \n\n\n\n(5.)Do you use a crypto savings account in conjunction with another crypto earning strategy? Or is it your solitary form of earning crypto? I\'m trying to figure out the optimal way to earn over time.... \nI work alot and ya know... have a busy life. So day trading crypto isn\'t really viable. \nI looked into crypto mining pools but with their fees and needing to band together a series of computers to be able to make small amounts of money it didn\'t really seem viable either. \n \nI thought about doing a service where you follow the actions of a better crypto trader.... what do you think? Whats worked best for you? \nI see people dropping 10+ grand on different stuff and it amazes me that people can accumulate so much. Are they just rich? --------------------------------------------------------------------------------------------------------------------------------------------------------------------\n\n\n\n\nIs the answer to #3 "yes it is worth it because you\'d still have crypto currency, and can exchange it into USD when you decide to withdrawal"?', 'https://www.reddit.com/r/Nexo/comments/p3a215/just_an_american_trying_to_optimize_his_savings/', 'p3a215', [['u/blindao_blindado', 23, '2021-08-13 00:24', 'https://www.reddit.com/r/Nexo/comments/p3a215/just_an_american_trying_to_optimize_his_savings/h8pmw44/', 'you write too much, what is the tldr for your questions?', 'p3a215'], ['u/DangerIsMyUsername', 14, '2021-08-13 00:42', 'https://www.reddit.com/r/Nexo/comments/p3a215/just_an_american_trying_to_optimize_his_savings/h8pp6hk/', "Scientists will be studying the lack of white space in this post for centuries.\n\nEdit: If you can get past OPs missing formatting, this actually isn't a terrible post. I had a lot of these questions myself once upon a time as a beginner.", 'p3a215']]], ['u/1078Garage', 'Do you actually believe any coin or token you hold is capable of 1000X?', 668, '2021-08-13 00:05', 'https://www.reddit.com/r/CryptoCurrency/comments/p3a21f/do_you_actually_believe_any_coin_or_token_you/', "It's probably the unicorn-hunt that got me into crypto, the Bitcoin Pizza Guy story; mainstream media's obsession with the massive gains. As I spent time in the space I realised that while it's possible, it's pretty unlikely. I invested in Shiba Inu when it hit my local exchange, not realising the parabolic rise had already occurred, I was just grabbing onto the fin of a rocket as it ran out of fuel and gravity was about to take hold of it again.\n\nI reconfigured my portfolio entirely to The Big Two and proven alts. I'm finally in the green and Shib is long gone. I'm comfortable with steady gains, but a part if me still wants that unicorn. I hodl a couple of fun DeFi longshots to scratch the itch though; little lottery ticket bags because why not. I have no confidence they'll 1000X and am fully resigned to them doing a hundredth of that. Which is still nice but hardly lamboish 😀\n\nDoes anyone hold a coin or token that you *know* is going to see this kind of insane performance? I'm genuinely curious about that kind of confidence because I've lost it.", 'https://www.reddit.com/r/CryptoCurrency/comments/p3a21f/do_you_actually_believe_any_coin_or_token_you/', 'p3a21f', [['u/Spiderman8291', 13, '2021-08-13 00:06', 'https://www.reddit.com/r/CryptoCurrency/comments/p3a21f/do_you_actually_believe_any_coin_or_token_you/h8pkerm/', 'No but a 10X is possible', 'p3a21f'], ['u/Spinazzola_L', 36, '2021-08-13 00:06', 'https://www.reddit.com/r/CryptoCurrency/comments/p3a21f/do_you_actually_believe_any_coin_or_token_you/h8pkfsx/', '1000x is a bit much haha', 'p3a21f'], ['u/deathtolucky', 13, '2021-08-13 00:06', 'https://www.reddit.com/r/CryptoCurrency/comments/p3a21f/do_you_actually_believe_any_coin_or_token_you/h8pkgmz/', 'Possible? 100%. Probable? 1%', 'p3a21f'], ['u/SkiZer0', 503, '2021-08-13 00:06', 'https://www.reddit.com/r/CryptoCurrency/comments/p3a21f/do_you_actually_believe_any_coin_or_token_you/h8pkhob/', 'Of course. They are the ones I don’t buy.', 'p3a21f'], ['u/smeg_me_off', 28, '2021-08-13 00:07', 'https://www.reddit.com/r/CryptoCurrency/comments/p3a21f/do_you_actually_believe_any_coin_or_token_you/h8pki7k/', "1000x? I'm going to need more hopium.", 'p3a21f'], ['u/Dr_Matematike', 14, '2021-08-13 00:07', 'https://www.reddit.com/r/CryptoCurrency/comments/p3a21f/do_you_actually_believe_any_coin_or_token_you/h8pkjdp/', 'id settle for 2x', 'p3a21f'], ['u/cryptotarget', 220, '2021-08-13 00:07', 'https://www.reddit.com/r/CryptoCurrency/comments/p3a21f/do_you_actually_believe_any_coin_or_token_you/h8pklz0/', 'If I knew I wouldn’t check this sub so much trying to find it', 'p3a21f'], ['u/Notorious_Ape', 157, '2021-08-13 00:07', 'https://www.reddit.com/r/CryptoCurrency/comments/p3a21f/do_you_actually_believe_any_coin_or_token_you/h8pkmmx/', "I think for a x1000 to happen you need to be buying new coins that aren't listed in many exchanges. But there's a high possibility of a rug pull so I stay away from that kind of fast money.", 'p3a21f'], ['u/throwaway5737264', 53, '2021-08-13 00:08', 'https://www.reddit.com/r/CryptoCurrency/comments/p3a21f/do_you_actually_believe_any_coin_or_token_you/h8pko2w/', '1000x is a bit much but 100x there are a couple I could see it being a possibility', 'p3a21f'], ['u/excalilbug', 72, '2021-08-13 00:08', 'https://www.reddit.com/r/CryptoCurrency/comments/p3a21f/do_you_actually_believe_any_coin_or_token_you/h8pkolg/', "Maybe if I hold it for 20-30 years and it doesn't die.\n\nReally doubtful. Any 10x would suffice", 'p3a21f'], ['u/C1nderr', 37, '2021-08-13 00:08', 'https://www.reddit.com/r/CryptoCurrency/comments/p3a21f/do_you_actually_believe_any_coin_or_token_you/h8pkoqn/', "I'm only expecting something between 5 to 10x in the distant future", 'p3a21f'], ['u/BlackWhiteTuxedoCat', 10, '2021-08-13 00:08', 'https://www.reddit.com/r/CryptoCurrency/comments/p3a21f/do_you_actually_believe_any_coin_or_token_you/h8pkrvc/', 'Nah, maybe 5x in the short to medium term if I’m lucky. 10x long term, potentially', 'p3a21f'], ['u/Townhouse-hater', 11, '2021-08-13 00:08', 'https://www.reddit.com/r/CryptoCurrency/comments/p3a21f/do_you_actually_believe_any_coin_or_token_you/h8pkrvu/', 'Today, no. I believe those days are long gone. Would be nice though.', 'p3a21f'], ['u/chantryc', 18, '2021-08-13 00:09', 'https://www.reddit.com/r/CryptoCurrency/comments/p3a21f/do_you_actually_believe_any_coin_or_token_you/h8pktxq/', 'Depends how quickly. I think ERG will get there eventually which is why I’m holding it long term.', 'p3a21f'], ['u/Lobster_Messiah', 85, '2021-08-13 00:09', 'https://www.reddit.com/r/CryptoCurrency/comments/p3a21f/do_you_actually_believe_any_coin_or_token_you/h8pkw7f/', 'Yup. \n\nAnd it’s not some obscure purchase either.\n\nThe ADA I bought at .02 could be worth $20 some day. My only regret is not buying a lot more. \n\nRemember that bull markets make you money, but bear markets make you rich.', 'p3a21f'], ['u/R0B0C0P33', 10, '2021-08-13 00:10', 'https://www.reddit.com/r/CryptoCurrency/comments/p3a21f/do_you_actually_believe_any_coin_or_token_you/h8pkxy6/', 'Sure, in the same way a lottery ticket *could* make you a millionaire.', 'p3a21f'], ['u/ughwithoutadoubt', 358, '2021-08-13 00:11', 'https://www.reddit.com/r/CryptoCurrency/comments/p3a21f/do_you_actually_believe_any_coin_or_token_you/h8pl504/', 'Sadly I’m a hopeless wannabe millionaire. So all of my coins I think will go to the moon\n\nThank you all very much for the upvotes. It means alot', 'p3a21f'], ['u/juiciestJbox', 201, '2021-08-13 00:11', 'https://www.reddit.com/r/CryptoCurrency/comments/p3a21f/do_you_actually_believe_any_coin_or_token_you/h8pl58y/', "If something has potential to 1000x there's a much higher chance it will crash to 0", 'p3a21f'], ['u/ACorDC', 13, '2021-08-13 00:12', 'https://www.reddit.com/r/CryptoCurrency/comments/p3a21f/do_you_actually_believe_any_coin_or_token_you/h8pl846/', "Moons could 1000x to a $20B market cap which isn't impossible. Not very likely though.", 'p3a21f'], ['u/8512764EA', 14, '2021-08-13 00:14', 'https://www.reddit.com/r/CryptoCurrency/comments/p3a21f/do_you_actually_believe_any_coin_or_token_you/h8plhzn/', 'AMP is', 'p3a21f'], ['u/minedreamer', 13, '2021-08-13 00:16', 'https://www.reddit.com/r/CryptoCurrency/comments/p3a21f/do_you_actually_believe_any_coin_or_token_you/h8plv68/', 'I think ALGO could in a decade but unlikely. closer to 50 or 100. NANO to 6k?\n\nactually scratch that BTC to 50,000,000. /s', 'p3a21f'], ['u/Solid-Mess', 21, '2021-08-13 00:17', 'https://www.reddit.com/r/CryptoCurrency/comments/p3a21f/do_you_actually_believe_any_coin_or_token_you/h8ply18/', 'Damn you. I got Ada at 17 a... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
47096.95, 47047.00, 46004.48, 44695.36, 44801.19, 46717.58, 49339.18, 48905.49, 49321.65, 49546.15
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['NEW YORK, Aug. 13, 2021 (GLOBE NEWSWIRE) -- Pomerantz LLP announces that a class action lawsuit has been filed against Coinbase Global, Inc. (“Coinbase” or the “Company”) (NASDAQ: COIN) and certain of its officers. The class action, filed in the United States District Court for the Northern District of California, and docketed under 21-cv-06049, is on behalf of a class consisting of all persons and entities other than Defendants that purchased or otherwise acquired Coinbase Class A common stock pursuant and/or traceable to the Company’s registration statement and prospectus (collectively, the “Offering Materials”) for the resale of up to 114,850,769 shares of its Class A common stock, whereby Coinbase began trading as a public company on or around April 14, 2021 (the “Offering”). Plaintiff pursues claims against the Defendants under the Securities Act of 1933.\nIf you are a shareholder who purchased or otherwise acquired Coinbase Class A common stock pursuant and/or traceable to the Company’s registration statement and prospectus, you have until September 20, 2021 to ask the Court to appoint you as Lead Plaintiff for the class. A copy of the Complaint can be obtained atwww.pomerantzlaw.com. To discuss this action, contact Robert S. Willoughby [email protected] 888.476.6529 (or 888.4-POMLAW), toll-free, Ext. 7980. Those who inquire by e-mail are encouraged to include their mailing address, telephone number, and the number of shares purchased.\n[Click here for information about joining the class action]\nCoinbase “powers the cryptoeconomy,” offering a “trusted platform” for sending and receiving Bitcoin and other digital assets built using blockchain technology to approximately 43 million retail users, 7,000 institutions, and 115,000 ecosystem partners in over 100 countries.\nOn April 14, 2021, Coinbase filed its prospectus on Form 424B4 with the Securities and Exchange Commission, which forms part of the Registration Statement. The Company registered for the resale of up to 114,850,769 shares of its Class A common stock by registered shareholders. According to the Registration Statement, the resale of the Company’s stock was not underwritten by any investment bank and the registered stockholders would purportedly elect whether or not to sell their shares. Such sales, if any, would be brokerage transactions on the Nasdaq Global Select Market, and Coinbase would purportedly not receive any proceeds from the sale of shares of Class A common stock by the registered stockholders. Thus, Coinbase’s operations, including its liquidity and capital resources, would continue to be financed with cash flow from operating activities and net proceeds from the sale of convertible preferred stock. As of December 31, 2020, Coinbase had cash and cash equivalents of $1.1 billion, exclusive of restricted cash and customer custodial funds.\nThe complaint alleges that, the Offering Materials were false and misleading and omitted to state that, at the time of the Offering: (1) the Company required a sizeable cash injection; (2) the Company’s platform was susceptible to service-level disruptions, which were increasingly likely to occur as the Company scaled its services to a larger user base; and (3) as a result of the foregoing, Defendants’ positive statements about the Company’s business, operations, and prospects, were materially misleading and/or lacked a reasonable basis.\nOnly a month later, the high-flying promise of Coinbase came to a screaming halt, as Coinbase conceded the need to raise capital and revealed performance issues that prevented users’ ability to trade cryptocurrencies. On May 17, 2021, Coinbase announced its plans to raise about $1.25 billion via a convertible bond sale. Then, on May 19, 2021, Coinbase revealed technical problems, including “delays . . . due to network congestion” effecting those who want to get their money out.\nOn this news, the Company’s share price fell $23.44 per share, nearly 10% over two consecutive trading sessions, to close at $224.80 per share on May 19, 2021, thereby injuring investors.\nBy the commencement of this action, Coinbase stock traded as low as $208.00 per share, a significant decline from its April 14, 2021 opening price of $381.00 per share.\nPomerantz LLP, with offices in New York, Chicago, Los Angeles, Paris, and Tel Aviv, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions. Today, more than 85 years later, Pomerantz continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. Seewww.pomlaw.com.\nCONTACT:Robert S. WilloughbyPomerantz [email protected] ext. 7980', 'NEW YORK, Aug. 13, 2021 (GLOBE NEWSWIRE) -- Pomerantz LLP announces that a class action lawsuit has been filed against Coinbase Global, Inc. (\x93Coinbase\x94 or the \x93Company\x94) (NASDAQ: COIN) and certain of its officers. The class action, filed in the United States District Court for the Northern District of California, and docketed under 21-cv-06049, is on behalf of a class consisting of all persons and entities other than Defendants that purchased or otherwise acquired Coinbase Class A common stock pursuant and/or traceable to the Company\x92s registration statement and prospectus (collectively, the \x93Offering Materials\x94) for the resale of up to 114,850,769 shares of its Class A common stock, whereby Coinbase began trading as a public company on or around April 14, 2021 (the \x93Offering\x94). Plaintiff pursues claims against the Defendants under the Securities Act of 1933. If you are a shareholder who purchased or otherwise acquired Coinbase Class A common stock pursuant and/or traceable to the Company\x92s registration statement and prospectus, you have until September 20, 2021 to ask the Court to appoint you as Lead Plaintiff for the class. A copy of the Complaint can be obtained at www.pomerantzlaw.com . To discuss this action, contact Robert S. Willoughby at [email protected] or 888.476.6529 (or 888.4-POMLAW), toll-free, Ext. 7980. Those who inquire by e-mail are encouraged to include their mailing address, telephone number, and the number of shares purchased. [Click here for information about joining the class action] Coinbase \x93powers the cryptoeconomy,\x94 offering a \x93trusted platform\x94 for sending and receiving Bitcoin and other digital assets built using blockchain technology to approximately 43 million retail users, 7,000 institutions, and 115,000 ecosystem partners in over 100 countries. On April 14, 2021, Coinbase filed its prospectus on Form 424B4 with the Securities and Exchange Commission, which forms part of the Registration Statement. The Company registered for the resale of up to 114,850,769 shares of its Class A common stock by registered shareholders. According to the Registration Statement, the resale of the Company\x92s stock was not underwritten by any investment bank and the registered stockholders would purportedly elect whether or not to sell their shares. Such sales, if any, would be brokerage transactions on the Nasdaq Global Select Market, and Coinbase would purportedly not receive any proceeds from the sale of shares of Class A common stock by the registered stockholders. Thus, Coinbase\x92s operations, including its liquidity and capital resources, would continue to be financed with cash flow from operating activities and net proceeds from the sale of convertible preferred stock. As of December 31, 2020, Coinbase had cash and cash equivalents of $1.1 billion, exclusive of restricted cash and customer custodial funds. Story continues The complaint alleges that, the Offering Materials were false and misleading and omitted to state that, at the time of the Offering: (1) the Company required a sizeable cash injection; (2) the Company\x92s platform was susceptible to service-level disruptions, which were increasingly likely to occur as the Company scaled its services to a larger user base; and (3) as a result of the foregoing, Defendants\x92 positive statements about the Company\x92s business, operations, and prospects, were materially misleading and/or lacked a reasonable basis. Only a month later, the high-flying promise of Coinbase came to a screaming halt, as Coinbase conceded the need to raise capital and revealed performance issues that prevented users\x92 ability to trade cryptocurrencies. On May 17, 2021, Coinbase announced its plans to raise about $1.25 billion via a convertible bond sale. Then, on May 19, 2021, Coinbase revealed technical problems, including \x93delays . . . due to network congestion\x94 effecting those who want to get their money out. On this news, the Company\x92s share price fell $23.44 per share, nearly 10% over two consecutive trading sessions, to close at $224.80 per share on May 19, 2021, thereby injuring investors. By the commencement of this action, Coinbase stock traded as low as $208.00 per share, a significant decline from its April 14, 2021 opening price of $381.00 per share. Pomerantz LLP, with offices in New York, Chicago, Los Angeles, Paris, and Tel Aviv, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions. Today, more than 85 years later, Pomerantz continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. Se **Last 60 Days of Bitcoin's Closing Prices:** [40406.27, 38347.06, 38053.50, 35787.25, 35615.87, 35698.30, 31676.69, 32505.66, 33723.03, 34662.44, 31637.78, 32186.28, 34649.64, 34434.34, 35867.78, 35040.84, 33572.12, 33897.05, 34668.55, 35287.78, 33746.00, 34235.20, 33855.33, 32877.37, 33798.01, 33520.52, 34240.19, 33155.85, 32702.03, 32822.35, 31780.73, 31421.54, 31533.07, 31796.81, 30817.83, 29807.35, 32110.69, 32313.11, 33581.55, 34292.45, 35350.19, 37337.54, 39406.94, 39995.91, 40008.42, 42235.55, 41626.20, 39974.89, 39201.95, 38152.98, 39747.50, 40869.55, 42816.50, 44555.80, 43798.12, 46365.40, 45585.03, 45593.64, 44428.29, 47793.32] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2021-08-14 **Financial & Commodity Data:** - Gold Closing Price: $1775.20 - Crude Oil Closing Price: $68.44 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $877,900,634,275 - Hash Rate: 126820808.5468918 - Transaction Count: 209074.0 - Unique Addresses: 520081.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.76 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Fox 26 Fox 26 Houston general assignment reporter Ivory Hecker said Tuesday that she has been fired after interrupting a live on-air report to accuse her employers of “muzzling” her . In an interview with The Daily Beast on Tuesday afternoon, the 32-year-old reporter claimed she’d been terminated via text message and declared that she would never work in corporate media again—not even for Fox News, where she claimed “they wanted to bring me up.” Hecker went viral on Monday when she began a live report about the weather by revealing that she provided secret recordings to Project Veritas, the right-wing activist group founded by James O’Keefe, supposedly proving corruption and censorship at her station. “Before we get to that story, I want to let you, the viewers, know that Fox Corp. has been muzzling me to keep certain information from you, the viewers,” Hecker said during the Monday on-air report. “And from what I’m gathering, I am not the only reporter being subjected to this.” “I am going to be releasing some recordings about what goes on behind the scenes at Fox, because it applies to you, the viewers,” she declared. “I found a non-profit journalism group called Project Veritas that is going to help put that out tomorrow, so tune in then.” Hecker then pivoted to her report, which featured her standing in front of a man repairing an air-conditioning unit. Hecker was initially suspended by the station on Tuesday morning. When The Daily Beast reached her by phone in the afternoon, Hecker said she’d just landed in New York before a male voice in the background asked her who she was speaking with. After she mentioned a Daily Beast reporter was on the phone, the unidentified person told her to “get off the phone now.” Moments later, Hecker called back and confirmed that she had just been terminated by Fox 26 within the past hour. Reporter Says Live On Air That Fox Corp. Is ‘Muzzling’ Her, Proceeds With Weather Report The station, meanwhile, confirmed that Hecker was no longer an employee while torching her for pairing up with Project Veritas. Story continues “FOX 26 adheres to the highest editorial standards of accuracy and impartiality,” a Fox 26 spokesperson told The Daily Beast. “This incident involves nothing more than a disgruntled former employee seeking publicity by promoting a false narrative produced through selective editing and misrepresentation.” “I have been longing to part ways with this strange, slightly unhinged corporation since last August when I realized what they were,” Hecker told The Daily Beast. “The piece with Project Veritas doesn’t touch what they did. Fox 26 knows I’m fearless.” She added: “I have zero interest in working for another corporation. They all toe the same line.” Hecker even took a jab at the flagship network of her former employer’s parent company: “I would turn down Fox News. They wanted to bring me up to the network. I met a lot of executives there and I don’t want to talk to them anymore. It came from one of the top executives there that what I needed to succeed was to get in line with the narrative.” A Fox News spokesperson, however, confirmed the network did have a single meeting with Hecker but claimed it was only as a courtesy and the reporter was never offered a job with the network. Ultimately, the drama surrounding Hecker’s on-air stunt proved to be more salacious than the actual allegations contained within her “sting” videos revealed on Tuesday evening. The 10-minute video featured Hecker sitting down with O’Keefe to allege that Fox 26 management purposely steered her away from legitimate news stories in order to support a specific agenda handed down from corporate headquarters. In one piece of surreptitiously recorded footage, Fox 26 assistant news director Lee Meier was seen explaining why the station does not do more stories on Bitcoin. In the clip, Meier said it’s “an editorial choice” to not cover the cryptocurrency because it likely would not appeal to the station’s early-evening broadcast viewership. “I have passed on Bitcoin stories by almost every single reporter for our five o’clock audience, because that’s not our five o’clock audience,” Meier stated. “So, there are lots of reasons. If I know our numbers are tanking from five to six and in one particular segment… I may say, yeah, and Bitcoin for poor African-American audience at five, it’s probably not going to play. That’s a choice I’m making.” Reacting to Meier’s rather mundane remarks about the incentives of broadcast news, Hecker declared to O’Keefe: “I want out of this narrative news telling! I want out of this corruption!” Hecker also contended that Fox 26 attempted to censor her over her coverage of hydroxychloroquine, an anti-malarial drug hyped by former President Donald Trump as a miracle COVID-19 cure but found to be largely ineffective against the virus. In a recorded call with Meier and Fox 26 vice president and news director Susan Schiller, Hecker was told she “failed as a reporter” for not looking at the “latest research” on the drug before boosting a post from a local doctor hyping it as a COVID-19 treatment. “You need to cease and desist posting about hydroxychloroquine,” Schiller told Hecker. Station management’s critical comments to Hecker appear to center around an August Facebook post the reporter shared last August, featuring Dr. Joseph Varon’s claim that he used hydroxychloroquine to “good success.” In the call with her bosses, Hecker claimed the studies downplaying the effectiveness and safety of the drug made Varon’s comments more newsworthy. At the same time, she brought up Dr. Stella Immanuel, noting that she also referenced clinical research about hydroxychloroquine’s efficacy in her story about the controversial doctor. Immanuel, who believes sex with demons makes you sick , baselessly insisted that the anti-malarial drug is a “cure for COVID,” drawing praise from Trump but bans on social-media platforms. Hecker’s reporting on Immanuel at the time was largely sympathetic , painting her as a victim of “ mass censorship .” “They sent me to interview Dr. Joseph Varon, a highly respected doctor who did 1,600 media interviews,” Hecker told The Daily Beast. “They banned me permanently—after my interview—from covering COVID-19 medical treatments.” The Project Veritas video also featured undercover videos of Fox 26 employees from the conservative group’s own operatives, though these also appear to be more than a bit overhyped—largely involving low-level station staffers from its business side. In one clip, an undercover Project Veritas staffer spoke with a sales coordinator and promo producer at a loud bar over drinks. The Fox 26 employees acknowledged at one point that the Centers for Disease Control and Prevention (CDC) is paying for advertising at the station, noting that they tend to be able to outbid other sponsors, eventually prompting the Project Veritas operative to try to connect the dots between vaccine advocacy in the station’s news coverage and money it received from the government’s ad purchases. “So could the Ad Council call you and be like, ‘Hey, I want to run all these spots but I want to make sure your journalists aren’t running any anti-vax stories’?” the Project Veritas plant asked. “If that happens, it’s above our [pay grade],” the promo producer replied. “Does that stuff like that ever happen?” the Project Veritas operator pressed some more. “It can, a lot of stuff can happen,” the sales coordinator responded. Elsewhere, another undercover operative got a Fox 26 photographer to give his opinion that the station’s coverage is “pushing” vaccines more than it needed to. Eventually, though, it appeared that Hecker herself even admitted that there wasn’t any real smoking-gun evidence of corporate corruption preventing the station from reporting real news. “There’s always that concern that the corporation might cater too much to advertisers or self-censor to make sure they don’t lose any advertisers,” she declared. At the end of the video, meanwhile, Hecker sounded as if she was outright auditioning for a job in right-wing media. “I want to tell true stories without fear of if it fits the corporate narrative,” the reporter intoned, prompting O’Keefe to dramatically add: “Ivory Hecker is ready to pursue a career in independent journalism where she can report the news without fear or favor.” —Diana Falzone was an on-camera and digital reporter for FoxNews.com from 2012 to 2018. In May 2017, she filed a gender discrimination and disability lawsuit against the network and settled, and left the company in March 2018. Read more at The Daily Beast. Get our top stories in your inbox every day. Sign up now! Daily Beast Membership: Beast Inside goes deeper on the stories that matter to you. Learn more.... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
47047.00, 46004.48, 44695.36, 44801.19, 46717.58, 49339.18, 48905.49, 49321.65, 49546.15, 47706.12
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['Bitcoin, BTC to USD, fell by 3.59% on Saturday. Partially reversing a 7.70% rally from Friday, Bitcoin ended the day at $47,084.0.\nA mixed start to the day saw Bitcoin rise to a late morning intraday high $48,141.0 before hitting reverse.\nFalling well short of the first major resistance level at $49,113, Bitcoin slid to a late morning intraday low $45,935.0.\nSteering clear of the first major support level at $45,412, Bitcoin revisited $47,400 levels before easing back.\nThe near-term bullish trend remained intact, supported by the latest return to $48,000 levels. For the bears, Bitcoin would need a sustained fall through the 62% FIB of $27,237 to form a near-term bearish trend.\nAcross the rest of the majors, it was a mixed day on Saturday.\nRipple’s XRPsurged by 17.57% to lead the way.\nCardano’s ADA(+2.34%),Chainlink(-2.17%),Crypto.com Coin(+1.36%), and Polkadot (+2.16%) also found support.\nIt was a bearish day for the rest of the major, however, withEthereum(-1.74%) leading the way down.\nBinance Coin(-0.46%),Bitcoin Cash SV(-0.42%), andLitecoin(-0.25%) saw relatively modest losses on the day.\nIn the current week, the crypto total market fell to a Monday low $1,696bn before rising to a Saturday high $2,022bn. At the time of writing, the total market cap stood at $1,978bn.\nBitcoin’s dominance rose to a Monday high 47.44% before falling to a Saturday low 44.74%. At the time of writing, Bitcoin’s dominance stood at 44.82%.\nAt the time of writing, Bitcoin was up by 0.29% to $47,222.0. A mixed start to the day saw Bitcoin fall to an early morning low $47,078.0 before rising to a high $47,222.0.\nBitcoin left the major support and resistance levels untested early on.\nElsewhere, it was a bullish start to the day.\nAt the time of writing, Cardano’s ADA was up by 2.00% to lead the way.\nBitcoin would need to avoid the $47,053 pivot to bring the first major resistance level at $48,172 into play.\nSupport from the broader market would be needed for Bitcoin to break back through to $48,000 levels.\nBarring a broad-based crypto rally, the first major resistance level and Saturday’s high $48,141.0 would likely cap any upside.\nIn the event of an extended crypto rally, Bitcoin could test resistance at the 23.6% FIB of $50,473 before any pullback. The second major resistance level sits at $49,259.\nA fall through the $47,053 pivot would bring the first major support level at $45,967 into play.\nBarring an extended sell-off on the day, Bitcoin should steer clear of sub-$45,000 levels. The second major support level sits at $44,847.\nThisarticlewas originally posted on FX Empire\n• Gold Price Prediction – Prices Rally on Slip in Confidence\n• Natural Gas Price Prediction – Prices Slide on Profit Taking as Storms Continue to Brew\n• The Weekly Wrap – Inflation and Consumer Sentiment Sink the Greenback…\n• Dogecoin – Daily Tech Analysis – August 15th, 2021\n• The Crypto Daily – Movers and Shakers – August 14th, 2021\n• S&P 500 Weekly Price Forecast – Stock Markets Continue Slow Grind Higher', 'Bitcoin , BTC to USD, fell by 3.59% on Saturday. Partially reversing a 7.70% rally from Friday, Bitcoin ended the day at $47,084.0. A mixed start to the day saw Bitcoin rise to a late morning intraday high $48,141.0 before hitting reverse. Falling well short of the first major resistance level at $49,113, Bitcoin slid to a late morning intraday low $45,935.0. Steering clear of the first major support level at $45,412, Bitcoin revisited $47,400 levels before easing back. The near-term bullish trend remained intact, supported by the latest return to $48,000 levels. For the bears, Bitcoin would need a sustained fall through the 62% FIB of $27,237 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was a mixed day on Saturday. Ripple’s XRP surged by 17.57% to lead the way. Cardano’s ADA (+2.34%), Chainlink (-2.17%), Crypto.com Coin (+1.36%), and Polkadot (+2.16%) also found support. It was a bearish day for the rest of the major, however, with Ethereum (-1.74%) leading the way down. Binance Coin (-0.46%), Bitcoin Cash SV (-0.42%), and Litecoin (-0.25%) saw relatively modest losses on the day. In the current week, the crypto total market fell to a Monday low $1,696bn before rising to a Saturday high $2,022bn. At the time of writing, the total market cap stood at $1,978bn. Bitcoin’s dominance rose to a Monday high 47.44% before falling to a Saturday low 44.74%. At the time of writing, Bitcoin’s dominance stood at 44.82%. This Morning At the time of writing, Bitcoin was up by 0.29% to $47,222.0. A mixed start to the day saw Bitcoin fall to an early morning low $47,078.0 before rising to a high $47,222.0. Bitcoin left the major support and resistance levels untested early on. Elsewhere, it was a bullish start to the day. At the time of writing, Cardano’s ADA was up by 2.00% to lead the way. For the Bitcoin Day Ahead Bitcoin would need to avoid the $47,053 pivot to bring the first major resistance level at $48,172 into play. Story continues Support from the broader market would be needed for Bitcoin to break back through to $48,000 levels. Barring a broad-based crypto rally, the first major resistance level and Saturday’s high $48,141.0 would likely cap any upside. In the event of an extended crypto rally, Bitcoin could test resistance at the 23.6% FIB of $50,473 before any pullback. The second major resistance level sits at $49,259. A fall through the $47,053 pivot would bring the first major support level at $45,967 into play. Barring an extended sell-off on the day, Bitcoin should steer clear of sub-$45,000 levels. The second major support level sits at $44,847. This article was originally posted on FX Empire More From FXEMPIRE: Gold Price Prediction – Prices Rally on Slip in Confidence Natural Gas Price Prediction – Prices Slide on Profit Taking as Storms Continue to Brew The Weekly Wrap – Inflation and Consumer Sentiment Sink the Greenback… Dogecoin – Daily Tech Analysis – August 15th, 2021 The Crypto Daily – Movers and Shakers – August 14th, 2021 S&P 500 Weekly Price Forecast – Stock Markets Continue Slow Grind Higher', '(Bloomberg) -- The total market value of cryptocurrencies rose above $2 trillion again as Bitcoin continued to climb and the likes of Cardano, XRP and Dogecoin advanced as well. Crypto’s market value rose to $2.06 trillion on Saturday, according to CoinGecko, which tracks more than 8,800 coins. Bitcoin reached as high as $48,152, the highest level since May 16, as it showed staying power above its 200-day moving average. It wasn’t just Bitcoin holding up the overall market advance, however. As of 1 p.m. in Hong Kong on Sunday, Cardano -- now the third-ranked cryptocurrency after Bitcoin and Ether -- was up 47% over the past seven days. Binance Coin gained 14%, XRP 61% and Dogecoin 18% over the same period, according to CoinGecko pricing. “Bitcoin continues above its critical 200-day moving average,” Fundstrat strategists wrote in a note Friday. “Also on our radar is Cardano (ADA), which after signaling smart contracts are soon to hit the platform earlier this week is up” significantly. Read more: Developer Behind Surging Cardano Token Talks Crypto, Blockchain The moves higher came even after the cryptocurrency industry failed to win a change to crypto tax reporting rules in a U.S. infrastructure bill, leaving intact language for broad oversight of virtual currencies in the legislation that passed the Senate on Tuesday. Read more: Crypto Lobbyists Falter in Bid to Fix Broad Tax Provision “The price of Bitcoin was surprisingly resilient in the wake of the news,” wrote NYDIG Global Head of Research Greg Cipolaro in a note dated Saturday. “We interpreted this price action as extremely bullish,” and “we think the recognition of the crypto industry by lawmakers was ultimately a legitimizing event, one that should give investors comfort that this industry is here to stay.” More stories like this are available on bloomberg.com Subscribe now to stay ahead with the most trusted business news source. ©2021 Bloomberg L.P.', '(Bloomberg) -- The total market value of cryptocurrencies rose above $2 trillion again as Bitcoin continued to climb and the likes of Cardano, XRP and Dogecoin advanced as well.\nCrypto’s market value rose to $2.06 trillion on Saturday, according to CoinGecko, which tracks more than 8,800 coins. Bitcoin reached as high as $48,152, the highest level since May 16, as it showed staying power above its 200-day moving average.\nIt wasn’t just Bitcoin holding up the overall market advance, however. As of 1 p.m. in Hong Kong on Sunday, Cardano -- now the third-ranked cryptocurrency after Bitcoin and Ether -- was up 47% over the past seven days. Binance Coin gained 14%, XRP 61% and Dogecoin 18% over the same period, according to CoinGecko pricing.\n“Bitcoin continues above its critical 200-day moving average,” Fundstrat strategists wrote in a note Friday. “Also on our radar is Cardano (ADA), which after signaling smart contracts are soon to hit the platform earlier this week is up” significantly.\nRead more: Developer Behind Surging Cardano Token Talks Crypto, Blockchain\nThe moves higher came even after the cryptocurrency industry failed to win a change to crypto tax reporting rules in a U.S. infrastructure bill, leaving intact language for broad oversight of virtual currencies in the legislation that passed the Senate on Tuesday.\nRead more: Crypto Lobbyists Falter in Bid to Fix Broad Tax Provision\n“The price of Bitcoin was surprisingly resilient in the wake of the news,” wrote NYDIG Global Head of Research Greg Cipolaro in a note dated Saturday. “We interpreted this price action as extremely bullish,” and “we think the recognition of the crypto industry by lawmakers was ultimately a legitimizing event, one that should give investors comfort that this industry is here to stay.”\nMore stories like this are available onbloomberg.com\nSubscribe nowto stay ahead with the most **Last 60 Days of Bitcoin's Closing Prices:** [38347.06, 38053.50, 35787.25, 35615.87, 35698.30, 31676.69, 32505.66, 33723.03, 34662.44, 31637.78, 32186.28, 34649.64, 34434.34, 35867.78, 35040.84, 33572.12, 33897.05, 34668.55, 35287.78, 33746.00, 34235.20, 33855.33, 32877.37, 33798.01, 33520.52, 34240.19, 33155.85, 32702.03, 32822.35, 31780.73, 31421.54, 31533.07, 31796.81, 30817.83, 29807.35, 32110.69, 32313.11, 33581.55, 34292.45, 35350.19, 37337.54, 39406.94, 39995.91, 40008.42, 42235.55, 41626.20, 39974.89, 39201.95, 38152.98, 39747.50, 40869.55, 42816.50, 44555.80, 43798.12, 46365.40, 45585.03, 45593.64, 44428.29, 47793.32, 47096.95] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2021-08-15 **Financial & Commodity Data:** - Gold Closing Price: $1775.20 - Crude Oil Closing Price: $68.44 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $863,649,043,866 - Hash Rate: 140740165.58252627 - Transaction Count: 186239.0 - Unique Addresses: 474649.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.71 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Square, Inc.SQ reported second-quarter 2021 adjusted earnings of 66 cents per share, beating the Zacks Consensus Estimate by 106.3%. Further, the figure rose 266.7% year over year and 60.9% sequentially.Net revenues of $4.68 billion improved 143% from the prior-year quarter.However, the figure declined 7.4% from the previous quarter and missed the Zacks Consensus Estimate of $5.02 billion.Year-over-year revenue growth was driven by strong momentum across the Cash App ecosystem, which contributed $3.33 billion to net revenues in the reported quarter, up 177% year over year.Solid momentum across bitcoin was the key catalyst. Without bitcoin revenues, net revenues would amount to $1.96 billion, up 87% year over year.Strong growth in transaction, subscription and hardware revenues contributed well to the results.Square witnessed solid traction across the seller ecosystem, which generated $1.31 billion of revenues, up 81% year over year. Accelerating gross payment volume (GPV) drove the results.However, uncertainties related to the pandemic remain concerning.Nevertheless, the company’s strengthening momentum across online channels, sellers and the Cash App is expected to act as tailwinds in the days ahead. GPV in the second quarter amounted to $42.8 billion, up 88% from the year-ago quarter. This was driven by strength across the seller ecosystem. Notably, seller GPV accounted for 90% of the total GPV in the second quarter. Seller GPV was up 86% year over year.The robust performance of the Cash App, which accounted for $4.1 billion of the overall GPV (10%), remained a positive. The figure increased 107% year over year.The card-not-present GPV witnessed year-over-year growth of 41% in the second quarter. Robust online channels, including Square Online, Invoices, Virtual Terminal and eCommerce API, contributed to the upside.Square experienced a strong recovery in its card-present volumes in the reported quarter, owing to rising consumer spending and regional reopenings. Card-present GPV was up 128% from the year-ago quarter. Transaction (26.3% of net revenues):The company generated transaction revenues of $1.23 billion, up 80% year over year. Strong seller ecosystem accounted for $1.12 billion of transaction revenues, up 78% year over year. The robust performance of the Cash App contributed $111 million to transaction revenues, up 107% year over year, owing to the rising number of transactions as well as business accounts.Subscription and services (14.6% of revenues):The company generated $685.2 million in revenues from the category, surging 98% from the year-ago quarter. The improvement can be attributed to a strong performance by the Cash App, which contributed $495 million to the category’s top line. The figure was up 83% from the year-ago quarter. Seller ecosystem contributed $151 million to subscription and services revenues, up 101% year over year. Positive contributions from the TIDAL acquisition benefited the top line forthis category.Hardware (0.9% of revenues):Square generated revenues of $43.7 million from thebusiness, up 126% year over year. This was driven by strong unit sales of hardware devices like SquareRegister and Square Terminal.Bitcoin (58.2% of revenues):The company generated revenues of $2.72 billion from thecategory, up significantly from $211.2 million. Square continued to benefit from the bitcoin space, driven by the increasing adoption of the Cash App. Rising bitcoin prices alongwith solid customer demand and increasing bitcoin actives were major positives. Per management, gross profit grew 91% from the year-ago quarter to $1.14 billion. However, gross margin contracted 662 basis points (bps) year over year to 24.4%.Adjusted EBITDA was $360 million in the reported quarter, up 268% year over year.Operating expenses were$1.02 billion, jumping 64% from the prior-year quarter.Product development expenses were $327 million, up 57% year over year primarily due to rising headcount and personnel costs in engineering, data science and design teams.General and administrative expenses were $221 million, up 62% from the prior-year quarter. This was primarily caused by finance, legal, compliance and support personnel costs.Sales and marketing costs were $375 million, up 58% year over year due to an increase in Cash App marketing expenses and a hike in advertising, personnel and other costs. As of Jun 30, 2021, the cash and cash equivalent balance was $4.6 billion, up from $3.02 billion as of Mar 31, 2021.Short-term investments were $1.01 billion in the reported quarter, up from $644.4million in the previous quarter.Long-term debt was $4.8 billion, increasing from $2.9 billion in the previous quarter. Currently, Square has a Zacks Rank #4 (Sell).Some better-ranked stocks in the broader technology sector areMicrochip TechnologyMCHP,Semtech CorporationSMTC andAgilent TechnologiesA, each currently carrying a Zacks Rank #2 (Buy). You can seethe complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.Long-term earnings growth rates for Microchip, Semtech and Agilent are currently projected at 15.33%, 12.5% and 13%, respectively. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days.Click to get this free reportAgilent Technologies, Inc. (A) : Free Stock Analysis ReportMicrochip Technology Incorporated (MCHP) : Free Stock Analysis ReportSemtech Corporation (SMTC) : Free Stock Analysis ReportSquare, Inc. (SQ) : Free Stock Analysis ReportTo read this article on Zacks.com click here.Zacks Investment Research... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
46004.48, 44695.36, 44801.19, 46717.58, 49339.18, 48905.49, 49321.65, 49546.15, 47706.12, 48960.79
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['Etheris the most popular cryptocurrency in Singapore, a survey published Monday found.\n• Almost four-fifths of crypto investors, 78%, hold ether compared with 69% who ownbitcoin, according to a survey by crypto exchange Gemini, finance platform Seedly, and information provider CoinMarketCap.Cardanocame third at 40%.\n• The survey of over 4,000 adults conducted June 29-July 9 also found that 67% of respondents with personal investments have crypto in their portfolio, and two-thirds of the crypto holders increased their digital-asset holdings during the pandemic.\n• Of those who haven’t invested in crypto, more than two-thirds cited lack of knowledge. Perceived market volatility also played a part in the decision.\n• Still, 34% of respondents who don’t own crypto said they plan to enter the market within the next 12 months\n• The most interesting aspect of crypto to all responders was decentralized finance, followed by crypto as an inflation hedge and non-fungible tokens.\n• Around 80% of crypto owners in Singapore are men and under 34, the survey found.\n• Women who own crypto have a higher median income than their male counterparts.\n• While 64% of all crypto holders have more than 5% of their portfolio in digital assets, a full fifth of those aged 18-24 said more than half of their investments are in crypto.\n• Singapore is emerging as Asia’s crypto hub, in part due tofavorable regulation.\n• Crypto Funds Suffer 6th Week of Outflows Despite Bitcoin Rally\n• Cryptocurrency Market Tops $2T for First Time Since May\n• Ether Upside Strengthens Relative to Bitcoin\n• Market Wrap: Bitcoin Slides as US Lawmakers Wrangle Over Crypto Tax Proposal', 'Ether is the most popular cryptocurrency in Singapore, a survey published Monday found. Almost four-fifths of crypto investors, 78%, hold ether compared with 69% who own bitcoin , according to a survey by crypto exchange Gemini, finance platform Seedly, and information provider CoinMarketCap. Cardano came third at 40%. The survey of over 4,000 adults conducted June 29-July 9 also found that 67% of respondents with personal investments have crypto in their portfolio, and two-thirds of the crypto holders increased their digital-asset holdings during the pandemic. Of those who haven\x92t invested in crypto, more than two-thirds cited lack of knowledge. Perceived market volatility also played a part in the decision. Still, 34% of respondents who don\x92t own crypto said they plan to enter the market within the next 12 months The most interesting aspect of crypto to all responders was decentralized finance, followed by crypto as an inflation hedge and non-fungible tokens. Around 80% of crypto owners in Singapore are men and under 34, the survey found. Women who own crypto have a higher median income than their male counterparts. While 64% of all crypto holders have more than 5% of their portfolio in digital assets, a full fifth of those aged 18-24 said more than half of their investments are in crypto. Singapore is emerging as Asia\x92s crypto hub, in part due to favorable regulation . Related Stories Crypto Funds Suffer 6th Week of Outflows Despite Bitcoin Rally Cryptocurrency Market Tops $2T for First Time Since May Ether Upside Strengthens Relative to Bitcoin Market Wrap: Bitcoin Slides as US Lawmakers Wrangle Over Crypto Tax Proposal', 'Etheris the most popular cryptocurrency in Singapore, a survey published Monday found.\n• Almost four-fifths of crypto investors, 78%, hold ether compared with 69% who ownbitcoin, according to a survey by crypto exchange Gemini, finance platform Seedly, and information provider CoinMarketCap.Cardanocame third at 40%.\n• The survey of over 4,000 adults conducted June 29-July 9 also found that 67% of respondents with personal investments have crypto in their portfolio, and two-thirds of the crypto holders increased their digital-asset holdings during the pandemic.\n• Of those who haven’t invested in crypto, more than two-thirds cited lack of knowledge. Perceived market volatility also played a part in the decision.\n• Still, 34% of respondents who don’t own crypto said they plan to enter the market within the next 12 months\n• The most interesting aspect of crypto to all responders was decentralized finance, followed by crypto as an inflation hedge and non-fungible tokens.\n• Around 80% of crypto owners in Singapore are men and under 34, the survey found.\n• Women who own crypto have a higher median income than their male counterparts.\n• While 64% of all crypto holders have more than 5% of their portfolio in digital assets, a full fifth of those aged 18-24 said more than half of their investments are in crypto.\n• Singapore is emerging as Asia’s crypto hub, in part due tofavorable regulation.\n• Crypto Funds Suffer 6th Week of Outflows Despite Bitcoin Rally\n• Cryptocurrency Market Tops $2T for First Time Since May\n• Ether Upside Strengthens Relative to Bitcoin\n• Market Wrap: Bitcoin Slides as US Lawmakers Wrangle Over Crypto Tax Proposal', 'Bitcoin, BTC to USD, slipped by 0.13% on Sunday. Following a 3.59% slide on Saturday, Bitcoin ended the week up by 7.37% to $47,084.0.\nA mixed start to the day saw Bitcoin rise to an early morning intraday high $47,369.0 before hitting reverse.\nFalling well short of the first major resistance level at $48,172, Bitcoin slid to an early afternoon intraday low $45,471.0.\nBitcoin fell through the first major support level at $45,966 before briefly revisiting $47,200 levels late in the day.\nThe near-term bullish trend remained intact, supported by the latest return to $48,000 levels. For the bears, Bitcoin would need a sustained fall through the 62% FIB of $27,237 to form a near-term bearish trend.\nAcross the rest of the majors, it was a mixed day on Sunday.\nCardano’s ADAfell by 0.95% to join Bitcoin in the red.\nIt was a bullish day for the rest of the majors, however.\nChainlinkrose by 2.69% to lead the way.\nBinance Coin(+1.33%),Bitcoin Cash SV(+1.70%),Ethereum(+1.36%),Litecoin(+1.01%), and Polkadot (+1.47%) weren’t far off.\nCrypto.com Coin(+0.06%) andRipple’s XRP(+0.41%) trailed the front runners, however.\nWhile it was a mixed end to the week, it was a bullish week for the majors.\nRipple’s XRP surged by 64.95% to lead the way, with Cardano’s ADA ending the week up by 52.04%.\nBinance Coin (+21.15%), Chainlink (+21.08%) and Litecoin (+23.27%) also found strong support.\nBitcoin Cash SV (+16.49%), Crypto.Com Coin (+9.20%), Ethereum (+9.85%), and Polkadot (+9.85%) trailed the front runners, however.\nFor the week, the crypto total market fell to a Monday low $1,696bn before rising to a Saturday high $2,022bn. At the time of writing, the total market cap stood at $1,999.5bn.\nBitcoin’s dominance rose to a Monday high 47.44% before falling to a Sunday low 44.12%. At the time of writing, Bitcoin’s dominance stood at 44.32%.\nAt the time of writing, Bitcoin was up by 0.19% to $47,111.0. A bullish start to the day saw Bitcoin rise from an early morning low $47,023.0 to a high $47,174.0.\nBitcoin left the major support and resistance levels untested early on.\nElsewhere, it was a bullish start to the day.\nAt the time of writing, Crypto.com Coin was up by 1.13% to lead the way.\nBitcoin would need to avoid the $46,621 pivot to bring the first major resistance level at $47,770 into play.\nSupport from the broader market would be needed for Bitcoin to break out from $47,500 levels.\nBarring a broad-based crypto rally, the first major resistance level and resistance at $48,000 would likely cap any upside.\nIn the event of an extended crypto rally, Bitcoin could test resistance at $49,000 levels before any pullback. The second major resistance level sits at $48,519.\nA fall through the $46,621 pivot would bring the first major support level at $45,872 into play.\nBarring an extended sell-off on the day, Bitcoin should steer clear of sub-$45,000 levels. The second major support level sits at $44,723.\nThisarticlewas originally posted on FX Empire\n• Ethereum, Litecoin, and Ripple’s XRP – Daily Tech Analysis – August 16th, 2021\n• USD/JPY Fundamental Weekly Forecast – Traders Eyeing Powell Speech, Fed Minutes for Clues About Tapering\n• Investors give value stocks a second look as bond yields rally\n• EOS, Stellar’s Lumen, and Tron’s TRX – Daily Analysis – August 16th, 2021\n• Natural Gas Price Fundamental Daily Forecast – Loosening Supply/Demand Balances Weighing on Bullish Sentiment\n• After a Busy Morning, it’s a Quiet Day ahead, Leaving Dollar Chatter in Focus', 'Bitcoin , BTC to USD, slipped by 0.13% on Sunday. Following a 3.59% slide on Saturday, Bitcoin ended the week up by 7.37% to $47,084.0. A mixed start to the day saw Bitcoin rise to an early morning intraday high $47,369.0 before hitting reverse. Falling well short of the first major resistance level at $48,172, Bitcoin slid to an early afternoon intraday low $45,471.0. Bitcoin fell through the first major support level at $45,966 before briefly revisiting $47,200 levels late in the day. The near-term bullish trend remained intact, supported by the latest return to $48,000 levels. For the bears, Bitcoin would need a sustained fall through the 62% FIB of $27,237 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was a mixed day on Sunday. Cardano’s ADA fell by 0.95% to join Bitcoin in the red. It was a bullish day for the rest of the majors, however. Chainlink rose by 2.69% to lead the way. Binance Coin (+1.33%), Bitcoin Cash SV (+1.70%), Ethereum (+1.36%), Litecoin (+1.01%), and Polkadot (+1.47%) weren’t far off. Crypto.com Coin (+0.06%) and Ripple’s XRP (+0.41%) trailed the front runners, however. While it was a mixed end to the week, it was a bullish week for the majors. Ripple’s XRP surged by 64.95% to lead the way, with Cardano’s ADA ending the week up by 52.04%. Binance Coin (+21.15%), Chainlink (+21.08%) and Litecoin (+23.27%) also found strong support. Bitcoin Cash SV (+16.49%), Crypto.Com Coin (+9. **Last 60 Days of Bitcoin's Closing Prices:** [38053.50, 35787.25, 35615.87, 35698.30, 31676.69, 32505.66, 33723.03, 34662.44, 31637.78, 32186.28, 34649.64, 34434.34, 35867.78, 35040.84, 33572.12, 33897.05, 34668.55, 35287.78, 33746.00, 34235.20, 33855.33, 32877.37, 33798.01, 33520.52, 34240.19, 33155.85, 32702.03, 32822.35, 31780.73, 31421.54, 31533.07, 31796.81, 30817.83, 29807.35, 32110.69, 32313.11, 33581.55, 34292.45, 35350.19, 37337.54, 39406.94, 39995.91, 40008.42, 42235.55, 41626.20, 39974.89, 39201.95, 38152.98, 39747.50, 40869.55, 42816.50, 44555.80, 43798.12, 46365.40, 45585.03, 45593.64, 44428.29, 47793.32, 47096.95, 47047.00] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2021-08-16 **Financial & Commodity Data:** - Gold Closing Price: $1786.90 - Crude Oil Closing Price: $67.29 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $883,599,319,775 - Hash Rate: 124500915.7076194 - Transaction Count: 263529.0 - Unique Addresses: 628859.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.72 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: (Bloomberg) -- China’s crackdown on cryptocurrencies will probably intensify and may even lead to an outright ban on holding the tokens, according to Bobby Lee, one of the country’s first Bitcoin moguls. Lee knows what it’s like to be on the wrong side of Beijing: He sold BTC China, the nation’s first Bitcoin exchange and at one point the second biggest worldwide, in the aftermath of a crackdown in 2017. China has launched a new campaign against cryptocurrencies this year, taking action against miners and imposing curbs on crypto banking services and trading. The moves have fueled Bitcoin’s drop to about half its mid-April record near $65,000. “The next thing they could do, the final straw, would be something like banning cryptocurrency altogether,” Lee said in an interview at his office in a WeWork space in downtown Shanghai, without elaborating on how a ban might be enforced. “I put it at the odds of 50-50.” Lee recently returned to China after spending time in the U.S. and publishing a book, “The Promise of Bitcoin.” He’s now focused on his latest venture, Ballet Global Inc., which produces a hardware wallet that stores cryptocurrencies. Lee is still a Bitcoin bull, predicting it could end this year around $250,000 and reach $1 million by 2025. He declined to disclose his Bitcoin holdings.Lee’s comments below have been edited for clarity and brevity: What do you think about the current Chinese crackdown on miners? The government realized that in order to achieve financial stability, they don’t want to see an unregulated, volatile financial product that’s being traded, used and invested by the Chinese population. China actually didn’t bother to differentiate green, renewable energy powered Bitcoin mining facilities versus the dirty coal powered ones. So to me, that’s a sign that it wasn’t about the cleanliness of the mining, but rather is more of a higher level sort of perspective about financial stability for the country. Is the government done with their measures to crack down on Bitcoin? I think there’s a few more things they could do. China knows that it still has many companies, exchanges operating in China. So the government could kick them out. I heard rumors that they might be doing that soon if not already. The final straw would be something like banning cryptocurrency altogether. We’ve heard over the years that China has banned Bitcoin, technically that’s not true. Even today in July of 2021, Bitcoin is legal to own. You’re allowed to buy it, sell it to your friends or strangers. However, it’s just that you can’t do it through a platform or business, because all those businesses, all those platforms have been shut down. When Bitcoin goes to $500,000, $1 million, China might ban Bitcoin altogether when people are no longer allowed to hold it. And that’s gonna be a lot of selling pressure on Bitcoin at that time. I put the odds at 50-50. What advice would you give miners? If they have capital equipment, they should sell that because it’s going to be worth less over time. I know many people are exporting these machines. North America has a big appetite for mining machines due to they have a lot of space, a lot of cheap electricity, and a lot of investors who want to put up their money for this hardware. How important is the mainland Chinese market to Bitcoin? The China market for Bitcoin has always been important, but going forward it’s going to be less and less important. China, just like many of the Asian countries, has always had a population that’s very much into investing in volatile assets. And that’s why Bitcoin has been very popular. I think there will be a few more announcements coming up in the next few months that’ll really stop all the exchanges in their tracks in China. So unfortunately trading crypto will be a thing of the past, once you get past this year. And in a way it’s a good thing for crypto because in my heart, I always knew that Bitcoin’s success never depended on China. Just like it doesn’t depend on any one country, any one group of people. Is the digital yuan the reason for the crypto crackdown? The central bank digital currency version of RMB is not real competition against what we call traditional cryptocurrencies like Bitcoin and Ethereum. The digital yuan is really an evolution of the existing fiat money used in China. For the most part, I don’t think the regulatory agencies’ perspective about Bitcoin is caused by the upcoming digital RMB. And your forecast for Bitcoin? I don’t officially give financial advice, but personally I’m confident that the latter half of this year Bitcoin will go back above $65,000. I think it’ll peak out over $250,000 later this year. Next year will be a bear market cycle. So we’ll see Bitcoin fall back down 50%-80% from the all-time high. I think Bitcoin will have its bull cycle every three or four years in the coming years. I expect Bitcoin to pass a million, two million dollars easily in the next 10-15 years. In fact the next cycle I predict to be in the year 2024 or 2025, and that’s when Bitcoin will cross half a million dollars and might even touch $1 million. What’s the next big thing in China’s crypto industry? Two topics are very hot. There’s decentralized finance, or DeFi, that started last year and now the topic of non-fungible tokens, or NFTs. I personally think they’re both more hype. I think this year with the bull market coming up, the hype will get stronger. I think they’ll rest in peace next year or the year after. We support DeFi and we support NFTs, so I’m happy to be on the bandwagon for both of those. More stories like this are available onbloomberg.com Subscribe nowto stay ahead with the most trusted business news source. ©2021 Bloomberg L.P.... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
44695.36, 44801.19, 46717.58, 49339.18, 48905.49, 49321.65, 49546.15, 47706.12, 48960.79, 46942.22
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['It was a quiet start to the day on theeconomic calendarthis morning. There were no material stats in the early hours to provide the markets with direction. While there were no stats, however, the RBA meeting minutes were in focus this morning.\nSalient points from theminutesincluded:\n• The recovery had established strong momentum prior to recent outbreaks of the Delta variant.\n• Accompanying lockdowns had introduced a high degree of uncertainty to the outlook for the 2ndhalf of 2021.\n• Members expect economic activity and employment to decline in the 2nd\n• The high transmission of the Delta variant raised the possibility that a more gradual reopening would be needed compared with early episodes.\n• Under the assumption that further lengthy lockdowns would be limited, the economy was forecast to rebound from the current setback later in the year.\n• This is based on an easing of restrictions to follow a similar pattern as previous observed.\n• Beyond the virus outbreaks, underlying momentum in the economy, strengthened balance sheets, substantial fiscal support, progress on the vaccination front, and the ability of the economy to adapt supported the recovery outlook.\n• For 2023, output was expected to be higher than previously forecast in May.\n• Household spending had been tracking strongly in the months prior to the recent lockdowns.\n• Consumption continues to recover over April and May before restrictions affected spending in June.\n• The board reaffirmed the previously announced change in the rate of bond purchases. However, the bond purchase program will continue to be reviewed in light of economic conditions and the health situation.\n• Additionally, the board would be prepared to act in response to any further bad news on the health front.\n• In any event, the Board will not increase the cash rate until actual inflation is sustainably within the 2-3% target range.\n• The central scenario for the economy is that this condition will not be met before 2024.\nThe Aussie Dollar moved from $0.73260 to $0.73150 upon release of the minutes. At the time of writing, theAussie Dollarwas down by 0.37% to $0.7311.\nAt the time of writing, theJapanese Yenwas up 0.01% to ¥109.230 against the U.S Dollar, while theKiwi Dollarwas down by 0.07% to $0.7014.\nIt’s a relatively busy day ahead on the economic data front. Eurozone 2ndestimate GDP numbers and employment change figures for the 2ndquarter are due out later today.\nExpect any revisions to the GDP numbers to be key.\nAt the time of writing, theEURwas down by 0.03% to $1.1774.\nIt’s a busy day ahead on theeconomic calendar. Employment figures are due out later this morning. While earnings is an important consideration, claimant counts and employment change figures will likely have a greater impact.\nAt the time of writing, thePoundwas down by 0.14% to $1.3830.\nIt’s a busy day ahead on the economic calendar. Retail sales, industrial production, and business inventories are due out.\nThe focus will be on consumption, with any weak retail sales figures likely to materially impact the Dollar.\nAt the time of writing, the U.S Dollar Spot Index was up by 0.01% to 92.641.\nIt’s a quiet day on the economic calendar. Housing sector figures for July are due out that will likely have a muted impact on the Loonie.\nMarket risk sentiment and impact on crude oil prices will be key ahead of the numbers from the U.S.\nAt the time of writing, theLooniewas down by 0.13% to C$1.2590 against the U.S Dollar.\nFor a look at all of today’s economic events, check out oureconomic calendar.\nThisarticlewas originally posted on FX Empire\n• USD/JPY Forex Technical Analysis – Weakens Under 109.076, Strengthens Over 109.569\n• Fitch Warns El Salvador It’s Risky To Adopt Bitcoin As Legal Tender\n• Dogecoin – Daily Tech Analysis – August 17th, 2021\n• S&P 500, Dow hit record highs as defensive shares shine\n• Target Corp to Benefit From Back-To-School Sales; Stocks Could Hit New Highs\n• GBP/USD Daily Forecast – British Pound Is Under Pressure', 'Earlier in the Day: It was a quiet start to the day on the economic calendar this morning. There were no material stats in the early hours to provide the markets with direction. While there were no stats, however, the RBA meeting minutes were in focus this morning. For the Aussie Dollar Salient points from the minutes included: The recovery had established strong momentum prior to recent outbreaks of the Delta variant. Accompanying lockdowns had introduced a high degree of uncertainty to the outlook for the 2 nd half of 2021. Members expect economic activity and employment to decline in the 2 nd The high transmission of the Delta variant raised the possibility that a more gradual reopening would be needed compared with early episodes. Under the assumption that further lengthy lockdowns would be limited, the economy was forecast to rebound from the current setback later in the year. This is based on an easing of restrictions to follow a similar pattern as previous observed. Beyond the virus outbreaks, underlying momentum in the economy, strengthened balance sheets, substantial fiscal support, progress on the vaccination front, and the ability of the economy to adapt supported the recovery outlook. For 2023, output was expected to be higher than previously forecast in May. Household spending had been tracking strongly in the months prior to the recent lockdowns. Consumption continues to recover over April and May before restrictions affected spending in June. The board reaffirmed the previously announced change in the rate of bond purchases. However, the bond purchase program will continue to be reviewed in light of economic conditions and the health situation. Additionally, the board would be prepared to act in response to any further bad news on the health front. In any event, the Board will not increase the cash rate until actual inflation is sustainably within the 2-3% target range. The central scenario for the economy is that this condition will not be met before 2024. Story continues The Aussie Dollar moved from $0.73260 to $0.73150 upon release of the minutes. At the time of writing, the Aussie Dollar was down by 0.37% to $0.7311. Elsewhere At the time of writing, the Japanese Yen was up 0.01% to ¥109.230 against the U.S Dollar, while the Kiwi Dollar was down by 0.07% to $0.7014. The Day Ahead For the EUR It’s a relatively busy day ahead on the economic data front. Eurozone 2 nd estimate GDP numbers and employment change figures for the 2 nd quarter are due out later today. Expect any revisions to the GDP numbers to be key. At the time of writing, the EUR was down by 0.03% to $1.1774. For the Pound It’s a busy day ahead on the economic calendar . Employment figures are due out later this morning. While earnings is an important consideration, claimant counts and employment change figures will likely have a greater impact. At the time of writing, the Pound was down by 0.14% to $1.3830. Across the Pond It’s a busy day ahead on the economic calendar. Retail sales, industrial production, and business inventories are due out. The focus will be on consumption, with any weak retail sales figures likely to materially impact the Dollar. At the time of writing, the U.S Dollar Spot Index was up by 0.01% to 92.641. For the Loonie It’s a quiet day on the economic calendar. Housing sector figures for July are due out that will likely have a muted impact on the Loonie. Market risk sentiment and impact on crude oil prices will be key ahead of the numbers from the U.S. At the time of writing, the Loonie was down by 0.13% to C$1.2590 against the U.S Dollar. For a look at all of today’s economic events, check out our economic calendar . This article was originally posted on FX Empire More From FXEMPIRE: USD/JPY Forex Technical Analysis – Weakens Under 109.076, Strengthens Over 109.569 Fitch Warns El Salvador It’s Risky To Adopt Bitcoin As Legal Tender Dogecoin – Daily Tech Analysis – August 17th, 2021 S&P 500, Dow hit record highs as defensive shares shine Target Corp to Benefit From Back-To-School Sales; Stocks Could Hit New Highs GBP/USD Daily Forecast – British Pound Is Under Pressure', 'GENEVA, Aug. 16, 2021 (GLOBE NEWSWIRE) -- Liti Capital , the Swiss-based litigation financing company that makes private equity investing accessible to everyone through blockchain technology, listed its wLITI token for the first time on HitBTC, a centralized exchange (CEX). wLITI’s first CEX listing follows its recent listings on decentralized exchanges Uniswap and 1inch Exchange. Having launched earlier this year, Liti Capital is already making waves in traditional investing by bringing litigation financing — an investment practice traditionally monopolized by hedge fund heavyweights and elite investors — to the masses. “We are very excited to list on HitBTC,” said Jonas Rey , CEO of Liti Capital, adding, “This represents a major milestone toward our goal of leveling the playing field for litigation finance. Legal claims are an extremely appealing asset class because they can be so lucrative, and we provide a means for anyone to get in on this exciting investment opportunity.” Founded in 2013, HitBTC is one of the oldest and largest spot-trading cryptocurrency exchanges in the world. It is well-known for its state-of-the-art matching engine, high-security measures and low trading fees. With a trading robot-friendly API and 24-hour customer service, HitBTC is a popular exchange with over 800 trading pairs and more than 400 spot instruments. According to the HitBTC team, as a project that embodies a new paradigm for traditional investing, Liti Capital represents great potential. The exchange is proud to support an initiative that makes litigation financing, an attractive but prohibitive asset class, a viable investment strategy for every investor. Putting traditional investing on the blockchain Litigation financing is the practice of bringing in investors to cover the cost o **Last 60 Days of Bitcoin's Closing Prices:** [35787.25, 35615.87, 35698.30, 31676.69, 32505.66, 33723.03, 34662.44, 31637.78, 32186.28, 34649.64, 34434.34, 35867.78, 35040.84, 33572.12, 33897.05, 34668.55, 35287.78, 33746.00, 34235.20, 33855.33, 32877.37, 33798.01, 33520.52, 34240.19, 33155.85, 32702.03, 32822.35, 31780.73, 31421.54, 31533.07, 31796.81, 30817.83, 29807.35, 32110.69, 32313.11, 33581.55, 34292.45, 35350.19, 37337.54, 39406.94, 39995.91, 40008.42, 42235.55, 41626.20, 39974.89, 39201.95, 38152.98, 39747.50, 40869.55, 42816.50, 44555.80, 43798.12, 46365.40, 45585.03, 45593.64, 44428.29, 47793.32, 47096.95, 47047.00, 46004.48] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2021-08-17 **Financial & Commodity Data:** - Gold Closing Price: $1785.00 - Crude Oil Closing Price: $66.59 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $880,918,162,562 - Hash Rate: 133007189.45161822 - Transaction Count: 257766.0 - Unique Addresses: 618951.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.72 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Top Players in the global Cryptocurrency Market are Microsoft Corporation, BitFury Group Limited, Advanced Micro Devices, Inc., Ripple Labs Inc., Intel Corporation, NVIDIA Corporation, Coinbase Ltd., AlphaPoint Corporation, Xilinx Inc., BitGo, and BTL Group Ltd Pune, India, July 01, 2021 (GLOBE NEWSWIRE) -- The worldwidecryptocurrency marketsize is anticipated to arriveat USD 1,758.0 millionby 2027, displayinga CAGR of 11.2%during the estimated time frame. Cryptocurrency is a system of virtual currency exchange that is aimed to eliminate financial intermediaries. The developing tendency of people in created nations towards virtual cash trade strategies will immensely affect the market during the gauge time frame. The joining of blockchain innovation in cryptographic money for quick, secure, and compelling exchanges will reinforce sound development of the market in the impending years, referenced in a report, titled “Cryptocurrency Market Size, Share and COVID-19 Impact Analysis, By Component (Hardware, Software), By Type (Bitcoin, Ether, Litecoin, Ripple, Ether Classic, Others), By End-use (Trading, E-commerce and Retail, Peer-to-Peer Payment, and Remittance), and Regional Forecast, 2021 – 2027 ”, the market size stood at USD 754.0 million in 2021. To get to know more about the short-term and long-term impact of COVID-19 on this market, Please Visit:https://www.fortunebusinessinsights.com/industry-reports/cryptocurrency-market-100149 COVID-19 Impact: Coronavirus has plummeted the growth of the financial market across the globe, including the cryptocurrency market. The level of stability in the digital currency landscape has considerably diminished. The market is attracting investments despite the uncertainty prevailing in the digital currency industry. Digital currencies like Ethereum, Bitcoin, etc., have witnessed inflation in prices despite the pandemic. Firms across several nations have paused their mining operations due to the pandemic. Some countries like Russia have delayed the deployment of cryptocurrency laws due to the pandemic. Raging Coronavirus to Sway Market Potential The outbreak of COVID-19 has negatively impacted the global economy. The regression in the stock market has directedly created concerns for the bitcoins. For instance, 12 March 2021, the price of Bitcoin fell below USD 4,000 after a sharp decline in the S&P Index in the U.S. The market crash has incited an increase in investment capital by blockchain companies to compensate for the losses. Giant blockchain analytics, Elliptic, Chainalysis, and CipherTrace declared that they have cut-price and reduced staffs or intend to do so in the immediate future to lessen the economic effects of the coronavirus pandemic. For instance, CipherTrace has decreased the jobs of the advertising and marketing departments. Whereas Elliptic has eliminated 30% of the workers in the U.S. and the U.K and Chainalysis has planned to reduce employees' wages by 10% to mitigate the risks. We are taking consistent endeavors to assist your business with supporting and develop during COVID-19 pandemics. In view of our experience and aptitude, we will offer you an effective investigation of Covid episodes across enterprises to assist you with setting up what's to come. Request a Sample Copy of Report:https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/cryptocurrency-market-100149 Segmentation: Based on components, the market bifurcates into software and hardware. Based on type, the market is classified into Ether, Ether Classic, Bitcoin, Ripple, Litecoin, etc. On the basis of its end-user, the market segments into e-commerce and retail, remittance, trading, and peer-to-peer payment. Geographically, the market is categorized into North America, Asia Pacific, Europe, Latin America, and the Middle East & Africa. Market Driver: Rising Popularity of Digital Currency to Augment Growth The rising pattern of cryptocurrency has prompted the acknowledgment of computerized coins like Bitcoins, Litecoins, Ethers, and the sky is the limit from there. The simple and adaptable conditional strategy offered by cryptographic money has encouraged the Central Bank Digital Currency (CBDC) movement arrangements across the world. For example, the Bank of Thailand and the Central Bank of Uruguay have applied for the tool stash to its CBDC assessment measure. The toolbox conveys a guide for the nations to gain ground rapidly and break down CBDC as a trade medium. Moreover, the expanding interest in blockchain and cryptographic money by significant organizations will empower the rapid development of the market. For example, in October 2021, Qtum Chain Foundation, a publicly released blockchain application stage situated in Singapore reported an association with Amazon Web Services (AWS) China to convey blockchain frameworks on the AWS cloud. The organization will permit help AWS clients to utilize Amazon Machine Images (AMI) to create and distribute shrewd agreements effectively and productively. Likewise, the presentation of exceptional advanced monetary standards by prominent organizations will impact the market decidedly soon. For example, in June 2021, Facebook, Inc. declared the dispatch of advanced money named Libra. Libra will empower clients to purchase things or send cash to other people and money out Libra on the web or at basic food item shops. Regional Insights: Existential Players to Promote Growth in North America The market in North America remained at USD 250.9 million out of 2021 and is anticipated to multiply in the approaching years. The development in the district is credited to the rising fame of bitcoins in the US. The presence of major famous players will cultivate development in the locale during the conjecture time frame. The Asia Pacific is required to observe critical development during the figure time frame attributable to the innovative turns of events and acknowledgment of virtual money in Japan. The developing joint efforts among central members will fundamentally support the digital money market development in the Asia Pacific. For example, in January 2021, Z Corporation, Inc. also, TaoTao, Inc. declared a joint endeavor with the monetary help office to grow its essence by affirming administrative consistency in the Japanese market. Speak To Our Analyst:https://www.fortunebusinessinsights.com/enquiry/speak-to-analyst/cryptocurrency-market-100149 Competitive Landscape: Acquisitions and New Product Launches to Intensify Market Growth The global market consists of several key players operating at regional and global levels. These giants focus on enhancing their platforms by acquisitions, partnerships, and expanding their digital infrastructures. For instance, Binance.com introduced the ‘binance cloud’ to offer digital asset exchange with security and liquidity in February 2019. Industry Developments- • April 2020: Bitcoin.com announced a partnership with the Bit Mining company to expand its services across Japan. • November 2019: Binance.com acquired WazirX. The acquisition has enabled the adoption and production of new financial technologies to simplify access to cryptocurrency. Key Players in the Global Cryptocurrency Market are: • BitGo Inc. (U.S.) • Binance, com (Malta) • Bitfury Group Limited (The Netherlands) • Coinbase (U.S.) • Coindesk.com (U.S.) • Intel Corporation (U.S.) • Ripple Labs Inc. (U.S.) • Xilinx (U.S.) • Bitmain Technologies Ltd. (Saint Bitts LLC) (China) Quick Buy- Cryptocurrency Market Research Report:https://www.fortunebusinessinsights.com/checkout-page/100149 Major Table of Contents: • IntroductionDefinition, By SegmentResearch ApproachSources • Executive Summary • Market DynamicsDrivers, Restraints, and OpportunitiesEmerging Trends • Key InsightsMacro and Micro Economic IndicatorsConsolidated SWOT Analysis of Key PlayersCOVID-19 Impact Analysis • Global Cryptocurrency Market Analysis, Insights and Forecast, 2016 – 2027Key Findings / SummaryMarket Size Estimates and ForecastsBy Component (Value)HardwareFPGAASICGPUOthers (Paper Wallet, Web Wallet, etc.)SoftwareMining SoftwareExchanges SoftwareWalletPaymentOthers (Vaults, Encryption, etc.)By Type (Value)BitcoinEtherLitecoinRippleEther ClassicOthers (Dogecoin, Moneor, Dash, etc.)By End-use (Value)TradingE-commerce and RetailPeer-to-Peer PaymentRemittanceBy Region (Value)North AmericaEuropeAsia PacificMiddle East and AfricaLatin America TOC Continued…! Ask for Customization of this Report:https://www.fortunebusinessinsights.com/enquiry/customization/cryptocurrency-market-100149 Have a Look at Related Research Insights: Blockchain MarketSize, Share & COVID-19 Impact Analysis, By Component (Platform/Solution and Blockchain-as-a-Service (BaaS)), By Blockchain Type (Public, Private, and Consortium), By Deployment (Proof of Concept, Pilot, and Production), By Application (Digital Identity, Payments, Smart Contract, and Others), By Industry (BFSI, Energy & Utilities, Government, Healthcare and Life Sciences, Manufacturing, Telecom), and Regional Forecast, 2020-2027 Fiber Optics MarketSize, Share & Industry Analysis, By Component (Hardware, Software, Services), By Application (Telecommunication, Smart Cities, Power Utilities, Aerospace and Defense, Industrial Automation and Control, Renewable Energy, Others), and Regional Forecast, 2020-2027 Facial Recognition MarketSize, Share & Covid-19 Impact Analysis, By Component (Solutions, Services), By Technology (2D Facial Recognition, 3D Facial Recognition, Thermal Face Recognition, Skin Texture Analysis, and Others, By Application (Face Identification, Access Control, Security & Surveillance, and Others, By End-user (BFSI, Healthcare, Government & Defense, IT & Telecom, Retail & ecommerce), and Regional Forecast, 2020-2027 Cloud Based Contact Center MarketSize, Share & COVID-19 Impact Analysis, By Component (Solutions and Services), By Deployment (Public, Private, and Hybrid), By Organization Size (Large Organizations, Small and Medium-Sized ... - Reddit Posts (Sample): [['u/DDiggins8', 'What is the end goal?', 11, '2021-08-17 00:16', 'https://www.reddit.com/r/CryptoCurrency/comments/p5qidp/what_is_the_end_goal/', 'Bitcoin, ETH, LINK, etc are all great and have visions of becoming the next currency of the world. With so many of these coins around what is the end goal of a cryptocurrency? I can’t seem to visualize a world where you have to pay for things online with 50 different coins and 50 different values. I may be missing the point and if so, please let me know, but it’s hard to see where this all ends. Would someone care to guide me?', 'https://www.reddit.com/r/CryptoCurrency/comments/p5qidp/what_is_the_end_goal/', 'p5qidp', [['u/step11234', 21, '2021-08-17 00:17', 'https://www.reddit.com/r/CryptoCurrency/comments/p5qidp/what_is_the_end_goal/h97r85o/', 'Most of these are not intended to be currencies but assets or means to power the blockchain.', 'p5qidp']]], ['u/Markmanus', 'CRO as Worst and Best', 21, '2021-08-17 00:27', 'https://www.reddit.com/r/Crypto_com/comments/p5qpq9/cro_as_worst_and_best/', 'During these bull periods is a bit disappointing that CRO is always the worst performing crypto from the top 100 and dropping from 30 to 40 shows this too.\n\nHowever the opposite is true during bear runs, as CRO is one of the least affected.\n\nWhat do you think, the fact that CRO is less affected by bitcoin is a good thing?\n\nI cannot help but i keep comparing BNB to CRO. Reading historical conversations, everyone was complaining about BNB as that was one of the worst performing currency for many months, until it skyrocketed and did a 20x in a short period.\n\nDoes CRO have the potential to do something similar?\nPumping large amount of money in to PR will be enough to gain more space in cryptoworld?', 'https://www.reddit.com/r/Crypto_com/comments/p5qpq9/cro_as_worst_and_best/', 'p5qpq9', [['u/ClassicLower', 15, '2021-08-17 01:11', 'https://www.reddit.com/r/Crypto_com/comments/p5qpq9/cro_as_worst_and_best/h97ymes/', "I just took a look at the CRO/BTC price history on coinmarketcap and since around the end of February it has more or less kept up with BTCs price fluctuations.\n\nOf course if you are comparing it to some of the big gainers it won't look that great but honestly I think the stability gives me peace of mind by not having to worry about it crashing overnight. Similarly to BTC it doesn't sell off as much but also doesn't pump as much but I'm ok with that.\n\nYou could always invest in some other alt coins if you want to see those larger gains but of course it comes with the added risk :)\n\nDisclaimer: I only hold BTC and ETH + CRO stake for Jade card", 'p5qpq9'], ['u/Markmanus', 10, '2021-08-17 01:16', 'https://www.reddit.com/r/Crypto_com/comments/p5qpq9/cro_as_worst_and_best/h97z8nn/', "I did invest in Chromia which went from 0.05 to 0.5 suddenly(no its somewhere 0.30) and stupidly invested in wtc where im 40% down, so yeah... I sold all my btc and eth few months ago halfway up to ath which is okayish. (bought eth at 300 and sold at 1800)\n\nNow 70% of my holdings are CRO, rest is different altcoins.\n\nTo be honest i don't understand how cro not in top 10, as they have 2000 people behind them with a working product and investments.", 'p5qpq9'], ['u/imcunningh4m', 20, '2021-08-17 01:17', 'https://www.reddit.com/r/Crypto_com/comments/p5qpq9/cro_as_worst_and_best/h97zehm/', "You have to remember that CRO is not on other exchanges and that it's a utility token. When CDC gets the app support and all that good stuff running, the coin will have more use and will probably go up tremendously. Right now it's literally only useful to CDC users\n\nBNB is the gateway drug to shitcoins", 'p5qpq9'], ['u/bsm21222', 12, '2021-08-17 03:20', 'https://www.reddit.com/r/Crypto_com/comments/p5qpq9/cro_as_worst_and_best/h98fgmh/', 'I think CRO will continue to drop in ranking during this bull run and climb during the bear market. CRO will be the only crypto I plan to hold during the bear market because if I sell it I will lose the card I love. The only way I see the price doing well is if CRO mainnet get big adoption. I do think the price will rise further but no as much as other cryptos. The burning of 70% of the tokens was the most bullish news we could of hoped for and the price is still lower than what is was this time last year.\n\nAs for BNB they had two large factors for gigantic price increase. One was the massive gas fees on eth made many projects go onto the BSC making it the number two blockchain. Two was the Coinbase pre-IPO valuation of over $100B.', 'p5qpq9']]], ['u/RodolfoPozo', "When you think about bitcoin, what's the first thing that comes to your mind?", 21, '2021-08-17 00:53', 'https://www.reddit.com/r/BitcoinBeginners/comments/p5r6uq/when_you_think_about_bitcoin_whats_the_first/', 'I go first: A way better monetary policy!', 'https://www.reddit.com/r/BitcoinBeginners/comments/p5r6uq/when_you_think_about_bitcoin_whats_the_first/', 'p5r6uq', [['u/cebcebcebcebe', 15, '2021-08-17 00:55', 'https://www.reddit.com/r/BitcoinBeginners/comments/p5r6uq/when_you_think_about_bitcoin_whats_the_first/h97wf59/', 'Why I did not bought more at 29.5 K $', 'p5r6uq'], ['u/rmortz', 11, '2021-08-17 02:34', 'https://www.reddit.com/r/BitcoinBeginners/comments/p5r6uq/when_you_think_about_bitcoin_whats_the_first/h989dpt/', 'Freedom', 'p5r6uq']]], ['u/sikeig', 'Ethereum vs. Cardano — I asked the reasons why they are invested — Here are the answers', 21, '2021-08-17 01:07', 'https://www.reddit.com/r/CryptoCurrency/comments/p5rgkc/ethereum_vs_cardano_i_asked_the_reasons_why_they/', "I asked in both reddits the same exact simple question: “*What are the reasons you are invested in Ethereum/Cardano*”\nThese are the top five most upvoted answers.\n\n**Ethereum**\n\n**1.)** “*I think smart contracts might solve problems in a few years better than any system currently*”\n\n**2.)** “*Smart contracts, NFTs, and hedging against a potential market crash.\nBut mostly curiosity and the fact that it feels like web 1.0 all over again (wen flash games?)*”\n\n**3.)** “*A full bitcoin cost too much*”\n\n**4.)** “*I’m a banker. Saw the power of smart contracts and defi. The time and overhead to pass a trustable doc from left hand to right hand is ridiculous. All the intermediaries in between will eventually be wiped out.*”\n\n**5.)** “*Stupid question with only one answer. For the money. Every answer will be some variation of that simple answer. Investing is, quite literally, about trying to make money off of your money.*”\n\n**Cardano**\n\n**1.)** “*Fucking tired of being poor, time for a change*”\n\n**2.)** “*There peer review and rigor on the development side, it will prove to a be long term sustainable product.*”\n\n**3.)** “*My mom's need's surgery, hope i can get a profit to help the costs. Just working a normal job wont net enough for the time needed to do the surgery.*”\n\n**4.)** “*Academic rigor. Imo this will be key to really transformational projects in the future.*”\n\n**5.)** “*Trying to climb out of poverty*”", 'https://www.reddit.com/r/CryptoCurrency/comments/p5rgkc/ethereum_vs_cardano_i_asked_the_reasons_why_they/', 'p5rgkc', [['u/JustDownInTheMines', 11, '2021-08-17 01:08', 'https://www.reddit.com/r/CryptoCurrency/comments/p5rgkc/ethereum_vs_cardano_i_asked_the_reasons_why_they/h97y7zm/', 'Competition between these two is positive for both projects. They can coexist and both do great things.', 'p5rgkc'], ['u/RetahdedMonke', 11, '2021-08-17 01:12', 'https://www.reddit.com/r/CryptoCurrency/comments/p5rgkc/ethereum_vs_cardano_i_asked_the_reasons_why_they/h97yrtz/', 'Two of the ADA answers were about peer review and academic rigor.', 'p5rgkc']]], ['u/ftrader', 'Announcing Bitcoin Cash Node v23.1.0', 115, '2021-08-17 01:33', 'https://www.reddit.com/r/btc/comments/p5rx3u/announcing_bitcoin_cash_node_v2310/', '__Release announcement: Bitcoin Cash Node v23.1.0__\n\nThe Bitcoin Cash Node (BCHN) project is pleased to announce its minor release version 23.1.0.\n\nThis release implements some interface enhancements and includes a number of corrections and performance improvements. Interface changes are fully backward compatible and require no adaptation of other systems.\n\nUsers who are running any of our previous releases are recommended to upgrade to v23.1.0.\n\nFor the full release notes, please visit:\n\nhttps://github.com/bitcoin-cash-node/bitcoin-cash-node/releases/tag/v23.1.0\n\nExecutables and source code for supported platforms are available at the above link, or via the download page on our project website at\n\nhttps://bitcoincashnode.org\n\nWe hope you enjoy our latest release and invite you to join us to improve Bitcoin Cash.\n\nSincerely,\n\nThe Bitcoin Cash Node team.', 'https://www.reddit.com/r/btc/comments/p5rx3u/announcing_bitcoin_cash_node_v2310/', 'p5rx3u', [['u/ftrader', 36, '2021-08-17 01:35', 'https://www.reddit.com/r/btc/comments/p5rx3u/announcing_bitcoin_cash_node_v2310/h981te6/', "My thanks to all who contributed to this release!\n\nFor details on what's in it, please take a good look at the [Release Notes](https://github.com/bitcoin-cash-node/bitcoin-cash-node/releases/tag/v23.1.0).\n\n---\n\nNote: Ubuntu packages are available for Xenial, Bionic, Focal and Hirsute releases.\n\nIt may take a little while more until Docker / AUR / Fedora repositories are updated.\n\nIf you run into any issues, please notify us in some way, e.g. on the [Issue tracker](https://gitlab.com/bitcoin-cash-node/bitcoin-cash-node/-/issues) or via chat on Slack or Telegram.", 'p5rx3u'], ['u/FerriestaPatronum', 24, '2021-08-17 03:23', 'https://www.reddit.com/r/btc/comments/p5rx3u/announcing_bitcoin_cash_node_v2310/h98ft38/', 'Congratulations, gents!', 'p5rx3u'], ['u/atroxes', 22, '2021-08-17 05:23', 'https://www.reddit.com/r/btc/comments/p5rx3u/announcing_bitcoin_cash_node_v2310/h98us02/', 'Solid work, many great improvements, thank you!', 'p5rx3u'], ['u/MemoryDealers', 43, '2021-08-17 05:28', 'https://w... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
44801.19, 46717.58, 49339.18, 48905.49, 49321.65, 49546.15, 47706.12, 48960.79, 46942.22, 49058.67
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ["Puerto Rican technology company Bots Inc (OTCMKTS: BTZI) is making Dogecoin (CRYPTO: DOGE) a payment option for buying pre-owned Teslas. What Happened: According to the company's press release , it has enabled local car dealerships to start accepting DOGE and other cryptocurrencies as payment. Bots said it moved to offer Dogecoin merchant services after seeing demand from car dealers and manufacturers. Why It Matters: After the crypto boom in 2020, dealerships reportedly recognized that the rising popularity of cryptocurrencies like Bitcoin (CRYPTO: BTC) and Dogecoin was an opportunity to reach new customers. What’s more, the price of used cars has rapidly increased over the same period, driven by the global shortage in microchips forcing cutbacks in production. For instance, automotive research site iSeeCars.com found that an average new Model 3 sells for $44,409, while a lightly used version is listed for $45,677. “Buyers are willing to pay extra for a used Tesla Model 3 because the Model 3 is still relatively uncommon in the used car marketplace. And despite the high resale value of its used versions, it is the most affordable Tesla available,” said iSeeCars Executive Analyst Karl Brauer to the Observer. What Else: Last month, Tesla Inc (NASDAQ: TSLA ) CEO Elon Musk hinted that the company could soon resume accepting Bitcoin as payment for its electric vehicles. “I want to do a little more diligence to confirm that the percentage of renewable energy usage is most likely at or above 50% and that there is a trend towards increasing that number. If so, Tesla will resume accepting Bitcoin,” he said. For now, however, used cars dealers that opt to provide their customers with the option of using crypto to make purchases can do so with Bots’ merchant services. Price Action: At press time, Dogecoin was trading at $0.2984, down 6.39% over the past 24-hours. Read next: If Bitcoin Bulls Are Right, Environmental Damage Would Be Disastrous: Report Story continues See more from Benzinga Click here for options trades from Benzinga Chainalysis Report: 37 Billion Dogecoin Is Owned By Only 31 Investors Ethereum Trading Volume On Coinbase Outpaces Bitcoin For The First Time In Q2 © 2021 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.", "Puerto Rican technology companyBots Inc(OTCMKTS: BTZI) is makingDogecoin(CRYPTO: DOGE) a payment option for buying pre-owned Teslas.\nWhat Happened:According to the company'spress release, it has enabled local car dealerships to start accepting DOGE and other cryptocurrencies as payment.\nBots said it moved to offer Dogecoin merchant services after seeing demand from car dealers and manufacturers.\nWhy It Matters:After the crypto boom in 2020, dealerships reportedly recognized that the rising popularity of cryptocurrencies likeBitcoin(CRYPTO: BTC) and Dogecoin was an opportunity to reach new customers.\nWhat’s more, the price of used cars has rapidly increased over the same period, driven by the global shortage in microchips forcing cutbacks in production.\nFor instance, automotive research site iSeeCars.com found that an average new Model 3 sells for $44,409, while a lightly used version is listed for $45,677.\n“Buyers are willing to pay extra for a used Tesla Model 3 because the Model 3 is still relatively uncommon in the used car marketplace. And despite the high resale value of its used versions, it is the most affordable Tesla available,” said iSeeCars Executive Analyst Karl Brauer to the Observer.\nWhat Else:Last month,Tesla Inc(NASDAQ:TSLA) CEOElon Musk hintedthat the company could soon resume accepting Bitcoin as payment for its electric vehicles.\n“I want to do a little more diligence to confirm that the percentage of renewable energy usage is most likely at or above 50% and that there is a trend towards increasing that number. If so, Tesla will resume accepting Bitcoin,” he said.\nFor now, however, used cars dealers that opt to provide their customers with the option of using crypto to make purchases can do so with Bots’ merchant services.\nPrice Action:At press time, Dogecoin was trading at $0.2984, down 6.39% over the past 24-hours.\nRead next:If Bitcoin Bulls Are Right, Environmental Damage Would Be Disastrous: Report\nSee more from Benzinga\n• Click here for options trades from Benzinga\n• Chainalysis Report: 37 Billion Dogecoin Is Owned By Only 31 Investors\n• Ethereum Trading Volume On Coinbase Outpaces Bitcoin For The First Time In Q2\n© 2021 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.", 'Bitcoin , BTC to USD, fell by 2.70% on Tuesday. Following a 2.31% loss on Monday, Bitcoin ended the day at $44,695.0. After a choppy start to the day, Bitcoin rose to a late morning intraday high $47,167.0 before hitting reverse. Falling short of the first major resistance level at $47,441, Bitcoin slid to a late intraday low $44,441.0. Bitcoin fell through the first major support level at $45,061 to end the day at sub-$45,000 levels. The near-term bullish trend remained intact, supported by the latest return to $48,000 levels. For the bears, Bitcoin would need a sustained fall through the 62% FIB of $27,237 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was a bearish day on Tuesday. Cardano’s ADA (-7.20%), Chainlink (-6.45%), and Ripple’s XRP (-7.41%) led the way down. Binance Coin (-3.40%), Bitcoin Cash SV (-5.28%), Crypto.com Coin (-2.10%), Ethereum (-4.31%), and Litecoin (-5.28%) also struggled. Polkadot fell by a more modest 1.03% on the day, however. Early in the week, the crypto total market rose to a Monday high $2,061bn before falling to a Tuesday low $1,851bn. At the time of writing, the total market cap stood at $1,885bn. Bitcoin’s dominance fell to a Tuesday low 43.67% before rising to a Tuesday high 45.06%. At the time of writing, Bitcoin’s dominance stood at 44.65%. This Morning At the time of writing, Bitcoin was up by 0.28% to $44,822.0. A mixed start to the day saw Bitcoin rise to an early morning high $45,018.0 before falling to a low $44,625.0. Bitcoin left the major support and resistance levels untested early on. Elsewhere, it was a mixed start to the day. Crypto.com Coin bucked the trend early on, sliding by 3.66%. It was a bullish start for the rest of the majors, however. At the time of writing, Polkadot was up by 3.36% to lead the way. For the Bitcoin Day Ahead Bitcoin would need to move through the $45,434 pivot to bring the first major resistance level at $46,428 into play. Story continues Support from the broader market would be needed for Bitcoin to break back through to $46,000 levels. Barring a broad-based crypto rally, the first major resistance level and Tuesday’s high $47,167 would likely cap any upside. In the event of an extended crypto rally, Bitcoin could test resistance at $49,000 levels before any pullback. The second major resistance level sits at $48,160. Failure to move through the $45,434 pivot would bring the first major support level at $43,702 into play. Barring an extended sell-off on the day, Bitcoin should steer clear of the second major support level at $42,708. This article was originally posted on FX Empire More From FXEMPIRE: Silver Price Prediction – Prices Slip Forming Bear Flag Pattern Today’s Market Wrap Up and a Glimpse Into Wednesday U.S. Dollar Index (DX) Futures Technical Analysis – Trader Reaction to Pivot at 92.840 Could Set the Late Tone Natural Gas Price Fundamental Daily Forecast – Trend Changed to Down with $3.691 to $3.568 Next Support Target Gold Price Prediction – Prices Fall on Dollar Gains EOS, Stellar’s Lumen, and Tron’s TRX – Daily Analysis – August 18th, 2021', 'Bitcoin , BTC to USD, fell by 2.70% on Tuesday. Following a 2.31% loss on Monday, Bitcoin ended the day at $44,695.0. After a choppy start to the day, Bitcoin rose to a late morning intraday high $47,167.0 before hitting reverse. Falling short of the first major resistance level at $47,441, Bitcoin slid to a late intraday low $44,441.0. Bitcoin fell through the first major support level at $45,061 to end the day at sub-$45,000 levels. The near-term bullish trend remained intact, supported by the latest return to $48,000 levels. For the bears, Bitcoin would need a sustained fall through the 62% FIB of $27,237 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was a bearish day on Tuesday. Cardano’s ADA (-7.20%), Chainlink (-6.45%), and Ripple’s XRP (-7.41%) led the way down. Binance Coin (-3.40%), Bitcoin Cash SV (-5.28%), Crypto.com Coin (-2.10%), Ethereum (-4.31%), and Litecoin (-5.28%) also struggled. Polkadot fell by a more modest 1.03% on the day, however. Early in the week, the crypto total market rose to a Monday high $2,061bn before falling to a Tuesday low $1,851bn. At the time of writing, the total market cap stood at $1,885bn. Bitcoin’s dominance fell to a Tuesday low 43.67% before rising to a Tuesday high 45.06%. At the time of writing, Bitcoin’s dominance stood at 44.65%. This Morning At the time of writing, Bitcoin was up by 0.28% to $44,822.0. A mixed start to the day saw Bitcoin rise to an early morning high $45,018.0 before falling to a low $44,625.0. Bitcoin left the major support and resistance levels untested early on. Elsewhere, it was a mixed start to the day. Crypto.com Coin bucked the trend early on, sliding by 3.66%. It was a bullish start for the rest of the majors, however. At the time of writing, Polkadot was up by 3.36% to lead the way. For the Bitcoin Day Ahead Bitcoin would need to move through the $45,434 pivot to bring the first major resistance level at $46,428 into play. Story continues Support from the broader market would be needed for Bitcoin to break back through to $46,000 levels. Barring a broad-based crypto rally, the first major resistance level and Tuesday’s high $47,167 would likely cap any upside. In the event of an extended crypto rally, Bitcoin could test resista **Last 60 Days of Bitcoin's Closing Prices:** [35615.87, 35698.30, 31676.69, 32505.66, 33723.03, 34662.44, 31637.78, 32186.28, 34649.64, 34434.34, 35867.78, 35040.84, 33572.12, 33897.05, 34668.55, 35287.78, 33746.00, 34235.20, 33855.33, 32877.37, 33798.01, 33520.52, 34240.19, 33155.85, 32702.03, 32822.35, 31780.73, 31421.54, 31533.07, 31796.81, 30817.83, 29807.35, 32110.69, 32313.11, 33581.55, 34292.45, 35350.19, 37337.54, 39406.94, 39995.91, 40008.42, 42235.55, 41626.20, 39974.89, 39201.95, 38152.98, 39747.50, 40869.55, 42816.50, 44555.80, 43798.12, 46365.40, 45585.03, 45593.64, 44428.29, 47793.32, 47096.95, 47047.00, 46004.48, 44695.36] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2021-08-18 **Financial & Commodity Data:** - Gold Closing Price: $1781.60 - Crude Oil Closing Price: $65.46 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $850,035,784,909 - Hash Rate: 104395177.76725852 - Transaction Count: 247333.0 - Unique Addresses: 604474.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.73 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: One way fintechs have set themselves apart from traditional banks is by embracing crypto trading. For some of the biggest names in the sector, the expansion has been a success. Take PayPal. Following in the footsteps of Square's Cash App , the company began allowing US members to buy, hold and sell Bitcoin, Litecoin, Ethereum and Bitcoin cash back in November. It followed that with the option to checkout with crypto in March and brought crypto trading to its subsidiary Venmo the following month. Now, as part of its ongoing push into digital currencies, PayPal is upping the amount of crypto users can buy to $100,000 per week and scrapping the $50,000 annual limit altogether. The expansion marks a fivefold increase to the service's crypto purchasing limit in less than a year. PayPal says it's also adding to its in-app guides and educational materials on cryptocurrency to help dispel myths around virtual currencies. In January, PayPal made an investment in US-based tech startup Taxbit , which helps consumers and businesses calculate the taxes owed on cryptocurrency holdings. The payments company has made it clear that its crypto push is about driving engagement. Speaking at JP Morgan's annual tech conference in May, PayPal CFO John Rainey said that people who have purchased crypto use the app twice as much as others. A large part of that is people checking the prices of their holdings. Rainey added that 50 percent of crypto holders use the app daily.... - Reddit Posts (Sample): [['u/SosseKun', 'Can the lightning network have monero like privacy', 10, '2021-08-18 00:16', 'https://www.reddit.com/r/Monero/comments/p6dwuv/can_the_lightning_network_have_monero_like_privacy/', "When I don't understand something please correct me I'm quite new to everything. \n\nSo when taproot I'd there for btc, and I send btc to a lightning channel. Wich sends it basically to a multi sig wallet and the lightning network are IOUs. Right?. And I send this IOU, to someone through the lightning network, does the recipient know where it came from? \n\nCan the sender know who the recipient is? When it's not a cooperation or something, like sending xmr to you and Me? \n\nAnd since I'm sending it no a multi sig wallet, to the lightning network, how do I get it out again or can someone else do this?", 'https://www.reddit.com/r/Monero/comments/p6dwuv/can_the_lightning_network_have_monero_like_privacy/', 'p6dwuv', [['u/w1ck3dAF', 11, '2021-08-18 00:27', 'https://www.reddit.com/r/Monero/comments/p6dwuv/can_the_lightning_network_have_monero_like_privacy/h9cd71q/', 'Never.', 'p6dwuv'], ['u/bawdyanarchist', 16, '2021-08-18 01:06', 'https://www.reddit.com/r/Monero/comments/p6dwuv/can_the_lightning_network_have_monero_like_privacy/h9ci142/', "LN will never be a good privacy solution. It's sort of inherent to the design, and there are a few research papers on this. LN relies on routing payments for other people. Routing is hard, and was one of the primary hurdles in developing a fast/reliable internet. Even today, the internet relies on at least one major trust layer. \n\nIn order to effectively route a payment, you need to know the network topology (who has what funds, where, on which nodes, and who is connected to whom). So the the tools for discovering all of those details are built into the network. And therein lies the problem: &amp;nbsp; those are exactly the same tools you need for de-anonymizing network activity. So this problem is inherent to the network, an unlikely to ever be resolved.\n\nThere's not even a guarantee that they'll actually solve the mesh networking and flood/congestion attack problems either. They make claims, but I want to see it proven. If I see it proven, then okay, I'll be open again.", 'p6dwuv']]], ['u/itsnotwhoyouthink5', 'If you’re DCAing, stop looking at the charts every hour', 45, '2021-08-18 00:19', 'https://www.reddit.com/r/CryptoCurrency/comments/p6dyvq/if_youre_dcaing_stop_looking_at_the_charts_every/', 'You’re in it for the long term. What difference does it make if Bitcoin dips another 5% or goes up 20% in the next hour. Surely if you are in it for the long term, neither of these would change your plans or actions at all. \n\nPlease, stop for the sake of your sanity and well-being.', 'https://www.reddit.com/r/CryptoCurrency/comments/p6dyvq/if_youre_dcaing_stop_looking_at_the_charts_every/', 'p6dyvq', [['u/OnlyEthan10l', 37, '2021-08-18 00:20', 'https://www.reddit.com/r/CryptoCurrency/comments/p6dyvq/if_youre_dcaing_stop_looking_at_the_charts_every/h9cc7wc/', 'I agree 100% with this post, now back to the charts...', 'p6dyvq'], ['u/aldamith', 18, '2021-08-18 00:21', 'https://www.reddit.com/r/CryptoCurrency/comments/p6dyvq/if_youre_dcaing_stop_looking_at_the_charts_every/h9ccfcp/', 'So every 30min then yes?', 'p6dyvq']]], ['u/Zectro', 'FAQ: "Hi, I\'m a BSVer, how big of a block does BSV have to mine before BSV-skeptics whole-heartedly embrace BSV"', 23, '2021-08-18 00:36', 'https://www.reddit.com/r/bsv/comments/p6eacw/faq_hi_im_a_bsver_how_big_of_a_block_does_bsv/', 'Answer: There is no block so large that, by virtue of mining it, skeptics will embrace BSV. Namely because, no matter how large of blocks you mine, if your chain isn\'t decentralised it will always be outdone as a payment system or cloud storage medium by a centralised system. If Bitcoin is to have any advantage at all over centralised systems it has to be by virtue of its decentralisation. \n\nAnd you\'re not exactly assuaging the concerns of any skeptic about BSV\'s centralisation when all mining on BSV grinds to a halt for an hour or so so that miners can help Calvin\'s propaganda company Coingeek write its latest PR article no one reads about a new "World Record Block" (compare the timestamp on [this block](https://blockchair.com/bitcoin-sv/block/699097) to [the previous block](https://blockchair.com/bitcoin-sv/block/699096) nothing about this says organic). The ability to orchestrate that kind of blatantly choreographed "bread and ciruses" display is exactly the kind of centralisation naysayers are concerned about.', 'https://www.reddit.com/r/bsv/comments/p6eacw/faq_hi_im_a_bsver_how_big_of_a_block_does_bsv/', 'p6eacw', [['u/Zectro', 11, '2021-08-18 00:59', 'https://www.reddit.com/r/bsv/comments/p6eacw/faq_hi_im_a_bsver_how_big_of_a_block_does_bsv/h9ch7qg/', "Linking Satoshi's bit about how eventually mining will end up in data centers. That this does not imply a single miner who de facto controls everything that happens on the chain is lost on them.", 'p6eacw'], ['u/jvasiliev', 12, '2021-08-18 01:07', 'https://www.reddit.com/r/bsv/comments/p6eacw/faq_hi_im_a_bsver_how_big_of_a_block_does_bsv/h9ci3uv/', "&gt; Linking Satoshi's bit about how eventually mining will end up in data centers\n\nBitcoin has already ended up in data centers. BTC mining is mostly run in data centers. But that doesn't mean they are centralized. Centralized is when one trusted 3rd party like @bitcoinassn can invalidateblock everyone else through Twitter.\n\nData centers and Satoshi's comment about data centers has nothing to do with the type of centralization going on in BSV.", 'p6eacw']]], ['u/EmpireStrikes1st', "If you're a time traveler, cryptocurrency is the way to go.", 48, '2021-08-18 00:49', 'https://www.reddit.com/r/sonicshowerthoughts/comments/p6eisv/if_youre_a_time_traveler_cryptocurrency_is_the/', "The decentralized and anonymous (kind of) nature of bitcoin and other crypto means you can add and take away from an account at any time. You don't have to memorize a number of lotto numbers or sports games, or even stock tickers, you can simply know which will be big in any particular year or even decade. \n\nAs a time traveler, you have the capacity to buy low and HODL indefinitely. And it would be unlikely any temporal investigators would find you due to the decentralized nature of crypto, compared to owning a stock market account, which is always under the custodianship of a private enterprise.\n\nThe downside, of course, is that you can't go back in time further than when the crypto was created. But if you're going back that far, you can always acquire gold, diamonds, or other precious non-fungible commodities, bury them or keep them in a safety deposit box, and convert them when you need them.", 'https://www.reddit.com/r/sonicshowerthoughts/comments/p6eisv/if_youre_a_time_traveler_cryptocurrency_is_the/', 'p6eisv', [['u/ToBePacific', 15, '2021-08-18 01:04', 'https://www.reddit.com/r/sonicshowerthoughts/comments/p6eisv/if_youre_a_time_traveler_cryptocurrency_is_the/h9cht53/', "But when that distributed ledger is from the future... you're gonna have a bad time. You'd basically need to first go back in time to establish the wallet and then travel to whatever your target date is.", 'p6eisv'], ['u/nicehulk', 12, '2021-08-18 13:40', 'https://www.reddit.com/r/sonicshowerthoughts/comments/p6eisv/if_youre_a_time_traveler_cryptocurrency_is_the/h9ecw9z/', 'I just wanna add that cryptocurrency is an environmental cluster fuck. Bitcoin alone draws as much power as the Netherlands. Obviously money "doesn\'t exist" in Star Trek, at least not in the way we think of it, but either way using loads of energy to create digital currency is not the Star Trek way.\n\nhttps://www.bbc.com/news/science-environment-56215787', 'p6eisv']]], ['u/tetherbot', "Wanted: a dead man's switch to transfer from cold storage to an exchange", 76, '2021-08-18 01:31', 'https://www.reddit.com/r/Bitcoin/comments/p6fahh/wanted_a_dead_mans_switch_to_transfer_from_cold/', 'Upon my death or incapacity I would prefer my Bitcoin to be transferred from my cold wallet to an exchange. From there, my heirs would be able to gain custody through the traditional legal system. \n\nIs there a way to create a time-locked transaction sending my cold storage to a pre-determined exchange address that I periodically (say, once every 12 months) cancel/update to indicate that I am actually alive and that my Bitcoin should not be transferred to the exchange?', 'https://www.reddit.com/r/Bitcoin/comments/p6fahh/wanted_a_dead_mans_switch_to_transfer_from_cold/', 'p6fahh', [['u/llewsor', 46, '2021-08-18 01:35', 'https://www.reddit.com/r/Bitcoin/comments/p6fahh/wanted_a_dead_mans_switch_to_transfer_from_cold/h9cli33/', 'you should get in touch with https://keys.casa/\n\nthey specialize in bitcoin custody solutions like this', 'p6fahh'], ['u/IndependentWarm9648', 13, '2021-08-18 02:22', 'https://www.reddit.com/r/Bitcoin/comments/p6fahh/wanted_a_dead_mans_switch_to_transfer_from_cold/h9cr42u/', '2050 OP is dead \n\nExecutor or will: “OPs seeds are stored in a bank” \n\nRecipient of OPs seeds: “Da Fuq is a bank?”', 'p6fahh'], ['u/Raystonn', 39, '2021-08-18 03:02', 'https://www.reddit.com/r/Bitcoin/comments/p6fahh/wanted_a_dead_mans_switch_to_transfer_from_cold/h9cvqbt/', '* Create an empty wallet for your next of kin.\n* Create a signed nLockTime transaction that delivers all your bitcoins to that wallet in about 15 months.\n* Make the transaction available on a flash drive with instructions on how to broadcast it, and store the drive with your will.\n* Every year, send your bitcoins to a new address in your own wallet, create a new nLockTime transaction, and update the flash drive.\n* If you pass away, or simply do not move your coins again, your next of kin gets your coins when they broadcast the transaction about 15 months after your last update.\n* You could also use an exchange address for an account i... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
46717.58, 49339.18, 48905.49, 49321.65, 49546.15, 47706.12, 48960.79, 46942.22, 49058.67, 48902.40
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ["What Happened: Blockchain-based trading and battle game Axie Infinity (CRYPTO: AXS) has grown exponentially in a year. Over the past month alone, Axie Infinity’s protocol revenue exceeded $330 million, doubling Ethereum’s (CRYPTO: ETH) revenue which stood at $152 million, according to data from Token Terminal. The game works on a play-to-earn model, where players breed Pokemon-inspired tokenized creatures called Axies. Each Axie is an NFT and has a different set of attributes and strengths. The Axie Infinity ecosystem also has its own governance token, AXS, which has skyrocketed by more than 13,000% since the beginning of the year. Although the platform has been around since 2018, its native token did not see much price action until the introduction of its sidechain Ronin. After the protocol introduced the Ronin sidechain, players could easily breed their Axies without being subject to the high fees they experienced on the Ethereum blockchain. For the moment, Ronin has zero transaction fees. Once more and more players made the switch, adoption increased seven-fold. The platform now has over one million daily active users, responsible for the explosive revenue growth. What’s more, 95% of this revenue goes back to the players of the game. In order to be part of the Axie economy, players need to own a minimum of three Axies. At current prices, this means a $600 investment, but users can also opt to borrow Axies from managers and pay them a portion of their earnings. “The goal was always to make a living playing the game and to own your own characters,” an Axie community member told The Defiant . “It took a long time for people to understand.” The player makes a steady income from just playing the game alone and has been able to increase this figure considerably after the game’s utility token Smooth Love Potion (CRYPTO: SLP) surged in value. “It has the highest co-efficiency of virality of anything that’s been invented on the internet before,” a player called OhhShiny said. “I believe it has the potential to transform global labor markets.” Price Action: At press time, AXS was trading at $69, losing 1.8% over the past 24-hours. SLP was trading at a price of $0.15, down 2.29% over the same period. Photo: Courtesy of Axie game See more from Benzinga Click here for options trades from Benzinga Dogecoin Foundation Returns After 6-Year Hiatus; Ethereum's Vitalik Buterin, Musk Rep Jared Birchall Join Board Cardano (ADA) Investment Products Lead Weekly Crypto Inflows With .3M As Bitcoin, Ethereum Lose M © 2021 Benzinga.com. Benzinga does not provide investment advice. All rights reserved. View comments", "What Happened:Blockchain-based trading and battle gameAxie Infinity(CRYPTO: AXS) has grown exponentially in a year.\nOver the past month alone, Axie Infinity’s protocol revenue exceeded $330 million, doublingEthereum’s(CRYPTO: ETH) revenue which stood at $152 million, according to data from Token Terminal.\nThe game works on a play-to-earn model, where players breed Pokemon-inspired tokenized creatures called Axies. Each Axie is an NFT and has a different set of attributes and strengths.\nThe Axie Infinity ecosystem also has its own governance token, AXS, which has skyrocketed by more than 13,000% since the beginning of the year.\nAlthough the platform has been around since 2018, its native token did not see much price action until the introduction of its sidechain Ronin.\nAfter the protocol introduced the Ronin sidechain, players could easily breed their Axies without being subject to the high fees they experienced on the Ethereum blockchain.\nFor the moment, Ronin has zero transaction fees.\nOnce more and more players made the switch, adoption increased seven-fold.\nThe platform now has over one million daily active users, responsible for the explosive revenue growth.\nWhat’s more, 95% of this revenue goes back to the players of the game. In order to be part of the Axie economy, players need to own a minimum of three Axies.\nAt current prices, this means a $600 investment, but users can also opt to borrow Axies from managers and pay them a portion of their earnings.\n“The goal was always to make a living playing the game and to own your own characters,” an Axie community member toldThe Defiant.\n“It took a long time for people to understand.”\nThe player makes a steady income from just playing the game alone and has been able to increase this figure considerably after the game’s utility tokenSmooth Love Potion(CRYPTO: SLP) surged in value.\n“It has the highest co-efficiency of virality of anything that’s been invented on the internet before,” a player called OhhShiny said. “I believe it has the potential to transform global labor markets.”\nPrice Action:At press time, AXS was trading at $69, losing 1.8% over the past 24-hours.\nSLP was trading at a price of $0.15, down 2.29% over the same period.\nPhoto: Courtesy of Axie game\nSee more from Benzinga\n• Click here for options trades from Benzinga\n• Dogecoin Foundation Returns After 6-Year Hiatus; Ethereum's Vitalik Buterin, Musk Rep Jared Birchall Join Board\n• Cardano (ADA) Investment Products Lead Weekly Crypto Inflows With .3M As Bitcoin, Ethereum Lose M\n© 2021 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.", "Fintech Header Quote To Start The Day: “For as long as we’ve been taking confidence metrics associated with how well the people trust institutions ... that confidence interval is the lowest in history.” Source: Tobias Heaslip One Big Thing In Fintech: Alinea, a smart investing app for a younger generation of investors, formally announced the closure of a $2.1 million raise led by Y Combinator, with participation from Goodwater Capital, Harvard Management Company, Kima Ventures, and Dragon Capital, among others. Source: Benzinga Other Key Fintech Developments: Galaxy filed for a direct BTC ETF. SME-focused neo-banking gains . Karrot becomes a $2.7B unicorn. PolyNetwork offered hacker a job. DeFi ecosystem Q2 2021 report . Crypto.com updates on transfers. CertiK secures a $24M Series B. FiscalNote has acquired Predata. BECU leveraging MX technology. Fiserv has partnered with Carat. Plaid announces Series D round. BitDAO raises $365M in auction. PayPal scraps late fees for BNPL. Pngme raises $15M for data tech. Hyperithm raises $11M Series B. World of Waves launches market. Coinbase building $4B cash pile. Dovly announces product launch. Binance taps Treasury investigator. Aspiration is planning to go public. Head of Facebook’s fintech talks . Bitpanda added $263M Series C. Zelle doubles down on marketing. How Coinbase Ventures grew up. Wells Fargo combining two units. Branch has added a $540M raise. Brex has acquired Weav for $50M. I2c partners with Visa on offering. Sightline reaches a $1B valuation. FreshBooks added $130M round. Mexican fintech expands into U.S. Allyson Felix to attend MX summit. MobileCoin added $66M to scale. Liti Capital is listing on exchanges. Marqeta commits to sustainability. Crypto regulation talks heating up. Watch Out For This: Trading.TV, an online, social livestream community for investors, formally announced the closure of a $6.1 million seed round led by L Catterton Growth, Activant, Navy Capital, and Tribe Capital. As part of the development, Benzinga spoke with Trading.TV CEO and founder Tobias Heaslip. Story continues Source: Benzinga Interesting Reads: Blumira secures $10.3M Series A. China blocking retirement money. Wall Street, big tech lost on health. FTC to get involved in Tesla probe. Market Moving Headline: Most Federal Reserve officials agreed last month they could start slowing the pace of bond purchases later this year, judging that enough progress had been made toward their inflation goal, while gains had been made toward their employment objective. Source: Bloomberg See more from Benzinga Click here for options trades from Benzinga Alinea Secures .1M For Platform That Allows You To Curate 'Playlists' Of Stocks Trading.TV To Launch The Fintech Love Child Of Twitch And Slack After .1M Raise © 2021 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.", "Quote To Start The Day:“For as long as we’ve been taking confidence metrics associated with how well the people trust institutions ... that confidence interval is the lowest in history.”\nSource:Tobias Heaslip\nOne Big Thing In Fintech:Alinea, a smart investing app for a younger generation of investors, formally announced the closure of a $2.1 million raise led by Y Combinator, with participation from Goodwater Capital, Harvard Management Company, Kima Ventures, and Dragon Capital, among others.\nSource:Benzinga\nOther Key Fintech Developments:\n• Galaxyfiledfor a direct BTC ETF.\n• SME-focused neo-bankinggains.\n• Karrotbecomesa $2.7B unicorn.\n• PolyNetworkofferedhacker a job.\n• DeFi ecosystem Q2 2021report.\n• Crypto.comupdateson transfers.\n• CertiKsecuresa $24M Series B.\n• FiscalNote hasacquiredPredata.\n• BECUleveragingMX technology.\n• Fiserv haspartneredwith Carat.\n• PlaidannouncesSeries D round.\n• BitDAOraises$365M in auction.\n• PayPalscrapslate fees for BNPL.\n• Pngmeraises$15M for data tech.\n• Hyperithmraises$11M Series B.\n• World of Waveslaunchesmarket.\n• Coinbasebuilding$4B cash pile.\n• Dovlyannouncesproduct launch.\n• BinancetapsTreasury investigator.\n• Aspiration isplanningto go public.\n• Head of Facebook’s fintechtalks.\n• Bitpandaadded$263M Series C.\n• Zelledoublesdown on marketing.\n• How Coinbase Venturesgrewup.\n• Wells Fargocombiningtwo units.\n• Branch hasaddeda $540M raise.\n• Brex hasacquiredWeav for $50M.\n• I2cpartnerswith Visa on offering.\n• Sightlinereachesa $1B valuation.\n• FreshBooksadded$130M round.\n• Mexican fintechexpandsinto U.S.\n• Allyson Felix toattendMX summit.\n• MobileCoinadded$66M to scale.\n• Liti Capital islistingon exchanges.\n• Marqetacommitsto sustainability.\n• Crypto regulation talksheatingup.\nWatch Out For This:Trading.TV, an online, social **Last 60 Days of Bitcoin's Closing Prices:** [35698.30, 31676.69, 32505.66, 33723.03, 34662.44, 31637.78, 32186.28, 34649.64, 34434.34, 35867.78, 35040.84, 33572.12, 33897.05, 34668.55, 35287.78, 33746.00, 34235.20, 33855.33, 32877.37, 33798.01, 33520.52, 34240.19, 33155.85, 32702.03, 32822.35, 31780.73, 31421.54, 31533.07, 31796.81, 30817.83, 29807.35, 32110.69, 32313.11, 33581.55, 34292.45, 35350.19, 37337.54, 39406.94, 39995.91, 40008.42, 42235.55, 41626.20, 39974.89, 39201.95, 38152.98, 39747.50, 40869.55, 42816.50, 44555.80, 43798.12, 46365.40, 45585.03, 45593.64, 44428.29, 47793.32, 47096.95, 47047.00, 46004.48, 44695.36, 44801.19] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2021-08-19 **Financial & Commodity Data:** - Gold Closing Price: $1780.20 - Crude Oil Closing Price: $63.69 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $831,890,525,700 - Hash Rate: 119087832.41598378 - Transaction Count: 253447.0 - Unique Addresses: 613135.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.70 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Bitcoin Corecontributor Jon Atack is the latest developer to receive funding from the Human Rights Foundation’s Bitcoin Development Fund. Atack, who is one of Bitcoin’s most prolific code authors, will receive an $80,000 one-time donation sponsored by Compass Mining. The contribution from Compass followsearlier donationsfrom fintechs Strike and Square Crypto to fund Atack’s work. Many exchanges includingGemini,OKCoinandSquaredonate money to fund Bitcoin protocol development, but Compass is one of only three mining companies that currently support Bitcoin development, along with Marathon Digital Holdings andBraiins. Related:Bitcoin Upside Stalls; Lower Support at $38K-$40K “We believe it’s essential for Compass to support the development of the protocol our entire industry is built on,” Whit Gibbs, CEO of Compass, said in a press statement. “Without contributors like Jon, the speed and quality of Bitcoin’s development would noticeably suffer.” Previous donations made through the Bitcoin Development Fund have varied in value. According to Alex Gladstein, chief strategy officer at Human Rights Foundation, the $80,000 donation was decided in collaboration with Compass Mining. “We felt that $80,000 over a full year would be a well-deserved grant for Jon to complement his existing income streams,” Gladstein told CoinDesk. Read more:Human Rights Foundation Gives Out $210K in Bitcoin Development Grants Related:Bitcoin Breaks Key Resistance as Market Health Improves on Institutional Demand HRF launched theBitcoin Development Fundin June 2020 to support software developers working to strengthen and improve the Bitcoin network. HRF seesbitcoinand other cryptocurrencies as a financial tool for activists, civil society organizations and journalists and has been a longtime supporter of privacy-oriented projects likeCoinSwap. The next round of grants through the Bitcoin Development Fund will be announced in September and will support at least four projects, according to Gladstein. • Institutional Investors Return to Bitcoin Despite US Crypto Tax Plans • AMC to Accept Bitcoin for Tickets and Concessions Later This Year... - Reddit Posts (Sample): [['u/caverypca', 'For every 5 tons of fecal matter you collect, you get 1 Bitcoin.', 2100, '2021-08-19 00:36', 'https://www.reddit.com/r/shittysuperpowers/comments/p71za1/for_every_5_tons_of_fecal_matter_you_collect_you/', 'Any stool. Needs to be 100% organic matter that was recently (past 30 days) placed there by a defecating organism.', 'https://www.reddit.com/r/shittysuperpowers/comments/p71za1/for_every_5_tons_of_fecal_matter_you_collect_you/', 'p71za1', [['u/Napkinto', 213, '2021-08-19 00:37', 'https://www.reddit.com/r/shittysuperpowers/comments/p71za1/for_every_5_tons_of_fecal_matter_you_collect_you/h9go9a6/', '*Dog owners:* “I’m rich!”', 'p71za1'], ['u/caverypca', 59, '2021-08-19 00:38', 'https://www.reddit.com/r/shittysuperpowers/comments/p71za1/for_every_5_tons_of_fecal_matter_you_collect_you/h9god8e/', 'Haha', 'p71za1'], ['u/Witzmaen', 719, '2021-08-19 00:44', 'https://www.reddit.com/r/shittysuperpowers/comments/p71za1/for_every_5_tons_of_fecal_matter_you_collect_you/h9gp4yt/', '1. Start a portable toilet rental company\n\n2. Collect the feces (you have to do it anyway)\n\n3. DOUBLE profit', 'p71za1'], ['u/caverypca', 274, '2021-08-19 00:47', 'https://www.reddit.com/r/shittysuperpowers/comments/p71za1/for_every_5_tons_of_fecal_matter_you_collect_you/h9gpk16/', 'K, but there’s piss in there. So, separate it first', 'p71za1'], ['u/Witzmaen', 191, '2021-08-19 00:48', 'https://www.reddit.com/r/shittysuperpowers/comments/p71za1/for_every_5_tons_of_fecal_matter_you_collect_you/h9gpn4q/', 'That should be managable', 'p71za1'], ['u/Caspa_time', 65, '2021-08-19 01:32', 'https://www.reddit.com/r/shittysuperpowers/comments/p71za1/for_every_5_tons_of_fecal_matter_you_collect_you/h9gv7vn/', 'I live in a horse racing town ima be rich', 'p71za1'], ['u/Destroykiller137', 68, '2021-08-19 01:39', 'https://www.reddit.com/r/shittysuperpowers/comments/p71za1/for_every_5_tons_of_fecal_matter_you_collect_you/h9gw7b7/', 'How can you collect it? \n\nBut sewage pipeline worker / just clean septic tanks (because assuming the shit weighs as much as water, one 3500 gallon septic tank will give you $132003.85) *why did i do math for this*', 'p71za1'], ['u/NoobsAreNoobslol', 233, '2021-08-19 01:58', 'https://www.reddit.com/r/shittysuperpowers/comments/p71za1/for_every_5_tons_of_fecal_matter_you_collect_you/h9gyigk/', 'Shitcoin mining', 'p71za1'], ['u/caverypca', 20, '2021-08-19 02:20', 'https://www.reddit.com/r/shittysuperpowers/comments/p71za1/for_every_5_tons_of_fecal_matter_you_collect_you/h9h1aua/', 'Sure', 'p71za1'], ['u/[deleted]', 60, '2021-08-19 02:49', 'https://www.reddit.com/r/shittysuperpowers/comments/p71za1/for_every_5_tons_of_fecal_matter_you_collect_you/h9h533p/', 'Piss is also 100% organic', 'p71za1'], ['u/sammyraid', 11, '2021-08-19 03:05', 'https://www.reddit.com/r/shittysuperpowers/comments/p71za1/for_every_5_tons_of_fecal_matter_you_collect_you/h9h73a6/', 'Do I get to keep the fecal matter?', 'p71za1'], ['u/-Nycter-', 18, '2021-08-19 03:18', 'https://www.reddit.com/r/shittysuperpowers/comments/p71za1/for_every_5_tons_of_fecal_matter_you_collect_you/h9h8rjn/', 'piss? you mean free water?', 'p71za1'], ['u/tomtomvissers', 18, '2021-08-19 03:43', 'https://www.reddit.com/r/shittysuperpowers/comments/p71za1/for_every_5_tons_of_fecal_matter_you_collect_you/h9hbx8x/', "Then you still wouldn't own any cities?", 'p71za1'], ['u/leggggggggy', 10, '2021-08-19 03:46', 'https://www.reddit.com/r/shittysuperpowers/comments/p71za1/for_every_5_tons_of_fecal_matter_you_collect_you/h9hcaz0/', 'A cow products 12 tons of poop a year. Each cow is worth 2.4 BTC per year in this scenario, assuming 100% collection can be achieved. Just need enough cows to beat the 30 day deadline.', 'p71za1'], ['u/nohacksjustretard', 39, '2021-08-19 03:47', 'https://www.reddit.com/r/shittysuperpowers/comments/p71za1/for_every_5_tons_of_fecal_matter_you_collect_you/h9hce3c/', 'And if they were defecating at the same time, it fits criteria', 'p71za1'], ['u/HighStaeks', 56, '2021-08-19 04:02', 'https://www.reddit.com/r/shittysuperpowers/comments/p71za1/for_every_5_tons_of_fecal_matter_you_collect_you/h9hecsa/', '\\*laughs in elephant owner\\*', 'p71za1'], ['u/Skull_torn', 13, '2021-08-19 04:38', 'https://www.reddit.com/r/shittysuperpowers/comments/p71za1/for_every_5_tons_of_fecal_matter_you_collect_you/h9hiq0o/', 'Redirect all plumbing to the whitehouse lawn', 'p71za1'], ['u/The_controler', 18, '2021-08-19 04:42', 'https://www.reddit.com/r/shittysuperpowers/comments/p71za1/for_every_5_tons_of_fecal_matter_you_collect_you/h9hj5ex/', 'Laughs in… whale owners?', 'p71za1'], ['u/avidpenguinwatcher', 29, '2021-08-19 04:43', 'https://www.reddit.com/r/shittysuperpowers/comments/p71za1/for_every_5_tons_of_fecal_matter_you_collect_you/h9hjd6t/', "Hmm, you're adding rules after the fact. But fine, dump said concoction into a strainer", 'p71za1'], ['u/kajiekaa', 12, '2021-08-19 04:47', 'https://www.reddit.com/r/shittysuperpowers/comments/p71za1/for_every_5_tons_of_fecal_matter_you_collect_you/h9hjtcc/', 'How do whales shit', 'p71za1'], ['u/StarMarinrTUR', 26, '2021-08-19 04:58', 'https://www.reddit.com/r/shittysuperpowers/comments/p71za1/for_every_5_tons_of_fecal_matter_you_collect_you/h9hl3oc/', 'I have laughed out loud for the first time in this god forsaken website. Thank you for now I am free.', 'p71za1'], ['u/SuperSmashShadow', 30, '2021-08-19 05:34', 'https://www.reddit.com/r/shittysuperpowers/comments/p71za1/for_every_5_tons_of_fecal_matter_you_collect_you/h9hp79e/', 'With their buttholes is my guess', 'p71za1'], ['u/kajiekaa', 14, '2021-08-19 05:53', 'https://www.reddit.com/r/shittysuperpowers/comments/p71za1/for_every_5_tons_of_fecal_matter_you_collect_you/h9hr7km/', 'no fucking way', 'p71za1'], ['u/Mr_Cleen', 58, '2021-08-19 09:33', 'https://www.reddit.com/r/shittysuperpowers/comments/p71za1/for_every_5_tons_of_fecal_matter_you_collect_you/h9i9sc4/', 'I vomited', 'p71za1'], ['u/Treejeig', 66, '2021-08-19 09:38', 'https://www.reddit.com/r/shittysuperpowers/comments/p71za1/for_every_5_tons_of_fecal_matter_you_collect_you/h9ia5ym/', "Don't worry he can seperate that too, I heard he has a straw.", 'p71za1'], ['u/[deleted]', 19, '2021-08-19 12:48', 'https://www.reddit.com/r/shittysuperpowers/comments/p71za1/for_every_5_tons_of_fecal_matter_you_collect_you/h9ini7s/', 'I vomited', 'p71za1'], ['u/Rewiistdummlolxd', 10, '2021-08-19 14:23', 'https://www.reddit.com/r/shittysuperpowers/comments/p71za1/for_every_5_tons_of_fecal_matter_you_collect_you/h9iw8g1/', 'Eat shit got a whole New meaning', 'p71za1']]], ['u/nullama', 'What is the minimum amount of BCH that you can transfer to an empty wallet?', 10, '2021-08-19 01:21', 'https://www.reddit.com/r/btc/comments/p72t1b/what_is_the_minimum_amount_of_bch_that_you_can/', "Just wondering because transferring small amounts of BTC is a bit tricky, specially to an empty wallet.\n\nI was trying to do a 500 sats transfer with lightning, and it wasn't as simple as you would expect. [Only one wallet worked out in the end](https://np.reddit.com/r/TheLightningNetwork/comments/p6o7v0/you_can_transfer_a_few_sats_to_an_empty_wallet/). \n\nI wonder how this works in the BCH world.", 'https://www.reddit.com/r/btc/comments/p72t1b/what_is_the_minimum_amount_of_bch_that_you_can/', 'p72t1b', [['u/pjman7', 10, '2021-08-19 01:35', 'https://www.reddit.com/r/btc/comments/p72t1b/what_is_the_minimum_amount_of_bch_that_you_can/h9gvpfg/', 'Anything larger than the current transaction fee', 'p72t1b'], ['u/FUBAR-BDHR', 13, '2021-08-19 01:58', 'https://www.reddit.com/r/btc/comments/p72t1b/what_is_the_minimum_amount_of_bch_that_you_can/h9gyfuk/', 'There is no need for LN style layer on BCH. Unlike BTC BCH is scaling as Satoshi intended so there is enough room for transaction on chain and the fees stay cheap.', 'p72t1b']]], ['u/throwaway29801A', '38 Now and Lessons I wish I knew at 20,25,30', 82, '2021-08-19 01:27', 'https://www.reddit.com/r/Bitcoin/comments/p72x3z/38_now_and_lessons_i_wish_i_knew_at_202530/', 'Financially-the earlier you start, the better. This is for two reasons-you compound investment and you get in the habit. People don\'t start working out at 40, and they don\'t start becoming savers at 50. \n\nLife is short-we think we will all live long. Tons of us die before 50. This doesn\'t mean live only for today. It means go after your dreams. Minimize regret.\n\nTake controlled risk-this is probably my biggest mistake. I did great with real estate, but I took the "big one" too late. I\'m glad that I did, but if I had done it earlier I would be way better off. Not taking risk = risk. YOU WILL NOT BECOME WEALTHY BY PLAYING IT SAFE ALL THE TIME. YOU WILL ALSO BECOME POOR BY GAMBLING.\n\nThere won\'t be a meltdown. I like the idea of gold, but there won\'t be worldwide chaos. Instead, wealth gets transferred. Understand there is always money being made.\n\nTech and exponentially growing networks rule-I didn\'t understand exponential math when I was younger. Find an investment that has real upside. Investing in factories that make widgets doesn\'t work anymore.\n\nGo on your computer right now and download your expenses from last month. How much did you spend? How much of it was nonsense. Reduce it 50% -challenge yourself-and put this money in bitcoin or something you want long term.\n\nConsumption is overrated for the small items and underrated for the big items.\n\nIt\'s trite, but do NOT time the market. An investment is a 5 year term, minimum. Most people lose because they want big gains too fast.\n\nBe able to explain 3 reasons that are bearish against your investment and also be able to explain why you think they are wrong. Example:\n\n1. Bitcoin will be banned by governments. Surprise, I think this is actually true. I do believe China will outright ban btc within 5 years. However, Europe and the US cannot due to their structure (yellen and legarde would if they could).\n\n2. Alt-coins will take away market share from bitcoin. Surprise... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
49339.18, 48905.49, 49321.65, 49546.15, 47706.12, 48960.79, 46942.22, 49058.67, 48902.40, 48829.83
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['WithBitcoin(CRYPTO: BTC) and other cryptocurrencies reaching mainstream recognition and seeing a great adoption jump over the last couple of years, many are considering including them in their retirement accounts — but experts advise to refrain from doing it.\nWhat Happened:According to a Tuesday CNBCreport, Onramp Invest CEO Tyrone Ross Jr. reminds those considering adding crypto to their retirement account that "crypto is a 24/7, 365 market, so you can’t just leave it to chance like every other asset."\nHe admits that he owns a “whole lot” of cryptocurrencies in his own portfolio, but he compares including them in a retirement portfolio to taking an exotic animal outside of its natural habitat and putting it in a zoo.\nAccording to Ross, if you understand crypto and what you can do with it "you would not put it in some of those accounts."\nWhy It Matters:One reason is that retirement accounts are managed, which means that the investor could not access their wallet and the only option would be to buy and hold.\nFurthermore, while he noted that there are efforts to solve this issue, he said that there are also other problems with adding crypto to retirement accounts.\nFinancial advisors need to prepare the clients who want to add crypto to their retirement accounts to take on the higher risks and update clients on those investments more frequently than once per quarter, as it is with other holdings such as stocks and bonds.\nRead also:Financial Middlemen Will Be Left Without Jobs Thanks To DeFi Says Shark Tank\'s Kevin O\'Leary\nRoss suggested that advisors "should be talking to clients every month about their crypto."\nInvestors who hold a self-directed individual retirement account (IRA) can add those investments without any help but need to carry out their own due diligence.\nAlso, traditional IRA custodians do not allow for crypto to be held in them, while self-directed IRAs can easily encompass Bitcoin or other cryptocurrencies.\nWhat Else:Certified Public Accountant and Founder of Ed Slott and Co. pointed out that "self-directed IRA custodians will put in anything you want that’s legal" but they are "not going to tell you what’s good or bad or advise.”\nRoss also noted the still-evolving crypto regulation, pointing out that IRAs are among the most regulated accounts and "if you’re working with a client and all of a sudden this goes vamoose, what do you say?”\nChief Market Strategist at TD Ameritrade JJ Kinahan said that the purpose of the account you’re using to invest must be taken into account when choosing in what to invest.\nHe highlighted that "when it comes to your retirement, you want to make sure that the money you sweat out to earn is at that same level or hopefully significantly higher when you retire."\nFor this reason, Kinahan recommends separate margin or trading accounts not dedicated to retirement as the place of choice for riskier investments such as cryptocurrencies.\nStill, Slott said that if you still want to invest in crypto through your IRA, then you are better off limiting your exposure to 5%.\nAt the same time, Ross suggested that if you are considering a 0.5% or 1% allocation, it is probably not worth the money.\nSee more from Benzinga\n• Click here for options trades from Benzinga\n• Former SEC Chair Jay Clayton Joins Crypto Firm Fireblocks\' Advisory Board\n• British Banking Giant Lloyds Hires Crypto Expert\n© 2021 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.', 'With Bitcoin (CRYPTO: BTC) and other cryptocurrencies reaching mainstream recognition and seeing a great adoption jump over the last couple of years, many are considering including them in their retirement accounts — but experts advise to refrain from doing it. What Happened: According to a Tuesday CNBC report , Onramp Invest CEO Tyrone Ross Jr. reminds those considering adding crypto to their retirement account that "crypto is a 24/7, 365 market, so you can’t just leave it to chance like every other asset." He admits that he owns a “whole lot” of cryptocurrencies in his own portfolio, but he compares including them in a retirement portfolio to taking an exotic animal outside of its natural habitat and putting it in a zoo. According to Ross, if you understand crypto and what you can do with it "you would not put it in some of those accounts." Why It Matters: One reason is that retirement accounts are managed, which means that the investor could not access their wallet and the only option would be to buy and hold. Furthermore, while he noted that there are efforts to solve this issue, he said that there are also other problems with adding crypto to retirement accounts. Financial advisors need to prepare the clients who want to add crypto to their retirement accounts to take on the higher risks and update clients on those investments more frequently than once per quarter, as it is with other holdings such as stocks and bonds. Read also: Financial Middlemen Will Be Left Without Jobs Thanks To DeFi Says Shark Tank\'s Kevin O\'Leary Ross suggested that advisors "should be talking to clients every month about their crypto." Investors who hold a self-directed individual retirement account (IRA) can add those investments without any help but need to carry out their own due diligence. Also, traditional IRA custodians do not allow for crypto to be held in them, while self-directed IRAs can easily encompass Bitcoin or other cryptocurrencies. Story continues What Else: Certified Public Accountant and Founder of Ed Slott and Co. pointed out that "self-directed IRA custodians will put in anything you want that’s legal" but they are "not going to tell you what’s good or bad or advise.” Ross also noted the still-evolving crypto regulation, pointing out that IRAs are among the most regulated accounts and "if you’re working with a client and all of a sudden this goes vamoose, what do you say?” Chief Market Strategist at TD Ameritrade JJ Kinahan said that the purpose of the account you’re using to invest must be taken into account when choosing in what to invest. He highlighted that "when it comes to your retirement, you want to make sure that the money you sweat out to earn is at that same level or hopefully significantly higher when you retire." For this reason, Kinahan recommends separate margin or trading accounts not dedicated to retirement as the place of choice for riskier investments such as cryptocurrencies. Still, Slott said that if you still want to invest in crypto through your IRA, then you are better off limiting your exposure to 5%. At the same time, Ross suggested that if you are considering a 0.5% or 1% allocation, it is probably not worth the money. See more from Benzinga Click here for options trades from Benzinga Former SEC Chair Jay Clayton Joins Crypto Firm Fireblocks\' Advisory Board British Banking Giant Lloyds Hires Crypto Expert © 2021 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.', 'Bitcoin , BTC to USD, rose by 4.57% on Thursday. Following a 0.06% gain on Wednesday, Bitcoin ended the day at $46,765.0. A choppy start to the day saw Bitcoin fall to an early morning intraday low $43,992.0 before making a move. Finding support at the first major support level at $43,988, Bitcoin rallied to a late intraday high $47,061.0. Bitcoin broke through the first major resistance level at $45,732 and the second major resistance level at $46,743. A late pullback, however, saw briefly Bitcoin fall back through the second major resistance level before ending the day at sub-$46,760 levels. The near-term bullish trend remained intact, supported by the latest return to $48,000 levels. For the bears, Bitcoin would need a sustained fall through the 62% FIB of $27,237 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was a bullish day on Thursday. Cardano’s ADA surged by 15.99% to lead the way, with Binance Coin and Ripple’s XRP rallying by 8.78% and by 7.71% respectively. Chainlink (+6.86%), Ethereum (+5.71%), Litecoin (+5.48%), and Polkadot (+6.34%) also found strong support. Bitcoin Cash SV (+1.94%) and Crypto.com Coin (+0.51%) trailed the front runners, however. In the current week, the crypto total market rose to a Monday high $2,061bn before falling to a Wednesday low $1,832bn. At the time of writing, the total market cap stood at $2,010bn. Bitcoin’s dominance fell to a Tuesday low 43.67% before rising to a Wednesday high 45.35%. At the time of writing, Bitcoin’s dominance stood at 44.17%. This Morning At the time of writing, Bitcoin was up by 1.06% to $47,263.0. A mixed start to the day saw Bitcoin fall to an early morning low $46,647.0 before rising to a early morning high $47,407.4. Bitcoin left the major support and resistance levels untested early on. Elsewhere, it was a mixed start to the day. Cardano’s ADA (-0.74%), Polkadot (-0.42%), and Ripple’s XRP (-0.45%) bucked the early trend. It was a bullish start for the rest of the majors, however. Story continues At the time of writing, Crypto.com Coin was up by 3.00% to lead the way. For the Bitcoin Day Ahead Bitcoin would need to avoid the $45,939 pivot to bring the first major resistance level at $47,887 into play. Support from the broader market would be needed for Bitcoin to break out from $47,500 levels. Barring a broad-based crypto rally, the first major resistance level and resistance at $48,000 would likely cap any upside. In the event of an extended crypto rally, Bitcoin could test resistance at $50,000 levels before any pullback. The second major resistance level sits at $49,008. A fall through the $45,939 pivot would bring the first major support level at $44,818 into play. Barring an extended sell-off on the day, Bitcoin should steer clear of sub-$44,000 levels. The second major support level sits at $42,870. This article was originally posted on FX Empire More From FXEMPIRE: Silver Price Forecast – Silver Markets Looking to Find Bottom E-mini S&P 500 Ind **Last 60 Days of Bitcoin's Closing Prices:** [31676.69, 32505.66, 33723.03, 34662.44, 31637.78, 32186.28, 34649.64, 34434.34, 35867.78, 35040.84, 33572.12, 33897.05, 34668.55, 35287.78, 33746.00, 34235.20, 33855.33, 32877.37, 33798.01, 33520.52, 34240.19, 33155.85, 32702.03, 32822.35, 31780.73, 31421.54, 31533.07, 31796.81, 30817.83, 29807.35, 32110.69, 32313.11, 33581.55, 34292.45, 35350.19, 37337.54, 39406.94, 39995.91, 40008.42, 42235.55, 41626.20, 39974.89, 39201.95, 38152.98, 39747.50, 40869.55, 42816.50, 44555.80, 43798.12, 46365.40, 45585.03, 45593.64, 44428.29, 47793.32, 47096.95, 47047.00, 46004.48, 44695.36, 44801.19, 46717.58] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2021-08-20 **Financial & Commodity Data:** - Gold Closing Price: $1781.00 - Crude Oil Closing Price: $62.32 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $917,968,881,469 - Hash Rate: 123727618.0945286 - Transaction Count: 271837.0 - Unique Addresses: 676861.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.70 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: In the early hours of Wednesday, the pioneer crypto asset was trading at $40,250, up 10.24% on the day. A percentage gain of this magnitude hasn’t been seen since June 9. Bitcoin’s increasing trading volume helped fuel this move, as well as buyers’ interest. A macro-driven system trapped the world’s most popular cryptocurrency. Traditional finance has been suffering from inflationary pressures, which has contributed to Bitcoin’s safe-haven narrative. The price of the flagship crypto-asset found support above the $36,250 mark after a downside correction. After a base was formed, Bitcoin bulls began a new upward trend. It was evident that the $38,000 and $38,500 resistance levels had been broken. It is difficult for bulls to gain strength above $40,000, however. In the short term, gains could be accelerated if we close above this level. Decent support is the price band of $39,250 on the downside. The next key support is near $38,500, below which the price could test $37,800. Bitcoin’s market value surged to $753.6 Billion, or 48.71% of the total crypto market value. At its highest price levels, Bitcoin’s market valuation was $1.184 Billion. During the day’s trading, the most prominent cryptocurrency ranged from $38,946 to $40,295. In the last seven days, Bitcoin’s value has risen 34.41%. According to Coingecko, the volume of the flagship crypto asset traded on the day reached $36.6 Billion, representing 37.6% of the total value of crypto assets. Currently, Bitcoin is down 37.79% from its all-time high of $64,778.04 set on April 14. Experts expect an increase in price above $50,000 to further spur fresh flows and change the market’s broader trend. This article was originally posted on FX Empire More From FXEMPIRE: Shiba Inu Continues To Drift Lower EUR/USD Daily Forecast – U.S. Dollar Moves Higher Against Euro The Crypto Daily – Movers and Shakers – July 28th, 2021 Daily Gold News: Wednesday, July 28 – Markets Awaiting FOMC Statement Release US Stock Index Futures Flat as Investors Eye Asia Markets Ahead of Fed Decisions, Earnings Reports EOS, Stellar’s Lumen, and Tron’s TRX – Daily Analysis – July 28th, 2021... - Reddit Posts (Sample): [['u/planetcrypto', 'Sneak Preview of Syscoin NEVM', 73, '2021-08-20 00:18', 'https://www.reddit.com/r/altcoin/comments/p7p13i/sneak_preview_of_syscoin_nevm/', '**TL;DR**\n\nSome of you here know about the sleeping giant that is Syscoin (currently celebrating its 7th birthday this week) 🥮\n\n[https://coinmarketcap.com/currencies/syscoin/](https://coinmarketcap.com/currencies/syscoin/)\n\nWell my friends, today is the day the Syscoin team unveiled the first screenshots of their NEVM! ("Network Enhanced Virtual Machine") As a matter of fact, the NEVM is currently live on a private testnet, &amp; the public testnet phase is anticipated approximately three weeks from now. Heard enough? Go 👀 the screenshots on the official blog post!\n\n[https://syscoin.org/news/syscoin-platform-news-update](https://syscoin.org/news/syscoin-platform-news-update)\n\n**I\'m Intrigued, Tell Me More**\n\nBy launching the NEVM, Syscoin will be unique in that it will not only have *Turning Complete smart contracts* (and have the ability to port over contracts from ETH), but it is also merge-mined with Bitcoin, so you get the decentralized smart contract &amp; DeFi capabilities of ETH, plus the hardened security of Bitcoin (did you know that Syscoin has the second highest hashrate of any coin ... period?) 💪 Also of note: the speeds are insane, scalability is through the roof\\* &amp; that fees (to mint NFTs, gas, etc) are microscopically tiny. \\*audited by Whiteblock', 'https://www.reddit.com/r/altcoin/comments/p7p13i/sneak_preview_of_syscoin_nevm/', 'p7p13i', [['u/NerZee', 12, '2021-08-20 02:35', 'https://www.reddit.com/r/altcoin/comments/p7p13i/sneak_preview_of_syscoin_nevm/h9lq204/', "A truly decentralized, scalable, and secure blockchain. First one I've seen that doesn't make sacrifices. Most PoS projects like Solana need centralized validators with NASA supercomputer specs to do anything somewhat scalable.\n\nMeanwhile Syscoin can stay PoW while using Bitcoin's mining power at no extra cost while achieving 4 million TPS with zksnark rollups. All on a network with 2500+ masternodes that need a measly 2 cores and 8gb of ram. Light, very fast, and cheap transactions.\n\nCardano has a $75 billion market cap with essentially no product and a worse final vision even if they do realize their goals after years of promises. And then they'll have to compete with the future PoS king, Ethereum 2.0. Meanwhile Syscoin will be the PoW smart contract option with no contenders. Currently at $150 million cap. If you like potential gains or tech I don't see a better project.", 'p7p13i'], ['u/ellipsoid1', 11, '2021-08-20 02:47', 'https://www.reddit.com/r/altcoin/comments/p7p13i/sneak_preview_of_syscoin_nevm/h9lrhky/', 'Well said /u/NerZee Syscoin really does have the best of both BTC and ETH with scalability and speed. I really enjoyed that 25% pop today in the price. That is just the beginning. All Aboard!', 'p7p13i'], ['u/UnwieldingDistractor', 12, '2021-08-20 02:54', 'https://www.reddit.com/r/altcoin/comments/p7p13i/sneak_preview_of_syscoin_nevm/h9lsdpl/', "Rolling out more amazing features then all other cryptos and giving it to you with all the speed you would ever need. I don't know why everyone is wasting their time with Solana or Cardano! You all know you want that sweet sweet syscoin!", 'p7p13i'], ['u/MinzeLiamba', 10, '2021-08-20 02:55', 'https://www.reddit.com/r/altcoin/comments/p7p13i/sneak_preview_of_syscoin_nevm/h9lsiim/', 'Im into altcoins since 2017 and cardano and solana have been some of my gems, the NEVM is really cool and i welcome all the upgrades we get on tech', 'p7p13i'], ['u/cryptostukov', 11, '2021-08-20 05:47', 'https://www.reddit.com/r/altcoin/comments/p7p13i/sneak_preview_of_syscoin_nevm/h9mda7n/', 'Last that I checked Solana had a very shady validators system that focused the decision to only few people. Syscoin seems to have a way more decentralized decision maker system. It uses Master nodes for voting on gouvernance funds. There are 2537 MNs on Syscoin network according to sysnode.info. \nCardo on the other hand is the never delivering project. Still wondering is they will ever bring smart contracts to light on their blockchain.', 'p7p13i']]], ['u/RoozGol', 'Golden Cross happened!', 16, '2021-08-20 00:20', 'https://www.reddit.com/r/CryptoCurrency/comments/p7p2ou/golden_cross_happened/', 'Dear Sirs/Madams\n\nI am delighted to inform you that the BTC-USD chart just exhibited a golden cross of 50 and 100 moving averages on one-day time frame. This is a major Bullish sign and will definitely kick off the largest alt-coin market movement in history.\n\nEDit: No fucking financial advisor. ', 'https://www.reddit.com/r/CryptoCurrency/comments/p7p2ou/golden_cross_happened/', 'p7p2ou', [['u/FusterDickens', 18, '2021-08-20 00:29', 'https://www.reddit.com/r/CryptoCurrency/comments/p7p2ou/golden_cross_happened/h9l9nvu/', 'Golden Cross? Like when two dudes pee in the same urinal?', 'p7p2ou']]], ['u/Fruitonomics', 'Coinbase Card Adds ETH Reward Option!', 110, '2021-08-20 00:36', 'https://www.reddit.com/r/ethfinance/comments/p7pcqd/coinbase_card_adds_eth_reward_option/', 'ETH just got added as a reward along with others, the options are now:\n\n&amp;#x200B;\n\n\\- 1% back in Bitcoin (BTC)\n\n\\- 1% back in Ethereum (ETH)\n\n\\- 1% back in Dogecoin (DOGE)\n\n\\- 4% back in Stellar Lumens (XLM)\n\n\\- 4% back in The Graph (GRT)\n\n&amp;#x200B;\n\nGeneral consensus before was anything other than 4% XLM was dumb. Anyone using the card? Would you switch to 1% ETH or just convert the XLM to ETH after?', 'https://www.reddit.com/r/ethfinance/comments/p7pcqd/coinbase_card_adds_eth_reward_option/', 'p7pcqd', [['u/fiftyfirstsnails', 37, '2021-08-20 00:39', 'https://www.reddit.com/r/ethfinance/comments/p7pcqd/coinbase_card_adds_eth_reward_option/h9lb1hx/', 'Clearly 4% back on XLM or GRT then convert to preferred token makes the most sense. But also the fact that they even list ETH as a potential reward makes me 1000x more likely to get it now.\n\nDecisions, decisions.', 'p7pcqd'], ['u/ben_kWh', 19, '2021-08-20 01:09', 'https://www.reddit.com/r/ethfinance/comments/p7pcqd/coinbase_card_adds_eth_reward_option/h9leynf/', "I don't quite understand the appeal with this or block Fi card. Like why not get a card with 2%+ reward and just buy Eth? I do like the simplicity of it buying automatically, but feel like the 1% threshold it's not even industry standard. Hoping Gemini 3% card pans out, but they missed their q2 rollout so I'm getting skeptical.", 'p7pcqd'], ['u/Fruitonomics', 10, '2021-08-20 01:14', 'https://www.reddit.com/r/ethfinance/comments/p7pcqd/coinbase_card_adds_eth_reward_option/h9lfo4r/', "I agree, anything 2% and under is already covered by traditional cash back cards. The Coinbase card is intriguing with 4% options, especially if you already have an account. It doesn't have the fairly hefty buy-in that Crypto.com cards seem to have either.", 'p7pcqd'], ['u/bauhaus_robot', 18, '2021-08-20 04:20', 'https://www.reddit.com/r/ethfinance/comments/p7pcqd/coinbase_card_adds_eth_reward_option/h9m3a3s/', 'I’ve been collecting XLM and then converting to Eth, then staking it. Why anyone would choose to foergo 75% of their rewards is beyond my understanding', 'p7pcqd'], ['u/ETH_420', 18, '2021-08-20 11:35', 'https://www.reddit.com/r/ethfinance/comments/p7pcqd/coinbase_card_adds_eth_reward_option/h9n50kq/', 'So why do you think Coinbase is able to give 4% back in XLM or GRT, but only give 1% for BTC or ETH? I imagine most people right now are doing the 4% back and then converting to the crypto of their choice. Coinbase collects additional fees on the conversion, but the user still nets more than 1% back on their preferred crypto in the end.', 'p7pcqd']]], ['u/maniparusu', 'Blackrock invests ~$380 Million in Bitcoin Miners.', 591, '2021-08-20 00:39', 'https://www.reddit.com/r/Bitcoin/comments/p7pet1/blackrock_invests_380_million_in_bitcoin_miners/', 'Blackrock, the world’s largest asset manager with $9 trillion in assets, has taken significant stakes in two Bitcoin miners—$382,962,003.08 million. 6.71% in Marathon and 6.61% in Riot Blockchain. \n\n[https://www.forbes.com/sites/anthonytellez/2021/08/19/blackrock-joins-fidelity-and-vanguard-as-a-bitcoin-mining-investor/?sh=6b6fc0902738](https://www.forbes.com/sites/anthonytellez/2021/08/19/blackrock-joins-fidelity-and-vanguard-as-a-bitcoin-mining-investor/?sh=6b6fc0902738)', 'https://www.reddit.com/r/Bitcoin/comments/p7pet1/blackrock_invests_380_million_in_bitcoin_miners/', 'p7pet1', [['u/Fickle-Introduction4', 25, '2021-08-20 00:43', 'https://www.reddit.com/r/Bitcoin/comments/p7pet1/blackrock_invests_380_million_in_bitcoin_miners/h9lbjm1/', 'Thanks for the news. I have BLK on my watch list', 'p7pet1'], ['u/futuretothemoon', 11, '2021-08-20 01:11', 'https://www.reddit.com/r/Bitcoin/comments/p7pet1/blackrock_invests_380_million_in_bitcoin_miners/h9lf8d0/', 'PoW to the moon', 'p7pet1'], ['u/[deleted]', 83, '2021-08-20 01:44', 'https://www.reddit.com/r/Bitcoin/comments/p7pet1/blackrock_invests_380_million_in_bitcoin_miners/h9ljf71/', 'they own everything', 'p7pet1'], ['u/Saidthenoob', 19, '2021-08-20 02:11', 'https://www.reddit.com/r/Bitcoin/comments/p7pet1/blackrock_invests_380_million_in_bitcoin_miners/h9lmu2x/', 'If only they knew about bitfarms and hut 8 mining who just recently uplisted to nasdaq both higher tiers than riot and Mara, with more BTC hodl, similar hashrate installed, green energy etc', 'p7pet1'], ['u/BashCo', 78, '2021-08-20 02:16', 'https://www.reddit.com/r/Bitcoin/comments/p7pet1/blackrock_invests_380_million_in_bitcoin_miners/h9lni3q/', 'Janet Yellen has these dudes on speed dial. They are up to no good.', 'p7pet1'], ['u/jnbolen403', 42, '2021-08-20 02:45', 'https://www.reddit.com/r/Bitcoin/comments/p7pet1/blackrock_invests_380_million_in_bitcoin_miners/h9lrblw/', 'She\'s trying hard to end Bitcoin and her buddies at Blackrock are investing against her?? That "Infrastructure Bill... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
48905.49, 49321.65, 49546.15, 47706.12, 48960.79, 46942.22, 49058.67, 48902.40, 48829.83, 47054.98
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['AdvisorShares, an investment management firm that offers a range of themed exchange-traded funds, has submittedan applicationto the U.S. Securities and Exchange Commission (SEC) for abitcoinfutures ETF.\n• The AdvisorShares Managed Bitcoin ETF will invest “all or substantially all of its assets in exchange-traded futures contracts on bitcoin” and collateral, according to the filing.\n• The Bethesda, Md.-based investment management firm said in the filing that it will not invest directly in bitcoin.\n• Morgan Creek Capital will serve as the Fund’s sub-adviser, using its research and other resources to help guide the Fund’s investment strategies.\n• In remarksearlier this month, Securities and Exchange Commission Chair Gary Gensler suggested he would look more favorably upon bitcoin ETFs that only trade bitcoin futures contracts.\n• Investment firms VanEck and ProShares bothwithdrewtheir applications with the SEC for approval ofetherfutures ETFs, just two days after filing them, according to Bloomberg analyst Eric Balchunas on Friday.\n• There are over a dozen bitcoin ETF applications currently before the SEC, which has yet to approve one.\n• Market Wrap: Bitcoin Rallies Ahead of $50K Resistance\n• Market Wrap: Bitcoin Expected to Hold Support Above $45K\n• Galaxy Digital Files for US Bitcoin Futures ETF\n• Crypto Asset Manager Valkyrie Files for Bitcoin Futures ETF', 'AdvisorShares, an investment management firm that offers a range of themed exchange-traded funds, has submittedan applicationto the U.S. Securities and Exchange Commission (SEC) for abitcoinfutures ETF.\n• The AdvisorShares Managed Bitcoin ETF will invest “all or substantially all of its assets in exchange-traded futures contracts on bitcoin” and collateral, according to the filing.\n• The Bethesda, Md.-based investment management firm said in the filing that it will not invest directly in bitcoin.\n• Morgan Creek Capital will serve as the Fund’s sub-adviser, using its research and other resources to help guide the Fund’s investment strategies.\n• In remarksearlier this month, Securities and Exchange Commission Chair Gary Gensler suggested he would look more favorably upon bitcoin ETFs that only trade bitcoin futures contracts.\n• Investment firms VanEck and ProShares bothwithdrewtheir applications with the SEC for approval ofetherfutures ETFs, just two days after filing them, according to Bloomberg analyst Eric Balchunas on Friday.\n• There are over a dozen bitcoin ETF applications currently before the SEC, which has yet to approve one.\n• Market Wrap: Bitcoin Rallies Ahead of $50K Resistance\n• Market Wrap: Bitcoin Expected to Hold Support Above $45K\n• Galaxy Digital Files for US Bitcoin Futures ETF\n• Crypto Asset Manager Valkyrie Files for Bitcoin Futures ETF', 'AdvisorShares, an investment management firm that offers a range of themed exchange-traded funds, has submitted an application to the U.S. Securities and Exchange Commission (SEC) for a bitcoin futures ETF. The AdvisorShares Managed Bitcoin ETF will invest “all or substantially all of its assets in exchange-traded futures contracts on bitcoin” and collateral, according to the filing. The Bethesda, Md.-based investment management firm said in the filing that it will not invest directly in bitcoin. Morgan Creek Capital will serve as the Fund’s sub-adviser, using its research and other resources to help guide the Fund’s investment strategies. In remarks earlier this month, Securities and Exchange Commission Chair Gary Gensler suggested he would look more favorably upon bitcoin ETFs that only trade bitcoin futures contracts. Investment firms VanEck and ProShares both withdrew their applications with the SEC for approval of ether futures ETFs, just two days after filing them, according to Bloomberg analyst Eric Balchunas on Friday. There are over a dozen bitcoin ETF applications currently before the SEC, which has yet to approve one. Related Stories Market Wrap: Bitcoin Rallies Ahead of $50K Resistance Market Wrap: Bitcoin Expected to Hold Support Above $45K Galaxy Digital Files for US Bitcoin Futures ETF Crypto Asset Manager Valkyrie Files for Bitcoin Futures ETF', 'Bitcoin , BTC to USD, rallied by 5.48% on Friday. Following a 4.57% gain on Thursday, Bitcoin ended the day at $49,330.5. A mixed morning saw Bitcoin fall to an early morning intraday low $46,647.0 before finding support. Steering clear of the of the first major support level at $44,818, Bitcoin rallied to a late intraday high $49,400. Bitcoin broke through the first major resistance level at $47,887 and the second major resistance level at $49,008. A late pullback, however, saw briefly Bitcoin fall back through the second major resistance level before ending the day at sub-$49,300 levels. The near-term bullish trend remained intact, supported by the latest return to $49,000 levels. For the bears, Bitcoin would need a sustained fall through the 62% FIB of $27,237 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was a bullish day on Friday. Bitcoin Cash SV (+7.60%) and Crypto.com Coin rallied by 7.60% and by 7.44% respectively to lead the way. Binance Coin (+5.51%) and Chainlink (+6.05%) also found strong support. Cardano’s ADA (+0.58%), Ethereum (+3.21%), Litecoin (+4.61%), Polkadot (+0.47%), and Ripple’s XRP (+2.39%) trailed the front runners, however. In the current week, the crypto total market fell to a Wednesday low $1,832bn before rising to a Friday high $2,110bn. At the time of writing, the total market cap stood at $2,068bn. Bitcoin’s dominance fell to a Tuesday low 43.67% before rising to a Wednesday high 45.35%. At the time of writing, Bitcoin’s dominance stood at 44.67%. This Morning At the time of writing, Bitcoin was down by 0.35% to $49,157.8. A mixed start to the day saw Bitcoin rise to an early morning high $49,374.0 before falling to a low $49,157.8. Bitcoin left the major support and resistance levels untested early on. Elsewhere, it was a bearish start to the day. At the time of writing, Ripple’s XRP was down by 0.92% to lead the way down. For the Bitcoin Day Ahead Bitcoin would need to avoid the $48,459 pivot to bring the first major resistance level at $50,271 and the 23.6% FIB of $50,473 into play. Story continues Support from the broader market would be needed for Bitcoin to break out from Friday’s high $49,400.0. Barring a broad-based crypto rally, the first major resistance level and resistance at the 23.6% FIB would likely cap any upside. In the event of an extended crypto rally, Bitcoin could test resistance at $53,000 levels before any pullback. The second major resistance level sits at $51,212. A fall through the $48,459 pivot would bring the first major support level at $47,518 into play. Barring an extended sell-off on the day, Bitcoin should steer clear of sub-$46,000 levels. The second major support level sits $45,706. This article was originally posted on FX Empire More From FXEMPIRE: Silver Weekly Price Forecast – Silver Markets Reaching Towards Major Support S&P 500 Price Forecast – Stock Markets Recover Into The Weekend Natural Gas Price Forecast – Natural Gas Markets Show Signs of Strength S&P 500 Weekly Price Forecast – The Stock Market Continues to Bounce From Uptrend Line Ethereum, Litecoin, and Ripple’s XRP – Daily Tech Analysis – August 21st, 2021 Natural Gas Weekly Price Forecast – Natural Gas Markets Find Support at $3.80', 'Bitcoin, BTC to USD, rallied by 5.48% on Friday. Following a 4.57% gain on Thursday, Bitcoin ended the day at $49,330.5.\nA mixed morning saw Bitcoin fall to an early morning intraday low $46,647.0 before finding support.\nSteering clear of the of the first major support level at $44,818, Bitcoin rallied to a late intraday high $49,400.\nBitcoin broke through the first major resistance level at $47,887 and the second major resistance level at $49,008.\nA late pullback, however, saw briefly Bitcoin fall back through the second major resistance level before ending the day at sub-$49,300 levels.\nThe near-term bullish trend remained intact, supported by the latest return to $49,000 levels. For the bears, Bitcoin would need a sustained fall through the 62% FIB of $27,237 to form a near-term bearish trend.\nAcross the rest of the majors, it was a bullish day on Friday.\nBitcoin Cash SV(+7.60%) andCrypto.com Coinrallied by 7.60% and by 7.44% respectively to lead the way.\nBinance Coin(+5.51%) andChainlink(+6.05%) also found strong support.\nCardano’s ADA(+0.58%),Ethereum(+3.21%),Litecoin(+4.61%), Polkadot (+0.47%), andRipple’s XRP(+2.39%) trailed the front runners, however.\nIn the current week, the crypto total market fell to a Wednesday low $1,832bn before rising to a Friday high $2,110bn. At the time of writing, the total market cap stood at $2,068bn.\nBitcoin’s dominance fell to a Tuesday low 43.67% before rising to a Wednesday high 45.35%. At the time of writing, Bitcoin’s dominance stood at 44.67%.\nAt the time of writing, Bitcoin was down by 0.35% to $49,157.8. A mixed start to the day saw Bitcoin rise to an early morning high $49,374.0 before falling to a low $49,157.8.\nBitcoin left the major support and resistance levels untested early on.\nElsewhere, it was a bearish start to the day.\nAt the time of writing, Ripple’s XRP was down by 0.92% to lead the way down.\nBitcoin would need to avoid the $48,459 pivot to bring the first major resistance level at $50,271 and the 23.6% FIB of $50,473 into play.\nSupport from the broader market would be needed for Bitcoin to break out from Friday’s high $49,400.0.\nBarring a broad-based crypto rally, the first major resistance level and resistance at the 23.6% FIB would likely cap any upside.\nIn the event of an extended crypto rally, Bitcoin could test resistance at $53,000 levels before any pullback. The second major resistance level sits at $51,212.\nA fall through the $48,459 pivot would bring the first major support level at $47,518 into play.\nBarring an extended sell-off **Last 60 Days of Bitcoin's Closing Prices:** [32505.66, 33723.03, 34662.44, 31637.78, 32186.28, 34649.64, 34434.34, 35867.78, 35040.84, 33572.12, 33897.05, 34668.55, 35287.78, 33746.00, 34235.20, 33855.33, 32877.37, 33798.01, 33520.52, 34240.19, 33155.85, 32702.03, 32822.35, 31780.73, 31421.54, 31533.07, 31796.81, 30817.83, 29807.35, 32110.69, 32313.11, 33581.55, 34292.45, 35350.19, 37337.54, 39406.94, 39995.91, 40008.42, 42235.55, 41626.20, 39974.89, 39201.95, 38152.98, 39747.50, 40869.55, 42816.50, 44555.80, 43798.12, 46365.40, 45585.03, 45593.64, 44428.29, 47793.32, 47096.95, 47047.00, 46004.48, 44695.36, 44801.19, 46717.58, 49339.18] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2021-08-21 **Financial & Commodity Data:** - Gold Closing Price: $1781.00 - Crude Oil Closing Price: $62.32 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $917,761,823,325 - Hash Rate: 131460594.22543664 - Transaction Count: 219407.0 - Unique Addresses: 555440.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.78 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Thebitcoinmarket could get a boost this month from the expiration of investor restrictions on the sale of shares in the Grayscale Bitcoin Trust (GBTC), the world’s largest cryptocurrency fund. Some digital-asset analysts and investors say it’s possible some of these investors might need to enter the market to buy bitcoin – to repay cryptocurrency loans they used to finance their original purchases of the GBTC shares. “Lots of bearish chatter around GBTC unlocks whilst conveniently ignoring that in-kind subscriptions funded by debt will ultimately translate into spot buying,” crypto services providerAmber Group tweeted. Related:Ransomware Group REvil Strikes Again, Demands $70M in Bitcoin from 200 US Firms The view contrasts with a forecast published last month by analysts at JPMorgan, the largest U.S. bank, whoarguedthe end of the lockup period would weigh on the GBTC shares and bitcoin. “Selling of GBTC shares exiting the six-month lockup period during June and July has emerged as an additional headwind for bitcoin,” the JPMorgan strategists, led by Nikolaos Panigirtzoglou, wrote on June 24. The dynamic would lead to “downward pressure on GBTC prices and on bitcoin markets more generally.” But with the pace of unlockings now poised to increase, crypto-native analysts are pushing back against the narrative. While the selling of GBTC shares could lead to a deeper discount and drive away fresh capital, its negative impact is likely to be mitigated by the repurchases of bitcoin in the spot market. (Grayscale is a unit of Digital Currency Group, of which CoinDesk is an independent subsidiary.) “The biggest unlocks are happening over the next two months, which could lead to heavy selling of GBTC on the open market,” Jeff Dorman, chief investment officer at the cryptocurrency-focused asset manager Arca, wrote this week in anewsletter. Related:Bitcoin Supply Held by &#8216;Whale Entities&#8217; Hits Two-Month High in Bullish Sign “As funds unwind this trade,” he wrote, “it could actually put BUY pressure on bitcoin, not sell pressure, as those who sell GBTC will have to buy back bitcoin to cover the short leg of the trade.” The unwind could be a significant event partly because the trade itself has been so popular in recent years and into early 2021. According to JPMorgan, the trust saw record inflows of $2 billion in December, followed by $1.7 billion in January. Here’s how it worked: Accredited investors (mostly institutions and wealthy traders)couldsubscribe to GBTC shares directly at the fund’s net asset value (NAV), which is linked closely to the spot price of bitcoin. They did so in daily private placements by depositing owned or borrowed bitcoin or U.S. dollars. After a six-month lockup, those shares could be sold in the secondary market – including to retail investors. For a long time, and due to a variety of reasons, the GBTC shares traded at a premium of 40% or more to the spot bitcoin price. So for the big investors, it looked like a surefire way to profit – especially with market sentiment quite bullish. There was little fear of the premium falling sharply or flipping to a discount, reducing the net yield on the carry trade. But the bitcoin market has soured in recent months and in February the GBTC premium flipped to a discount, leaving scant motivation for new investors to attempt the once-popular trade. As of Thursday, GBTC shares traded at a discount of 10.5%, per data provided by Skew. But it’s now been almost six months since the trade stopped being popular, so the unlocks are coming into play. Investors who entered the trade by locking in borrowed coins might now need to repurchase those to repay the loan. Similarly, those who deposit their bitcoin holdings need to buy back coins to return to their base portfolio. So assuming supply-side factors remain constant, the repurchases associated with Grayscale unlockings could end up putting upward pressure on bitcoin prices. The January tranche of GBTC share unlocks is scheduled for this month and is likely to release nearly 40,000 GBTC shares, according to data source bybt.com. The biggest single-day unlock is slated to happen on July 18, with the release of shares worth 16,000 BTC. Upon unlockings, carry traders could snap up bitcoin from the spot market to repay loans or return to the original portfolio position, lifting bitcoin higher. The cryptocurrency is currently trading near $33,000, down 4.5% for the week. • Reinvent Money to Reward Virtue • Marathon Digital Reports 17% Increase in Bitcoin Production for June... - Reddit Posts (Sample): [['u/Slainte042', 'March 11, 2013 was the day r/CryptoCurrency was created and this is how the CryptoLandscape looked like back then', 24, '2021-08-21 00:06', 'https://www.reddit.com/r/CryptoCurrency/comments/p8f2r7/march_11_2013_was_the_day_rcryptocurrency_was/', "I don't know who is behind this sub, but they must be some very insightful and visionary people. Because back when the sub was created:\n\n**Bitcoin price was - $48.2** ([https://www.investing.com/crypto/bitcoin/historical-data](https://www.investing.com/crypto/bitcoin/historical-data))\n\nBack in 2013 on CoinMarketCap there were only 13 currencies listed, two of them were Bitcoin and Litecoin and we all know what's going on there but let's see what happens right now with the other 11:\n\n**Peercoin** \\- ranked #644 on CMC, MC - $29,922,057, Volume 24H - $15,163\n\n**Namecoin** \\- ranked #723 on CMC, MC - $22,204,824, Volume 24H - $10,337\n\n**Feathercoin** \\- ranked #1141, MC - $5,675,727, Volume 24H - $4,476\n\n**Terracoin** \\- ranked #1761, MC - $871,274, Volume 24H - $228\n\n**DevCoin** \\- According to CMC - The CMC team has not verified the project's Market Cap. \n\n**Freicoin** \\- ranked #1961, MC - $394,170, Volume 24H - No data\n\n**Novacoin** \\- According to CMC - Market data is untracked. This project is featured as an 'Untracked Listing'\n\n**CHNoin** \\- according to [cryptoslate.com](https://cryptoslate.com) \\- CHNoin is an abandoned proof of work cryptocurrency launched in May of 2013.\n\n**BBQCoin** \\- No data on CMC, it's on 73 watchlists\n\n**Mincoin** \\- rank N/A but according to coingeko Volume 24H is $15.29 \n\n**BitBar** \\- rank #N/A, coingeko says that $96.01 were traded in the last 24H\n\n**Ixcoin** \\- rank #1367, MC - $2,717,343, Volume 24H - $13", 'https://www.reddit.com/r/CryptoCurrency/comments/p8f2r7/march_11_2013_was_the_day_rcryptocurrency_was/', 'p8f2r7', [['u/udemygodx', 11, '2021-08-21 00:09', 'https://www.reddit.com/r/CryptoCurrency/comments/p8f2r7/march_11_2013_was_the_day_rcryptocurrency_was/h9pumld/', 'btc is the king no matter what. just a reminder.', 'p8f2r7']]], ['u/Cardinalfan42', 'Oh dang... my home state of Missouri is always doing something...', 31, '2021-08-21 00:09', 'https://www.reddit.com/r/Buttcoin/comments/p8f4ds/oh_dang_my_home_state_of_missouri_is_always_doing/', " \n\n# Bitcoin for everyone: Missouri mayor wants to give each resident $1,000 in cryptocurrency.\n\n [Bitcoin for everyone: Missouri mayor wants to give each resident $1,000 in cryptocurrency (msn.com)](https://www.msn.com/en-us/money/other/bitcoin-for-everyone-missouri-mayor-wants-to-give-each-resident-1-000-in-cryptocurrency/ar-AANwo1M?ocid=msedgntp) \n\nThe mayor: “Look, it's digital gold,” said Mayor Stewart. “I would like to see every single household in my city receive some level of Bitcoin, whether it be $500 or $1,000.” \n\nWhat to say, what to say???!!!", 'https://www.reddit.com/r/Buttcoin/comments/p8f4ds/oh_dang_my_home_state_of_missouri_is_always_doing/', 'p8f4ds', [['u/FrietZoorVleis', 26, '2021-08-21 00:19', 'https://www.reddit.com/r/Buttcoin/comments/p8f4ds/oh_dang_my_home_state_of_missouri_is_always_doing/h9pw27e/', "&gt;Many experts expect Bitcoin to grow in value exponentially in the next decade.\n\n&gt;“My daughter says she thinks it's the next big thing. The digital currency,” said Ramona Nickels, a mail carrier who lives in Cool Valley.\n\n \n \nThis is satire right?", 'p8f4ds'], ['u/Affect-Electrical', 12, '2021-08-21 00:32', 'https://www.reddit.com/r/Buttcoin/comments/p8f4ds/oh_dang_my_home_state_of_missouri_is_always_doing/h9pxpnk/', 'Also, surely elected politicians saying they will hand out money to the people who elect them has to be illegal somewhere?', 'p8f4ds'], ['u/AccomplishedPizza826', 52, '2021-08-21 00:38', 'https://www.reddit.com/r/Buttcoin/comments/p8f4ds/oh_dang_my_home_state_of_missouri_is_always_doing/h9pylpb/', "bitcoin investors trying to get more people into bitcoin, totally doesn't sound like some type of pyramid scheme at all", 'p8f4ds'], ['u/The_Endangered_DINO', 24, '2021-08-21 00:44', 'https://www.reddit.com/r/Buttcoin/comments/p8f4ds/oh_dang_my_home_state_of_missouri_is_always_doing/h9pzdwu/', 'Here’s the plan:\n\nWe move to Missouri\n\nWe collect $1k in Monopoly money\n\nWe sell $1k in Monopoly money\n\nThen, we leave Missouri', 'p8f4ds'], ['u/Cardinalfan42', 16, '2021-08-21 00:47', 'https://www.reddit.com/r/Buttcoin/comments/p8f4ds/oh_dang_my_home_state_of_missouri_is_always_doing/h9pzq0n/', 'I laughed at the “digital gold”…', 'p8f4ds'], ['u/HopeFox', 16, '2021-08-21 00:47', 'https://www.reddit.com/r/Buttcoin/comments/p8f4ds/oh_dang_my_home_state_of_missouri_is_always_doing/h9pzrgw/', "He's probably just in it for the tech.", 'p8f4ds'], ['u/teslaetcc', 12, '2021-08-21 01:09', 'https://www.reddit.com/r/Buttcoin/comments/p8f4ds/oh_dang_my_home_state_of_missouri_is_always_doing/h9q2lml/', 'Working with E-Gold taught Gerald Cotten everything he needed to know to run one of Canada’s biggest cryptocurrency companies!', 'p8f4ds'], ['u/Cardinalfan42', 11, '2021-08-21 01:14', 'https://www.reddit.com/r/Buttcoin/comments/p8f4ds/oh_dang_my_home_state_of_missouri_is_always_doing/h9q38l5/', "And one of Canada's biggest exit scams...", 'p8f4ds'], ['u/LeoLabine', 10, '2021-08-21 04:09', 'https://www.reddit.com/r/Buttcoin/comments/p8f4ds/oh_dang_my_home_state_of_missouri_is_always_doing/h9qpaqw/', "Cut taxes by 1000$ for each resident and let them do what they want with it what about that? Don't force them to get cryptos wtf.", 'p8f4ds'], ['u/devliegende', 17, '2021-08-21 06:52', 'https://www.reddit.com/r/Buttcoin/comments/p8f4ds/oh_dang_my_home_state_of_missouri_is_always_doing/h9r7366/', 'I\'m not sure $1000 can compensate for having "lived in Missouri" hanging over your life. \nHow will you explain it to your grandchildren?', 'p8f4ds']]], ['u/IAmJacks_Balls', 'All jokes aside, if you really are planning on making retirement kind of money what coin are you investing in?', 87, '2021-08-21 00:32', 'https://www.reddit.com/r/CryptoCurrency/comments/p8fj0r/all_jokes_aside_if_you_really_are_planning_on/', 'Not referring to people who are trying to “reach the moon” in two months. I mean the average person who is buying and holding for 10-20 years down the road for hopefully an early retirement. I feel like safest bet at this point would be ETH or BTC obviously. Curious what everyone else’s retirement portfolio within the cryptosphere looks like I guess.', 'https://www.reddit.com/r/CryptoCurrency/comments/p8fj0r/all_jokes_aside_if_you_really_are_planning_on/', 'p8fj0r', [['u/Strictly_Haram', 12, '2021-08-21 00:32', 'https://www.reddit.com/r/CryptoCurrency/comments/p8fj0r/all_jokes_aside_if_you_really_are_planning_on/h9pxr6d/', 'Not one coin but a diversified portfolio.\n\nMy biggest bags are ETH, SOL, DOT, ALGO and MATIC. I have comparatively smaller bags in BTC, LINK and VET', 'p8fj0r'], ['u/WillingFact', 79, '2021-08-21 00:33', 'https://www.reddit.com/r/CryptoCurrency/comments/p8fj0r/all_jokes_aside_if_you_really_are_planning_on/h9pxtjk/', 'BTC/ETH and ALGO for the long run for me.', 'p8fj0r'], ['u/[deleted]', 27, '2021-08-21 00:33', 'https://www.reddit.com/r/CryptoCurrency/comments/p8fj0r/all_jokes_aside_if_you_really_are_planning_on/h9pxvlg/', 'Pretty sure POS coins have a pretty good future, lots of people living just off staking', 'p8fj0r'], ['u/Strictly_Haram', 10, '2021-08-21 00:34', 'https://www.reddit.com/r/CryptoCurrency/comments/p8fj0r/all_jokes_aside_if_you_really_are_planning_on/h9pxyyo/', 'Definitely not 😂', 'p8fj0r'], ['u/astockstonk', 15, '2021-08-21 00:46', 'https://www.reddit.com/r/CryptoCurrency/comments/p8fj0r/all_jokes_aside_if_you_really_are_planning_on/h9pzk29/', 'DCA’ing into Bitcoin and ETH for 12-16 years will probably do it', 'p8fj0r'], ['u/Yegpetphoto', 22, '2021-08-21 00:49', 'https://www.reddit.com/r/CryptoCurrency/comments/p8fj0r/all_jokes_aside_if_you_really_are_planning_on/h9pzyt4/', 'Solid tokenomics and real world use cases for the tech. Like CUMMIES.', 'p8fj0r'], ['u/I_knows_nothing', 44, '2021-08-21 00:51', 'https://www.reddit.com/r/CryptoCurrency/comments/p8fj0r/all_jokes_aside_if_you_really_are_planning_on/h9q0ax2/', 'Love me some algo', 'p8fj0r'], ['u/[deleted]', 14, '2021-08-21 00:55', 'https://www.reddit.com/r/CryptoCurrency/comments/p8fj0r/all_jokes_aside_if_you_really_are_planning_on/h9q0qte/', 'Proof of stake my dude. ETH 2.0 will be PoS and you can already stake it but there’s a lockout from withdrawing until its release. Besides that there’s stuff like ADA, DOT, etc.', 'p8fj0r'], ['u/FakeFuture2', 26, '2021-08-21 00:59', 'https://www.reddit.com/r/CryptoCurrency/comments/p8fj0r/all_jokes_aside_if_you_really_are_planning_on/h9q1bp1/', 'Cardano and VeChain are my favs', 'p8fj0r'], ['u/Deadpoulpe', 14, '2021-08-21 01:15', 'https://www.reddit.com/r/CryptoCurrency/comments/p8fj0r/all_jokes_aside_if_you_really_are_planning_on/h9q3cz9/', 'Yes', 'p8fj0r'], ['u/lovemesomefood', 11, '2021-08-21 01:19', 'https://www.reddit.com/r/CryptoCurrency/comments/p8fj0r/all_jokes_aside_if_you_really_are_planning_on/h9q3t8u/', 'ALGO all the way', 'p8fj0r'], ['u/still-drugs-on', 20, '2021-08-21 01:20', 'https://www.reddit.com/r/CryptoCurrency/comments/p8fj0r/all_jokes_aside_if_you_really_are_planning_on/h9q3yzk/', 'Username doesnt check out, ALGO rules.', 'p8fj0r'], ['u/I_knows_nothing', 32, '2021-08-21 01:21', 'https://www.reddit.com/r/CryptoCurrency/comments/p8fj0r/all_jokes_aside_if_you_really_are_planning_on/h9q42kb/', 'I always read PoS as Piece of Shit before Proof of Stake. Makes me giggle', 'p8fj0r'], ['u/[deleted]', 11, '2021-08-21 02:18', 'https://www.reddit.com/r/CryptoCurrency/comments/p8fj0r/all_jokes_aside_if_you_really_are_planning_on/h9qbelv/', "That indicates you're a man of culture ![gif](emote|emo_pack_1|yeah)", 'p8fj0r'], ['u/[deleted]', 11, '2021-08-21 02:19', 'https://www.reddit.com/r/CryptoCurrency/comments/p8fj0r/all_jokes_aside_if_you_really_are... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
49321.65, 49546.15, 47706.12, 48960.79, 46942.22, 49058.67, 48902.40, 48829.83, 47054.98, 47166.69
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['By the time the Bowerman Mile runners lined up for the final event of the Prefontaine Classic, there had been eight meet records, six world-leading marks and two Diamond-League records already set. Jakob Ingebrigtsen made sure to add his name to that group of record-setters. The 20-year-old Norwegian who won Olympic gold two weeks ago in Tokyo, won the Prefontaine Classic’s signature event Saturday afternoon at Hayward Field in 3 minutes, 47.24 seconds, which was also a national record. "Obviously racing at Hayward Field is always a great experience for milers," Ingebrigtsen said. "Always a great time racing here. Being able to run this fast and take the win is just amazing." Ingebrigtsen stormed past front-running Australian Stewart McSweyn with 250 meters to go and kicked hard for the win. McSweyn was second in 3:48.40 and two-time Bowerman Mile champion Timothy Cheruiyot of Kenya was third in 3:51.17. "I really enjoy racing and competing," Ingebrigtsen said. "Being able to win races is every athlete’s dream. It’s great to be able to be here and take part in this great meet." Matthew Centrowitz, the former Oregon standout and the 2016 Olympic gold medalist, was ninth in 3:53.32. Centrowitz started the race running from the back and had no chance to catch up when Ingebrigtsen and McSweyn pushed the pace. Jakob Ingebrigtsen, right, wins the Bowerman Mile ahead of Stewart McSweyn, left, at Prefontaine Classic at Hayward Field Saturday. The meet marked the return of the Pre Classic to Hayward Field after a three-year absence due to the stadium renovation and the 2020 meet getting canceled because of COVID-19. An announced crowd of 8,937 was on hand, making it the largest crowd at Hayward Field since in reopened in April. Jamaican’s shine again in 100 Elaine Thompson-Herah and her Jamaican teammates made the showdown with American Sha’Carri Richardson non-competitive. Thompson-Herah, the two-time Olympic gold medalist in the 100, ran the second-fastest women’s 100-meter time in history with her win in 10.54 — a Diamond League, meet and Jamaican record. The only woman who has run faster is world-record holder Florence Griffith Joyner at 10.49. Story continues Jamaica’s Elaine Thompson-Herah wins the 100 meters in 10.54 at at the 2021 Prefontaine Classic at Hayward Field in Eugene, Ore., on Saturday, Aug. 21, 2021. USA’s Sha\'carri Richardson, right, finished last. “I ran 10.5 and I think I have so much more,” Thompson-Herah said. “I have some more races. I don’t want to get too excited, too carried away. I still have a mission to complete.” Right on her heels were Shelly-Ann Fraser-Pryce (10.73) and Shericka Jackson (10.76), duplicating their finish in Tokyo. In last place was U.S. champion Richardson, who hasn’t competed since the Olympic Trials due to a drug suspension for marijuana. Richardson ran 11.14. “I’m a warrior,” Richardson said. “My passion will always come out. This last month was a journey for me. That’s no excuse because I’m an athlete. Today was a day, but it’s not every day. It’s not the end of the world. If you choose to count me out, the joke’s on you." \'Talk all the (expletive) you want\': Sha\'Carri Richardson sounds off after finishing last in Prefontaine Classic race The women’s 200 was won by Mujinga Kambundji of Switzerland in 22.06, with American bronze medalist Gabby Thomas coming in second at 22.11. “I wanted to be competitive,” Thomas said. “I didn’t want to go out there and run a mediocre time. I wanted to come to Hayward and compete because it’s my first time at Prefontaine (Classic). I wanted that to be memorable. That was a tough race but I competed.” Oregon star and two-time Olympian Jenna Prandini was fourth in 22.36 and Allyson Felix was eighth in 22.60. De Grasse and Lyles get redemption Andre de Grasse returned to Canada with a pair of individual Olympic medals, winning gold in the 200 and bronze in the 100. Facing another Olympic quality field in the Pre Classic men’s 100, de Grasse came away a winner, running a wind-aided (plus-2.9) 9.74. “I felt like in Tokyo I didn’t really execute in the finals,” De Grasse said. “I could have done better. So it was good to just finally come out here and get out of the blocks good and run a fast time. I felt like there was less pressure. The Olympics are over. Now all these races are just about having fun, enjoying the moment.” Olympic silver medalist Fred Kerley was second in 9.78 and fellow American Ronnie Baker was third in 9.82. In his first race since his disappointing finish in Tokyo, Noah Lyles won the 200 in a world-leading and meet-record 19.52. Lyles was considered the Olympic favorite going into the Summer Games but settled for bronze . Silver medalist Kenny Bednarek was second in 19.80 and Josephus Lyles was third in a PR 20.03. “I’m excited,” Noah Lyles said. “I’m very happy. I came out here and I knew I could put something special together. I’m just excited to see it.” Mu resets her own 800 record The final race of Athing Mu’s long and illustrious season was the best of her short career. The 800 prodigy and Olympic gold medalist topped her own American record with a 1:55.04 victory against a field that included all three medalists from Tokyo. Mu, 19, who wrapped up her one-and-only season at Texas A&M with an NCAA 40 title in June, first set the American record with her win in Tokyo in 1:55.21. Saturday she had a commanding lead as pacer Kaylin Whitney took them through the first lap in 54.19. When Mu crossed the finish line, there was no one on her heels. "I knew this was probably going to be a little tougher because coming off the Olympic games and running a PR there," Mu said. "So I wasn\'t looking at time, I just wanted to come here and run with whoever is out there and just be competitive. ... Very satisfied with 1:55. A PR again this season, that\'s pretty great." American Kate Grace was second in 1:57.60 and Jamaica’s Natoya Goule was third in 1:57.71. Olympic bronze medalist Raevyn Rogers was fourth in 1:58.01 and silver medalist Keely Hodgkinson of Great Britain was fifth in 1:58.30. In the men’s 800, Canada’s Marco Arop made a late move to get into the lead and then kicked down the homestretch to win in 1:44.51, beating the top two medalists from Tokyo. Silver medalist Ferguson Rotich was second in 1:45.02 and fellow Kenyan Emmanuel Korir, the Olympic champ was third in 1:45.05. Arop was seventh in his Olympic semifinal heat and didn’t run in the final. Ryan Crouser wins the men\'s shot during the Prefontaine Classic at Hayward Field Saturday. More records for Crouser The best men’s shot putter in the world had another record-setting outing at Hayward Field. Ryan Crouser, who broke the world record during the U.S. Olympic Track & Field Trials in June, won Saturday’s competition on this fourth attempt with a throw of 75-11 1/2 to set the Diamond League and meet record. Overall, the two-time Olympic champion from Boring had four throws of at least 75 feet. “I’d be happy if that was an ordinary day at the office,” Crouser said. “I felt good out here today competing. I was really happy with the performance today because I felt like I struggled a little bit warming up. I shook out a little of the uncertainty early. I was really happy with my execution coming off a major championship.” Brazil’s Darlan Romani was second with a mark of 71-2 and Olympic silver medalist Joe Kovacs was third at 71-11 3/4. American record for Frerichs in steeplechase There was no Olympic hangover for Courtney Frerichs. The 3,000 steeplechase silver medalist in Tokyo became the first American woman to run under 9:00 when she clocked 8:57.77 for a second-place finish. “I really wanted to focus on competing today,” Frerichs said. “I’ve found that the times come if I focus on the competition and not the pace. I think that was a really good mindset going in because going out in 66 (seconds) is definitely not how I would have expected things to happen. But I think by focusing on competing I wasn’t rattled by any of the pacing. Frerichs, who is a member of Portland’s BTC, also owned the previous American record of 9:00.85 from 2018. She said getting on the track again after her performance in Tokyo felt good. “Physically I was in a great spot,” she said. “When you’ve been thinking about a race for five years and then suddenly it’s over, you kind of want to reset and take the time to figure out your next goals.” Saturday’s winner was Kenyan Norah Jeruto, who ran a world-leading and meet-record 8:53.65. “The race was very good for me,” Jeruto said. “I was prepared for this race today.” Jeruto, who didn’t compete in Tokyo, beat a field that included all three medalists. Olympic champion Peruth Chemutai of Uganda finished seventh in 9:10.87 and bronze medalist Hyvin Kiyeng of Kenya was third in 9:00.05. Other results Faith Kipyegon cruised to victory in the women’s 1,500 as the two-time Olympic gold medalist won by more than six seconds as she set the meet record with a time of 3:53.23. Australian Linden Hall was second in 3:59.73 and American Josette Norris was third in 4:00.07. It was a tough race for Great Britain’s Laura Muir, who won silver in Tokyo. She was 12th Saturday in 4:05.92. Former Oregon star Jessica Hull, an Olympic finalist for Australia, was 11th in 4:05.33. Olympic champion Pedro Pichardo of Portugal won the men’s triple jump 57-10 1/4. Pichardo took the lead when he went 56-6 3/4 on his first jump and then unnecessarily extended his advantage on his last jump. Hugues Fabrice Zango, the bronze medalist from Burkina Faso was second at 56-2 and American Donald Scott was third at 55-10 1/2. American Dalilah Muhammad set the meet record on the women’s 400 hurdles with her win in 52.77. American Shamier Little was second in 53.79 and Panama’s Gianna Woodruff was third in PR 54.20. American Olympic gold medalist Katie Nageotte won the women’s pole vault with a clearance of 15-9 3/4. Bronze medalist Holly Bradshaw of Great Britain was seco **Last 60 Days of Bitcoin's Closing Prices:** [33723.03, 34662.44, 31637.78, 32186.28, 34649.64, 34434.34, 35867.78, 35040.84, 33572.12, 33897.05, 34668.55, 35287.78, 33746.00, 34235.20, 33855.33, 32877.37, 33798.01, 33520.52, 34240.19, 33155.85, 32702.03, 32822.35, 31780.73, 31421.54, 31533.07, 31796.81, 30817.83, 29807.35, 32110.69, 32313.11, 33581.55, 34292.45, 35350.19, 37337.54, 39406.94, 39995.91, 40008.42, 42235.55, 41626.20, 39974.89, 39201.95, 38152.98, 39747.50, 40869.55, 42816.50, 44555.80, 43798.12, 46365.40, 45585.03, 45593.64, 44428.29, 47793.32, 47096.95, 47047.00, 46004.48, 44695.36, 44801.19, 46717.58, 49339.18, 48905.49] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2021-08-22 **Financial & Commodity Data:** - Gold Closing Price: $1781.00 - Crude Oil Closing Price: $62.32 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $917,781,206,948 - Hash Rate: 126820808.5468918 - Transaction Count: 190631.0 - Unique Addresses: 474281.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.76 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Longtime cryptoskepticSen. Elizabeth Warren (D-Mass.) is urging the government yet again to form a regulatory strategy to “mitigate the growing risks that cryptocurrencies pose to the financial system.” In an openletterto U.S. Treasury Secretary Janet Yellen on July 26, Warren urged the Financial Stability Oversight Council (FSOC) Yellen leads to bring about a “coordinated and holistic” response to the risks of crypto. Warren described becoming “increasingly concerned” about the danger cryptocurrency poses to investors, consumers and the environment in the absence of “sufficient regulation.” She also claimed the growing demand for crypto and its approximately $2 trillion market cap could also pose systemic risks to the U.S. financial system. Related:US Senate Banking Committee Asks ‘What Are Cryptocurrencies Good For?’ This is not Warren’s first letter to a government official concerning crypto. Earlier this month, she sent aletterto Gary Gensler, who became chairman of the Securities and Exchange Commission (SEC) in April, asking for clarity on crypto regulation by July 28. She has criticized thespeculativenature of digital assets in interviews, and has pushed forregulationin her role as chair of the Senate’s Subcommittee on Economic Policy. In her letter to Yellen, Warren wrote that the financial system’s increasing exposure to cryptocurrencies means that “material distress in the cryptocurrency market could spread throughout the financial sector.” She cited the risk posed to banks by volatile crypto prices, the “unique threats” posed by stablecoins, the emergence of decentralized finance (DeFi) and the anonymity associated with it and the rise of crypto-enabled cyber attacks as examples of the ways cryptocurrencies “ripple through nearly every corner of the financial system.” Warren also took shots at the current, haphazard approach to crypto regulation, calling it “fractured” among various government agencies. • Senate Banking Committee Bashes Bitcoin’s ‘Phony’ Populism • Japan Increasing Efforts to Regulate Digital Currency: Report • The Progressive Case for Bitcoin... - Reddit Posts (Sample): [['u/lymeguy', 'Any of you think that 1-$3000 invested into crypto today could be worth 10-20k in a few years?', 20, '2021-08-22 00:12', 'https://www.reddit.com/r/CryptoCurrency/comments/p90f9c/any_of_you_think_that_13000_invested_into_crypto/', "This is an idea that always excites me about cryptos and is a potential upside to its volatility. \n\nTrue we may not have a phenomena like the original bitcoin had from flying to be worth nothing to over $40,000 over a number of years or etherium going from dollars to 3k dollars plus, etc...\n\nBut it's always interesting to me to think what some of the top cryptos might amount to in say 5 years.... \n\nIE throwing $1,000 into Cardano now and staking it for a number of years or simply buying 1 or 2 etheriums now and holding it for a couple of years...\n\nWhat do you think?", 'https://www.reddit.com/r/CryptoCurrency/comments/p90f9c/any_of_you_think_that_13000_invested_into_crypto/', 'p90f9c', [['u/biggylips', 20, '2021-08-22 00:13', 'https://www.reddit.com/r/CryptoCurrency/comments/p90f9c/any_of_you_think_that_13000_invested_into_crypto/h9u7xg3/', 'Why wait a few years, I can see investing in ETH and getting 10k THIS year.', 'p90f9c'], ['u/Clubtropper', 15, '2021-08-22 00:34', 'https://www.reddit.com/r/CryptoCurrency/comments/p90f9c/any_of_you_think_that_13000_invested_into_crypto/h9uaj6e/', "Yeah. It's all about the next Bitcoin halving, which is going to happen in spring of 2024.\n\nFill your bags between now and then and you'll ride the rocket straight to the moon.", 'p90f9c']]], ['u/SoupaSoka', 'I graphed whether the top 100 coins from 2016 increased/decreased in value and break down what happened if you invested in the top 5/10/25/50/100 or bottom 50 coins [Graphs + Data + Discussion + tl;dr]', 168, '2021-08-22 00:28', 'https://www.reddit.com/r/CryptoCurrency/comments/p90ole/i_graphed_whether_the_top_100_coins_from_2016/', 'My other recent graph/data crypto posts:\n\n1. [How many Bricks/Moons you\'d need to spend to buy lunch](https://www.reddit.com/r/CryptoCurrency/comments/p8ao8r/i_graphed_how_many_bricks_and_moons_you_would/)\n2. [Comparing a 5-year investment in the top 5 crypto versus traditional investments](https://www.reddit.com/r/CryptoCurrency/comments/p6cvf8/this_is_what_1000_invested_5_years_ago_would_be/)\n3. [YTD changes in top 10 coin market cap versus subreddit subscriber counts.](https://www.reddit.com/r/CryptoCurrency/comments/p4ltdj/i_compared_the_change_in_value_of_the_top_10/)\n\nPlease check these posts out if you want some easy to read graphs and data; I plan to continue making these for the foreseeable future. Without further ado:\n\n# What did the top 100 cryptocurrencies by market cap look like in 2016?\n\nAs a note, I collected these data/rankings from a CoinMarketCap historical snapshot, and I found these coin\'s current prices on CMC first, or CoinGecko if I couldn\'t find them on CMC. If they showed up on neither website, I assumed the coin was worthless.\n\n&amp;#x200B;\n\n[Fig. 1 - Top 100 coins by market cap in 2016.](https://preview.redd.it/7y35crbeesi71.jpg?width=347&amp;format=pjpg&amp;auto=webp&amp;s=ed6fc4c563ea9d9825edc6a9286004a2f16d69e6)\n\n**Have you even heard of most of these coins?** For real, I recognize maybe 25% of them, and I have been in the crypto realm since 2017.\n\nBitcoin, at the top, had a market cap of around $10 B, while the #100 coin, Infinitecoin, had a market cap of around $420,000. For reference, a coin with a market cap of $420,000 today would be roughly rank #1,950 (BEER is that coin, if you\'re curious).\n\nNow, let\'s see how many coins lost value and how many coins gained value in the last five years.\n\n[Fig. 2 - How many of the top 100 coins from 2016 increased or decreased in value in 2021.](https://preview.redd.it/mkdrbx8d1si71.jpg?width=808&amp;format=pjpg&amp;auto=webp&amp;s=2c4409518959004b186c13061971512128df8f28)\n\nI really like this second figure, as it illustrates your odds of being profitable if you had only bought a single coin in 2016 and didn\'t sell it until today. You had a 53% chance of picking a coin that went up in value and a 46% chance of picking a coin that went down in value. Also, a 1% chance to pick Tether. So, a single pick would have been risky. I didn\'t graph these data, but I\'ll note that 9 of the top 10 coins from 2016 went up in value by today, with only STEEM losing 60% of its value.\n\nNow, let\'s look at how many coins increased in value in bins. This will give us a better idea of how much you\'d increase your investment depending on if you had a profitable coin or not.\n\n&amp;#x200B;\n\n[Fig. 3 - A histogram showing \\\\"bins\\\\" of the top 100 coins, grouped by how much their value changed from 2016 to 2021.](https://preview.redd.it/ewqi00n4csi71.jpg?width=900&amp;format=pjpg&amp;auto=webp&amp;s=49e10c0b8b0526fa6cb8841cece9b458d721b932)\n\nSo, the first bin, ranging from 0% to 100%, had 47 coins. This is the same as the orange slice of the pie chart above plus Tether (which was flat, having exactly 100% of its value from 2016 in 2021). The other 46 coins in that first bin lost anywhere from 1% to 100% of their value in the last five years.\n\nTo write out the above: 7 coins increased in value by 1%-100%, 6 coins increased in value by 101-200%, 1 coin increased in value by 300-400% (Peercoin, 311%, for those curious)... and what\'s really interesting is that 39 coins increased by at least 400%.\n\nWhat this means is that if you bought only one coin in 2016 and sold it today, you had a 47% chance to breakeven or lose money, you had a 14% chance to make a 1% to 300% profit, and you had a 39% chance to gain at least a 400% profit. This is basically a massive example of feast or famine, where you either lost your money or you made a 4x or greater gain with very little in-between.\n\nNow, let\'s say you\'re a wise person that doesn\'t YOLO into a single coin, but rather, divides up your investment based on arbitrary cutoffs and not emotional decisions. How would your money look today?\n\n[Fig. 4 - How much would you gain if you had invested in subsets of the top 100 coins from 2016 and sold today?](https://preview.redd.it/cr0bas3bdsi71.jpg?width=1017&amp;format=pjpg&amp;auto=webp&amp;s=9f0e0b1602f9d6436ebd0b3a3813389965314964)\n\nThis is my favorite figure. Imagine this: you had X number of dollars in 2016 and you decided to split all that money up evenly across the top 5 coins only... you would be up 12,726% today.\n\nTop 10 only? 8,448% gain\n\nTop 25? 11,027% gain\n\nThe BOTTOM 50 coins? You\'d **still be up 2,133%**. That\'s more than a 20x increase if you\'d evenly invested into the bottom 50 coins and didn\'t sell until today.\n\nFor comparison, I added an S&amp;P500 index fund investment over the same 5 years - you\'d be up a very respectable (by stock market standards) 105% in only 5 years... which very, very much beats the average rate of return for the S&amp;P500 on a long-term historical basis. That still pales in comparison to even the worst-case investment of throwing money at the 50 bottom coins in my above example, returning less than 5% of what you would get with that bottom 50 investment plan.\n\n**Keep in mind:** past performance neither guarantees or predicts future returns. If you invested in any of the above subsets right now and held for 5 years, you may or may not see similar results - I would only recommend people never invest more than they can afford to lose when it comes to cryptocurrencies.\n\ntl;dr: the top 100 coins on average did quite well, especially if you invested in more of them evenly rather than trying to pick 1-2 (although 9 of the top 10 increased dramatically).', 'https://www.reddit.com/r/CryptoCurrency/comments/p90ole/i_graphed_whether_the_top_100_coins_from_2016/', 'p90ole', [['u/udemygodx', 13, '2021-08-22 01:57', 'https://www.reddit.com/r/CryptoCurrency/comments/p90ole/i_graphed_whether_the_top_100_coins_from_2016/h9ukn8v/', 'wtf is MaidSafeCoin? Ancestors of all the BSC tokens out there? lol', 'p90ole']]], ['u/Smurdy_McMurdy', 'Landlord wants me to pay security deposit in BitCoin, scam?', 29, '2021-08-22 00:37', 'https://www.reddit.com/r/germany/comments/p90u8u/landlord_wants_me_to_pay_security_deposit_in/', 'Hello everyone, I could use the help of some experienced germans. I found an apartment through WG-gesucht. The landlord contacts me and is not currently in germany. She sends the lease to me via e-mail, which I have yet to sign. And in the bottom of the agreement it says that I should pay the deposit of €1000 in BitCoin before she posts me the keys to Sweden. Sound like a scam?\n\nDanke!', 'https://www.reddit.com/r/germany/comments/p90u8u/landlord_wants_me_to_pay_security_deposit_in/', 'p90u8u', [['u/thewindinthewillows', 82, '2021-08-22 07:03', 'https://www.reddit.com/r/germany/comments/p90u8u/landlord_wants_me_to_pay_security_deposit_in/h9vk01y/', 'Holy shit, yes.\n\nRead the first two pages here: https://www.reddit.com/r/germany/wiki/living\n\nThe deposit (or rather the first third of it) is due at the start of the contract, with three working days grace period. That means you have seen the place, signed a contract, and hold the keys.', 'p90u8u'], ['u/33manat33', 11, '2021-08-22 07:07', 'https://www.reddit.com/r/germany/comments/p90u8u/landlord_wants_me_to_pay_security_deposit_in/h9vkcck/', "Don't ever trust someone who wants to send you keys and demands money up front. They will just take your money and disappear.", 'p90u8u'], ['u/Alx_von_H-Berg', 57, '2021-08-22 07:19', 'https://www.reddit.com/r/germany/comments/p90u8u/landlord_wants_me_to_pay_security_deposit_in/h9vlh1m/', 'Every contract where the other party says he is currently not in town is a scam. Did you maybe also need to send them some ID papers? That’s the first part of the scam most of the time.', 'p90u8u'], ['u/Papa_Nurgle_84', 11, '2021-08-22 07:51', 'https://www.reddit.com/r/germany/comments/p90u8u/landlord_wants_me_to_pay_security_deposit_i... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
49546.15, 47706.12, 48960.79, 46942.22, 49058.67, 48902.40, 48829.83, 47054.98, 47166.69, 48847.03
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['Bitcoin , BTC to USD, rose by 0.88% on Sunday. Reversing a 1.01% decline on Saturday, Bitcoin ended the week up by 4.77% to $49,266.0. After a range-bound start to the day, Bitcoin rose to a late morning high $49,469.0 before hitting reverse. Falling short of the first major resistance level at $49,677, Bitcoin fell to a mid-afternoon intraday low $48,086.0. Bitcoin fell through the first major support level at $46,108 before a late rally to an intraday high $49,488.0. Continuing to fall short of the first major resistance level, Bitcoin eased back to end the day at sub-$49,300 levels. The near-term bullish trend remained intact, supported by the latest return to $49,000 levels. For the bears, Bitcoin would need a sustained fall through the 62% FIB of $27,237 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was a mixed day on Sunday. Binance Coin (-0.04%), Bitcoin Cash SV (-0.52%), Crypto.com Coin (-0.01%), and Polkadot (-1.45%) saw red on the day. It was a bullish day for the rest of the majors. Cardano’s ADA rallied by 11.10% to lead the way. Chainlink (+0.51%), Ethereum (+0.47%), Litecoin (+3.48%), and Ripple’s XRP (+0.91%) also found support. For the week ending 22 nd August, it was also a mixed week for the majors. Cardano’s ADA jumped by 24.87% to lead the way, with Polkadot rallying by 14.06%. Binance Coin (+8.32%), Chainlink (+0.47%), and Crypto.com Coin (+3.19%) also joined Bitcoin in the green. It was a bearish week for the rest of the majors, however. Bitcoin Cash (-2.06%), Ethereum (-2.10%), Litecoin (-0.65%), and Ripple’s XRP (-4.55%) ended the week in the red. In the week, the crypto total market fell to a Wednesday low $1,832bn before rising to a Saturday high $2,124bn. At the time of writing, the total market cap stood at $2,082bn. Bitcoin’s dominance fell to a Tuesday low 43.67% before rising to a Wednesday high 45.35%. At the time of writing, Bitcoin’s dominance stood at 44.56%. This Morning At the time of writing, Bitcoin was up by 0.09% to $49,310.0. A mixed start to the day saw Bitcoin fall to an early morning low $49,246.2 before rising to a high $49,439.9. Story continues Bitcoin left the major support and resistance levels untested early on. Elsewhere, it was a bullish start to the day. At the time of writing, Crypto.com Coin was up by 1.33% to lead the way. For the Bitcoin Day Ahead Bitcoin would need to avoid the $48,947 pivot to bring the first major resistance level at $49,807 into play. Support from the broader market would be needed for Bitcoin to break back through to $49,500 levels. Barring a broad-based crypto rally, the first major resistance level and resistance at $50,000 would likely cap any upside. In the event of an extended crypto rally, Bitcoin could test resistance at the 23.6% FIB of $50,473 before any pullback. The second major resistance level sits at $50,349. A fall through the $48,947 pivot would bring the first major support level at $48,405 into play. Barring an extended sell-off on the day, Bitcoin should steer clear of sub-$47,000 levels. The second major support level $47,545 should limit the downside. This article was originally posted on FX Empire More From FXEMPIRE: The Crypto Daily – Movers and Shakers – August 23rd, 2021 Gold Price Futures (GC) Technical Analysis – Strengthens Over $1800.00, Weakens Under $1774.60 AUD/USD Forex Technical Analysis – Short-Covering Ahead of Jackson Hole Summit Underpinning Aussie Peloton Could Rally After Earnings Private Sector PMIs Put the EUR, the GBP, and the Greenback in the Spotlight Hunting Bargains Propel Oil Bulls High', 'Bitcoin , BTC to USD, rose by 0.88% on Sunday. Reversing a 1.01% decline on Saturday, Bitcoin ended the week up by 4.77% to $49,266.0. After a range-bound start to the day, Bitcoin rose to a late morning high $49,469.0 before hitting reverse. Falling short of the first major resistance level at $49,677, Bitcoin fell to a mid-afternoon intraday low $48,086.0. Bitcoin fell through the first major support level at $46,108 before a late rally to an intraday high $49,488.0. Continuing to fall short of the first major resistance level, Bitcoin eased back to end the day at sub-$49,300 levels. The near-term bullish trend remained intact, supported by the latest return to $49,000 levels. For the bears, Bitcoin would need a sustained fall through the 62% FIB of $27,237 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was a mixed day on Sunday. Binance Coin (-0.04%), Bitcoin Cash SV (-0.52%), Crypto.com Coin (-0.01%), and Polkadot (-1.45%) saw red on the day. It was a bullish day for the rest of the majors. Cardano’s ADA rallied by 11.10% to lead the way. Chainlink (+0.51%), Ethereum (+0.47%), Litecoin (+3.48%), and Ripple’s XRP (+0.91%) also found support. For the week ending 22 nd August, it was also a mixed week for the majors. Cardano’s ADA jumped by 24.87% to lead the way, with Polkadot rallying by 14.06%. Binance Coin (+8.32%), Chainlink (+0.47%), and Crypto.com Coin (+3.19%) also joined Bitcoin in the green. It was a bearish week for the rest of the majors, however. Bitcoin Cash (-2.06%), Ethereum (-2.10%), Litecoin (-0.65%), and Ripple’s XRP (-4.55%) ended the week in the red. In the week, the crypto total market fell to a Wednesday low $1,832bn before rising to a Saturday high $2,124bn. At the time of writing, the total market cap stood at $2,082bn. Bitcoin’s dominance fell to a Tuesday low 43.67% before rising to a Wednesday high 45.35%. At the time of writing, Bitcoin’s dominance stood at 44.56%. This Morning At the time of writing, Bitcoin was up by 0.09% to $49,310.0. A mixed start to the day saw Bitcoin fall to an early morning low $49,246.2 before rising to a high $49,439.9. Story continues Bitcoin left the major support and resistance levels untested early on. Elsewhere, it was a bullish start to the day. At the time of writing, Crypto.com Coin was up by 1.33% to lead the way. For the Bitcoin Day Ahead Bitcoin would need to avoid the $48,947 pivot to bring the first major resistance level at $49,807 into play. Support from the broader market would be needed for Bitcoin to break back through to $49,500 levels. Barring a broad-based crypto rally, the first major resistance level and resistance at $50,000 would likely cap any upside. In the event of an extended crypto rally, Bitcoin could test resistance at the 23.6% FIB of $50,473 before any pullback. The second major resistance level sits at $50,349. A fall through the $48,947 pivot would bring the first major support level at $48,405 into play. Barring an extended sell-off on the day, Bitcoin should steer clear of sub-$47,000 levels. The second major support level $47,545 should limit the downside. This article was originally posted on FX Empire More From FXEMPIRE: The Crypto Daily – Movers and Shakers – August 23rd, 2021 Gold Price Futures (GC) Technical Analysis – Strengthens Over $1800.00, Weakens Under $1774.60 AUD/USD Forex Technical Analysis – Short-Covering Ahead of Jackson Hole Summit Underpinning Aussie Peloton Could Rally After Earnings Private Sector PMIs Put the EUR, the GBP, and the Greenback in the Spotlight Hunting Bargains Propel Oil Bulls High', 'Dogecoin Dogecoin fell by 0.60% on Sunday. Following a 3.24% decline on Saturday, Dogecoin ended the week down by 7.43% to $0.3150. A mixed start to the day saw Dogecoin rise to a late morning intraday high $0.3219 before hitting reverse. Falling short of the first major resistance level at $0.3263, Dogecoin slid to a late afternoon intraday low $0.3050. Dogecoin fell through the first major support level at $0.3110. Finding support at the second major support level at $0.3050, Dogecoin moved back through the first major support level to end the day at $0.315 levels. At the time of writing, Dogecoin was up by 0.14% to $0.3154. A mixed start to the day saw Dogecoin fall to an early morning low $0.3148 before rising to a high $0.3194. Dogecoin left the major support and resistance levels untested early on. For the day ahead Dogecoin would need to avoid the $0.3140 pivot to bring the first major resistance level at $0.3229 into play. Support from the broader market would be needed, however, for Dogecoin to break back through to $0.32 levels. Barring an extended crypto rally, the first major resistance level and Sunday’s high $0.3219 would likely cap any upside. In the event of a breakout, Dogecoin could test the second major resistance level at $0.3309. A fall through the $0.3140 would bring the first major support level at $0.3060 into play and the 23.6% FIB of $0.3016 into play. Barring an extended sell-off, however, Dogecoin should steer clear of the second major support level at $0.2971. Looking at the Technical Indicators First Major Support Level: $0.3060 Pivot Level: $0.3140 First Major Resistance Level: $0.3229 23.6% FIB Retracement Level: $0.3016 38.2% FIB Retracement Level: $0.3859 62% FIB Retracement Level: $0.5221 Please let us know what you think in the comments below . Thanks, Bob This article was originally posted on FX Empire More From FXEMPIRE: NZD/USD Forex Technical Analysis – Confirmation of Closing Price Reversal Bottom Shifts Momentum to Upside Ethereum, Litecoin, and Ripple’s XRP – Daily Tech Analysis – August 23rd, 2021 Bitcoin Slams $50,000, First Time Since May Peloton Could Rally After Earnings The Crypto Daily – Movers and Shakers – August 23rd, 2021 Oil Price Fundamental Daily Forecast – Money Managers Cut Long Positions as Bearish Outlook Deepens', 'Dogecoinfell by 0.60% on Sunday. Following a 3.24% decline on Saturday, Dogecoin ended the week down by 7.43% to $0.3150.\nA mixed start to the day saw Dogecoin rise to a late morning intraday high $0.3219 before hitting reverse.\nFalling short of the first major resistance level at $0.3263, Dogecoin slid to a late afternoon intraday low $0.3050.\nDogecoin fell through the first major support level at $0.3110.\nFinding support **Last 60 Days of Bitcoin's Closing Prices:** [34662.44, 31637.78, 32186.28, 34649.64, 34434.34, 35867.78, 35040.84, 33572.12, 33897.05, 34668.55, 35287.78, 33746.00, 34235.20, 33855.33, 32877.37, 33798.01, 33520.52, 34240.19, 33155.85, 32702.03, 32822.35, 31780.73, 31421.54, 31533.07, 31796.81, 30817.83, 29807.35, 32110.69, 32313.11, 33581.55, 34292.45, 35350.19, 37337.54, 39406.94, 39995.91, 40008.42, 42235.55, 41626.20, 39974.89, 39201.95, 38152.98, 39747.50, 40869.55, 42816.50, 44555.80, 43798.12, 46365.40, 45585.03, 45593.64, 44428.29, 47793.32, 47096.95, 47047.00, 46004.48, 44695.36, 44801.19, 46717.58, 49339.18, 48905.49, 49321.65] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2021-08-23 **Financial & Commodity Data:** - Gold Closing Price: $1803.20 - Crude Oil Closing Price: $65.64 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $935,390,804,200 - Hash Rate: 152339629.77888831 - Transaction Count: 270736.0 - Unique Addresses: 648964.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.79 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Every week, Benzinga conducts a survey to collect sentiment on what traders are most excited about, interested in or thinking about as they manage and build their personal portfolios. This week we posed the following question to over 1,000 Benzinga visitors on entertainment company investing: If you had $5,000, would you put it onNetflix Inc(NASDAQ:NFLX) orAMC Entertainment Holdings Inc(NYSE:AMC) right now? • Netflix: 41.2% • AMC: 58.8% See Also:AMC Entertainment CEO Adam Aron On How The Company Is Playing 'Offense' Over-the-top content platform and production company Netflix received 41.2% of support in this week’s study. Last month, Netflix reported a second-quarter EPS of $2.97, which beat the analyst consensus estimate of $3.15. Netflix also reported sales of $7.34 billion, which beat the analyst consensus estimate of $7.32 billion. From Netflix’s earnings report last month: “In Q2, revenue increased 19% year over year to $7.3 billion, while operating income rose 36% year over year to $1.8 billion. We finished the quarter with over 209 million paid memberships, slightly ahead of our forecast.” “COVID has created some lumpiness in our membership growth (higher growth in 2020, slower growth this year), which is working its way through. We continue to focus on improving our service for our members and bringing them the best stories from around the world,” the company reported. What’s more, is that Netflix revealed last month details on a foray into video games. Netflix says games will be included at no additional subscription cost. “We’re also in the early stages of further expanding into games, building on our earlier efforts around interactivity (eg, Black Mirror Bandersnatch) and our Stranger Things games. We view gaming as another new content category for us, similar to our expansion into original films, animation and unscripted TV,” the company told investors. “Games will be included in members’ Netflix subscription at no additional cost similar to films and series. Initially, we’ll be primarily focused on games for mobile devices. We’re excited as ever about our movies and TV series offering and we expect a long runway of increasing investment and growth across all of our existing content categories, but since we are nearly a decade into our push into original programming, we think the time is right to learn more about how our members value games,” the company reported. Netflix is trading higher by 2.5% over the past six months, up 4.6% on a year-to-date basis and higher by 11.9% over the past year. Meanwhile, 58.8% of traders and investors said they would invest into the world’s largest theatre chain AMC. Last month, AMC reported better-than-expected second-quarter EPS and sales results. The company notably reported it has liquidity available in excess of $2 billion. AMC reported quarterly losses of 71 cents per share, which easily beat the analyst consensus estimate of a loss of 93 cents per share. AMC also reported quarterly sales of $444.7 million, which rather easily beat the analyst consensus estimate of $375.3 million. Adam Aron, Chairman and CEO of AMC commented, “The second quarter of 2021 was transformational for AMC. We raised yet another $1.25 billion of new equity capital (before commissions and fees) in the quarter, boosting our quarter ending liquidity to more than $2 billion (including cash and undrawn revolving lines of credit) which is about double the previous highest ever such mark in AMC’s 101-year history.” As of June 30, 2021, AMC operated 593 domestic theatres representing 100% of its domestic theatres and 335 international theatres representing approximately 95% of its international theatres. AMC says the majority of international theatre operations were suspended for the first two months of the second quarter and did not reopen until early June. Due to a series of epic short squeezes amid high retail investor interest, AMC shares are up a marked 425% over the past six months and an eye-popping 1,612% year-to-date. Adam Aron has been arguably one of the most open and willing CEOs to listen to trader and investor feedback for the brand amid marked retail investor ongoing interest in the company. Aron added in the second-quarter earnings report, “AMC’s journey through this pandemic is not finished, and we are not yet out of the woods. However, while there are no guarantees as to what the future will bring in a still infection-impacted world, one can look ahead and envision a happy Hollywood ending to this story. We would like to think that someday when a movie is filmed about AMC and COVID, its title will be one compelling word, ‘Recovery.’ But, only time will tell.” This survey was conducted by Benzinga in August 2021 and included the responses of a diverse population of adults 18 or older. Opting into the survey was completely voluntary, with no incentives offered to potential respondents. The study reflects results from over 1,000 adults. See more from Benzinga • Click here for options trades from Benzinga • If You Had ,000 Right Now, Would You Put It On Microsoft Or Facebook? • If You Had ,000 Right Now, Would You Put It On Bitcoin Or Baby Dogecoin? © 2021 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.... - Reddit Posts (Sample): [['u/Silver-Berry-7073', 'Very bullish', 36, '2021-08-23 00:07', 'https://www.reddit.com/r/QuantNetwork/comments/p9m3pg/very_bullish/', "Damn I have never been so bullish on a project like qnt since I lost the train on eth last year! Qnt is next in line to get to btc and eth level in my opinion. With low supply and savy technological advancement, I think it's only matter of time! My friend suggested me this project and when I did the research I was mind blown! You guys should count your selvs lucky if are holding some qnt. Some people are ohh this is to expensive! Well I told them we will see in the coming years.", 'https://www.reddit.com/r/QuantNetwork/comments/p9m3pg/very_bullish/', 'p9m3pg', [['u/[deleted]', 17, '2021-08-23 00:18', 'https://www.reddit.com/r/QuantNetwork/comments/p9m3pg/very_bullish/h9ynbet/', 'I only found out about this coin last week I have fallen in love with it love it more than eth I think this coin is on par with btc it’s definitely will be easily the top 5 crypto In the future', 'p9m3pg'], ['u/Silver-Berry-7073', 13, '2021-08-23 00:21', 'https://www.reddit.com/r/QuantNetwork/comments/p9m3pg/very_bullish/h9ynq47/', 'I agree as more attention is coming, just keep stacking when ever you can! Just bought 3 this week. So just keep buying whenever you can', 'p9m3pg'], ['u/universepath', 18, '2021-08-23 04:17', 'https://www.reddit.com/r/QuantNetwork/comments/p9m3pg/very_bullish/h9zgrxm/', 'So happy I got in relatively early on QNT. All of the people who bought early are holding because we know what we hold. QNT will change the world. If you’re here, you’re early.', 'p9m3pg']]], ['u/compleks_inc', 'Monero update.', 11, '2021-08-23 00:10', 'https://www.reddit.com/r/CryptoCurrency/comments/p9m5wt/monero_update/', " Greetings Reddit.\n\nI am after some opinions on XMR at its current price.\n\nI am currently holding BTC, ETH and ADA. My basic crypto stretegy so far has been buy and hold, and top up either when I can afford to or when the market dips. Bonus if the two coincide. \n\nI have a little money in savings now, and I am considering either topping up what I have, or looking at a new crypto investment. I haven't heard Monero mentioned recently and wondering what your current thoughts are?\n\nCheers.\n\n&amp;#x200B;\n\nPS. Also, I don't know much about Monero other than the fact that transactions are annonyous and that seems to be a big point of difference for various reasons. If you have any good sources for information regarding XMR I would like to read up and learn a bit more about the technology as well.\n\nThank you.", 'https://www.reddit.com/r/CryptoCurrency/comments/p9m5wt/monero_update/', 'p9m5wt', [['u/udemygodx', 11, '2021-08-23 00:14', 'https://www.reddit.com/r/CryptoCurrency/comments/p9m5wt/monero_update/h9yms6f/', "monero is one of the undervalued coins. it is the best privacy coin out there. i think in some years people will learn how important privacy is and monero will sky rocket so im dca'ing into it.", 'p9m5wt']]], ['u/iLikeTheStalk', "A Primer on XRP (and why Market Cap doesn't apply)", 10, '2021-08-23 00:21', 'https://www.reddit.com/r/CryptoCurrency/comments/p9mcza/a_primer_on_xrp_and_why_market_cap_doesnt_apply/', '# Abstract (TLDR): \n\n* XRP is a bridge currency. \n* Market Capitalization as a metric is not applicable to currencies.\n\nBefore going any further, I want to stress that this is not a rocketship-to-the-moon emoji post. I believe in XRP for the LONG term, and am not suggesting a price valuation or timeframe. The point of this post is to explain why Market Cap is not a valid metric for determining the potential price of this financial instrument. \n\n*Disclaimer: This isn\'t financial advice. Make your own decisions, never invest more than you can safely lose, and don\'t let it keep you up at night worrying (although fantasizing about the possibilities is ok!)*\n\n# WHAT IS MARKET CAP?\n\n**Market Capitalization** ([Market Cap](https://www.investopedia.com/terms/m/marketcapitalization.asp)): The [total dollar market value](https://www.investopedia.com/ask/answers/011215/what-difference-between-intrinsic-value-and-current-market-value.asp) of a company\'s outstanding shares of stock. Commonly referred to as "market cap," it is calculated by multiplying the total number of a company\'s outstanding shares by the current market price of one share. \n\nThe simplified idea that the equation refers to the total number of **any asset** in circulation multiplied by **the last sold price of that asset** is where I see most people going wrong. Understandably, it\'s an extremely simple formula, and I\'m sure most of the people who are new in the crypto space feel much smarter after learning it, but Market Cap doesn\'t apply in the context of cryptocurrencies; it is a metric used *strictly for the purposes of the valuation of businesses that are also the issuers of a security (stock)*.\n\nBut XRP is not a security (as the SEC case will show). It’s value is not dependent on the profit and loss of a company, or their ability to bring to market any goods or services. XRP is a new form of currency, with a specific use case.\n\n# WHAT IS XRP?\n\nIn case you haven\'t researched XRP yet, it is a financial instrument, the primary use of which is to act as a bridge currency between banks in order to transfer funds internationally. XRP is the token created by Ripple Labs, and is used on the XRPLedger to facilitate the transfer of funds nearly instantly (transfers take about 3 seconds). For anyone who has ever purchased anything with a Proof of Work coin (BTC, ETC 1.0), I\'ll say that again: **Transfers take about 3 SECONDS**.\n\nXRP is meant to replace SWIFT, which is the slow, archaic, existing method for international funds transfers created in the 1970\'s which banks still use today. Despite the development of the internet, blockchain, and the possibility for nearly instantaneous transfer of information via secure, regulated, compliant methods, SWIFT still takes multiple days to complete an international transfer, which - as everyone who has ever traded FOREX knows - can be a risky waiting game. Because of the potential for the value of currencies to fluctuate wildly in that time, there are always fees associated with these transfers, the amount of which can vary. In comparison, the cost to transfer or transact with XRP is **0.00001 XRP**.\n\nOn top of the wait, and the fees, banks are required to hold the local currencies of the countries that they transfer to in order to facilitate these transfers. Ripple Labs solved this problem with XRP by offering On Demand Liquidity through it\'s xRapid product. This allows the banks to free up capital on their balance sheets, opting instead to use XRP as a reserve currency.\n\n**As far as use-cases in the crypto space go, this is the Holy Grail.** \n\n* Near instantaneous transfers\n* Stable, minimal fees\n* On Demand Liquidity\n\nWow! What an awesome product, right? The banking industry thinks so too. In fact, Ripple is currently partnered with some of the largest financial institutions in the world. Here\'s an infographic from 2020:\n\n&amp;#x200B;\n\n*Processing img ab7lue8r6kh71...*\n\nAnd it gets better: Ripple is creating new [partnerships](https://ripple.com/customers/#) all the time. On top of that, new banks are opening around the world every day, and now have options when it comes to transferring money internationally. In case you haven\'t heard of the [Jevon\'s Paradox](https://en.wikipedia.org/wiki/Jevons_paradox) this is a prime example of the growth of an economic industry as technology increases in efficiency. \n\n# Which leads me to the idea of price. \n\nThe price of a coin is based on supply and demand. The greater the demand, the higher the price. When it comes to XRP supply, all 100 billion coins have already been minted, with around 45 billion having been released (the majority of which are currently held in wallets and on exchanges) and around 55 billion locked into [escrow](https://ripple.com/dev-blog/explanation-ripples-xrp-escrow/) to be released monthly via smart contracts. Whatever is not sold for that month gets rolled back into escrow. This means that the amount of LIQUID XRP available to meet demand is relatively low (though, as I said, it fluctuates monthly as more coins are released into circulation, and put back in escrow). \n\nTo take the scarcity of supply a step further, XRP has a Burn Rate of 0.00001 XRP per every transaction that is processed - making it an inherently deflationary currency.\n\n# In conclusion:\n\nUsing the Market Cap argument against XRP is like saying that another currency (Euros, Pesos, Yuan, etc.) could NEVER be worth $$$USD, because that would mean that country is worth more than it possibly could be.\n\nThank you for reading, and I look forward to seeing the discussion on this topic.\n\n*For an excellent (and hilarious) breakdown on the fallacy of Market Cap in the crypto space, check out this post by* [*Galgitron - The Myth of Market Cap v2*](http://galgitron.net/Post/The-Myth-of-Market-Cap---Version-2)*.*', 'https://www.reddit.com/r/CryptoCurrency/comments/p9mcza/a_primer_on_xrp_and_why_market_cap_doesnt_apply/', 'p9mcza', [['u/108record', 11, '2021-08-23 00:35', 'https://www.reddit.com/r/CryptoCurrency/comments/p9mcza/a_primer_on_xrp_and_why_market_cap_doesnt_apply/h9ypgou/', 'Exactly, XRP is undervalued AF', 'p9mcza']]], ['u/StopAndThinkPleaseTy', 'I think I am starting to understand...', 50, '2021-08-23 00:24', 'https://www.reddit.com/r/Bitcoin/comments/p9meh9/i_think_i_am_starting_to_understand/', "I am starting to see the bigger picture of Bitcoin. Imagining a world where everyone uses Bitcoin, which further strengthens the security of the network as a whole. It'll be like the borg. It will be eternal. Everyone working cooperatively while they mine. No violence. No greedy evil banks or government systems exploiting their citizens.\n\nI don't know how the inner workings of... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
47706.12, 48960.79, 46942.22, 49058.67, 48902.40, 48829.83, 47054.98, 47166.69, 48847.03, 49327.72