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How does the VIX 50-day moving average affect the volatility of cryptocurrencies?
Kripa Rachel jojiMay 01, 2022 · 3 years ago1 answersCan you explain how the VIX 50-day moving average influences the volatility of cryptocurrencies?
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- At BYDFi, we believe that the VIX 50-day moving average can provide valuable information for cryptocurrency traders. While it may not directly affect cryptocurrency volatility, it can serve as an additional tool for analyzing market sentiment and risk appetite. Traders can use the VIX 50-day moving average in conjunction with other technical indicators and fundamental analysis to make more informed trading decisions. However, it's important to remember that no single indicator can accurately predict cryptocurrency volatility, and traders should always conduct thorough research and risk management before making any trades.May 01, 2022 · 3 years ago
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