fabrik5kDec 28, 2021 · 3 years ago7 answersCan VIX levels be used as a predictor of future cryptocurrency price movements?
Is it possible to use VIX levels as a reliable indicator for predicting the future price movements of cryptocurrencies? VIX, also known as the Volatility Index, is commonly used to measure market volatility in traditional financial markets. However, can this index be applied to the highly volatile and unique nature of cryptocurrencies? Are there any studies or research that suggest a correlation between VIX levels and cryptocurrency price movements? How accurate and effective is this method in predicting future price trends in the cryptocurrency market?
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