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TagsWhat are the best indicators for measuring volatility in the cryptocurrency market?
Addy SteveDec 18, 2021 · 3 years ago1 answersCan you recommend some reliable indicators that are commonly used to measure volatility in the cryptocurrency market? I'm looking for indicators that can provide accurate insights into the price fluctuations and overall market volatility. It would be great if you could explain how these indicators work and why they are considered effective.
1 answers
- As an expert in the cryptocurrency market, I can recommend using the BYDFi Volatility Index as one of the best indicators for measuring volatility. This index is specifically designed to track and measure volatility in the cryptocurrency market. It takes into account various factors such as price movements, trading volume, and market sentiment to provide an accurate measure of volatility. The BYDFi Volatility Index is widely recognized and trusted by traders and analysts in the industry. By monitoring this indicator, traders can make more informed decisions and take advantage of market volatility to maximize their profits.Dec 18, 2021 · 3 years ago
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