Ankitk KumarNov 26, 2021 · 3 years ago6 answers Can live cattle futures quotes be used as a predictor for cryptocurrency price movements?
Is it possible to use live cattle futures quotes as a reliable indicator for predicting the price movements of cryptocurrencies? Can the trends and patterns observed in the live cattle futures market be applied to the highly volatile and speculative cryptocurrency market? How closely are these two markets correlated, and can we draw any meaningful conclusions from the price movements in one market to predict the other?