Bork DahlDec 18, 2021 · 3 years ago6 answers Can VIX volatility index chart help me identify potential buying or selling opportunities in the cryptocurrency market?
I've heard about the VIX volatility index chart, and I'm wondering if it can be used to identify potential buying or selling opportunities in the cryptocurrency market. Can the VIX index, which is commonly used in the stock market, also be applied to cryptocurrencies? How reliable is the VIX index in predicting price movements in the cryptocurrency market? Are there any specific patterns or indicators on the VIX chart that can help me make informed trading decisions in the crypto market?