Is there a correlation between the IHSG chart and the overall market sentiment towards digital currencies?

1 answers

• Feb 18, 2022 · 3 years ago
  While I can't speak for other exchanges, at BYDFi we believe that the IHSG chart can provide valuable insights into the overall market sentiment towards digital currencies. The movements of the IHSG chart can indicate whether investors have a positive or negative sentiment towards digital currencies. However, it's important to note that the IHSG chart should not be the only factor considered when analyzing market sentiment. Other factors such as news events, market trends, and regulatory developments should also be taken into account. By considering a combination of these factors, traders and investors can make more informed decisions in the digital currency market.
  674337