BfaridaDec 16, 2021 · 3 years ago3 answers Can financial ratios be used to predict the future price movements of cryptocurrencies?
Is it possible to use financial ratios, such as price-to-earnings ratio or market capitalization, to accurately predict the future price movements of cryptocurrencies? Can these traditional financial indicators be applied to the highly volatile and speculative nature of the cryptocurrency market? How reliable are these ratios in forecasting the price trends of digital assets?