Correlations between Bitcoin and Futures prices

[Virgilius]

Hi guys, what are for you, and where to find papers about the, correlations between Bitcoin Futures and Bitcoin price?

Before Futures the price was linked to news, rumors, speculations hipe, but from now, with institutional investors, and financial instruments like futures, the volumes and price are linked to this metrics.

Bigger shorts futures order = bigger bitcoin fall?
Long order = bitcoin price up?

With futures we can see what will be the price of an asset in the next future, what will be the sensations of financial investors (bigger investors=bigger volumes) in the next future, so, we need to use this informations for our cryptocurrency trading!

[1715392792]

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[1715392792]

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[Sallysakky]

From one point of view Bitcoin price now become regulated by futures, but from another there is no direct dependency, cryptocurrency market is not easy predictable.
 I consider that Bitcoin price will be main indicator that impacts on futures price.