Insights

The Role of Crypto in the 2024 US Election: A New Political Battleground

Doc

Aug 12, 2024 — 3 min read

As the 2024 US presidential election looms, the stakes have never been higher. Wars rage, inflation persists, and political polarisation deepens. Amid this turmoil, crypto has emerged as a crucial issue for voters, with Bitcoin at the forefront. A recent survey by Harris Poll on behalf of Grayscale reveals that nearly half of American voters (47%) expect crypto to be part of their investment portfolios, a significant increase from late 2023. This growing interest in crypto is not just a financial trend but a political one, with candidates like Donald Trump embracing the asset on the campaign trail.

Moving Average Convergence Divergence (MACD)

Earlier, we discussed moving averages, and now we’ll expand on that by introducing the Moving Average Convergence Divergence (MACD). MACD is a popular momentum indicator that shows the relationship between two EMAs—typically the 12-day and 26-day. It helps traders identify changes in the strength, direction, and momentum of

Relative Strength Index (RSI)

In the previous article, we explored how volume can confirm the strength of a price movement. Now, we’ll dive into the Relative Strength Index (RSI), a momentum oscillator that measures the speed and change of price movements. RSI helps traders determine if an asset, such as Bitcoin or Solana,

Volume Analysis

In previous articles, we focused on price movements and trends, but another critical aspect of Technical Analysis is volume. Volume measures the number of coins or tokens traded over a certain period, and it’s a key indicator of the strength or weakness of a price movement. Higher volume typically

The Golden Cross and Death Cross

In the last article, I discussed how the Exponential Moving Average (EMA) can help identify trends and signal potential buy or sell points. Building on that, two of the most well-known signals in Technical Analysis are the Golden Cross and Death Cross. These occur when two moving averages, typically the

Read more

Moving Average Convergence Divergence (MACD)

Relative Strength Index (RSI)

Volume Analysis

The Golden Cross and Death Cross