Latest from Damanick Dantes
Bitcoin Pulls Back From All-Time High, Support Between $63K-$65K
Intraday charts are showing initial signs of upside exhaustion.
Market Wrap: Higher Inflation Expected to Send Bitcoin and Gold Higher Into End of Year
Bitcoin hit an all-time high Wednesday before falling back.
First Mover Asia: Bitcoin Enters ‘Extreme Greed’ Territory; Altcoins Rally
Bitcoin volume has increased the past two days but remains well below its mid-October high.
Market Wrap: Bitcoin Outperforms as Traders Prepare for Next Leg Higher
Bitcoin is up about 5% over the past week, compared with a 3% rise in ether over the same period.
Bitcoin Rally Stalls; Could Find Support at $63K-$65K
Buyers could return on price dips into the Asian trading session.
First Mover Asia: Bitcoin Hits Record High of Over $67.5K; Ether Also Sets New Mark
Indicators suggest that bitcoin, the largest cryptocurrency by market capitalization, is headed at least initially toward the $86K resistance level.
Market Wrap: Bitcoin Rises as Central Banks Maintain Low Rates
The cryptocurrency is rising along with stocks, although some analysts expect the rally could fade next year.
Bitcoin Holds Support at $60K-$65K, Testing All-Time High
Upside momentum is improving after a two-week consolidation phase.
First Mover Asia: Bitcoin Rises Amid Light Weekend Trading
Yet, bitcoin’s market dominance has been dropping as interest in altcoins soars; transaction fees on the Ethereum blockchain have been rising.
Bitcoin Faces Resistance Near $64K, Support Between $55K-$60K
Upside momentum is slowing, which suggests a period of consolidation could persist in the short term.
