Damanick Dantes

Damanick was a crypto market analyst at CoinDesk where he wrote the daily Market Wrap and provided technical analysis. He is a Chartered Market Technician designation holder and member of the CMT Association. Damanick is also a portfolio strategist and does not invest in digital assets.

Damanick Dantes

Latest from Damanick Dantes


Mercados

Market Wrap: Bitcoin Stabilizes as Risk Appetite Weakens

Support is seen above $40,000.

Bitcoin 24-hour chart (CoinDesk)

Mercados

Bitcoin Holds $40K Support, Initial Resistance at $47K

Oversold conditions could stabilize the pullback toward $47K resistance.

Bitcoin four-hour price chart (CoinDesk, TradingView)

Mercados

Market Wrap: Bitcoin Sell-Off Deepens as Equity Volatility Rises

Analysts expect further choppiness this week as investors seek safety from risk assets.

Bitcoin 24-hour chart (CoinDesk)

Mercados

Bitcoin in Pullback Mode, Support at $40K-$42K

Initial support is seen at $40K-$42K, which could stabilize the pullback.

Bitcoin daily price chart (CoinDesk, TradingView)

Mercados

Market Wrap: Bitcoin Traders Take Profits Amid Regulatory Crackdowns

Derivative markets are displaying signs of uncertainty, and concerns about regulation are rising.

Bitcoin 24-hour chart (CoinDesk)

Mercados

Bitcoin Consolidates Above $45K Support, Resistance at $50K

Bitcoin remains in breakout mode, although upside is limited to $50K.

Bitcoin daily price chart (CoinDesk, TradingView)

Mercados

Market Wrap: Bitcoin Drifts Lower as Altcoins Outperform

Bitcoin buyers appear to be exhausted, while altcoins such as Avalanche’s AVAX rally.

Bitcoin 24-hour chart (CoinDesk)

Mercados

Bitcoin Pulls Back Ahead of $50K Resistance, Support at $46K

Upside momentum is improving, which suggests pullbacks could be limited.

Bitcoin four-hour price chart (CoinDesk, TradingView)

Mercados

Market Wrap: Bitcoin Rises as Traders Accumulate Positions

Sentiment is improving as traders eye positive technical indicators.

Screen Shot 2021-09-15 at 3.02.28 PM.png

Mercados

Grayscale’s Vision for Bitcoin ETF at Odds With Those of SEC Chair Gensler

Analysts say the so-called GBTC discount could widen if Grayscale’s plan for a spot bitcoin-based ETF fails to win SEC approval.

GBTC discount (Skew)