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


Markets

Bitcoin Declines From $40K Resistance; Support at $34K

Bitcoin is in pullback mode with lower support near $32K-34K.

Bitcoin four-hour chart

Markets

Market Wrap: Possible Trend Reversal as Bitcoin Spikes Past $40K

The strong bounce in bitcoin over the weekend occurred as shorts covered positions.

Bitcoin 24-hour price chart

Markets

Bitcoin Investment Products See 3rd Week of Outflows

Monday's bitcoin rally could encourage digital-asset inflows because many investors have been on the sidelines since the sell-off in May.

Chart shows weekly digital asset fund flows.

Markets

Bitcoin Rallies From Oversold Levels; Resistance Nearby

Upside momentum is improving after several months of consolidation.

Bitcoin daily price chart

Markets

Market Wrap: Bitcoin Analysts Expect a Short-Squeeze

Bitcoin sellers are expected to cover positions, which could lead to higher prices next week.

Bitcoin 24-hour price chart, CoinDesk 20

Markets

Bitcoin Momentum Improves, Faces Resistance at $34K

Bitcoin is holding onto gains above $30K.

Bitcoin daily price chart

Markets

Market Wrap: Bitcoin Holds Above $30K as Sentiment Improves

Bitcoin is holding up following a strong bounce from $30,000 support.

Bitcoin 24-hour price chart, CoinDesk 20

Markets

Bitcoin Stalls at Resistance, Minor Support Nearby

Bitcoin buyers should remain active above $30K support.

Bitcoin four-hour chart

Markets

Market Wrap: Bitcoin Climbs as Elon Musk Tames Shorts

Bitcoin and other cryptos rallied as Musk boosted bullish sentiment during The B Word conference.

Tesla CEO Elon Musk speaks during a livestream from Wednesday’s The B Word conference.

Markets

Bitcoin Rebounds to Above $30K, Resistance Seen at $34K

Bitcoin buyers respond to oversold conditions.

Bitcoin four-hour chart