Latest from Damanick Dantes
Market Wrap: Bitcoin Struggles Below $40K as Traders Digest Fed Statement
Bitcoin is under pressure as Fed taper concerns linger, although some expect crypto to remain resilient.
Bitcoin Holds Short-Term Support; Faces Resistance at $41K
Upside momentum has been weak, which means the corrective phase from May is not yet complete.
Market Wrap: Bitcoin Declines as Fed Projects Interest Rate Rise in 2023
The U.S. central bank also increased estimates of coming inflation to 3% from the 2.2% projection in March, largely due to transitory factors.
Bitcoin Upside Fades, Lower Support at $34K
BTC faces slowing momentum as buyers struggle at resistance.
Market Wrap: Attempts to Push Bitcoin Above $40K Stall
Some analysts are optimistic while others prefer to see stronger signs of upside momentum before calling a bottom.
Bitcoin Stalls at Resistance; Lower Support at $36K
However, the short-term trend is improving as the daily chart advances from oversold levels.
Market Wrap: Bitcoin Sustains 'Musk Jump' as Crypto Sentiment Improves
Bitcoin tests $40K following positive comments from Tesla's CEO Elon Musk and hedge fund manager Paul Tudor Jones.
Bitcoin Fund Outflows Slow but Investors Start Exiting Ether Funds
The amount of money leaving was significantly less than the previous, record week of $141 million.
Bitcoin Attempts Range Breakout, Faces Resistance at $42K
Bitcoin is attempting to break out of a monthslong range but faces resistance at $40K-$42K.
Bitcoin Holds Short-Term Support, Faces Resistance at $40K
BTC held minor support along a series of lower price highs. Upside appears limited going into the weekend.
