Damanick Dantes

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.

Social

Recent

screen-shot-2021-08-23-at-2-40-35-pm
Market Wrap: Bitcoin Stalls Near $50K Ahead of Options Expiration Date
Bitcoin slipped below $50K and will likely consolidate this week, analysts say.
screen-shot-2021-08-23-at-2-40-35-pm
screen-shot-2021-08-20-at-3-18-14-pm
Market Wrap: Bitcoin Rallies Ahead of $50K Resistance
Bitcoin rallied after Coinbase announced it will add crypto to its balance sheet.
screen-shot-2021-08-20-at-3-18-14-pm
screen-shot-2021-08-20-at-7-04-58-am
Bitcoin Holds Support at $45K; Faces Resistance at $50K
Buyers will likely remain active on pullbacks into the weekend.
screen-shot-2021-08-20-at-7-04-58-am
screen-shot-2021-08-19-at-3-17-28-pm
Market Wrap: Bitcoin Expected to Hold Support Above $45K
Analysts expect bitcoin to remain above its 200-day moving average.
screen-shot-2021-08-19-at-3-17-28-pm
screen-shot-2021-08-19-at-7-20-27-am
Bitcoin Declines; Approaching Lower Support at $42K
Bitcoin will need to remain above $40,000-$42,000 in order to resume the uptrend towards $50,000-$55,000.
screen-shot-2021-08-19-at-7-20-27-am
screen-shot-2021-08-18-at-3-41-00-pm
Market Wrap: Bitcoin Trades Sideways as Institutional Demand Expected to Rise
Bitcoin and other cryptocurrencies are consolidating near recent highs.
screen-shot-2021-08-18-at-3-41-00-pm
screen-shot-2021-08-18-at-7-12-38-am
Bitcoin Holds Support Near $43K as Rally Pauses
The cryptocurrency is down 3% in the last 24 hours.
screen-shot-2021-08-18-at-7-12-38-am
screen-shot-2021-08-17-at-3-32-40-pm
Market Wrap: Bitcoin Buyers Could Take Profits as Volume Declines
Some analysts are optimistic about the long-term recovery in crypto prices, although the pace of the upside will likely slow over the short term.
screen-shot-2021-08-17-at-3-32-40-pm
screen-shot-2021-08-17-at-7-01-44-am
Bitcoin Rangebound Near $50K Resistance; Support at $40K
BTC is trading around the 200-day moving average and will need to break out of a short-term range to resume the uptrend.
screen-shot-2021-08-17-at-7-01-44-am
screen-shot-2021-08-16-at-2-59-50-pm
Market Wrap: Bitcoin Rally Expected to Pause
Analysts expect traders to take a breather after the crypto's recent rally.
screen-shot-2021-08-16-at-2-59-50-pm