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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.

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Markets
Bitcoin
Bitcoin Overbought at $40K Resistance; Support at $34K-$36K
Lower support is seen around $34,000-$36,000, which is the middle of a two-month range.
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By Damanick Dantes
Jul 29, 2021 at 11:23 a.m. UTC
Jul 29, 2021
BitcoinBitcoin PriceTechnical AnalysisCryptocurrencies
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Markets
Bitcoin
Market Wrap: Bitcoin Expected to Pause Before Next Rally
Analysts expect bitcoin to pause at around $40K before its next leg up.
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By Damanick DantesFrances Yue
Jul 28, 2021 at 8:28 p.m. UTC
Jul 28, 2021
BitcoinAltcoinsBitcoin PriceEtherGrayscaleCryptocurrenciesStablecoinsEther FuturesBitcoin OptionsMarket WrapGBTC
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Markets
Bitcoin
Bitcoin Returns Near $40K Resistance; Support at $36K
Lower support near $36K could stabilize a pullback.
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By Damanick Dantes
Jul 28, 2021 at 11:17 a.m. UTC
Jul 28, 2021
BitcoinBitcoin PriceTechnical AnalysisCryptocurrencies
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Markets
Bitcoin
Market Wrap: Bitcoin Stalls After Short-Squeeze Rally
Technical data suggests lower support around $34,000 could stabilize the current pullback.
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By Damanick DantesFrances Yue
Jul 27, 2021 at 8:33 p.m. UTC
Jul 27, 2021
BitcoinAltcoinsTetherBitcoin PriceCryptocurrenciesBitcoin FuturesStablecoinsVolumeBitcoin OptionsMarket Wrap
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Markets
Bitcoin
Bitcoin Declines From $40K Resistance; Support at $34K
Bitcoin is in pullback mode with lower support near $32K-34K.
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By Damanick Dantes
Jul 27, 2021 at 11:14 a.m. UTC
Jul 27, 2021
BitcoinBitcoin PriceTechnical AnalysisCryptocurrencies
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Markets
Bitcoin
Market Wrap: Possible Trend Reversal as Bitcoin Spikes Past $40K
The strong bounce in bitcoin over the weekend occurred as shorts covered positions.
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By Damanick DantesFrances Yue
Jul 26, 2021 at 8:24 p.m. UTC
Jul 26, 2021
BitcoinAltcoinsBitcoin PriceCryptocurrenciesStablecoinsUSDTUniswapBitcoin OptionsBitcoin VolatilityMarket Wrap
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Markets
Ethereum
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.
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By Damanick Dantes
Jul 26, 2021 at 3:23 p.m. UTC
Jul 26, 2021
EthereumBitcoinBitcoin InvestCryptocurrenciesCoinSharesDigital Assets Data
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Markets
Bitcoin
Bitcoin Rallies From Oversold Levels; Resistance Nearby
Upside momentum is improving after several months of consolidation.
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By Damanick Dantes
Jul 26, 2021 at 11:09 a.m. UTC
Jul 26, 2021
BitcoinBitcoin PriceTechnical AnalysisCryptocurrencies
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Markets
Bitcoin
Market Wrap: Bitcoin Analysts Expect a Short-Squeeze
Bitcoin sellers are expected to cover positions, which could lead to higher prices next week.
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By Damanick DantesFrances Yue
Jul 23, 2021 at 8:18 p.m. UTC
Jul 23, 2021
BitcoinAltcoinsBitcoin PriceEtherCryptocurrenciesBitcoin FuturesStablecoinsCrypto FundsBitcoin OptionsMarket WrapNFTKaruraThorchainAXS
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Markets
Bitcoin
Bitcoin Momentum Improves, Faces Resistance at $34K
Bitcoin is holding onto gains above $30K.
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By Damanick Dantes
Jul 23, 2021 at 11:31 a.m. UTC
Jul 23, 2021
BitcoinBitcoin PriceTechnical AnalysisCryptocurrencies