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

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Mercati

Market Wrap: Bitcoin Drifts Lower, Although Analysts Expect Bearish Sentiment to Fade

BTC was down 4% over the past 24 hours as geopolitical risks intensified.

Volatility fades. (meriç tuna/Unsplash)

Mercati

Bitcoin Takes a Breather; Support at $37K-$40K

Intraday charts show downside exhaustion, which could encourage short-term buying.

Bitcoin's daily chart shows support/resistance levels. (Damanick Dantes/CoinDesk, TradingView)

Mercati

First Mover Asia: India Commodity Price Increase Stemming From Russia Invasion Could Hurt Crypto Investment; Bitcoin Loses Momentum

An increase in commodity prices could eat into Indian investors’ skyrocketing appetite for cryptocurrencies; bitcoin, ether are roughly flat for the day.

sunflower, sun, nature

Mercati

Market Wrap: Cryptocurrencies Pull Back Amid Inflation and Geopolitical Risk

Bitcoin and other cryptos dipped as oil prices surged. Higher prices could lead to slower economic growth and market volatility.

Federal Reserve building (Paul Brady Photography/Shutterstock)

Mercati

Bitcoin Fades From Resistance; Support at $40K

Downside could persist into the Asia trading day.

Volatility fades. (meriç tuna/Unsplash)

Mercati

First Mover Asia: China’s Potential SWIFT Competitor CIPS Won't Help Russia Much; Bitcoin, Ether Rise Again

The Chinese system has just 75 members and processes only a fraction of the transactions that SWIFT handles.

Kyiv. (Photo by Chris McGrath/Getty Images)

Mercati

Market Wrap: Bitcoin Decouples From Stocks Ahead of Seasonally Weak March

Bitcoin and ether were up 5% over the past 24 hours, while stocks closed lower.

Investors grapple with market risk. (Mostafa Meraji, Unsplash)

Mercati

Bitcoin Bounce Stalls, Resistance Between $44K and $46K

Buyers could remain active at lower support levels, particularly at $40K.

Bitcoin's four-hour chart shows nearby resistance with RSI on the bottom. (Damanick Dantes/CoinDesk, TradingView)

Mercati

First Mover Asia: The Petroyuan Is No Russia Sanctions Buster; Bitcoin 15% Gain Is Largest in a Year as Investors See Opportunity for Crypto

The People's Bank of China maintains strict capital controls over the country's currency; bitcoin rose over $43,000 and most other major cryptos were well into the green.

(Swift)

Mercati

Market Wrap: Bitcoin Rises Despite Geopolitical Tensions

Bitcoin is up 10% over the past 24 hours, compared with an 8% gain in ETH and an 14% rise in SOL. Indicators suggest more volatility before a recovery unfolds.

Bitcoin rise (Shutterstock)