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

First Mover Asia: Bitcoin Barely Budges in Weekend Trading

Crypto trading was light and could remain so in Asian markets as many investors celebrate the Lunar New Year holiday week.

Bitcoin's price stayed roughly flat over the weekend.  (Mike Aguilera/SeaWorld San Diego via Getty Images)

Markets

Market Wrap: Bitcoin Stalls Below $40K, Analysts Point to Risks in DeFi

Some observers are concerned about a "crypto winter."

Rising risk makes investors more cautious (Shutterstock)

Markets

Bitcoin Holds Support Above $35K; Resistance Near $40K

BTC is stabilizing between $30K and $40K as oversold conditions remain intact.

Bitcoin weekly price chart shows support/resistance, with RSI on bottom. (Damanick Dantes/CoinDesk, TradingView)

Markets

First Mover Asia: Bearish Crypto Sentiment Continues as Dollar Strengthens

Bitcoin was up slightly, but ether and most other major altcoins fell as investors continued to digest the Federal Reserve's hawkish comments from Wednesday.

Black Bear (Photo by Galen Rowell/Corbis via Getty Images)

Markets

Market Wrap: Bitcoin Rangebound Ahead of Option Expiry; Expect Higher Volatility

Sentiment in the bitcoin options market is mixed, although some traders are seeking downside protection.

Traders are starting to position themselves ahead of the bitcoin options expiry on Friday. (Wim van 't Einde/Unsplash)

Markets

Bitcoin Stuck Below $40K Resistance; Support at $33K

Upside remains limited given the intermediate-term downtrend.

Bitcoin's four-hour price chart shows resistance levels. (Damanick Dantes/CoinDesk, TradingView)

Markets

First Mover Asia: Interest Rate Hikes in the Future? Crypto Rally Shorts Out

Bitcoin drops below $37,000 after soaring to nearly $39,000 following remarks by Federal Reserve Chairman Jerome Powell.

CoinDesk placeholder image

Markets

Market Wrap: Bitcoin Rally Fades After Fed Signals Upcoming Rate Hike

Bitcoin was roughly flat over the past 24 hours amid choppy trading conditions.

Bitcoin 24-hour price chart (CoinDesk)

Markets

Bitcoin Oversold Bounce Faces Resistance at $40K-$43K

Long-term momentum remains very weak and BTC is at a critical point.

Bitcoin daily price chart shows support/resistance, with RSI on bottom. (Damanick Dantes/CoinDesk, TradingView)

Markets

First Mover Asia: Bitcoin Nears $37K Amid Lighter Trading

Ether was roughly flat, while other major altcoins were mixed.

(Miguel Villagran/Getty Images)