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Damanick Dantes

Latest from Damanick Dantes
Market Wrap: Bitcoin Extends Losses While Traders Remain Bullish on Ether
Weekly returns were mixed as some altcoins outperformed. Meanwhile, macro headwinds could cause investors to reduce exposure to speculative assets next year.

First Mover Asia: Markets in Wait-and-See Mode; Bitcoin Hovers Around $57K
The price for the tether-yuan pair fell entering December, as the deadline approaches for Huobi, a popular crypto exchange among Chinese investors, to close the accounts of its existing users in mainland China.

Market Wrap: Bitcoin Vulnerable to Rising Leverage Despite Short-Term Optimism
Analysts are cautiously optimistic about a sustained price rise in bitcoin.

Bitcoin Struggles Near Resistance; Support at $53K
Long-term momentum is starting to fade, which could limit price gains this month.

First Mover Asia: Bitcoin Drops Following First US Omicron Case
Ether falls, breaking a four-day streak of gains; equity markets tumble.

Bitcoin Rangebound Between $55K Support and $60K Resistance
The intermediate-term uptrend remains intact.

Market Wrap: Analysts Expect Positive Bitcoin Returns in December
The cryptocurrency typically rises in the fourth quarter, which is why some traders are poised for a year-end rally.

First Mover Asia: Bitcoin Rally Stalls After US Central Bank Chair’s Comments; Ether Rises
The largest cryptocurrency by market capitalization saw three consecutive days of healthy gains end after Jerome Powell signaled that the U.S. Federal Reserve might accelerate the ending of its easy-money policies; ether approaches $4,800 before falling back.

Market Wrap: Bitcoin Underperforms as Ether and Other Altcoins Rise
Ether was up about 5% over the past 24 hours compared to bitcoin’s flat performance.

Bitcoin Declined Below $58K; Support Between $53K-$55K
The cryptocurrency is down about 2% over the past 24 hours and is roughly flat over the past week.
