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

Lo último de Damanick Dantes


Mercados

Market Wrap: Cryptocurrencies Fade on News That Powell Will Be Renominated as Fed Chairman

Bitcoin struggles to maintain weekend gains as buyers take profits.

Federal Reserve Board Chairman Jerome Powell

Mercados

Bitcoin Struggles at $60K Resistance; Support Above $53K

Short-term downside is likely into the Asia trading day.

Bitcoin four-hour price chart shows short-term resistance levels with RSI in second panel. (Damanick Dantes/CoinDesk, TradingView)

Mercados

First Mover Asia: Bitcoin Continues Drift Below $60K as Investors Eye Shoppers’ Inflation Response, Biden Fed Chair Pick

Trading activity could be light in the coming week because of the U.S. Thanksgiving holiday; ether holds steady above $4,300.

Bitcoin's price chart over the past week shows the gravitation toward the $60,000 level. (CoinDesk)

Mercados

Market Wrap: Bitcoin Underperforms Altcoins as Sell-Off Pauses

Bitcoin is stabilizing after a near-10% decline over the past week.

Sell-off stabilizes (Shutterstock)

Mercados

Bitcoin Long-Term Uptrend Intact; Support Around $53K-$56K

Momentum is still positive on a weekly basis, which is consistent with a bullish uptrend.

Bitcoin weekly price chart shows long-term uptrend with positive momentum in first panel and RSI declining from overbought levels in lower panel.

Mercados

First Mover Asia: Bitcoin Drops Below $60K Amid Broad Sell-Off in Crypto Markets

Traders could not definitively explain bitcoin’s decline; ether falls under $4,000 for the first time since late October.

Longer-term bitcoin price chart shows this week's big dropoff. See the red candle on the right. (CoinDesk)

Mercados

Market Wrap: Cryptocurrencies Slide as Buyers Stick to the Sidelines

Traders are in no hurry to buy given regulatory concerns and muted volume.

Crypto correction (Shutterstock)

Mercados

Bitcoin Tumbles to 3-Week Low Under $60K; Next Support at $53K

Market retreat comes as bitcoin’s daily price chart signals slowing upside momentum. The ether price fell below $4,000.

Bitcoin daily price chart (Damanick Dantes/CoinDesk, TradingView)

Mercados

First Mover Asia: Altcoins Surge as Bitcoin, Ether Stall

Crypto.com’s CRO and Avalanche’s AVAX tokens hit new highs.

Bitcoin appears to be consolidating around $60,000 as alternative tokens including CRO and AVAX soar. (CoinDesk)

Mercados

Bitcoin Holding Support at $60K; Could Face Resistance at $63K-$65K

The long-term uptrend remains intact despite slowing price momentum.

Bitcoin daily price chart (Damanick Dantes/CoinDesk, TradingView)