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Latest from Damanick Dantes
Market Wrap: Bitcoin Bears Retreat as Traders Buy on Dips
Bitcoin is up about 6% over the past 24 hours. Analysts expect short-term price gains.
Bitcoin Returns Above $58K as Momentum Improves
Buyers will need to clear $60K resistance to maintain an uptrend.
First Mover Asia: Bitcoin Falls in Pre-Holiday Trading; Ether Drops
A recovery in the tether-yuan pairing suggests the Chinese market is slowly recovering from the country’s crypto trading ban in September.
Market Wrap: Higher Volatility Expected in Bitcoin and Ether
There could be sharp price moves over the next few days.
Bitcoin Held Support at $53K, Faces Initial Resistance Around $60K
Initial signs of downside exhaustion could stabilize the intermediate-term uptrend from July.
First Mover Asia: Bitcoin Edges Toward $58K; Altcoins Recover From 7-Day Lows
The dominance of the largest cryptocurrency by market capitalization dipped to 42%, far off its October high.
Market Wrap: Altcoins Outperform as Bitcoin Stabilizes
The rise in altcoins suggests a greater appetite for risk among traders.
Bitcoin Holds Support at $56K, Resistance at $60K-$63K
Momentum is improving as oversold readings appear on the chart.
First Mover Asia: Bitcoin Drops to $56.5K After Brief Rally; Ether Also Falls
Crypto and equity markets rose in early trading after the news that U.S. President Joe Biden had reappointed Jerome Powell as chair of the Federal Reserve.
Market Wrap: Cryptocurrencies Fade on News That Powell Will Be Renominated as Fed Chairman
Bitcoin struggles to maintain weekend gains as buyers take profits.
