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 in $65K Range as Trading Volume Slows

Some analysts see the coming Taproot upgrade spurring an additional bitcoin price increase following this week’s surge.

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Markets

Market Wrap: Bitcoin Stabilizes as Traders Prepare for Taproot Upgrade

Analysts expect further upside despite short-term price swings.

Bitcoin 24-hour price chart (CoinDesk)

Markets

Bitcoin Could Find Support at $56K-$60K

Upside momentum is starting to slow, especially given recent overbought signals on the charts.

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

Markets

First Mover Asia: Bitcoin Declines After Reaching a Record High; Ether Also Drops

The dip in bitcoin occurred after news that China Evergrande Group had failed to pay at least some of its international investors interest payments on bonds the real estate giant had issued.

Elon Musk's Tweets Send Bitcoin Price on Roller Coaster Ride; Opportunity for the Rise of Altcoins?

Markets

Bitcoin Pulls Back From All-Time High, Support Between $63K-$65K

Intraday charts are showing initial signs of upside exhaustion.

Bitcoin four-hour price chart (Damanick Dantes/CoinDesk, TradingView)

Markets

Market Wrap: Higher Inflation Expected to Send Bitcoin and Gold Higher Into End of Year

Bitcoin hit an all-time high Wednesday before falling back.

The correlation between bitcoin and gold (Damanick Dantes/CoinDesk, Koyfin)

Markets

First Mover Asia: Bitcoin Enters ‘Extreme Greed’ Territory; Altcoins Rally

Bitcoin volume has increased the past two days but remains well below its mid-October high.

Bitcoin Back Above $46K on Low Daily Volume as Altcoins Outperform

Markets

Market Wrap: Bitcoin Outperforms as Traders Prepare for Next Leg Higher

Bitcoin is up about 5% over the past week, compared with a 3% rise in ether over the same period.

Bitcoin market dominance ratio (Damanick Dantes/CoinDesk, TradingView)

Markets

Bitcoin Rally Stalls; Could Find Support at $63K-$65K

Buyers could return on price dips into the Asian trading session.

Bitcoin four-hour price chart (Damanick Dantes/CoinDesk, TradingView)

Markets

First Mover Asia: Bitcoin Hits Record High of Over $67.5K; Ether Also Sets New Mark

Indicators suggest that bitcoin, the largest cryptocurrency by market capitalization, is headed at least initially toward the $86K resistance level.

Will Bitcoin's Bull Run Continue Next Week?