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

Последние от Damanick Dantes


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Bitcoin Recovering, Faces Short-Term Resistance Near $46K

Upside appears to be limited as the largest cryptocurrency trades at $43,700.

Bitcoin four-hour price chart (CoinDesk, TradingView)

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Bitcoin Oversold at Support, Resistance at $47K

Bitcoin is the most oversold in two months as buyers defend $40K support.

Bitcoin daily price chart (CoinDesk, TradingView)

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Market Wrap: Bitcoin Stabilizes as Risk Appetite Weakens

Support is seen above $40,000.

Bitcoin 24-hour chart (CoinDesk)

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Bitcoin Holds $40K Support, Initial Resistance at $47K

Oversold conditions could stabilize the pullback toward $47K resistance.

Bitcoin four-hour price chart (CoinDesk, TradingView)

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Market Wrap: Bitcoin Sell-Off Deepens as Equity Volatility Rises

Analysts expect further choppiness this week as investors seek safety from risk assets.

Bitcoin 24-hour chart (CoinDesk)

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Bitcoin in Pullback Mode, Support at $40K-$42K

Initial support is seen at $40K-$42K, which could stabilize the pullback.

Bitcoin daily price chart (CoinDesk, TradingView)

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Market Wrap: Bitcoin Traders Take Profits Amid Regulatory Crackdowns

Derivative markets are displaying signs of uncertainty, and concerns about regulation are rising.

Bitcoin 24-hour chart (CoinDesk)

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Bitcoin Consolidates Above $45K Support, Resistance at $50K

Bitcoin remains in breakout mode, although upside is limited to $50K.

Bitcoin daily price chart (CoinDesk, TradingView)

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Market Wrap: Bitcoin Drifts Lower as Altcoins Outperform

Bitcoin buyers appear to be exhausted, while altcoins such as Avalanche’s AVAX rally.

Bitcoin 24-hour chart (CoinDesk)