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

Останні від Damanick Dantes


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Bitcoin Pulls Back Ahead of $50K Resistance, Support at $46K

Upside momentum is improving, which suggests pullbacks could be limited.

Bitcoin four-hour price chart (CoinDesk, TradingView)

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Market Wrap: Bitcoin Rises as Traders Accumulate Positions

Sentiment is improving as traders eye positive technical indicators.

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Grayscale’s Vision for Bitcoin ETF at Odds With Those of SEC Chair Gensler

Analysts say the so-called GBTC discount could widen if Grayscale’s plan for a spot bitcoin-based ETF fails to win SEC approval.

GBTC discount (Skew)

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Bitcoin in Recovery Mode, Resistance at $48K-$50K

Upside appears to be limited towards $50,000.

Bitcoin four-hour price chart (CoinDesk, TradingView)

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Market Wrap: Bitcoin Returns to Above $46K Even as Indicator Shows Crypto Fear

Bitcoin is in recovery mode as the Fear & Greed Index enters the fear zone; analysts eye regulatory developments.

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Bitcoin Stabilizes; Faces Resistance at $48K-$50K

Upside appears limited as bitcoin consolidates near support.

Bitcoin four-hour price chart (CoinDesk, TradingView)

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Market Wrap: Bitcoin Whipsaws on Fake News, Investors Flow Into Solana Funds

Bitcoin traded in a choppy range on a fake press release about a Walmart partnership with Litecoin.

Bitcoin 24-hour chart (CoinDesk)

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Bitcoin Dips Below $46K, Support Around $42K

Upside appears to be limited given signs of slowing momentum.

Bitcoin 24-hour chart (CoinDesk)

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Market Wrap: Cryptocurrencies Stabilize as Regulatory Concerns Rise

Bitcoin and other cryptocurrencies are rangebound as analysts monitor regulatory developments.

Bitcoin 24-hour chart (CoinDesk)

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Bitcoin Stalls at Support, Resistance at $50K

Upside momentum is slowing into the weekend, which can limit price rises.

Bitcoin daily price chart shows support and resistance levels.