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

Market Wrap: Bitcoin Enters September Slowdown; Cardano’s ADA at New High

Analysts expect bitcoin to weaken this month, as it has in the past, before the next leg up.

Bitcoin 24-hour chart (CoinDesk)

Markets

Bitcoin Holds Support, Testing $50K Resistance

Short-term overbought signals could trigger a brief pullback.

Bitcoin four-hour chart shows short-term support and resistance levels with RSI. Bitcoin four-hour chart (CoinDesk, TradingView)

Markets

Market Wrap: Ether Breaks Out as Bitcoin Lags

Ether may be poised for a move to $4,000.

Ether 24-hour chart (CoinDesk)

Markets

Bitcoin Stuck in Sideways Chop, Support Above $46K

There is immediate resistance around $48,000 and then $50K, where buyers have taken profits over the past few weeks.

Bitcoin hourly price chart shows short-term support and resistance levels with RSI.

Markets

Market Wrap: Bitcoin Slips Below $48K as Focus Shifts to Regulation

Bitcoin is in pullback mode as China and the SEC have traders’ attention.

Bitcoin 24-hour price chart, CoinDesk 20

Markets

Bitcoin Rangebound, Holding Support Above $46K

The cryptocurrency is roughly flat over the last week.

Bitcoin four-hour price chart shows short-term support and resistance levels with RSI.

Markets

Market Wrap: Bitcoin Consolidates as Altcoin Season Heats Up

Bitcoin’s rally is taking a breather as altcoins outperform.

Bitcoin 24-hour chart, CoinDesk 20

Markets

Investors Add to Altcoin Funds as Bitcoin Outflows Mount

Digital-asset funds focused on Cardano and other altcoins have attracted fresh capital.

Chart shows total AUM and net new assets of crypto funds.

Source: CoinShares

Markets

Bitcoin Holding Support; Stuck Below $50K Resistance

Upside appears to be limited towards $50,000-$55,000, given signs of slowing momentum and strong overhead resistance.

Bitcoin four-hour price chart shows short-term support and resistance levels.

Markets

Market Wrap: Bitcoin and Stocks Rise on Dovish Fed

Bitcoin returns above $48,000 as risk rally continues.

Bitcoin 24-hour chart, CoinDesk 20