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

Lo último de Damanick Dantes


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Market Wrap: Bitcoin Declines as Fed Projects Interest Rate Rise in 2023

The U.S. central bank also increased estimates of coming inflation to 3% from the 2.2% projection in March, largely due to transitory factors.

Bitcoin 24-hour price chart

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Bitcoin Upside Fades, Lower Support at $34K

BTC faces slowing momentum as buyers struggle at resistance.

Bitcoin hourly chart

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Market Wrap: Attempts to Push Bitcoin Above $40K Stall

Some analysts are optimistic while others prefer to see stronger signs of upside momentum before calling a bottom.

Bitcoin 24-hour price chart

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Bitcoin Stalls at Resistance; Lower Support at $36K

However, the short-term trend is improving as the daily chart advances from oversold levels.

Bitcoin four-hour chart

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Market Wrap: Bitcoin Sustains 'Musk Jump' as Crypto Sentiment Improves

Bitcoin tests $40K following positive comments from Tesla's CEO Elon Musk and hedge fund manager Paul Tudor Jones.

Bitcoin 24-hour price chart

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Bitcoin Fund Outflows Slow but Investors Start Exiting Ether Funds

The amount of money leaving was significantly less than the previous, record week of $141 million.

Outflows continue from digital-asset investment funds, but they appear to be slowing.

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Bitcoin Attempts Range Breakout, Faces Resistance at $42K

Bitcoin is attempting to break out of a monthslong range but faces resistance at $40K-$42K.

Bitcoin four-hour chart

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Bitcoin Holds Short-Term Support, Faces Resistance at $40K

BTC held minor support along a series of lower price highs. Upside appears limited going into the weekend.

Bitcoin daily chart

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'FOMO' Traders Rotate From Bitcoin to Meme Stocks

Meme stocks are rising as BTC stabilizes after a volatile May.

Wendy's has become the latest hot meme stock.

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US Consumer Prices Rise Faster Than Expected in May

The Consumer Price Index is important to bitcoin investors who are watching for signs of inflation.