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Damanick Dantes

Latest from Damanick Dantes
Bitcoin Rallies Towards $60K Resistance, Short-Term Support Seen at $56K
Bitcoin's rally reignited the short-term trend and will now test resistance around $60K as it eyes all-time-highs.

Bitcoin Volatility Index 'BitVol' Makes First Trade
The BitVol index level puts the cryptocurrency's annualized volatility at 100%.

Morgan Stanley Sees Cryptocurrencies on Path to Investable Asset Class
The Wall Street firm sees signs of maturation especially given its resiliency since the height of the pandemic.

Bitcoin Stalls at $57K Resistance, Lower Support Around $53K
“Short-term momentum remains positive, but far less so than in February,” writes one analyst.

Bitcoin Could Hit $115K by August, Pantera's Morehead Writes
Bitcoin could be set for a price rally north of $100,000 this summer under Pantera's model.

This Blockchain Indicator Might Show Bitcoin Rally Has Legs
Historically, the periods the MVRV ratio has dropped below 1.0 have been some of the best times to invest in BTC, according to Coin Metrics.

Long-Term Bitcoin HODLers Still Accumulating, Suggests Conviction
The active supply of bitcoin held for shorter periods of time keeps shrinking, according to Arcane Research.

Bitcoin Holds Short-Term Support at $54K, Resistance Seen at $58K: Technical Analysis
Bitcoin is oversold and at trend support on intraday charts, but still faces heavy resistance around $58,000.

Cryptocurrency Fund Flows On Track for Record Quarter
Digital asset investment products closed on Friday with a record $55.8 billion assets under management.

Nobody Saw Inflation Coming in the 1960s, but It Could Be Back: Economist
Very few of today's bond portfolio managers and traders can remember the last inflation shock, but that does not make a new shock less likely.
