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

Bitcoin Downtrend Stabilizes, Resistance at $40K-$43K

Expect choppy price action within the current trading range.

Bitcoin's daily price chart shows support/resistance with RSI on the bottom. (Damanick Dantes/CoinDesk, TradingView)

Markets

First Mover Asia: Bitcoin Minnows Are Resilient as Long-Term Whales Capitulate to Pressure

How long these smaller-scale investors remain committed to their crypto assets will be an interesting trend to observe; bitcoin and ether drop.

Silver Freshwater Minnows (*adrisbow* (Adriana Lopetrone)/Getty Images)

Markets

Market Wrap: Bitcoin Traders Take Some Profits Ahead of Fed Meeting, Expect Higher Volatility

BTC is roughly flat over the past week, although some option traders have hedged against further price declines.

(Jacob Townsend/Unsplash)

Markets

Bitcoin Stalls Below $40K Resistance, Support at $30K-$32K

BTC is at risk of a breakdown as price momentum slows.

Bitcoin gráfico diario muestra soporte/resistencia RSI (Damanick Dantes/CoinDesk, TradingView)

Markets

First Mover Asia: Why the Metaverse Is a Potemkin Village

Despite breathless headlines about a digital land rush, metaverse platforms are struggling to attract brands and users; bitcoin ticks up slightly.

(Andriy Onufriyenko/Getty Images)

Markets

Market Wrap: Cryptos and Stocks Mixed; Bitcoin Outperforms Altcoins

Choppy trading in stocks and cryptos reflects uncertainty among global investors.

Volatility ahead (Matt Hardy/Unsplash)

Markets

Bitcoin Downtrend Intact; Support at $37K

A decisive breakout or breakdown could occur this month.

Bitcoin daily price chart shows support/resistance. (Damanick Dantes/CoinDesk, TradingView)

Markets

First Mover Asia: Singapore’s Distaste for Retail Crypto Spooks Institutional Money

Three Arrows Capital's decision last week to move its headquarters to Dubai reflects growing concerns about the city-state's increasing regulatory scrutiny of crypto; bitcoin returns to where it started the weekend.

Singapore skyline (Unsplash)

Markets

Market Wrap: Cryptos and Stocks Dip Ahead of Seasonally Strong May

BTC is lagging equities and gold so far this year, although returns are typically positive in May.

Investors look toward May (Maddi Bazzocco, Unsplash)

Markets

Bitcoin Momentum Weakens; Support at $35K-$37K

BTC's trading range could persist into the following week.

El gráfico semanal de bitcoin muestra el soporte/resistencia (Damanick Dantes/CoinDesk, TradingView)