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 Rangebound Near Support; Resistance at $40K-$43K

Sideways trading between $35K-$40K could persist this week as long-term momentum fades.

Bitcoin four-hour chart shows support/resistance, with RSI on bottom. (Damanick Dantes/CoinDesk, TradingView)

Markets

First Mover Asia: Crypto Finishes Bad Month on High Note

Prices for bitcoin, ether and most major altcoins rise after a month of steep price declines.

CoinDesk placeholder image

Markets

Market Wrap: Bitcoin Rises Above $38K Ahead of Seasonally Strong February

Historically, bitcoin produces positive returns in February. But risks remain.

(Frank Busch/Unsplash)

Markets

Bitcoin Holding Support Above $37K; Resistance at $40K-$45K

BTC's January sell-off could attract short-term buyers.

Bitcoin's four-hour price chart shows support/resistance levels. (Damanick Dantes, CoinDesk)

Markets

First Mover Asia: Bitcoin Barely Budges in Weekend Trading

Crypto trading was light and could remain so in Asian markets as many investors celebrate the Lunar New Year holiday week.

Bitcoin's price stayed roughly flat over the weekend.  (Mike Aguilera/SeaWorld San Diego via Getty Images)

Markets

Market Wrap: Bitcoin Stalls Below $40K, Analysts Point to Risks in DeFi

Some observers are concerned about a "crypto winter."

Rising risk makes investors more cautious (Shutterstock)

Markets

Bitcoin Holds Support Above $35K; Resistance Near $40K

BTC is stabilizing between $30K and $40K as oversold conditions remain intact.

Bitcoin weekly price chart shows support/resistance, with RSI on bottom. (Damanick Dantes/CoinDesk, TradingView)

Markets

First Mover Asia: Bearish Crypto Sentiment Continues as Dollar Strengthens

Bitcoin was up slightly, but ether and most other major altcoins fell as investors continued to digest the Federal Reserve's hawkish comments from Wednesday.

Black Bear (Photo by Galen Rowell/Corbis via Getty Images)

Markets

Market Wrap: Bitcoin Rangebound Ahead of Option Expiry; Expect Higher Volatility

Sentiment in the bitcoin options market is mixed, although some traders are seeking downside protection.

Traders are starting to position themselves ahead of the bitcoin options expiry on Friday. (Wim van 't Einde/Unsplash)

Markets

Bitcoin Stuck Below $40K Resistance; Support at $33K

Upside remains limited given the intermediate-term downtrend.

Bitcoin's four-hour price chart shows resistance levels. (Damanick Dantes/CoinDesk, TradingView)