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

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Markets

First Mover Asia: Interest Rate Hikes in the Future? Crypto Rally Shorts Out

Bitcoin drops below $37,000 after soaring to nearly $39,000 following remarks by Federal Reserve Chairman Jerome Powell.

CoinDesk placeholder image

Markets

Market Wrap: Bitcoin Rally Fades After Fed Signals Upcoming Rate Hike

Bitcoin was roughly flat over the past 24 hours amid choppy trading conditions.

Bitcoin 24-hour price chart (CoinDesk)

Markets

Bitcoin Oversold Bounce Faces Resistance at $40K-$43K

Long-term momentum remains very weak and BTC is at a critical point.

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

Markets

First Mover Asia: Bitcoin Nears $37K Amid Lighter Trading

Ether was roughly flat, while other major altcoins were mixed.

(Miguel Villagran/Getty Images)

Markets

Market Wrap: Bitcoin Little Changed as Analysts Remain Skeptical

Trading volume is increasing ahead of Wednesday's Federal Reserve press conference.

Bitcoin 24 hour price chart (CoinDesk)

Markets

Bitcoin Rises Above $37K; Resistance at $40K-$43K

A decisive break above $40K is needed to pause the downtrend from November.

Bitcoin's four-hour price chart shows nearby resistance and RSI on bottom. (Damanick Dantes/CoinDesk, TradingView)

Markets

Bitcoin's Correction Continues for Now, but Eventually It Could Go 'Parabolic,' Says Peter Brandt

Selling pressure is not over yet, although a confirmed shakeout could give way to new highs, according to the chartist.

Bitcoin price chart with volume (Peter Brandt)

Markets

First Mover Asia: Bitcoin Stabilizes Above $36K as Investors Await Next Fed Meeting

Bitcoin's spike coincided with gains in U.S. equity markets, but the correlation between the two remains unclear.

Bull And Bear Market Trend Bronze Castings

Markets

Market Wrap: Bitcoin Stabilizes as Altcoins Underperform

Bitcoin was up was up 3% over the past 24 hours, versus a 5% decline in SOL and roughly flat performance in ETH .

Bitcoin's 24-hour price chart (CoinDesk)

Markets

Bitcoin Short-Term Bounce Faces Resistance at $40K

Extreme oversold readings preceded an uptick in BTC.

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