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Damanick Dantes
Latest from Damanick Dantes
Market Wrap: Bitcoin Above $42K; Analysts See Rebound Ahead
Historically, bitcoin has produced positive returns in the fourth quarter.
Market Wrap: Analysts Expect Higher Bitcoin Trading Volume in October
Unlike with the S&P 500, bitcoin’s correlation with commodities has continued to decline over the past few months, mostly due to the steady rise in oil and gas prices.
Bitcoin Consolidates Above $40K Support, Resistance at $45K
Indicators show a period of consolidation could persist given strong resistance above $45K.
Market Wrap: Traders Seek Protection as Crypto and Stocks Dip on US Debt Ceiling Impasse
Bitcoin and other cryptocurrencies were lower on the threat of yet another federal government shutdown.
Bitcoin Declines From Resistance, Approaches $40K Support
The intermediate-term trend is weakening, although support at $40K could stabilize the pullback.
Market Wrap: Bitcoin Traders Cautious After China Crypto Ban, DeFi Outperforms
Some traders are piling into DeFi tokens in the wake of the ban.
Bitcoin Above $42K Support, Resistance at $46K-$48K
Buyers could remain active at support level as the sell-off stabilizes.
Market Wrap: Bitcoin Stabilizes After China Crypto Ban Sell-Off; Volatility to Remain Elevated
Cryptocurrency trading has calmed, but analysts expect further volatility.
Bitcoin Trending Lower on China Crackdown, Support at $36K-$40K
BTC registered a series of lower price highs this month as buyers take profits.
Market Wrap: Bitcoin Rises Even as Indicator Shows Extreme Bearish Sentiment
Some traders buy on the dip as BTC appears oversold; altcoins outperform.
