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Damanick Dantes

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.

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Weekly price chart shows long-term channel resistance, with 50-week volume weighted moving average shown in the blue line. (It flattened around 2018, preceding a downtrend).
Markets
Bitcoin
Bitcoin, Around $51K, Nears Upper Bound of 3-Year Price Trend
Upward-sloping price channel starting in late 2017 on weekly chart shows near-term resistance around $60,000.
Weekly price chart shows long-term channel resistance, with 50-week volume weighted moving average shown in the blue line. (It flattened around 2018, preceding a downtrend).
By Damanick Dantes
Mar 8, 2021 at 5:37 p.m. UTC
Mar 8, 2021
BitcoinMarketsTechnical Analysis
Bubble
Markets
Inflation
Crypto Long & Short: No, Bitcoin Is Not in a Bubble
Commentators and analysts who say bitcoin is in a “bubble” show they don’t understand what the term means.
Bubble
By Noelle AchesonDamanick Dantes
Jan 17, 2021 at 10:01 p.m. UTC
Jan 17, 2021
InflationBitcoin BubbleCrypto Long & ShortNewslettersBitcoin Fundamentals
jack-sloop
Markets
Opinion
4 Charts Showing Why Bitcoin Is an Alternative Risk Asset
Who said "safe haven"? Bitcoin's unique performance and risk profile make it a different type of investment animal.
jack-sloop
By Damanick Dantes
Dec 2, 2020 at 7:36 p.m. UTC
Dec 2, 2020
Opinion
arturo-castaneyra-tPE60iK97qw-unsplash
Markets
Events
4 Charts Showing Why Financial Advisers Should Care About Bitcoin
From a hedge against inflation to its uncorrelated relationship with stocks, advisers have plenty of reasons to be interested in bitcoin.
arturo-castaneyra-tPE60iK97qw-unsplash
By Damanick Dantes
Nov 4, 2020 at 7:43 p.m. UTC
Nov 4, 2020
EventsOpinionBitcoin For Advisors