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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Bitcoin 24-hour price chart (CoinDesk)
Market Wrap: Bitcoin and Stocks Drop; Analysts See Risk of Further Downside
Bitcoin could approach lower support at $25K-$27K with greater price volatility.
Bitcoin 24-hour price chart (CoinDesk)
Alts took the lead on Thursday. (Elena Rabkina/Unsplash)
Market Wrap: Cryptos Rise With Altcoins in the Lead
BTC was roughly flat over the past 24 hours, compared with a 10% rise in HNT and LINK.
Alts took the lead on Thursday. (Elena Rabkina/Unsplash)
Seoul, South Korea. (Ciaran O'Brien/Unsplash)
First Mover Asia: Crypto’s Institutional Future May Be Incompatible With Litecoin’s Privacy Protecting Features; Bitcoin Falls
Major South Korean exchanges are delisting the token after privacy upgrades involving the MimbleWimble protocol designed to make transactions confidential and virtually untraceable.
Seoul, South Korea. (Ciaran O'Brien/Unsplash)
Street arrows (Getty)
First Mover Asia: For the Metaverse to Be a $13T Opportunity, Much Has to Change; Bitcoin Rises Late Past $31K
A Citi report makes a bold prediction, but major metaverse platforms are struggling to attract committed users; altcoins are mixed.
Street arrows (Getty)
Investors bottom fishing  (Robson Hatsukami Morgan, Unsplash)
Market Wrap: Bitcoin Close to $30K as Investors Search for a Bottom
BTC is down by 34% so far this year and is approaching the middle or late stage of a bear market, according to some indicators.
Investors bottom fishing  (Robson Hatsukami Morgan, Unsplash)
Gráfico diario de bitcoin que muestra el soporte/resistencia. (Damanick Dantes/CoinDesk, TradingView)
Bitcoin se ubica inestablemente en $30.000, con soporte entre $25.000 y $27.000
Los rebotes de precios fueron de corta duración, lo que indica una pérdida de fuerza en la compra.
Gráfico diario de bitcoin que muestra el soporte/resistencia. (Damanick Dantes/CoinDesk, TradingView)
Bitcoin daily chart shows support/resistance (Damanick Dantes/CoinDesk, TradingView)
Bitcoin Choppy Around $30K, Support at $25K-$27K
Price bounces have been short-lived, indicating a loss of buying strength.
Bitcoin daily chart shows support/resistance (Damanick Dantes/CoinDesk, TradingView)
Hong Kong's Exchange Square, home of the Hong Kong Exchange (See-ming Lee/Flickr)
First Mover Asia: When It Comes to Crypto, Hong Kong Isn’t the World’s ‘Freest Economy’; Bitcoin Has a Late Fall Below $30K
A memo by the city’s securities and futures regulator reminds investors of the risks of NFTs; altcoins surge and then drop.
Hong Kong's Exchange Square, home of the Hong Kong Exchange (See-ming Lee/Flickr)
Bitcoin 24-hour chart (CoinDesk)
Market Wrap: Cryptos Climb Amid Lower Volatility; Sentiment Improves
So far, BTC has avoided significant price drops. But option traders are protecting against the downside.
Bitcoin 24-hour chart (CoinDesk)
Bitcoin daily price chart shows support/resistance with RSI on bottom (Damanick Dantes/CoinDesk, TradingView)
Bitcoin Bounces Above $27K-$30K Support Zone; Resistance at $33K-$35K
BTC's current price range remains intact after several weeks of negative returns.
Bitcoin daily price chart shows support/resistance with RSI on bottom (Damanick Dantes/CoinDesk, TradingView)