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

Fed 'Not Yet Ready to Blink' on Inflation, Pantheon Says

Bitcoin traders may be out of luck if they're expecting the Fed to further ease monetary policy as bond yields rise.

Federal Reserve Chair Jerome Powell

Markets

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).

Markets

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

Markets

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

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Markets

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