Recent Articles by Ryan Wilday

Nightly Crypto Report: Turning Higher

I now assume Bitcoin has formed a bottom of sorts.
by Ryan Wilday - 3 days ago

NOTE error on the CLSK spread.

All- I just noticed that I wrote puts on the cal spread this week. That was not the intent it was a call spread. If you are short the put, I'd cover it. Or you can wait for Monday and exercise the long side and it will be a scratch. Sorry that was a pretty bad screw up. Another solution is to roll it to $27 or $26 that express next week. Lastlly if you don't mind keeping the shares, you can sell a call at $28 or hold for the $30 target.
by Ryan Wilday - 4 weeks ago

Nightly Crypto Report: Can't Stop This Train

Bitcoin is pushing against the idea of a correction, again.
by Ryan Wilday - 1 month ago

Nightly Crypto Report: Holding Steady

Ether seems to have started its fourth, but will Bitcoin follow?
by Ryan Wilday - 2 months ago

Were The Bitcoin Spot ETFs A Big Flop?

The trading week that started on January 8 was a big week for Bitcoin. After years of applications being rejected by the SEC, and one important lawsuit that the SEC lost, no fewer than eleven spot Bitcoin ETFs were launched.
by Ryan Wilday - 3 months ago

Nightly Crypto Report: Accelerating

Bitcoin has solidly moved into my previous red count which is now black. And, the new red count is a more bullish alternative.
by Ryan Wilday - 4 months ago

Nightly Crypto Report: Slipping

Ether slipped and broke its immediate setup to go higher but may find support just below, while Bitcoin is hanging on for now.
by Ryan Wilday - 5 months ago

Bitcoin Has Started Its Push Toward $100K

Against a background of economic uncertainty, a hawkish Fed, and soft markets in bonds and equities, it seems to me that most pundits and macros-oriented analysts have been bearish on crypto. As a prolific consumer of crypto podcasts, I marveled at the number of hosts that recently called the crypto market a bear market. At least, up until last week.How many would say that equities were in a bear market if they spent most of their time 30–100% above the prior year’s close? Yet that is where Bitcoin has spent the latter half of 2023 to date. I guess crypto investors are too much accustomed to returns in multiples of three to ten.
by Ryan Wilday - 5 months ago

Nightly Crypto Report: Boring Is Good

Today was quiet but after such a strong move up, that is much better than rejection and support failing.
by Ryan Wilday - 6 months ago

Nightly Crypto Report: Winding Up

Bitcoin and Ether are pulling back within their bearish counts. As long as this rally is corrective it is viewed as a windup for the next drop.
by Ryan Wilday - 6 months ago

Nightly Crypto Report: Shaky Legs

After all the encouraging action on Friday and through the weekend, Bitcoin and Ether showed today how easily they can lose footing.
by Ryan Wilday - 6 months ago

Nightly Crypto Report: Finally Giving Up?

Ether saw more downward follow-through. I'm now watching to see if Bitcoin can give up on its short-term bullish perspective with one more wave down.
by Ryan Wilday - 7 months ago

Nightly Crypto Report: Off and On

Bitcoin got off track a bit by invalidating its 2nd wave-(v), but it is now back on track with reset top in wave-(iv).
by Ryan Wilday - 7 months ago

Nightly Crypto Report, August 29th, 2023

Fakeout or Breakout?Long-term Traders:Intermediate charts and write-ups are included on Sunday's reports. Housekeeping:NAMicro:GeneralAfter news that Grayscale won its lawsuit against the SEC crypto in general blasted off, taking Bitcoin and Ether through resistance. But we don't have five waves yet. So, is this a news-driven trap, or the catalyst for a third wave? It depends on what is next. There is something about the structure I need to warn about.  Ideally, we are starting a big move higher. However, if recent lows are taken out the structure has changed and the targets I was looking for ($24,200 BTC and $1470 ETH) are not likely to hold.
by Ryan Wilday - 7 months ago

Nightly Crypto Report: Return of Weakness

Overnight Bitcoin and Ether failed to keep to an impulsive structure giving further confirmation that another low is likely.
by Ryan Wilday - 8 months ago

Ethereum is Set Up to Outrun Bitcoin

With this article, I wanted to follow Jason’s article, "Where’s Bitcoin Going in the Second Half of 2023?"
by Ryan Wilday - 8 months ago

Nightly Crypto Report: Beginning of the Correction's End?

Bitcoin and Ether fell through the floors formed over the last few days -- hopefully, the start of completion to this never-ending correction.
by Ryan Wilday - 8 months ago

Nightly Crypto Report: Friday Flat Tire

I do see a decent chance that we can see a third wave of C in Bitcoin and Ether this weekend.
by Ryan Wilday - 8 months ago

Nightly Crypto Report: Slowly Then Suddenly

Overnight the Bitcoin and Ether charts gave us the third of the C wave, suddenly putting them closer to the bottom.
by Ryan Wilday - 9 months ago

Nightly Crypto Report: A Ripe Fourth Wave

Bitcoin and Ether may have given us ANOTHER B wave top in evolving fourth wave that is now quite ripe.
by Ryan Wilday - 9 months ago

Nightly Crypto Report: Brighter Days Ahead?

I see the potential that Bitcoin has bottomed, so my focus in this report is navigating that potential.
by Ryan Wilday - 10 months ago

Nightly Crypto Report: Trying Again

Crypto is reaching for its lower targets AGAIN. Pardon my doubts but I have to wonder if they will follow through.
by Ryan Wilday - 11 months ago

Nightly Crypto Report: CPI Pop N' Drop

CPI helped gave us an intraday rally, then drop, helping speed up progress in this ongoing correction.
by Ryan Wilday - 11 months ago

Three Altcoins To Consider For 2023

Before we dive into a few choice altcoins, understand these risks.
by Ryan Wilday - 11 months ago

Nightly Crypto Report: Peeking Over the Pivot

Bitcoin peeked over its pivot and since it is consolidating tightly over it, I assume we'll see it gain more clearance from the pivot in the week ahead.
by Ryan Wilday - 1 year ago

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