Recent Articles by Ryan Wilday

What's Next For Bitcoin?

Intermediate- to long-term, if Bitcoin can now hold a wave 2, we can see a push to $34K, but if that wave 2 does not hold, we should consider the 2020 rally complete barring unforeseen.
by Ryan Wilday - 3 weeks ago

Nightly Crypto Report: Bitcoin and GBTC Go Alone

As I look across the crypto market over the short term, I see fresh bearish-after-bearish setup.
by Ryan Wilday - 1 month ago

2020 Rally Complete in Bitcoin & Ether?

Since the March 2020 breakdown, my leaning has been that our large coins are unlikely to achieve escape from the bear market that started with the 2017 top in Bitcoin -- and now I suggest we’ve seen the 2020 rally complete.
by Ryan Wilday - 1 month ago

Nightly Crypto Report: Bears Take Over the House

With five waves down in GBTC and Bitcoin, the bear scenarios have taken hold until we break back over $12.34 GBTC, and $11,190 BTC.
by Ryan Wilday - 2 months ago

Ether Bottom Looks Complete

Ethereum is over resistance for wave 4, with its bottom ideally complete, while Bitcoin should be in circle-c of 4 with new low targets of $9600 to $9200 if doesn't get over $10,640 first.
by Ryan Wilday - 2 months ago

Big Picture View of Bitcoin, Ether & GBTC

Here are intermediate-term views on Bitcoin, Ethererum and GBTC.  For short-term guidance, please login to our Cryptocurrency service and view our Nightly Report as well as intraday room posts.
by Ryan Wilday - 2 months ago

Nightly Crypto Report: Finally Caught Fire

We finally caught fire after many days of patience and boredom, with Ether pushing through resistance today and Bitcoin starting to catch up.
by Ryan Wilday - 3 months ago

Nightly Crypto Report: Caution On Ether

We saw a strong push higher in Bitcoin and Ethereum, but both coins did not finish 5 waves off recent nano lows before coming down strong.
by Ryan Wilday - 3 months ago

Nightly Crypto Report: Are We Frustrated Yet?

Just as high volatility begets low volatility in markets, this works in reverse -- so keep one eye on Bitcoin, which will move in due time.
by Ryan Wilday - 4 months ago

Nightly Crypto Report: Bear Rally or More?

We hit support, bounced, and now look to be heading higher in wave C in Bitcoin and Ether.
by Ryan Wilday - 5 months ago

A Flush Does a Crypto Right

I remain looking up on Bitcoin and Ether with caveats listed here within.
by Ryan Wilday - 6 months ago

Local Top In Bitcoin?

Last night we finally saw the action commensurate with a local top. The question on my mind is whether we see one more wave higher, or start to barrel lower for many weeks.
by Ryan Wilday - 6 months ago

Nightly Crypto Report: Inklings of Breakout

Nice action today as both Bitcoin and Ethereum pushed over recent highs. That said, we have 'bifurcation of clarity' between our two big coins.
by Ryan Wilday - 7 months ago

Nightly Crypto Report: No Need To Rush In

Cryptos continue to chop in a small rally that we expect to precede our next drop.
by Ryan Wilday - 7 months ago

Forecasting Cryptos After The Crash

On March 12, we saw a broad Crypto crash. Here's where we see Bitcoin, Ethereum and GBTC now headed intermediate-term.
by Ryan Wilday - 7 months ago

BTC Intermediate Scenarios - Market Analysis for Mar 19th, 2020

On March 12, we saw a broad Crypto crash. Not only did Bitcoin breach $7125, support for the potential wave 1 and 2 off the December 2019 low, but breached $4300, key support for the 2019 wave 1 and 2 of higher degree.
by Ryan Wilday - 8 months ago

Bottom In For Bitcoin?

Bitcoin broke over resistance, so I favor a bottom being in. However, we still need to see it bounce between support and resistance until it fills in five waves in order to set up the next big break out over $10,500.
by Ryan Wilday - 8 months ago

Nightly Crypto Report: B-B-B Breakdown!

Here is our analysis on Bitcoin, Ether, GBTC and ETHBTC for short-term traders.
by Ryan Wilday - 9 months ago

Short-term View on Bitcoin, Ether, GBTC and ETHBTC

Right now, I only have a setup to get us to $10,200 in Bitcoin, and it may be in progress as we speak.
by Ryan Wilday - 9 months ago

What Got Into GBTC?

An understanding of Elliott Wave theory explains why I wanted to see GBTC top and get a deep pullback before it hits $10.45.
by Ryan Wilday - 10 months ago

Looking for One More Push

For long-term traders, we have the first strong signs this bottom WILL hold. But, long-term traders may want to wait for the diagonals shown on the ETH and BTC charts to fill out.
by Ryan Wilday - 10 months ago

Nightly Crypto Report: Testing C Wave Resistance

If GBTC gets through today's premarket high at $8.83, I'll at least need to be short-term bullish. But the overall price action is quite messy.
by Ryan Wilday - 11 months ago

Nightly Crypto Report: Trying To Break Upward

The same indicator that told me yesterday would fail is showing the opposite today. But more than that, we starting to see shallow consolidations up against key resistance levels. This is a market trying to break upward.
by Ryan Wilday - 11 months ago

Nightly Crypto Report: The Cookie Crumbled

The bottom line is the long term is fine until the key levels mentioned above in Bitcoin, GBTC and Ether are taken out. But now that local support is taken out, you have to ask if you also want to suffer a stop out there as well.
by Ryan Wilday - 1 year ago

Nightly Crypto Report: Bitcoin Only 3 Waves Up Off Low

Bitcoin is more convincing than Ethereum here, because it dropped to a new low in our wave two correction. However, it truncated in this last leg lower, so I have a hard time believing this rally.
by Ryan Wilday - 1 year ago