Nightly Crypto Report: Turning Higher


I now assume that Bitcoin has bottomed, and the red count is now fused into black. However, there is much that is murky about local action in Bitcoin. So I am going to watch for the blue B wave. I do not have a target for blue B. It's a B wave. However, as Bitcoin climbs and gets clears more distance from its base, I will add a pivot between the continued upward climb and a B wave top. 


Ether should top in this region in either black circle-4 or red-(A). If Ether is going to hold the red count, red-()) should hold $2950. 


ETHBTC needs five waves through 0.052 before a reversal will have my attention. Until then, I am watching 0.042 for the next chance of reversal.

Ryan Wilday hosts the Crypto Waves service on