Recent Articles by Ryan Wilday

Bitcoin: The Last Opportunity of 2025

I used my last article to warn you about a coming bear market in Bitcoin. I took up my keyboard because I noticed the crypto market sentiment regarding the Trump presidency was reaching new levels of silliness. In essence, many talking heads in the space used Trump’s positive stance on crypto to suggest that the bull cycle was just beginning. Yet Bitcoin has already made a 400% run in price over two years. I don’t mean to be unappreciative regarding Trump’s pro-Bitcoin stance. His has abolished an enforcement regime against the industry that was not based in the rule of law.
by Ryan Wilday - 2 weeks ago

Nightly Crypto Report: In the Opportunity Zone

Bitcoin is in the zone where it can find a bottom.
by Ryan Wilday - 1 month ago

Bitcoin: Shut Off The Narrative, You Might Miss The Top

Bitcoin: Shut Off The Narrative, You Might Miss The TopAs published on Seeking AlphaCatching UpIt has been more than four months since I have been able to write an article. What started as a fun and busy late summer traveling precipitated into a challenging late 2024 working through a health scare with one of my family members. In the meantime, Bitcoin (BTC-USD) jumped out of its summer doldrums, after a brief breach of my key $50,600, into an unstoppable march toward my long-term target zone.I did have time to visit Rena Sherbill at the Seeking Alpha Podcast to discuss my concerns that Bitcoin breached $50,600. In that conversation, I was giving Bitcoin a chance since the breach was brief, lasting roughly 15 minutes.
by Ryan Wilday - 2 months ago

Bitcoin: Shut Off The Narrative, You Might Miss The Top

As published on Seeking AlphaCatching UpIt has been more than four months since I have been able to write an article. What started as a fun and busy late summer traveling precipitated into a challenging late 2024 working through a health scare with one of my family members. In the meantime, Bitcoin (BTC-USD) jumped out of its summer doldrums, after a brief breach of my key $50,600, into an unstoppable march toward my long-term target zone.I did have time to visit Rena Sherbill at the Seeking Alpha Podcast to discuss my concerns that Bitcoin breached $50,600. In that conversation, I was giving Bitcoin a chance since the breach was brief, lasting roughly 15 minutes.
by Ryan Wilday - 2 months ago

Nightly Crypto Report: Finally Some Structure

Finally, Bitcoin corrects enough to help give the chart some microstructure to ground micro expectations.
by Ryan Wilday - 4 months ago

Nightly Crypto Report: Pressing On

Bitcoin continues to push upward in the red count.
by Ryan Wilday - 5 months ago

Nightly Crypto Report: Filled In

Bitcoin has filled in what I wanted to see in order to complete circle-B. Now we see what it is made of.
by Ryan Wilday - 6 months ago

Nightly Crypto Report: Patience Counts

Patience is a virtue as Bitcoin continues to work through wave two.
by Ryan Wilday - 8 months ago

Bitcoin Is In The Buy Zone

Bitcoin has gone sideways for four months, causing many to wonder if the bull market is over. While no one can predict the future, so far this action is a run-of-the-mill bullish consolidation that provides the launch pad for Bitcoin’s next move higher.
by Ryan Wilday - 8 months ago

Nightly Crypto Report: Good Time to Retrace

I am watching for a wave four pullback in both Bitcoin and Ether. If they hold, that would give us further support for the bottom being in.
by Ryan Wilday - 8 months ago

Nightly Crypto Reports, July 15th, 2024

Leaning HigherLong Term:Intermediate views are included.Housekeeping:I am on vacation from July 20-23 so there will be no webinar on the 20th. However, I will initiate a special webinar, or offline video if action demands it.Micro:GeneralNote that I am starting to lean toward the bottom being in. However, 'leaning', 'primary view', and 'alternate view', are all useless words for forming a strategy. The question is whether the risk to reward is in one's favor. With the way I bought in small in the recent lows, I can wait for five waves, and a wave two before I position more aggressively. My leaning can be wrong, and the market has proved nothing yet.
by Ryan Wilday - 8 months ago

Nightly Crypto Report: Decision Forthcoming

If Bitcoin is going to hold $62,745 it should reverse this weekend.
by Ryan Wilday - 9 months ago

Nightly Crypto Report: Precarious

Ether is leading the downward movement, while Bitcoin hovers in a tight range, yet very precariously over support levels.
by Ryan Wilday - 10 months ago

Ethereum Can't Seem To Catch Bitcoin

[Article posted on SA on May 7th, 2024]The bull market in Bitcoin rages on, and I have no reason to move away from my target of $125K. Bitcoin also held the more aggressive bullish support level of $36K discussed in the article I wrote in January after spot ETFs began trading on US exchanges.This more bullish count, which I called the red count in the article, showed the next target as $66K, which was also an attack on the previous all-time highs made in 2021. That level was struck in early March, but Bitcoin stretched a bit further to $73K before starting the flat correction it is now working through.
by Ryan Wilday - 10 months ago

Nightly Crypto Report: Decision Starts Now

Bitcoin and Ether are in their first test off the recent lows. The decision as to whether we need another low or not starts now.
by Ryan Wilday - 10 months ago

Nightly Crypto Report: Turning Higher

I now assume Bitcoin has formed a bottom of sorts.
by Ryan Wilday - 11 months 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 - 1 year ago

Nightly Crypto Report: Can't Stop This Train

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

Nightly Crypto Report: Holding Steady

Ether seems to have started its fourth, but will Bitcoin follow?
by Ryan Wilday - 1 year 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 - 1 year 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 - 1 year 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 - 1 year 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 - 1 year 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 - 1 year 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 - 1 year ago

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