Market Movements Decoded: Elliott Wave Analysis For Bitcoin, USD, And Commodity Yields In 2024
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Elliott Wave Analysis Update for Commodity Markets: Bitcoin appears to be nearing the end of its bullish correction, potentially rising further following the 2014 Bitcoin halving. Gold, silver, and GDX are currently experiencing a fourth wave; once this completes, another upward trend is anticipated. Similarly, Copper and Uranium are in their fourth waves. The USD DXY and US 10-year yields are expected to maintain their upward trajectory, which could also drive an increase in Crude oil prices.
Video Length: 00:33:16
Video Chapters
00:00 Bitcoin (BTC) ETHUSD GBTC
07:39 US Dollar Index, DXY / TLT Bonds. US Gov Bonds 10 Yr Yields
13:49 Precious Metals: Spot Gold XAU /GDX ETF / US Spot Silver XAG
17:20 Base Metals:Nickel, Uranium URA ETF / Copper
24:44 Energy: Crude Oil WTI OIL / Natural Gas NG
33:16 End
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