Commodity Market Elliott Wave Analysis for Bitcoin ETH/USD, TLT Bonds, US 10 Yr. Yields, USD/ DXY, Gold, Silver, Copper, Uranium, Crude Oil, Natural Gas 

Commodity Market Elliott Wave Update: Bitcoin Wave v) of 1 of (5). Ether Wave v) of 1 of (5) I have aligned Bitcoin in line with the Nasdaq as a possible wave count option.
US Dollar DXY, for a bear count a move below 104 is required, the Bonds and yields suggest this to be the case, but I will wait for the evidence. Gold and silver are in or completed their wave fours, holding long is the position. Base metals are a mixed bag, and each one needs to be taken on their own merit, once the DXY has a confirmed trend this could help drive a commodity trend rebalancing price.

Bitcoin (BTC) and ETH/USD:
- Bitcoin: Currently tracking Wave v) of 1 of (5).
- Ether: Currently in Wave v) of 1 of (5).
- Bitcoin's wave count is aligned with the Nasdaq as a possible scenario.

US Dollar (DXY): 
- A bearish count requires a move below 104.
- Bonds and yields suggest this bearish scenario, but confirmation is needed.

Gold and Silver:
- Both are in or have completed their Wave 4.
- Holding long positions is recommended.

Base Metals: 
- Show mixed trends and should be evaluated individually.
- A confirmed trend in DXY could influence commodity price rebalancing.

Video Chapters
00:00 Bitcoin (BTC)  Ether ETH/USD 
11:09 US Dollar Index, DXY / TLT Bonds. US Gov Bonds 10 Yr Yields
17:56 Precious Metals: Spot Gold XAU /GDX ETF / US Spot Silver XAG 
23:46 Base Metals:Lithium, PLL, Uranium URA ETF / Copper / Nickel 
28:14 Energy:Crude Oil WTI OIL / Natural Gas NG 
30:51 End

Analyst Peter Mathers TradingLounge

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