The analysis focuses on US Government 2 year yields and the US Dollar index (DXY) as leading indicators for Bitcoin's price action. Currently, policy rates at 4.3% exceeding the 2 year yield trading range throughout the year indicating the expectation of rate cuts within 6 to 12 months. The 2-year yield experienced an intra-day drop, signaling rate cuts for the next meeting. Manufacturing data, specifically ISM Manufacturing has missed expectations indicating labor market is slowing. DXY is currently around 99 a trend to continue marching lower and target 103.9 over the long term. Bitcoin gave up on 115000 level, consolidating between 105000 and 115000 zone the trend to be observed at 108000 a point.