The analyst evaluates Bitcoin's current price action, noting its attempt to break through resistance between $112,000 and $113,000. He identifies a shallow uptrend over the past week, breaking above a bearish action line. While Bitcoin is setting higher highs and lows, a broken uptrend support line over the last 48 hours introduces caution. Bearish RSI divergence contributed to a price drop from $113,000 to $110,800. He points out that the volatility is decreasing and expects a potential breakout in the next days to one week. He gives the next federal funds meeting and future actions as an underlying economic analysis. He believes that Gold will pullback as investors allocate towards undervalued Bitcoin to $135000 in the next weeks, after the current Gold's overbought breakout. If BTCUSD price reaches $110000 the long trade setups are not correct.