The analysis focuses on Bitcoin's price action and upcoming economic news, specifically the Core PCE Price Index. There's an observed bearish momentum with positions being closed off. The analyst prefers a dump into the news rather than a pump. Key levels to watch are the 30-day Rolling VWAP at 115600. The analyst believes is more likely the price to remain relatively stable here above 110000 and from there get a move up to 115000 provided as expect result of 2.9 from Core PCE Price Index (2.9 is already priced in). Key support level lays on the price of 110000.The expected timeframe is within the following days.