The yield curve, calculated as the difference between 10-year and 2-year treasury yield, is a great indicator to watch to figure out Bitcoin's direction. When the yield curve steepens, it means economic growth and inflation and when it flattens, it means the reverse. Inflation was not a concern until last year after central banks across the world coordinated the biggest monterary policy response during the COVID-19 pandemic. Because of its inflation-protection properties, Bitcoin has been trading with high correlation to the yield curve since then. Sometimes that yield curve leads Bitcoin by at least a couple hours so it's worth looking at. The yield curve seems to have finish a triangle and is about to exit any time, it's a 50-50 in either direction. What's important is to react accordingly on breakout as it will guide the future direction for the next couple weeks.