#BinanceAlphaAlert $BTC

Here's what's new in the Bitcoin market:

Current Market Situation

- *Bitcoin Price*: $96,357.12, with a 0.11% decrease (-$105.51) in the last 24 hours

- *Market Capitalization*: $1.89 trillion

- *Trading Volume*: $25.68 billion

Expert Analysis

- According to Alex Kuptsikevich, chief market analyst at FxPro, Bitcoin is in a bull market territory, with a confident exceeding of the 50- and 200-day moving averages. This could lead to an extension of market growth covering a wider range of altcoins.

- Piyush Walke, Derivatives Research Analyst at Delta Exchange, believes Bitcoin is in a consolidation phase but remains relatively stable, with a potential breakout above $96,000.

Future Outlook

- Bernstein predicts Bitcoin will peak at around $200,000 by 2025-end, with inevitable bear periods, and reach $500,000 by 2030 and $1 million by 2033-end.

- Analysts are watching key indicators like the True MVRV ratio, which has turned positive, signaling a potential shift in market dynamics and upward price movement ¹ ² ³.