Bitcoin (BTC) is currently experiencing notable price movements, with discussions around its potential local bottom and bullish trends. Analysts have observed a classic falling wedge breakout in the BTC/USDT trading pair, suggesting a possible continuation of upward momentum. Michael Saylor, co-founder of MicroStrategy, recently stated at CPAC that Bitcoin is valued at $2 trillion today and could reach $200 trillion in the next 20 years. Saylor's bullish outlook on Bitcoin is echoed by various market participants, with some predicting a price increase from $96,000 to $110,000 as inevitable. The cryptocurrency has seen significant growth since Saylor's earlier prediction that it would surpass the market capitalizations of major companies like Apple, Amazon, and Facebook, when Bitcoin was valued at less than $20,000 four years ago.