**A technical analyst has highlighted that bitcoin is approaching “the point where historically the most aggressive part of the bull cycle begins,” forecasting a potential rise to $ 300,000 for the cryptocurrency. “Unrealistic or not, that gives us a $ 300,000 projection and is undeniably technical as those are the exact high-to-low measurements at the time it touched the MM [Mayer Multiple] Mean,” the analyst described.**

-Bitcoin.com

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