A technical analyst has highlighted that Bitcoin is approaching “the point where historically the most aggressive part of the crypto bull cycle begins,” forecasting a Bitcoin price rise to $300,000.
The Bitcoin price will gain another 150% during the current bull market cycle, according to Laurent Benayoun, the CEO of Acheron Trading and crypto quantitative trading strategies expert.
A trader known for several accurate crypto market calls says that Bitcoin could soar beyond $160,000 per BTC this bull cycle if its current market structure holds up before May and continues to soar.
Arthur Hayes, the co-founder of BitMEX, has made a bold prediction regarding Bitcoin’s future price trajectory, suggesting that the that Bitcoin price will hit $1 million during this ongoing bull..