Bitcoin reached $260 during the Cyprus crisis. When that was resolved, Bitcoin collapsed down to $50. But before it did, Bitcoin managed to gain $250, ascending from $10, where it had been consolidating for 4 months during 2012. What if a similar movement completed nowadays?
Well, we are past the $300 mark. That could have been a likely resistance level, assuming bitcoin gained $250 again, since the recent retracement ($50). Yet, Bitcoin actually found support there: