Bitcoin cracks $15,000
What an incredible run. No matter what happens, they will be studying Bitcoin in the financial textbooks for 100 years.
The latest stage in Bitcoin has been one of the greatest parabolic moves in any market of all time. Each day brings a bigger move than the last and panic-buying has gripped the public. Prices are up $1756 today to $15,103 after hitting as high as $15,792.
The catalyst, at the moment, is clearly the launch of futures contracts at CBOE this week and the CME on December 18.
If that goes well and Bitcoin continues to power higher… I guess it’s going to infinity.