The Bitcoin train marches on to post a high of $17,846
From my source at least. There just isn't anything that is going to stop it from reaching $20,000 next at this point. Only a question of "when" is more appropriate.
Since the launch of the CBOE futures, Bitcoin has been slightly "rangy" hovering between $16,000 to $17,000 levels over the last four days - I think we're too used to it just going up and up every day.
But now it looks like it is set for a move higher.
Anyway, looking at the CBOE front month futures for Bitcoin, it does look like the premiums factored in is reducing. And the movement in the futures contract does mimic the Bitcoin spot quite well:
