Bitcoin technical analysis: Cracks back above the $17,000 level - ConsultFX

Bitcoin technical analysis: Cracks back above the $17,000 level

First day of CBOE futures On the day that the CBOE launched it's futures contract to tepid volume response, the spot bitcoin did not crumble as most feared but instead resumed it's march higher. It might have been lack of meaningful liquidity (see chart of the CBOE contract below). Copyright 2015 Forexlive.com