Bitcoin has managed to move above $8300 against the USD as price has plateau for the past few days. As price continues to soar, basically setting new highs every hour, is it hard to see how far price could go as demand continues to grow. The rise in price to above $9000 level came after news of record breaking usue of Bitcoin in shopping spree this holiday. In addition, there was also a growing demand in the Asian market, mostly Korea & Japan, pushing the price higher.