Just before the clock struck 12 last night, Mt Gox hit a new all time high of $267.40 per bitcoin. Throughout early this morning it continued to climb all the way to 272.52! It’s not done yet, the market rallies as it continues to test this new all time high. How high could it go? No one knows, but know this: The math says it could go much higher before the year is out. YTD bitcoin is sitting pretty at over a 1900% increase.