Bitcoin and many altcoins are exploding higher to start the year.The CME Group recently introduced Bitcoin futures options, another crucial step towards bringing Bitcoin and institutional players closer together.The Fed's continuous easing and central bank intervention around the globe should enable Bitcoin to go substantially higher long term as the monetary base expands ever greater.Despite its expanding network, about 99.0-99.5% of Bitcoin's applicable market share remains untapped.Bitcoin and many altcoins are likely going substantially higher from here.