Barron's cites XBTO's Douglas Comin as Bitcoin hits fresh 18-month highs

Barron's documents how Bitcoin and other cryptocurrencies advanced to fresh 18-month highs on Thursday, continuing a recent rally that has been supported by a number of factors.

They go on to discuss how there are a number of reasons to believe that Bitcoin's recent rally can continue. Bullish sentiment is high, the technical market backdrop is supportive, and the supply of tokens is tight.

XBTO's senior crypto options trader, Douglas Comin, is optimistic about Bitcoin's price action, believing that the breakout above the $37,000 mark is a significant milestone and that the momentum is poised to persist. He also noted that the cryptocurrency market continues to garner attention from institutional investors.

Read the full article on Barron's/Marketwatch here.