Gold and Bitcoin: Bull Market Companions



Feb.05 — On this version of “Charting Futures,” Bloomberg Intelligence’s Mike McGlone examines the efficiency of Bitcoin futures in contrast with gold and Tesla Inc. He speaks with Bloomberg’s Abigail Doolittle on “Bloomberg Markets: The Shut.”

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22 comments

  1. Bitcoin isn’t following gold… The bitcoin halving is coming up soon that’s why. It’s like these people don’t even know what they’re talking about? But at least they are giving it the attention it deserves.

  2. Bitcoin is way better than gold, it rises so fast it's a life changer! Cryptocurrencies in general allow us joe public to make a fortune in no time they are a godsend. F the fed we print our own money now!

  3. Comparing Tesla to bitcoin? What??? Totally clueless. Sad this is the type of garbage being produced for and consumed by the masses.

  4. Mmmm was it not Mike that was predicting sub $1000 when we were at $3200 based on NVT?

  5. No comparison – Bitcoin is asymmetrical and uncorrelated to any other asset. Plus the daily supply of btc gets cut in half this May during the halving event. Get ready for new all time highs!

  6. great to see this. felt like a positive outlook on digital assets. also, cheers to the camera operator. their movements were flawless. floated through the scene effortlessly

  7. waza waza wazaaa PRIZM Coooooin

  8. Yeah, gold is not a technology.

  9. First disliked then "digital gold" me like.

  10. nobody knows where the btc price would be next.

  11. Bloomberg so much better content than CNBC.

  12. Tesla is a joke.
    It's nothing like Bitcoin.

  13. According to this lady's discussion about the RSI the s&p500 should have collapsed long time ago. Just check out the weekly. There were multiple divergences yet the price pumped out of nowhere and cancelled them all. RSI isn't such a correct tool.

  14. The comparison with Tesla is interesting. It went parabolic just like btc. But btc's chart is so far logarithmic. Tesla might be, or might not. Time will tell ?

  15. Storytelling at its finest.

  16. she did not even tell us what chart she was looking at….and the bullrun just begun lol.

  17. She is not even talking about the RSI from 2020. She is only talking about the RSI PRE 2020 lol. Wtf, the RSI is clearly making higher highs and lower high since like January 1! I smell a agenda of miss information

  18. Bloomberg has figured it out for us boys, just make a bot for RSI, ez

  19. Check out my first YouTube video! Let me know how I did please.