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What’s Behind Bitcoin’s Winning Run?

Dec.28 — In this edition of “Futures in Focus,” Bloomberg’s Abigail Doolittle examines Bitcoin’s longest monthly winning streak in more than a year. She speaks with Bloomberg’s Alix Steel on “Bloomberg Markets.”

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Dec.28 — In this edition of “Futures in Focus,” Bloomberg’s Abigail Doolittle examines Bitcoin’s longest monthly winning streak in more than a year. She speaks with Bloomberg’s Alix Steel on “Bloomberg Markets.”

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73 Comments

73 Comments

  1. ERXN 88

    December 28, 2020 at 6:55 pm

    What else is there to proof? Bitcoin on its own is surpassing the price of the DOW Jones, S&P500, and NASDAQ. Visa and Mastercard has bridged the gap of being able to spend your crypto all around the world with all their merchants.

  2. Jonathan Strong

    December 28, 2020 at 6:58 pm

    As soon as she said there is no institutional buying I knew she doesn’t research this. She just part of an old generation wjp downplays this before looking into it. Long history of Bitcoin and she still calls it a bubble

  3. Mark Marvin

    December 28, 2020 at 7:03 pm

    UMMMM WHAT IS SHE TALKING ABOUT? mostly retailers?

  4. symmetry

    December 28, 2020 at 7:04 pm

    Please get someone that actually knows what their talking about

  5. Day Adventure

    December 28, 2020 at 7:06 pm

    I think she means well, she just doesn’t have the current information. This run is all institutional buying for the store of value purpose. This time is different.

  6. Logan Meschke

    December 28, 2020 at 7:09 pm

    It couldn’t more obvious that she has no idea what she’s talking about. Sounds like she read one article on bitcoin and went on air.

  7. David Liang

    December 28, 2020 at 7:09 pm

    LMFAOOO looking at instutuitions the interest isn’t there? Are you seriously that stupid? It’s ALL institutions. Grayscale alone is seeing record inflows of investment.

  8. Mohammed Junaid

    December 28, 2020 at 7:38 pm

    she doesn’t know what she’s talking about its up due to institutions

  9. Jenny的另类投资频道-普通人财富自由之路

    December 28, 2020 at 7:40 pm

    She is saying that to cover institution buying

  10. Jenny的另类投资频道-普通人财富自由之路

    December 28, 2020 at 7:40 pm

    买比特币 不要错过了

  11. Cries & Smiles

    December 28, 2020 at 7:43 pm

    The Fed brrrrrrrrrrrrrrrrrrr
    Cheers

  12. Afiq Azni

    December 28, 2020 at 7:45 pm

    BUY #BITCOIN ! NOW !

  13. Adam TV

    December 28, 2020 at 8:02 pm

    just LOL

  14. See Plush

    December 28, 2020 at 8:03 pm

    Is this type of stuff they spew on tv. Cause us here on YT aint buying this.

    • See Plush

      December 28, 2020 at 9:08 pm

      @Bloomberg Technology FOH

  15. Smelson

    December 28, 2020 at 8:08 pm

    MONEY PRINTING

  16. squpd

    December 28, 2020 at 8:13 pm

    suggestion to the producer: choose your misleading talking points to seem a little more rooted in reality

  17. David Yao

    December 28, 2020 at 8:28 pm

    This is what happens when uninformed people do not research before talking .

  18. J A

    December 28, 2020 at 8:40 pm

    The Trump administration financially cornered itself. Firstly it printed money to cope with Covid-19, then it restricted institutional and index fund investments in China, the only market with real returns and the capacity to absorb US $printing. Result excess cash creating a speculative bubble in bitcoin.

  19. p Rrr

    December 28, 2020 at 8:40 pm

    They are on tv in the usa??? haha…Tesla is up more than 600% bitcoin more than 200% and institutions are not buying? End off there jobs really stupid

    • Bloomberg Technology

      December 28, 2020 at 9:04 pm

      LEAVE A MESSAGE FOR MY PERSONAL ACCOUNT OFFICIAL AARON ON WHAT S APP FOR INSIDE TIPS AND TO EARN HUGE IN CRYPTO WITH HIS AWESOME ANALYSIS 🚀🚀

    • Bloomberg Technology

      December 28, 2020 at 9:04 pm

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  20. Musa I of Mali

    December 28, 2020 at 9:11 pm

    I don’t think finance is for her.

  21. Landon Morris

    December 28, 2020 at 9:38 pm

    The king of cryptocurrency Bitcoin seems to be building up momentum for a breakout above $27k against the US dollar which shows that the bulls are still very much in control. These also serve as the time to buy and look for a working strategy/signals to accumulate more, although i don’t kick against holding. Nevertheless i still see it as a very good time to trade actively in the market reason been that it is much more profitable and safer with the right strategy/daily signals in place and backed with the right guidance. My mentor still remains Mr.Frank Cole because of how much his trade strategy and daily signals have been of benefit to me, having grown my portfolio from 0.9 btc to 6.8 btc in four weeks. However, i would still advice people to buy at this price and also trade with the little you hold so as to build as very strong portfolio ahead of the * New Year* market. Mr. Frank can be reached via Telegram @Franktrading99 or * Mail *(Franktrading99@gmail. com)” for inquiries for insights into all crypto related issues

    • Nathan W Cummins

      December 28, 2020 at 9:41 pm

      Always backup your trading with a good strategy, else the bear market will hit you so hard, and you might wake up losing your saving, that’s crypto for you

    • Lisa Richard

      December 28, 2020 at 9:41 pm

      I don’t still know how this man knew this knowledge he’s sharing that’s changing lives of traders even with their zero crypto knowledge, Frank is a Genius

    • Alberto Martinez

      December 28, 2020 at 9:42 pm

      Successful people don’t become that way overnight. What most people see at a glance-wealth, a great career,
      purpose-is the result of hard work and hustle over time. I pray that anyone who reads this will be successful in life.

    • Seth Balon

      December 28, 2020 at 9:43 pm

      Frank Cole made winning my culture, I regretted not knowing this way of trading bitcoin a few months ago before I lost, it’s all great, I’m recovering. And I’ll never forget that good deed

    • Angela White

      December 28, 2020 at 9:43 pm

      Its been two months since i contacted Frank and my return on investment has been good

  22. Landon Morris

    December 28, 2020 at 9:38 pm

    Fantastic video ❤️I still see cryptocurrency as one of the best digital investment and i totally love the technology when it comes to the largest crypto asset Bitcoin As a trader, i have been able to understand that there are two sides when it comes to crypto and everyone has their opinions when it comes to choosing sides, though i am not kicking against Hodl, but i see it as an old and odd strategy to make profit of the market as when the market goes bearish investors/traders loses their investment which is always painful, when you can take advantage of the market by involving in day trading or copying trade alert from a professional trader that understand the market and use strategy to generate signals daily to make profit to grow your portfolio as i have been doing with Mr Frank Cole for the past 5 weeks and i have been able to day trade to grow my initial 0.8 btc to 6.8 btc which you will rethink and see that trading is better/profitable. Mr Frank Cole’s daily signals are very accurate and always yields a great positive return on investment. Frank can be reached via his Telegram @Franktrading99 or * Mail *(Franktrading99@gmail. com)” for inquiries into profitable trading systems.

    • Lisa Richard

      December 29, 2020 at 8:19 am

      Frank Cole made winning my culture, I regretted not knowing this way of trading bitcoin a few months ago before I lost, it’s all great, I’m recovering. And I’ll never forget that good deed

  23. Landon Morris

    December 28, 2020 at 9:38 pm

    .

  24. ᛗᛁᛦᛖ ᛟᛁᚾᛋ

    December 28, 2020 at 9:50 pm

    That couldn’t have gotten any dummer if two blonds were arguing about BTC. Oh wait….

  25. Angelo Miranda

    December 28, 2020 at 10:32 pm

    errr. I don’t follow bitcoin too much but how come i know that square, paypal and ark invest bought tons of bitcoins 😀

  26. C M

    December 29, 2020 at 1:41 am

    They are still clueless, bullish. When I hear the legacy media starting to say smart things, that’s when we’ve hit a top in the price.

  27. Hobby428

    December 29, 2020 at 2:04 am

    Bitcoin is not a hedge against the usd. Bitcoin is peer to peer digital cash.

  28. o g

    December 29, 2020 at 5:19 am

    Boys…. she just spewing FUD so she can buy up more precious Bitcoin on a dip! 🤪

  29. michael lilienfeld

    December 29, 2020 at 6:27 am

    Buy bitcoin

    • Bloomberg Technology

      December 30, 2020 at 11:28 am

      + 1 3 1 8 7 6 6 5 9 7 8

  30. Fahad Shaikh

    December 29, 2020 at 7:00 am

    They are fucking clueless

  31. Joel Bondurant

    December 29, 2020 at 8:10 am

    Bitcoin > Terrorist Paper

  32. Ruben Manuel Garcia

    December 29, 2020 at 9:21 am

    Bitcoin cannot be used to pay your coffe, same thing for gold

  33. Transcendent 1

    December 29, 2020 at 3:34 pm

    so…some time back russia invested heavily in bitcoin and the blockchain. It begs the question if Russia is possibly involved in market manipulation of bitcoin?

  34. washabi nutter

    December 29, 2020 at 4:24 pm

    Lol Jamie dimon stamp of approval ..these guys singled handedly crash the world 2008 which lead to asset inflation bubbles in all usd assets? Bitcoin is anti banks ..we don’t need their approval !

  35. Gaël des Montagnes Noires

    December 29, 2020 at 4:29 pm

    🦆I am

  36. Chat

    December 29, 2020 at 5:01 pm

  37. JL Quentin

    December 29, 2020 at 5:01 pm

  38. Gloria Garber

    December 29, 2020 at 5:10 pm

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  39. Mark Jackson

    December 29, 2020 at 6:00 pm

    Bitcoin price started a decent recovery from the $10,139 swing low against the US dollars. BTC gained Pace above the $10,550 resistance, but it is facing a major hurdle near $10,800. The only way stay safe with crypto trading just within a weeks, I wasn’t able to capture the secret to understanding the use of trade signals till I got connected to a trading expert Mrs Mary Walton. Under her guide, I’ve been able to understand the market structure and how best to use and copy trade signals from returns, plus his trading classes has been so educative, Mrs Mary Walton you learn while earing massively alongside, Mary can be contacted for crypto inclined concerns on, +1 ( 9 8 5 ) 2 3 9 – 1 9 3 7

  40. Craig Allen

    December 29, 2020 at 7:08 pm

    Don’t think she really knows what she’s talking about….

  41. Roei Messica

    December 29, 2020 at 7:13 pm

    That’s great 😀 600 % 6000% you know whatever

  42. Bryan K

    December 30, 2020 at 1:32 am

    What I she TALKING ABOUT!!!??? Was she in coma and just now waking up after being asleep since 2017??…She has no clue what she’s talking about! You need to vet your guests first guys!

  43. L N

    December 30, 2020 at 2:32 am

    Wall Street and the media have no ideas what they are talking about. All because they have a title or some sort credentials they think their point of view matters

  44. MickeyL

    December 30, 2020 at 3:09 am

    Retail buying…not institutional? Doolittle didn’t do her homework.

  45. John Oliver

    December 30, 2020 at 5:16 am

    Do your research people – speak about facts not misleading misinformation.

    • BitBoy Crypto

      December 30, 2020 at 7:23 am

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    • BitBoy Crypto

      December 30, 2020 at 7:23 am

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  46. MithunOnThe.Net

    December 30, 2020 at 9:06 am

    LOL, please bring this Miss KnowLittle back in 2021 after BTC moons further north.

  47. JamesH

    December 30, 2020 at 9:09 am

    Look at google trends, retail is not getting in. Same time, Microstrategy has bought 1.3B worth, Ark is buying, banks are flipping bullish, including JP Morgan. This person does not know what she is talking about.

  48. Xtrakth

    December 30, 2020 at 10:37 am

    Poor woman, completely amateur.

  49. WietRoKer

    December 30, 2020 at 11:15 am

    What? Institution aren’t buying? Blackrock, greyscale, Paul tudor Jones along with massive companies like paypal, square, microstrategies are all buying. Your clearly misinformed

    • Bloomberg Technology

      December 30, 2020 at 11:30 am

      + 1 3 1 8 7 6 6 5 9 7 8

  50. Cameron Impastato

    December 30, 2020 at 2:25 pm

    Glad to hear her so excited by it.

  51. Master Sweeps

    December 30, 2020 at 3:37 pm

    Two idiots more concerned with their hair and makeup pretending they actually know anything about btc or even finance.

  52. Danny Brooks

    December 30, 2020 at 4:42 pm

    No institutional buying really? Maybe someone should update her on what’s going on in the market with Bitcoin before she goes on TV.

  53. Alexander Dyon Ashton

    December 30, 2020 at 10:30 pm

    Cardano!

  54. Daijo Robu

    December 31, 2020 at 4:39 am

    doesn’t seem like they have been paying attention to bitcoin over the last six months

  55. Dragon Beats

    December 31, 2020 at 4:52 am

    Guggenheim said they bought around 10k hmm . MSTR first bought around 11k as well as Square. Sky bridge has recently joined 😆 where has she been?

  56. Jack Grimes

    December 31, 2020 at 9:30 am

    “The original purpose of Bitcoin was to be a hedge to fiat currency” Who told her that? “it’s up 600,000, 6,000%- 600% is that correct? Either way” – What?

  57. Dav06

    December 31, 2020 at 1:26 pm

    Gold 2.0! Get with the new narrative lady!!

  58. Metal Bum

    January 1, 2021 at 3:01 am

    Institutional buyers dumping billions into bitcoin

  59. Dok2.3

    January 2, 2021 at 6:31 pm

    JP morgan came out against BTC a few years ago.

    This year JP morgan says BTC can go to $650,000…

  60. MC Peko

    January 3, 2021 at 10:20 am

    Lols! Like wtf super lols! 🤣

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