When will Bitcoin [BTC] make a comeback? This exec thinks…
— Amazon, Bear, Thinks, Comeback, Bitcoin, Shares, Exec, Dollar, Sharma, Price — 1 min read
Ruchir Sharma, Managing Director and Chairman of Rockefeller International, claims that Bitcoin (BTC) is essentially a great idea. Sharma is the latest to join the list of well-known personalities who back the sustained existence of Bitcoin. The pro-Bitcoin Sharma asserted that the price of BTC may move in a manner reminiscent of the world’s largest retailer – Amazon. The exec also predicted significant declines in Bitcoin and other digital assets during the following six months, at least in part as a result of the ongoing slump in U.S. stocks. He pointed out that equities often drop by 35% during bear markets, which last around a year. The S&P 500 has only plummeted by 20% during this less than a year Source