![]() ![]() It's seen a number of sell-offs this year, most recently at the start of this week, when it dropped by almost 9% in a day on Monday to its lowest in six weeks, as part of a broader market decline on the back of concerns about indebted Chinese property firm Evergrande. "I like to say that bitcoin's kind of like Kenny from South Park - he dies every episode, and is back again," he said.īitcoin's extreme volatility means it's just as capable of rallying 10% in a day as it is of falling 10%. Lynch, who heads up Morgan Stanley asset management subsidiary Counterpoint, was discussing bitcoin at Morningstar's annual investment conference on Thursday. ![]() ![]() Image - Happy Kenny South Park is a completely free picture material. It is a very clean transparent background image and its resolution is 750x1100, please mark the image source when quoting it. īitcoin's ability to bounce back from even the deepest sell-off is like South Park character Kenny's comical ability to return to life after dying in each episode of the long-running cartoon series, according to Morgan Stanley's Dennis Lynch. Image - Happy Kenny South Park is a high-resolution transparent PNG image.
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