Bitcoin is headed for its fourth annual decline in its history, falling as much as 5.2% and is now about 7% lower for the year, with volumes low and investors bailing on Bitcoin ETFs. MARA Chairman & CEO Fred Thiel, however, expects a great performance from Bitcoin over the course of the coming year despite a 'healthy retracement' in the marketplace. He joined Carol Massar and Tim Stenovec on 'Bloomberg Businessweek Daily' to break it down.

<p>Bitcoin is headed for its fourth annual decline in its history, falling as much as 5.2% and is now about 7% lower for the year, with volumes low and investors bailing on Bitcoin ETFs. MARA Chairman &amp; CEO Fred Thiel, however, expects a great performance from Bitcoin over the course of the coming year despite a 'healthy retracement' in the marketplace. He joined Carol Massar and Tim Stenovec on 'Bloomberg Businessweek Daily' to break it down.</p>

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MARA's Fred Thiel Talks Bitcoin

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/91625215-0d79-4aac-8eee-b3b501544c7f/transcript

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