Cryptocurrency

Bitcoin

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 <p class="paragraph">In a notable surge, Bitcoin (BTC) briefly surpassed the $44,000 mark on Wednesday, December 6, achieving its highest level since April 2022.</p> 
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 <p class="paragraph">With a substantial 24.46% increase in the last <a rel="dofollow" title="month" href="https://thebittimes.com/tag/month.html">month</a>, the cryptocurrency’s upward momentum is driven by optimism regarding US regulators’ potential approval of a spot Bitcoin exchange-traded fund (ETF) and expectations of Federal Reserve rate cuts in 2024.</p> 
 <p class="paragraph">One person who has previously shared plenty of his thoughts on Bitcoin is Jim Cramer, widely acknowledged for his dynamic persona and outspoken views on stocks and cryptocurrencies.</p> 
 <p class="paragraph">In April, Cramer advised investors to sell Bitcoin just as the cryptocurrency was starting to rally in March. Since then, BTC has surged over 80%, leaving many to mock the financial analyst’s advice. Indeed, Bitcoin was trading at $24,152 at the time and is currently trading at $43,391 at the time of publication.</p> 
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  <p class="paragraph">“Bitcoin is a strange animal, I would say point blank: I think it is being manipulated, it was being manipulated, so please don’t assume that it is not still being manipulated. And I would sell my Bitcoin right into this rally, and believe me, I have been a believer at one time in Bitcoin, not here, not now.”</p> 
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    <p lang="en" dir="ltr">FACT: #Bitcoin up +80% since Jim Cramer told people to sell 9 <a rel="dofollow" title="months" href="https://thebittimes.com/tag/months.html">months</a> ago. pic.twitter.com/5WUC22QohL</p>— Radar (@RadarHits) December 6, 2023
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 <p class="paragraph">Back in January, when Bitcoin was trading at $17,093, Cramer stated that the current climate presented a “good chance again to get out of crypto.” And in comparison to his January comments the digital asset has gained 153% in value.&nbsp;</p> 
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    <p lang="en" dir="ltr">Good chance AGAIN to get out of crypto and scale out of Chinese stocks as neither can be trusted</p>— Jim Cramer (@jimcramer) January 9, 2023
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 <h2 class="wp-block-heading" id="h-cramer-s-previous-comments-on-bitcoin">Cramer’s previous comments on Bitcoin</h2> 
 <p class="paragraph">The host of Mad Money has recently changed and voiced different opinions regarding this cryptocurrency, often altering his stance.</p> 
 <p class="paragraph">One of his most recent opinions was positive. Following a question on his thoughts on CleanSpark (NASDAQ: CLSK) in his latest episode of CNBC Lightning Round, Cramer responded:</p> 
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  <p class="paragraph">“If you like Bitcoin, buy Bitcoin. That has always been my view, and for a while, I liked it, and then I decided that money had been made. I acted premature, but money has been made.”</p> 
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 <p class="paragraph">And only two <a rel="dofollow" title="months" href="https://thebittimes.com/tag/months.html">months</a> ago, he implored his viewers to use the opportunity and exit the cryptocurrency market. Saying that “Mr. Bitcoin is about to go down big.”</p> 
 <p class="paragraph">Despite Cramer’s doubts about cryptocurrencies, Bitcoin has continued to perform strongly, confounding many traditional investors who remain skeptical of digital assets.&nbsp;</p> 
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<p>Source: <a rel="dofollow" target="_blank" href="https://thebittimes.com/here-s-how-much-bitcoin-is-up-since-jim-cramer-said-sell-9-months-ago-tbt72902.html">https://thebittimes.com/here-s-how-much-bitcoin-is-up-since-jim-cramer-said-sell-9-months-ago-tbt72902.html</a></p>

Here’s how much Bitcoin is up since Jim Cramer said sell 9 months ago

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