Token

Coin

<div class="finbold">
 <p class="paragraph">Jim Cramer is a media personality known for his energy and stock market advice on CNBC’s “Mad Money.” Cramer has also become a notable voice in the world of cryptocurrencies, usually showing a bearish bias on Bitcoin (BTC).</p>
 <div></div>
 <p class="paragraph">However, although his stance on the leading cryptocurrency has fluctuated over time, his latest comments signal a pivotal belief in Bitcoin’s resilience. During a recent appearance on <em>CNBC</em>‘s “Squawk on the Street,” Jim Cramer discussed Bitcoin reaching new highs, cruising above $45,900 on January 2.</p>
 <p class="paragraph">According to the investor, the buzz around potential Bitcoin spot ETF approvals significantly drove this rally. Interestingly, he observed that investors could look for it as a selling opportunity, hinting at a possible sell-off scenario following the ETF hype.</p>
 <blockquote class="wp-block-quote">
  <p class="paragraph">“The people who are in it for that will use that chance to sell.”</p> <cite>— Jim Cramer</cite>
 </blockquote>
 <div class="not-prose relative overflow-auto scrollbar-hide mb-8 mt-8">
  <div class="relative w-full flex gap-6 snap-x snap-mandatory overflow-x-auto">
   <div class="max-w-[300px]">
    <div class="py-0 first:pt-0 last:pb-0">
     <div class="flex gap-x-4">
      <div class="shrink-0  w-24"><img data-src="https://cdn.thebittimes.com/images/2024/01/03/aab07fc13957e3d8903c8d19389c9e7e.webp" alt class=" w-full rounded-md lazy">
      </div>
      <div>
       Cryptocurrency 
       <h3 class="font-bold leading-6 " id="bitcoin-and-ethereum-short-squeezed-on-january-2-for-massive-liquidations">Bitcoin and Ethereum short-squeezed on January 2 for massive liquidations</h3>
       <div class="sm:flex gap-x-3 mt-2">
       </div>
      </div>
     </div>
    </div>
   </div>
   <div class="max-w-[300px]">
    <div class="py-0 first:pt-0 last:pb-0">
     <div class="flex gap-x-4">
      <div class="shrink-0  w-24"><img data-src="https://cdn.thebittimes.com/images/2024/01/03/cd40b50fcf78dc796e3d59cb6d3aeb09.webp" alt class=" w-full rounded-md lazy">
      </div>
      <div>
       Press Releases 
       <h3 class="font-bold leading-6 " id="less-than-a-month-to-go-before-scorpion-casino-scorp-cex-listing-join-the-presale-before-it-ends">Less than a Month to Go Before Scorpion Casino (SCORP) CEX Listing, Join the Presale Before It Ends</h3>
       <div class="sm:flex gap-x-3 mt-2">
       </div>
      </div>
     </div>
    </div>
   </div>
   <div class="max-w-[300px]">
    <div class="py-0 first:pt-0 last:pb-0">
     <div class="flex gap-x-4">
      <div class="shrink-0  w-24"><img data-src="https://cdn.thebittimes.com/images/2024/01/03/49f2fb951b16e96e08da389bbace1247.webp" alt class=" w-full rounded-md lazy">
      </div>
      <div>
       Press Releases 
       <h3 class="font-bold leading-6 " id="could-sponge-token-be-the-next-meme-coin-to-explode-after-pumping-17-in-24-hours">Could Sponge Token be the Next Meme Coin to Explode After Pumping 17% in 24 Hours?</h3>
       <div class="sm:flex gap-x-3 mt-2">
       </div>
      </div>
     </div>
    </div>
   </div>
   <div class="max-w-[300px]">
    <div class="py-0 first:pt-0 last:pb-0">
     <div class="flex gap-x-4">
      <div class="shrink-0  w-24"><img data-src="https://cdn.thebittimes.com/images/2024/01/03/38573fa652f32046633b4d7920040266.webp" alt class=" w-full rounded-md lazy">
      </div>
      <div>
       Stocks 
       <h3 class="font-bold leading-6 " id="michael-burry-is-up-30-on-his-biggest-stock-position">Michael Burry is up 30% on his biggest stock position</h3>
       <div class="sm:flex gap-x-3 mt-2">
       </div>
      </div>
     </div>
    </div>
   </div>
   <div class="max-w-[300px]">
    <div class="py-0 first:pt-0 last:pb-0">
     <div class="flex gap-x-4">
      <div class="shrink-0  w-24"><img data-src="https://cdn.thebittimes.com/images/2024/01/03/4cd667c95f941c0d139c359287a41c55.webp" alt class=" w-full rounded-md lazy">
      </div>
      <div>
       Press Releases 
       <h3 class="font-bold leading-6 " id="investors-are-redirecting-their-attention-with-rblz-becoming-the-preferred-option-over-sand-and-shib">Investors are Redirecting Their Attention, with $RBLZ becoming the preferred option over SAND and SHIB</h3>
       <div class="sm:flex gap-x-3 mt-2">
       </div>
      </div>
     </div>
    </div>
   </div>
  </div>
 </div>
 <div class="mb-4 bg-slate-50 rounded-md layout-adjustment">
  <div id="finbold.com_middle" style="min-width: 300px; min-height: 250px;">
  </div>
 </div>
 <p class="paragraph">Yet, Cramer remarked that “this thing, you can’t kill it,” referring to Bitcoin. He underscored that despite uncertainties in the market, Bitcoin, or its spot ETF, is “here to stay.”</p>
 <figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
  <div class="wp-block-embed__wrapper">
   <blockquote class="twitter-tweet" data-width="500" data-dnt="true">
    <p lang="en" dir="ltr">JUST IN: Jim Cramer on CNBC has just flipped bullish on #Bitcoin, says the technology is here to stay, that $BTC cannot be <a rel="noopener noreferrer nofollow" title="killed" href="https://thebittimes.com/tag/killed.html">killed</a>, and that bulls were right. <br><br>In other words, bear market confirmed. pic.twitter.com/B2KnDsxmIB</p>— WhaleWire (@WhaleWire) January 2, 2024
   </blockquote>
  </div>
 </figure>
 <h2 class="wp-block-heading" id="h-inverse-jim-cramer-etf-and-bitcoin-s-forecasts">Inverse Jim Cramer ETF and Bitcoin’s forecasts</h2>
 <p class="paragraph">Notably, Jim Cramer’s predictions have become a meme among investors. People seem to believe that the opposite of his predictions is what will actually happen in the future.</p>
 <p class="paragraph">A twist to Cramer’s influential comments comes with the “Inverse Cramer ETF.” This financial instrument is known for taking a contrarian stance to Cramer’s public positions. The ETF highlights the complexity of decoding Jim Cramer’s influence on market movements, especially regarding an asset as volatile as BTC.</p>
 <p class="paragraph">In particular, the current comments could be either bullish or bearish. Formerly backed by the belief that “Bitcoin can’t be <a rel="noopener noreferrer nofollow" title="killed" href="https://thebittimes.com/tag/killed.html">killed</a>,” while later contradicted by the idea of people using the rumors of increased demand as part of an exit liquidity strategy.</p>
 <p class="paragraph">He then concluded by admitting being wrong in the past about Bitcoin’s price performance:</p>
 <blockquote class="wp-block-quote">
  <p class="paragraph">“This is the remarkable comeback that was unexpected, except for all the bulls who happened to be right.”</p> <cite>— Jim Cramer</cite>
 </blockquote>
 <p class="paragraph">In closing, investors should approach Bitcoin with prudence. While influential figures like Cramer share their perspectives, the cryptocurrency market remains unpredictable. Experts advise doing a thorough research and maintaining due diligence when trading BTC, as the currency’s journey, much like Cramer’s opinions, can be a rollercoaster ride.</p>
 <p class="paragraph"><strong><em>Disclaimer</em></strong><em>: The content on this site should not be considered investment advice. Investing is speculative. When investing, your capital is at risk.</em></p>
 <p class="paragraph"></p>
</div>
<p>Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/jim-cramer-says-bitcoin-cannot-be-killed-tbt75403.html">https://thebittimes.com/jim-cramer-says-bitcoin-cannot-be-killed-tbt75403.html</a></p>

Jim Cramer says ‘Bitcoin cannot be killed’

Table of Contents

TheBitTimes

Andre artikler udgivet 2. jan. 2024

Bitcoin Price Prediction as Market Cap Nears $900 Billion – Can BTC Maintain Its Momentum?

How ETF proposals, Ordinals can fuel Bitcoin to $100,000 in 2024

Indonesia Police Confirmed Closure of 10 Bitcoin Mining Operators

Monthly Progress Report — December 2023

Bitcoin Surges to 21-Month Highs as ETF Excitement Ignites Crypto Markets

MicroStrategy’s bold Bitcoin bet ahead of 2024 halving

Join our free newsletter for daily crypto updates!