Bitcoin ETF

Bitcoin

Gary

<div class="cryptonews">
 <p class="is-style-lead">Economic analyst Jim Cramer asserts that Bitcoin’s recent resilience and technological prowess signal its permanence as it surges past $45,000 amid anticipation of a spot Bitcoin ETF approval.</p>
 <p>He confidently stated, “You can’t kill Bitcoin,” and emphasized its permanence, declaring it “here to stay.” Cramer further commended Bitcoin (BTC) as a “technological marvel” due to its perseverance despite challenges.</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="550" data-dnt="true">
    <p lang="en" dir="ltr">JIM CRAMER CAPITULATES️:<br><br>You can't KILL Bitcoin. It's here to stay.#Bitcoin pic.twitter.com/DQ6dlj0kDf</p>— Swan Media (@Swan) January 2, 2024
   </blockquote>
  </div>
 </figure>
 <div class="cn-block-related-link">
  <svg class="cn-block-related-link__icon icon" aria-hidden="true"><use xlink:href="#"></use>
  </svg> <span class="cn-block-related-link__prefix"> You might also like: </span> Polymarket investors confident of spot Bitcoin ETF nod by Jan. 15
 </div>
 <p>The context for Cramer’s comments lies in Bitcoin’s recent surge above $45,000, a milestone not reached since 2022. The anticipation of imminent approval for a spot Bitcoin ETF is seen as a potential catalyst that could drive the cryptocurrency’s price even higher, with expectations for approval as early as next week.</p>
 <p>Cramer’s optimism is rooted in the remarkable resilience Bitcoin has displayed over the past year, even in the face of regulatory scrutiny from entities like the US Securities and Exchange Commission (SEC) and its chair, Gary Gensler. Cramer’s belief in Bitcoin’s longevity contrasts with the skepticism expressed by some notable figures, including the late Charlie Munger.</p>
 <p>Despite Jim Cramer’s bullish stance on Bitcoin, the Inverse Cramer theory suggests caution. Some investors might interpret Cramer’s optimism as a contrarian indicator, sparking concern about market overheating. According to this theory, when Cramer expresses confidence, it could prompt a shift in sentiment, with investors turning bearish and selling positions.</p>
 <div class="cn-block-related-link">
  <svg class="cn-block-related-link__icon icon" aria-hidden="true"><use xlink:href="#"></use>
  </svg> <span class="cn-block-related-link__prefix"> Read more: </span> Jim Cramer’s bitcoin prediction flops as coin posts 14% gain
 </div> <span class="google-news-banner__label">Follow Us on Google News</span>
</div>
<p>Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/jim-cramer-bitcoin-cannot-be-killed-is-here-to-stay-tbt75391.html">https://thebittimes.com/jim-cramer-bitcoin-cannot-be-killed-is-here-to-stay-tbt75391.html</a></p>

Jim Cramer: Bitcoin cannot be killed, is here to stay

TheBitTimes

Ďalšie články zverejnené 2. 1. 2024

Why is SEI Price Up By 23%?

Investor Alert: Top 10 High-Growth Cryptos In 2024

Revealed: Elon Musk’s investment portfolio in 2023

Worldcoin could surge, GFOX completes stage 5 of presale

XRP Price Action Absolutely Demolishes Bears

HBAR Price up 11%; Will Hedera Rise Further and Reward Investors?

Pripojte sa k nášmu bezplatnému bulletinu a získajte denné aktualizácie kryptomien!