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 <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>
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 <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>
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  <p class="paragraph">“The people who are in it for that will use that chance to sell.”</p> <cite>— Jim Cramer</cite>
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 <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>
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    <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
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 <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>
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  <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>
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 <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>
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<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’

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