{"id":568717,"date":"2024-01-09T13:00:44","date_gmt":"2024-01-09T13:00:44","guid":{"rendered":"https:\/\/ktsl888.com\/?p=568717"},"modified":"2024-06-11T10:07:45","modified_gmt":"2024-06-11T10:07:45","slug":"jim-cramer-bitcoin-topping-off","status":"publish","type":"post","link":"https:\/\/ktsl888.com\/news\/jim-cramer-bitcoin-topping-off\/","title":{"rendered":"Jim Cramer Says Bitcoin Is Topping Off, Time To Buy Bitcoin?"},"content":{"rendered":"

Counter-trading CNBC\u2019s Jim Cramer<\/a> has gone from being a meme to something that Bitcoin investors have begun to take seriously. As the inverse of what Cramer says has usually been the case, taking a stand in the opposite direction has proved positive for some investors. Once more, Cramer has shared his thoughts on where the BTC price is headed, so is it time to buy or sell?<\/p>\n

Jim Cramer Calls The Bitcoin Top<\/h2>\n

In a new episode, the Mad Money host, a show hosted on the CNBC Network, called out<\/a> a possible top for Bitcoin. Now, the price of BTC has been steadily rising this week, which saw the price eventually rise above $47,000 for the first time in almost two years.<\/p>\n

Related Reading: Rocket Carrying Physical Dogecoin To The Moon Takes Off, But Why Is Price Struggling?<\/a><\/div>\n

Following this brief surge, Cramer took to the show to reveal that he thinks the price of the asset has reached a possible top. However, instead of the usual one-sided argument, Cramer would go on to tell investors to buy BTC if they want. So while the former hedge fund manager did call for Bitcoin to top out<\/a>, he is not advising investors to not buy the cryptocurrency.<\/p>\n

\u201cLet\u2019s stop fooling around,\u201d Cramer states. \u201cYou want Bitcoin, buy Bitcoin. I think Bitcoin is topping out, by the way. So I\u2019m going to say enough is enough.\u201d This statement tends to play on both sides of the coin for now, no longer discouraging investors from buying the asset.<\/p>\n

\"Bitcoin<\/p>\n

BTC shows strength ahead of SEC decision | Source: BTCUSD on Tradingview.com<\/a><\/pre>\n
BTC Goes The Opposite Way Of Cramer<\/h2>\n
Going through the path of counter-trading Jim Cramer would actually see investors buying Bitcoin at this time. If the same inverse correlation holds, then the Bitcoin price could be rocketing up from here once more.<\/p>\n
Related Reading: Forbes Says Spot Bitcoin ETF Approval Will Send BTC Price To $80,000<\/a><\/div>\n
This school of thought did not just emerge out of nowhere as even as recently as last week, the act of counter-trading Cramer<\/a> seems to remain a profitable venture. Last week, Cramer had taken to his Mad Money show to praise Bitcoin after being previously bearish<\/a>. Cramer explained that Bitcoin cannot be killed, saying BTC was \u201chere to stay\u201d and the likes of Charlie Munger were blind to it.<\/p>\n
However, in true Cramer fashion, the price of Bitcoin<\/a> would tank not long after, crashing from above $45,000 to below $42,000 on January 3. This is also not limited to crypto as there was an ETF dedicated to investing in the opposite direction of Cramer\u2019s stock picks, although that ETF was closed in 2023.<\/p>\n
Nevertheless, as news of Cramer\u2019s new stance hits the headlines, it\u2019ll be interesting to see where the BTC price<\/a> goes from here. If it follows previous trends, then the BTC price could be headed toward a price crash once again.<\/p>\n
Featured image from Siam Blockchain, chart from Tradingview.com<\/div>\n","protected":false},"excerpt":{"rendered":"
Counter-trading CNBC\u2019s Jim Cramer has gone from being a meme to something that Bitcoin investors have begun to take seriously. As the inverse of what Cramer says has usually been the case, taking a stand in the opposite direction has proved positive for some investors. Once more, Cramer has shared his thoughts on where the BTC price is headed, so is it time to buy or sell? Jim Cramer Calls The Bitcoin Top In a new episode, the Mad Money host, a show hosted on the CNBC Network, called out a possible top for Bitcoin. Now, the price of BTC has been steadily rising this week, which saw the price eventually rise above $47,000 for the first time in almost two years. Related Reading: Rocket Carrying Physical Dogecoin To The Moon Takes Off, But Why Is Price Struggling? Following this brief surge, Cramer took to the show to reveal that he thinks the price of the asset has reached a possible top. However, instead of the usual one-sided argument, Cramer would go on to tell investors to buy BTC if they want. So while the former hedge fund manager did call for Bitcoin to top out, he is not advising investors to not buy the cryptocurrency. \u201cLet\u2019s stop fooling around,\u201d Cramer states. \u201cYou want Bitcoin, buy Bitcoin. I think Bitcoin is topping out, by the way. So I\u2019m going to say enough is enough.\u201d This statement tends to play on both sides of the coin for now, no longer discouraging investors from buying the asset. BTC shows strength ahead of SEC decision | Source: BTCUSD on Tradingview.com BTC Goes The Opposite Way Of Cramer Going through the path of counter-trading Jim Cramer would actually see investors buying Bitcoin at this time. If the same inverse correlation holds, then the Bitcoin price could be rocketing up from here once more. Related Reading: Forbes Says Spot Bitcoin ETF Approval Will Send BTC Price To $80,000 This school of thought did not just emerge out of nowhere as even as recently as last week, the act of counter-trading Cramer seems to remain a profitable venture. Last week, Cramer had taken to his Mad Money show to praise Bitcoin after being previously bearish. Cramer explained that Bitcoin cannot be killed, saying BTC was \u201chere to stay\u201d and the likes of Charlie Munger were blind to it. However, in true Cramer fashion, the price of Bitcoin would tank not long after, crashing from above $45,000 to below $42,000 on January 3. This is also not limited to crypto as there was an ETF dedicated to investing in the opposite direction of Cramer\u2019s stock picks, although that ETF was closed in 2023. Nevertheless, as news of Cramer\u2019s new stance hits the headlines, it\u2019ll be interesting to see where the BTC price goes from here. If it follows previous trends, then the BTC price could be headed toward a price crash once again. Featured image from Siam Blockchain, chart from Tradingview.com<\/p>\n","protected":false},"author":594,"featured_media":568722,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3],"tags":[428,656,679,1119,89185,1144,78790,15885,90845],"class_list":["post-568717","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-bitcoin","tag-bitcoin-news","tag-bitcoin-price","tag-btc","tag-btc-news","tag-btcusd","tag-btcusdt","tag-jim-cramer","tag-jim-cramer-news"],"acf":[],"yoast_head":"\nJim Cramer Says Bitcoin Is Topping Off, Time To Buy Bitcoin?<\/title>\n<meta name=\"description\" content=\"Counter-trading CNBC\u2019s Jim Cramer has gone from being a meme to something that Bitcoin investors have begun to take seriously.\" \/>\n<meta name=\"robots\" content=\"index, follow, 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During this time, Scott has been able to author countless influential pieces that have drawn in millions of readers and have shaped public opinion across various important topics. His repertoire spans hundreds of articles on various sectors in the crypto industry, including decentralized finance (DeFi), decentralized exchanges (DEXes), Staking, Liquid Staking, emerging technologies, and non-fungible tokens (NFTs), among others. Scott\u2019s influence is not just limited to the countless discussions that his publications have sparked but also as a consultant for major projects in the space. He has consulted on issues ranging from crypto regulations to new technology deployment. Scott\u2019s expertise also spans community building and contributes to a number of causes to further the development of the crypto industry. Scott is an advocate for sustainable practices within the crypto industry and has championed discussions around green blockchain solutions. His ability to keep in line with market trends has made his work a favorite among crypto investors. In his personal life, Scott is an avid traveler and his exposure to the world and various way of life has helped him to understand how important technologies like the blockchain and cryptocurrencies are. This has been key in his understanding of its global impact, as well as his ability to connect socio-economic developments to technological trends around the globe like no one else. Scott is known for his work in community education to help people understand crypto technology and how its existence impacts their lives. He is a well-respected figure in his community, known for his work in helping to enlighten and inspire the next generation as they channel their energies into pressing issues. His work is a testament to his dedication and commitment to education and innovation, as well as the promotion of ethical practices in the rapidly developing world of cryptocurrencies. Scott stands steady in the frontlines of the crypto revolution and is committed to helping to shape a future that promotes the development of technology in an ethical manner that translates to the benefit of all in the society.","sameAs":["https:\/\/x.com\/https:\/\/twitter.com\/MathersonScott"],"url":"https:\/\/ktsl888.com\/author\/mathersonscott1\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"Jim Cramer Says Bitcoin Is Topping Off, Time To Buy Bitcoin?","url":"http:\/\/ktsl888.com\/news\/jim-cramer-bitcoin-topping-off\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/ktsl888.com\/news\/jim-cramer-bitcoin-topping-off\/"},"thumbnailUrl":"https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/01\/Jim-Cramer-Bitcoin.jpeg?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/01\/Jim-Cramer-Bitcoin.jpeg?fit=740%2C492"},"articleSection":"Cryptocurrency Market News","author":[{"@type":"Person","name":"Scott Matherson"}],"creator":["Scott Matherson"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/ktsl888.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["bitcoin","bitcoin news","bitcoin price","btc","btc news","btcusd","btcusdt","jim cramer","jim cramer news"],"dateCreated":"2024-01-09T13:00:44Z","datePublished":"2024-01-09T13:00:44Z","dateModified":"2024-06-11T10:07:45Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"Jim Cramer Says Bitcoin Is Topping Off, Time To Buy Bitcoin?\",\"url\":\"http:\\\/\\\/ktsl888.com\\\/news\\\/jim-cramer-bitcoin-topping-off\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/ktsl888.com\\\/news\\\/jim-cramer-bitcoin-topping-off\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/ktsl888.com\\\/wp-content\\\/uploads\\\/2024\\\/01\\\/Jim-Cramer-Bitcoin.jpeg?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/ktsl888.com\\\/wp-content\\\/uploads\\\/2024\\\/01\\\/Jim-Cramer-Bitcoin.jpeg?fit=740%2C492\"},\"articleSection\":\"Cryptocurrency Market News\",\"author\":[{\"@type\":\"Person\",\"name\":\"Scott Matherson\"}],\"creator\":[\"Scott Matherson\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/ktsl888.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"bitcoin\",\"bitcoin news\",\"bitcoin price\",\"btc\",\"btc news\",\"btcusd\",\"btcusdt\",\"jim cramer\",\"jim cramer news\"],\"dateCreated\":\"2024-01-09T13:00:44Z\",\"datePublished\":\"2024-01-09T13:00:44Z\",\"dateModified\":\"2024-06-11T10:07:45Z\"}<\/script>","tracker_url":"https:\/\/cdn.parsely.com\/keys\/ktsl888.com\/p.js"},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/01\/Jim-Cramer-Bitcoin.jpeg?fit=740%2C492","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/posts\/568717"}],"collection":[{"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/users\/594"}],"replies":[{"embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/comments?post=568717"}],"version-history":[{"count":0,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/posts\/568717\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/media\/568722"}],"wp:attachment":[{"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/media?parent=568717"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/categories?post=568717"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/tags?post=568717"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}