Jim Cramer, host of CNBC’s Mad Money, made an unexpected appearance today during his show’s Lightning Round. Bitcoin’i It resonated with the crypto community after praising it.
However, Cramer’s bullish comments left many investors uneasy rather than excited, and skeptics saw Cramer’s praise as a harbinger of a potential downturn.
“I have to say it’s a Bitcoin business, I’d really rather own Bitcoin,” Cramer said when asked about MicroStrategy, the Bitcoin buying firm run by Michael Saylor. Cramer noted that Citron Research recently announced a short position in MicroStrategy, suggesting that a direct investment in Bitcoin is a better option: “All I can tell you is, buy Bitcoin. This is the winner.”
Cramer’s statements, to cryptocurrencies It marks a dramatic shift from his earlier skepticism towards In January, he acknowledged Bitcoin’s resilience in the face of regulatory pressures and called it a “technological miracle.” Despite this change in tone, its history with Bitcoin has been controversial. Cramer previously announced that he sold his Bitcoin and Ethereum assets to buy a farm and boat in 2022, but later admitted that his sale may be “premature.”
While Cramer’s support alarmed the cryptocurrency community on Twitter, many investors ironically interpreted Cramer’s words as a bearish signal.
“In other words, the bull market has signed its death certificate,” analyst Jacob King wrote.
*This is not investment advice.
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Source: https://www.bitcoinsistemi.com/dediklerinin-tersi-cikan-analist-nihayet-bitcoin-hakkinda-konustu/
