Post
Topic
Board Economics
Re: The Jim Cramer affect on Bitcoin....
by
mirakal
on 04/01/2024, 14:10:50 UTC
Jim has this awful reputation in case you didn't know. Basically everything he says the opposite happens. They even made the reverse Cramer ETF lmao. Now the worst has happened and he has said BTC is going to the moon! I hope BTC is strong enough to weather this storm lmao..... https://twitter.com/WatcherGuru/status/1742574566948446441?t=Lq4TuNvvT4-l10UF_UKYqg&s=19
He’s right when he said bitcoin is going to the moon, but the problem is when it will start taking place? For now, the rumors that has been circulating around about the upcoming rejection of bitcoin spot ETF proposals is very popular so most probably, if it’s really going to happen, hence bitcoin price will immediately suffer an instant price decline.

However, there’s no wrong with that since bitcoin is highly volatile and we can expect any price drop from time to time, but instead of seeing it as a threat, we can transform it into a major advantage for us so we can maximize buying bitcoin again in preparation for bitcoin halving. So there’s really no problem if Jim Cramer prediction will be an irony of what’s going to happen. At least, we know bitcoin price will eventually recover after couple of days or months. This is not new anymore so we should not be over affected with this.