Reversal Indicator Jim Cramer Worked Again: Price Crashed After Praising Bitcoin!

A day after popular US host Jim Cramer, who broke rating records, praised Bitcoin (BTC), the price crashed.

Jim Cramer, who attracted attention with his anti-Bitcoin rhetoric in the past years and took a slightly more moderate attitude in 2023, finally accepted Bitcoin as “extraordinary” and emphasized that it cannot be destroyed.

Recently on CNBC Mad Money Popular presenter talking about Bitcoin in his program, Bitcoin is a technological miracle And people are starting to see this he stated. On the other hand, the billionaire who died in 2023 Charlie Munger He stated that he was too blind to see this:

The late Charlie Munger, who was very intelligent about many things, was blind to this one. You can’t kill Bitcoin. It’s a reality and a technological marvel, and I think people need to start accepting that it’s here to stay. The SEC opposed it almost the entire time. This was an unexpected comeback. Except for all the bulls who turn out to be right.

One day after the statements of the famous presenter, who was nicknamed “Reverse Indicator” because it contradicted his previous comments, the price of Bitcoin 5 thousand dollars The decline was noteworthy. Bitcoin had experienced a sharp decline from $ 45,500 to $ 40,200 a few hours ago.

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