Bitcoin has reached its peak and continued growth is unlikely. This was stated by ex-hedge fund manager Cramer & Co and host of the Mad Money show Jim Cramer.
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🚨BREAKING: Jim Cramer is bearish on #Bitcoin pic.twitter.com/CW0aNXu0zp
— LunarCrush (@LunarCrush) March 6, 2024
The statement followed an update in the ATH rate and a subsequent fall to $59,000.
A Bitcoin skeptic joked with MicroStrategy founder Michael Saylor, who promised to never sell the asset.
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Hi, my name is Jim Cramer and I called #Bitcoin a scam and told everyone to sell at $24,000.
Bitcoin has since hit a new all-time high.
— Watcher.Guru (@WatcherGuru) March 5, 2024
Cramer could have reacted this way to the company’s intention to raise $600 million in bonds to build up its position in digital gold.
In response, Watcher.Guru recalled Cramer’s unfulfilled predictions.
“Hi, my name is Jim Cramer, I called Bitcoin a scam and advised everyone to sell at $24,000. Since then, the price has reached a new record level,” — they wrote in the publication.
Let us remember that on January 18, the TV presenter called the fall in the price of the first cryptocurrency “an unpleasant start to the sale.”
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2024-03-06 14:18:47
#Jim #Cramer #doubted #growth #Bitcoin #ForkLog
