Reverse Indicator Jim Cramer Talks About Bitcoin (BTC)! Will the Opposite of What He Says Happen Again?

2025-01-28 10:14:48

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CNBC’s Mad Money host Jim Cramer has made new Bitcoin (BTC) comments.

Jim Cramer, known as a reverse indicator in the cryptocurrency community, expressed his support for BTC.

The famous figure stated that it is necessary to own Bitcoin, but also added that the largest publicly traded Bitcoin owning company, MicroStrategy, should not be owned.

"I own Bitcoin, you should own Bitcoin too. It’s a great thing to have in your portfolio. It’s a good thing for your portfolio.

But it’s not good for your MicroStrategy portfolio.

The community also paid attention to Jim Cramer’s comments on Bitcoin and MicroStrategy, which are known as a reverse indicator in the market.

Some users pointed out that referring to Cramer’s reputation as a reverse indicator, these words could benefit MicroStrategy bulls and Bitcoin bears in the coming weeks. It is often interpreted that Cramer’s posts and preferences tend to move in the opposite direction in the long run and historically, the opposite usually happens.

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