Posted 1/9/2024, 7:29:00 AM
Cramer Warns Bitcoin 'Topping Out' But His Picks Often See Opposite Response
- Jim Cramer said bitcoin is "topping out", a signal some see as bullish based on his track record
- Cramer was recently bullish on bitcoin, saying it's "here to stay"
- Bitcoin rose 8% on Monday before dropping, reaching $47,100 for the first time since April 2021
- Cramer's picks tend to move in the opposite direction, sparking an "Inverse Cramer ETF"
- Cramer has been generally bearish on bitcoin in the past, saying "Mr. Bitcoin is about to go down big" in October