Jim Cramer Turns Fully Bearish on Bitcoin and Traders are Watching Closely

Sentiment-tracking data from Unbias indicates that Jim Cramer has turned completely bearish on Bitcoin, marking his last three predictions as negative. This shift has drawn attention from crypto traders who often use Cramer's commentary as an informal, contrarian sentiment indicator, known as the "Inverse Cramer" narrative. This development occurs while Bitcoin trades in the mid-$80,000 range, exhibiting choppy price action following a recent crash, with analysts noting range-bound conditions between $90,000-$93,000 resistance and $81,000-$85,000 support. Market indicators, such as the Crypto Fear & Greed Index slipping into "Extreme Fear" and spot Bitcoin ETFs seeing outflows, reinforce this cautious mood. Cramer's visibility stems from his cultural status as a meme-driven contrarian signal rather than fundamental analysis, suggesting his current bearish view reflects the market's general caution heading into the New Year.

(Source：BeInCrypto)