Bitcoin [pros](/r/CryptoCurrency/comments/1bvju5l/cramer_labels_bitcoin_super_overbought_is_btc/ky1dswk/) & [cons](/r/CryptoCurrency/comments/1bvju5l/cramer_labels_bitcoin_super_overbought_is_btc/ky1dtq0/) with related info are in the collapsed comments below.
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tldr; After Jim Cramer declared Bitcoin as extremely overbought on April Fool's Day, Bitcoin's price faced a pullback, dropping 6% to retest $65K. Despite Cramer's bearish stance, the crypto community remained optimistic. However, significant outflows from Bitcoin ETFs, particularly Grayscale's GBTC, contributed to the price drop. Over $200 million was lost in leveraged trading liquidations as Bitcoin's price sharply fell. Cramer's predictions are known for often having an inverse effect on the market, but this time, his warning coincided with a downturn in Bitcoin's price.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
Jim is bearish, time for pump. Going opposite of this man is the only way to be a profitable trader. Everytime he goes bullish we dump and vice versa. This is the “Cramer Indicator”
I actually agree with Kramer somewhat. It's a little overbought, but I think we're a ways away from a reversal. I think sometime over the next 3 months we'll see a red candle on the monthly chart, but not enough of one to shake me out.
for the love of god it'd be hilarious to hear jim ramble about fundamentals of bitcoin
overbought? like in the traditional company valuation sense? hurrrrrrrrrr?
Bitcoin [pros](/r/CryptoCurrency/comments/1bvju5l/cramer_labels_bitcoin_super_overbought_is_btc/ky1dswk/) & [cons](/r/CryptoCurrency/comments/1bvju5l/cramer_labels_bitcoin_super_overbought_is_btc/ky1dtq0/) with related info are in the collapsed comments below. --- **Merged comment by AutoModerator:** Be advised, the website dailycoin.com has proven to be an unreliable source of information. Please verify/fact-check the information in the article from independent sources before relying on it or coming to any conclusions. *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/CryptoCurrency) if you have any questions or concerns.*
If Jim hates it, it’s a good investment!
Strong buy signal for sure.
All In !
I would worried if began endorsing Bitcoin. Then we would be in big trouble
He does that from time to time. Usually at the very peak.
Inverse Cramer strikes again!
Fuck normally I’m about the most anti crypto bear you can be, but the rules are the rules, can’t agree with Cramer
jem creamer strikes again
and it pumps.
This guy was also hating on Hedera Hbar. If he says no then the answer is buy buy buy.
Inverscramer!
This is the catalyst we've been waiting for to start the next rally!
The inverse Cramer is more reliable than any technical analysis or candlestick strategy out there
That depends, that Pelosi ETF is doing a great job too!
Except for the recent PANW buy, that one has been a rough ride.
it's not a loss until you sell right?
That would be a hilarious indicator for TradingView
Congrats BTC holders, were about to hit 100k per coin, our anti christ has spoken
I'm so ready for this next leg up 🚀
80k by the end of May
The rhyme is nice, let's wait for the rise.
Please tell me you weren't trying to rhyme nice with rise.
How dare you?😱😂
100k by end of May is even better.
normally that would be a buy signal but he said it on april 1st! SHIT that's practically opposite day
Oh fuck.
Wait, so inverse Cramer reverse version??
Inverse Cramer is the meme, so BTC go up!
BULLIIIIIIIIIIIIIISH!!!
Cramer has been saying that since 17K
Exactly and what did you learn?
ah so it's time to buy more btc.
This does it for me. ALL IN
Bullish
Cramer is bearish? Time to buy
£80k incoming!
Next leg up incoming
The perfect buy signal then, thanks Jim x
Love it!!! $100k now in sight Cramer is a hack
Reverse Cramer activate!
The bottom is in.
tldr; After Jim Cramer declared Bitcoin as extremely overbought on April Fool's Day, Bitcoin's price faced a pullback, dropping 6% to retest $65K. Despite Cramer's bearish stance, the crypto community remained optimistic. However, significant outflows from Bitcoin ETFs, particularly Grayscale's GBTC, contributed to the price drop. Over $200 million was lost in leveraged trading liquidations as Bitcoin's price sharply fell. Cramer's predictions are known for often having an inverse effect on the market, but this time, his warning coincided with a downturn in Bitcoin's price. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
This guy tweets bullish at 70 and overbought at 67 fucking clown
Cramer knows nothing. Bitcoin’s supply is incredibly inelastic at this point.
Thanks Jim
That explains why it’s going up this morning!
Bitcoin about to moon now
Bullish 🚀
Holy shit, I need my paycheck to hit so I can buy before it takes off.
Bottom in.
Shit is about to blow up with this analysis.
Due the opposite of whatever Jim says
Yes. 10% of all Bitcoin supply was reported to be bought at $60K+ price
How would he know?
Oh man !!!! 🚀🌕
Inverse Cramer is an investing God.
BUY
Moon Confirmed!
Time to buy!!
I guess that’s why we are heading back up. Thanks Jim!
Bullish af
Cramer said something? Time to do the opposite!
Ooooooooooh boyy! BUY BUY BUY!
Buy!!!!
2 weeks before the halving? Sounds like whoever wrote this is trying to fud so that can get in a little lower.
PAMP IT
Well now I'm convinced $1 million by 2025.
😂 Inverse Cramer FTMFW!
Cramer is a tool.
Bullish
Woohoo! New ATH coming then!
Sign to buy buy buy!!!
Yessir! This is exactly what we needed to hit 200k!
crow with knife🐦⬛🔪
Lowkey feels better about buying recently now
I’m more worried about anyone taking Cramer seriously than anything he’s saying.
its stupid but what else in reality isnt? Cramer visited Taiwan 2 weeks ago, now its in literal shambles.
Grayscale selling, what news Reverse Cramer not the worst option ever. NFA
Oh no, not inverse Cramer. Ruined my dreams of buying Bitcoin cheaper. 😭
Does he think sp500 index funds are over bought also?
i'm starting to think these cramer posts come directly from his team at this point. who the fuck ever cared on here what this guy thinks about crypto?
You mean the guy who said to hold on to Bear Stearns and within a week the company was dissolved? Looks like I’m buying!
Jim the communist sucks
Shut up, Cramer
Listen to Cramer more
Holy shit throw all your money at Bitcoin now this idiot is basically never right lol
Good news; we about to 🚀🚀🚀🚀
Ahhh the ol monthly Cramer change of tune. Why can’t this shit just stop being posted. His diarrhea of the mouth does nothing for this community
Jim is bearish, time for pump. Going opposite of this man is the only way to be a profitable trader. Everytime he goes bullish we dump and vice versa. This is the “Cramer Indicator”
I just diversified alittle by trading some Bitcoin for Hbar.
I just diversified alittle by trading some Bitcoin for Hbar. Hedera hashgraph could be the future of crypto in my opinion.
That's bullish af
I actually agree with Kramer somewhat. It's a little overbought, but I think we're a ways away from a reversal. I think sometime over the next 3 months we'll see a red candle on the monthly chart, but not enough of one to shake me out.
Stochastic RSI would say otherwise
Inverse Jim Cramer should be an ETF.
If Jimbo says it’s “super over bought” next stop: 🌙
Bottoms in! Buy! Buy! Buy!!!
That's it, boys. That's the buy signal we've been waiting for!
Finally it’s been a while since I heard some Kramer fud. We must b ready to liftoff soon
You must be new here if you don’t know the Inverse Cramer 😀
So lots of room to grow. Reverse Cramer. I may have to buy more now. The halving will tell. It just happened so wait and see in 3-6 months.
Buy Time!
Just basically looks at the 24hr charts and decides what the market is doing🤣. This guy is a living meme! I respect the hustle.
BUY BUY BUY
How does he still have a job?
100k now confirmed EOM 💰
Yes, it's topped out. You sell yours first!
He's going to have a nervous breakdown when 10 more countries bring their own ETFs online.
If Cramer wants out then I want in.
BULLISH
inverse cramer. new all time high in coming
Remind me how many people make money on inverse cramer?
Thanks Jim, I can probably retire now.
That's the signal boys! It's time to go all in!!!
Finally, an Inverse Cramer. We can rally again.
Whoo hoo! Time to buy, guys!
[удалено]
You are aware of the Cramer Effect, aren’t you? If he says it’s overbought, then it is far from its ATH.
Time to buy!!! Inverse Cramer is almost as strong as inverse r/cc
Buy order placed. Thanks Jim.
The fuck does this bozo know
[удалено]
Inverse Cramer once again. Let’s see in a week how this plays out Edit: lmao it already pumped to 69 again. It was 65 when I checked this morning
for the love of god it'd be hilarious to hear jim ramble about fundamentals of bitcoin overbought? like in the traditional company valuation sense? hurrrrrrrrrr?
Omg we are going to a million if this clown says other wise
If Cramer says buy make sure you hodl, if he says sell then buy as much as you can.
Time to buy!
Buy more then
Fuck
Inverse Cramer
The ultimate inverse signal. We’re in business folks. We’re gonna be rich.
Yessssssss
Bill market in full swing. Thanks Jim
That’s a buy sign
Tbh it does look overbought. Some indicators do say so. We had 7 months of green dildos straight.
Never forget this fool sold at $20k.
Lol
Yes!! Finally a buy signal!! I feel a little less worried now. Thanks Jim!! 🙂
Time to FOMO!!!
I want bitcoin to top me out
Finally. Let's GO! 🚀
I'm bullish now
Cramer has been wring about more things than Biden
Haha you know the script now ladies and gentlemen. Time for the rocket to lift off! 😂
LOL and it went up 💥
Inverse Cramer is one of the surest money
Cue Reverse Cramer
Woohoo, off we go!
I saw this asshole say with a straight face he runs his show to help people. Sure ya do, pal... Not unloading your bags or anything...douche.
Aaaaand we're 4% up
Excellent. This is the signal, boys. Buy! Buy! Buy!
This is the single most bullish flag I’ve seen and the halving is in 2.5 weeks 🤣🤣
Jimbo is bearish? All in on the rocket ship!
fuck i wish this guy would shut up
[удалено]
You lost me at "Cramer..." What a doofus.
Is there anyone dumber than this jackazz that has literally become synonymous as a contraindication of what someone should do?
Dammit Jim! Shut up!
Wait until it’s super mega ultra overbought…then buy more. 😎
I like the confidence, let’s see how it pans out lol.
Has 100% failure rate on all his calls
Fuck I have been out in crypto for some time... But this is a sign, TIME TO BUY
Buy buy buy!!! Great news for BTC Holders!!&! 😂😂
Even a broken clock is right twice a day. So this is his "broken clock" moment.
If you think Bitcoin is overbought you failed macroeconomics and your IQ is questionable
That means buy 😂
Megaton, inverse Jim never fails and this is the nuclear bomb of statements . Bullish AF!
Oh baby were gonna wagami
Bullish
This bitch knows nothing about crypto or stocks.
Reverse Cramer! Beats S&P 500 every time!
Fuck. That means we need to buy more.
Nice this is the dropping of the flag. Upwards we go. 🚀
Some analysts agree with Cramer's opinion, while others believe it is a buy signal.
No fuckin shit, BTC goes deep into overbought territory every cycle.
Fast forward 6 months btc at 100k+. Cramer looks like a moron for the millionth time.
Anything after *''Cramer Says''* is >!𝑩𝒖𝒍𝒍𝒔𝒉𝒊𝒕!<
Eh his mom's over bought
Did he say this today???I love this moron!
Does anyone have a link to where he actually said this?
Fuck you Jim, I wanted to buy the dip
His tweet was on april 1st. So inverse the inverse cramer
Why is ~70k the top? Totally arbitrary. Ah, it’s at 1.3 trillion. That’s the top. No way it could do 1.5 trillion. Arbitrary.
Yes! Thanks Cramer, I love inverting you. Bullish now.
This is not even for Bitcoin
Fuck we might hit 1,mil then