{"id":172381,"date":"2023-03-14T13:27:39","date_gmt":"2023-03-14T13:27:39","guid":{"rendered":"https:\/\/precoinnews.com\/?p=172381"},"modified":"2023-03-14T13:27:39","modified_gmt":"2023-03-14T13:27:39","slug":"jim-cramer-calls-btc-a-strange-animal-says-i-would-sell-my-bitcoin-right-into-this-rally","status":"publish","type":"post","link":"https:\/\/precoinnews.com\/bitcoin\/jim-cramer-calls-btc-a-strange-animal-says-i-would-sell-my-bitcoin-right-into-this-rally\/","title":{"rendered":"Jim Cramer Calls $BTC \u2018A Strange Animal\u2019, Says \u2018I Would Sell My Bitcoin Right Into This Rally\u2019"},"content":{"rendered":"<p>On Monday (March 13), with Bitcoin trading above the $24,000 level, former hedge fund manager\u00a0Jim Cramer shared his thoughts on Bitcoin\u2019s post-SVB collapse rally, which has taken the $BTC price from around $19,616 to $24,691 (which is where it is now).<\/p>\n<p><img decoding=\"async\" class=\"aligncenter\" src=\"https:\/\/cryptoglobe.s3.eu-west-2.amazonaws.com\/2023\/03\/BTCUSD_2023-03-14_11-06-15-1-1280x533.png\"><\/p>\n<p>Cramer hosts the CNBC show \u201cMad Money w\/ Jim Cramer. \u201c He is also a co-anchor of CNBC\u2019s \u201cSquawk on the Street, \u201cas well as a co-founder of the financial news website\u00a0TheStreet.<\/p>\n<p>On December 23, 2022, during an appearance on CNBC\u2019s \u201cSquawk on the Street,\u201d Cramer told the program\u2019s anchor, Carl Quintanilla:\u00a0<\/p>\n<p>\u201c<em>One of the reasons why I\u2019m upset, and I think the SEC should be a little more over these things, is when we look at a filing of a stock, you know who owns it. We don\u2019t know what this guy is\u2026<\/em><\/p>\n<p>\u201c<em>I mean, I sold all my crypto. I announced everything on TV that I did with crypto, but I would not touch crypto in a million years.<\/em>.. \u201c<em>Try to get your money out\u2026 I\u2019m not going to mention the firm that I had my money in, but it was a fight to get the money out. A fight. And i think that everybody who owns these various coins, you know, Solana, Litecoin, I do think you\u2019re an idiot\u2026 I did not go to college to get stupid. These people who only these things should not own them<\/em>.\u201d<\/p>\n<p>Then, on January 9, 2023, he told his 1.9 million Twitter followers that this was a good chance to get out of crypto, which prompted Dan Held, Bitcoin educator and marketing advisor at Trust Machines, to say that Cramer\u2019s comment meant that the crypto market had bottomed:<\/p>\n<p>According to data from TradingView, since that tweet, the price of Bitcoin has gone from $17,276 to $24,691, which is a gain of around 34.5%:<\/p>\n<p><img decoding=\"async\" class=\"aligncenter\" src=\"https:\/\/cryptoglobe.s3.eu-west-2.amazonaws.com\/2023\/03\/BTCUSD_2023-03-14_11-21-06-1-1280x533.png\"><\/p>\n<p>In yesterday\u2019s \u201cMad Money\u201d episode, Cramer called Bitcoin \u201ca strange animal\u201d, and seemed totally unimpressed by Bitcoin\u2019s post-SVB-collapse rally:<\/p>\n<p>\u201c<em>I would sell my Bitcoin right into this rally.<\/em>\u201c<\/p>\n<p>This led former Blockstream CSO Samson Mow to joke that Cramer\u2019s latest comments suggest that the Bitcoin price is headed to a new all-time high:<\/p>\n<p>Source: <a href=\"https:\/\/www.cryptoglobe.com\/latest\/2023\/03\/jim-cramer-calls-btc-a-strange-animal-says-i-would-sell-my-bitcoin-right-into-this-rally\/\" target=\"_blank\" rel=\"noopener\">Read Full Article<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>On Monday (March 13), with Bitcoin trading<\/p>\n","protected":false},"author":3,"featured_media":172380,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[47],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.7 - 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