‘Reverse Indicator’ Cramer’s Bitcoin Price Statement: Buying Opportunity!

CNBC’s beloved commentator Jim Cramer has once again addressed Bitcoin on his “Stop Trading” program. Despite recent declines, Cramer remains optimistic about Bitcoin’s future. Drawing attention to BlackRock’s #Bitcoin ETF, Cramer pointed to a potential buying opportunity at $90,000. Cramer also emphasized Robinhood’s role in attracting young investors. These comments came after a remarkable post by Bitcoin historian Pete Rizzo. Rizzo revealed that Bitcoin has increased by approximately 473% in market value since Cramer called Bitcoin a “fraud” nearly two years ago.

In January 2023, when Bitcoin was trading above $16,000, Cramer described Bitcoin as “fake and a scam.” He also claimed that crypto prices are “supported by people who want to support them.” Cramer is familiar with crypto investing, having previously invested in #Bitcoin , #Ether , and NFTs. However, he had sold all of his crypto assets before January 2023. By January 2025, Bitcoin was trading at over $97,000. At the time of Cramer’s statement (according to the CNBC “Squawk on the Street” video clip shared by Rizzo), Bitcoin was trading at $16,807. According to this data, the leading cryptocurrency has gained approximately 473% since then.

Jim Cramer’s statements have become a joke in the crypto space. Because the “Jim Cramer contrarian indicator” is a popular concept among some investors that suggests that doing the opposite of what Jim Cramer suggests on CNBC’s ‘Mad Money’ program will lead to profitable investments. This idea is notable for some of Cramer’s past stock picks. It stems particularly from observations and analysis of market calls.

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