Jim Kramer, the former hedge fund manager, called for Bitcoin (BTC), but not his largest general holder in Microstrategy, in the last segment of Mad’s CNBC Monday evening.
“If you want to own Bitcoin, (you) have Bitcoin,” Cramer said in response to the caller during the sector. “I have Bitcoin, you have to have Bitcoin. Bitcoin is a great thing in your wallet.”
“But not Microstrategy,” it ended without further details or thinking. Microstrategy is the largest in the world for the origin of more than 417,107 Bitcoin, at a value of more than $ 48 billion at current prices, in her treasury as of Monday.
But there may be a reason for the joy of Microstrategy and Bitcoin Bears in the coming weeks. CRAMER choices often tend to move in the opposite direction in the long run, and is often seen as a historically associated signal to reverse bets.
The humorous internet theory is called “Reverse Cramer”, to create a short -term process Reverse Cramer Etf In 2022 (before closing in early 2024).
In January 2024, Kramer said that Bitcoin is likely to lead and called for an exit. The original has increased more than 100 % since then.
BTC has been trading more than $ 103,000 in the Asian morning hours, an increase of 4 % since Monday.
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