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Stock impact report

Jim Cramer turns 100% bearish on Bitcoin [Yahoo! Finance]

Coinbase Global, Inc. - 3Class A (COIN) 
US:NASDAQ Investor Relations: convertedorganic.com
Company Research Source: Yahoo! Finance
Third-party tracker Unbias, which logs Cramer's Bitcoin-related posts, shows his recent calls leaning bearish. But the trading community thinks this could be a good thing for bitcoin. Unbias' dashboard categorizes several of Cramer's most recent BTC entries as bearish or “bearish (nuanced),” indicating a permanently bearish stance on the leading cryptocurrency across his latest batch of tracked calls. Cramer's recent BTC commentary has focused less on long-term adoption narratives and more on market structure and leverage, warning about derivatives and heavily indebted “bitcoin pseudo-companies,” in Unbias' archived posts. Holiday debt could make January a stress test for markets Coinbase, Ripple urge Senate Committee to preserve 'genius' rewards Analyst who nailed 2021 market collapse predicts incoming Bitcoin crash The “Cramer curse” is a nickname traders use for the idea that assets Jim Cramer strongly praises or criticizes often move in the opposite direction soon aft Show less Read more
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