Bitcoin ETF

Bitcoin

Read

<p class="is-style-lead">Economic analyst Jim Cramer asserts that Bitcoin’s recent resilience and technological prowess signal its permanence as it surges past $45,000 amid anticipation of a spot Bitcoin ETF approval.</p> 
<p>He confidently stated, “You can’t kill Bitcoin,” and emphasized its permanence, declaring it “here to stay.” Cramer further commended Bitcoin (BTC) as a “technological marvel” due to its perseverance despite challenges.</p> 
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
 <div class="wp-block-embed__wrapper"> 
  <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
   <p lang="en" dir="ltr">JIM CRAMER CAPITULATES‼️:<br><br>You can't KILL Bitcoin. It's here to stay.<a href="https://twitter.com/hashtag/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener">#Bitcoin</a> <a href="https://t.co/DQ6dlj0kDf" target="_blank">pic.twitter.com/DQ6dlj0kDf</a></p>— Swan Media (@Swan) <a href="https://twitter.com/Swan/status/1742194255676793303?ref_src=twsrc%5Etfw" target="_blank" rel="noopener">January 2, 2024</a>
  </blockquote>
  <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script> 
 </div>
</figure> 
<p> You might also like: <a href="https://crypto.news/polymarket-investors-confident-of-spot-bitcoin-etf-nod-by-jan-15/"> Polymarket investors confident of spot Bitcoin ETF nod by Jan. 15 </a> </p> 
<p>The context for Cramer’s comments lies in Bitcoin’s recent <a href="https://crypto.news/bitcoin-breaks-the-45k-zone-indicator-suggests-a-further-rally/" data-type="link" data-id="https://crypto.news/bitcoin-breaks-the-45k-zone-indicator-suggests-a-further-rally/">surge</a> above $45,000, a milestone not reached since 2022. The anticipation of imminent approval for a spot <a href="https://crypto.news/tag/bitcoin-etf/" data-type="link" data-id="https://crypto.news/tag/bitcoin-etf/">Bitcoin ETF</a> is seen as a potential catalyst that could drive the cryptocurrency’s price even higher, with expectations for approval as early as next week.</p> 
<p>Cramer’s optimism is rooted in the remarkable resilience Bitcoin has displayed over the past year, even in the face of regulatory scrutiny from entities like the US Securities and Exchange Commission (SEC) and its chair, <a href="https://crypto.news/tag/gary-gensler/" data-type="link" data-id="https://crypto.news/tag/gary-gensler/">Gary Gensler</a>. Cramer’s belief in Bitcoin’s longevity contrasts with the skepticism expressed by some notable figures, including the late Charlie Munger.</p> 
<p>Despite Jim Cramer’s bullish stance on Bitcoin, the <a href="https://crypto.news/what-is-inverse-cramer-how-cnbc-host-accidentally-created-trading-strategy/" data-type="link" data-id="https://crypto.news/what-is-inverse-cramer-how-cnbc-host-accidentally-created-trading-strategy/">Inverse Cramer</a> theory suggests caution. Some investors might interpret Cramer’s optimism as a contrarian indicator, sparking concern about market overheating. According to this theory, when Cramer expresses confidence, it could prompt a shift in sentiment, with investors turning bearish and selling positions.</p> 
<p> Read more: <a href="https://crypto.news/jim-cramers-bitcoin-prediction-flops-as-coin-posts-14-gain/"> Jim Cramer’s bitcoin prediction flops as coin posts 14% gain </a> </p>

Jim Cramer: Bitcoin cannot be killed, is here to stay

crypto.news

2024年1月2日公開の他の記事

INFINITY PARTY BATTLE service comes to an end

AI Adoption – Chief Justice Roberts’ Cautionary Outlook for the Legal System

Top 5 Events That Shook Up The Crypto Industry In 2023

U.S. SEC Expected to Make Bitcoin ETF Decision, Applicants Prepare for Potential January 10 Debut

Polkadot's Astar (ASTR) Jumps 25%, Here's Potential Reason

Anticipation Grows for Spot Bitcoin ETFs as 2024 Begins

ニュースレターを購読して暗号資産の最新情報を毎日入手！