Cramer is no stranger to making statements that often defy prevailing trends and shatter expectations. His influence has grown so much that it has spawned the “Inverse Cramer” phenomenon, where investors do the opposite of his advice. As often as not, he has taken to live television to share his thoughts as the host of CNBC’s Mad Money.
Thus, Cramer reportedly said that Bitcoin is a winner right now and that you should own the cryptocurrency. After that, the price of BTC made a U-turn and found itself at $97,215, where it found a local bottom for now.
In a short but eloquent reaction with a laughing face and 100% emojis, Musk revealed what he thinks about the latest occurrence of Jim Cramer’s curse.
For now, Bitcoin’s next move remains uncertain, but the incident serves as a reminder of how outside voices and investor sentiment can shape the cryptocurrency’s price trajectory.
This article was originally published on U.Today
Source: Cryptocurrency - investing.com