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It's interesting to observe how Jim Cramer continues to actively comment on the Bitcoin situation. I remember, in early February, he was quite harsh in criticizing the drop below 80,000 when the price hit 74,000 — the lowest since April of last year. Back then, he drew a line in the sand at 73,000, considering it a critical point.
Now, after a couple of months, Bitcoin is trading around 69,000. Jim Cramer was skeptical of short-term rebounds, warning that they could be manipulated ahead of major players' reports. His main stance was intriguing — he talked about a crisis of confidence in Bitcoin as a payment method due to sharp weekend crashes, but at the same time, he holds the asset himself and recommends buying Bitcoin directly rather than shares of related companies.
What stands out is that Jim Cramer prefers to respond quickly through posts on X and short segments on Mad Money, rather than giving large exclusive interviews about crashes. He is more focused on the stock market and corporate profits of tech companies. It turns out that crypto is more of a supporting asset for him rather than a primary focus. It will be interesting to see how his forecasts have played out over time.