Is crypto bottom-watching a fool's game? Jim Cramer wonders aloud. | Crypto

Is crypto bottom-watching a fool’s game? Jim Cramer wonders aloud.

– Jim Cramer, host of CNBC’s “Mad Money”, says he was wrong about crypto and that it is time people questioned the fundamentals.

– Cramer’s latest statements follow that in July, when the TV personality asserted that there is no real value in the crypto markets.

– In response to the bearish remarks by Cramer, the crypto community has expressed excitement.

– The idea of betting against Cramer has become so popular that an Inverse Cramer ETF Twitter account with over 91k followers keeps track of calls made by the TV personality and financial analyst so others can bet against him.

– In response to Cramers latest comments, several users on Twitter have asserted that the bottom is in for the crypto markets.

– CryptoQuant analyst Julio Moreno earlier in August, in a medium blog post, asserted that for Bitcoin to break the bear market cycle and start a bull run, there has to be an increased flow of the asset away from Coinbase to derivative exchanges, indicating an increased risk appetite.

Jim Cramer Fears China May Kill Bitcoin Dumps Almost All Of His BTC Holdings Is crypto bottom-watching a fool's game? Jim Cramer wonders aloud.

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