Mad Money's Jim Cramer Expects Bitcoin to Fall to $12,000
The host of Mad Money, Jim Cramer, has predicted that bitcoin’s price will fall to $12,000. Nonetheless, he has recommended bitcoin and ether for people wanting to invest in crypto.He was asked whether he thinks bitcoin is going to bounce from the current level, or whether BTC will go down another 50% or more.
Jim Cramer, the host of Mad Money, talked about the future outlook for bitcoin on CNBC Friday. Cramer is a former hedge fund manager who co-founded Thestreet.com, a financial news and literacy website. Microstrategy recently debunked the rumor that it is facing a margin call for a bitcoin-backed loan from Silvergate Bank and will need to liquidate some BTC.
Source
@CryptoWorldAnalysis
