Jim Cramer, host of the Mad Money program broadcast on CNBC, made a prediction, said that the decline in Bitcoin will continue.
Scary Bitcoin Prediction from Host Jim Cramer. Jim Cramer, the host of the Mad Money program broadcast on CNBC, made evaluations about the collapse in the cryptocurrency markets.
Cramer, the guest of the Squawk program, suggested that the decline in the leading cryptocurrency Bitcoin is not over, and that BTC will fall to 12 thousand dollars. Cramer added that this decline is quite normal.
He argued that the presence of Galaxy Digital CEO Mike Novogratz, who considered the decline in Bitcoin as a buying opportunity, and MicroStrategy CEO Michael Saylor, who called for investment in Bitcoin, on CNBC was just a show.
Making fun of Joe Kernen, who stated that Bitcoin is the representation of blockchain technology, Cramer stated that Bitcoin is “nothing”.
Source: Coinkolik
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