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Jim Cramer’s Accurate Prediction: Spot Bitcoin ETFs Prove to Be a ‘Sell-the-News’ Situation

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Bitcoin’s Steady Decline

Cramer’s bearish viewpoint on Bitcoin, especially during the period when the price was struggling to maintain its position above the $40,000 mark, was quite alarming but with a valid reason.

Despite all the optimism and hope among crypto enthusiasts, and the popular catchphrase “number go up,”Cramer showcases a starkly pessimistic and ironical view of the current state of Bitcoin’s price, using the phrase “Number Go Down”.

With his views, he points out the sometimes overly simplistic and overly optimistic views within the crypto community.

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Jim Cramer's Accurate Prediction: Spot Bitcoin ETFs Prove to Be a 'Sell-the-News' Situation