While Bitcoin rose above $ 37,000 again after the correction following the Binance-USA agreement, a Bitcoin statement came from Jim Cramer, the host of CNBC's Mad Money program.
Jim Cramer, known as a reverse indicator in the cryptocurrency community, urged viewers to buy Bitcoin in the latest episode of CNBC's Lighting Round program.
“If you like Bitcoin, buy Bitcoin. That's always been my view.”
Jim Cramer's call to buy BTC, which became a reverse indicator in the community, immediately attracted the attention of the cryptocurrency community.
While there were many comments under the YouTube video, one community member said, “Bitcoin fell right after this comment, but rose again,” while another said, “Is Jim Cramer saying to buy Bitcoin?” Or buy it?” he commented.
In response, Cramer called on his users to sell their Bitcoins due to current market conditions in October.
In October, Cramer claimed that current market conditions provide a good opportunity for traders and investors to exit the cryptocurrency market. However, Cramer's latest statement contradicted his previous statement about buying Bitcoin.
Bitcoin continues to trade at $37,221 at the time of writing.
*This is not investment advice.