Ah, Jim Cramer, the maestro of mayhem, the sultan of sensationalism, the king of… well, you get the idea π. Every day, he’s like a dog chasing its tail, barking loudly, and making headlines with his unorthodox and often alarming opinions. And today, he did it again! π€¦ββοΈ
In his latest missive, Cramer proclaimed to his audience that crypto was “due for a push today,” while Bitcoin was busy sitting pretty at $, πΈ. Ah, but the market, in all its infinite wisdom, had other plans π€. Within the hour, the price action did a , slipping to $, BTC, down .%. Not a catastrophic collapse, perhaps, but enough to show that Cramer’s call was, yet again, instantly inverted π.
Traders, of course, are well-versed in the pattern – the so-called “Inverse Cramer” trade, where whatever the popular CNBC host predicts ends up happening in reverse π€£. It’s like the market is playing a game of “Simon Says” with Cramer, and every time he says “go,” the market says “nope, not today!” π ββοΈ
Well, aside from the memes, Cramer’s words were laced with a healthy dose of drama π₯. He compared the market setup to the bubble and called it “where the cockroaches are,” which, let’s be honest, is a rather… vivid metaphor π. It was meant as a warning, but paired with the idea of an upward push, which, of course, made the failure all the more spectacular π€―.
The market, in its infinite wisdom, tested Cramer’s line in real-time and promptly rejected it with consecutive red candles π₯. Whether it was a real move or just a fleeting moment of market mischief remains open to speculation π€.
For now, the Bitcoin chart seems to be telling a tale of its own π. In a wide range formed after Oct. , $, BTC is the line that needs to hold, or sellers will gain the upper hand π, while $, BTC is the resistance that bulls have been unable to reclaim π«.
And so, between those levels sits the evidence of the day: Cramer called for a push, Bitcoin slipped instead, and once again, the market gave the “Inverse Cramer” trade more fuel to keep the joke going π.
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2025-10-22 15:05