Jim Cramer's latest outlook on Bitcoin has completely turned bearish, according to sentiment tracking data from Unbias.
This change immediately attracted the attention of the crypto trading community, not because Cramer can control the direction of Bitcoin, but because his predictions are often seen as an unofficial sentiment indicator in the market.
Is the inverse Cramer story playing out strongly?
Data shows that Cramer's three most recent predictions about Bitcoin are leaning bearish, placing his short-term outlook in the 'long-term pessimistic' group according to Unbias classification.
Typically, such moments spark many debates on crypto social media platforms, where Cramer's remarks often lead the community to recall the famous 'Inverse Cramer' story.
This turnaround occurs when Bitcoin is fluctuating around the 80,000 USD mark.
Since the price drop on 10/10/2023, Bitcoin's price has mostly moved sideways and the defensive trend is dominant.
Analysts view that the market is currently fluctuating within a range, with resistance around 90,000–93,000 USD and support around 81,000–85,000 USD.
The inability to regain previous higher price levels before the end of the year has negatively impacted short-term sentiment.
All signs indicate that Bitcoin is entering a bear market?
Market indicators also show that cautious sentiment still prevails. The Crypto Fear & Greed Index has recently fallen into the 'Extreme Fear' zone, reflecting a risk-averse attitude rather than a panic buying sentiment.
At the same time, Bitcoin spot ETFs have also recorded continuous outflows during the Christmas week, reflecting that institutional demand has decreased as they take profits and rebalance their portfolios at year-end.
In this context, Cramer's shift to a completely pessimistic outlook is quite consistent with market sentiment – explaining why his views are still frequently noted by the Bitcoin community.
Jim Cramer, the long-time host of Mad Money, has become a familiar cultural figure for crypto traders.
However, his bold short-term views often go against Bitcoin's cyclical nature, so his comments are often seen more as a 'contrarian indicator' rather than traditional analysis.
This has repeated across many market cycles. When Jim Cramer expresses excessive confidence in one direction, crypto traders often view it as the peak of sentiment rather than a market trend forecast.
Looking towards the first week of the new year, many experts believe that liquidity will be low and price volatility high. The direction of Bitcoin may depend on whether the inflow into ETFs rebounds, and whether the price can exceed the 90,000 USD mark after the options-related positions are released.
Until then, Cramer's 100% pessimistic assessment may not say much about Bitcoin's fundamentals – but rather reflects the market's caution ahead of 2026.
