Jim Cramer's latest stance on Bitcoin has turned 100% bearish, according to sentiment data from Unbias.

The change immediately caught the attention of crypto traders, not because Cramer dictates the direction of Bitcoin, but because his assessments have become an unofficial sentiment indicator in the market.

Inverse Cramer narrative in full flow?

Data shows that Cramer's last three Bitcoin forecasts were all bearish, and it pushes his short-term view into what Unbias refers to as “perma-bear” territory.

Historically, such moments tend to spark debate in the crypto community, where Cramer's comments often trigger the well-known “Inverse Cramer” narrative.

The latest turn comes while Bitcoin is trading in the mid $80,000 range.

Since the crash on October 10, price development has been uneven and defensive.

Analysts generally describe the market as range-bound, with resistance near $90,000–$93,000 and support levels closer to $81,000–$85,000.

The failure to regain higher levels before year-end has weighed on short-term sentiment.

All signs point to a Bitcoin bear market?

Market indicators reinforce the cautious impression. The Crypto Fear & Greed Index has recently fallen into 'Extreme Fear,' reflecting risk aversion rather than panic investing.

At the same time, spot Bitcoin ETFs have recorded consecutive daily outflows leading into the Christmas week, signaling reduced institutional appetite as investors take profits and rebalance their portfolios before year-end.

In light of this, Cramer's bearish turn fits today's sentiment — but it also explains why his views remain so visible in the Bitcoin community.

As a long-time host of Mad Money, Jim Cramer has become a cultural reference point for crypto traders.

His clear, short-term assessments often clash with Bitcoin's cyclical nature, turning his comments into a meme-driven contrarian signal rather than traditional analysis.

This dynamic has persisted through several market cycles. When Cramer becomes confident in one direction, crypto traders often interpret it as a sentiment extreme rather than a forecast.

Leading up to New Year's week, analysts expect low liquidity and increased volatility. The direction of Bitcoin may depend on whether the ETF inflow stabilizes and if the price can regain the $90,000 level after the positioning related to options is clarified.

Until then, Cramer's 100% bearish assessment may say less about Bitcoin's fundamental conditions — and more about how cautious the market feels heading into 2026.