According to sentiment data from Unbias, Jim Cramer is now 100% bearish on Bitcoin.

This shift immediately caught the attention of crypto traders. Not because Cramer determines the Bitcoin price, but because his predictions are often seen as an unofficial sentiment indicator in the market.

Inverse Cramer narrative in full swing?

Data shows that Cramer's last three Bitcoin predictions were all bearish, leading Unbias to label his short-term outlook as a “perma-bear.”

Historically, such a moment often leads to much discussion on crypto social media, where Cramer’s statements frequently ignite the well-known 'Inverse Cramer' narrative.

This development comes at a time when the Bitcoin price is fluctuating around the mid-$80,000s.

Since the crash on October 10, the price has remained volatile and cautious.

Analysts generally describe the market as range-bound, with resistance around $90,000–$93,000 and support at $81,000–$85,000.

The lack of a rise to higher levels before the end of the year weighs on short-term sentiment.

Do all signals point to a Bitcoin bear market?

Market indicators reinforce this cautious sentiment. The Crypto Fear & Greed Index recently dropped to 'Extreme Fear,' indicating that risks are particularly being avoided and panic buying is not occurring.

At the same time, spot Bitcoin ETFs showed consecutive daily outflows during the Christmas week, indicating less institutional interest as investors take their profits and rebalance portfolios just before the end of the year.

Against this backdrop, Cramer’s bearish stance fits the prevailing sentiment — but it also explains why his opinion remains so visible in Bitcoin circles.

As the regular host of Mad Money, Jim Cramer has become a cultural reference for crypto traders.

His striking, short-term statements often clash with the cyclical nature of Bitcoin, making his comments more like a meme-like contrarian indicator than classic analysis.

This effect has already been observed in multiple market cycles. When Cramer becomes convinced of one direction, crypto traders often see it as a sentiment outlier rather than an actual prediction.

Looking at the week around New Year's, analysts expect thin liquidity and greater volatility. The direction of Bitcoin is likely to depend on the stabilization of ETF flows and whether the price can reach the $90,000 level again after options-induced positions have been closed.

Until then, Cramer’s 100% bearish position likely says less about Bitcoin’s fundamentals — and more about how cautious the market feels towards 2026.