Jim Cramer predicts a Bitcoin at $ 20,000
Mad Money show host Jim Cramer predicts that Bitcoin will reach a price of $ 20,000 before the end of the year. Few names resonate more in financial circles than Jim Cramer.
And the fact is that the host of the CNBC program, Mad Money, has become a true character in the sector. However, what few know is that Cramer is also a crypto user. What is evident in the Tweet of the day, in which Jim Cramer predicts a Bitcoin at $ 20,000 by the end of this year
Jim Cramer trusts Bitcoin
If anyone has moral authority and intellectual prestige in the world of finance, it is Jim Cramer. And, for years Cramer has been the host of one of the most important programs on American television, Mad Money. In which he is dedicated to analyzing the situation of the financial markets and offering investment advice to his viewers.
And in recent months, Jim Cramer has begun to show sympathy for an unconventional type of financial asset. Thus, the driver of Mad Money, after being convinced by the crypto influencer Anthony Pompliano, decided to invest in the main cryptocurrency in the world, Bitcoin.
An investment that, to date, has been incredibly lucrative for him. Well, thanks to the new big bullish rally in the price of Bitcoin, the amount of money that Jim Cramer invested a few months ago, has already increased considerably.
As the cryptocurrency continues to increase in value by hundreds of dollars every day. Which has led Cramer to be definitively convinced of the potential of Bitcoin, predicting that the virtual currency will reach $ 20,000 by the end of the year:
“Bitcoin will hit $ 20,000 by the end of the year.”
This tweet would not only be the expression of Jim Cramer’s confidence in the future of Bitcoin. If not in addition, a sample of the change in attitude experienced in the institutional sector of the financial market. Which has started to see BTC more as a solid asset that can be invested in thinking about the long term. And no longer as a merely speculative asset or a technological curiosity.
Disclaimer: This press release is for informational purposes information does not constitute investment advice or an offer to invest. The views expressed in this article are those of the author and do not necessarily represent the views of infocoin, and should not be attributed to, Infocoin.