Image Credit: New Trader U

Jan 19, 2024

Bitcoin Faces Challenges After Jim Cramer's Warning

By: Bhumi Shrivastava

Cramer predicts a potential decline, suggesting Bitcoin might be reaching its peak.

Topping Out

Image Credit:  Benzinga

Cramer's Jan. 12 tweet aligns with the subsequent dip below $41,000, validating his prediction.

Twitter Reaffirmation

Image Credit:  Bitcoin Sistemi

Grayscale Bitcoin Trust's conversion triggers over $1.5 billion outflows, adding pressure.

GBTC to ETF Shift

Image Credit:  Barron's

JPMorgan analysts express worries, estimating further outflows up to $3 billion.

JPMorgan's Warning

Image Credit:  CoinMarketCap

Peter Schiff, a crypto skeptic, warns about the impact of new SEC regulations on Bitcoin.

Schiff's Caution

Image Credit:  MoneyControl

Speculation rises about the ETF launch being a "sell-the-news event," intensifying Bitcoin's challenges.

ETF Fallout

Image Credit:  Forkast News