November 27, 2023

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Jim Cramer Endorses Williams' Bearish Call as Bitcoin Dips

January 20,  2024

By: Pooja

In a recent statement, Jim Cramer shared the views of Larry Williams on the cryptocurrency market. Williams reportedly anticipates a continued downward trend in the market.

Shared Views on Cryptocurrency Market

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Social Media Statement

Cramer made the statement about Larry Williams' views on the cryptocurrency market on a social media platform, highlighting the increasing role of social media in disseminating financial information.

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Previous Quote on Bitcoin Peak

On January 12, Cramer had previously quoted Williams, suggesting that there was a major local peak in the price of Bitcoin.

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Bitcoin Price Decline

Since Cramer's quote on January 12, the price of Bitcoin has indeed experienced a decline, dropping to $41,375 at the time of the latest statement.

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Perceived Accuracy

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The subsequent price decline has led to increased credibility and positive commentary on the accuracy of Williams and Cramer's predictions.