The host of Mad Money, Jim Cramer, has predicted that bitcoin’s price will fall to $12,000. Nonetheless, he has recommended bitcoin and ether for people wanting to invest in crypto. Jim Cramer’s Bitcoin Price Prediction
Jim Cramer, the host of Mad Money, talked about the future outlook for bitcoin on CNBC Friday. Cramer is a former hedge fund manager who co-founded Thestreet.com, a financial news and literacy website.
He was asked whether he thinks bitcoin is going to bounce from the current level, or whether BTC will go down another 50% or more.
Sharing his bitcoin price prediction, he replied:
I think it goes to $12,000, where it was before this whole fiasco began.
“I think the people involved with bitcoin have to take another stand,” the Mad Money host stressed. “We need some guys to just s...
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