bitcoin

CNBC’s Mad Money host Jim Cramer trades his Bitcoin asset

American TV personality and host of Mad Money on CNBC Jim Cramer has liquidated most of his Bitcoin (BTC) assets following China’s FUD.

The Street.com co-founder told CNBC Squawk Box that bitcoin has some structural difficulties and its price might plunge even further.

He revealed that he traded almost all his bitcoin assets. 

“$30,000 intraday, look out, gotta hold. Maybe the buy point,” Jim Cramer said. “I’m not going there, sold almost all of my bitcoin. Don’t need it.”

Meanwhile, Stock to flow creator, PlanB believes that bicoin might reach $135k by December based on their worst-case scenario analysis.

Quite an interesting forecast to make at a time like this.

NEXT: VGA Agents Business Units refutes the lax Crypto oversights by Times Malta

About Godwin

Godwin is a multi-faceted writer. He covers the latest and most significant news in the crypto industry for Newsbsc. Aside from his work here, he writes exceptional SEO optimized web contents for other websites in different sectors.

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