Three Weeks After Jim Cramer Sold Bitcoin, It’s Back up 26%

The Jim Cramer price momentum curse has hit again, this time in favor of Bitcoin. The CNBC analyst told his viewers three weeks ago that he planned on selling his Bitcoin. At the time, the cryptocurrency’s price had sunk to sub-$63,000, with few signs of momentum. However, the asset has now swung back towards the $77,000 range for the first time in months, and Cramer is biting his words from less than a month ago.

While Cramer never confirmed that he did sell his BTC holdings, his claim was enough to keep his notorious jinx alive, and BTC is back rallying again. As a result, the analyst reversed his stance on Bitcoin once again, telling viewers to buy the cryptocurrency directly rather than through related stocks. On Thursday, Cramer fielded a question from a viewer about Bitmine (BMNR), a corporate accumulator of Ethereum (ETH). Instead of endorsing the stock, Cramer advised the viewer to buy Bitcoin directly, suggesting that indirect exposure through crypto-related equities might not be the best approach.

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