CNBC Mad Money Host Jim Cramer Bearish on Bitcoin (BTC): Recovery or Further Dump? The InQubeta (QUBE) Presale Nears $10 Million

It hasn’t been all sunshine and rainbows since the SEC decision on Bitcoin ETFs. After soaring past $48,000 after the launch of the market, it has been downhill from here, falling as low as $38,000.

While it has been gaining momentum and recovery appears to be in sight, Jim Cramer, CNBC Mad Money host, maintains a bearish stance. His advice: another day to sell amidst recovery signs. Nevertheless, Cramer isn’t a favorite of many in the crypto space, with an enthusiast responding to his suggestion with “The most bullish signal we could possibly ask for, thanks again, Jim. Opening 100x Long.”

Meanwhile, InQubeta (QUBE), the new ICO stirring up quite a buzz, nears the $10 million fundraising milestone after blasting through $8.5 million. Riding the popularity wave, the AI altcoin is positioned as the best new crypto to invest in.

InQubeta (QUBE): Within Striking Distance of the $10 Million Fundraising Goal

InQubeta (QUBE) has become a favorite not only among investors but also among those interested in the next big narrative. Its presale has been selling out fast, with over $8.5 million raised and a significant stride towards hitting the $10 million goal. This overwhelming presale participation is on the back of its innovative concept and staggering upside potential.

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Standing out from other options, InQubeta represents a convergence of AI and blockchain. Its vision revolves around reshaping the AI sector with blockchain technology, which has been hailed as groundbreaking. To address these challenges, notably fundraising and accessibility, it will build the first crowdfunding platform for AI startups through crypto.

Within its NFT marketplace, tech startups will mint investment opportunities, which will be represented as equity-based NFTs. These NFTs will be divided into bits (fractionalized), thereby allowing investors to become early backers of AI startups regardless of their income.

Yet to launch, you can become an early adopter of this innovative project by aping into the presale. The ICO is in its seventh stage, and a token costs only $0.0224. This top ICO is hailed as one of the best cryptos to invest in and is tipped for a 6,000% jump after its launch.

Jim Cramer: Bearish Bitcoin (BTC) Stance

Bitcoin (BTC) is the first and best cryptocurrency. As such, it is often in the spotlight, earning both praise and scrutiny from advocates, critics, and skeptics alike. In this case, the latter. Jim Cramer, the host of Mad Money on CNBC, took to X (formerly Twitter) on January 25th to air his bearish opinion about Bitcoin’s future price outlook.

He said, “Another day… another chance to roll out of Bitcoin while the Number Go Up club tries to keep it at 40,000.” His bearish stance can be inferred, advising investors to sell amid a recovery. Not a favorite of many—considering previous forecasts that haven’t quite aged well—Cramer’s prediction wasn’t met well by crypto enthusiasts.

Responding to his tweet on X, many have taken his bearish stance as bullish. A handle tweeted, “Another day… another Inverse Cramer signal telling me to buy more Bitcoin,” while another said, “Bull market confirmed.”

At the time of writing, Bitcoin has been gaining momentum. Its footing at the $40,000 support appears to be holding firm, which might propel its price. At this level, BTC has been hailed as one of the best cryptos to buy now. Investor sentiment post BTC ETF is back on the rise, positioning Bitcoin as a bullish play not to miss out on.

Conclusion

Jim Cramer might be bearish, but most of his followers aren’t. With BTC gaining momentum, it leans closer to a recovery than a dump. Meanwhile, InQubeta, a promising new ICO, is nearing $10 million in presale. Poised to skyrocket after launch, you can become an early holder through the link below.

Visit InQubeta Presale 

Join The InQubeta Communities

Keywords: investor sentiment post BTC ETF, best cryptos to buy now, best cryptocurrency, top ICO, best cryptos to invest in, best new crypto to invest in, SEC decision on Bitcoin ETF.

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Sarah Wurfel
Sarah Wurfel

Sarah Wurfel works as a social media editor for CaptainAltcoin and specializes in the production of videos and video reports. She studied media and communication informatics. Sarah has been a big fan of the revolutionary potential of crypto currencies for years and accordingly also concentrated on the areas of IT security and cryptography in her studies.

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