The so-called “inverse Cramer curse” is a theory that stocks or other investments tend to dip in value shortly after a public endorsement by financial pundit Jim Cramer. This theory has widely held as true since it was first introduced in the late 1990s when Cramer was a financial analyst at a large Wall Street firm.
There is no indication that the inverse Cramer curse has been observed on Bitcoin so far. However, it is possible that it could come to fruition as Cramer recently shifted his opinion on Bitcoin from negative to bullish. As Cramer’s newfound enthusiasm for Bitcoin spreads, it may be possible that some investors become overconfident and drive up the price before it comes crashing down, thus fulfilling the inverse Cramer curse criteria.
At this point, it is only speculation as to whether the inverse Cramer curse will still play out. It is impossible to predict whether the curse will be enacted on Bitcoin in the near future. Until investors begin to take Cramer’s advice, the effectiveness of the curse will remain unknown.
