As Bitcoin takes a swing at $95,000 for the first time in two months, popular crypto market analysts are assessing the sustainability of this market relief rally. Jim Cramer, the notoriously wrong financial expert and the host of Mad Money TV Show on CNBC, has offered his two cents on Bitcoin (BTC) and the broader markets rebound rally.
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This time, Jim Cramer named the positive outcome in global trade negotiations with competing countries like China as the catalyst for a sustainable recovery rally for crypto & stock markets. Moreover, soft inflation data, dropping crude oil prices and a potential Fed rate cut can add some extra fuel to the market rebound rally with major-cap altcoins following in Bitcoin’s (BTC) path.
Why Jim Cramer Expects Full-Fledged Market Recovery
As the Dow Jones Industrial Average inked 1,017 points, some of the positive momentum came after Donald Trump refuted plans to get rid of the FED Chair Jerome Powell. “When you get this kind of rally, it doesn’t happen because someone gave you the green light to start buying”, – asserted Jim Cramer on his CNBC show last night.
Certainly, Inverse Cramer believes that rebound rallies like this one are more resilient to FOMO, when buyers move markets simply because of hype. As for the global economic state, Jim Cramer has a different perspective to the references to the Great Depression back in 1932.
Despite causing a similar crash in Dow Jones Industrial Average like the one in March, 2025, history testifies that the Dow Jones index recovered from this bottom through the rest of that decade.
As for now, Bitcoin (BTC) has decoupled from the Dow Jones index along with the rest of the crypto market.
Trading at $93,641, Bitcoin (BTC) has brought in a new monthly peak today, scorching all the way to $94.320. Still 14% away from the all-time high of $108,786 just three months ago, BTC price is attempting to break through the red-label Bollinger Band (BOLL), marked at $95,710.
Certain stats flipped bullish as well, for instance the Hourly Net Taker Volume. Noticed by crypto analyst Ali Martinez, the metric surpassed $62 million today as Bitcoin (BTC) inked 6.5% gains. Ultimately, this means sufficient buying power is back to steer clear of sell blocks, as whales seem to be back as well, pushing the Chaikin Money Flow (CMF) index to 0.35 at press time.
On The Flipside
- With the strong buying pressure on the tone, the CMF index today has hit the same levels like January 25, 2025 levels, despite being $13,000 below the BTC price range then.
- Bitcoin bears, otherwise known as short-sellers, have been wiped out of $232 million in liquidations on Derivatives markets, according to real-time data from CoinGlass.
Why This Matters
Commentary from seasoned stock & crypto market experts like Jim Cramer should be taken with a pinch of salt, while the upcoming price movements of Bitcoin highly depend on the delicate combination of various technical, social and geopolitical factors.
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