CNBC’s Jim Cramer Issues Massive Crypto Warning, Details Brutal Price Target for BTC

CNBC’s Jim Cramer Issues Massive Crypto Warning, Details Brutal Price Target for BTC


CNBC host Jim Cramer is issuing a dire crypto warning to investors that the leading digital asset Bitcoin (BTC) could plunge toward the $12,000 range.

In a new interview on CNBC’s Squawk Box, the former hedge fund manager says prominent Bitcoin bulls and maximalists desperately need to make a stand to keep the top crypto asset by market cap afloat.

“I think the people who are involved in Bitcoin have to take another stand… we need some guys to say ‘look, this is the level.’ That’s typical of what happens when it’s about to really drop big. So they come on air and say ‘Listen, I’m a pyre…’

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They have to make a stand, they can’t let it go down anymore. Whoever the ‘they’ is,

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