Jim Cramer: Selling Bitcoin Over Quantum Threat
Jim Cramer sells Bitcoin citing quantum computing risks at $64340, sparking Crypto Twitter reactions while BTC holds bullish EMA structure.
SourceAnalysis
Jim Cramer is selling his Bitcoin holdings over quantum computing threats, a move that has Crypto Twitter celebrating the contrarian signal.
Price action on the 4h chart shows BTC at $64340.01 inside the Bollinger Bands with the upper resistance at $64547.23. The bullish EMA50 at $63771.74 and EMA200 at $63666.11 continue to anchor the trend while MACD registers a golden cross at 150.48 and RSI sits neutral at 59.74, pointing to a probable retracement toward the 50-EMA support before any extension higher. This setup keeps BTC price prediction models focused on the next macro leg rather than any immediate crypto market crash scenario.
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