Jim Cramer has shifted to a 100% bearish stance on Bitcoin, according to sentiment-tracking data from Unbias.
The change has drawn immediate attention from crypto traders who monitor Cramer’s views as a market sentiment signal.
Data shows Cramer’s last three Bitcoin calls have all been bearish, placing him in what Unbias categorises as “perma-bear” territory.
The development has reignited discussion around the so-called “Inverse Cramer” narrative within crypto communities.
Traders often treat Cramer’s emphatic calls as sentiment extremes rather than direct forecasts.
Bitcoin is currently trading in the mid-$80,000 range following weeks of choppy price action.
The market has struggled to regain momentum since the October 10 sell-off.
Analysts describe Bitcoin as range-bound, with resistance between $90,000 and $93,000.
Structural support is seen closer to the $81,000 to $85,000 zone.
The failure to reclaim higher levels before year-end has weighed on short-term sentiment.
Broader market indicators point to a defensive trading environment.
The Crypto Fear and Greed Index recently slipped into “Extreme Fear” territory.
The reading reflects risk aversion rather than aggressive dip buying.
Institutional behaviour has also turned more cautious.
Spot Bitcoin exchange-traded funds recorded consecutive daily outflows heading into Christmas week.
The ETF withdrawals suggest investors are locking in gains and rebalancing portfolios before year-end.
Reduced institutional demand has added pressure to already fragile sentiment.
Against that backdrop, Cramer’s bearish stance appears aligned with prevailing market mood.
However, it also explains why his views continue to attract outsized attention.
As host of Mad Money, Cramer has become a cultural reference point in crypto trading circles.
His confident short-term calls often contrast with Bitcoin’s longer cycle-driven behaviour.
This contrast has turned his commentary into a meme-driven contrarian indicator for some traders.
The pattern has persisted across multiple market cycles.
When Cramer expresses strong conviction, traders often interpret it as a signal of sentiment extremes.
Market participants are now looking ahead to the New Year period.
Analysts expect thin liquidity conditions to persist into early January.
Lower liquidity could amplify price swings in either direction.
Bitcoin’s near-term direction may depend on whether ETF flows stabilise.
A sustained move back above $90,000 is seen as key for improving sentiment.
Options-related positioning is also expected to influence short-term volatility.
Until clearer signals emerge, traders remain cautious.
Cramer’s fully bearish view may reflect broader uncertainty rather than fundamental deterioration.
For many in the market, the stance highlights how cautious sentiment has become heading into 2026.
At the time of reporting, Bitcoin price was $87,628.84.