Will one of our favorite uncles Jim Cramer be proven correct in this prediction or will we witness another big pump on Monday? The Inverse Cramer tactic has more than 70% winning percentage, I reckon hehehee.
Higher than that I think? Probably more like 90-95%. The only thing I'd be cautious of is if he's incorrectly called a top in Bitcoin over 10/20 times in 2023... you could argue he's "due" a correct prediction.
(I'm well aware that's not how statistics work, as the odds would still remain 5-10% being correct, but I would also never trust 90-95% accurate once over 10/20 predictions have been correct...)Either way, just bare in mind that while Cramer is well worth counter-trading, similar to Peter Schiff and others, even
broken clocks are right twice a day.
I reminds me of Il Capo, he's been talking about $12K since 2022, and been consistently wrong since then (throughout 2023). Now he's suggesting a local top and return to $30K, and while many are continuing to laugh at him, as he's been consistently wrong (100% of the time) since 2023, I wouldn't be surprised if he *finally* get's a prediction right simply based on dumb luck.
If not obvious, when speculators consistently call local tops in the market every week, they'll eventually be right once the bull trend is over. Then they obviously brag about calling the top correctly
