Bitcoin Over $103K: Cramer Dismisses $200K Hype, Xanrox Sees $122K Cycle Top

Despite market optimism, Jim Cramer dismisses Bitcoin’s $200K target, calling it unrealistic. Bitcoin hits $103K amid U.S. trade easing, but trading volume drops over 21%. Analyst sees BTC peaking near $122K before a bearish correction per Elliott Wave model. CNBC’s Jim Cramer has dismissed speculation that Bitcoin could go above $200,000 this year, calling such predictions unrealistic. His comments come as the crypto market is gaining renewed growth, with Bitcoin rising above $103,000. Cramer’s remarks also follow a shift in financial sentiment sparked by changes in U.S. trade policy under President Donald Trump. https://twitter.com/cryptobeastreal/status/1922366733928571207 Cramer pointed to the recent market recovery as a response to Trump’s move to ease tariff pressures, a departure from earlier expectations of a more aggressive approach. The rollback of proposed tariffs on key trading partners, including China, led to a large rebound across major U.S. stock indexes. Cramer argued that those who expected the market to collapse under renewed trade tensions misjudged the administration’s direction. However, he emphasized that this recovery doe… The post Bitcoin Over $103K: Cramer Dismisses $200K Hype, Xanrox Sees $122K Cycle Top appeared first on Coin Edition .

Source: Coin Edition