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Bitcoin is moving around 80K, and these days, mainstream media figures like Jim Cramer keep talking about bearish outlooks. I saw someone ask where all the Bitcoin bulls have gone. As the market enters a correction phase, it seems like the loudest voices switch to a negative tone, but this is a recurring pattern.
Every time Jim Cramer makes skeptical comments about Bitcoin, there’s backlash from the community, but honestly, I think this kind of debate is part of the market itself. The price is formed through the clash of bearish and bullish sentiments. Looking at recent price movements, it keeps bouncing between resistance and support levels, and opinions from people like Jim Cramer can influence short-term volatility, but probably not the long-term trend.
Personally, I think during times like this, it’s better to go back to basics and look at on-chain data or fundamentals. Rather than being swayed by external voices like Jim Cramer, making your own judgment is probably more important.