Jim Cramer: Be patient with bitcoin, approach the S&P with caution

jim cramer be patient with bitcoin approach the sp with caution

Sumary of Jim Cramer: Be patient with bitcoin, approach the S&P with caution:

  • “The charts, as interpreted by Tom DeMark, suggest that bitcoin might take another month to bottom, while the S&P 500 could peak as soon as next week,”.
  • Zoom In IconArrows pointing outwards DeMark, who said the drop in bitcoin resembles the crash of 1987, projected that the decline could bring the token’s value to a floor of $32,000 — or $24,000 in the worst case..
  • “If DeMark’s right, you could get a chance to buy bitcoin in the not-too-distant future, and I might take it,”…

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