{"id":469755,"date":"2024-01-03T13:27:14","date_gmt":"2024-01-03T13:27:14","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=469755"},"modified":"2024-01-03T13:27:14","modified_gmt":"2024-01-03T13:27:14","slug":"bitcoin-price-prediction-as-jim-cramer-flips-on-technological-marvel-btc-experts-say-this-bitcoin-derivative-might-explode","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/bitcoin-price-prediction-as-jim-cramer-flips-on-technological-marvel-btc-experts-say-this-bitcoin-derivative-might-explode","title":{"rendered":"Bitcoin Price Prediction: As Jim Cramer Flips On &#8221;Technological Marvel&#8221; BTC, Experts Say This Bitcoin Derivative Might Explode"},"content":{"rendered":"<p><span style=\"font-weight: 400\">The Bitcoin price is up 0.2% in the last 24 hours<\/span><a href=\"https:\/\/www.coingecko.com\/en\/coins\/bitcoin\"><span style=\"font-weight: 400\"> to trade at $45,469<\/span><\/a><span style=\"font-weight: 400\"> as of 5:13 a.m. EST as trading volume climbed 8% to $27 billion.&nbsp;<\/span><\/p>\n<p><span style=\"font-weight: 400\">In the meantime, Jim Cramer, host of CNBC&rsquo;s &ldquo;Mad Money&rdquo; who is known for his anti-crypto views, <\/span><span style=\"font-weight: 400\">has done a U-turn on the king of cryptocurrencies, and called BTC a &ldquo;technological marvel.&rdquo;<\/span><\/p>\n<p><span style=\"font-weight: 400\">He added that the late Charlie Munger of Warren Buffett&rsquo;s Berkshire Hathaway had been &ldquo;blind&rdquo; to Bitcoin&rsquo;s potential.<\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Jim Cramer says the <a href=\"https:\/\/twitter.com\/hashtag\/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw\">#Bitcoin<\/a> ETF will be a sell the news event and &ldquo;this was a remarkable comeback that was unexpected.&rdquo; &#129327; <\/p>\n<p>The god candle is coming. &#128640; <a href=\"https:\/\/t.co\/SgkTjnmW9s\">pic.twitter.com\/SgkTjnmW9s<\/a><\/p>\n<p>&mdash; The &#8383;itcoin Therapist (@TheBTCTherapist) <a href=\"https:\/\/twitter.com\/TheBTCTherapist\/status\/1742204171594485902?ref_src=twsrc%5Etfw\">January 2, 2024<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<h2><span style=\"font-weight: 400\">The Bitcoin Price: Bulls Target $50,000 Mark<\/span><\/h2>\n<figure id=\"attachment_469756\" aria-describedby=\"caption-attachment-469756\" style=\"width: 1812px\" class=\"wp-caption alignnone\"><img decoding=\"async\" class=\"size-full wp-image-469756\" src=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2024\/01\/WBTC_2024-01-03_14-56-40.png\" alt=\"Bitcoin Price Chart Analysis. Source: Tradingview.com\" width=\"1812\" height=\"830\" srcset=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2024\/01\/WBTC_2024-01-03_14-56-40.png 1812w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2024\/01\/WBTC_2024-01-03_14-56-40-300x137.png 300w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2024\/01\/WBTC_2024-01-03_14-56-40-1024x469.png 1024w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2024\/01\/WBTC_2024-01-03_14-56-40-768x352.png 768w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2024\/01\/WBTC_2024-01-03_14-56-40-1536x704.png 1536w\" sizes=\"(max-width: 1812px) 100vw, 1812px\"><figcaption id=\"caption-attachment-469756\" class=\"wp-caption-text\">BTCUSD Chart Analysis. Source: Tradingview.com<\/figcaption><\/figure>\n<p><span style=\"font-weight: 400\">The Bitcoin price has turned the $45,000 resistance into support as bulls aim to reclaim its ATH at $69,000.&nbsp;<\/span><\/p>\n<p><span style=\"font-weight: 400\">The general momentum for BTC remains bullish, trading above both the 50-day and 200-day simple moving averages (SMAs).&nbsp;<\/span><\/p>\n<p><span style=\"font-weight: 400\">The Relative Strength Index (RSI) trades at 69 above the 50 midline level. If this momentum sustains, there is potential for the RSI to ascend beyond the overbought level of 70, signifying an escalation in buying pressure.<\/span><\/p>\n<h2><span style=\"font-weight: 400\">The Bitcoin Price Prediction<\/span><\/h2>\n<p><span style=\"font-weight: 400\">The Bitcoin price is on a bull rally as bullish investors focus on achieving the $50,000 mark. However, bears might intervene to pull the prices down. A breach below $45,000 could see the bulls retreat to the $40,000 support zone.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Meanwhile, investors are rapidly acquiring cloud mining presale Bitcoin Minetrix as the approval of a spot Bitcoin ETF is expected to lead to substantial gains for its BTCMTX token.&nbsp;<\/span><\/p>\n<h2><span style=\"font-weight: 400\">Bitcoin Minetrix Presale Closing In On $7.9 Million Goal<\/span><\/h2>\n<p><a href=\"https:\/\/insidebitcoins.com\/visit\/bitcoinminetrix\/\" rel=\"nofollow\"><span style=\"font-weight: 400\">Bitcoin Minetrix (BTCMTX)<\/span><\/a><span style=\"font-weight: 400\"> has already raised more than $7.3 million and there&rsquo;s now only a few hundred thousand left to hit its target of $7.9 million. <\/span><\/p>\n<p><span style=\"font-weight: 400\">The presale has already raised over $7.3 million as investors rush to buy more tokens in the next 69 hours before the price is hiked.<\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">&#127881; Happy New Year, <a href=\"https:\/\/twitter.com\/hashtag\/BTCMTX?src=hash&amp;ref_src=twsrc%5Etfw\">#BTCMTX<\/a> Communtity! &#128640;<\/p>\n<p>Surpassing $7,200,000 is a stellar way to start 2024.<\/p>\n<p>Here's to an incredible year ahead!<a href=\"https:\/\/twitter.com\/hashtag\/HappyNewYear?src=hash&amp;ref_src=twsrc%5Etfw\">#HappyNewYear<\/a> <a href=\"https:\/\/twitter.com\/hashtag\/CryptoMilestone?src=hash&amp;ref_src=twsrc%5Etfw\">#CryptoMilestone<\/a> <a href=\"https:\/\/t.co\/IGO0Jv70AA\">pic.twitter.com\/IGO0Jv70AA<\/a><\/p>\n<p>&mdash; Bitcoinminetrix (@bitcoinminetrix) <a href=\"https:\/\/twitter.com\/bitcoinminetrix\/status\/1742116194658791735?ref_src=twsrc%5Etfw\">January 2, 2024<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p><span style=\"font-weight: 400\">The BTCMTX platform has been made to remedy the issues associated with conventional Bitcoin mining methods, criticized for their environmental consequences and substantial entry barriers.<\/span><\/p>\n<p><span style=\"font-weight: 400\">The platform also allows investors to earn passive income through <\/span><a href=\"https:\/\/insidebitcoins.com\/visit\/bitcoinminetrix\/\" rel=\"nofollow\"><span style=\"font-weight: 400\">the stake-to-mine feature<\/span><\/a><span style=\"font-weight: 400\">, presently guaranteeing an 87% annual percentage yield (APY).&nbsp;<\/span><\/p>\n<p><span style=\"font-weight: 400\">Additionally, you get to participate in the $30,000 minedrop airdrop, where you can earn a $3,000 reward for ten lucky winners.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Cryptonews, a YouTube channel with over 7,000 subscribers, has featured BTCMTX in one of its videos, providing insights into purchasing the cryptocurrency and maximizing gains through its stake-to-mine feature.<\/span><\/p>\n<p><iframe title=\"NEW Altcoin Presale Bitcoin Minetrix MINES $BTC For YOU!!!\" width=\"640\" height=\"360\" src=\"https:\/\/www.youtube.com\/embed\/HY1POVOEnxg?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe><\/p>\n<p><span style=\"font-weight: 400\">You can participate in the presale by connecting your Web3 wallet to <\/span><a href=\"https:\/\/insidebitcoins.com\/visit\/bitcoinminetrix\/\" rel=\"nofollow\"><span style=\"font-weight: 400\">the BTCMTX website<\/span><\/a><span style=\"font-weight: 400\">, swapping your ETH or USDT for BTCMTX tokens, or directly buying using your bank card.<\/span><\/p>\n<h2><span style=\"font-weight: 400\">Related News<\/span><\/h2>\n<ul>\n<li style=\"font-weight: 400\"><a href=\"https:\/\/www.linkedin.com\/pulse\/best-crypto-buy-now-2024-top-picks-explosive-growth-calsona-6bnie\/\"><span style=\"font-weight: 400\">Best Crypto to Buy Now (2024): Top Picks for Explosive Growth! &#128640;&#128184;<\/span><\/a><\/li>\n<li style=\"font-weight: 400\"><a href=\"https:\/\/www.linkedin.com\/pulse\/best-meme-coins-invest-top-picks-exponential-gains-calsona-iorle\/\"><span style=\"font-weight: 400\">Best Meme Coins to Invest in: Top Picks for Exponential Gains! &#128640;<\/span><\/a><\/li>\n<\/ul>\n                                        <div class=\"inContentProviderSingle inContentColor--insidebitcoins fc-row\">\n                        <div class=\"inContentProviderSingle--wrapper\">\n                            <div class=\"container\">\n                                <div class=\"row mb-lg-3\">\n                                    <div class=\"col-12 col-md-8\">\n                                        <p class=\"inContentProviderSingle--title\">Most Searched Crypto Launch - Pepe Unchained<\/p>\n                                    <\/div>\n                                    <div class=\"col-12 col-md-4\">\n                                        <div class=\"inContentProviderSingle--rating\">\n                                            <div class=\"rating--holder\">\n                                                <p class=\"rating--text\">Rating<\/p>\n                                                <div class=\"rating--star-container\">\n                                                    <div class=\"rating--star\" style=\"width: 100%;\"><\/div>\n                                                <\/div>\n                                            <\/div>\n                                        <\/div>\n                                    <\/div><!--\/.col-md-4-->\n                                <\/div><!--\/.row-->\n                                <div class=\"row\">\n                                    <!-- *******  Desktop Provider Logo ********** -->\n                                    <div class=\"col-12 col-md-12 text-center d-block d-sm-block d-md-none d-lg-none\">\n                                        <img decoding=\"async\" class=\"inContentProviderSingle--img mb-3\" src=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2024\/08\/pepu.svg\" alt=\"Pepe Unchained\" width=\"125\" height=\"60\">\n                                    <\/div>\n\n                                    <div class=\"col-12 col-md-8\">\n                                                                                    <ul class=\"inContentProviderSingle--list\">\n                                                                                                    <li>Layer 2 Meme Coin Ecosystem<\/li>\n                                                                                                    <li>Featured in Cointelegraph<\/li>\n                                                                                                    <li>SolidProof &amp; 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