Jim Cramer sells his Bitcoin right before it rallies
Bitcoin and gold are both climbing, which is good for anyone holding them but a warning sign about the dollar and US debt.
- Jim Cramer said on TV he sold all his Bitcoin over fears quantum computers could break it — Bitcoin then jumped from the low 60s to around 77,000 within weeks.
- The "inverse Cramer" trade, which bets against his calls, is up 218%, and traders keep using him as a contrarian signal.
- Gold has run up alongside Bitcoin, and that pairing usually means people are scared of paper money losing value.
- Ray Dalio says Treasury Secretary Scott Bessent's plan to buy back government debt, plus Japan buying fewer US bonds and long-term rates rising, looks like the setup for a debt crisis — his advice is to own things governments can't print.
- The counterpoint: neither Cramer nor Dalio is investing for you, and steady saving into index funds, retirement accounts, and Bitcoin has beaten trying to time these calls.
Outlook: Expect more money to flow into gold and Bitcoin while worries about US debt and rising long-term rates stay unresolved.