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When Jim Cramer said in December 2022 that he had sold all his crypto and promised to never buy it again in a “million years,” Bitcoin (BTC) was trading at around $16,800. Nowadays, it’s more in the $75K area, up about 350% since Cramer’s public exit, which is exactly why the Inverse Cramer meme still refuses to die.

Bitcoin made this one look especially bad

As a reminder, Cramer’s vow arrived right after the infamous FTX collapse in 2022, when sentiment around the crypto industry was wrecked and most of the market wanted nothing to do with Bitcoin. In other words, Cramer’s call landed at the kind of moment that tends to define bottoms, not tops.

Since then, Bitcoin has gone from sub-$17,000 panic pricing to the mid-$70,000 range. This doesn’t mean every anti-Cramer trade works, but what it does show is that this particular call aged terribly, and the chart is brutal.

At the time of publication on April 21, the price of BTC stood at $75,355.77, down 0.6% on the day, up 1.4% across the week, and accumulating a gain of 10% in the last month, according to the most recent chart information.

TechGaged’s “Jim Cramer Prediction Accuracy: Full Report (2000-2026)” argues that Cramer was right just 37.5% of the time across the publication’s major-call dataset. The broader point isn’t that he’s always wrong but that his timing, especially around emotional turning points, can be a mess.

Why crypto traders still watch him

This is where TechGaged’s “Inverse Cramer Strategy Explained: The Cost of Overconfidence” comes in to frame Cramer as a sentiment barometer. When he gets loud at peak fear or peak hype, traders pay attention because those moments often line up with exhaustion.

Bitcoin is the cleanest example. Cramer’s late-2022 surrender came before one of the strongest recoveries in crypto. From there, institutional flows and a broader return of risk appetite pushed BTC sharply higher.

That does not make Cramer useless. It makes him useful in a different way. He is often better at showing what the old-guard mood looks like than at nailing the actual turn. In this case, Bitcoin got the last word, and it was not subtle.