Who is Jim Kramer? For those who don't know yet, this is a Wall Street media personality who gives market advice on CNBC every day.
Does it sound like a good source of analytics? But it's not.
Paradoxically, Kramer's “reverse” recommendations have become so accurate that many traders use him as an anti-indicator.:
• Does it say “sell"? Great, this means that the big players are most likely buying.
• Advises to “buy"? Most likely, insiders are already merging positions.
How is this possible?
Kramer is probably just helping to create liquidity for the big players. After all, in order for someone to buy, someone has to sell, and vice versa.
Of course, this is not a 100% guarantee, but if Reverse Kramer were an indicator on TradingView, it would have a cult following. 😅
And now he says that BTC will go to $90K. We're going higher 🚀