Investors betting against Kramer have made fortunes in crypto. This time, CNBC fake news host Jim Kramer is spouting out more sheep fleecing financial advice saying it is time to buy bitcoin.

https://www.fxstreet.com/analysis/jim-cramer-goes-batty-bitcoin-may-hit-1-000-000-act-now-before-its-too-late-201706090731 I have seen fewer contrary indicators better than fading Kramer. Sure bitcoin could go to the moon despite scaling issues and outdated software protocol. Even bitcoin clone litecoin is looking better these days than the dinosaur which blazed the trail for every crypto in existence today. Already Ethereum has passed 50% of bitcoin's seemingly unsurmountable lead in market capitalization. For me, the Kramer announcement is a signal of a major bitcoin crash coming. Rather than people cashing out into fiat, it is likely that the bitcoin holders escaping the carnage will just move their wealth into other coins as appears to be the case now with Ethereum market cap surging. In other depressing news for the former cryptocurrency torch bearer, China has been cracking down this year claiming "market manipulation". Government interference is just getting started but Chinese officials are beginning to recognize the value of other currencies and the declining role of bitcoin. https://www.crowdfundinsider.com/2017/06/101570-senior-chinese-official-says-bitcoin-ethereum-national-interest/ Other coins seem to be unnoticed by the rude awakening of Chinese capital control authoritarians. Nevertheless, bitcoin continues taking the heat while continuing to lose market capitalization to more technologically advanced tokens and block chain assets.

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Bitcoin Sell Signal -- Jim Kramer Says Buy ---Time to Sell Move into other coins! Fake News Herding the Sheep into $2800 bitcoin after major price spike

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