Cramer Warns of 'Code Red' as Bitcoin Nears Critical Threshold
CNBC personality Jim Cramer took to X on Feb. 4 to react to Bitcoin’s latest sharp decline, warning the token is hovering near a “code red” threshold. His comments highlighted growing downside risk after the sell-off and drew attention because Cramer’s public warnings can shape retail sentiment and short-term flows.
The remark matters beyond headline drama: prominent market voices can amplify caution, potentially increasing volatility and accelerating selling in thin conditions or around macro events. Traders and holders should consider Cramer’s warning alongside on-chain indicators, macro data and risk management—not as a trading signal—and watch for wider spreads and margin pressure that often accompany sudden crypto drawdowns.