Bullish BTC ended up with a big dump in response! Jim Cramer, unable to bear the criticism, retaliated with words.

Jim Cramer, a well-known financial commentator known as the 'Wall Street Mad Man', publicly expressed bullishness on BTC last week. However, unexpectedly, the price of BTC dropped more than 6% two days after his bullish comments, adding another case to his 'contrarian indicator' record, and he was heavily criticized by the cryptocurrency community.

Facing external doubts, Jim Cramer continued to support BTC on the CNBC program 'Mad Money' on Tuesday and counterattacked those who criticized him.

There are a bunch of fools who say that recommending BTC is a signal that the market has reached its peak, and there are people who dig up my old accounts from more than ten or twenty years ago (predicting inaccurately), trying to criticize me mercilessly.

Despite the market's strong reaction, Jim Cramer still believes that BTC should have a place in the investment portfolio. He admitted:

Although there is currently no concrete evidence to show that Crypto Assets can withstand economic turmoil, at least this story sounds somewhat plausible.

This 'temporary support but wait and see' attitude is consistent with his investment style.

Jim Cramer's views on BTC have always been erratic, from saying 'to leave BTC as an inheritance for children', to calling on investors to 'sell coins for cash' and 'exit the crypto world', and then claiming that 'BTC can never be killed', his attitude is often confusing.

He said on the show on Tuesday: "I think BTC, Ether, and even some other cryptocurrencies are worth a place in your investment portfolio."

However, he also added an important caveat - if the US fiscal deficit is under control, he may change his mind.

<High-profile bullish BTC, but it ended up with a big dump! Jim Cramer couldn't bear the criticism and fought back.> This article was first published in 'Block Times'.