The few invincible market top indicators, Jim Cramer and Micheal Saylor both striked now. Be really careful…

If there are two indicators that are not really about TA or any other complex analysis, then those are based on two famous people, Jim Cramer and Micheal Saylor. We all are aware of the infamous Inverse Jim Cramer and the fact that we did actually rally after Jim Cramer went bearish on Crypto following the SEC-attack, now Jim Cramer actually says that he would not completely rule out Crypto.

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Yesterdays announcement of MicroStrategy buying more BTC

The second one is the ever-bullish Micheal Saylor who has basically his whole company based on Bitcoin now. They just announced to have bought over $300M+ in BTC over the past days and an average price of about $28k. His announcements have usually been known to be top indicators.

Obviously with both of them striking right now we should be well carefully and funnily all of that is not just a joke. Of course just basing your trade off two people is a joke, but those two people in this case basically represent the “hype“ and “FOMO“. Both Saylor and Jim Cramer are just attention-seekers somewhere and will hop on the hype wagon and make dubious claims all the way.

Once the start doing that you have a pretty good indicator that the hype is really picking up right now and such moments of euphoria usually end with a denial of a dump and then anger and then depression.