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Cramer has stated he doesn't believe Bitcoin can reach $500k or $1 million, confirming his bearish stance. However, in the crypto world, his predictions are infamous for the "Inverse Cramer" effect: when he is extremely negative, many interpret it as a potential bullish signal, given his history of questionable timing. This skepticism contrasts with institutional forecasts like those from Standard Chartered ($500k by 2028) and Ark Invest ($710k+ by 2030).