Jim Cramer's statement that Bitcoin had reached its price peak when it rose to $47,000 at the time turned out to be prophetic for the near term in that the peak would be followed by a fall. Now the price of Bitcoin has fallen to $45,144, as information has emerged that the SEC has not yet approved spot Bitcoin ETFs. Now the price of Bitcoin has fallen by four percent, but the price of Ethereum, on the contrary, has increased by more than four percent.
At the same time, the halving is approaching. This means that Bitcoin will soon grow in price very highly, regardless of the actions of the SEC.