A man named Jim Cramer, who talks about money stuff on TV, said that Bitcoin's value went down a lot after some new things called ETFs were made. He thinks it was bad because so many people expected more people to buy them. Another man, Larry Williams, says the price of Bitcoin might go even lower before it gets better. Jim Cramer also talked about how this could affect other types of digital money like Dogecoin and Shiba Inu. Read from source...

1. Cramer's statement "Nasty beginning to the bitcoin selloff" implies that he is expecting a short-term bounce back in Bitcoin prices, which may not be supported by fundamentals or technical analysis. This shows a lack of understanding of the market dynamics and the nature of cryptocurrencies.
2. The article highlights Cramer's disappointment with the low turnout for the ETF launch, but does not consider that the ETF itself may not be a major driver for Bitcoin prices in the long run. Other factors such as adoption, regulation, and innovation may play a more significant role in determining Bitcoin's value.
3. The article quotes Cramer's tweet from Larry Williams, who claims that we are far from the bottom in crypto. This is an unsubstantiated claim based on speculation and emotions rather than objective analysis of market conditions and trends. It also contradicts the bearish sentiment expressed by Cramer earlier in his statement.
4. The article mentions Cramer's previous statements about Bitcoin's future price movements, which seem to be inconsistent and based on wishful thinking. He says that he is not sure if a sell-the-news situation will occur, implying that there may still be room for upside in Bitcoin prices. However, this contradicts his earlier statement about the nasty beginning of the selloff and the low turnout for the ETF launch.

Bearish
Reasoning: The article discusses the decline in the value of Bitcoin following the launch of several Bitcoin ETFs. Jim Cramer shares his view that it was a "nasty beginning" to the selloff and notes that an asset cannot double in value by hundreds of billions of dollars in anticipation of an ETF only for almost no one to show up. Additionally, he mentions Larry Williams' warning that we are far from the bottom in crypto. These statements indicate a bearish sentiment towards Bitcoin's current situation and future prospects.