Jim Cramer weighs in on Bitcoin A sharp slide over the weekend to around $74,000 – its lowest levels since April 2025 – has raised questions about where the asset’s strongest supporters lie as prices test key technical levels.
Citing strategist Jessica Inskip, the CNBC host pointed to potential support areas near $73,000, while suggesting that Bitcoin needs to reclaim $77,000 as a “springboard” back to the lows of $80,000. He repeatedly cited Strategy (MSTR) executive chairman Michael Saylor as saying whether the long-time Bitcoin bull had “dry powder” to step in.
Thaler hinted that his company purchased more Bitcoin over the weekend, tweeting “more orange” on Sunday.
Cramer viewed Bitcoin’s decline as a reminder of Bitcoin’s volatility and limitations as a currency in the short term, although he noted that he personally owns the asset. “What may have happened to Bitcoin over the weekend shows that it is unreliable as a currency in the short term,” he wrote.
More broadly, Cramer said the cryptocurrency sell-off is spreading to broader risk markets, arguing that leveraged traders in metals and other speculative areas often liquidate stocks to raise cash when prices fall elsewhere. Still, he urged investors not to be consumed by “devastating grief” and instead focus on opportunities for stocks and corporate profits rather than macro-driven distractions like Bitcoin or precious metals.
Cramer speculated that short sellers may be putting pressure on Bitcoin ahead of Thaler’s report later this week, warning that the bullish narrative from the “usual defenders” may not be enough if the price accelerates to a breakout.
