Jim Cramer shares his opinion on Bitcoin BTC$77,737.65 It plunged over the weekend to around $74,000 (lowest since April 2025), raising questions about where the asset’s most vocal proponents are as prices test key technical levels.
Citing strategist Jessica Inskip, the CNBC host pointed to the $73,000 area as a potential support zone and suggested that Bitcoin needs to regain $77,000 as a “launching pad” for the low-$80,000 range. He repeatedly called out Michael Saylor, executive chairman of Strategy (MSTR), and asked if there was any “dry powder” to intervene in the long-standing Bitcoin bull market.
“More oranges,” Saylor tweeted on Sunday, hinting that his company bought more Bitcoin over the weekend.
Although Kramer noted that he personally owns Bitcoin, he said the decline is a short-term reminder of Bitcoin’s volatility and limitations as a currency. “The evidence of what happens with Bitcoin over the weekend shows that it cannot be trusted as a currency in the short term,” he wrote.
More broadly, Cramer suggested that the decline in cryptocurrencies is impacting broader risk markets, arguing that leveraged traders in metals and other speculative areas often liquidate stocks to raise cash when other prices decline. Still, he urged investors to focus on equity and corporate earnings opportunities, rather than macro-driven distractions like Bitcoin and precious metals, and avoid getting carried away by the “jeremiah of destruction.”
Cramer speculated that short sellers may be putting pressure on Bitcoin ahead of a report from Saylor’s firm later this week, warning that the bullish claims of “usual defenders” may not be enough if the price decline accelerates.
