Cramer stated:
Reflecting his skepticism about stakeholder behavior during off-hours trading, the Mad Money host wrote:
FAQ ⏰ Why is Jim Cramer focused on the $80,000 bitcoin level? He described $80,000 as a critical psychological line in the sand during recent declines. What price did Cramer say bitcoin needs to reclaim? He pointed to $82,000 as necessary to argue for a double-bottom pattern. Why does weekend bitcoin trading concern Cramer? He questioned why major bitcoin defenders appear inactive during weekend selloffs. Did Cramer say he owns bitcoin? Yes, he emphasized he is a long standing owner of bitcoin while criticizing market behavior.
