Jim Cramer Says He Likes Bitcoin, But Isn't Fond Of The 'Cabal' Trying To Keep BTC Above $90,000

Author: Aniket Verma | November 19, 2025 11:49pm

Jim Cramer, market commentator and popular media personality, expressed concerns on Wednesday that a “cabal” is attempting to keep Bitcoin (CRYPTO: BTC) above $90,000, while also criticizing derivatives.

Cramer Likes Bitcoin

In an X post, Cramer suspected that a “cabal” is propping Bitcoin above $90,000, implying that he expected further downsides for the apex cryptocurrency.

“I like Bitcoin but I do not like any of the derivatives created to play it or game it or mine it.” the host of CNBC’s “Mad Money” segment said.

Almost feels like a cabal is trying to keep Bitcoin above $90,000. I like Bitcoin but i do not like any of the derivatives created to play it or game it or mine it.

— Jim Cramer (@jimcramer) November 19, 2025

The Supporters And Critics

Richard Farr, Chief Market Strategist for Pivotus Partners, agreed with Cramer, suggesting a “major marketing push.”

“They have to keep the price up so the levered players aren’t forced to sell,” Farr added.

See Also: Robert Kiyosaki Predicts Bitcoin Will Soar to $250,000

However, Dave Weisberger, market analyst and co-founder of CoinRoutes, disa, suggesting that the current selling of Bitcoin is a “normal volatility,” likely caused by distribution from early Bitcoiners who have achieved financial security to investors who understand the investment case.

“In short, you either have it backwards or just dont understand what is happening,” Weisberger said.

Jim, with all due respect, that is a self contradictory and likely upside down statement…

If you truly "liked Bitcoin" you would understand it has gotten very cheap relative to its underlying network growth AND vs Gold, whose monetary value it will ultimately equal or pass.…

— Dave W (@daveweisberger1) November 19, 2025

To Bet For Or Against Crypto?

Regardless, Cramer’s post sparked sarcastic replies invoking the “Inverse Cramer” strategy, where investors bet against his recommendations. There has been no definitive proof of this being a profitable strategy, though.

Jim cramer reverse translator : Barely feels like anyone is trying to push Bitcoin below $90,000. I dislike Bitcoin, but I do like all the derivatives built to avoid it, ignore it, or exploit it.

— Prophet.hl (@HyperProphet) November 19, 2025

This isn’t the first time Cramer has expressed his views on Bitcoin. Last month, he compared the current cryptocurrency market to the dot-com bubble of 2000, cautioning investors to reduce exposure.

Cramer previously advocated for Bitcoin as a hedge against the escalating U.S. national debt, stating that he was buying a lot himself. He expressed his concerns about the future of the U.S. economy amid a worsening debt crisis.

Price Action:  As of this writing, Bitcoin was trading at $92,377.34, up 0.38% in the last 24 hours, according to data from Benzinga Pro.

Photo courtesy: katz / Shutterstock.com

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Posted In: $BTC JPM