Do you remember, in February Jim Cramer was completely silent about the Bitcoin drop? The guy was nonstop commenting on Twitter and CNBC. When the price fell below 80,000 and reached 74,000, he started actively saying that this proves Bitcoin's unreliability as a payment method.

The most interesting thing is that Cramer noticed that major holders didn't defend the psychologically important level of 80,000 at all. He even drew a line in the sand at the 73,000 mark, saying that if the price breaks below it, it will confirm market weakness. In his opinion, to recover, it needed to stay above 77,000.

Although Jim Cramer allowed for a short-term rise to 82,000, he warned that this could be manipulation before the MicroStrategy report. Interestingly, despite all the criticism, he continued to advise buying Bitcoin itself at that time, but with caution.

The current situation shows that the market has stabilized somewhat — BTC is trading around 78,000. But Cramer's analysis back then was on point — he didn't just criticize, but pointed out specific levels and waited for triggers. That’s Jim Cramer for you, always at the center of events.