On August 3, Jim Cramer looked into a CNBC camera and told the world he was dumping his bitcoin. All of it. Because an IBM executive told him quantum computers might crack the cryptography in three or four years.
Forty-nine days later, bitcoin is up 37% from that exact call. It ripped to an intraday high of $87,374 on Monday — the highest level since late January — and vaporized roughly $850 million of short positions while it was at it. Over $1 billion in derivatives got liquidated in a single day, and most of the blood was on the hands of people who shorted the coin the TV man told you to fear.
Let’s run the scorecard, because correlation is not causation and the man deserves a fair trial.
The call: Cramer announced the sell on August 3 after IBM CEO Arvind Krishna told him, in so many words, that quantum risk gets real in three to four years — “at that point, I would get rather paranoid about it.” Cramer said he wasn’t selling a small amount. He was exiting entirely.
The math: BTC closed at $63,520 on August 3. It hit $87,374 on September 21. That is a +37.6% gain — roughly $24,000 per coin — and about $475 billion in added market cap, in 49 days. Even after a pullback to ~$85,500, the rally is still near 35% from his call.
The irony: Nobody actually knows how much bitcoin Cramer owned. Or if he sold anything. His own track record: he called bitcoin “monopoly money” in December 2017. He was “selling most of his holdings” in June 2021 — right before the run. He warned of a “nasty” selloff after spot ETFs launched in January 2024. And on June 10 this year he posted that bitcoin was “bad money, being liquidated for SpaceX.” Bitcoin closed that day at $61,511. It is now roughly 40% higher.
The man is not a bear. He is a market-timing anti-indicator, and the Inverse Cramer Index remains undefeated.
Now, the part the TV money class doesn’t want you to hear. Nobody on that desk has your coins, and nobody on that desk is coming to save you. The rally has real drivers — forced short covering, easing Treasury yields and oil, risk appetite returning. But the structure is what matters: the people who sell you fear are not the people who hold the asset. The people who held through the quantum FUD, the ETF outflows, the rate hikes and the Senate killing the CLARITY Act are the people who just watched $850 million of short money evaporate in one day.
And to be fair — because fairness costs nothing — the quantum clock is real. Krishna’s three-to-four-year window points at roughly 2029-2030, and a higher price doesn’t change that. But notice what happened while the pundits sold: the community shipped. The first quantum-safe transaction hit mainnet in August without a single fork, and an open crowd armed with AI agents just slashed the estimated cost of breaking Bitcoin’s cryptography by 86%. The builders kept building. The TV guy just kept talking.
The Love Is Bitcoin takeaway: the most reliable indicator in finance right now might be the man who is never right. And the faster you realize the loudest voices on television have zero skin in your game — and, in many cases, zero coins in a wallet — the easier it gets to ignore them. Self-custody, hold through the noise, and let the Inverse Cramer Index do your marketing for you.
Coupon: LOVEISBITCOIN — https://loveisbitcoin.com/bull
So here’s the question, and it’s not rhetorical: if Jim Cramer told you to sell at $63,000 and bitcoin just printed $87,374 — why the hell are you still listening to the guy who has been wrong every single time?
Disclaimer: This is not financial advice. The Inverse Cramer Index is a cultural phenomenon, not a strategy — but its record is better than most strategists’. Data: Bitcoin.com News (Sep 22, 2026), CoinDesk price data. Earlier coverage: Jim Cramer Is Selling His Bitcoin Because IBM Scared Him.
JIM CRAMER TOLD YOU TO SELL AT $63K. BITCOIN JUST HIT $87,374 AND BURNED $850M OF SHORTS. HOW MANY TIMES DOES HE HAVE TO BE WRONG?
