Jim Cramer says Michael Saylor should push bitcoin up to $82,000: "That way, some unwise people will start shouting about the double bottom theory."

According to Bijie Network, market commentator Jim Cramer made a somewhat sarcastic suggestion on the X platform, urging MicroStrategy founder Michael Saylor to try pushing the price of bitcoin from $76,500 up to $82,500. Cramer's remarks were intended to mock bitcoin holders who are quick to declare a bullish reversal signal after only a slight uptick in bitcoin's price. Currently, bitcoin is trading near $77,179, down 1.40% in the past 24 hours, following the most severe sell-off since early April. Saylor posted a cryptic message, "More Orange," which historically has often signaled that MicroStrategy is about to increase its bitcoin holdings. MicroStrategy stock closed at $149.71 on Friday, up 4.55%.