{"id":3855,"date":"2024-12-06T18:46:34","date_gmt":"2024-12-06T18:46:34","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=3855"},"modified":"2024-12-06T18:46:34","modified_gmt":"2024-12-06T18:46:34","slug":"bitcoins-flash-crash-is-a-classic-bull-market-shakeout-says-trader-watch-these-3-scenarios","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=3855","title":{"rendered":"Bitcoin&#8217;s Flash Crash Is A &#8216;Classic Bull Market Shakeout,&#8217; Says Trader: Watch These 3 Scenarios"},"content":{"rendered":"<div>\n<p><strong>Bitcoin&#8217;s<\/strong> (CRYPTO: <a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/btc\/usd\">BTC<\/a>) flash crash from $103,000 to $91,000, an 11% drop, triggered significant liquidations and drew <a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/24\/12\/42368258\/bitcoins-thursday-flash-crash-wiped-out-500-million-whats-driving-the-volatility\">analysis from traders<\/a>. <\/p>\n<p><strong>What Happened:<\/strong> In a detailed post on <strong>X<\/strong>, crypto trader Cold Blooded Shiller called the move a \u201cclassic bull market shakeout\u201d targeting late-positioned longs. <\/p>\n<p>Despite this, Bitcoin&#8217;s trajectory is still bullish, with Shiller foreseeing a breakout above $100,000 after a period of consolidation.<\/p>\n<p>Bitcoin\u2019s inability to sustain gains between $98,000 and $99,000 hints at a re-entry into its higher timeframe range (HTF), a pattern that could influence altcoin performance in the near &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/24\/12\/42370712\/bitcoins-flash-crash-is-a-classic-bull-market-shakeout-says-trader-watch-these-3-scenarios\" alt=\"Bitcoin's\" flash crash is a bull market shakeout says trader: watch these scenarios>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin&#8217;s (CRYPTO: BTC) flash crash from $103,000 to $91,000, an 11% drop, triggered significant liquidations and drew analysis from traders. What Happened: In a detailed post on X, crypto trader Cold Blooded Shiller called the move a \u201cclassic bull market shakeout\u201d targeting late-positioned longs. Despite this, Bitcoin&#8217;s trajectory is still bullish, with Shiller foreseeing a [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-3855","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/3855","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=3855"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/3855\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=3855"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=3855"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=3855"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}