{"id":64050,"date":"2025-12-17T16:31:43","date_gmt":"2025-12-17T16:31:43","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=64050"},"modified":"2025-12-17T16:31:43","modified_gmt":"2025-12-17T16:31:43","slug":"liquidations-spike-again-as-bitcoin-pumps-and-dumps-within-minutes","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=64050","title":{"rendered":"Liquidations Spike Again as Bitcoin Pumps and Dumps Within Minutes"},"content":{"rendered":"
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The overall bearish sentiment in the cryptocurrency market came to a halt briefly, as BTC, joined by most altcoins, exploded by several grand in minutes.<\/p>\n

However, it was another fake-out, and the largest digital asset plummeted to its starting point just as quickly.<\/p>\n

\"BTCUSD<\/a>
BTCUSD Dec 17. Source: TradingView<\/figcaption><\/figure>\n

The chart above demonstrates a clear picture. BTC was previously rejected at $90,000 on Monday and plunged<\/a> below $85,500 in the following hours. It stood below $88,000 for the following 48 hours but went on the run earlier today.<\/p>\n

In a matter of minutes, it jumped by over three grand to just over $90,000. However, the subsequent retracement was just as quick, and BTC is back at its starting point.<\/p>\n

Many altcoins followed suit, with immediate price increases and instant rejections. Naturally, this has caused roughly $300 million worth of wrecked positions, according to CoinGlass data, with almost an equilibrium between longs and shorts ($140 million vs $152 million).<\/p>\n

The number of liquidated traders stands at over 100,000, while the single largest wiped out position was on Binance and was worth almost $4 million.<\/p>\n

Popular crypto analyst CryptoJelleNL commented on BTC\u2019s major move, claiming that this rejection could spell further trouble for the cryptocurrency and outlined a potential drop to and below $83,000.<\/p>\n

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Another exact tag of the Monthly open \u2013 getting rejected harshly.<\/p>\n

Lows at $83,000 ain\u2019t looking too safe.<\/p>\n

Main idea remains short-term downside for $BTC<\/a> to lock in the HTF divs, then up for a while. \"\u231b\" pic.twitter.com\/MqFAIZa9dX<\/a><\/p>\n

\u2014 Jelle (@CryptoJelleNL) December 17, 2025<\/a><\/p>\n<\/blockquote>\n