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
<\/a>BTCUSD Dec 17. Source: TradingView<\/p>\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 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. pic.twitter.com\/MqFAIZa9dX<\/a><\/p>\n \u2014 Jelle (@CryptoJelleNL) December 17, 2025<\/a><\/p>\n\n The post Liquidations Spike Again as Bitcoin Pumps and Dumps Within Minutes<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":" 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. However, it was another fake-out, and the largest digital asset plummeted to its starting point just as quickly. BTCUSD Dec 17. Source: TradingView The chart above demonstrates a clear picture. […]<\/p>\n","protected":false},"author":0,"featured_media":121225,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-121224","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/121224"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=121224"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/121224\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/121225"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=121224"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=121224"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=121224"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
![<\/a>BTCUSD Dec 17. Source: TradingView<\/p>\nThe 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>\nIn 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>\nMany 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>\nThe 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>\nPopular 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>\nAnother exact tag of the Monthly open \u2013 getting rejected harshly.<\/p>\nLows at $83,000 ain\u2019t looking too safe.<\/p>\nMain idea remains short-term downside for $BTC<\/a> to lock in the HTF divs, then up for a while. pic.twitter.com\/MqFAIZa9dX<\/a><\/p>\n\u2014 Jelle (@CryptoJelleNL) December 17, 2025<\/a><\/p>\n\nThe post Liquidations Spike Again as Bitcoin Pumps and Dumps Within Minutes<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"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. However, it was another fake-out, and the largest digital asset plummeted to its starting point just as quickly. BTCUSD Dec 17. Source: TradingView The chart above demonstrates a clear picture. […]<\/p>\n","protected":false},"author":0,"featured_media":121225,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-121224","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/121224"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=121224"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/121224\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/121225"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=121224"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=121224"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=121224"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}](\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/12\/BTCUSD-5.png\"){kind=link}