In a recent study conducted by Woo, more than 1.1 million cryptocurrency aficionados were captivated by the revelation of Bitcoin hitting the $72,000 mark. It was emphasized that the closure of short positions would spark liquidations amounting to around $1.5 billion. This milestone is not only a psychological hurdle but also a crucial one in the realm of market dynamics, where substantial resistance is anticipated. Stay updated with the latest tech news by accessing NEWSLINKER.
