In a recent study that captivated over 1.1 million followers of cryptocurrencies, Woo emphasized the importance of Bitcoin hitting the $72,000 mark. He mentioned that the closing of short positions would lead to around $1.5 billion in liquidations. This milestone is not only a psychological hurdle but also a crucial one in terms of market dynamics, with considerable resistance anticipated. Stay updated with the latest tech news by accessing NEWSLINKER.