In a recent study that captivated more than 1.1 million followers of cryptocurrencies, Woo emphasized the importance of Bitcoin hitting the $72,000 mark. He pointed out that with short positions rushing to cover, it could lead to around $1.5 billion in liquidations. 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 on the latest tech news by accessing NEWSLINKER.
