In a recent study that captivated more than 1.1 million fans of cryptocurrency, Woo emphasized the importance of Bitcoin hitting the $72,000 mark. He explained that the rush to cover short positions would lead to around $1.5 billion in liquidations. This milestone is not only a psychological hurdle but also a significant one in terms of market dynamics, with substantial resistance anticipated. Stay updated on the newest technology news by using NEWSLINKER.