In a recent study that captivated more than 1.1 million fans of cryptocurrency, Woo emphasized the importance of Bitcoin hitting $72,000. He explained that with short positions rushing to cover, it could lead to about $1.5 billion in liquidations. This milestone not only serves as a psychological hurdle but also a tangible one in the realm of market dynamics, where substantial resistance is anticipated. Stay updated on the latest tech news by visiting NEWSLINKER.