In a recent study conducted among more than 1.1 million fans of digital currency, Woo emphasized the importance of Bitcoin hitting the $72,000 mark. He explained that the closure 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 strong resistance anticipated. Stay up-to-date with the latest tech news by using NEWSLINKER.