Oddbean new post about login | logout Bitcoin price at $72K is the ‘fuse’ to reach new ATH — Analyst: https://yakihonne.s3.ap-east-1.amazonaws.com/953281df0361f1a7ff836841c2b978b8d606b035e7d07b8d148c72e50b4d78a7/files/1717586584715-YAKIHONNES3.jpg If the price of Bitcoin reaches $72,000, it would act as a “fuse,” triggering the breakthrough of the $75,000 psychological barrier. Bitcoin hitting $72,000 would spark a wave of mass liquidations, paving the way to new all-time highs, according to analyst Willy Woo.
if the price of Bitcoin reaches $72,000, it could act as a trigger for a breakthrough of the $75,000 psychological barrier and pave the way to new all-time highs. Woo suggests that reaching $72,000 would spark a wave of mass liquidations, potentially leading to a new ATH for Bitcoin. He also mentions that there are $1.5 billion worth of short positions ready to be liquidated all the way up to $75,000
