Oddbean new post about | logout
 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