Cryptocurrency analyst Willy Woo predicts Bitcoin (BTC) could reach between $71,000 and $75,000 due to short liquidations, driven by a bullish outlook despite current bearish sentiment. Woo cites the Cumulative Volume Delta indicating sell-off pressures have peaked, with the upcoming Bitcoin halving event as a key catalyst for potential market volatility. Woo remains optimistic for the long term, suggesting consolidation around the all-time high will strengthen Bitcoin's price base, affirming Bitcoin's status as a trillion-dollar asset class.