Bitcoin's price has surged past $71,500, driven by improved sentiment and bullish technical patterns. The next target is $72,000, which could trigger a massive liquidation of short positions worth $1.5 billion and propel the price to a new all-time high of $75,000.

The market is at a critical juncture, with trading volumes dwindling ahead of the expiration of $2.2 billion in Bitcoin and Ethereum options and the release of US non-farm payrolls and unemployment data. Despite the options expiration, the market remains calm, with room for liquidation amid selling pressure.

The US economic data is expected to show a strong jobs market, with a slight increase in unemployment rate. A positive surprise could boost the market. Bitcoin has been trading sideways around $71,000, with low trading volume indicating decreased investor interest. However, 10x Research predicts a potential price surge to $83,000, breaking the resistance line in the coming days.

In conclusion, Bitcoin bulls are driving the price higher, with a focus on surpassing $72,000. The market awaits critical data and a potential breakout, which could lead to a significant price rally. Will Bitcoin reach $83,000? The next few days will be crucial in determining the cryptocurrency's future price movement.