Data: Bitcoin's market value has reached a critical level of resistance up to 73% at a time.

On January 3, Bitcoin hit an all-time high of $ 34,800 (this high has been renewed). Bitcoin's market share reached 73.71% (according to TradingView data) that day, before dropping the next day. for 68%. 73% of Bitcoin market cap last appeared in September 2019. This is an important area of ​​protection that will determine the fate of altcoins. Cryptocurrency analyst MagicPoopCannon said, "In essence, if the market value of BTC exceeds that number, there's a good chance that number will increase by over 90%." whether the United States Securities and Exchange Commission prosecutes crypto companies for publishing unregistered securities. , the market value of Bitcoin will increase further.