Cryptoquant analyst Axel Adler Jr released a market analysis saying that based on today's bitcoin price of $117,000, it is currently in the growth range between the "median investor price" ($92,000) and the "market sentiment warning level" ($139,000).
This suggests that there is still support for market participants' buying behavior: as long as the price remains above their psychological comfort zone, they are willing to hold or increase their positions.
At the same time, the market has not yet entered an overly optimistic phase, meaning that bitcoin still has room to rise without the risk of serious overheating, with a target of $139,000.
Analysts: Market participants' buying behavior remains supportive, and bitcoin still has room to rise
2025-07-22 06:49:23
Disclaimer:
1. The information provided does not constitute investment advice. Investors should make independent decisions and bear all risks themselves.
2. The copyright of this content belongs to the original author. The views expressed herein are solely those of the author and do not represent the stance or position of this website.
