Analyst: Market participants' buying behavior still has support, Bitcoin still has room for growth

According to a report by Golden Finance, Cryptoquant analyst Axel Adler Jr released a market analysis stating that based on today's Bitcoin price of $117000, it is currently in a growth range between the "median investor price" ($92000) and the "market sentiment warning level" ($139000). This indicates that the buying behavior of market participants is still supported: as long as the price remains above their psychological comfort zone, they are willing to hold or add positions. At the same time, the market has not yet entered an overly optimistic phase, which means that Bitcoin still has room for growth without triggering serious overheating risks, and the target may reach $139000.