As of today’s price of $117 K, Bitcoin is in the growth zone between the Investor Price Median ($92 K) and the Hype Alert level ($139 K).



This suggests that buying activity is still supported by market participants: they’re willing to hold or add to their positions as long as the price remains above their comfort zone.

At the same time, we haven’t yet entered a phase of excessive optimism there’s still room for further upside toward $139 K without a serious risk of overheating.
BTC0.36%
HYPE1.66%
HOLD59.7%
OP1.37%
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)