A bull run (also known as a bull trend) is a period of time in the financial market during which the values of certain assets are constantly rising.
During a crypto bull run, the values of crypto assets constantly rise throughout the course of a market cycle. This is the point in a financial market when investors demonstrate a strong interest in a certain asset, hence increasing the demand for that item.
In the end, the demand for the aforementioned crypto-asset surpasses the supply, indicating an optimistic feeling among investors in the cryptocurrency.
Similarly, when the price of a crypto asset continues to grow on a constant basis, this indicates that the cryptocurrency is experiencing a bull run. The process that drives the values of a crypto asset is intimately tied to the attitudes of the investors who are participating in the process.
Although the length of a bull run might vary, in order to be recognized as such, the run must normally last for a prolonged amount of time. It may linger for several months or even years at a time.
You may check out our Bitcoin halving countdown!
Similarly, investors can be considered to be "bullish" about an asset or market if they believe it will rise in value, and "bearish" if they believe it will fall in value.
In January of 2017, the Bitcoin price surpassed $1,100, setting a new all-time high. Within a few months, the price rose to approximately $20,000 per coin. That is a 20x increase in less than a year.
There is no hard and fast rule for when a bear trend emerges, but the commonly recognized definition is that it occurs when the market declines by more than 20% from its previous highs.
As long as the bear market continues, investors continue to fear losing money and sell their assets. Many individuals consider bear trends as a chance to earn money because of the low share prices, but this involves finding an appropriate entry point into the market. Finding an entry point may be challenging, and timing the bottom can be tricky as well.
Присоединяйтесь к тем, кто уже в курсе крипто!