What is Bull Market

The circumstances that define a Bull market are when most or all assets increase prices continuously over a long period. Because of the day traders' actions in every market, asset prices can increase and decrease several times a day. However, if assets show a global upward price trend over a significant period, this market can be considered as bullish. Over the years since January 2009, the crypto market has shown a consistent bullish tendency. Bitcoin was down to about $ 15,000 in November 2020 from $0.003/coin in March 2010, although it has faced some massive declines several times.

Bull Market

A market can be considered bullish if assets show a global upward price trend over a significant period.

Related terms

Bitcoin core Break-even point Block Bounty BUIDL BNB

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