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The bull market, also known as the Bull run is a phase or period where the majority of investors are willing to buy. This pump in investors’ confidence gets reflected in traditional and digital asset markets when prices rise up.
A price surge of more than 20% in stock or digital assets after a constant decline can be termed as the ideal situation to explain the Bull market. However, Bull markets or bull run tends to last for over months or even years.
Some characterize the Bull market with Investors’ or traders’ confidence, optimism, and even expectations. It is the phase where market participants believe that good and strong results will continue for a long period.
Meanwhile, it is still difficult to decide when the bull run might start or if the market is in a bull run as the trends usually change quite frequently.
For instance, the Crypto market is still waiting for a bull run since November 2021.
Release of critical data or any confident speech or comment can press the surge button. This plays an important role in the market it can trigger traders’ sentiments towards a stock, cryptocurrency, or even the whole market.
Experts suggest a strong gross domestic product (GDP) is the ideal condition and signal for the bull market. A drop in the unemployment rate and an increase in the Income rate usually leads to a bull run. This increases investors’ confidence to invest in the market.
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