Bull Market

The bull market and bear market: what is their meaning? And what are the differences between these two market terms?  Every day in the investment universe, we hear these terms repeated regarding market conditions. Yet, as much as they are used, understanding their meaning and differences is more challenging than it sounds. Trends and directions in the market have repercussions on one's portfolio. So, understanding what “bull” and “bear” markets mean, together with their differences, is crucial. So, what are…

Though Bitcoin hasn’t seen a historically precedented December takeoff, the bear market may still be a long way out. Mike McGlone – Senior Commodity Strategist at Bloomberg Intelligence – recently called the asset an “enduring bull-market.” Moreover, institutional adoption continues to rise while several indicators suggest that Bitcoin has a bright future in 2022. McGlone’s Analysis Earlier today, McGlone offered his bullish analysis in conversation with Bloomberg’s Paul Sweeney and Sonali Basak. Whereas he characterizes oil as an “enduring bear…

A bull market is one whereby the prices are expected to rise significantly or are rising. Due to the volatile nature of crypto, the term “bull market” is reserved for extended periods characterized by the rise of a large portion of the prices. To be categorized as a rise, the price must be up 20% after two declines of 20% each. There is optimism, expectations of solid results, and investor confidence in a bull market, among others. The most notable…

BTC is back above $48K after an abrupt breakdown of bullish trajectory saw the king coin shed up to $1,500 in a matter of hours on Aug 25. The world’s first cryptocurrency regained lost ground as quickly as it had slumped. Now, changing hands for $48, 642.  That impressive rebound is likely attributable to bullish news from Bloomberg analysts. Some of them predict that the US Securities and Exchange Commission (SEC) could launch a Bitcoin ETF soon. In a Tuesday…

The BTC price caught a sharp uptrend over the weekend and hit its highest level in months. The BTC/USD pair briefly crossed the $45K mark on Aug 8, hitting intra-trade highs of $45,363 before parrying some gains as investors rushed in to take profits off the table. The benchmark cryptocurrency has embarked on a remarkable run over the past week that has seen it gain over 20% from its low of $37.3K registered at the beginning of this month. The…

Crypto trading is as huge a hotcake as any other hot stock. Players from the average Joe to the richest individuals and institutions are clamoring for a piece of the action. The massive attention of late paints a very different picture than the nascent 2009 launch of Bitcoin, the first cryptocurrency. It has switched from a geek's part-time occupation to an all-around credible investment, attracting investors in droves. As people venture into crypto trading, terms like bull and bear markets…

Over the past few hours, ETH has managed a bullish breakout above several key resistance levels while BTC continues to trade sideways. The second-largest cryptocurrency by market cap has been showing continued strong upward price momentum since the weekend, prompting crypto pundits to anticipate that ETH could soon set fresh highs and follow bitcoin's recent parabolic rally. ETH has gained over 12% in the past 24 hours and surmounted the $1,250 and $1,280 resistance levels against the US Dollar. As…

If you're familiar with financial markets such as crypto trading, you're probably aware of bullish and bearish markets. The term "bull" and "bear" describe market conditions, and traders must know how to act in such conditions. For example, a bullish market exists when traders expect crypto to increase prices by up to 20%. In a bull market, investors are looking to invest their money due to increased investors' confidence in the market. However, despite the rise in market prices, the…

Within the previous week, the dominance of Bitcoin over the cryptocurrency market has been steady despite its decline since the beginning of 2020. The dominance needs to reduce for altcoins to secure any kind of huge momentum that does not depend on Bitcoin. According to a renowned cryptocurrency analyst, this may soon happen, noting that the cryptocurrency market is now closer than ever to seeing altseason, which allows altcoins to record huge gains. In his explanation, three major factors support this outlook, and…