Bull Run
What is a Bull Run?
A Bull Run is characterized by a market showing continuous price advances over a specific duration, generally recognized as a 20% growth from previous peaks, driven by market enthusiasm and positive outlook.
A commodity is considered to be in abull market This phenomenon typically persists for a stretch of two months or longer. Conversely, a Bull Run is contrasted by aBear Market .
Understanding Bull Runs
Bull runs generally indicate a surge in investor willingness to take risks and often follow or precede bear markets. In the realm of cryptocurrency, a bull market can last for just a few days, and due to the inherent volatility of these markets, it can swiftly transition into either a stagnant or bear market, based on thecurrency .
Where does the bear and bull imagery originate? Wall Street has traditionally utilized the images of a bull and a bear to represent different market dynamics. In this metaphor, a bear tends to push down on a market, while a bull lifts it up with its horns.
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