Crypto Glossary

Posted on September 13, 2021 in

Bull Market

Bull market is a market behavior which indicates an uptrend.

What’s a ‘Bull market’?

Bull Market

Bull market is a term that describes the condition of a financial market where prices are rising or are expected to rise. 

Type of market trend

There are three patterns of price movement behavior :

  1. Uptrend: the higher price movement
  2. Downtrend: the lower price movement
  3. Sideways: the horizontal price movement

The reason why they called Bull market

Actually we think a bull is like a furious and surging emotion. When the market is following an uptrend, the investor moods are also like that. Therefore, many investors would like to trade in the market and expect the returns. These make the market atmosphere also bustle. Therefore, an uptrend is the same as a bull market.

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