Post
Topic
Board Trading Discussion
Merits 3 from 3 users
Re: Bull market
by
gaurav@zup
on 26/04/2018, 16:41:51 UTC
⭐ Merited by darkangel11 (1) ,danherbias07 (1) ,vv181 (1)
Generally speaking, a bull market happens when prices rise by 20 percent, usually after a drop of 20 percent and before a 20 percent decline. Since they are difficult to predict, bull markets can typically only be recognized once they’ve happened.
Well that said it does not apply in the Crypto market as the crypto market is very volatile but the bull run is said when the market is on the rise for more than a month and at a overall rise in market of minimum 50% (percent can be argued to even higher degree). But as seen in past the Bull run went upto 300% to 1000%, so the upper limit is out of the discussion for time being. Smiley