All terms
A sustained period of rising prices and rising optimism.
A bull market is a stretch where the general direction is up, dips get bought quickly and confidence builds on itself. In crypto these have historically followed a rough four year rhythm connected to the Bitcoin halving and to global liquidity.
Bull markets make everyone feel like a genius. That feeling is the main risk they carry, because it encourages larger positions and looser standards right as prices get expensive.
In a bull market almost everything goes up, which makes it very hard to tell skill from luck.
That a bull market means everything goes up. Most tokens underperform badly even in the strongest years, and a great many never recover their previous high at all. The index rising is not the same as your bag rising.
Common questions
How do I know a bull market has started?
Do all coins go up in a bull market?
Where to go next
More trading terms
Want this explained out loud?
Some of these land faster in conversation than in writing. Sessions are one to one and you can ask anything, including the things that feel too obvious to ask.