Did you know about the bulls 🦬♉

In the world of cryptocurrencies (and financial markets in general), the term "bulls" refers to traders or investors who have a positive outlook on the market or a specific asset (such as a cryptocurrency).

Here’s a breakdown of what "bulls" means in cryptocurrencies:

* Optimistic traders: Bulls are those who believe that asset prices will rise in the future. They push the market upward by buying.

* Bull Market: When the "bulls" are in control of the market, meaning that the majority of investors expect prices to rise and are buying heavily, this period is called a "bull market" or a "bull run." This period is characterized by rising prices, increased confidence among investors, and higher trading volumes.

* Reason for the name: It is believed that the name comes from the way a bull attacks, thrusting its horns upward, symbolizing pushing prices up. In contrast, "bears" are traders who expect prices to fall and sell, symbolized by a bear swiping its claws downward.#MyCOSTrade #CEXvsDEX101 #TradingTypes101 #EDGENLiveOnAlpha #SaylorBTCPurchase $BTC $BNB