- The bull run is a period when the cryptocurrency market rises strongly and continuously.
Main reasons:
1. Institutional adoption (such as major companies or governments).
2. Technological developments (network upgrades like Ethereum 2.0).
3. Economic conditions (such as inflation or banking crises).
4. Positive news (such as regulatory approvals like Bitcoin ETFs)
Historical examples:
- 2017: Bitcoin from $1,000 to $20,000 (ICO craze).
- 2021: Bitcoin to $69,000 (institutional support + NFTs).
- 2024: New rise after SEC approval of ETFs.
Risks:
- Sharp fluctuations (sudden crashes).
- Irrational speculation (buying poor coins).
- Scams (fake projects).
Tips to benefit:
✅ Don't invest money you can't afford to lose.
✅ Diversify your portfolio (don't focus on one coin).
✅ Use stop-loss orders.
✅ Do your research before buying.
> "The bull run makes the rich... but only the patient and rational remain!" — *Trader's wisdom*.
🚀 Summary: The bull run is a golden opportunity for the informed investor, but it's a dangerous game for the reckless.