What is the bull season? The bull season is called the market period when crypto money investors buy more than normal, volumes increase, and the level of greed increases. As Kriptokoin.com, we will answer the question “What is the bull season” in this article. In addition, we will answer other questions about the subject.
The term “bull season”, which has been used more and more recently with the increasing interest in crypto money, is actually not a new term. The term bull season can be used on traditional exchanges, as well as on anything traded, including bonds and fiat currencies.
What is the bull season?
The bull season is briefly a period when the cryptocurrency market starts to rise and many investors profit. Some altcoin projects can increase many times according to the duration and effect of this period and bring high profits to their investors. Investors think that the market will go up in this period and increase their investments accordingly. This period can last for weeks, months or sometimes years. The reason why this period is associated with the bull is that the horns of the bulls are upwards and this resembles the ascension.
Cryptocurrency market is a market with high volatility (price volatility). Sometimes, it provides high income to its investors in a short time. However, sometimes it can cost a lot of money. For this reason, many investors wait for the market to turn into a bull market to invest. However, it is not possible to predict exactly when the bull market starts. Investors try to predict the period when the rise will start by following political, technological, economic developments and market movements.
How long does it take?
Bull season does not mean that cryptocurrencies will rise non-stop at that time. Although there may be serious increases throughout the period, it is quite natural that there will be decreases from time to time. Corrections made by cryptocurrencies are seen as important for healthy rises. For this reason, experts state that investors should think twice before panic selling in such corrections.
However, on the other hand, the bull season does not last forever. Developments that will affect the whole world (Covid-19 epidemic, Russia-Ukraine tension, etc.) can increase the volatility in cryptocurrencies. Successive bad developments can also cause sudden and severe declines. This situation naturally undermines the confidence of investors. Investors whose confidence is shaken can sell their goods and deepen the declines. This sequence of events can bring the end of a bull season and lead to the beginning of a bear market, which is in full swing.
What is the bear season?
It is the exact opposite of what happened in the bull season. Investors’ confidence is falling and the level of fear is rising. In addition, a decrease in volume and a decrease in the number of investments can be seen.
It is seen that cryptocurrencies, which broke records in the bull season, have regressed to their low prices months ago. However, having a bear season does not mean that cryptocurrencies will always fall. For example, when a successful project announces a new partnership with a large company, this news will reflect positively on the cryptocurrency of the project. So even if there is a bear season, it is normal to experience a rise in that cryptocurrency. However, it is seen that such increases are generally short-term.
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