THE BULL RUN REGARDING CRYPTOCURRENCY MARKET

Hello to everyone in this wonderful community today and in this great platform entirely. I greet you all in good spirit and I want to believe that everyone is doing just well today and if so we give God the praise for the sustenance of life and good health.

I want to also use this medium to welcome you all to the first day of another marvelous month and to also a wonderful weekend and I hope that this month bring blessings to us all and may it extend to our beloved families and loved ones.

Today I am here amidst you all to discuss about an important topic regarding cryptocurrency. Just as we already know that the digital currency is a profitable cryptocurrency especially when a trader purchases a particular asset when it is low and then sell the same digital currency when it is high and as such the said trader has made profits as the digital asset gain more value in the cryptocurrency market.

I have titled today's discussion The bull run regarding cryptocurrency market. This is an interesting topic which is talking about a long uptrend movement in regarding the entire cryptocurrency asset in the market and I urge you all to sit tight and relax while I begin the teaching for today. I wish you a happy reading.

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Before we begin the discussion for the day I will like us to understand a particular term which is called Bull run. This is to help us to understand the concept and also the topic regarding today's discussion for more emphasis.

THe MARKET BULL RUN

A market bull run can be seen or is said to be a particular time-frame whereby all the asset in the market begins to gain much value in the market.

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Let us take an example of the conventional market today, there are times whereby the price of every asset increases as a result of a high in the economy and as such almost everything in the conventional market begins to increase in price.

More often when we go to get a particular thing in the market, the price at which we purchased a particular asset previously will certainly be quite different from the current price regarding that asset at that particular point in time. So in essence the term bull run regarding the conventional market is said to be the time where almost all the asset increases in price value for a particular time-frame.

Now that we have gotten the idea regarding what bull run is all about, let us immediately discuss the term in relation to the above topic today.

THE BULL RUN REGARDING CRYPTOCURRENCY

The cryptocurrency market bull run is said to be the a current uptrend movement regarding price of almost all the asset in the cryptocurrency market. The bull run does not just occur in the market as a result of individual trades that has been executed regarding different asset in the cryptocurrency market.

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The main facilitator of the cryptocurrency market bull run is the trading volume of the greatest cryptocurrency asset in the cryptocurrency market which is the Bitcoin. The volume at which the Bitcoin is been traded determines the price of other assets in the digital market.

As the price value of the Bitcoin increases in the cryptocurrency market, other the price value of other assets in the cryptocurrency market also takes the same position and increases in the cryptocurrency market too. This can also be said that the most digital assets depicts the trend movement of the Bitcoin in the cryptocurrency market.

When many traders are seen in the market trading the Bitcoin cryptocurrency, as they purchase the Bitcoin, the price of the Bitcoin rises as it depicts higher highs in the market and if this is stable for a long period of time, other digital asset follows as they also increases in price.

This is when most investors come into the cryptocurrency market and begins to accumulate asset and the move they purchase assets in the cryptocurrency market, the more the prices of asset increases and this is solely facilitated by the Bitcoin and the Ethereum digital currency.

It is at this point that investors who has purchased certain portfolios at a low value would want to sell off those assets when the prices increase or as soon as they have noticed that they are in profits in the cryptocurrency market.

Also as they sell of the said assets, other traders and investors are ready in the market to stack it all up in other to hold more of the asset and also sell above their entry price as more traders come to purchase more of the assets in the digital market.

All traders are expectant of the bull run in the cryptocurrency market because this is when many traders and investors makes profits as they tend to lay off their cryptocurrency assets at a very high price.

The cryptocurrency is a long time investment and many traders and investors tend to purchase assets and then keep them in their wallet for so long and this is because they have a target to hit and this target often hits when there is a bull run regarding asset prices in the cryptocurrency market.

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CONCLUSION

In summary, the bull run just as I have said earlier is regarded as the increase in the price value of cryptocurrency assets in the market. This is not limited to a particular asset but almost all the asset in the cryptocurrency market and I said that the bull run is determined by the trading volume of the biggest asset in the cryptocurrency market which are the Bitcoin and the Ethereum.

The price value of the Bitcoin in most occasions determines other asset prices especially the assets that are low in value when compared to the Bitcoin and the Ethereum. The bull run is also facilitated by the activities of investors and traders as we get to see a bullish trend movement regarding assets prices in the cryptocurrency market for a long time as the case may be.

It is always wise to purchase digital assets when the prices are very low in other to sell when we notice the cryptocurrency market bull run for the purpose of making profits in the digital market. Thank you all for having me to and I look forward to seeing you all when next I am here.