If you are currently reading this piece and you are a beginner in crypto, you may have probably heard about bull run.

But what is the meaning of bull run in crypto? 

Bull Run Meaning: Simple Analogy

Paint a picture where you check the price of Bitcoin today and it is $30,000.

By next week, it is $35,000 and a month later, it has gone up $45,000.

While this is happening, people are talking about it and news channels are covering it.

To go a step further, people who had once said “crypto is a scam” start asking how to buy Bitcoin.

This is what we call a bull run in crypto.

Simply put, bull run meaning in crypto is a period when cryptocurrency prices keep rising over a sustained period.

Investors are feeling positive as they believe prices will keep rising. Also, more money keeps flowing into the market. It is the opposite of a bear market where prices are falling and fear takes over.

Beginners often hear this term because bull runs are when crypto gets the most attention.

This is usually when many people join the market, hoping to catch the wave and make some profits.

But to really understand it, let’s look at how a bull run works.

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Bull Run Meaning: How it Works

crypto bull run meaning

You should know that a bull run does not just happen overnight.

It is usually the result of different factors building up to that moment. This is how a crypto bull run works:

  1. Rising Prices: At this early stage, the price of a major cryptocurrency like Bitcoin or Ethereum starts going up. Investors and traders see the prices going up and begin to buy.
  2. Investor Optimism: As the price of that crypto climbs up, investor optimism grows. More people feel confident that it is the right time to buy. This confidence fuels further buying.
  3. New Investors Join the Market: The excitement draws in new participants. Of course, it is making headlines and more people get to hear about it. Doubters slowly start becoming believers.
  4. Market Momentum: Demand keeps rising and with more money flowing in, prices go up even further. At this stage, many people believe prices will only keep going up, which fuels even more buying.

In all, the meaning of bull run in crypto is not just about rising prices, but also about the optimism and confidence that keep fueling the market.

Simply put, a crypto bull run is moved and powered by positive feedback. The rising prices attract more buyers and more buyers means prices will go up even higher. 

Now, what are the indicators of a bull run? Let’s look into the signs.

Key Signs of a Bull Run

How can you tell if the market is in a bull run? To fully understand bull run meaning, here are the most common signs:

  • Higher Trading Volumes: More people are buying and selling, so you will notice bigger daily trading numbers on exchanges.
  • Mainstream Media Coverage: Crypto suddenly becomes a hot topic. News outlets, talk shows, and magazines can’t stop discussing Bitcoin or the latest “hot coin.”
  • Social Media Hype: Platforms like X, TikTok, and Reddit are filled with crypto conversations, tips and predictions. You’ll see hashtags trending and influencers hyping coins.
  • New Investors Entering: When people who have never bought crypto before suddenly show interest, that’s usually a sign. You may even hear taxi drivers, co-workers or distant relatives asking, “How do I buy Bitcoin?”
  • Surging Prices Across Coins: Bitcoin may lead, but during a bull run, altcoins (other cryptocurrencies) also enjoy huge price gains. Some coins may even shoot up hundred percent within weeks.

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Famous Bull Runs in Crypto History

what does bull run mean in crypto

Crypto has been in existence for a long time now, and over the years, there have been quite a number of bull runs. To better understand the meaning of a bull run in crypto, let’s look back at a few of the most famous ones.

2017 Bitcoin Rally

In early 2017, Bitcoin was trading under $1,000.

By December of that same year, it reached nearly $20,000.

This rally caught global attention and introduced millions of people to crypto for the first time. The main drivers of this Bitcoin rally were:

  • Increasing adoption 
  • Growing media coverage 
  • The launch of Bitcoin futures trading.

2021 Crypto Boom

After the COVID-19 market crash of 2020, Bitcoin started climbing again. By 2021, it went past $60,000. Ethereum also surged, hitting over $4,000.

Meme coins like Dogecoin gained massive popularity thanks to social media hype, particularly from celebrities like Elon Musk. The bull run took off thanks to big investors coming in, massive public interest, and the sudden boom of Non-Fungible Tokens (NFTs).

Both of these examples show how quickly markets can rise during a bull run and how they capture the world’s attention.

But they also remind us that bull runs don’t last forever. After the highs, corrections and bear markets usually follow.

Looking at past rallies helps beginners clearly see the meaning of bull run in crypto in action.

Tips for Beginners During a Bull Run

meaning of bull run in crypto

If you are new to crypto, a bull run can be exciting but also overwhelming.

You can see the price of crypto soaring high right before you.

As the prices are going up, everyone is talking about it and money is being made. It is now that the fear of missing out (FOMO) can be strong. Here are some practical tips to keep you safe:

  1. Avoid FOMO Buying: Don’t buy a coin based on what you heard or simply because it is trending. Many beginners buy because of hype and end up losing money. You do not want to be in that situation.
  2. Take Profits Strategically: It is tempting to keep holding when prices rise, but remember that unrealized gains can quickly disappear if prices fall. Consider taking profits in stages. For example, you might sell part of your holdings after a certain percentage gain.
  3. Secure Your Assets: During bull runs, scams and hacks increase because of high activity. Store your crypto in trusted wallets. If you’re holding large amounts, consider using a hardware wallet.
  4. Don’t Invest More Than You Can Afford to Lose: Bull runs can make it seem like everyone is winning, but risks still exist. Only invest money that won’t affect your daily life if the market suddenly turns.
  5. Stay Informed and Cautious: Follow reliable news and updates but don’t get carried away by hype. Remember that markets can turn quickly, and being cautious is part of smart investing.

A bull run is a good opportunity to grow wealth but discipline is what helps you keep it.

For You:

Do’s and Don’ts of A Crypto Bull Run

To make it easier, here’s a table breakdown of what to do and what not to do during a bull run:

Do’s Don’ts
Take profits gradually as prices rise Don’t hold blindly thinking prices will never fall 
Secure your assets in safe wallets Don’t leave all your funds on risky exchanges
Invest only what you can afford to lose Don’t borrow money or sell your essentials just to invest
Stay informed with reliable news sources Don’t follow random hype on social media 
Plan your entry and exit strategy early Don’t panic buy at the peak or panic sell at dips

About Breet

Breet

When it is time to cash out on those profits on Bitcoin or any other cryptocurrency, Breet makes it easy.

Breet helps you to easily convert your crypto to cash in a simple, secure and seamless way.

That way, you enjoy the rewards of the bull run instead of worrying about how to manage them. 

With over 250k verified users, you’ll be joining a fast-growing community of people cashing out their crypto safely.

You simply have to register an account with Breet, trade your crypto in and you get your money directly to your bank account in minutes. 

Happy trading!

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Conclusion on Bull Run Meaning

Bull run meaning in crypto is simple to grasp.

It is a period of rising prices, growing confidence and massive activity in the crypto space.

Bull runs are when crypto grabs headlines and attracts millions of new investors.

However, it is also a time when mistakes can be costly if you let emotions take over. 

For beginners, understanding the meaning of bull run in crypto is not just about spotting the hype.

It is about knowing how to act wisely, protect your assets and secure profits. Crypto bull runs can create life-changing opportunities but only for those who play smart.

Frequently Asked Questions About Bull Run Meaning

What causes a crypto bull run?

Bull runs are usually caused by a mix of factors that include positive news, technological developments, institutional adoption, and strong investor confidence.

How long do bull runs last?

There’s no fixed timeline. Some last a few months, others over a year. The 2017 run lasted about a year, while the 2021 run stretched for more than a year before cooling down.

Are we currently experiencing a bull run?

The market changes constantly. To know if we are in a bull run, look at signs like sustained price increases, higher trading volumes, and mainstream attention.

What should I do if I miss a bull run?

Don’t panic. The crypto market works in cycles and new opportunities always come. Instead of chasing after the market, focus on learning and preparing for the next phase.

 

Author

  • Grace nwadike

    Grace is a technical writer with over 5 years of experience. She has a background in Education, Literary Arts and Content marketing. At Breet, she helps make crypto easy for everyone to understand. When she’s not writing, she’s watching documentaries or reading a good thriller.