A bull market is a condition where prices are expected to have a long-term upward trend. Initially, the term “bull market” is referred to in stock trading but can also be applied to crypto-currencies, commodities, bonds, and real estate.
Since asset prices either go up or down, the term for “bull market” is used when there is an overall long-term upward trend in the market, where they can last for months or years.
Bull markets involve investor confidence with long-term expectations of upward potential. Although trends and price potentials are present in a market, it is rather difficult to consistently keep up with the changing market trends. One of the strongest elements is through market sentiment “Fear & Greed”, which plays a role in shifting momentous in markets, especially the Crypto-currency market.