How do you know that a coin is a about to hit the bull market?
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How do you know that a coin is a about to hit the bull market?
The first way analysts can determine whether a market is bullish or bearish, is through the use of indicators. As long as you make higher lows on the weekly it is a bull market. When you start to make lower lows then, yes that would be a sign that the bull run is over. But you only really know if you are in a bear market months later.
A bullish market is a market which is rising which means that the market is sound economically. A bearish market is the opposite of bull market. It means that the market is falling and showing a downtrend. During a bullish trend, the economy is overall strong and much employment opportunities exist in the markets. Whereas in case of bearish markets the economy is overall slow and unemployment increases in the economy. In a bull market demand is higher than the supply and investors wish to buy more securities than selling them. Because the demand increases it cause the prices to rise. Whereas in case of bearish market its opposite and investors intend to sell more than buy.