Are We In A Crypto BULL MARKET ?
A bull market in simple terms can be defined as a season in crypto when assets prices experience higher highs and higher lows for a period of time.
Bitcoin has been steadily moving upwards from $20,250 back in January to now over $30,000.
But the question is can be call this a bull run?
Based on the definition of what a bull market is. In a bull run, most of the assets experience this upward momentum.
But this is really not what is happening, apart of Ethereum other mid cap altcoins & small cap altcoins are yet to jump in their price and do big gains.
According to a #crypto news analyst, this could be a bear market rally.
Bear Market Rally: A short period when the market prices move up because of a brief optimism in the market.