Bull & Bear Market
Bull = market rising, Bear = market falling — key cycle concepts.
Bull and bear market are terms from traditional finance that describe the general state of the market.
Bull market:
•Prices rise 20%+ from last bottom
•Positive sentiment, FOMO, media interest
•Crypto bulls: 2013, 2017, 2020-2021
•Typically lasts 1-2 years
Bear market:
•Prices fall 20%+ from last peak
•Negative sentiment, FUD, "crypto is dead"
•Crypto bears: 2014-2015, 2018, 2022
•Typically lasts 1-2 years
Crypto specificity — halving cycle: Historically, Bitcoin bull markets start 6-18 months after the halving and last until the next one. Not guaranteed, but has been a reliable correlation so far.