Present in both the stock and cryptocurrency universe, bullish is a term that indicates when the market has interesting conditions, that is, favorable to the investor. After all, it is an indicator that crypto is trading high.
In other words, to understand what bullish is, a tip is to make an association with the translation: when this market oscillation occurs, the charts resemble the movement of a dash, going from the bottom to the top.
To understand this term and others related to the cryptocurrency buying and selling market, continue reading the content below and see how to plan to take advantage of the opportunities. Check out.
In practice, how does bullish work?
Bullish is considered a cycle, both short and long, that highlights the appreciation of one or more cryptocurrencies. However, there is a 20% minimum when it comes to bullishness, especially on the most popular virtual currencies.
Thus, even if it is a small change in the values of crypto currencies, when this optimistic climate becomes evident, the trend is for negotiations to increase.
Bull market and bear market: What is the difference between the terms?
To understand bullish, the translation says a lot, but there are other terms that are involved, such as bull market and bear market. While this first term is used to indicate the bull market, the second is the opposite, used only when cryptocurrency values are falling.
Due to the popularity of these expressions, both in the asset and digital currency markets, adjectives were created. That is, bullish for the bullish with the market and bearish for the bearish one.
Thus, when there are expressions such as “bullish vs bearish”, it means that there are comparisons between the values of crypto actives. This helps the investor to find the currencies in which his equity is worth investing.