What does it mean to be bullish or bearish in crypto?

Bullish and bearish outlooks on the crypto market can depend on the person holding the view. When talking about markets, both mainstream and crypto, “bullish” and “bearish” often come up in headlines and conversation, although such usage typically depends on financial knowledge and experience.

What is a bullish cryptocurrency market?

As the opposite of a bearish market, a bullish market is categorized with inclining prices of cryptocurrencies and buyer optimism. When after a bearish run, the price of a cryptocurrency reaches new lows, investors are encouraged to buy cryptocurrencies because of the new potential to increase in price.

What does it mean to be bullish on Bitcoin?

In crypto, bullish has the same meaning. Millions of individuals have been bullish on Bitcoin for years since its inception, believing in the “digital gold” and its impact on our society.

What does it mean to be bullish or bearish?

If someone is bullish, it means they expect an asset or asset class to rise in price. Conversely, bearish refers to negative price expectations. Someone holding a bullish lean is sometimes called a “bull,” or “bulls” if a group or faction of the market is bullish.