Is strip a bullish strategy?

Can you elaborate on whether using a strip strategy in cryptocurrency trading or investing is considered a bullish approach? It's important to understand the mechanics behind this strategy and how it potentially aligns with a bullish market sentiment. Are there specific conditions under which a strip strategy might be favorable for investors looking to capitalize on an uptrend in the cryptocurrency market? Additionally, are there any potential risks or drawbacks to employing this strategy that investors should be aware of?