Characteristics of a Bull Market🐂
In a bull market prices have the tendency to rise and to continue expanding until it reaches a climax point. Bull markets happen when the buying pressure is more significant than the selling pressure.
In other words, we have strong demand but weak supply. So we have an imbalance in the supply-demand equation of the market.
Technically speaking, these are some of the most obvious features of a bull market:
◾ Shallow retracements or pullbacks.
◾ Strong momentum to the upside.
◾ The price making a series of higher highs and higher lows.
◾ The strong bullish trend will get lots of attention from the mainstream media.
Stay safe
and
Stay tuned by Rocket Bomb 🚀💣
註釋
Short term!
註釋
註釋
Go go , BTC
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