A Crypto Bull Run can dramatically shift the state of crypto markets, changing the price of specific assets. A Bull Run hit the markets in late 2021, seeing the price of Bitcoin remain high through the end of the year and into 2022.
For those new to the Crypto world, the Crypto Bull Run may sound unfamiliar. Here’s what you need to know about it, as well as when to expect the next one.
What is a Crypto Bull Run?
A crypto bull run is a market period when the prices of any crypto asset are stable and consistently rising. The Crypto bull run, or “bullish crypto market,” denotes a stable market period when the prices of cryptocurrency are consistently rising without witnessing any downward price movement.
When a crypto asset sees a consistent price spike over a period of time, analysts will label that time as a “bullish run.” An example of this is BTC’s late 2021 run. It saw consistent increases and only slight dips in price over a period of months.
When is the next one?
As mentioned previously, the most recent crypto bull run began in late 2021, with BTC at the forefront. Another is expected to come in 2022. With the Ethereum Merge coming in September, multiple tokens can see peaks and dips, signifying a bull run coming soon.
Shiba Inu (SHIB) and Ethereum (ETH) can be the leaders of the upcoming run. Positive news and reports for each token have seen them grow over the course of Summer 2022.
While some experts call ETH a “sell the hype” situation, it will still see a likely spike going into the merge. Going into Q4, both tokens don’t appear to have major drops coming. Therefore, expect a bullish run in the near future, especially post-merge.