What are the signs indicating the start of the next bull run in the crypto market?

3 answers

• Dec 20, 2021 · 3 years ago
  One of the key indicators of an upcoming bull run in the crypto market is a significant increase in trading volume. When the trading volume starts to surge, it often indicates growing interest and confidence from investors. Additionally, positive news and developments in the crypto space, such as regulatory clarity or major partnerships, can also signal the start of a bull market. Technical analysis, such as identifying higher highs and higher lows on price charts, can provide further confirmation of a bull run.
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• Dec 20, 2021 · 3 years ago
  You know a bull run is coming when everyone and their dog starts talking about Bitcoin and other cryptocurrencies. Suddenly, your friends who have never shown any interest in crypto are asking you for investment advice. This kind of mainstream attention and FOMO (fear of missing out) can be a strong indicator that the market is about to take off. Keep an eye on social media platforms and news outlets for signs of widespread excitement and hype.
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• Dec 20, 2021 · 3 years ago
  As an expert at BYDFi, I can tell you that one of the signs indicating the start of the next bull run in the crypto market is a significant increase in the number of new users and accounts being created on cryptocurrency exchanges. When more people are joining the market and opening accounts, it suggests a growing interest and potential for a bull market. Additionally, positive market sentiment, such as a general optimism among investors and positive price movements, can also indicate the beginning of a bull run.
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