In a bull market, prices are rising and expected to rise further.
October 2020: Bitcoin rose from Rs. 8 Lakh to over 10 Lakhs. That’s a bull market.
Investors buy in a bull market hoping to sell at a higher price. Sometimes the market continues up. Sometimes it doesn’t.
Disclaimer: Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions. Each investor must do his/her own research or seek independent advice if necessary before initiating any transactions in crypto products and NFTs.
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