Bitcoin’s Big Test: Will It Soar to $100K or Break Under Pressure?
Bitcoin’s Big Test: Will It Soar to $100K or Break Under Pressure?
A cryptocurrency bull run refers to a period of sustained and significant price increases in the market for digital currencies. During a bull run, the value of many cryptocurrencies, such as Bitcoin, Ethereum, and other altcoins, rises sharply, often driven by increased investor enthusiasm, positive market sentiment, adoption by mainstream institutions, or favorable news. These periods are typically characterized by high trading volumes, widespread media attention, and a general sense of optimism about the future of digital assets. However, while bull runs present significant opportunities for profit, they are also accompanied by increased market volatility and the risk of sudden corrections, making it crucial for investors to carefully manage their risk during these times.
Bitcoin’s Big Test: Will It Soar to $100K or Break Under Pressure?