Good day everyone,

Hope we had a wonderful weekend?
Today we will be talking about the crypto market trends.
Just like it counterpart, stock market, we have bullish market trend, bearish market trend and ranging market trend.
What is Market trends; A market trend is a perceived tendency of the financial markets to move in a particular direction over time. in other words, Market trend means a certain direction of price movement over a particular period. Analysts classify these trends as secular for long time-frames, primary for medium time-frames, and secondary for short time-frames.
BULLISH MARKET TREND
Bullish trend is an upward movement in the prices of a crypto asset or the overall rise in broad market indices, characterized by high investor confidence.Bullish trends are characterized by rising prices, increasing trading volumes, and strong demand for the asset.

BEARISH MARKET TREND
Bearish trend is a downward movement in the prices of a crypto asset. In other words, bearish trend is when an asset is experiencing prolonged price decline to the value of -20% from it most recent high. Bearish trend are characterize by pessimism among traders, recession, massive sell off by known investors, etc

RANGING MARKET TREND
Ranging trend is a market where the crypto asset prices move back and forth between a price range of a high price level and a low-price level.

Trends are generally created by four major factors: government, international transactions, speculation/expectation, and supply and demand.

We continue tomorrow 💯