Here are the 5 signs of Early bull run.
In the past few days, Bitcoin has made headlines in the crypto space, with its price moving from $51,000 to over $60,000. Here are five signs to watch out for indicating the onset of a bull run:
1) Price Reaching Unprecedented Levels: As the price of Bitcoin starts to reach new levels in short periods, this could mean that we're entering a bull season.
2) Spike in Volume: If the volume of the entire crypto market continues to increase positively, this can also signal a bull run.
3) All Altcoins Going Up: If altcoins start to experience significant pumps, it suggests we are about to enter a bull season.
4) Increase in Wallets: One of the best ways to spot the beginning of a bull season is to observe the increase in new wallets across different blockchains.
5) Whale Accumulation: If big investors and institutions start accumulating more digital assets in cryptocurrencies, then we are about to witness the bull season.