I just learned about the concept of a bull run, and it's quite interesting when looking at the current market. It's not just a term used casually but a specific market condition that most investors are hoping for.

Simply put, a bull run is a period when high demand exceeds supply, prices continuously rise, and market sentiment is at an all-time high. When you see prices trending sharply upward in a certain market, it's a sign that most people are optimistic and believe it will keep going up. This creates a strong positive feedback loop, attracting more investors, and causing prices to keep climbing endlessly.

The beauty of a bull run is that it heavily depends on public psychology. When confidence increases, prices go up, and as prices rise, confidence grows even more. That's why some investors try to gauge market sentiment to detect early when a bull run might start.

Now, regarding timing, previously there was a forecast that a bull run would start when BTC surpassed $48,000. But looking at the current data, Bitcoin is already at $71.55k, meaning that threshold has long been broken. This indicates that a bull run may have already begun or is currently underway, and the market is showing strong signals.

Understanding what a bull run is will help you identify potential opportunities and avoid mistakes in investment decisions. If you're monitoring the market, pay attention to changes in sentiment and prices to catch these opportunities.