So I recently realized that many people still confuse what a bull run actually is. I think it’s worth explaining because it influences how we make decisions in the market.

Let’s start from the basics. A bull run is not the same as a bull market, although they are often confused. A bull market is a long-term thing—months, years—when prices steadily rise and everyone is optimistic. A bull run is something different. It’s more like that rapid phase when everything speeds up. A few days, a few weeks when prices shoot up and everyone thinks something is happening. It’s like when the “bull run” kicks into full gear—sudden price increases, huge trading volume, and then it attracts more people because they see something going on.

In crypto, it’s even more dramatic than elsewhere. High volatility means that when a bull run starts, it can be really wild. Just a news story about ETF approval, a network upgrade, or simply big institutions starting to buy Bitcoin, and it all kicks off.

So, how do we know a bull run is approaching? We see it in several signs. First, prices are rising and trading activity suddenly picks up. Demand is higher, new money is entering the market. Then there’s the optimism—media talks about it, analysts give positive forecasts, people discuss it on social media. In cryptocurrencies, we see more articles about Bitcoin, more people searching for information.

Another sign is that big players are entering. Hedge funds, pension funds, corporations—when they start buying Bitcoin, it’s known, and it encourages more buying. Regulatory changes also play a role. When something gets approved or technology advances, everyone thinks it will lead to mass adoption.

Then we see interest in altcoins. Bitcoin goes up, everyone watches, and then speculators turn to less-known assets. That’s a classic sign that a bull run is in full swing.

Now, to the question—has a bull run already started? I’d say some signs are there. Since last September, Bitcoin has shown steady growth on larger timeframes. Technical indicators like RSI suggest bullish tendencies. Institutions are again interested in Bitcoin, and last year I saw major financial firms re-enter the market.

Regulatory development also helps. When new ETFs get approved and regulators become more accommodating, it creates room for growth. And altcoins? In recent months, I see money flowing into them. That’s a classic sign.

But here’s the thing—not every increase is a bull run. Sometimes prices spike sharply just because something happens, and then they fall back. Fake signals exist. Speculation, manipulation, local jumps—these all happen. Before someone decides to buy, they should look at fundamentals, read the news, and not just jump in blindly.

These risks are real. When everyone sees Bitcoin rising, they want to jump on the bandwagon. But those buying at the top, when everything is already overheated, often see sharp corrections. A bull run is tempting, but it’s not a certainty.

Bitcoin is currently around $68,000, and the targets that should come if the trend continues are somewhere around $83,000 and then $90,000. These are levels that should be reached if the bull run really kicks in. But again—it's not just about numbers. It’s about understanding what’s happening in the market.