When Bitcoin Soars: Everything You Need to Know About Bull Runs

If you follow the crypto market, you’ve noticed: 2024–2025 has brought a new wave of recovery. Bitcoin has already approached its all-time highs — current price around $96.85K, with the 2021 peak at $126.08K. This is a good moment to understand: what is a bull run and how does it work?

What happens in the market during a rally?

A bull run is a period when digital asset prices rise, and buyers gain the upper hand over sellers. Demand exceeds supply, trader confidence grows, and a general optimism emerges. It’s not just random fluctuation — usually, a bull run is associated with real events: new technologies, regulatory changes, or increasing investor interest.

In the cryptocurrency market, a bull run differs from traditional financial markets in that it can develop very quickly. Prices can double or triple in just a few months.

Main drivers of price growth

Why does a bull run start at all? Here are the main factors:

Supply and demand — if everyone wants to buy and there are few sellers, the price rises. This is especially true for assets with limited supply, like Bitcoin.

News and media — positive media coverage acts as a catalyst. When celebrities or large companies talk about cryptocurrencies, the hype grows, and newcomers enter the market.

Regulation — approval of spot Bitcoin ETFs in 2023 became a turning point. It provided institutional investors with a legal way to access the crypto market.

Technological updates — launching new blockchain platforms, improving network speed, introducing new DApps — all of these generate interest.

History repeats: the loudest bull runs

Bitcoin in 2013–2014: price jumped from $13 in January to $1,100 in December. The first major hype around cryptocurrencies.

Ethereum in 2017: soared from $10 to $1,400 thanks to the ICO boom and smart contract development.

Bitcoin in 2020–2021: grew to $69,000 as investment funds and corporations started buying BTC as a reserve asset.

2023–2025: recovery after the FTX crash. In 2023, Bitcoin increased by 155.57%. By early 2025, the price approached record levels again. Drivers include: approval of Bitcoin ETFs, hopes for lower Fed rates, successful inflation control.

How to recognize the start of a bull run?

Traders look for several signals:

Technical analysis — rising trends on charts, breakout of resistance levels, increased trading volumes. If the price stays above key levels, it’s a good sign.

Market metrics — watch trading volume, market capitalization, buyer activity. If all are growing simultaneously, the likelihood of continued growth is higher.

News and events — Bitcoin halving (when mining rewards are cut in half), approval of new products, major investments in blockchain startups.

But remember: no method guarantees 100%. The market can turn sharply.

How to trade during a bull run?

Diversification — don’t put everything into one asset. Spread risk across Bitcoin, Ethereum, Solana, and other promising projects. Study the fundamentals before buying.

Dollar-cost averaging (DCA) — instead of investing the entire amount at once, buy gradually each week or month. This reduces volatility impact and averages the purchase price.

Long-term positions — the crypto market is volatile, but it grows in the long run. If you buy during a bull run and hold for 1–2 years, your chances of profit are higher than with short-term trading.

Risk management — set stop-loss orders, define your exit target, trade only with amounts you’re willing to lose.

Main risks of a bull run

Price growth attracts not only honest traders but also scammers.

Volatility — even during a bull run, prices can drop 20–30% in a day. Beginners often panic and sell at a loss.

Fraud — fake projects, pump (artificially inflating prices), schemes to “get rich quick.” The crypto industry is still under-regulated, so be cautious.

Lack of full protection — unlike stocks, crypto assets are not protected by government insurance. Forget your wallet password or fall victim to hacking — funds are gone.

Cyberattacks — use secure wallets, two-factor authentication, and do not share private keys with anyone.

What does an ideal strategy look like?

Combine several approaches:

1. Analyze — look at charts, read industry news, follow actions of major players.
2. Diversify — hold a portfolio of multiple assets (BTC, ETH, SOL, etc.).
3. Invest systematically — use DCA instead of buying everything at once.
4. Protect assets — secure wallets, two-factor authentication, cold storage for large sums.
5. Don’t panic — even if the price drops 15–20%, remember that a bull run can continue.

Summary

A crypto bull run is a real opportunity, but not magic. Prices grow due to demand, news, regulation, and technological development. 2024–2025 showed that after a crash, the industry can recover. Bitcoin is already close to its all-time highs, and Ethereum, Solana, and other assets are also demonstrating growth.

Trade smart: learn, diversify, avoid all-in positions, and be aware of risks. Cryptocurrency is a speculative asset, and losing all your investments remains a possibility. Consult professionals and trade only with amounts you can afford to lose.