Discover what a bull run means in cryptocurrency and how the concept connects to online casinos. Learn how market surges, investor psychology, and risk-taking behavior shape both industries.
Last Updated: February 11, 2026 at 9:04 PM UTC +1
Published: February 11, 2026 at 9:04 PM UTC +1
Human Written Content
Human Written Content
A term that is almost as old as trading itself and dates back to times of the early stock market. It’s believed to have first been used in the 17th century and then appeared in written form in a book by Thomas Mortimer with the title “Every Man His Own Broker - A Guide to the Stock Exchange”. The book was one of the first guides on stock trading and became something like a bible of the ‘modern’ businessman especially at places like the London Stock Exchange, back when brokers had their stock in coal, salt, paper etc.
Let’s start with a simple picture. The bronze bull on Wall Street, in front of the New York Stock Exchange. Why is it there? Have you ever wondered?
It has become a main tourist attraction and is not just a sculpture, but a symbol of financial history. The full and official name of it is “Charging Bull” and it was designed by a Sicilian artist, named Arturo di Modica who apparently just dropped it off of his truck overnight. It weighs over 7000 pounds. What a move!
It then got removed by the New York Police but shortly after was officially installed as “The Charging Bull”. It also shows the connection between the Italian population of New York and their love for American opportunism and positivity when it comes to financial investments. Arturo di Modica wanted to praise the “Can-Do-Spirit” of the American/ New York people.
The imagery, as stated in the intro, is of course not from the late 80s but dates back way longer to comparably almost ancient times.
Now, why is the Bull specifically used for the good times in the market and ‘his opponent’ the Bear for the bad ones? Both are very strong animals that stand for Power and Fearlessness.
Folklore says it’s because the bull attacks with its horns up and the bear with its claws down. Sounds plausible but let’s take Mortimer’s guide for brokers as a reference here. He remarks that bulls are men who buy in excess of present demand while bears are men devouring any shares they can find to close their ‘short positions’. Now that sounds even more confusing? “Bear skin-jobbers” are men who practice naked short selling, they sell the bear's skin without actually having the bear. And bulls are men who optimistically buy stocks in anticipation of further gains. They practice a bullish behavior (which back then according to Mortimer) also often meant buying on credit, whereas the bearish behavior meant panicking and selling (often blindly/ without knowing).
Generally speaking he is critical of (all) brokers and advises individuals to not depend on them or ‘mimic’ their behavior.
Having clarified what Bulls and Bears in historical trading are, what is a Bull RUN then exactly? It’s almost obvious knowing the history now. It’s a timeframe where market prices go up exponentially. And a Bear Run or Market is a timeframe where market prices fall exponentially.
Looking back at history a very prominent example is not too difficult to think of: The Roaring 20s. The economy and with it the stock market kept marching into the clouds. Just to be crushed by Black Tuesday and the biggest stock market crash in modern history in October 1929. The world's first ‘real’ financial crisis.
It doesn’t come from afar that the term was adopted in the modern crypto world. A lot of wise and a lot of dumb things pop up if you just google these two terms together: You will find well thought market analysis and predictions and a lot of empty promises and financial preaching of so called “experts’.
“When is the 2026 Bitcoin Bull Run happening?”, “Is the Crypto Bull Run Over?”, “The Truth about the next Bull Run in Crypto” and so on and so forth.
One thing is clear: There is no established guide on that yet, no book like Mortimer’s that is almost 300 years old - Crypto has of course been studied extensively since it's around, but it’s way more volatile and unpredictable than the stock market we have since hundreds of years. We’re talking about a bit more than 10 years here, since Bitcoin and then other currencies entered the popular frame. Predictions are extremely hard to make and market studies don’t have a lot of reliable data to give solid references.
Let’s get philosophical real quick and break things very far down here. Let's literally break our crypto chart into very small segments. Because it’s always, as everything in life is, a matter of perspective. Thousands of Ups and Downs on our chart mean thousands of little Bull Runs and ‘Bear Markets’. So, to give a quick first answer to the above question: that depends on how you define it.
As (official) bull run definitions vary from a ”period of rising (stock) prices“ to “a prolonged period of rising prices” where you’d again have to ask: what does long mean or how long exactly? And then further: to what percentage, what kind of rise are we talking about here?
If we go back to Mortimer again, he mentions a period of two weeks (at the London Stock
Exchange in the late 1700s / the early 1800s.)
If we look at the U.S. Securities and Exchange Commission’s definition on the official government website, it says that a bull market (or run) is an at least two month period when a rise of 20% or more in the broad market index occurs.
As you would’ve probably guessed: You can’t. You can only predict future markets in hindsight, which kinda is a funny and paradoxical thing to say. We could also argue with ‘classic’ market predictions: When everybody sells, you should buy or when there is a significant high, you should sell. Looking at the history of the stock market as we know it today or let’s say how we know it since the last 100 years you can make out patterns. And with that being said, there is an estimation one can make that a bull run lasted averagely 9.6 months, where prices kept climbing until the ‘ultimate’ crash happened.
If we take that window of at least two months, coming from the one official financial governmental organ and not from ancient trading and with that a rise in market prices of 20%, the last so-to-speak bull run happened between June 15 and July 15 last year (2025). On June 15 Bitcoin was sitting at $99.100 and it did rise to $118.500. Technically it’s ‘only’ 19.4 % but that's the closest we get to our model definition in the past months.
Right now we are experiencing a bear market, or to be a bit more drastic than that: we’ve been experiencing a bear market for months. The Bitcoin prices are at the worst since September 2024 but to not give our hopes up: the market is likely to recover from that again!
Unfortunately Bitcoin is not yet ‘digital gold’. Old people trust gold and silver (of course that varies in its market price, too but it’s way more predictable as statistics go back a long time.)
What is the current hope to make those bull runs for crypto more predictable is “The Clarity Act”. A legal framework and with it a more (pun intended) stable coin.
That could be a game changer and (still, nothing here is guaranteed) what could cause the next real bull run. If older people / traditional investors and brokers see a clear legal framework they’ll start investing and that could cause our much wanted bull run, after days, weeks and months of decline, again.
Well, you could argue that: Because if your crypto rises in value you’re more eager to also buy more stacks in your crypto casino of choice. With more stacks you are also likely to win more.
Another factor is simply time: Who has more money in their wallet can usually play longer or ‘more’, if they keep the bets constant.
Which is always great advice. Just like thoughtful and not rushed investments in shares.
Lets draw a simple scenario: You had 20 bucks last week and you were able to play for lets say an hour by placing the same 0.50 Dollar bet on your favorite online slot over and over again. The reels always spin for lets say 5 seconds until you have a win or loss result. After an hour your money is gone but you had fun and as you set yourself that limit, you log out.
Your crypto doubles its value a week later, so you’re now able to buy 40 bucks of stack and not exceed your self set limit. You play the same online slot with the same 0.50 Dollar bet. The reels spin for 5 seconds each time you hit the play button. You end up playing for 2 hours - and within those two hours your chances were obviously twice as high as the week before.
If you higher the bet on the reels to one dollar you might end up playing just an hour again (judging by the sheer time the wheels are spinning) but within that hour your potential wins are also twice as high.
So, let's assume you win an X amount of money in your last crypto casino session. If you take the time-bet-rule you could go on a bull run. Even though you just won, you won’t raise your bets but keep that ratio constant, meaning you keep playing the same online slots and placing the same constant bets. The chances your stack increases (constantly) and you go on a casino bull run are much higher.
Instead of taking the dopamine from the last win too seriously (just like the bear-skin-sellers back in the day took that adrenaline of their (short) panic attacks too seriously) you keep it cool, you keep your poker face and a bull run is way more likely.
Aside from that, a winning streak and with that your personal bull run is likelier when there are a lot of players playing at your crypto casino. If you take a traditional slot machine for example: this slot machine has to give out a certain percentage of winnings according to the time it was played and the money that was put into it. That means: If the slots haven’t been played all day and nobody has put money in it - you might not get as lucky as you potentially will, when you ’take over’ the (virtual) slot machine after somebody just played for an hour and has put a decent amount of money in it.
That being said: you can’t always tell if the game has been played frequently, unless you watched that person sit there for quite some time and saw that they put some money in it. At your crypto casino that could be the number of players online in e.g. certain online slots. That unfortunately is something not every casino provides.
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