Glossary entry

English term or phrase:

bull rally

Polish translation:

ożywienie rynku byka

Added to glossary by IzzyTranslation
Aug 28, 2020 19:48
3 yrs ago
14 viewers *
English term

bull rally

English to Polish Bus/Financial Finance (general) Cryptocurrency
Sentence: Recently, the project launched the Shelley mainnet which instigated the bull rally mentioned above and we believe that ADA is destined to become one of the top 5 cryptocurrencies.

Quite confused by this sentence and wondering if "bull rally" has anything to do with the "bull market" here or should be translated more verbatim? This text is talking about Cardano (ADA) cryptocurrency.
Any help will be much appreciated.
Proposed translations (Polish)
5 +2 ożywienie rynku byka

Proposed translations

+2
1 hr
Selected

ożywienie rynku byka

The answer to your question is 'Yes, it does'. A bull rally is a period of sustained increases in the prices of a particular cryptocurrency (or cryptocurrencies) during a bull market. There is also a bear rally which happens during a bear market (and is usually much shorter).

Source: https://en.wikipedia.org/wiki/Rally_(stock_market)

A bull market (colloquially: rynek byka; an official term: hossa) includes the growth over a long period of time and may include multiple rallies.

Source: https://pl.wikipedia.org/wiki/Hossa

USA: wyniki spółek sygnalizują ożywienie rynku byka

Wyniki kwartalne amerykańskich spółek okazały się lepsze od prognoz 11 kwartał z rzędu. Analitycy uważają, że to wystarczy, aby ożywić rynek byka który przyćmi wszystkie pozostałe z ostatnich 12 lat.

https://www.pb.pl/usa-wyniki-spolek-sygnalizuja-ozywienie-ry...
Peer comment(s):

agree Frank Szmulowicz, Ph. D.
3 hrs
Dzięki, Frank!
agree Milena Wilczak (X)
13 hrs
Dziękuję :)
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4 KudoZ points awarded for this answer. Comment: "Many thanks for this answer!"
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