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bull rally

Polish translation: ożywienie rynku byka

GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
English term or phrase:bull rally
Polish translation:ożywienie rynku byka
Entered by: IzzyTranslation

19:48 Aug 28, 2020
English to Polish translations [PRO]
Bus/Financial - Finance (general) / Cryptocurrency
English term or phrase: bull rally
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.
IzzyTranslation
ożywienie rynku byka
Explanation:
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...
Selected response from:

Mariusz Jagodziński
Poland
Local time: 11:26
Grading comment
Many thanks for this answer!
4 KudoZ points were awarded for this answer



Summary of answers provided
5 +2ożywienie rynku byka
Mariusz Jagodziński


  

Answers


1 hr   confidence: Answerer confidence 5/5 peer agreement (net): +2
ożywienie rynku byka


Explanation:
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...

Mariusz Jagodziński
Poland
Local time: 11:26
Native speaker of: Native in PolishPolish
PRO pts in category: 8
Grading comment
Many thanks for this answer!

Peer comments on this answer (and responses from the answerer)
agree  Frank Szmulowicz, Ph. D.
3 hrs
  -> Dzięki, Frank!
agree  Milena Wilczak (X)
13 hrs
  -> Dziękuję :)
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