Definition
A market condition characterized by rising prices, optimism, and positive investor sentiment. In crypto, bull markets often see dramatic price increases across many digital assets.
Why It Matters
Recognizing bull and bear market cycles helps investors make informed decisions about when to buy, hold, or take profits.
Example
During the 2021 bull market, Bitcoin rose from approximately $29,000 to over $69,000.
Related Terms
Bear Market
Market Cap