Bull Market

A bull market describes a period when asset prices steadily climb, often driven by widespread optimism and encouraging market news. Unlike a bear market—which has a clearer numerical definition—a bull market isn't pinpointed by a set percentage increase. Instead, it refers to markets where returns and investor confidence significantly exceed typical levels. While the term usually applies to the broader market, individual assets like Bitcoin can experience their own bull markets separate from traditional stock markets. Notably, Bitcoin bull runs often see much steeper gains than those in other assets.