#MarketPullback The cryptocurrency bull market is one of the most anticipated events in the market. After all, historically, this cycle has already brought an appreciation of over 1,000% for Bitcoin (BTC) and several other tokens.

Many analysts are betting that by mid-2025 it is possible to see a considerable rise in prices. At the same time, investors are wondering what the basis for this outlook is and whether there is still time to participate in this bull cycle.

What is bull market?

Developed in the traditional financial market, the term bull market refers to a period of long-term price increases for one or more assets.

This cycle requires a combination of several variables. They range from confidence in the general economy, a risk-friendly monetary policy, in addition to the future prospects and relevant developments for the highlighted sector.

Putting all this together, we have a scenario in which there is a lot of optimism among investors about the market and even a wave of positivity, which leverages purchasing power over assets and presents us with a considerable upward trend.

This is how the bull market works not just in one but also in several other assets.