Definition ∞ Bull Cycles describe periods in financial markets characterized by sustained price appreciation and positive investor sentiment. During these phases, asset values generally increase, driven by robust demand and optimistic outlooks. This upward trajectory is typically associated with expanding economic activity and increased risk appetite among market participants. The identification of such cycles is crucial for strategic investment planning and understanding market momentum.
Context ∞ The current discourse surrounding Bull Cycles in cryptocurrency markets often involves debates about their sustainability, potential triggers, and historical parallels. Analysts are keenly observing macroeconomic factors, regulatory developments, and technological advancements that could influence the duration and intensity of these upward trends. Understanding the characteristics of these cycles provides vital context for interpreting market news and asset performance.