A bear market is a condition in which securities prices fall and widespread pessimism causes the cryptocurrency market’s downward spiral to be self-sustaining. Investors anticipate losses as pessimism and selling increases.
A bull market is a financial market of a group of securities in which prices are rising or are expected to rise. Bull markets are characterized by optimism, investor confidence and expectations that strong results should continue. It is difficult to predict consistently when the trends in the market might change. Part of the difficulty is that psychological effects and speculation may play a large role in the markets.
The opposite of a bull market is a bear market, which is characterized by falling prices and typically shrouded in pessimism. The use of “bull” and “bear” to describe markets comes from the way the animals attack their opponents. A bull thrusts its horns up into the air, while a bear swipes its paws downward. These actions are metaphors for the movement of a market. If the trend is up then it’s a bullish market, if down its bearish market.