Sometimes things get mixed up and you want an easy way to remember the difference between a Bear market and a Bull market.
A bull means power, strength, and the urge to run. A bull can pull a heavy weight to the top. He means profits and strong returns.
A bear is a reminder of patience, slow movement, and long winters. A bear knows how to survive a crucial long winter. He waits in patience till things turn better.
That’s why those two strong creatures were chosen to reflect similar situations in the stock market.
Similarly, those two definitions were carried over to cryptocurrencies charts.