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Bears vs bulls (noob question lol)

Bears vs bulls (noob question lol)

Bitcoin Reddit

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So whats up with the bear vs bull thing? I get a bear market means falling in price and bull means rising but on the forum theyre described as teams almost? And every news article seems to mention 'the bears push the market down' or 'the bulls fighting to stay above xyz'.

When someone mentions the bears, are thwse just pessimistic people or are they actively selling as soon as prices start falling?

Similarly, are bears just people who buy when they think theres going to be a spike (and push prices up)?

Like i cant tell if they're people with opinions on the market or if they actually sell/buy to effect pricing.

submitted by /u/coinsntings
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