Bear market refers to a negative trend in the market prices.
What is the Bear market?
Bear market describes a price behavior that indicates a bear market or expect to be a downtrend market. Bear market is the opposite of a bull market.
Types of market trend
There are three patterns of price movement behavior :
- Uptrend: the higher price movement
- Downtrend: the lower price movement
- Sideways: the horizontal price movement
The reason why it’s called Bear market
Bear market is a market condition that indicates a downtrend. When the market becomes the downtrend, the price market will continually decrease which causes the mood of investors and the market atmosphere are going down. They are the same as the sleeping bear behavior that remain motionless or stop moving.