What is the difference between a bull and a bear market?

A bull market is a term used to describe a market that is rising and is expected to continue rising, while a bear market is a term used to describe a market that is falling and is expected to continue falling. In a bull market, investors are optimistic and have confidence in the economy, leading to increased buying and rising prices. In a bear market, investors are pessimistic and lack confidence in the economy, leading to increased selling and falling prices.