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I just found out about the quite curious origin of the terms we all use in trading. Have you ever wondered what bullish really means and where it comes from? Well, it turns out everything has to do with animal fights in 17th-century London.
Here's how it is: when a bull attacks, it pushes its horns upward. Traders of that time saw this and said, well, that's exactly what happens when prices go up. That’s where the term bullish came from, which basically means that the market is rising. The interesting part is that this wasn’t a coincidence, but it truly captured the essence of price movement.
Now, something similar happened with bears but in reverse. When a bear attacks, it lowers its paws, hitting downward. Traders thought that perfectly represented a price drop, so bearish became synonymous with a bear market. There’s even a theory that the term bearish became even more popular in the 18th century, based on the practice of selling the bear’s skin before catching it, which is basically a metaphor for short selling assets you don’t even own.
What’s fascinating is that these terms caught on so strongly that even today, centuries later, we still use the same logic. When someone says they’re bullish on Bitcoin, they’re actually using the same metaphor that London traders used 300 years ago. It’s one of those details that shows how market history is deeply connected to our current language. The next time you hear bullish or bearish, you’ll already know exactly where that expression came from.