During the last cycle, the bear market corrected the price of bitcoin by about 85% from its ATH, compared to about 81% for the previous bear market; which results in a reduction of about 4% in the percentage of pullbacks during bear markets.

Instead of anticipating each time the next critical zone, we can evaluate in which zone the very bottom of the bear market may lie. Assuming a 4% reduction in the percentage of pullbacks, we can say that the bottom of this bear market would be around $40,000.

But a fundamental factor to consider is that the current cycle has been marked by impressive institutional inflows - these institutions do not act like individuals and the means at their disposal are not the same as individuals. They (the institutions) do not sell out of panic, a strategic reserve does not buy to sell the next day, they are HODLers to sell. Previously, many movements were fueled by hype until the bubble burst, and then prices collapsed. Today, with significant amounts held by institutions, I think the market is less prone to suffer the collapses of bear markets once in vogue. I believe that the bottom of the bear market will be well above $40.000$ and an interesting area before that is around $74,000.

One piece of advice is that every crypto enthusiast prepares psychologically for a bitcoin price of $40.000$ and remains calm.