Bear market corrections have decreased every cycle. 2011 Bear Market: -94% drop. 2013-2015 Bear Market: -87% drop. 2017-2018 Bear Market: -84% drop. 2021-2022 Bear Market: -77.5% drop. Based on that, this cycle could be as shallow as 60-65%. That would put Bitcoin’s cycle low around $45k–$50k.