The Bitcoin bear market may be nearing its conclusion, with analysis suggesting it is 90% complete when measured against gold. Bitcoin's price has fallen over 50% since its peak in December 2024, with a significant drop below the 350-day moving average in gold terms as early as August. Historically, Bitcoin's bear markets have seen declines of 76% to 86%, but the current cycle shows a 51% drop over 350 days. Technical indicators, including Fibonacci retracement levels, suggest Bitcoin is approaching a key support zone. The current price, between 19.07 and 22.81 ounces of gold per Bitcoin, indicates a potential accumulation zone. Cross-period Fibonacci levels converted to USD suggest strong support in the $67,000-$80,000 range, indicating the bear market may end sooner than expected.