I'm not sure this is a bear market; it's more of a correction after Bitcoin failed to reach its resistance level at $113,500. So, we're currently in a consolidation phase where the market direction isn't clear. However, this is just a normal correction and can't be considered a bear market yet.

Bitcoin is currently at $109,000, and there are predictions that it will drop to $107,000, and potentially even lower. But this is just a dip before its next rally begins. Just be prepared and don't panic.