Analysts predict that Bitcoin has retraced 47% this time, and the current bear market is expected to see a 60% to 70% retracement.

Analyst Darkfost wrote on the X platform that Bitcoin's current daily closing retracement is 47%, still far below the magnitude of historical bear market retracements. The record stands at 2012, when bear market retracements exceeded 90%. Over time, bear market retracement trends have eased slightly, as can be seen in the charts where retracements during bear market phases have gradually diminished. If this pattern continues, a reasonable expectation is for retracements to be in the 60% to 70% range.