Timothy Peterson defines the current bear market for Bitcoin (BTC) as a 20% drop from its peak, foreseeing it to last 90 days.

He compares this downturn to previous cycles, noting only four had longer durations, while asserting BTC is unlikely to drop below $50,000.

Peterson predicts a short-term decline followed by a rally of 20-40% after April 15, influenced by ongoing macroeconomic factors.