Bitcoin’s extended pullback from its all-time high has left traders in uncertainty, and many investors are unsure whether the worst of the decline has already passed. One analyst known as Jelle on X is of the notion that the conversation may be missing an uncomfortable reality that Bitcoin bear markets often become far more painful than most participants expect. The price data, he argues, supports a more concerning interpretation of how Bitcoin’s current pullback will play out. Related Reading: Bitcoin Climbs Back To $73,000 As Short Squeeze Wipes Out $246M In Futures Bets Current Bitcoin Decline Still Smaller Than Previous Bear Markets Crypto analyst Jelle issued an interesting warning to investors who may be underestimating the depth and duration of Bitcoin bear markets