Preheat your oven to 400°F (200°C).
Wash the asparagus and trim the tough ends.
Pat the asparagus dry with a paper towel.
Take one slice of bacon and wrap it around each asparagus spear, starting from the bottom.
Secure the bacon with a toothpick if necessary.
Place the wrapped asparagus on a baking sheet lined with parchment paper.
Drizzle with olive oil and sprinkle with salt, pepper, and garlic powder.
Bake in the preheated oven for 15-20 minutes until the bacon is crispy.
Remove from the oven and let it cool slightly.
Serve warm and enjoy!