Adjust the oven temperature to 350°F (180°C).
Fry the bacon until it reaches a crispy texture. Utilize a slotted spoon for removal and place it aside.
Season the meat with salt and pepper. Place it in a Dutch oven or a slow cooker, stirring until uniformly browned. Once browned, remove the meat and set it aside.
In your Dutch oven or slow cooker, now incorporate the onions, garlic, carrots, and celery, cooking until they soften. Add the tomato paste and continue to cook for an additional 1-2 minutes.
Bring the beef broth and red wine to a boil.
Add the meat, bacon, and bouquet garni to your cooking vessel. If using a Dutch oven, transfer it to the oven with the lid on. If using a slow cooker, simply place the ingredients inside.
Cook the beef for 1.5 to 2 hours, or until tender, in a regular Dutch oven. If using an Insta-Pot, set it to high pressure for 55 minutes. Alternatively, if employing a slow cooker, allow it to cook on low heat for 6 to 7 hours.
Remove the bouquet garni and tweak the seasoning to taste.
Serve warm, accompanied by crusty bread or mashed potatoes.