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Indonesian travel regulations are convoluted and ever-changing, but as of February 2022, here's the rough process:
Full details at official government site indonesia.travel, while bali.com has a more digestible version.
Also, all this assumes you can get a direct flight to Bali, but these are quite limited. If you need to transit via Jakarta, things get even more complicated.
Update: One week has passed, and Bali just dropped the quarantine-at-hotel requirement. Everything else including the 3 tests is still the same though, and apparently this is only possible if you travel directly to Bali, no transits via Jakarta etc allowed.