BlockBeats news: On March 15, Bloomberg published an analytical article yesterday stating that Bitcoin is nearing a historical bear market bottom, with the $45,000 to $55,000 range potentially representing the final low. The article cited analysis from Brett Munster, crypto fund manager at Blockforce Capital, who noted that Bitcoin currently offers greater upside asymmetry than downside risk, meaning investors who attempt to time the exact final percentage points of the decline may miss the broader trend.
Analysis indicates that long-term indicators such as the MVRV Z-Score, Realized Price, and the 200-week moving average all show that Bitcoin is currently in a historically undervalued range. The article also notes that, as liquidity and market maturity increase, the maximum drawdown during historical bear markets has shown a declining trend.

