Bloomberg Analysis: Bitcoin Near Historical Bottom; $45,000–$55,000 Range May Be Final Floor

Chainthink

Release Time: 03/15/2026 02:41:06

BTC

$68,230.80-2.11%

Summary

Bitcoin news from Bloomberg on March 15, 2026, suggests the asset is approaching a historical bear market low, with the $45,000–$55,000 range potentially serving as the final floor. Blockforce Capital’s Brett Munster pointed to Bitcoin analysis indicating greater upside potential than downside risk. Key metrics such as the MVRV Z-Score and realized price signal undervaluation. With increased liquidity and market maturity, past bear market drawdowns have become less severe.

ChainThink reports that on March 15, Bloomberg published an analytical article 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 cites analysis from Brett Munster, a crypto fund manager at Blockforce Capital, who noted that Bitcoin currently offers greater upside asymmetry than downside risk, suggesting that investors attempting 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.

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