Gate News reported that on March 15, Bloomberg published an analysis article stating that Bitcoin has approached a historic bear market bottom zone, with the range of $45,000 to $55,000 potentially representing the final bottom. The article cited analysis from Brett Munster, crypto fund manager at Blockforce Capital, stating that Bitcoin currently offers greater upside asymmetric opportunities than downside, and investors attempting to precisely time the final few percentage points of a decline may miss the broader trend. The analysis pointed out that long-term technical indicators including MVRV Z-Score, Realized Price, and the 200-week moving average all indicate that Bitcoin currently trades in a historically undervalued zone. The article also noted that as market liquidity strengthens and market maturity increases, the maximum drawdowns of historical bear markets show a gradually diminishing trend.