Gate News reported that on March 15, Bloomberg published an analysis article stating that Bitcoin has approached a historically significant bear market bottom zone, with the range of $45,000 to $55,000 potentially representing the ultimate 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 time the final few percentage points of the decline may miss broader market movements. The analysis pointed out that long-term technical indicators such as MVRV Z-Score, Realized Price, and the 200-week moving average have all indicated that Bitcoin is currently in a historically undervalued zone. The article also noted that as market liquidity strengthens and market maturity improves, the maximum drawdowns in historical bear markets show a trend of gradual reduction.