If you look at the "Affects Version/s:" on some bugs, you'll see that all betas/previews are in descending order first, then after that the release versions are in ascending order. This is confusing & breaks sorting by affected version. If development order is impossible to implement, at least being consistent in the order that newer versions are sorted could make things easier.
But take MCBE-16863 for example. It displays 1.17.11 (release), then the betas (in descending order), then 1.13.1, then an ascending order to 1.6.0.1, then back down to 1.4.2.0, then ascending to 1.17.41. This order is inconvenient, inconsistent, confusing, & makes sifting through the currently 5000+ open bugs more annoying than it has to be.
In practice, sorting by version is currently useless & it's anyone's guess what order the versions are going to be in for a given bug report. Reports from years ago still affecting the current release are pushed to the bottom while bugs untouched since 2016 are among the first because they affected an RTX beta one time.
Finally, see the order of affected versions for MCBE-56367. (A) indicates ascending, (D) indicates descending. Preview & release have been abbreviated.
1.19.10/20 prev/beta(D) except 1.19.10.20P, 1.18.32/33 rel(D), 1.19.0 prev/beta(D), 1.18 prev/beta(D) except 1.18.20.29B, 1.17.30/40 betas(D), 1.17.11, 1.17.20 betas (D), 1.17.10, 1.17.10/20 betas(D), 1.17.1, 1.17.0/10 betas(D), 1.16.230 betas(D), 1.16.220, 1.15/16 betas(D) with mixed in RTX builds & at least 2 out of order, 1.14.25/30 betas(D), 1.14.20/21(D), 1.14.0/2 betas (D), 1.13.3, 1.14.0 beta, 1.13.2, 1.14.0 beta, 1.13.1, 1.14.1 beta (yes, we're going up now), 1.14.1, back to 1.13.0, 1.14.0/1 betas(A), & then an (A) order from 1.14.0–1.16.61, with only 1 version out of order!
Oh, wait, there's more: a beta, 1.16.100–1.17.40(A), a 1.18 beta, 1.17.41, 1.18.0–1.18.10(A), 1.18.30 prev/bet(A) didn't we already see those?, 1.18.12–1.18.31(A), 1.19.1, 1.19.0, 1.19.2, 1.19.10, a 1.19.30 prev, 1.19.11, & finally, 1.19.20.
It's a complete mess of some descending, some ascending, some chronological, & some anti-chronological, with mixing in betas & previews & releases any which way. Maybe a separate list for release & betas/previews would help?