After one month, the Bitcoin Ahr999 Index has once again entered the "buy-the-dip zone"
BlockBeats news, on May 29, according to information from a third-party data platform, Bitcoin Ahr999 fell below 0.45 again after a month, currently at 0.4322. As a result, this indicator has once again fallen back into the "bottom fishing range".
This indicator was created by ahr999 and aims to assist Bitcoin dollar-cost averaging users in making investment decisions combined with timing strategies. This indicator implies the short-term dollar-cost averaging yield of Bitcoin and the degree of deviation of the Bitcoin price from its expected valuation.
In Bitcoin’s history, the Ahr999 index has been below the bottom fishing line (0.45) for 572 days. The dollar-cost averaging range is 0.45-1.2, which means the Bitcoin price is in a relatively reasonable range, suitable for maintaining a regular investment strategy.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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