Data: Bitcoin Ahr999 indicator further fell to 0.3064, remaining in the "buying bottom range" for 9 consecutive days
According to the latest data from CoinGlass, the Bitcoin Ahr999 indicator is reported at 0.3064, further dropping from yesterday's 0.3477, still below the "bottom line" of 0.45. This indicator fell below 0.45 again on November 6 and has been in the "bottom zone" for 9 consecutive days.
The last "bottom zone" window period (from May 29 to August 19 this year, when the indicator was below 0.45) lasted for about 82 days. Currently, the Bitcoin 200-day dollar-cost averaging cost is approximately $72,525.
It is reported that the Ahr999 indicator assists Bitcoin dollar-cost averaging users in making investment decisions combined with timing strategies. This indicator implies the yield of short-term Bitcoin dollar-cost averaging and the deviation of Bitcoin prices from expected valuations. Historically, the Ahr999 index has been below the bottom line (0.45) for 741 days.