Bitcoin’s Ahr999 “buy the dip” indicator is now at 0.34, having fallen back to mid-August levels.
BlockBeats
According to HTX market data, Bitcoin fell rapidly on Saturday, dropping from around $69,000 this morning to as low as $66,700. It is down 12% over the past 7 days and 18% over the past 30 days.
Bitcoin’s Ahr999 “buy the dip” indicator has now fallen back to mid-August levels, reading 0.34. The most recent “buy the dip zone” (from May 29 to August 19 this year, when the indicator was below 0.45) lasted about 82 days.
The Ahr999 indicator helps users make Bitcoin investment decisions by combining dollar-cost averaging (DCA) with a market-timing strategy. It shows the short-term returns of Bitcoin dollar-cost averaging and the deviation between Bitcoin’s price and its expected valuation. Historically, the Ahr999 index has spent 655 days below the buy-the-dip threshold (0.45).
$BTC
BlockBeats
According to HTX market data, Bitcoin fell rapidly on Saturday, dropping from around $69,000 this morning to as low as $66,700. It is down 12% over the past 7 days and 18% over the past 30 days.
Bitcoin’s Ahr999 “buy the dip” indicator has now fallen back to mid-August levels, reading 0.34. The most recent “buy the dip zone” (from May 29 to August 19 this year, when the indicator was below 0.45) lasted about 82 days.
The Ahr999 indicator helps users make Bitcoin investment decisions by combining dollar-cost averaging (DCA) with a market-timing strategy. It shows the short-term returns of Bitcoin dollar-cost averaging and the deviation between Bitcoin’s price and its expected valuation. Historically, the Ahr999 index has spent 655 days below the buy-the-dip threshold (0.45).
$BTC
