Bitcoin Ahr999 'buy the dip' indicator drops to 0.5, gradually approaching the 'buy the dip zone'

BlockBeats news, October 25 - Bitcoin's Ahr999 "bottom-fishing" indicator has decreased from 0.56 at the beginning of the month to 0.5, currently remaining in the "dollar-cost averaging range" and approaching the 0.45 "bottom-fishing line."

This indicator was created by ahr999. A value below 0.45 indicates the bottom-fishing zone, i.e., the historical undervaluation range; 0.45 to 1.2 is the dollar-cost averaging range; above 1.2 is the wait-and-see overvaluation zone. The indicator is used to assist Bitcoin dollar-cost averaging users in making investment decisions combined with timing strategies, implicitly reflecting the short-term dollar-cost averaging return rate of Bitcoin and the deviation between Bitcoin's price and expected valuation. As of now, Bitcoin has historically had 731 days with the Ahr999 index below the bottom-fishing line (0.45).