Bitcoin Ahr999 'buy the dip' indicator now reads 0.34, having fallen back to mid-August levels.

BlockBeats news, November 14th, according to HTX market data, Bitcoin experienced a rapid decline on Saturday, dropping from the $69,000 range early this morning to as low as $66,700, with a 12% decrease over the past 7 days and an 18% decrease over the past 30 days.

Bitcoin's Ahr999 "buy the dip" indicator has now fallen back to mid-August levels, reporting 0.34. The last "buy the dip zone" window (from May 29th to August 19th this year, with the indicator below 0.45) lasted approximately 82 days.

BlockBeats note: The Ahr999 indicator assists Bitcoin dollar-cost averaging users in making investment decisions by combining timing strategies. This indicator implies the short-term dollar-cost averaging return rate of Bitcoin and the deviation between Bitcoin's price and expected valuation. Historically, the Ahr999 index has been below the buy-the-dip line (0.45) for 655 days.