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Bitcoin's Ahr999 indicator further dropped to 0.3064, marking the ninth consecutive day in the "bottom-fishing zone."

BlockBeats news, November 15th, according to the latest data from CoinGlass, Bitcoin's Ahr999 index is reported at 0.3064, further declining from yesterday's 0.3477, and remains below the "buy-the-dip line" of 0.45. The index fell below 0.45 again on November 6th and has been in the "buy-the-dip zone" for 9 consecutive days.


The previous "buy-the-dip zone" window (from May 29th to August 19th this year, with the index below 0.45) lasted approximately 82 days. Currently, Bitcoin's 200-day dollar-cost averaging cost is approximately $72,525.


BlockBeats note: The Ahr999 index assists Bitcoin dollar-cost averaging users in making investment decisions by combining timing strategies. The index implies the short-term dollar-cost averaging return rate of Bitcoin and the deviation between Bitcoin's price and expected valuation. Historically, Bitcoin's Ahr999 index has been below the buy-the-dip line (0.45) for 741 days.

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