Turud
Bitcoin Ahr999 'buy the dip' indicator drops to 0.5, gradually approaching the 'buy the dip zone'
· Source: BlockBeats
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).
This brief is provided by BlockBeats. It doesn’t reflect our views and isn’t investment advice.
Seotud
The UK government has pledged £100 million to collaborate with OpenAI and Anthropic in building biosecurity laboratories.
BlockBeats news, October 26 - According to Bloomberg, the UK government has announced an investment of £100 million (approximately $134 mill…
Suspected same whale address transfers $37.83 million in HYPE to Coinbase
BlockBeats news, October 26, according to Lookonchain monitoring, in the past 24 hours, 3 wallets suspected to belong to the same whale tran…
Crypto Fear and Greed Index drops to 50, market sentiment remains 'Neutral'
BlockBeats news, October 26th, according to Alternative data, today's crypto fear and greed index stands at 50 (yesterday was 54), with mark…