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Bitcoin Ahr999 the "buy-the-dip" indicator fell to 0.5, approaching the "dollar-cost averaging range"

BlockBeats reported that,October 25, Bitcoin Ahr999 the "buy-the-dip" indicator fell from 0.56 to 0.5, currently remaining in the "dollar-cost averaging range" and approaching 0.45 the "buy-the-dip line."

The indicator was created by ahr999; below 0.45 is the buy-the-dip zone, namely 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 intended to assist Bitcoin dollar-cost averaging users in making investment decisions in conjunction with market-timing strategies. It incorporates the returns of short-term Bitcoin dollar-cost averaging and the deviation between the Bitcoin price and its expected valuation. To date, there have been 731 days in Bitcoin's history when the Ahr999 index was below the buy-the-dip line (0.45).

Original link https://m.theblockbeats.info/flash/373598