The rise in Bitcoin price has pushed the AHR999 indicator, followed by long-term investors, out of the “buy the dip” zone. The indicator has returned to its regular buying range after approximately 82 days.
According to third-party data, the Ahr999 indicator reached 0.5073 following Bitcoin’s recent gains. This move the indicator out of the “buy bottom” zone below 0.45 and into the average dollar cost of goods (DCA) zone between 0.45 and 1.20.
In the current cycle, the period in which the Ahr999 indicator remained below 0.45 began on May 29th and ended on August 19th. According to this indicator, the bottom buying window offered to Bitcoin investors lasted approximately 82 days.
en.bitcoinsistemi.com