Bitcoin’s Ahr999 Index Falls to 0.50, Nearing Its 0.45 Threshold

Bitcoin (BTC)’s Ahr999 index fell to 0.50 on Oct. 25, from 0.56 at the start of October, leaving it 0.05 above the indicator’s historical undervaluation threshold. The 0.50 reading remains in the index’s dollar-cost averaging range, which spans 0.45 to 1.2. Readings below 0.45 are classified as historically undervalued, while readings above 1.2 are considered overvalued. The Ahr999 index is designed to help Bitcoin investors who use dollar-cost averaging assess timing. Its calculation incorporates short-term dollar-cost averaging returns and the gap between Bitcoin’s price and an expected valuation. As of Oct. 25, the index had spent 731 days below 0.45.

Source: TokenPost