Bitcoin's Ahr999 Indicator Falls Below 0.3 to 0.285, Approaching February Low

BTC-1.26%
According to ChainCatcher, Bitcoin's Ahr999 "bottom-buying" indicator fell to 0.285 today, dropping below the key 0.3 threshold and approaching the February 6 low of 0.27. The indicator, calculated based on Bitcoin's current price of $59,291 and its 200-day moving average cost (C200) of $75,821, signals extreme undervaluation when below 0.3, a rare occurrence historically seen during major market crashes and panic events.
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