The AHR999 index over the past 3 months:
- In early January, it was still in the 0.54–0.6 range for fixed-amount investment.
- February lows were around 0.27–0.29 (extremely undervalued)
- In March and early April, the range was generally between 0.31 and 0.40.
Since February, it has never returned above 0.45 and has remained in a buy the dips/accumulate-friendly zone.
AHR999 is an index calculation formula created by Jiu Shen, a prominent cryptocurrency trader during the Weibo era.
- AHR999 =
(Bitcoin price / 200-day investment cost) ×
(Current Bitcoin price / Exponential growth valuation)
- Where the exponential growth valuation = 10^[5.84 × log(coin age) - 17.01]
Since its inception in 2019, it has never failed to guide a generation of Bitcoin enthusiasts to wealth. Frequent trading is a major taboo in bear markets, and we've now entered that phase again. The real strategy is to resist all temptations and steadfastly pursue dollar-cost averaging. Large-scale investments can capture 2-3 times the liquidity of the cycle, allowing for further investment with the increased capital during the bull market.
