The Ahr999 Index has begun to approach 0.45
According to Jinse Finance, Coinglass data shows that the Ahr999 index on November 21 has dropped below 0.5, just one step away from the bottom-buying range index of 0.45. It is reported that the Ahr999 index is an indicator used to measure whether the price of bitcoin is "expensive" or "cheap" relative to its long-term value. An Ahr999 index below 0.45 is usually considered a super cheap bottom-buying range for bitcoin, suitable for increasing investment; an Ahr999 index between 0.45 and 1.2 is considered a reasonable price range for regular investment.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
USD/JPY: Intervention risk near 160 – Societe Generale

Prices Under Pressure, Costs Rising! BHP (BHP.US) Plans to Restructure Its Australian Iron Ore Business, Layoffs May Further Expand
As part of a larger cost-cutting initiative, BHP plans to restructure its Australian iron ore operations.

US Dollar: Fed repricing supports stronger levels – MUFG

