BlockBeats news: On February 1, crypto KOL Sea Bitcoin shared that for the first time in 839 days since October 16, 2023, the Bitcoin ahr999 coin-hoarding indicator has dropped below 0.45 (the bottom line for buying the dip).
BlockBeats Note: ahr999 = (Current Bitcoin Price / 200-day DCA Cost) × (Current Bitcoin Price / Exponential Growth Valuation)
200-day average cost: The average cost of buying Bitcoin with equal amounts each day over the past 200 days (reflecting the short-term dollar-cost averaging return)
Exponential Growth Valuation: Based on an exponential fitting curve of Bitcoin's historical price versus block height (or time) (logarithmic growth model), it represents the long-term "reasonable value" or expected valuation.

