ahr999 Index

١٧ ديسمبر ٢٠٢٢

█ OVERVIEW

The ahr999 index is very suitable for long-term value investors in Bitcoin.

• When the index is above 1.2, it indicates that the price of Bitcoin is rising in a bull market.
  
• When it is below 1.2, it indicates a reasonable cost averaging interval for investment.
  
• When it is below 0.45, it indicates that the price of Bitcoin is underestimated and is a relatively high-certainty bottoming interval.
  

█ CONCEPTS

ahr999 is the product of two indices, one is Bitcoin's 200-day average price cost and the other is a price estimate fitted to Bitcoin's age.

The average cost is actually a geometric mean of bitcoin price in 200days.

and the estimate price was calculated by a log function based on the bitcoin price history since 2010.

finally we got the formula:

ahr999 Index = (close / GMA200) * (close / Estimate Price)

█ ACKNOWLEDGEMENT

This ahr999 index was originally created by Nine God in his book 《Bitcoin Accumulation》